Here’s the challenge for U.S. prosecutors: convince a jury former HSBC currency trader Mark Johnson is guilty of front-running a $3.5 billion client order. Their strongest evidence is HSBC’s audio recordings of the phone calls between Johnson, the bank’s former global head of foreign exchange, and traders in London and New
If you had to describe a restaurant declared the best in the world, you might think of somewhere distinctly glamorous.I’ve eaten at six establishments that have held that title. My travels have taken me to glorious locations, from a hillside villa overlooking the sea in Catalonia to the back streets of Modena,
Indian companies are rolling over the smallest amount of foreign-currency syndicated loans in three years after interest rate hikes by the Federal Reserve pushed borrowing costs to an almost nine-year high. The three-month London interbank offered rate climbed to 1.36 percent this month while refinancings by Indian firms have fallen
Every day, as many as 10,000 trucks rumble through the Port of Dover, whose towering white cliffs face continental Europe across the narrowest stretch of the English Channel. Rigs loaded with French cheese, German car parts, and other European goods roll off ferries and onto British highways, while trucks hauling Scotch whisky
The thorny issue of tracking of location data without risking individual privacy is very neatly illustrated via a Freedom of Information (FOI) request asking London’s transport regulator to release the “anonymized” data-set it generated from a four week trial last year when it tracked metro users in the UK
A trophy painting by Francis Bacon failed to draw any bids at Christie’s in London after being offered at auction for 60 million pounds($78 million).The unexpected outcome for the star lot of Christie’s evening sale of postwar and contemporary art on Friday drew a collective gasp in the sale room.
Home ownership among young Australians has fallen to the lowest level on record, as an explosive property boom squeezes out all but the wealthiest.Supercharged by record low interest rates, a lack of supply and a tax system that favors property investors, home prices have surged more than 140 percent in
Exclusive: Every area of the capital breaches global standards for PM2.5 pollution particles, with most areas exceeding levels by at least 50%The scale of Londons air pollution crisis was laid bare on Wednesday, with new figures showing that every person in the capital is breathing air that exceeds global guidelines