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Results for news from the Financial Times with keyword RECORD NUMBER RICH RUSSIANS HEAD UK
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uk Equities
Stagecoach shares head north after franchise win
Rail stocks track West Coast Mainline franchise award while energy shares hold back FTSE 100
... ocks, remain on the sidelines,” said Mike McCudden, Head of Derivatives at Interactive Investor. ... ... ocks, remain on the sidelines,” said Mike McCudden, Head of Derivatives at Interactive Investor. ... ... ocks, remain on the sidelines,” said Mike McCudden, Head of Derivatives at Interactive Investor. ... ... ocks, remain on the sidelines,” said Mike McCudden, Head of Derivatives at Interactive Investor. ... ... ays as investors, wary of the potential for shocks, remain on the sidelines,” said Mike McCudden, head of Derivatives at Interactive Investor. ... ... n the sidelines,” said Mike McCudden, Head of Derivatives at Interactive Investor. ...
Thu, 27 Nov 2014 10:32:01 GMT

Politics Amp Policy
Net uk migration surges 43 per cent
Bulgarians and Romanians drive total to 260,000
... onal Statistics showed total immigration for work of 247,000 in the year to June, the highest since records began. Theresa May, home secretary, admitted at the weekend that the Conservatives’ pre-el ... ... ber, following a release of temporary labour controls on these two countries on January 1 this year. ... ... ber, following a release of temporary labour controls on these two countries on January 1 this year. ... ... ber, following a release of temporary labour controls on these two countries on January 1 this year. ... ... ber, following a release of temporary labour controls on these two countries on January 1 this year. ... ... of temporary labour controls on these two countries on January 1 this year. ...
Thu, 27 Nov 2014 10:01:29 GMT

Politics Amp Policy
Publish drones rules, says ex-uk spy chief
Hammond urged to lift lid on links to lethal US attacks
... igence issues. Our intelligence agencies operate under the law and in accordance with our values.” ... ... igence issues. Our intelligence agencies operate under the law and in accordance with our values.” ... ... igence issues. Our intelligence agencies operate under the law and in accordance with our values.” ... ... igence issues. Our intelligence agencies operate under the law and in accordance with our values.” ... ... was also signed by Tom Watson, the Labour MP; David Davis, the Conservative MP; Michael Clarke, the head of the Royal United Services Institute think-tank: and Lady Stern, a prison reformer who is int ... ... y be illegal. A paper written by Jemima Stratford QC and Tim Johnston, a barrister, said: “If the uk government knows that it is transferring data that may be used for drone strikes against non-comb ...
Wed, 26 Nov 2014 22:00:08 GMT

Capital Markets
ukraine’s solvency under renewed threat
Government borrowing costs hit record high
... official GDP figures are due to be published in March. Meanwhile, the hryvnia remains close to its record low against the dollar, international reserves are down to their lowest level in almost a dec ... ... have feared. He has boasted that budget revenues have increased 5 per cent in spite of the crisis. ... ... have feared. He has boasted that budget revenues have increased 5 per cent in spite of the crisis. ... ... have feared. He has boasted that budget revenues have increased 5 per cent in spite of the crisis. ... ... s that market movements can be linked to movement on the ground.” However, Alexander Valchyshen, head of research at Kiev-based investment bank Investment Capital Ukraine, described market expectat ... ... ho is expected to return as prime minister in a new government, has tried to put a positive spin on ukraine’s economic predicament by stressing that the economy is unlikely to contract 10 per cent, ...
Wed, 26 Nov 2014 19:36:21 GMT

Financials
Ramaphosa to divest stake in Shanduka
South Africa’s deputy president exits to avoid conflict of interests
... ing business interests, all in unregulated sectors, would be being placed in an independent trust. ... ... ing business interests, all in unregulated sectors, would be being placed in an independent trust. ... ... through vendor financing, people familiar with the deal said. Mr Ramaphosa, one of South Africa’s richest black businessmen, held a 30 per cent stake in the company. In a statement, Shanduka said i ... ... ing business interests, all in unregulated sectors, would be being placed in an independent trust. ... ... ing business interests, all in unregulated sectors, would be being placed in an independent trust. ... ... Pembani and “other interested parties” were ongoing. A person familiar with the deal said Shanduka still needed a prominent black business executive to lead it. “It’s still a substantial comp ...
Wed, 26 Nov 2014 16:25:24 GMT

Politics Amp Policy
uk urges Fifa to publish World Cup report
Culture secretary says full disclosure can prevent further damage to football and ruling body
... ication, although the FA says it has no intention of boycotting the tournaments in Russia and Qatar. ... ... ication, although the FA says it has no intention of boycotting the tournaments in Russia and Qatar. ... ... ication, although the FA says it has no intention of boycotting the tournaments in Russia and Qatar. ... ... ication, although the FA says it has no intention of boycotting the tournaments in Russia and Qatar. ... ... ication, although the FA says it has no intention of boycotting the tournaments in Russia and Qatar. ... ... ication, although the FA says it has no intention of boycotting the tournaments in Russia and Qatar. ...
Wed, 26 Nov 2014 14:43:37 GMT

uk Economy
Fall in investment overshadows uk growth
Economy expanded 0.7% in the third quarter
... be some optimism for retailers and customers alike as we enter the crucial run-up to Christmas”. ... ... be some optimism for retailers and customers alike as we enter the crucial run-up to Christmas”. ... ... be some optimism for retailers and customers alike as we enter the crucial run-up to Christmas”. ... ... be some optimism for retailers and customers alike as we enter the crucial run-up to Christmas”. ... ... be some optimism for retailers and customers alike as we enter the crucial run-up to Christmas”. ... ... f economist at the British Chambers of Commerce, said that while the overall figures “confirm the uk’s recovery remains on track”, exporters face ”serious challenges” and called on chancello ...
Wed, 26 Nov 2014 12:32:11 GMT

Opinion
How to tackle the uk immigration problem
Our aim must be to return freedom of movement to its original intention: a right to work, writes Nick Clegg
... en economy too. The writer is the UK deputy prime minister and leader of the Liberal Democrat party ... ... st first live in an area for at least two years. The UK is not friendless in this debate. A growing number of our allies are pointing in the same direction. The Germans do not pay out-of-work benefits ... ... en economy too. The writer is the UK deputy prime minister and leader of the Liberal Democrat party ... ... en economy too. The writer is the UK deputy prime minister and leader of the Liberal Democrat party ... ... en economy too. The writer is the UK deputy prime minister and leader of the Liberal Democrat party ... ... address people’s legitimate concerns, while safeguarding our open economy too. The writer is the uk deputy prime minister and leader of the Liberal Democrat party ...
Tue, 25 Nov 2014 22:00:16 GMT

Business
Growth in uk ‘sharing economy’ envisaged
Growth of online market for access rather than ownership raises concern about pay and protection
... from embracing the potential sharing offers for a new, more efficient and more flexible economy.” ... ... from embracing the potential sharing offers for a new, more efficient and more flexible economy.” ... ... from embracing the potential sharing offers for a new, more efficient and more flexible economy.” ... ... from embracing the potential sharing offers for a new, more efficient and more flexible economy.” ... ... from embracing the potential sharing offers for a new, more efficient and more flexible economy.” ... ... ketplaces in the uk will be worth about £9bn by 2025 and $335bn worldwide. About a quarter of all uk adults already use such marketplaces, according to the report. They include JustPark, a start-up ...
Tue, 25 Nov 2014 19:18:09 GMT

uk Economy
Data reveal ‘slack’ in uk workforce
Some 10% of workers feel ‘underemployed’, while the same amount would like to work less
... hold down wage growth. Last year, average weekly wages rose just £1 or 0.1 per cent, the lowest on record. However, not all economists agree about what the data mean. Some think high underemployment ... ... ot mean there is a dearth of work in the UK. In fact, Britons are on average working about the same number of hours each week as they were in 2006. But their desire to work even more hours for the sa ... ... people say the opposite: they wish they could work shorter hours for less pay. The figures draw a richer picture of what is happening inside the UK’s labour market and the untapped “slack” in ... ... d like to work longer. But once their partners find new jobs, they may lose interest in doing so.” ... ... d like to work longer. But once their partners find new jobs, they may lose interest in doing so.” ... ... is still more underemployment than before the crash does not mean there is a dearth of work in the uk. In fact, Britons are on average working about the same number of hours each week as they were in ...
Tue, 25 Nov 2014 16:29:36 GMT

Politics Amp Policy
uk backs down on pension reporting rules
Part of reform on cashing in defined contribution savings deemed unworkable by experts
... edoms is right and sensible. We are pleased that the government listened to the concerns raised.” ... ... edoms is right and sensible. We are pleased that the government listened to the concerns raised.” ... ... edoms is right and sensible. We are pleased that the government listened to the concerns raised.” ... ... edoms is right and sensible. We are pleased that the government listened to the concerns raised.” ... ... edoms is right and sensible. We are pleased that the government listened to the concerns raised.” ... ... subsequently contribute to, that they are subject to the £10,000 annual allowance,” said David Gauke, financial secretary to the Treasury. “These amendments also change the length of time that in ...
Tue, 25 Nov 2014 13:12:03 GMT

