Fortress increases bet on UK consumer with £351mn Loungers deal
Abu Dhabi-backed Fortress Investment Group has agreed to buy pub and restaurant chain Loungers for £351mn, marking its latest push into the UK consumer sector. Fortress’s UK portfolio already includes ...
At Messermacher, knife-making is an art
This Salzburg atelier can forge you a bejewelled dagger or a simple kitchen parer ...
Donald Trump, accidental master of game theory
There is a plausible view that Trump’s behaviour is no more than what it looks like on the surface — sheer policymaking incompetence by an impetuous, mediocre business executive. But this misses out ...
Europe’s fear of the outsider
Imagine a people living their best lives on an island in about 1800. They have no enemies. They don’t need to work long hours. The gentle waters around them are full of fish. One day, giant ships ...
Dr Martens boosted by good start to Christmas trading despite half-year loss
Departing chief says bootmaker has started to stabilise after several profit warnings and poor performance in the US ...
EU fines Pierre Cardin and licensee for breaking competition rules
Regulators in Brussels have fined Pierre Cardin and its largest licensee Ahlers a total of €5.7mn for breaking the EU’s antitrust rules by curbing cross-border sales of Pierre Cardin-branded clothing.
Lebanon to elect president in January after ceasefire with Israel
Lebanon’s parliament will elect a president on January 9, the house’s Speaker announced on Thursday, jolting the political deadlock that has gripped the country for two years as a fragile ceasefire ...
What Kemi Badenoch gets wrong about opposition strategy
New Tory leader cannot fulfil her immigration pledges without confronting trade-offs on taxes and public services ...
Venture Global launches new LNG plant ahead of IPO
At 20mn tonnes a year when fully online, Venture Global’s new facility will produce an amount equal to more than a fifth of current US LNG output capacity — and almost four times as much as Germany ...
Why von der Leyen’s deregulation drive has Brussels confused
Von der Leyen first revealed her plan for an “omnibus” regulation that would drive a coach and horses through the administrative burden at a press conference in Budapest in October, stating that in ...
Why Tiffany is still banking on its bird
To gaze upon one of Tiffany & Co’s Bird on a Rock brooches is to feel an overwhelming sense of joy. The figure of the bird, almost cartoonish in design, has an exaggerated crest, feathered ruff and a ...
Transcript: Can Britain’s ties with the US survive a second Trump presidency?
This is an audio transcript of the Rachman Review podcast episode: ‘Can Britain’s ties with the US survive a second Trump presidency?’ ...