What the other papers say this morning September 11, 2012 FINANCIAL TIMES Kremlin shields Gazprom from EU The Kremlin has moved to shield Gazprom from an EU anti-monopoly investigation in a deepening standoff over gas prices, warning that it will not co-operate with actions deemed to be against its interests. A decree signed yesterday day by Vladimir Putin aims to protect “strategic” companies operating abroad, [...]
What the other papers say this morning September 11, 2012 FINANCIAL TIMES Kremlin shields Gazprom from EU The Kremlin has moved to shield Gazprom from an EU anti-monopoly investigation in a deepening standoff over gas prices, warning that it will not co-operate with actions deemed to be against its interests. A decree signed yesterday day by Vladimir Putin aims to protect “strategic” companies operating abroad, [...]
Bill Clinton’s affordable housing ideology caused sub-prime crisis November 11, 2012 MANHATTAN’S US Attorney is wrongly suing Bank of America for mortgage fraud against Fannie Mae and Freddie Mac, the American mortgage giants. The complaint asserts that Bank of America, and its predecessor Countrywide, implemented a loan origination process called “Hustle” – designed to process loans at high speed and without quality check points. Strangely, Fannie [...]
McDonald’s to create 2,500 UK jobs January 24, 2012 McDonald’s will create 2,500 new jobs across the UK this year, it has said. The fast-food firm said that almost a third of the new jobs would be given to workers under the age of 25. McDonald’s said the new jobs followed the creation of 13,500 jobs over the past three years.
LK Bennett hires former Emilio Pucci boss as its chief executive September 10, 2012 LK BENNETT, the upmarket clothing and footwear chain, said yesterday it has hired the former boss of Italian luxury fashion brand Emilio Pucci to be its new chief executive. Didier Drouet, who will take up the post with immediate effect, replaces Robert Bensoussan, the retailer’s executive chairman who has acted as chief executive since Margaret [...]
Ignite the spirit of the Games Makers in our employees September 10, 2012 FAREWELL then, to the undisputed stars of the London 2012 Olympic and Paralympic Games – the Games Makers will be missed. Overnight, London became a friendlier place. Anyone who was helped by them, or who heard the prolonged applause for them at the closing ceremonies, will know they rose to the occasion brilliantly and contributed [...]
McDonald’s wary as cold weather weighs on sales March 8, 2012 MCDONALD’S yesterday reported global February sales that missed Wall Street’s target as analysts underestimated the impact of Europe’s harsh winter and economic upheaval on sales. McDonald’s saw a 7.5 per cent gain in February sales at global restaurants open at least 13 months, below average analyst estimates of 7.7 per cent. Europe, which just edges [...]
Tom Aikens: The comeback kid November 11, 2012 TOM AIKENS is tired, and it shows. It’s 9am on a Friday morning and he’s already clocked up 72 hours during the week, working in his hugely successful eponymous Michelin-starred restaurant in Chelsea. For a chef, those kinds of hours are standard but Aikens has had to work particularly hard this last few years after [...]
US stocks fall further on fears over economy November 8, 2012 US stocks fell yesterday and could be in line for more weakness as worries about Washington’s ability to find a timely solution to the “fiscal cliff” dominate investor thinking in coming weeks. The S&P 500 dropped for a second day and closed below its 200-day moving average for the first time in five months. The [...]
Night hike through the City will be a peek through closed doors September 4, 2012 IF you’ve always wanted a nosey around Boris Johnson’s office, then the eighth annual Maggie’s Night Hike might just be the opportunity you’ve been waiting for. The 20-mile route takes in some of London’s most iconic architecture – including City Hall – and offers walkers exclusive access to some of the Square Mile’s most prestigious [...]