Convicted insider trader Oliver Curtis is pictured with wife Roxy Jacenko and their two children - Pixie, aged four, and Hunter, two For years, Oliver Peter Curtis has lived a life many people would envy. The 30-year-old son of a wealthy minerals executive, he married PR supremo Roxy Jacenko in 2012 in an extravagant ceremony at a swanky Sydney restaurant. The couple have since had two children - Pixie, four, and Hunter, two - and Ms Jacenko's Sweaty Betty public relations empire has taken off. Curtis has lived in a ritzy apartment, travelled on overseas holidays with his family and carved out a successful business career. Things played out differently for John Hartman, Curtis' former best friend and fellow old boy of the prestigious private school Riverview College in Sydney. Hartman has endured prison, penury and the shame of a criminal conviction in one of Australia's highest-profile white collar crimes of recent years. Now, it appears the fortunes of the former … [Read more...] about Insider trading places: How Oliver Curtis’ partner in crime has rebuilt his life after 15 months in jail – as Roxy Jacenko’s husband enjoys what could be his last day of freedom
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Thomas Cook has collapsed after a year long battle to sell its airline arm and rebuild itself as a hotels giant. The company fell into liquidation in the early hours of Monday morning, after failing to secure the additional £200million funding it needed to stay afloat. "Thomas Cook UK Plc and associated UK entities have entered Compulsory Liquidation and are now under the control of the Official Receiver," the Thomas Cook website now explains. "The UK business has ceased trading with immediate effect and all future flights and holidays are cancelled." Peter Fankhauser, chief executive of Thomas Cook, added: "We have worked exhaustively in the past few days to resolve the outstanding issues on an agreement to secure Thomas Cook’s future for its employees, customers and suppliers. "Although a deal had been largely agreed, an additional facility requested in the last few days of negotiations presented a challenge that ultimately proved insurmountable. "It is a matter of … [Read more...] about ‘I have £2,300 in Thomas Cook vouchers – can I get a refund?’ Your rights
Global stocks fell sharply on Friday after Donald Trump threatened to impose tariffs on $300bn (£247.6bn) of Chinese goods in a rapid escalation of the trade war between the world’s two biggest economies. Why is Trump imposing tariffs on China? Trump is applying pressure to try to force China to narrow the trade deficit – the gap between imports and exports – between the two countries. He complains that China buys fewer US goods than the US buys from China, a gap worth $419.5bn last year. He has also accused Chinese firms of stealing US companies’ intellectual property and called for Beijing to alter its rules. How do tariffs work? Tariffs are border taxes imposed by one country or economic bloc on goods shipped from a trading partner. The idea is to drive up the cost of those goods to make them less attractive to consumers than domestic produce. The taxes are paid by buyers of goods when they cross the border into the country imposing the tariff. What is … [Read more...] about Why is Trump imposing tariffs on China and how could it affect global economy?
In the early years after 9/11 the suicide belt, the car bomb and the homemade explosive device were the weapons of choice for jihadis: hidden, brutal and hard to counter. But as 2015 heaves to a close, its atrocities littered across the calendar – Charlie Hebdo, Sousse, Garissa, Tunis, Copenhagen and Paris – it is the AK-47 that has come to the fore. Across Europe more terrorist attacks have been carried out with Kalashnikov-type assault rifles this year than with any other device. In the 13 November Paris attacks, suicide bombers killed few but gunmen killed many. Further afield, in Tunisia and Kenya, it was also automatic weapons that did the damage. The widespread availability of these guns has been known for years. But it took the scale of death meted out in Paris last month to force Europe to address the threat. Now law enforcement officers across the continent are trying to establish some basic truths. Where do they come from? Who are the middlemen that deal in these … [Read more...] about Why has the AK-47 become the jihadi terrorist weapon of choice?
I grew up in Colliers Wood, two stops from the southern end of the Northern line. Just one stop north lies Tooting Broadway, where there are large and vibrant Indian and Pakistani communities. Whenever the Tiernan clan had something to celebrate, or wanted to eat somewhere fancy, we would go to Samrat Tandoori, a curry house on Mitcham Lane. The scent of stewing, exotic spices that wafted from the restaurant, intensifying as we got closer to the door, is an enduring memory, as is the warm welcome we always received. They treated us like family and made us feel special. Our waiter would pull out our chairs, endure all the tweaks and additions to our order (we always ordered the same thing, a bit off-menu, every single time), and help us with our coats when we stood up to leave, presenting my mum with a rose. The hot towels after our curry and the extra After Eights all made the experience all the more magical. What service! But what we loved most was – obviously – the food. … [Read more...] about Spice advice: crispy chicken thighs, curry chips, and spicy tofu with fried eggs