Former Chelsea owner Roman Abramovich to receive apology from Jersey Police over ‘illegal’ searches November 10, 2022 Roman Abramovich will receive an apology over illegal searches conducted by a Jersey police force, it has been revealed. A court order seen by Morning Wire said the force on the Channel Island of Jersey acted illegally when conducting searches at properties reportedly connected to the billionaire in April 2022. The Russian-born Israeli oligarch was [...]
The Connaught Grill review: London’s classiest hotel plays with the formula November 9, 2022 There are lovely five-star London hotels and then there are the ones run by The Maybourne Group. That’s the company behind The Berkeley, Claridge’s and The Connaught, the eagles of the hotel world that fly higher than all the rest. In Mayfair, all the buildings look gorgeous, but propping up the corner of Adam’s Row [...]
M&A Purchasing Power: A US Shopping Spree in Europe? November 9, 2022 | City Talk The US dollar has gained strength over the last few months. And the euro fell below parity with it in July. And the pound… well, let’s not get started. For international organizations with dollar-denominated debts, conditions have become more expensive over the course of this year. Conversely, for US consumers, a stronger dollar will lead [...]
Crumbling cryptocurrency market reflects intra-market volatility November 9, 2022 In a tumultuous market across the board, Bitcoin is down 11% over the last 24 hours, with Ethereum shedding 17.2% off yesterday’s price.
Qatar World Cup could cost Brits £34 more than 2018 summer comp due to rising energy bills November 8, 2022 The winter World Cup in Qatar will cost Brits £34 more than watching the previous one from Summer 2018 in Russia. Rising energy bills and increased prices of a a pint, means it’s likely England fans will watch the tournament at home, increasing the use of energy and electricity. New figures from Saxo claims that [...]
BrewDog signed beer distribution deal in Qatar despite ‘anti-sponsorship’ campaign November 8, 2022 BrewDog has signed a deal with an alcohol distributor operating in Qatar, despite launching an ‘anti-sponsorship’ campaign this week protesting human rights in the country ahead of the World Cup. The firm’s beers are distributed in the country by the Qatar Distribution Company – a state-owned subdsidiary of Qatar Airways – which is the only [...]
Bitcoin and Ethereum dip below key price levels November 8, 2022 Bitcoin is down by more than 4%, trading below $20,000 at $19,728, while Ethereum is trading below $1,500 for the first time this month.
Brewdog’s Qatar ad backlash should be a lesson for other brands November 8, 2022 The backlash to Brewdog’s ‘anti-World Cup’ campaign is a lesson for other brands It was inevitable that a football World Cup in Qatar would eventually drag the business world into the sporting world. Sponsors of the four-yearly jamboree are being forced to confront awkward questions – and others are taking the opportunity to make hay. [...]
This Week’s Financial Markets November 7, 2022 | City Talk Looking back to last week, we had a busy week on the calendar. Kicking off the Central Banks was the RBA on Tuesday morning who hiked rates for the 7th consecutive meeting, by 25bps, but sparked some speculation that they could in fact end their hiking cycle earlier than expected. However, with the YoY Trimmed [...]
Château Capitoul in the Languedoc region is gorgeous in cooler months November 7, 2022 THE WEEKEND: The cooler months are the finest time to arrive in the Languedoc region of southern France. Across a cloudless sky, white storks make their long way south to soak up the sun in Kenya’s savannah lands. Below them, the grape harvest is underway, taking place in vineyards said to be the oldest in [...]