Property
Zoopla sales rise ahead of rival’s launch
OnTheMarket expected to start operating in January
... lay,” said Jefferies analyst Anthony Codling. “It has acknowledged its customers’ concerns.” ... ... ther new portal, Agents Mutual, in January may have some short-term impact on our agency membership numbers but we have seen numerous launches into our market before and taken effective action to comp ... ... lay,” said Jefferies analyst Anthony Codling. “It has acknowledged its customers’ concerns.” ... ... lay,” said Jefferies analyst Anthony Codling. “It has acknowledged its customers’ concerns.” ... ... lay,” said Jefferies analyst Anthony Codling. “It has acknowledged its customers’ concerns.” ... ... is listening closely to its customers and working collaboratively with them to demonstrate that the uk portal market does not require a third, let alone a fourth, official to ensure fair play,” said ...
Tue, 25 Nov 2014 08:52:24 GMT

uk
uk on right course for America’s Cup funding
Ben Ainslie, most successful Olympic sailor, determined to make £80m British bid a success
... t and the ones in the middle will bump along the runway.” Additional reporting by Simon Greaves ... ... t and the ones in the middle will bump along the runway.” Additional reporting by Simon Greaves ... ... t and the ones in the middle will bump along the runway.” Additional reporting by Simon Greaves ... ... t and the ones in the middle will bump along the runway.” Additional reporting by Simon Greaves ... ... t and the ones in the middle will bump along the runway.” Additional reporting by Simon Greaves ... ... t and the ones in the middle will bump along the runway.” Additional reporting by Simon Greaves ...
Tue, 25 Nov 2014 07:00:07 GMT

uk Equities
S&N hits record high on bid hopes
FTSE 100 falls as Petrofac leads the way down
... odds have shortened on orthopaedics maker Smith & Nephew losing its independence. S&N hit a record high on Monday, up 4.4 per cent £11.38, awaiting Friday’s expiry of a Takeover Panel bar o ... ... etween £500m and £750m of capital to shareholders once it sells asset manager Russell Investments. ... ... etween £500m and £750m of capital to shareholders once it sells asset manager Russell Investments. ... ... etween £500m and £750m of capital to shareholders once it sells asset manager Russell Investments. ... ... etween £500m and £750m of capital to shareholders once it sells asset manager Russell Investments. ... ... roup lost 9.7 per cent to 108.2p on a report that it has been beaten by Eurostar and Keolis for the uk’s East Coast mainline rail franchise. FirstGroup had been considered the frontrunner for the co ...
Mon, 24 Nov 2014 19:21:29 GMT

Capital Markets
EU bond yields smash records on QE hopes
Likelihood of sovereign debt buying remains questionable
... . Germany’s 10-year Bund yield, which moves inversely to prices, fell to 0.77 per cent – not a record low but not far off. Cautious comments on Monday by Jens Weidmann, Germany’s central bank ... ... them. We have already seen signs of this. Just look at investment grade and high yield credit.” ... ... them. We have already seen signs of this. Just look at investment grade and high yield credit.” ... ... them. We have already seen signs of this. Just look at investment grade and high yield credit.” ... ... them. We have already seen signs of this. Just look at investment grade and high yield credit.” ... ... them. We have already seen signs of this. Just look at investment grade and high yield credit.” ...
Mon, 24 Nov 2014 18:43:59 GMT

FT View
uk home secretary and the Isis challenge
The Conservative minister is right to opt for new anti-terror laws
... r groups. In Britain, the job of home secretary is often seen as a political graveyard. Ms May’s record is not unblemished. The net migration target she championed has become a political embarrassm ... ... aps greater than it ever has been”. To confront this problem, Ms May used her speech to unveil a number of counter-terrorism laws. She has acknowledged the political constraints upon her. Edward Sn ... ... er-terrorism agenda, mixing a touch of steel with an honest assessment of the politically possible. ... ... er-terrorism agenda, mixing a touch of steel with an honest assessment of the politically possible. ... ... er-terrorism agenda, mixing a touch of steel with an honest assessment of the politically possible. ... ... ostages. But unless France, Germany and other states match the tough approach adopted by the US and uk, it will do little to stop the trade in captives by Isis and other groups. In Britain, the job o ...
Mon, 24 Nov 2014 18:38:49 GMT

Politics Amp Policy
May admits uk immigration cuts ‘unlikely’
Net migration jumped to 243,000 in the year to March, a rise of 68,000
... the country feel that Labour not only disagrees with them, they think we disapprove of them too.” ... ... meron is exploring ways to make it harder for EU migrants to claim UK benefits or even restrict the number entering the country, a policy that would run up against the EU’s principles of free moveme ... ... the country feel that Labour not only disagrees with them, they think we disapprove of them too.” ... ... the country feel that Labour not only disagrees with them, they think we disapprove of them too.” ... ... the country feel that Labour not only disagrees with them, they think we disapprove of them too.” ... ... the rise of the uk Independence party, which won last week’s by-election in Rochester and Strood. ukip has prospered, in part, thanks to its hard line on immigration. Recriminations continued at th ...
Sun, 23 Nov 2014 22:19:57 GMT

uk
Appeals at uk tax court leap by a third
Rise a sign of HMRC’s aggressive litigation strategy, lawyers say
... y pushed up the total number of cases waiting to be heard by the upper and first tier tribunal to a record high of 27,246 in April. Lawyers seized on the figures to argue HMRC should be prepared to n ... ... al or higher courts.” Bill Dodwell of Deloitte, the professional services group, said the biggest number of open cases at the first tier tribunal related to VAT claims, which have been put on hold a ... ... an issue for HMRC as it is for a taxpayer that has already had to pay the tax that is in dispute.” ... ... an issue for HMRC as it is for a taxpayer that has already had to pay the tax that is in dispute.” ... ... an issue for HMRC as it is for a taxpayer that has already had to pay the tax that is in dispute.” ... ... an issue for HMRC as it is for a taxpayer that has already had to pay the tax that is in dispute.” ...
Sun, 23 Nov 2014 18:12:17 GMT

Construction
Brazil police probe uk property developer
Criminal investigation for alleged fraud involving funds raised for social housing scheme
... to participate in a landmark Brazilian government social housing scheme does not appear on official records of the programme – and is now the subject of a criminal probe. EcoHouse Group, which Brazi ... ... builders to deliver about 1.7m units of subsidised housing and is planning to more than double this number in the coming years. But in late October, Brazil’s federal police and tax authorities annou ... ... t money dealers],” the Receita Federal said. Mr Armstrong Emery could not be reached for comment. ... ... t money dealers],” the Receita Federal said. Mr Armstrong Emery could not be reached for comment. ... ... t money dealers],” the Receita Federal said. Mr Armstrong Emery could not be reached for comment. ... ... lice are investigating for alleged fraud and other offences over funds raised from investors in the uk, Singapore and elsewhere, has claimed it was building projects for Brazil’s Minha Casa Minha Vi ...
Sun, 23 Nov 2014 18:05:19 GMT

Comment
We risk turning uk into new eurozone
We must make sure that reform is coherent and we understand its consequences, says Alistair Darling
... writer is a former chancellor of the exchequer and leader of the pro-union Better Together campaign ... ... writer is a former chancellor of the exchequer and leader of the pro-union Better Together campaign ... ... writer is a former chancellor of the exchequer and leader of the pro-union Better Together campaign ... ... writer is a former chancellor of the exchequer and leader of the pro-union Better Together campaign ... ... writer is a former chancellor of the exchequer and leader of the pro-union Better Together campaign ... ... do so. It seems that the entire principle of pooling and sharing risks, one of the strengths of the uk and all successful monetary unions, is being undermined. I support the plans my party, Labour, pu ...
Sun, 23 Nov 2014 16:15:56 GMT

Banks
Intesa considers bid for uk’s Coutts
Italian bank plans European acquisitions to deploy €16bn of excess capital
... e ignoring regulation risk.” The bank’s shares have risen by more than a third in the past year. ... ... e ignoring regulation risk.” The bank’s shares have risen by more than a third in the past year. ... ... e ignoring regulation risk.” The bank’s shares have risen by more than a third in the past year. ... ... e ignoring regulation risk.” The bank’s shares have risen by more than a third in the past year. ... ... e ignoring regulation risk.” The bank’s shares have risen by more than a third in the past year. ... ... ogressing but ruled out a sale of the uk franchise. “We are absolutely committed to Coutts in the uk,” the bank said. An information memorandum for the overseas business was distributed to potenti ...
Sun, 23 Nov 2014 15:47:35 GMT

