WHAT THE OTHER PAPERS SAY THIS MORNING June 3, 2010 Financial times TNK-BP STEP UP SALE OF GAS FIELD TNK-BP, BP’s Russian joint oil venture, ratcheted up the pressure for a sale of its vast Kovykta gas field on Thursday, announcing that it was pushing the unit that owns the licence to the field into bankruptcy. The move raises the stakes over the future of [...]
Wiggins seals third-place finish March 7, 2010 CYCLING: Bradley Wiggins finished in the peleton to claim third place in the Tour of Mercia. The British Team Sky rider maintained his position following his time trial success on Saturday, finishing behind Czech winner Frantisek Rabon and Russian Denis Menchov. Lance Armstrong came home in seventh.
Arsenal ownership takes fresh twist as Kroenke takes control of NFL side April 13, 2010 MYSTERY surrounding the future of Arsenal has deepened after the club’s largest investor Stan Kroenke decided to snap up the remaining shares in his American football franchise St Louis Rams. The US billionaire’s move casts doubt on his ability to launch a takeover of the Gunners, just hours after it seemed the Premier League outfit’s [...]
Rusal upbeat about aluminium demand April 12, 2010 RUSAL, the world’s biggest aluminium producer, said yesterday it expects the aluminium market to improve this year with the global recovery, prompting it to boost production and restart a mothballed plant. The Russian firm, which raised $2.2bn (£1.4bn) when it became the first non-Asian company to list in Hong Kong earlier this year, posted a [...]
Baltacha through to Indian Wells March 10, 2010 TENNIS: British No1 Elena Baltacha qualified for the main draw of the BNP Paribas Open in Indian Wells after securing a 6-3, 6-4 win over Russian Ekaterina Bychkova. She will now play American wildcard Alexa Glatch in the first round on Wednesday, joining fellow Brit Anne Keothavong and men’s No4 Andy Murray in California. Murray [...]
The spy who loves papers needs deep pockets March 25, 2010 JOURNALISTS at the Independent cheered when they found out that former KGB spy Alexander Lebedev had finally bought the newspaper. Their reaction couldn’t have been more different to the doomed silence that descended on the Evening Standard offices in January 2009, when hacks at that title learned of its sale to the Russian billionaire. But [...]
Indie to hand out 3m free newspapers April 19, 2010 THE Independent will hand out 3m free issues of its revamped newspaper in marginal constituencies in the run-up to the general election. The paper today unveiled a major facelift after being bought by ex KGB-man Alexander Lebedev last month. The limited edition election editions will promote the newspaper’s independent stance by refusing to back any [...]
Aristocrat of Arsenal plays hard to get April 12, 2010 LADY Nina Bracewell-Smith will resist selling her stake in Arsenal despite growing pressure from the club’s two biggest shareholders. Speculation reached fever pitch yesterday after it emerged Bracewell-Smith has hired US buyout group Blackstone to advise her over her 15.9 per cent holding in the Gunners. The news coincided with the deadline for Arsenal’s leading [...]
Belle Epoque style enters the 21 century May 27, 2010 AT the turn of the last century a visit to the imposing Mont Pelerine Palace in the Swiss Alps was a favourite pastime among wealthy travellers. They arrived by train to the quiet commune of Chardonne before ascending by funicular to the elegant hotel, enjoying the famous local Charennes wine and mingling with New York [...]
Rusal float to net Deripaska $70m bonus April 14, 2010 RUSAL, the aluminium group which earlier this year became the first Russian company to list in Hong Kong, has awarded chief executive Oleg Deripaska a weighty $70.3m (£45.4m) bonus for getting the float away successfully. The company said yesterday that oligarch Deripaska has been awarded 50.625m bonus shares at the offer price of HK$10.80 per [...]