The New York fairytale hoping to wow London. But is it any good? September 24, 2012 RESTAURANT BALTHAZAR 80 Spring St, New York Tel: 00 1 212 965 1414 FOOD **** SERVICE ***** ATMOSPHERE **** Cost per person without wine: £45 In the late nineties and early noughties, New York’s Balthazar was the very definition of an “it” restaurant. Renowned as one of the hardest places to get a table in [...]
How to make a Drambuie cocktail fit to raise the dead September 24, 2012 City A.M.’s resident cocktail expert TO MAKE Donn Beach’s infamous Zombie cocktail you’ll need white rum, golden rum, dark rum, apricot brandy, fresh pineapple juice, fresh papaya juice, 151-proof rum and grenadine. Good luck with that. Making some cocktails is akin to trying to cook like Heston Blumenthal. You’ll be back on the beer in [...]
What the other papers say this morning September 23, 2012 FINANCIAL TIMES Banks to shed €20bn property loans Europe’s banks are on track to dispose of €20bn worth of loans backed by offices, shops and hotels this year as lenders across the continent race to reduce exposure to the volatile real estate sector ahead of tough regulatory changes. Banks including Lloyds Banking Group, Santander and [...]
Apple seeks further damages in Samsung patent case in US September 23, 2012 APPLE has asked a judge to award an extra $535m (£329.7m) in its US patent case with Samsung Electronics in addition to its requested permanent injunction against sales of Samsung’s infringing products. “The harm to Apple was deliberate, not accidental,” Apple attorneys said in court papers filed 21 September in the US District Court in [...]
Apple shares jump on iPhone 5 launch September 21, 2012 Apple released the eagerly-awaited iPhone 5 to large crowds today around the world, as its shares jumped in early trading. The technology giant’s shares spiked 0.65 per cent in early trading on the Nasdaq, as Apple retail stores opened at 8am to long queues of shoppers. Online pre-sale orders reached 2m in the first 24 [...]
FTSE 100 jumps on mining gains September 21, 2012 The blue chip index consolidated gains in Asia and the US this morning, as once again miners headed up the morning leaderboard on improved copper prices. Essar Energy and Ruspetro rose 4.15 per cent and 3.85 per cent respectively. Heavyweight miners Vedanta and Bumi added 3.42 per cent and 3.4 per cent respectively. Elsewhere, Abu [...]
iPhone 5 launch hit by maps outcry September 20, 2012 APPLE faced embarrassment yesterday on the eve of today’s iPhone 5 launch, as users who upgraded to the latest version of the phone’s operating system vented their anger over changes to the device’s mapping software. Apple, led by Tim Cook (pictured), has ditched arch-rival Google’s trusted maps for the iOS6 upgrade, but on its first [...]
Government must think fast and big to make Britain a tech haven September 20, 2012 THE Prime Minister says he wants the UK to be the best place in the world to start, run and grow a high-tech company. As a strategy for rebalancing the economy, this makes a lot of sense. The internet is where the growth is. It accounts for a greater share of UK GDP than in [...]
Capital & Counties gets cash to help it expand Covent Garden September 19, 2012 PROPERTY group Capital & Counties (Capco) yesterday raised £149.1m to help fund its ambitious plans for Covent Garden. The firm placed 68.4m shares at 218p per share, or a 1.1 per cent discount to Tuesday’s closing price. Capco said the funds will be used to help fund its £200m plans to snap up more properties [...]
Publishers and Apple end EU ebook dispute September 19, 2012 APPLE and four major publishers have reached an agreement with the European Commission (EC) that will allow retailers such as Amazon to sell ebooks at a discount. The EC said yesterday that the Californian firm, along with four out of the world’s five biggest publishers – Hachette, Macmillan, HarperCollins and Simon & Schuster – had [...]