WHAT THE OTHER PAPERS SAY THIS MORNING July 1, 2010 FINANCIAL TIMES GENERAL ELECTRIC CHIEF VENTS FRUSTRATION OVER CHINA The GE chief executive Jeff Immelt told Italian industrialists at a dinner on Wednesday that he was worried about the way Beijing was treating foreign companies. “I am not sure that in the end they want any of us to win or any of us to [...]
200-up Nadal on course to reclaim title May 31, 2010 RAFAEL NADAL buried his French Open demons to chalk up his 200th victory on clay and waltz into the quarter-finals at Roland Garros. The four-time champion suffered a shock defeat to Robin Soderling at this stage last year, but never looked in any danger of repeating the feat, comfortably beating young Brazilian Thomasz Bellucci in [...]
Deripaska could return to Norilsk April 5, 2010 A billionaire shareholder in Russian aluminium giant Rusal is set to return to the board of Norilsk Nickel, in the latest sign of a possible merger. Oleg Deripaska has been included on a list of candidates for the board, which the company shareholders are due to approve at its general meeting in June, Norilsk said [...]
WHAT THE OTHER PAPERS SAY THIS MORNING April 29, 2010 FINANCIAL TIMES STEEL INDUSTRY SET FOR A ‘NEW VOLATILITY’ Lakshmi Mittal warned yesterday that the impending large rise in the costs of iron ore would lead to “new volatility” in the steel industry by pushing up prices of the metal in a development that could harm the competitiveness of some of ArcelorMittal’s European plants. The [...]
INM hands Lebedev £9m to take Indy March 25, 2010 THE Independent newspapers were yesterday sold to Russian billionaire and former KGB spy Alexander Lebedev for £1. Independent News and Media (INM) will pay Evening Standard owner Lebedev £9.25m over the next 10 months, effectively compensating him for taking the beleaguered newspapers off its hands. Lebedev has set up a new vehicle, Independent Print Limited, [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 17, 2010 FINANCIAL TIMES UGANDA TAX ROW DELAYS HERITAGE SALE OF OIL FIELD Uganda is insisting that Heritage Oil, the UK-listed oil explorer, must agree to pay $360m (£243m) in capital gains tax on the “super profits” it will make on a $1.35bn oilfields sale before it will sanction the deal. Uganda’s energy minister said the government [...]
CITY MOVES | WHO’S SWITCHING JOBS April 8, 2010 Merrill Lynch Wealth Management Nick Booth has joined the wealth management firm as a business development director within the Merrill Lynch Portfolio Managers division. Booth, who will be based in Jersey, will focus on ultra high net worth clients and trust companies in the Channel Islands, working closely with the wealth structuring and advisory teams. [...]
WHAT THE OTHER PAPERS SAY THIS MORNING May 3, 2010 FINANCIAL TIMES DERIPASKA IN NEW LISTING Oleg Deripaska, the Russian billionaire, is preparing to float a second resource company in Hong Kong just three months after the controversial $2.2bn initial public offering of Rusal, his aluminium group. Strikeforce Mining and Resources aims to raise as much as $200m this month, according to people close to [...]
JKX plans to double production March 30, 2010 JKX, the oil and gas producer, reported a six per cent rise in production in 2009 and promised a year of growth as it looks to nearly double its production by 2011. It said it plans to invest $230m (£152m) in its Russian and Ukrainian operations in 2010, following a fundraising in January. This year [...]
Blues double stars salute Ancelotti May 16, 2010 THE FA CUP FINAL 2010 FRANK LAMPARD and John Terry, two of the players closest to Jose Mourinho during his reign as Chelsea manager, have hailed double-winning boss Carlo Ancelotti as the equal of the self-styled Special One. Ancelotti led his squad on an open-topped bus parade through west London yesterday as ecstatic Blues fans [...]