PEPSICO LOOKS FOR RUSSIAN FIZZ July 6, 2009 PepsiCo pledged yesterday to invest $1bn (£616m) in Russia over three years. It said it was confident in the Russian market, which is still growing despite the financial crisis. Russia is critical for PepsiCo, which is looking to boost profits as recession and changing consumer habits limit sales growth in the US.
Banks and champagne are out, but the Tory big beast is still standing May 4, 2010 KEN Clarke has gone awol. He left the last campaign stop at the same time as his chief of staff, who has long since arrived, but is nowhere to be seen. “He insists on driving himself,” one aide tells me, with an exasperated look. Eventually, forty-five minutes after we’re supposed to meet, he storms into [...]
Gazprom third quarter profits up on joint ventures and currencies February 1, 2010 Russian state-run energy company Gazprom posted a forecast-beating 33 per cent rise in third-quarter net profit, thanks to successful investments in jointly controlled entities and a foreign exchange gain. Gazprom’s shares closed up 1.8 per cent at 189.85 roubles (£3.93) on Moscow’s MICEX, bucking a downward trend on the broader market, where the oil and [...]
Sharapova crashes out as Nadal marches on January 18, 2010 MARIA SHARAPOVA insisted she will take defeat on the chin after becoming the first big-name casualty of the Australian Open. The 2008 champion, seeded 14, made no fewer than 77 unforced errors and served 11 double faults as she crashed 7-6 (7-4), 3-6, 6-4 to fellow Russian Maria Kirilenko. “It’s a bad day and you [...]
Daily Mail is confident of media revival February 10, 2010 NEWSPAPER group Daily Mail and General Trust (DMGT) today hinted that the media sector may be finding its feet after a very tough 2009 although it still remains cautious in its outlook. The FTSE 250 group saw revenue fall eight per cent on an underlying basis to £482m in the three months to December as [...]
BACON TOP OF THE CROP OF RICH LIST HEDGIES April 22, 2010 IT’S been rich pickings indeed for the hedge fund community this year, if leaked information from the Sunday Times Rich List’s rundown of the wealthiest hedgies in town is anything to go by. Apart from two individuals whose wealth has stayed the same over the past year (Nat Rothschild at Atticus and Steven Heinz at [...]
Swift entrance for Sky new boy January 4, 2010 CYCLING: Rising star Ben Swift has been unveiled as the new rider for Team Sky in the 2010 season. Swift, 22, who rode for Russian team Katusha last year, was part of the team’s launch yesterday and is in the squad for the Tour Down Under this month. “It feels like coming home because I [...]
The City is back but under new management December 21, 2010 BRITAIN’S financial landscape has been transformed since we last shone a light on the City’s most powerful figures two years ago. The City A.M./CityJet Power Hundred 2011 list ranks the most influential figures in UK finance as we head into the new year. It should be no surprise that it is very different from 2009. [...]
The City is back but under new management December 21, 2010 BRITAIN’S financial landscape has been transformed since we last shone a light on the City’s most powerful figures two years ago. The City A.M./CityJet Power Hundred 2011 list ranks the most influential figures in UK finance as we head into the new year. It should be no surprise that it is very different from 2009. [...]
Cole out for season with broken ankle February 11, 2010 CHELSEA defender Ashley Cole is sweating on his place in England’s World Cup squad after being ruled out for three months with a broken ankle. Cole, who suffered the injury during Wednesday’s 2-1 defeat to Everton, is unlikely to play again this season unless Chelsea reach the Champions League final. The left-back will miss England’s [...]