Wall Street jumps after China rebound – New York Report September 8, 2015 US stocks rose more than two per cent yesterday, bouncing after steep losses last week and a China-fuelled rebound in global equities. The Dow Jones industrial average rose 390.3 points, or 2.42 per cent, to 16,492.68, the S&P 500 gained 48.19 points, or 2.51 per cent, to 1,969.41 and the Nasdaq Composite added 128.01 points, [...]
After killing two British IS jihadists, is the government right to say it won’t hesitate to use drone strikes again? September 8, 2015 Robin Simcox, a research fellow at the Henry Jackson Society, says Yes There is, correctly, a high threshold for the government to meet before carrying out a targeted strike against a British citizen. This is the first time such a strike has taken place, and it was done to prevent Reyaad Khan – an [...]
Bale never came close to leaving Real for Old Trafford, says agent September 8, 2015 Suggestions that Real Madrid forward Gareth Bale was close to joining Manchester United this summer were scotched yesterday by the player’s agent. United were linked with Bale, who joined Real from Tottenham for a world record £83.5m in 2013, although the man who brokered that deal claimed the notion of Bale moving to Old Trafford [...]
Tesco: Here’s who is eyeing up its South Korean business Homeplus September 8, 2015 Embattled retailer Tesco has reportedly invited five private equity firms, and one department store chain, to bid for its South Korean unit Homeplus which is valued at around about $6bn (£3.9bn). US-based KKR and Carlyle Group are among the potential runners and riders, according to a report by Reuters. London-based CVC Capital Partners, Hong Kong-based Affinity Equity Partners and [...]
Mayer Brown appoints the City’s first legal apprentices September 8, 2015 There's a more direct, cheaper route for ambitious youngsters who are eyeing up a career in corporate law. And the trend could be about to take off, with law firm Mayer Brown hiring more than its original quota. Mayer Brown announced today that Rosie Ahmadi, 20 and David Elikwu, 21 will be the first participants in [...]
Queen could have racked up £1bn rent during her 63-year reign September 8, 2015 The Queen would have forked out over £1bn had she had paid rent on Buckingham Palace and her other six properties during her 63 year and seven month reign. As Queen Elizabeth II becomes the UK’s longest serving monarch, lettings agent Rentify has crunched the figures to see how much she might have paid had [...]
Bargain Booze parent Conviviality Retail’s share price soars as confirms its buy out of Matthew Clark from Punch Taverns and Hertford Cellars for £200m September 8, 2015 Bargain Booze parent company Conviviality Retail's share price leaped this morning after confirming it is buying out wholesaler Matthew Clark for £200m. The deal, a reverse takeover that will be subject to shareholder approval, is being struck via Conviviality's subsidiary Conviviality Brands, and will create a major player in the industry with a combined annual turnover [...]
Queen Elizabeth II’s longest reign: Bank notes become interactive for Her Majesty’s celebrations September 8, 2015 The Queen will become the longest reigning UK monarch in history tomorrow, after taking up her seat on the throne more than half a century ago – but Her Majesty is a thoroughly modern monarch. Now, the British bank note, featuring Elizabeth II's famous face, will become interactive to celebrate her reign over the country with [...]
Why Chile is perfectly suited to making delicious wine September 8, 2015 This week we attended a tasting run by one of Bordeaux’s leading negociants, CVBG. However, it surprisingly featured no Bordeaux wine, instead only Italian and Chilean. The Place de Bordeaux is the wine trading system originating in the middle ages which sells 70 per cent of Bordeaux’s wine by volume into 160 countries. What some [...]
Salt & Honey restaurant review: London’s modern European Bistro is the bees knees September 8, 2015 28 Sussex Pl, W2 2TH Tel: 020 7706 7900 FOOD ★★★★★ VALUE ★★★★★ ATMOSPHERE ★★★☆☆ Cost for two with wine: £100 The internet has done for the food scene what cheap international flights did for travel: it made it accessible. There are no secrets – a new restaurants barely needs to open its doors before an army of [...]