$1bn Facebook backer eyes Twitter stake January 9, 2011 DIGITAL Sky Technologies, the Russian firm with a $1bn (£644bn) stake in Facebook, is considering buying shares in micro-blogging site Twitter. In its recent financing round, Twitter was valued at $3.7bn, despite advertising revenues said to be around $100m last year. If DST went ahead with the move, it would mean that that the company [...]
Kleinwort case is settled July 11, 2010 A legal battle between Commerzbank and a former Kleinwort investment banker over the use of the Kleinwort name has been settled. According to a Financial Times report, Commerzbank – which sold Kleinwort Benson in June – issued a High Court lawsuit against former Kleinwort banker Robert Pasley-Tyler, claiming he had infringed the Kleinwort name. Kleinwort [...]
Romantic relaxation for two February 7, 2011 THE SPA AT CHANCERY COURT, HOLBORN This chi chi spa in Holborn is another with an oh-so-smart couples treatment room, called the Harmony Suite. For its Valentine’s package, you can unwind in the relaxation area before lying side-by-side for a 55 minute personalised massage by candlelight, followed by chocolate-dipped strawberries and a glass of bubbly [...]
London’s hidden property gems February 24, 2011 ROTHERHITHE, SE16 The renaissance of this former dock has gone largely unnoticed, and house prices are generally cheaper than surrounding areas. Carl Davenport, of estate agents Chesterton Humberts, says Rotherhithe is the “overlooked neighbour” of Tower Bridge. “Prices are in many cases cheaper by up to 20 per cent on a like to like basis,” [...]
London’s hidden property gems February 24, 2011 ROTHERHITHE, SE16 The renaissance of this former dock has gone largely unnoticed, and house prices are generally cheaper than surrounding areas. Carl Davenport, of estate agents Chesterton Humberts, says Rotherhithe is the “overlooked neighbour” of Tower Bridge. “Prices are in many cases cheaper by up to 20 per cent on a like to like basis,” [...]
London’s hidden property gems February 24, 2011 ROTHERHITHE, SE16 The renaissance of this former dock has gone largely unnoticed, and house prices are generally cheaper than surrounding areas. Carl Davenport, of estate agents Chesterton Humberts, says Rotherhithe is the “overlooked neighbour” of Tower Bridge. “Prices are in many cases cheaper by up to 20 per cent on a like to like basis,” [...]
FTSE 100 sinks again over fears of Middle East unrest February 23, 2011 POLITICAL turmoil in Libya and the threat of contagion across the Middle East and North Africa sent Britain’s leading shares lower yesterday, testing seven-month technical support levels. The FTSE 100 index was 73.23 points, or 1.2 per cent, lower at 5,923.53, extending its declines to more than 2.5 per cent on the week. London’s blue [...]
HIGH FLYER LOSES COURT CASE May 3, 2010 A HIGH-FLYING marketing executive who accused her boss of sexual harassment and trying to hire Russian hitmen to kill her has had her £4m compensation claim quashed by an employment tribunal. Jordan Wimmer, 29, was described as not being a “persuasive” witness in her lurid case against multi-millionaire Mark Lowe of Nomos Capital.
Murray eases into last four and he’ll avoid injured Nadal January 26, 2011 ANDY MURRAY overcame the disappointment of dropping the first set of his Australian Open campaign to make it through to the semi-finals following a four set win over Alexandr Dolgopolov. The British No1 came through a testing encounter against the unorthodox Ukrainian 7-5, 6-3, 6-7 (3-7), 6-3, and will face David Ferrer in the last [...]
All change for the owners of mid-cap City stockbrokers February 20, 2011 MID-MARKET City brokers have had a tough recession, and it shows in a series of M&A deals reshaping the sector. Two hit the spotlight for different reasons last week: Brewin Dolphin received much acclaim for selling its 55-man broking arm to Spanish investment manager N+1 for £5m, leaving it free to focus on its asset [...]