Stock Spirits in profit warning as sales slump November 5, 2014 STOCK Spirits, the central European-focused spirits producer, saw its share price plummet 25 per cent yesterday as the company warned its full-year profits could be between “€5m (£3.9m) and €10m below expectations”. The UK-headquartered company pointed to a 15 per cent rise in Polish excise duties and aggressive pricing from competitors as reasons for the [...]
Jose Mourinho is right: Football grounds should be cauldrons of noise November 3, 2014 CHELSEA football manager Jose Mourinho is right, as ever. Stamford Bridge, the club’s home stadium, has become too quiet, even though it’s full to the rafters every week with more than 41,000 fans. In the six years since the Special One, as he is known, last plied his trade in west London, the atmosphere at [...]
The EU is turning its back on capitalist virtues just when it needs them most October 28, 2014 IS THERE a secret Leninist cell operating at a high level in the European Commission’s headquarters in Brussels? One which is dedicated to the overthrow of the capitalist structures of the European Union? The evidence from this past week is certainly consistent with this hypothesis. The demand for an additional £1.7bn payment from the UK [...]
Controversial back Beale could still feature on Wallabies’ tour October 27, 2014 CONTROVERSIAL back Kurtley Beale could still feature on Australia’s tour of Europe despite his chequered disciplinary record, says Wallabies’ assistant coach Nathan Grey. The New South Wales Waratahs star was fined £24,6000 by Australian rugby chiefs last week after a disciplinary tribunal found the 25- year-old had breached the governing body’s code of conduct. Beale [...]
Advisers back in the spotlight after eDreams’ shares fall 91pc since float October 27, 2014 THE STEEP underperformance of shares in eDreams, which were suspended at the end of last week, has shone a critical light on the advice of STJ Advisors – the firm set up by former Nomura banker John St John in 2008. STJ has had a busy year advising on deals in the European equity capital [...]
eDreams becomes an eNightmare as its shares are suspended following Iberia ticket controversy October 24, 2014 Shares in travel website eDreams Odigeo have been suspended from trading by a Spanish regulator after they plummeted 59.1 per cent in a single day. The company, which is based in Barcelona, listed just six months ago at €10.25, but plummeted to €1.023 today before the regulator called a halt to trading. The fall came after [...]
Following the #GamerGate saga, new study states gaming least welcoming area for women online October 23, 2014 A new study from the Pew Research Center has found online gaming is the "least welcoming" online environment for women. The findings come as the #GamerGate saga continues to spark fierce online debate about the level of sexism and misogyny in the video game community. The research, by the US-based Pew Investigation Centre, found just [...]
Should Liverpool be worried by Raheem Sterling’s late night partying? A sports physiologist explains October 22, 2014 The saga surrounding Raheem Sterling’s fatigue continues to rumble on. The Sun’s front page this morning screamed “'Tired’ Raheem at 3am 3 Lions party” and led to a story exposing the teenage winger’s exploits at a London nightclub just a day after suggesting he was “a bit tired” ahead of England’s game against Estonia. [...]
One door closes, while others open – Editor’s letter October 21, 2014 Investment bankers are a bit like accountants. They see opportunities from every eventuality. Accountants thrive in the good times and the bad, with the big firms’ restructuring departments jumping into action when the economy turns sour. Yesterday as BCA Marketplace, owner of the webuyanycar.com website, pulled its stock market flotation in London, I asked one [...]
Pistorius may serve under a year October 21, 2014 PARALYMPIC icon Oscar Pistorius was last night beginning a five-year prison sentence for killing girlfriend Reeva Steenkamp, but the double amputee could be back at home in just 10 months. Judge Thokozile Masipa brought a 20-month legal saga to an end yesterday by rejecting the defence’s pleas to spare Pistorius jail, a move she said [...]