FOOD & BOOZE NEWS July 26, 2010 KARAOKE IN KENSAL RISE Karaoke mania continues apace with the August opening of a private room at west London’s quirkiest gastropub, Paradise By Way of Kensal Green. Expect a library of 7,500 classic songs, with 50 of the latest chart hits added each month as well as themed playlists available alongside music-themed food and drink [...]
Claridge’s owner in talks with Deutsche Bank to refinance £610m of borrowings June 14, 2010 THE owner of some of London’s most luxurious hotels is in talks to refinance £610m of debt, it was confirmed yesterday. Maybourne Hotel Group, owner of the Claridge’s, Connaught and Berkeley hotels in London, is in talks with Deutsche Bank about a refinancing that needs to take place by the end of the year. The [...]
I’ll give Murray a scare, says Nieminen June 23, 2010 JARKKO NIEMINEN plans to spoil Andy Murray’s date with royalty and prove a Wimbledon party pooper. The Finn takes on the British No1 in front of the Queen this afternoon when they walk out on Centre Court for their second round match-up at the All England Club. Nieminen is no stranger to keeping the partisan [...]
Sir Stelios to meet easyJet in High Court June 13, 2010 EASYJET founder Sir Stelios Haji-Ioannou will come face to face with the budget airline today in front of a High Court judge over an ongoing branding dispute. Haji-Ioannou, who is expected to give evidence either tomorrow or Wednesday, is taking on the airline he set up more than 15 years ago over a branding licence [...]
AstraZeneca settles patent dispute over Crohn’s drug May 18, 2010 ASTRAZENECA has settled a US patent dispute with Teva Pharmaceuticals by allowing the company to sell a generic version of Astra’s Entocort EC drug for Crohn’s disease from 2012. Teva has received a licence to enter the US market with its generic version of the capsules, which contain the active ingredient budesonide, from 15 February [...]
Stelios offers £3m peace deal May 23, 2010 EASYJET founder Sir Stelios Haji-Ioannou has offered to drop his branding case against the budget airline if it agrees to pay him £3m a year in royalties, it has emerged. It is understood that Haji-Ioannou made the proposal, which would equate to 0.1 per cent of easyJet’s annual revenue, to the airline’s board last month. [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 7, 2010 FINANCIAL TIMES ENERGY-FOCUSED HEDGE FUNDS FEEL HEAT OF MARKET VOLATILITY Hedge funds focused on energy markets have suffered a rocky start to the year, hit by volatile commodity prices and the Gulf of Mexico oil spill disaster. Many funds have been left nursing double-digit percentage losses over the first six months of the year. The [...]
Spreading success, little by little July 11, 2010 WILSON Moleni is on his first trip to the UK. And what a first visit it is: he is dining with royalty, meeting dignitaries and briefing journalists. Not bad for a man who grew up among Malawi’s poorest, and who (most of the time) had just enough food to continue to go to school. Moleni, [...]
Glenmark settles patent row April 12, 2010 Glenmark Pharmaceuticals yesterday said its unit settled a legal row with riva GlaxoSmithKline over patent actions on doses of atovaquone and proguanil hydrochloride, the generic version of GSK’s Malarone malaria treatment tablets. Under terms of the settlement, Glenmark Generics would be able to market and distribute the generic version of Malarone tablets under a royalty-bearing [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 13, 2010 THE SUNDAYS The Sunday Telegraph $2.6M BUFFETT LUNCH WON BY ANONYMOUS BIDDER A mystery benefactor has paid $2.6m (£1.8m) to meet with billionaire investor Warren Buffett for a business lunch. The Sage of Omaha auctioned his time in aid of a San Francisco charity. This year’s auction brought in 25 per cent more than any [...]