Politics Amp Policy
Chancellor pressed to aid uk oil and gas
Industry lobby says cost increases and price fall threaten to collapse development
... lcolm Webb, chief executive of the industry’s leading lobby group, comes in spite of two years of record investment in UK waters. This year the UK’s continental shelf is expected to attract £13bn ... ... ollapse of the sector. The head of industry body Oil & Gas UK has warned the chancellor and his number two at the Treasury, Liberal Democrat minister Danny Alexander, that without tax cuts and the ... ... plementary charge rate would appear to be too high for the maturity of the basin,” Mr Leith says. ... ... plementary charge rate would appear to be too high for the maturity of the basin,” Mr Leith says. ... ... of tax reforms to encourage more investment in the North Sea or risk a collapse of the sector. The head of industry body Oil & Gas UK has warned the chancellor and his number two at the Treasury, ... ... tter Oil & Gas uk sent to the chancellor said: “Far from gaining additional receipts from the uk continental shelf, tax revenues have fallen by two-thirds and the OBR predicted a further decline ...
Sun, 23 Nov 2014 14:22:15 GMT

Europe
ukraine slides into new financial crisis
Calls for international bailout as Russian pressure and plunging currency create a toxic mix for Kiev
... tential financial meltdown in Ukraine on other countries, and on global sentiment,” Ms Bilan said. ... ... tential financial meltdown in Ukraine on other countries, and on global sentiment,” Ms Bilan said. ... ... tential financial meltdown in Ukraine on other countries, and on global sentiment,” Ms Bilan said. ... ... tential financial meltdown in Ukraine on other countries, and on global sentiment,” Ms Bilan said. ... ... tential financial meltdown in Ukraine on other countries, and on global sentiment,” Ms Bilan said. ... ... with the potential negative consequences and spillover effects of a potential financial meltdown in ukraine on other countries, and on global sentiment,” Ms Bilan said. ...
Sun, 23 Nov 2014 14:16:37 GMT

Food Amp Beverage
Yoga and beer at uk’s first community pub
Cautioned urged as residents mobilise to block property developer and save their local
... there is actually a community that wants to save the pub, and not just a small group of regulars.” ... ... there is actually a community that wants to save the pub, and not just a small group of regulars.” ... ... there is actually a community that wants to save the pub, and not just a small group of regulars.” ... ... there is actually a community that wants to save the pub, and not just a small group of regulars.” ... ... ldren’s dance in the afternoon, and 371 local residents own a slice of it – the Ivy House in Nunhead, south London, is not the average British pub. When Enterprise Inns sold the pub to a property ... ... there is actually a community that wants to save the pub, and not just a small group of regulars.” ...
Fri, 21 Nov 2014 20:31:17 GMT

Europe
Biden balks at heavy weapons for ukraine
Russian military build-up in separatist areas intensifies US demands for arms shipments to Kiev
... Ukrainian territory restarted from the side of the Russian Federation,” Col. Andriy Lysenko said. ... ... Ukrainian territory restarted from the side of the Russian Federation,” Col. Andriy Lysenko said. ... ... Ukrainian territory restarted from the side of the Russian Federation,” Col. Andriy Lysenko said. ... ... saw that no matter how many weapons we provided to Ukraine, they were going to get outgunned by the russians,” the official said. “And you have to calibrate assistance versus your judgment about d ... ... Ukrainian territory restarted from the side of the Russian Federation,” Col. Andriy Lysenko said. ... ... the past day, for the first time since the signing of the Minsk [truce] agreement, the shooting of ukrainian territory restarted from the side of the Russian Federation,” Col. Andriy Lysenko said. ...
Fri, 21 Nov 2014 17:37:43 GMT

Politics Amp Policy
ukip given low marks by Cambridge students
Union debate rejects motion that the populist party has exerted a positive influence on British politics
... uces lots of successful politicians, and it doesn’t look like any of them will be joining Ukip.” ... ... uces lots of successful politicians, and it doesn’t look like any of them will be joining Ukip.” ... ... uces lots of successful politicians, and it doesn’t look like any of them will be joining Ukip.” ... ... uces lots of successful politicians, and it doesn’t look like any of them will be joining Ukip.” ... ... uces lots of successful politicians, and it doesn’t look like any of them will be joining Ukip.” ... ... ion produces lots of successful politicians, and it doesn’t look like any of them will be joining ukip.” ...
Fri, 21 Nov 2014 17:07:01 GMT

Opinion
Smiles and jokes mask danger in uk politics
Behind the grins of Nigel Farage and Boris Johnson lies a Berlusconi-style bluster, writes Bill Emmott
... said, “it means just what I choose it to mean.” The writer is a former editor of The Economist ... ... said, “it means just what I choose it to mean.” The writer is a former editor of The Economist ... ... said, “it means just what I choose it to mean.” The writer is a former editor of The Economist ... ... said, “it means just what I choose it to mean.” The writer is a former editor of The Economist ... ... ut Britain and Europe. In it, he demanded an impressive list of reforms from the EU. Peter Wilding, head of British Influence, a pro-European campaign group, stood up and pointed out seven of the eigh ... ... s have been especially successful. Take the claim, often on Mr Farage’s lips, that 75 per cent of uk laws are made in Brussels. Research by the House of Commons library has shown the true figure is ...
Fri, 21 Nov 2014 15:46:04 GMT

Opinion
What ukip’s win means for 2015
A much larger number of seats will now fall under the party’s radar, writes Matthew Goodwin
... on. The writer is a fellow at Chatham House and associate professor at the University of Nottingham ... ... arties be able to throw “the kitchen sink” at fending off the insurgent agent across the larger number of seats that they are now sure to target. Before Thursday it was already going to be difficu ... ... on. The writer is a fellow at Chatham House and associate professor at the University of Nottingham ... ... on. The writer is a fellow at Chatham House and associate professor at the University of Nottingham ... ... als a broadening of support for Ukip. To underscore the point consider some of the seats that rank ahead of Rochester and Strood, and which might not yet be on Ukip’s top target list. Debates about ... ... foot off the pedal. With a more politically diverse and also younger electorate than is usual for ukip, Mr Reckless was able to simultaneously benefit from the toxicity of the Conservatives among La ...
Fri, 21 Nov 2014 14:16:31 GMT

Politics Amp Policy
ukip’s Rochester win: Social media reaction
Mark Reckless victory deals blow to David Cameron
... ians, journalists, commentators and others. Drag your cursor over the picture to read the tweet. ... ... ians, journalists, commentators and others. Drag your cursor over the picture to read the tweet. ... ... ians, journalists, commentators and others. Drag your cursor over the picture to read the tweet. ... ... ians, journalists, commentators and others. Drag your cursor over the picture to read the tweet. ... ... ians, journalists, commentators and others. Drag your cursor over the picture to read the tweet. ... ... onservative party defector Mark Reckless has won the Rochester & Strood by-election running for ukip dealing a blow to David Cameron and the Tories as the anti EU party gains a second seat in West ...
Fri, 21 Nov 2014 09:20:12 GMT

Politics Amp Policy
Farage: people know ukip not a protest vote
ukip leader says Labour tweet row shows party is anti-English
... ho considered defecting to Ukip on the basis of the Rochester result would be “insane” to do so. ... ... ho considered defecting to Ukip on the basis of the Rochester result would be “insane” to do so. ... ... ho considered defecting to Ukip on the basis of the Rochester result would be “insane” to do so. ... ... ho considered defecting to Ukip on the basis of the Rochester result would be “insane” to do so. ... ... ho considered defecting to Ukip on the basis of the Rochester result would be “insane” to do so. ... ... arty leader. Stewart Jackson, one Tory backbencher, said any colleague who considered defecting to ukip on the basis of the Rochester result would be “insane” to do so. ...
Fri, 21 Nov 2014 08:56:52 GMT

