CITY MOVES | WHO’S SWITCHING JOBS March 10, 2010 Reed Smith The law firm has hired advertising law expert Marina Palomba to its partnership. Palomba joins the firm’s advertising group in London from the Institute of Practitioners in Advertising (IPA), where she has been legal director for eight years, advising all the main agencies in the UK including M&C Saatchi, Abbott Mead Vickers and [...]
CITY MOVES | WHO’S SWITCHING JOBS March 9, 2010 RBC Wealth Management Jonathan Gold is joining the wealth management firm, part of the Royal Bank of Canada, as a director in its London-based UK onshore business. Gold was previously a vice president at Alliance Bernstein Global Wealth Management. He specialises in tax-efficient investment planning, philanthropy, cross-border issues and charities. BoA Merrill Lynch The bank [...]
Shell and PetroChina launch £2bn takeover bid for Arrow March 8, 2010 ROYAL Dutch Shell and PetroChina may have to up their bid if they are to secure their takeover of Australian energy company Arrow Energy. Analysts said the joint venture bid valued at A$3bn (£1.8bn) or A$4.45 per share was below the current trading price of A$5.11 a share. Arrow’s shareholders are also unlikely to sell [...]
THREE OTHER RESTAURANTS WITH KNOCK-OUT VIEWS March 8, 2010 RHODES 24 Gary Rhodes’ Michelin-starred establishment sits on the 24th floor of the City’s highest building, so – unless the windows were blacked out – it would be hard to find better views at any restaurant in London. Ogle the rooftops and the shiny sides of skyscrapers while you sup on well-executed British haute-cuisine. Tower [...]
FTSE rises as commodities and financials set the pace March 3, 2010 BRITAIN’S leading shares gained 0.9 per cent yesterday, boosted by strength in miners and oils, banks and life insurers, as upbeat US data lifted Wall Street. At the close, the FTSE 100 was 49.15 points higher at 5,533.21, ending at a seven-week peak on its fourth straight session of gains. “All the figures were pretty [...]
The comeback cad trying his luck in the Med March 2, 2010 JAMES Hewitt – former lover of Princess Diana, ex-solider, comeback cad – throws his head back and laughs at what I have just said. “Yes, I suppose this is like Rick’s in Casablanca,” he says when he recovers. “And everyone comes to Rick’s.” We are having dinner in a corner of Polo House, his bar [...]
Plug & play March 2, 2010 THE FACTS: TESLA ELECTRIC CAR PRICE: £86,950 RANGE: 236 miles 0-60MPH: 3.9 secs TOP SPEED: 125 mph CO2 G/KM: 0 THE demise of the combustion engine is not something I long for, yet burning through loads of cash on planet-warming fossil fuels is becoming as popular as smoking. The idea that the future of motoring [...]
London rises as miners and energy companies set pace March 1, 2010 LONDON’S top share index rose one per cent yesterday as big gains from miners and energy stocks, boosted by firmer commodity prices, outpaced faltering banks following disappointing results from HSBC. The FTSE 100 closed 51.42 points higher at 5,405.94 points, having hit a five-week high earlier in the session of 5,420.83. The index has rebounded [...]
Luxury comes to Abu Dhabi’s glorious desert February 28, 2010 THE Liwa Desert is in the area known as the Empty Quarter, and is the largest uninterrupted stretch of desert in the world. This vast area, which extends into the United Arab Emirates, Oman, Saudi Arabia and Yemen, was made famous through the adventures of the late British explorer Sir Wilfred Thesiger who wrote about [...]
London’s top shares tumble as oil and mining companies slip February 25, 2010 BRITAIN’S leading shares fell 1.2 per cent yesterday, sliding back in the afternoon in tandem with New York stocks, with miners and oils the main drag as commodity prices fell back pressured by a firmer US dollar. By the close, the FTSE 100 index was 64.69 points lower at 5,278.23, reversing again after Wednesday’s 0.5 [...]