French Open: Rafael Nadal remains King of Clay as he writes yet more records in win against Dominic Thiem June 9, 2019 How many sporting situations are more difficult than facing Rafael Nadal at Roland Garros? On his beloved clay surface Nadal is both the unstoppable force and the immovable object of the classic paradox. And so Dominic Thiem found yesterday in Paris, going down 6-3, 5-7, 6-1, 6-1 in just over three hours as the Spaniard [...]
Indian fans make themselves at home in The Oval amid thumping win over Australia June 9, 2019 There was a fun game to be played at the Cricket Wold Cup match at The Oval today: spot the Australian. Canary yellow shirts were an endangered species inside the stadium, bright dots amid a sea of raucous, passionate, pulsating Indian blue. Even when you thought you’d located a group of Aussie supporters there was [...]
Public inquiry will probe Greybull’s role in collapse of British Steel June 9, 2019 MPs will quiz one of British Steel’s former owners on the firm’s collapse later this month, after they launched an inquiry into the troubled industry this weekend. The Business, Energy and Industrial Strategy committee will examine the role private equity firm Greybull Capital had in the industrial giant’s demise. The announcement comes less than a [...]
Trump ‘could ease’ restrictions on Huawei if trade talks advance June 9, 2019 US President Donald Trump may relax restrictions on Chinese tech firm Huawei if the two countries make progress in ongoing trade talks, his treasury secretary has said. Read more: MPs to question Huawei as part of investigation into 5G security risks Steven Mnuchin said the US may be willing to reconsider its approach towards Huawei [...]
Advertisers slam government over junk food ad ban proposals June 9, 2019 Advertisers have launched a scathing attack on the government’s plans to ramp up restrictions on junk food advertising, describing them as “totally disproportionate” and lacking in evidence. In submissions to a government consultation, seen exclusively by City A.M., industry bodies Isba and the Advertising Association (AA) said the proposals would harm advertisers and consumers but [...]
G20 vows to crack down on tech giant tax havens by 2020 June 9, 2019 Tech giants such as Facebook and Google will face a crackdown to ensure they pay their corporate taxes in full, after G20 finance ministers vowed to wrap up new laws by the end of the year. In a communique issued after a meeting in Japan, the finance ministers said they would compile new rules to [...]
First Group ‘may sue government’ if no deal on South Western Railway franchise contract June 9, 2019 First Group is open to suing the government if the two cannot agree terms on its South Western Railway franchise. Responding to reports the company could bring legal action, a spokesperson said any suggestions of this were “purely hypothetical”. First Group’s new boss Matthew Gregory had told the Sunday Times if the two sides could [...]
BT in talks with ITV over Britbox investment June 9, 2019 BT is reportedly in discussions over a potential multi-million-pound investment in Britbox, the joint streaming service by ITV and the BBC set to be launched later this year. The telecoms firm has held preliminary talks with ITV about taking a stake in Britbox and helping to fund exclusive dramas produced in the UK, the Sunday [...]
Boris Johnson vows to hold back £39bn Brexit divorce bill to force EU into a better deal June 9, 2019 Boris Johnson has threatened to force the European Union’s hand by withholding Britain’s £39bn “divorce” bill until it agrees to more favourable terms to leave. The former mayor of London made his first pitch to become Prime Minister by vowing to keep hold of the cash, scrap the Northern Irish backstop and guarantee the rights [...]
Fosun lines up bid for Thomas Cook tour operating business June 8, 2019 Thomas Cook’s biggest shareholder, Fosun Tourism Group, is in talks to take over the struggling firm’s tour operating business. The Chinese owner of Club Med owns 18 per cent of Thomas Cook already, and is now in talks to make a bid for the majority of its business, according to Sky News. Read more: IAG [...]