Politics Amp Policy
Main parties to blame for ukip agonies
Rochester election result highlights the culture wars dividing uk
... fancy. A country where the capital city is a dirty word. So much like home, the visitor must think. ... ... fancy. A country where the capital city is a dirty word. So much like home, the visitor must think. ... ... fancy. A country where the capital city is a dirty word. So much like home, the visitor must think. ... ... fancy. A country where the capital city is a dirty word. So much like home, the visitor must think. ... ... gned, ensuring that Mr Cameron’s humiliation in Rochester will only account for half of today’s headlines. Labour scored a derisory vote share in a seat that – under slightly different boundarie ... ... est that can be said in mitigation is that there is no control experiment here: nobody can know how ukip would be doing had Mr Cameron not moved to the right in recent years. Their poll rating might b ...
Fri, 21 Nov 2014 06:54:59 GMT

uk
ukip’s Reckless wins Rochester by-election
Anti-European party takes second seat in Westminster from Conservatives
... economy. Why were we trying to talk about something that we don’t have the ability to deliver?” ... ... economy. Why were we trying to talk about something that we don’t have the ability to deliver?” ... ... economy. Why were we trying to talk about something that we don’t have the ability to deliver?” ... ... economy. Why were we trying to talk about something that we don’t have the ability to deliver?” ... ... ir deposit, as their vote collapsed from 7,800 in 2010 to just 349 votes: Professor Andrew Russell, head of politics at Manchester university, said it was worst by-election result of any governing par ... ... d that the leadership seem powerless to halt their march. “For four years I have warned about the ukip threat and said they must take it more seriously. What this will show is that we can’t put th ...
Fri, 21 Nov 2014 04:54:57 GMT

uk Economy
Fall in number of inactive young Britons
Youth not in work, education or training at lowest level since 2004 but concerns about average levels of pay persist
... verage weekly wages rose just 0.1 per cent in cash terms in the year to April, the lowest growth on record. But employees who had been in their jobs for at least a year enjoyed a 4.1 per cent average ... ... g up in this category,” said Mr Brinkley. “Building on the existing commitments to increase the number and quality of apprenticeships, and improving the school-to-work transition must be a priorit ... ... in 1988, according to a paper by academics Paul Gregg, Steve Machin and Mariña Fernández-Salgado. ... ... in 1988, according to a paper by academics Paul Gregg, Steve Machin and Mariña Fernández-Salgado. ... ... in 1988, according to a paper by academics Paul Gregg, Steve Machin and Mariña Fernández-Salgado. ... ... ent.” The Bank of England pointed out this month that much of the recent employment growth in the uk has been among the young and lower-skilled, which has changed the composition of the labour marke ...
Thu, 20 Nov 2014 16:53:13 GMT

Management
Mission to bring US glitz to uk football
Atlanta-based Mullin helps sports franchises build relationships with fans
... thing like watching sport together. “It’s community.” emma.jacobs@ft.com Twitter: @emmavj ... ... rtainment consultants”. In each sales centre there is a sales scoreboard, on which they tally the number and duration of calls, how many appointments they have made, how many sales. He expects Aspir ... ... thing like watching sport together. “It’s community.” emma.jacobs@ft.com Twitter: @emmavj ... ... thing like watching sport together. “It’s community.” emma.jacobs@ft.com Twitter: @emmavj ... ... thing like watching sport together. “It’s community.” emma.jacobs@ft.com Twitter: @emmavj ... ... means a reply to a targeted email or text, based on customers’ previous ticket purchases. In the uk, he says, people are far more suspicious than their US peers and believe data collection to be an ...
Thu, 20 Nov 2014 14:07:17 GMT

uk Economy
uk retail sales bounce back
Strong performance in non-food sector boosts confidence in recovery
... this US-driven sale and some have bought in lines specifically just to sell on the day,” he said. ... ... ll since the end of 2002. The fall was mainly due to lower petrol prices. The better than expected numbers come as stores enter the crucial pre-Christmas trading period. Research by Barclays suggests ... ... this US-driven sale and some have bought in lines specifically just to sell on the day,” he said. ... ... this US-driven sale and some have bought in lines specifically just to sell on the day,” he said. ... ... promotions on “Black Friday” – the day after Thanksgiving in the US. David McCorquodale, UK head of retail at KPMG, said that despite a slow start, he expected retailers to see “healthy sale ... ... ick start Christmas spending and this year it is expected to be the biggest it has ever been in the uk. Retailers have invested heavily in this US-driven sale and some have bought in lines specificall ...
Thu, 20 Nov 2014 10:44:35 GMT

Europe
uk banker bonus cap appeal suffers blow
European Court of Justice adviser Niilo Jääskinen rejects London’s case for annulling pay curbs
... of the New York Federal Reserve. Additional reporting by Claer Barrett and George Parker in London ... ... of the New York Federal Reserve. Additional reporting by Claer Barrett and George Parker in London ... ... of the New York Federal Reserve. Additional reporting by Claer Barrett and George Parker in London ... ... of the New York Federal Reserve. Additional reporting by Claer Barrett and George Parker in London ... ... of the New York Federal Reserve. Additional reporting by Claer Barrett and George Parker in London ... ... latory partner at Ashurst, the law firm. “The advocate-general’s view may signal the end of the uk’s campaign of organised disobedience against the EU’s rules on pay in banks.” Last month, t ...
Thu, 20 Nov 2014 09:43:47 GMT

Banks
ukraine takes its toll on Raiffeisen Bank
Austrian lender reveals impact of Russian tensions
... millions,” he said. Raiffeisen shares were down 3.4 per cent to €15.46, in early Vienna trading. ... ... millions,” he said. Raiffeisen shares were down 3.4 per cent to €15.46, in early Vienna trading. ... ... millions,” he said. Raiffeisen shares were down 3.4 per cent to €15.46, in early Vienna trading. ... ... millions,” he said. Raiffeisen shares were down 3.4 per cent to €15.46, in early Vienna trading. ... ... millions,” he said. Raiffeisen shares were down 3.4 per cent to €15.46, in early Vienna trading. ... ... ad marred the bank’s results, but he hoped it would bounce back in 2015. “The crisis in eastern ukraine resulted in a strong increase of risk costs and the banking hostile legislation in Hungary l ...
Thu, 20 Nov 2014 09:12:55 GMT

Retail
Mothercare battles to strengthen uk arm
International group’s profits balance revenues hit by warm weather and store closures
... constant currency basis and was planning to open more stores beyond its core in the capital Moscow. ... ... constant currency basis and was planning to open more stores beyond its core in the capital Moscow. ... ... constant currency basis and was planning to open more stores beyond its core in the capital Moscow. ... ... constant currency basis and was planning to open more stores beyond its core in the capital Moscow. ... ... constant currency basis and was planning to open more stores beyond its core in the capital Moscow. ... ... o plans to copy New Look, the fashion retailer that this month said it would pull out of Russia and ukraine because of political uncertainty in the region. Mothercare said it was committed to its busi ...
Thu, 20 Nov 2014 09:08:19 GMT

Politics Amp Policy
uk watchdog attacks civil legal aid cuts
Reforms not seen to be delivering better value for money, and are blamed for costly delays
... t really is: bad value for money and leaving hundreds of thousands without proper legal advice.” ... ... that the cuts would result in more family cases going to mediation and fewer to court. Instead, the number of cases going to mediation fell 56 per cent, or 17,246, in 2013-14 compared with the previou ... ... t really is: bad value for money and leaving hundreds of thousands without proper legal advice.” ... ... t really is: bad value for money and leaving hundreds of thousands without proper legal advice.” ... ... stry “has been slower to think through how and why people access civil legal aid”, Amyas Morse, head of the audit office, said in a statement published with Thursday’s report. “Without this u ... ... 'Cuts to the civil legal aid budget are not delivering better value for money for the taxpayer, the uk’s top spending watchdog has found. The National Audit Office’s review of cuts to civil legal ...
Thu, 20 Nov 2014 00:02:09 GMT

Recruitment
Is the uk destroying its advantage?
Millennial v Boomer series: A look at Britain’s immigration rules
... the author of several books, including ‘Mrs Moneypenny’s Careers Advice for Ambitious Women’ ... ... the author of several books, including ‘Mrs Moneypenny’s Careers Advice for Ambitious Women’ ... ... the author of several books, including ‘Mrs Moneypenny’s Careers Advice for Ambitious Women’ ... ... the author of several books, including ‘Mrs Moneypenny’s Careers Advice for Ambitious Women’ ... ... d red tape is deliberately designed to stop us from participating in the global labour market. As a headhunter, I occasionally run searches where the final candidate needs sponsoring for a visa, and t ... ... n. Until business can work with schools and colleges in a government-backed manner, the odds of the uk’s workforce being trained for the 21st century workplace are remote. Why, for instance, is eve ...
Wed, 19 Nov 2014 23:53:56 GMT

Travel Amp Leisure
uk ministers unlikely to try overturn pub beer-tie vote
Officials say government is unable to push House of Lords to stop amendment
... not a huge difference between the position the House took and the position the government took”. ... ... not a huge difference between the position the House took and the position the government took”. ... ... not a huge difference between the position the House took and the position the government took”. ... ... not a huge difference between the position the House took and the position the government took”. ... ... o coalition partners. Greg Mulholland, the Lib Dem MP who masterminded the rebellion, has been spearheading a campaign for fairer treatment of publicans since the government said in 2011 it would not ... ... tween the position the House took and the position the government took”. ...
Wed, 19 Nov 2014 18:45:32 GMT

