Review by Penny Nair Price World Wars One and two are acknowledged regularly in books, films, television dramas and of course on Remembrance Sunday each year. Stories abound in the daily press regarding different characters who have featured in these momentous wars and pubs are named after them, or ceremonies performed. Museums harbor collections…
Global equity markets and oil prices fell sharply yesterday as the fast-spreading coronavirus hit sectors from travel to manufacturing amid warnings that the disease would hit China’s economic growth. In the US the S&P 500 index was down 1.4 per cent in the afternoon trading and UK’s FTSE 100 and European composite Stoxx 600 both…
There is a scandal in the Wealth Management division of Deutsche Bank which paid £1.1m to secure the wealth management business of a senior Saudi Royal financial adviser, whose wife was paid according to an internal probe that led to two former employees being reported to criminal prosecutors. The money transfers were arranged in 2011…
Nuno Ribeiro da Cunha, a Portuguese banker named by Angolan prosecutors as a suspect in a multi-billion-dollar embezzlement probe involving Isabel dos Santos, Africa’s richest woman, has been found dead in Lisbon, has been found dead in Lisbon in the garage of his house on Wednesday night. Ribeiro da Cunham was one of four Portuguese…
Sir David and Sir Frederick Barclay are selling the Ritz hotel for £750m to Sidra Capital a wealthy Saudi Arabian family investment business. The hotel in Piccadilly, built by Cesar Ritz in 1906, has been popular with stars since the age of Charlie Chaplin and Ballerina Anna Pavlova, is one of London’s most coveted property…
A couple of months ago, the heads from 18 small British telecoms companies met at a London bank to discuss investment, strategy, and mergers. In the meeting, they were asked if they thought the Chinese could eavesdrop through back doors in Huawei equipment all 18 hands went up. One of the bankers then asked, if…
The Queen and Buckingham Palace has issued statements following talks between Senior members of the Royal Family to discuss new roles for the Duke and Duchess of Sussex. Queen’s statement in full: “Following many months of conversations and more recent discussions, I am pleased that together we have found a constructive and supportive way forward…
More than 5.9 million hectares (14.7m acres) are affected in the forest fires in Australia and the Queen has sent a message of sympathy and support to the country as at least 24 people have died and more than 1,300 houses have been destroyed. Other countries assisting in fighting the fires includes the US,…
Korean manufacturers, Hyundai and Kia have invested €100m into electric-vehicle start-up Arrival with a €3bn price tag in one of the largest investments in Britain’s motor industry since the Brexit vote to leave the EU in 2016. “This will lead to significant collaboration this is far more than just an investment” Avinash Rugoobur, Arrival’s chief…
Six people have been killed and 16 injured after an enormous sinkhole swallowed a bus and several pedestrians in Central China outside a hospital in Xining, the capital of Qinghai province on Monday evening.