US Embassy sold to Qatari firm November 3, 2009 The US State Department has entered into an agreement to sell its embassy, located in Grosvenor Square to Qatari Diar Real Estate Investment Company. The US Embassy is set to move to an area of Wandsworth, with greater security and it is hoped that construction will begin in 2012 with the project to be completed [...]
Blacks Leisure pushes CVA plans November 3, 2009 Outdoor goods company Blacks Leisure said yesterday it had finalised the terms of its £42.5m restructuring plan and secured the support of its bank to help keep the firm in business. The plan will seek a company voluntary arrangement (CVA) in a bid to save nearly 4,300 jobs and exit 89 of its closed stores. [...]
Neuropharm in takeover talks November 3, 2009 Pharmaceutical firm Neuropharm yesterday said it was engaged in talks which may lead to an offer being made for the company. The loss-making company, which currently has no revenue, is seeking a sale or merger of the company so that the value of its drugs pipeline can be maximised.
BMW profits are driven down November 3, 2009 BMW, the luxury carmaker from Germany, yesterday said its third-quarter profits fell off sharply in the third quarter due to a slump in consumer spending on big-ticket items. Profit slumped 73.8 per cent to €78m (£70.5m), but BMW said it hopes to make a full-year profit after recent signs of recovery. Sales at the company [...]
Hartley hands boss Johnson a timely boost November 3, 2009 HOOKER Dylan Hartley gave England manager Martin Johnson some much-needed cheer after declaring himself fit for the autumn Test opener against Australia on Saturday. The Northampton star has been struggling of late with a hamstring injury but was included in Johnson’s youthful 22-man squad for the Twickenham showdown. With no fewer than 27 players unavailable [...]
Curbishley wins case against Hammers November 3, 2009 FORMER manager Alan Curbishley could be set for a seven-figure windfall from West Ham after winning his case for wrongful dismissal. The 51-year-old resigned as Hammers boss in September 2008 following the club’s decision to sell Anton Ferdinand and George McCartney against his wishes. A Premier League managers’ arbitration tribunal upheld Curbishley’s claim yesterday while [...]
MURRAY BACK IN THE GROOVE November 3, 2009 TOP seed Andy Murray swept to victory in his comeback match in Spain after beating home qualifier Daniel Gimeno-Traver 6-3, 6-1 at the Valencia Open. Playing his first match in six weeks, the British No1 was a little rusty, still clearly feeling the affects of a wrist injury. But the 22-year-old was still untroubled as [...]
Shocking win in Melbourne Cup November 3, 2009 HORSE RACING: British-trained Crime Scene was denied a historic victory in the Melbourne Cup by 9-1 shot Shocking. A UK-based runner has never won Australia’s biggest race but Crime Scene, trained by Godolphin’s Saeed bin Suroor in Newmarket, led into the final two furlongs. However, Shocking, ridden by Corey Brown, snatched the £3m prize by [...]
Barron sorry for failed dope test November 3, 2009 GOLF: American Doug Barron has apologised after becoming the first golfer to be banned for doping. The 40-year-old, who tested positive for an unnamed substance, said: “I apologise for any negative perception of the PGA Tour or its players resulting from my suspension. I did not intend to gain an unfair competitive advantage or enhance [...]
Haye promises big knockout November 3, 2009 BOXING: Britain’s David Haye has promised to make history by flooring giant Nikolai Valuev with a “jaw-dropping knockout”. The 7ft Russian has never been taken down in 51 contests, but Haye believes he can end that run in Saturday night’s eagerly anticipated WBA heavyweight title fight. “I truly believe it will be one of the [...]