Columnists
The truth about uk living standards
Real wages are significantly lower, and younger workers are suffering
... he dawn of better times. If you are young, the night is still very dark indeed. chris.giles@ft.com ... ... he dawn of better times. If you are young, the night is still very dark indeed. chris.giles@ft.com ... ... he dawn of better times. If you are young, the night is still very dark indeed. chris.giles@ft.com ... ... he dawn of better times. If you are young, the night is still very dark indeed. chris.giles@ft.com ... ... he dawn of better times. If you are young, the night is still very dark indeed. chris.giles@ft.com ... ... u are young, the night is still very dark indeed. chris.giles@ft.com ...
Wed, 19 Nov 2014 16:00:52 GMT

Technology
uk ‘fintech’ start-ups on US mission
Groups aim to tap into growing market for mobile and online banking
... tions. “If you want to raise a load of money,” said Mr Kent, “It’s good to be in America.” ... ... tions. “If you want to raise a load of money,” said Mr Kent, “It’s good to be in America.” ... ... tions. “If you want to raise a load of money,” said Mr Kent, “It’s good to be in America.” ... ... tions. “If you want to raise a load of money,” said Mr Kent, “It’s good to be in America.” ... ... tions. “If you want to raise a load of money,” said Mr Kent, “It’s good to be in America.” ... ... he company would be well set to make the jump, benefiting from sturdy foundations in Europe. “The uk is also a great early adopter country and that makes a big difference,” he said. “It’s a ve ...
Wed, 19 Nov 2014 14:39:10 GMT

Politics Amp Policy
Air pollution ruling puts pressure on uk
Breach of pollution rules should be ‘as short as possible’, the European Court of Justice decides
... y, the productivity of Europe’s workforce, and most seriously, the general health of Europeans.” ... ... y, the productivity of Europe’s workforce, and most seriously, the general health of Europeans.” ... ... y, the productivity of Europe’s workforce, and most seriously, the general health of Europeans.” ... ... y, the productivity of Europe’s workforce, and most seriously, the general health of Europeans.” ... ... g to move forward and that’s good,” said Mr Andrews. “But the danger is that if London moves ahead it could make it worse in other cities because non-compliant vehicles could move elsewhere.” ... ... urt of Justice, to get more clarity on the consequences of breaching the EU directive. Although the uk could end up facing fines, that is unlikely to happen soon. Most air pollutants have declined sli ...
Wed, 19 Nov 2014 12:50:08 GMT

Europe
Naftogaz warns of gas cuts to east ukraine
State-run company says it stands to lose almost $1bn over a year if deliveries remain effectively free
... ovinces are Ukraine’s industrial heartland, accounting for nearly 15 per cent of economic output. ... ... ovinces are Ukraine’s industrial heartland, accounting for nearly 15 per cent of economic output. ... ... ovinces are Ukraine’s industrial heartland, accounting for nearly 15 per cent of economic output. ... ... don’t seem to be eager to do it”, he said in an interview in Kiev. Mr Vitrenko added that the russians wanted Naftogaz to keep supplying Donbass to further hobble Kiev’s treasury. He also not ... ... ovinces are Ukraine’s industrial heartland, accounting for nearly 15 per cent of economic output. ... ... is humanitarian, they added that there were also economic considerations. The eastern provinces are ukraine’s industrial heartland, accounting for nearly 15 per cent of economic output. ...
Wed, 19 Nov 2014 11:25:33 GMT

Business
uk outsourcers dominate public sector
Despite government attempts to open market to more competition support companies’ share rose
... tood to be among bidders for secure training centres for children as they are retendered this year. ... ... tood to be among bidders for secure training centres for children as they are retendered this year. ... ... tood to be among bidders for secure training centres for children as they are retendered this year. ... ... tood to be among bidders for secure training centres for children as they are retendered this year. ... ... racts worth a total of £100m a year. This is expected to be one of the last big outsourcing deals ahead of next May’s general election. The expansion comes at a time when a series of botched govern ... ... s players include Maximus, the US work placement company that has stepped up its involvement in the uk, winning work capability assessment contracts for the Department of Work and Pensions as well as ...
Wed, 19 Nov 2014 09:27:27 GMT

Technology
Uber tries to head off privacy criticism
Group faces questions on how employees access individuals’ data
... d a live map, he said: “They call it the ‘God view’ . . . They think they are God.” ... ... d a live map, he said: “They call it the ‘God view’ . . . They think they are God.” ... ... d a live map, he said: “They call it the ‘God view’ . . . They think they are God.” ... ... d a live map, he said: “They call it the ‘God view’ . . . They think they are God.” ... ... y call it the ‘God view’ . . . They think they are God.” ... ... d a live map, he said: “They call it the ‘God view’ . . . They think they are God.” ...
Wed, 19 Nov 2014 02:05:11 GMT

Politics Amp Policy
Cameron urged to tap uk pension funds
PM risks ignoring ‘huge pool of existing capital on doorstep’
... g that politicians could be accused of using the fund to benefit their own areas disproportionately. ... ... g that politicians could be accused of using the fund to benefit their own areas disproportionately. ... ... g that politicians could be accused of using the fund to benefit their own areas disproportionately. ... ... g that politicians could be accused of using the fund to benefit their own areas disproportionately. ... ... g that politicians could be accused of using the fund to benefit their own areas disproportionately. ... ... rime minister how best to bring local financing and knowledge to the table and enhance the offer to uk pension funds and potential overseas investors.” In 2012, when he was chairman of the Local Gov ...
Tue, 18 Nov 2014 21:04:17 GMT

Property
uk Coal successor to be property group
Coalfield Resources to buy controlling stake in Harworth Estates from the PPF
... 280m. For us that’s actually a big win so we don’t see that as a big loss, per se,” he added. ... ... 280m. For us that’s actually a big win so we don’t see that as a big loss, per se,” he added. ... ... 280m. For us that’s actually a big win so we don’t see that as a big loss, per se,” he added. ... ... 280m. For us that’s actually a big win so we don’t see that as a big loss, per se,” he added. ... ... 280m. For us that’s actually a big win so we don’t see that as a big loss, per se,” he added. ... ... he value of the 75.1 per cent stake in Harworth Estates had risen from the £30m paid for it by the uk Coal pension scheme trustees in 2012 to £150m under the deal with Coalfield. “The offset on th ...
Tue, 18 Nov 2014 19:55:50 GMT

Energy
S Arabia in talks to invest in uk nuclear
State controlled power company one of a handful of possible minority investors in Hinkley Point C
... ain’s transition to low-carbon power generation but called for greater scrutiny of any fresh deal. ... ... otentially wasteful public subsidies. “State aid means the deal is solid, robust and approved. A number of people are looking at it,” said one industry figure. EDF declined to comment. EDF, which ... ... ain’s transition to low-carbon power generation but called for greater scrutiny of any fresh deal. ... ... ain’s transition to low-carbon power generation but called for greater scrutiny of any fresh deal. ... ... ain’s transition to low-carbon power generation but called for greater scrutiny of any fresh deal. ... ... overnment to commit to 35 years of financial support. The backing from Brussels came only after the uk introduced tougher profit clawback clauses into the contract to minimise concerns about potential ...
Tue, 18 Nov 2014 16:54:41 GMT



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Markets
record Investor Funds Follow Pimco Boss Out the Door
Pacific Investment Management said investors pulled $23.5 billion from the Pimco Total Return fund in September, the firm's largest-ever monthly outflow, with the largest amount on the day founder Bill Gross abruptly quit.
... ustry's largest ever, fund tracker Morningstar Inc. said, dwarfing the Total Return fund's previous record withdrawals of $9.6 billion in June 2013 and a $4.7 billion outflow at an American Funds' mut ... ... om and Min Zeng at min.zeng@wsj.com ... ... Write to Kirsten Grind at kirsten.grind@wsj.com, Chris Dieterich at chris.dieterich@wsj.com and Min Zeng at min.zeng@wsj.com ... ... om and Min Zeng at min.zeng@wsj.com ... ... om and Min Zeng at min.zeng@wsj.com ... ... om and Min Zeng at min.zeng@wsj.com ...
Thu, 02 Oct 2014 11:34:35 EDT

Markets
ukraine's Naftogaz Says It Has Repaid Bond
ukrainian state gas company Naftogaz said Wednesday it has repaid a $1.6 billion bond, settling an urgent bill that had possible ramifications for the country's sovereign debt.
... Ben Edwards at ben.edwards@wsj.com ... ... Ben Edwards at ben.edwards@wsj.com ... ... Ben Edwards at ben.edwards@wsj.com ... ... Ben Edwards at ben.edwards@wsj.com ... ... Ben Edwards at ben.edwards@wsj.com ... ... ch a mechanism for providing Naftogaz the needed cash to cover its debt and pay for the Russian gas ukraine imports. The bond now in question was issued in 2009 as part of a debt restructuring after t ...
Wed, 01 Oct 2014 15:41:49 EDT

