Jail-sentenced billionaire Mehmet Karamehmet is being sued for almost $10m (£6.6m) in the High Court over loans issued to Maltese shipping company Blue Shipping.
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Saturday 01 May 2010
It's not really possible to imagine what they felt, the thousands of people who unwittingly arrived at music festivals proffering fake tickets. They had bought them from plausible-looking websites, handed over card details, paid hundreds of pounds and then... nothing.
Wednesday 28 April 2010
The Financial Services Authority has slapped Commerzbank with a £595,000 fine, making it the fifth City firm to be censured in eight months for failing to accurately report trading data.
Friday 02 April 2010
Oil is set to rise above $90 a barrel this year as the global economic recovery drives demand, it was reported today.
Thursday 04 February 2010
A life-size bronze sculpture by Alberto Giacometti has been sold at auction for the world record price of £65,001,250.
Friday 16 October 2009
Friday 09 October 2009
Helphire Group specialises in providing assistance to those involved in road accidents, mainly through renting vehicles to motorists whose cars are being repaired. Its shares were given a helping hand of their own yesterday amid speculation the company was set for a takeover approach by an unnamed suitor. The shares didn't rise to the 80p gossips had assigned to the bid, but still closed up a healthy 8.6 per cent at 60p. The rise also marks a recovery following Helphire's news of a swing to a full-year £149m loss last week.
Wednesday 30 September 2009
Monday 21 September 2009
Paul Reichmann, the founder of London's Canary Wharf, has lost his last shares in the financial district, drawing to a close his 22 year association with the Dockland's location.
Saturday 19 September 2009
Friday 28 August 2009
Tuesday 11 August 2009
Hamish McRae: The politicians are starting to feel the heat – and it's only going to get hotter
Sunday 24 May 2009
Wednesday 22 April 2009
Thursday 16 April 2009
John Duffield, the veteran investor, has staged a comeback by launching a third investment group, Hyde Park Asset Management, following the recent near-collapse of his previous venture.
Thursday 05 March 2009
Bayern Munich chairman Karl-Heinz Rummenigge remains adamant that France winger Franck Ribery will not be leaving the German champions in the near future.
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