Volcanic ash shows need to pick the right travel policy April 22, 2010 AEROPLANES might be returning to the skies once again, but for many business travellers and holidaymakers who have been stranded abroad or had their plans disrupted, the fallout is only just beginning as they start the process of claiming back their money. While the volcanic eruption was an unprecedented event, it has brought home the [...]
Bharti will sign letter of intent over Zain deal February 22, 2010 Kuwaiti telecoms firm Zain and India’s Bharti Airtel are expected to sign a letter of intent for their $9bn (£5.8bn) African assets deal this week. The letter will include the official offer and the schedule of payment. Bharti is in exclusive talks until 25 March to buy Zain’s African business, excluding Morocco and Sudan. It [...]
A palace of calm after the storm April 12, 2010 Pétrus 1 Kinnerton St, SW1X 8EA 020 7592 1609 www.gordonramsay.com Cost per person without wine: £55 IT’S hard to believe that so tranquil a restaurant as this was born of an immense falling out. We all know the saga. For years Pétrus in Belgravia’s Berkeley Hotel was one of the shiniest jewels in Gordon Ramsay’s [...]
Toyota set for Prius recall February 8, 2010 TOYOTA was last night preparing to recall all Prius hybrid cars sold since the start of the year, as the safety crisis engulfing the Japanese company looked set to cost it $4bn (£2.6bn). More than 180,000 Toyota vehicles have been recalled in the UK because of problems with sticking accelerator pedals. A recall of the [...]
Quins chief is sorry for blood feigning saga August 12, 2009 HARLEQUINS chief Mark Evans has written to the club’s fans to apologise for the blood-feigning affair. Winger Tom Williams was banned for 12 months after being found guilty of faking an injury in against Leinster in April. “We have to accept we have been found guilty of behaviour that cannot be accepted or condoned and [...]
Toyota recall hits UK February 3, 2010 TOYOTA will recall over 180,000 vehicles in the UK as part of the ongoing faulty accelerator saga. The embattled car maker says it is working with the DVLA to identify owners of vehicles with faulty accelerator pedals. The vast clean-up operation is over a £9 part that takes just 30 minutes to repair. At least [...]
Hubris is always CEOs’ worst enemy March 18, 2010 IT has been an embarrassing couple of days for Tidjane Thiam, Prudential’s chief executive. On Wednesday, he accepted a non-executive directorship at Societe Generale, the French bank; 48 hours later, he had changed his mind, after a backlash from City institutions already upset at the looming dilution to their holdings from the Pru’s planned $21bn [...]
BANK OF ENGLAND BOFFIN KNOCKS THE SPOTS OFF THE COMPETITION March 31, 2010 WHEN it comes to pepping up weighty speeches with witty references to popular culture, the boffins from the Bank of England aren’t exactly known for being trailblazers. But Andrew Haldane, the Bank’s executive director for financial stability, tore his peers’ stuffy image to shreds in a speech in Hong Kong this week by managing to [...]
WHAT THE OTHER PAPERS SAY THIS MORNING March 17, 2010 FINANCIAL TIMES ITV SET TO ESCAPE RULES BUGBEAR ITV may be close to losing one of its most burdensome regulations after the government said it had powers to intervene in a long-running competition saga under a loophole in the law. City analysts believed the contract rights renewal (CRR) rules were certain to be a drag [...]
City can leave United’s title hopes in tatters April 15, 2010 MANCHESTER CITY vs MANCHESTER UNITED TOMORROW – 12.45PM SKY SPORTS 1 THIS must be one of the most important Manchester derbies in recent memory with United trying to gain ground on Chelsea and City looking to consolidate their fourth-place position. Add the whole Carlos Tevez saga, Gary Cook’s intelligent remarks and the fiery Carling Cup [...]