What the other papers say this morning – 31 March 2014 March 31, 2014 FINANCIAL TIMES SocGen accused over Libya deals The Libyan Investment Authority has accused Société Générale of helping to funnel bribes worth tens of millions of dollars to close associates of Saif al-Islam, the son of former Libyan leader Muammer Gaddafi. The claim was made in a $1.5bn lawsuit filed against the French bank in London’s [...]
Rusal disrupts Metal Exchange warehouse plan March 28, 2014 THE LONDON Metal Exchange’s reforms suffered a major setback yesterday, after a court agreed with Russian aluminium producer Rusal that plans to cut warehouse queues were “unfair and unlawful”. The world’s largest metals exchange said it is taking legal advice on whether to appeal the London high court’s decision. The court ruled in favour of [...]
Mediterranean Oil and Gas wins Malta legal dispute against Leni March 28, 2014 LENI Gas and Oil (LGO) yesterday lost a court case against Mediterranean Oil and Gas (MOG), over its sale of an asset off Malta. The judge presiding over the case, Mr Justice Males, said that LGO’s case “fails at every stage” and that MOG had no intention to mislead. LGO brought proceedings against fellow Aim-listed [...]
Alfresco v Aldesco March 25, 2014 With the sun out, it’s time to eat alfresco, says Alex Dymoke – but for those poor souls stuck to your desks, we have some special take away options as well… THE CITY (NORTH)The Water Poet9-11 Folgate Street, E1 6BX The Water Poet pub is located at the very northern tip of the Square Mile. [...]
Total overhaul of Carney’s top level executives March 18, 2014 MORE than a dozen top staff at the Bank of England will be reshuffled into new or radically changed jobs this summer, the Bank said yesterday, with around 10 more senior positions still to be filled. A new deputy governor has been appointed for markets and banking, a position which did not exist previously and comes [...]
Why an independent Venice should adopt Dogecoin March 18, 2014 On Friday, polls will close as Venetians vote on the issue of independence. Opinion polls suggest that locals are in favour of a future Republic of Veneto, but a successful yes result will not be legally binding. Crucially, if Venice does ever become fully independent, it will have to make a decision on the matter [...]
Why an independent Venice should adopt Dogecoin March 18, 2014 On Friday, polls will close as Venetians vote on the issue of independence. Opinion polls suggest that locals are in favour of a future Republic of Veneto, but a successful yes result will not be legally binding. Crucially, if Venice does ever become fully independent, it will have to make a decision on the matter [...]
Lord Grabiner is called in to lead Bank forex probe March 12, 2014 LORD Grabiner was hired yesterday to head the investigation into the foreign exchange scandal at the Bank of England. The heavyweight’s appointment is intended to indicate how seriously the Bank takes allegations that its staff knew about manipulation or even encouraged such behaviour. Grabiner will lead the probe, supported by law firm Travers Smith LLP which [...]
Letters to the Editor – 12/03 – Venezuela chaos, Greenbelt land, Best of Twitter March 11, 2014 Venezuela chaos [Re: Venezuela’s mad socialist experiment is destroying a nation, yesterday] The Left has been praising Venezuela as some sort of democratic New Way, and has remained wilfully blind to the rigged courts, massive increase in murder, and the harassment of journalists and the media. The country rode on the back of high energy [...]
Pistorius neighbour claims she heard fight on night of killing March 4, 2014 A SECOND neighbour of Oscar Pistorius says she was woken by the sound of raised voices on the night the Paralympic star is accused of murdering his girlfriend Reeva Steenkamp. Estelle van der Merwe, who lives in the same gated estate as South African Pistorius, told a Pretoria court yesterday that she put a pillow [...]