A-hed
This Game Requires Players to Use Their heads, Only
No hands are allowed in a German game dubbed 'headis,' in which competitors play a version of table tennis with their heads.
... ley S. Wang at shirley.wang@wsj.com ... ... ley S. Wang at shirley.wang@wsj.com ... ... ley S. Wang at shirley.wang@wsj.com ... ... ley S. Wang at shirley.wang@wsj.com ... ... aber was supposed to engage in friendly competitions with spectators in different sports, including headis. Dressed in suit and tie, Mr. Haber, who had never before seen the game, got into it. He took ... ... ley S. Wang at shirley.wang@wsj.com ...
Wed, 01 Oct 2014 01:27:04 EDT

A-hed
This Game Requires Players To Use Their heads, Only
No hands are allowed in a German game dubbed 'headis,' in which competitors play a version of table tennis with their heads.
... o much so I destroyed my suit." ... ... o much so I destroyed my suit." ... ... o much so I destroyed my suit." ... ... o much so I destroyed my suit." ... ... aber was supposed to engage in friendly competitions with spectators in different sports, including headis. Dressed in suit and tie, Mr. Haber, who had never before seen the game, got into it. He took ... ... o much so I destroyed my suit." ...
Wed, 01 Oct 2014 00:44:50 EDT

NY Politics
Preet Bharara: Next Attorney General Will Have record Like Mine
U.S. Attorney Preet Bharara deflected questions Tuesday about whether he wants to be the next Attorney General—but said the successful candidate's priorities should mirror his own.
... tials prosecuting a wide variety of cases, from insider trading to terrorism. He has a near-perfect record on insider trading cases and his prosecutors have successfully convicted two high-profile ter ... ... tthews contributed to this article. ... ... tthews contributed to this article. ... ... tthews contributed to this article. ... ... tthews contributed to this article. ... ... tthews contributed to this article. ...
Tue, 30 Sep 2014 21:58:55 EDT

Markets
Russian Ruble Hits record Low Against Target Currency Basket
The Russian ruble hit a fresh record low against the central bank's target basket of U.S. dollars and euros, slipping below the level at which the bank intervenes to support the currency.
... ich the central bank starts selling dollars and euros to smooth fluctuations. The ruble also hit an record of 39.89 against the dollar before recovering to 39.57 by the end of the day. Russian officia ... ... Ostroukh at andrey.ostroukh@wsj.com ... ... Ostroukh at andrey.ostroukh@wsj.com ... ... Ostroukh at andrey.ostroukh@wsj.com ... ... ews itself obviously boosts capital outflow and the market reacts," said Sergei Romanchuk, the head of financial-markets association ACI in Russia. The idea to introduce capital controls has been ... ... e. —Alexander Kolyandr contributed to this article. Write to Andrey Ostroukh at andrey.ostroukh@wsj.com ...
Tue, 30 Sep 2014 13:31:19 EDT

Markets
Bank Stress Test Should Focus on Changes Made, EBA head Says
The focus of the coming European bank stress test shouldn't be on the number of banks that fail it, but rather the changes that banks have already undertaken to make themselves stronger, said the head of Europe's banking watchdog.
... to Todd Buell at todd.buell@wsj.com ... ... VIENNA—The focus of the coming European bank stress test shouldn't be on the number of banks that fail it, but rather the changes that banks have already undertaken to make them ... ... to Todd Buell at todd.buell@wsj.com ... ... to Todd Buell at todd.buell@wsj.com ... ... Andrea Enria, the head of the European Banking Authority, said that observers should "look at the whole picture.& ... ... to Todd Buell at todd.buell@wsj.com ...
Tue, 30 Sep 2014 09:57:00 EDT

U K News
U.K. Leader Pressured Ahead of Party Conference
U.K. Prime Minister David Cameron will seek to rally his Conservative party as it gathered for its last annual autumn conference before next year's general election.
... ve complicated. Despite the Scottish victory, Mr. Cameron got into trouble in the days after he was recorded telling former New York Mayor ... ... Jenny Gross at jenny.gross@wsj.com ... ... Jenny Gross at jenny.gross@wsj.com ... ... Jenny Gross at jenny.gross@wsj.com ... ... Cameron speaks during a television interview with Andrew Marr at the BBC in Birmingham on Sunday, ahead of the Conservative Party's annual conference. Reuters ... ... nd an invaluable national platform from which to attack the Conservatives. Mr. Carswell defected to ukIP in August, saying the Conservative leadership wasn't serious about changing Britain's relations ...
Mon, 29 Sep 2014 03:40:39 EDT

Europe News
ukraine Governor Warns of Cease-Fire's Risks
Ihor Kolomoisky, a powerful figure behind ukraine's government in Kiev, warned new demarcation lines hammered out in the deal could lead to the creation of an enduring de facto rebel state.
... n Cullison at alan.cullison@wsj.com ... ... n Cullison at alan.cullison@wsj.com ... ... n Cullison at alan.cullison@wsj.com ... ... n Cullison at alan.cullison@wsj.com ... ... oisky's support for the war effort made his office in his regional capital a kind of an alternative headquarters for Ukraine's defense. Huge military maps span the walls of the office of one of his as ... ... the danger of a new offensive is likely to grow in the spring. By that time, he said, he hopes the ukrainian military will be re-equipped. In Dnipropetrovsk, Mr. Kolomoisky has started up a productio ...
Mon, 29 Sep 2014 01:57:11 EDT

Media Marketing
Digital Media headline Advertising Week
Much of the chatter at this year's Advertising Week conference in New York will be on digital topics, from mobile marketing to data mining.
... er S... 08/24/14 Insurance Sector Could Use a R... 08/01/14 Berkshire Posts record Quarter... More quote details and news » ... ... Vranica at suzanne.vranica@wsj.com ... ... Vranica at suzanne.vranica@wsj.com ... ... Vranica at suzanne.vranica@wsj.com ... ... ot;As buying becomes more automated, we have to make sure integrity remains." —The Week Ahead looks at coming corporate events. Write to Suzanne Vranica at suzanne.vranica@wsj.com ... ... Vranica at suzanne.vranica@wsj.com ...
Mon, 29 Sep 2014 00:19:05 EDT

Golf Journal
Team USA heads for the Repair Shop After Ryder Cup Defeat
If the U.S. is ever going to reclaim the Ryder Cup, the Americans will need to make major changes in their approach to the competition.
... ill have to change if the U.S. wants to give Europe better matches going forward. Reed had the best record of any American. He went 3-0-1, with two of those wins and the half coming in partnership wit ... ... Newport at JohnPaul.Newport@wsj.com ... ... Newport at JohnPaul.Newport@wsj.com ... ... Newport at JohnPaul.Newport@wsj.com ... ... Newport at JohnPaul.Newport@wsj.com ... ... Newport at JohnPaul.Newport@wsj.com ...
Sun, 28 Sep 2014 22:36:39 EDT

Russia News
Germany Sees No Quick End to ukraine Crisis
A solution to the ukraine crisis is still far off, German Foreign Minister Frank-Walter Steinmeier warned, as his Russian counterpart accused the West of seeking to create chaos in the Kremlin's geographic sphere.
... e Norman at laurence.norman@wsj.com ... ... e Norman at laurence.norman@wsj.com ... ... e Norman at laurence.norman@wsj.com ... ... e Norman at laurence.norman@wsj.com ... ... e Norman at laurence.norman@wsj.com ... ... use of concern. "We welcome and support the Minsk cease-fire agreement and urge all parties in ukraine to strictly implement it and seek a comprehensive, sustained and political solution," h ...
Sun, 28 Sep 2014 01:15:43 EDT

World News
uk's Cameron Suffers Blow as Second Lawmaker Defects to ukIP
A second lawmaker from U.K. Prime Minister David Cameron's Conservative party announced he was resigning and joining the U.K. Independence Party, a move which promises to make it harder for the prime minister to win a second term in the general elect
... Mr. Cameron. "It isn't curtains for Cameron, but his job just got a whole lot harder. He has a record of reacting well to setbacks, but this one will really test him. If he can't rally the faithf ... ... las Winning at nick.winning@wsj.com ... ... las Winning at nick.winning@wsj.com ... ... las Winning at nick.winning@wsj.com ... ... las Winning at nick.winning@wsj.com ... ... English coastal town of Clacton on Oct. 9, the prime minister's birthday. Mr. Carswell defected to ukIP in August, forcing the by-election, saying the Conservative leadership wasn't serious about cha ...
Sat, 27 Sep 2014 12:47:15 EDT

