The prestigious polo club founded by Prince Philip in 1955 has blamed its first annual loss in five years on a controversial Home Office decision to impose tougher immigration rules on overseas players and grooms. The Guards Polo Club, which is based in Windsor, Berkshire, and regularly draws...
Robert Wright, Public Policy Correspondent May 15, 2018 Print this page Those refused right to remain told ‘modern channels’ make distance immaterialPolicy designed to head off judicial challenge on human rights lawJudges rule advice to relatives is ‘wholly unrealistic’When Tony Hiley married his longstanding partner Kyung in London in 2016, he...
David Bond, Security and Defence Editor May 15, 2018 Print this page Russian cyber security company Kaspersky Labs is to open a new data centre in Switzerland to address concerns that its antivirus software can be used as an intelligence gathering tool by the Kremlin. In an announcement on Tuesday morning,...
Vittorio Colao will step down from his position as chief executive of Vodafone in October this year after a decade at the helm of one of the world’s largest telecoms companies. He will hand over to Nick Read, chief financial officer since 2014, who has been groomed as...
The pressure is on for WPP shareholders who care about governance. The advertising group recently parted ways under mysterious circumstances with Martin Sorrell, the man credited with building the company from a wire basket maker into a global marketing conglomerate.First the company confirmed that it was investigating a...
Emma Dunkley in Hong Kong May 15, 2018 Print this page Index provider MSCI has unveiled a list of 234 Chinese mainland-listed stocks to be added to its flagship emerging markets index, an inclusion that represents a key development in the opening of the country’s markets to overseas investors.After months of...
"This is very fulfilling because when you thought the subject must have run its course, it flares up again." Those words, from cryptography legend Whitfield Diffie, perhaps captured the essence of the first day of CoinDesk's Consensus 2018 conference. Diffie famously co-authored a landmark paper in 1976 that...
Shawn Donnan in Washington May 15, 2018 Print this page Senior senators have ditched a controversial plan that would have made US companies’ outbound investments to China and other countries potentially subject to national security reviews, after months of lobbying by General Electric and IBM.The move appears to clear the way...
Japan Post Bank is to launch a $1.5bn in-house hedge fund, according to people familiar with the plan, as an institution that once symbolised the nation’s financial conservatism embraces a new level of risk in a quest for greater returns. The shift moves the bank from being a passive...
From the balcony of his presidential office in Belgrade’s sombre New Palace, Aleksandar Vucic surveys the neatly trimmed gardens below. On this spot, he whispers, King Alexander and Queen Draga of Serbia were defenestrated in an army coup in 1903. When the king clung to the balustrade his...