By Dan Strumpf CONNECT Associated Press Shares of Chinese companies listed on U.S. exchanges have plunged in recent weeks along with the broader Chinese stock market. Scores of Chinese companies trade on U.S. exchanges, often in the form of American Depositary Receipts, or ADRs, which typically represent a bundle of shares that trade on foreign exchanges. U.S.-listed shares that have tumbled in recent weeks include well-known Chinese firms like e-commerce giant Alibaba Group Read more [...]

US clothes giants Abercrombie Fitch have been fined for carrying out work on a Grade II-listed building in Savile Row made famous by The Beatles’ roof-top gig. AFH Stores UK Limited and their co-defendant contract, Castletech Construction Ltd, were both fined £3,000, plus costs, by Westminster Magistrates' Court on June 3 for a breach of a conditional listed building consent, at the new Abercrombie Kids store at No.3 Savile Row, Westminster Council said. The building was formerly the base of Read more [...]

US clothes giants Abercrombie Fitch have been fined for carrying out work on a Grade II-listed building in Savile Row made famous by The Beatles’ roof-top gig. AFH Stores UK Limited and their co-defendant contract, Castletech Construction Ltd, were both fined £3,000, plus costs, by Westminster Magistrates' Court on June 3 for a breach of a conditional listed building consent, at the new Abercrombie Kids store at No.3 Savile Row, Westminster Council said. The building was formerly the base of Read more [...]

U.S. investors are finally getting a front row seat to China’s market meltdown. Much of the near month-long collapse of the Chinese stock market, which has sent prices plunging 26%, has seemed like a sideshow to U.S. investors. Stocks in the U.S. in general have mostly continued to go up. And the U.S., Greece, and even Puerto Rico have played a larger role in market news. The question is, how big of an economic story is China’s stock market stumble? China’s market is volatile. It went Read more [...]

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Investors are overlooking opportunities in the listed private equity sector, according to Gresham House chief executive Tony Dalwood. The average private equity investment trust is trading on a 15.5% discount to net asset value (NAV), according to the Association of Investment Companies. Well-known trusts such as Jon Moulton’s Better Capital 2012 are trading on even higher discounts at 30.8%, with Candover at 47.4% and Aberdeen Private Equity at 25.6%. Dalwood is not put off Read more [...]

A campaign to protect the future of the UK’s oldest LGBT pub, once frequented by Freddie Mercury, has gained the backing of high-profile figures including Ian McKellen, Paul O’Grady and the Mayor of London Boris Johnson. Credit: Wiki A group of architects has written to Historic England calling for an application to have The Royal Vauxhall Tavern (RVT) given listed status approved. The Victorian pub, built in 1863, stands on the former site of the 17th-century Vauxhall Pleasure gardens Read more [...]

Comments (0) West Yorkshire boasts this afternoon’s feature meeting with an excellent seven-race card at Pontefract highlighted by the Fillies’ Listed Stakes over a mile and nine members of the fairer sex heading to post for the £40,000 contest.The race looks to revolve around a trio of southern raiders with Roger Charlton’s Temptress (3.10pm) marginally preferred over Charlie Hills’ Queen Catrine and Marco Botti’s Pelerin.The selection boasts a progressive Read more [...]

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