World News
Iran Nuclear Talks Make Little headway
A week of talks between Iran and six powers over Tehran's nuclear program made little headway in closing gaps on the most difficult issues, Western diplomats said.
... Jay Solomon at jay.solomon@wsj.com ... ... Jay Solomon at jay.solomon@wsj.com ... ... floated but that Tehran had not moved much on the key point—accepting a sharp reduction in its enrichment activities. Among the other toughest issues to resolve are the timing of sanctions relief. ... ... Jay Solomon at jay.solomon@wsj.com ... ... quot;a lot of flexibility to the discussions." Mr. Fabius said Friday with talks making little headway, a meeting of foreign ministers from Iran and the six power group had been called off. A spo ... ... Jay Solomon at jay.solomon@wsj.com ...
Fri, 26 Sep 2014 23:57:00 EDT

Latin America News
Venezuela's Bolívar Currency Hits record Low on Black Market
The plummeting Venezuelan currency breached a new, symbolic low of 100 bolívares per dollar on the black market Friday.
... to Kejal Vyas at kejal.vyas@wsj.com ... ... to Kejal Vyas at kejal.vyas@wsj.com ... ... to Kejal Vyas at kejal.vyas@wsj.com ... ... to Kejal Vyas at kejal.vyas@wsj.com ... ... to Kejal Vyas at kejal.vyas@wsj.com ... ... to Kejal Vyas at kejal.vyas@wsj.com ...
Fri, 26 Sep 2014 23:17:17 EDT

Europe News
ukraine's Gas Deal With Russia Reflects Shifting Pressures
ukraine moved closer to resolving its long dispute with Russia over natural gas, as mounting economic pain at home—and pressure from Europe—increasingly force Kiev into compromising with Moscow.
... gory L. White at greg.white@wsj.com ... ... gory L. White at greg.white@wsj.com ... ... gory L. White at greg.white@wsj.com ... ... gory L. White at greg.white@wsj.com ... ... gory L. White at greg.white@wsj.com ... ... m as far away as South Africa. But with its economy expected to contract by at least 7% this year, ukraine could ill afford another economic shock from fuel shortages. —Laurence Norman contribu ...
Fri, 26 Sep 2014 22:30:02 EDT

Russia News
Russia, ukraine Near Gas Deal
ukraine and Russia moved closer to a deal under which Kiev would pay Moscow $3.1 billion amid a dispute over unpaid Russian gas bills and Russia would deliver the gas ukraine needs for the winter.
... novski at anton.troianovski@wsj.com ... ... novski at anton.troianovski@wsj.com ... ... novski at anton.troianovski@wsj.com ... ... novski at anton.troianovski@wsj.com ... ... novski at anton.troianovski@wsj.com ... ... raine would pay $3.1 billion of the unpaid bills by the end of the year. Russia would agree to sell ukraine at least 5 billion cubic meters of gas for the winter at a price of $385 per thousand cubic ...
Fri, 26 Sep 2014 12:56:26 EDT

Business
Container Shipping Slowly Recovering, says UASC head
Jorn Hinge, CEO of Dubai-based shipper United Arab Shipping co, says consolidation has brought the industry's long downturn to an end, and freight rates will be more stable.
... ostas Paris at costas.paris@wsj.com ... ... recovery in container shipping." He said alliances give partners the flexibility to adjust the number of sailings depending on seasonal demand, something that stand-alone players can't afford. &q ... ... l of the world's busiest ocean routes and push smaller players out, the chief executive of the cash-rich, Dubai-based firm said Friday. UASC joined France's CMA CGM SA and ... ... ostas Paris at costas.paris@wsj.com ... ... ostas Paris at costas.paris@wsj.com ... ... ostas Paris at costas.paris@wsj.com ...
Fri, 26 Sep 2014 09:06:14 EDT

Markets
Hungary Stops Delivering Gas to ukraine
Hungary stopped delivering gas to ukraine late Thursday, further isolating Kiev just ahead of Friday's talks between Russia, the EU and ukraine on gas supplies to the former Soviet state.
... Margit Feher at margit.feer@wsj.com ... ... Margit Feher at margit.feer@wsj.com ... ... Margit Feher at margit.feer@wsj.com ... ... Margit Feher at margit.feer@wsj.com ... ... ... ... aim and this is another trump card in Russian hands," ukraine's Prime Minister Arseniy Yatsenyuk said this week at the United Nations General Assembly in New York. European Commissioner for Ener ...
Fri, 26 Sep 2014 08:00:26 EDT

Art Auctions
Maria Bukhtoyarova: Calm, Cool, Collecting
A visit to the Venice Biennale transformed Maria Bukhtoyarova's relationship with art. Now immersed in that world, the London-based Russian opens up about her inspirations, purchases and contemporary art collection.
... The Growing Obsession with Goya ... ... ns committee and a trustee of the Moscow Biennale of Contemporary Art, Ms. Buhktoyarova is one of a number of Russian women playing an increasingly significant role in the arts. Garage Museum of Conte ... ... ters. I am drawn to their emotional richness and depth. —Edited from an interview with Emma Crichton-Miller ... ... The Growing Obsession with Goya ... ... The Growing Obsession with Goya ... ... emporary Art founder Dasha Zhukova is perhaps the most famous of t ...
Fri, 26 Sep 2014 01:10:27 EDT

NY Crime
NYPD Improperly recorded Some Hate-Crime Data, Audit Found
The New York State Comptroller's office has recommended the New York Police Department amend its reporting procedures for hate-crime incidents after an audit found not all bias data were being properly captured and recorded.
... establish a document tracking system, periodic analysis of captured hate-crime-related data, and a record-keeping system that can be accessed by NYPD management. A draft copy of the report was provid ... ... n to implement the recommendations. ... ... n to implement the recommendations. ... ... n to implement the recommendations. ... ... n to implement the recommendations. ... ... n to implement the recommendations. ...
Thu, 25 Sep 2014 23:22:00 EDT

Europe News
ukraine President Says Worst of Conflict is Over
ukraine's president said the worst of the conflict with Russia-backed rebels is over and renewed his pledges to build closer ties with Europe, revive a moribund economy and fight corruption.
... gory L. White at greg.white@wsj.com ... ... gory L. White at greg.white@wsj.com ... ... gory L. White at greg.white@wsj.com ... ... gory L. White at greg.white@wsj.com ... ... he separatists. They have rejected his offer of local elections in December and said they would go ahead with their own on Nov. 2. "No one can ever put the questions of sovereignty, territorial i ... ... ossible to stop the slide of the hryvnia, which has lost about 40% of its value this year. He said ukraine would need more assistance from Western donors and that he hoped he would be able to raise a ...
Thu, 25 Sep 2014 15:26:12 EDT

Asia News
Taiwan Holds Rates, Signals Tightening Ahead
Taiwan's central bank left its benchmark interest rates unchanged as expected, but it signaled that tighter monetary policy could be on the horizon.
... in the first eight months this year. ... ... in the first eight months this year. ... ... in the first eight months this year. ... ... in the first eight months this year. ... ... s central bank will probably raise interest rates by the end of March next year," said Wei Lo, head of economic research at Fubon Financial. China is Taiwan's biggest export market. About two-thi ... ... in the first eight months this year. ...
Thu, 25 Sep 2014 06:02:24 EDT

World News
Hollande Confirms French Hostage Beheaded in Algeria
A self-proclaimed ally of the Islamic State group released a video Wednesday purportedly showing the beheading of a Frenchman abducted in Algeria.
... s at David.Gauthier-Villars@wsj.com ... ... s at David.Gauthier-Villars@wsj.com ... ... s at David.Gauthier-Villars@wsj.com ... ... s at David.Gauthier-Villars@wsj.com ... ... gholds. The abduction of the 55-year-old Mr. Gourdel and the release of video footage showing his beheading have the hallmark of recent Islamic State killings, which have spurred the Obama administrat ... ... s at David.Gauthier-Villars@wsj.com ...
Thu, 25 Sep 2014 03:30:23 EDT

World News
Lithuania: EU Compromise on ukraine Pact Isn't Right Step
The European Union's decision to give ukraine more time to fully implement a trade pact to assuage Russian pressure is a potentially dangerous step that leaves the gates open for Moscow to press for major changes to the deal, Lithuanian Foreign Minis
... e Norman at laurence.norman@wsj.com ... ... ny changes to the agreement text, which has already been signed and ratified by the two sides and a number of European capitals. Mr. Linkevicius said his government, which is among the most critical o ... ... e Norman at laurence.norman@wsj.com ... ... e Norman at laurence.norman@wsj.com ... ... e Norman at laurence.norman@wsj.com ... ... re starting to consider whether to roll back recent sanctions against Russia because of the eastern ukraine cease fire. Brussels has promised to review the situation by the end of September. Mr. Linke ...
Thu, 25 Sep 2014 00:43:36 EDT

