Djokovic’s on the march as Open hots up September 1, 2009 WORLD No4 Novak Djokovic made light work of a predicted banana skin last night as he enjoyed an easy passage into the second round of the US Open. The Serbian was up against former world No3 Ivan Lubicic but proved to be a class apart as he strolled past the 30-year-old Croatian 6-3, 6-1, 6-3 [...]
Murdoch’s London Paper closes its doors for now August 20, 2009 NEWS International’s decision to close the London Paper will come as a huge blow to its 60 staff, who will now enter a month-long consultation. They have worked hard to create a product which has been a massive success in many ways. Its revolutionary design, for example, has been critically acclaimed and the paper has [...]
Johnson to be sidelined for eight weeks August 20, 2009 STRIKER Andy Johnson set Fulham on their way to a comfortable win before having his evening ended by a dislocated shoulder. Johnson struck after just three minutes against the Russians but was taken off after being floored by a blatant body-check in the second half. He faces eight weeks out. Further goals from American midfielder [...]
SPORT IN BRIEF August 20, 2009 Zhirkov plays down surgery fearCHELSEA winger Yuri Zhirkov has denied reports he needs an operation to cure the knee problem that has prevented him making his Premier League bow. Zhirkov is not expected to return before the Blues face Burnley on Saturday week, but the Russian summer signing said suggestions of surgery “don’t correspond to [...]
CITY MOVES Who’s switching jobs August 18, 2009 RBC Capital MarketsThe corporate and investment banking arm of the Royal Bank of Canada has hired Phil Halper as a director in its Scandinavian rates trading team, based in London. Halper joins the firm with 15 years of market experience, having most recently worked at the Royal Bank of Scotland, where he was a senior [...]
WHAT THE OTHER PAPERS SAY THIS MORNING August 12, 2009 FINANCIAL TIMES BHP CALLS FOR MARKETS TO SET IRON ORE PRICESBHP Billiton, the world’s biggest miner, has made a plea for the “emotion and anxiety” to be taken out of the iron ore business with a shift to market-based pricing like oil or coal. The plea by Marius Kloppers, chief executive of BHP, came a [...]
Nice ice baby August 12, 2009 ICE cream never used to be a gourmet dinner’s crowning glory. Yet London has become a capital for the stuff – from street vendors to high gastronomy. Take Michel Roux at Michelin-starred Le Gavroche, who makes all his ice cream fresh daily – this week that includes fresh mint and peanut butter. Or Justin Saunders [...]
WHAT THE OTHER PAPERS SAY THIS MORNING August 6, 2009 FINANCIAL TIMES RISING RISK PROVISIONS HIT COMMERZBANKCommerzbank yesterday raised its risk provisions as Germany’s second largest bank was hit in the second quarter by problems in property markets and the economic crisis in central and eastern Europe. However, it reduced operating losses , and suggested overall risk provisions this year would be in line with [...]
How the Russian oligarchs came to rise and reign in boomtime London August 5, 2009 LONDONGRADBY MARK HOLLINGSWORTH AND STEWART LANSLEYFourth Estate, £12.99ONE of the most visible signs of the times over the past few years has been the increasing Russification of London. The likes of Roman Abramovich, the owner of Chelsea Football Club, Oleg Deripaska, who made headlines when he entertained the then-EU trade minister Peter Mandelson and shadow [...]
Rexam slashes Russian output August 3, 2009 Rexam, the world’s biggest drinks can maker, said yesterday that it will cease its operations at its Russian Dmitrov plant, after the global economic downturn saw demand in the region plummet. The closure will reduce output by 1.3bn cans per year.