Business features

The Brit set to get Israelis shopping

By Simon Griver, February 4, 2010

Richard Hunter is one to watch. The former north Londoner has been appointed CEO of Shufersal (formerly Supersol), Israel’s largest retail chain with 230 supermarkets. He joined from sister company NetVision, a communications provider where Mr Hunter, 40, had been CEO since 2007.

Both NetVision, with an annual revenue of £220 million, and Shufersal, with a yearly turnover nearly £2 billion, are controlled by Nochi Dankner’s IDB Group, a diversified business conglomerate with total assets worth over US$ 30 billion. Mr Dankner is one of the most influential businessmen in Israel.

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How I tapped into the Chinese miracle

By Candice Krieger, January 28, 2010

China is ushering in a new wave of foreign investment and experts say the country will overtake Japan as the world’s second largest economy, behind the US, within five years.

Leonard Shopper, a leading authority on facilitating business in China, believes it could become the world’s number one economy. Mr Shopper, 75, is the director of China Projects Development Inc (CPD), which helps foreign companies develop successful businesses in the Chinese market. It has been active there for almost four decades.

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Being a PA? It's the best job in London

By Candice Krieger, January 21, 2010

Nikki Burg does not usually talk to journalists. In fact, she makes it her business not to. As personal assistant to one of the world’s most accomplished businessman, Russian-born oligarch Len Blavatnik, discretion, says Miss Burg, is everything.

But the 40-year-old has something she wants to share. Adamant she has the best job in London, she is keen to dispel the myths associated with being a PA and has launched a training course to help others.

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LSE chief pledges to boost Israel ties

By Candice Krieger, January 14, 2010

Xavier Rolet, head of the London Stock Exchange, has pledged the organisation’s commitment to strengthening its ties with Israel.

The Frenchman, who took over last year from Dame Clara Furse as chief executive, says the LSE will continue to push for a mutual recognition agreement — a bilateral deal to promote trade between the European Union and non-EU countries by facilitating market access and encouraging firms from each country to list on the stock exchange of the other.

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Pump your money into water

By Candice Krieger, December 17, 2009

Israel’s clean technology sector is set to outshine the country’s illustrious high-tech industry as investors around the globe turn to alternative and renewable energy opportunities.

Clean-tech, specifically in relation to the water market, is already outperforming other technology sectors — such as IT — when it comes to attracting venture capital.

Investment in the world’s largest clean-tech markets rose 10 per cent this year to $1.59bn (£993m) — and Israel is becoming an increasingly dominant force in this growth.

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Madoff - we may never know truth

By Candice Krieger, December 9, 2009

Since the Bernard Madoff scandal broke a year ago, thousands of investors who lost their livelihoods have been left outraged as to how Madoff — a former chairman of the NASDAQ stock market who ran Bernard L. Madoff Investment Securities (BMIS) — was able to commit such a fraud, and over such a long period of time.

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Snapshot of the man behind Getty

By Candice Krieger, December 3, 2009

Next time you look at a picture in a newspaper, on the web or on an advertising billboard, it is more than likely that it got there courtesy of Jonathan Klein.

The 49-year-old South African is the chief executive of Getty Images, the largest distributor of images in the world. From, its US headquarters it sells more than 20 million a year — notably to the media and advertising. But with these sectors hit hard by the recession, surely even an organisation of Getty’s size — it employs more than 1,700 and serves business customers in over 100 countries — must be suffering?

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Simon Cowell, the new property idol

By Candice Krieger, November 26, 2009

Property developer Mark Hoffman is sitting pretty. Hardly surprising considering that one of his business partners is Simon Cowell, the multi-millionaire music entrepreneur and X-Factor judge.

Mr Hoffman, 36, is the founder of Commercial Property Investments (CPI), a London-based firm which he runs with Simon Cowell; his brother, Nicholas Cowell, co-founder of Estate Office; Adrian Levy, also of Estate Office; and Mr Hoffman’s father, Peter.

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Why the job crunch is different this time

By Candice Krieger, November 19, 2009

Senior executives and company directors have been no more immune to redundancy than anyone else during the economic downturn. Whilst there is talk of the tide turning, people are still losing their jobs.

Employment disputes and redundancies are a typical feature of troubled economic times as companies react to dwindling revenues by firing employees at all levels in order to cut costs. But lawyer Elaine Aarons, a leading employment expert who specialises in advising executives at international law firm Withers LLP, believes this recession has been different.

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Muscling in on new markets

By Candice Krieger, November 12, 2009

Former body-builder Zef Eisenberg is flexing his muscles in the business world.

In 1995, he founded Maximuscle — the UK’s top sports nutrition brand used by British sporting stars such as Josh Lewsey and Gavin Henson — which he sold for £75m in 2007. Mr Eisenberg, 36, who remains the company’s president and principal shareholder, is now pursuing other projects. While preparing to launch a new chain of health and fitness clubs under the Maxigym trademark — a Maximuscle spin-off — he is also executing a multi-million pound assault on London’s property market.

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