NY Lunch Box
Food Court Gets a Roof Over Its head
Berg'n, Brooklyn's new beer hall and food court, brings the vibes of the Brooklyn Flea and Smorgasburg to a permanent home in Crown Heights.
... a moving next door, much is on tap for the beer and food hall, such as a craft cocktail menu, guest record players and delivery. —Chelsea Matiash Berg'n, 899 Bergen St. between Classon and Fr ... ... from 10 a.m. to late; 718-857-2337. ... ... from 10 a.m. to late; 718-857-2337. ... ... from 10 a.m. to late; 718-857-2337. ... ... from 10 a.m. to late; 718-857-2337. ... ... from 10 a.m. to late; 718-857-2337. ...
Wed, 24 Sep 2014 22:31:38 EDT

Digits
Amazon's head of Digital Music and Video Is Leaving
Amazon.com's head of digital music and video is leaving after a 15-year stint with the company.
... t, according to his LinkedIn profile. ... ... t, according to his LinkedIn profile. ... ... t, according to his LinkedIn profile. ... ... t, according to his LinkedIn profile. ... ... ... ... t, according to his LinkedIn profile. ...
Wed, 24 Sep 2014 16:42:11 EDT

Music
A New Box Set Compiles 'Lost' Memphis Gospel recordings
"The Soul of Designer records" box set compiles 101 "lost" songs by Memphis-area ministers, singers and church choirs, recorded in the 1960s and '70s for a little-known local label.
... reo, I fell in love with it—but I controlled myself pretty good," said Rev. Potts, who later recorded several successful gospel albums. "My life was with the church." ... ... ;My life was with the church." ... ... ;My life was with the church." ... ... ;My life was with the church." ... ... ;My life was with the church." ... ... ;My life was with the church." ...
Wed, 24 Sep 2014 10:01:50 EDT

World News
Russia Pushes ukraine on EU Trade
A top European Union official blasted Russia for reviving threats of retaliation against ukraine over a trade deal with the bloc, stoking political tensions even as signs mount of a military de-escalation.
... vskaya at olga.razumovskaya@wsj.com ... ... which is de-escalation," one senior NATO diplomat said. Still, he added, "we've seen any number of occasions in the last six or eight months where indicators pointed one direction, and we w ... ... vskaya at olga.razumovskaya@wsj.com ... ... aine, said the EU and Ukraine would soon reply to Russia but that its demands were bogus. "The russians will have to abandon this virtual reality," he said. The Russian mission to the EU did ... ... vskaya at olga.razumovskaya@wsj.com ... ... operate training camps for separatist fighters on its territory as well. The six-month conflict in ukraine has already claimed over 3,000 lives according to a U.N. report. The rebel-held stronghold o ...
Wed, 24 Sep 2014 05:38:14 EDT

Technology
Jack Ma Is richest Person in China
Alibaba's blockbuster $25 billion stock offering has made Jack Ma the wealthiest man in China, according to a new survey, as investor enthusiasm for Chinese technology names enriches a new generation of Internet moguls.
... as Alibaba growing at a fast clip at home and becoming more globally competitive. China has seen a record 15 Internet IPOs so far this year, according to data provider Dealogic, raising $29.2 billion ... ... Write to Eva Dou at eva.dou@wsj.com ... ... Mr. Hoogewerf said. Since then, the crown of China's richest man has passed to executives in other sectors such as real estate, beverages and heavy manuf ... ... Write to Eva Dou at eva.dou@wsj.com ... ... Write to Eva Dou at eva.dou@wsj.com ... ... Write to Eva Dou at eva.dou@wsj.com ...
Tue, 23 Sep 2014 19:06:38 EDT

Europe Markets
Raiffeisen Latest Bank to Be Hit by ukraine Crisis
Raiffeisen, Austria's third-largest bank, has become the latest European lender to see profits hit by the conflict.
... lrike Dauer at ulrike.dauer@wsj.com ... ... ency, the hryvnia, has collapsed. The economy appears set for its largest contraction since 2009. A number of banks have had to write down or write off assets in Ukraine. Although Raiffeisen probably ... ... lrike Dauer at ulrike.dauer@wsj.com ... ... lrike Dauer at ulrike.dauer@wsj.com ... ... est banks, Deutsche Bank and Commerzbank declined to update statements from second-quarter reports ahead of third-quarter earnings due in November. Commerzbank's exposure to Russia amounted to €5.4 ... ... second-quarter report it doesn't expect material credit losses from the tensions between Russia and ukraine. Raiffeisen is sufficiently capitalized and doesn't need a capital increase, CEO Sevelda sa ...
Tue, 23 Sep 2014 12:20:50 EDT

Markets
Raffeisen Driven to Loss by ukraine
Raiffeisen Bank International issued a profit warning after revising its outlook on risk costs, primarily due to the ongoing crisis in ukraine.
... e Lundeen at nicole.lundeen@wsj.com ... ... e Lundeen at nicole.lundeen@wsj.com ... ... e Lundeen at nicole.lundeen@wsj.com ... ... e Lundeen at nicole.lundeen@wsj.com ... ... e Lundeen at nicole.lundeen@wsj.com ... ... -largest bank, accounting for around 2.4% of the bank's total assets and has 80 branches in Eastern ukraine. Write to Nicole Lundeen at nicole.lundeen@wsj.com ...
Tue, 23 Sep 2014 02:30:00 EDT

Politics And Policy
Accused White House Fence Jumper Had Arrest record
The Army veteran accused of clambering over the White House fence and breaching the executive mansion served two tours in Iraq and returned with symptoms of severe mental illness, according to family and friends.
... my Commendation medals, one Army Achievement Medal and an Army Good Conduct Medal, according to his records. "Omar has an illness," said Ms. Bell. "I would love for that to be treated. ... ... rshott at jeffrey.sparshott@wsj.com ... ... rshott at jeffrey.sparshott@wsj.com ... ... rshott at jeffrey.sparshott@wsj.com ... ... rshott at jeffrey.sparshott@wsj.com ... ... rshott at jeffrey.sparshott@wsj.com ...
Tue, 23 Sep 2014 00:43:32 EDT

Los aparatos esenciales para richard Branson
richard Branson aceptó una invitación de The Wall Street Journal para una sesión de fotos y habló sobre sus electrónicos esenciales, incluyendo un BlackBerry Curve, y respondió a preguntas sobre lo que hace a un gran líder y la única prenda que nu
... mantenido es el traje y la corbata. ... ... mantenido es el traje y la corbata. ... ... t Journal richard Branson aceptó una invitación de The Wall Street Journal para una sesión de fotos en el p ... ... mantenido es el traje y la corbata. ... ... mantenido es el traje y la corbata. ... ... mantenido es el traje y la corbata. ...
Tue, 23 Sep 2014 00:02:17 EDT

Markets
Russian Lender VTB Warns of Hit From ukraine Crisis
Russian state-controlled lender VTB could report a $1.4 billion loss for 2014 because of the crisis in ukraine, the bank's chief executive said.
... compares with VTB's record net profit of 101.5 billion rubles posted in 2013, results that the bank's top managers alrea ... ... yandr at Alexander.Kolyandr@wsj.com ... ... yandr at Alexander.Kolyandr@wsj.com ... ... yandr at Alexander.Kolyandr@wsj.com ... ... yandr at Alexander.Kolyandr@wsj.com ... ... banks subject to U.S. and European Union sanctions introduced in response to Russia's policy toward ukraine. They ban all U.S. and EU nationals and companies from buying or selling new bonds, equity o ...
Mon, 22 Sep 2014 13:44:00 EDT

Merck comprará a Sigma-Aldrich por US$17.000 millones
La farmacéutica alemana Merck KGaA anunció el lunes que compraría la compañía estadounidense Sigma-Aldrich Corp por US$17.000 millones con el fin de mejorar su posición en el sector de ciencias de la vida.
... bueno en una junta extraordinaria. ... ... bueno en una junta extraordinaria. ... ... orias. La operación ha recibido la aprobación unánime del consejo de administración de Sigma-Aldrich y se presentará a los accionistas del grupo para su visto bueno en una junta extraordinaria. ... ... bueno en una junta extraordinaria. ... ... bueno en una junta extraordinaria. ... ... bueno en una junta extraordinaria. ...
Mon, 22 Sep 2014 11:52:21 EDT

World News
ukraine Says Attacks Halt Pull-Back
The ukrainian government said it won't pull back its troops in war-torn provinces of eastern ukraine as agreed in Minsk this weekend until rebels abide by a cease-fire in the region.
... n Cullison at alan.cullison@wsj.com ... ... n Cullison at alan.cullison@wsj.com ... ... n Cullison at alan.cullison@wsj.com ... ... who has ramped up nationalist enthusiasm for defending the rights of ethnic russians in Ukraine. On Sunday, thousands of Muscovites, led by the capital's liberal intelligentsia ... ... n Cullison at alan.cullison@wsj.com ... ... flags for the Donetsk People's Republic and Novorossiya, the czarist-era name for part of southern ukraine. Write to Alan Cullison at alan.cullison@wsj.com ...
Mon, 22 Sep 2014 03:33:15 EDT



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