Phillips: Don’t over-hype the Three Lions October 13, 2009 FORMER England striker Kevin Phillips believes Fabio Capello’s men are primed for World Cup success in South Africa next summer – but has warned against over-hyping their chances. The Birmingham City front man says England boss Capello has a wealth of talent at his disposal, but knows from personal experience that it does not necessarily [...]
MANCINI FOR COUNTY? NOTTS LIKELY October 13, 2009 ROBERTO MANCINI’S agent has rubbished suggestions the former Inter Milan boss could take charge at Notts County. Mancini, who won three Italian titles at Inter, has been linked with the ambitious League Two club due to his friendship with director of football Sven-Goran Eriksson. But Maurizio de Giorgis said: “There is no truth in it [...]
SPORT IN BRIEF October 13, 2009 FAwarn Benitez over gestureFOOTBALL: Liverpool manager Rafael Benitez has escaped with a warning for making an offensive gesture in relation to referee Phil Dowd. Benitez responded to a question about Dowd’s performance following a 2-1 defeat to Tottenham in August by removing his glasses from a pocket and inspecting them. The Football Association deemed the [...]
Changing oil currency wouldn’t hurt the buck October 13, 2009 QUESTIONING the dollar’s status as a global reserve currency has become almost de rigueur in the past few weeks. In fact, it has been an ongoing discussion for some months now. It was discussed at the G20 meeting in Pittsburgh at the end of September and then a news report last week suggested that the [...]
CHOOSE YOUR LETTER, AND FX OUTLOOK October 13, 2009 BORIS SCHLOSSBERGDIRECTOR OF CURRENCY RESEARCH, GFT READING currency market research these days can be a little like watching Sesame Street. Every scenario assigns a different letter of the alphabet to the shape of the recovery. The direction for the dollar for the next 12 months could be determined by whoever is correct in their alphabet [...]
Sterling falls to six-month low on grim outlook for UK economy October 13, 2009 STERLING is once again the whipping boy of the forex markets. It fell to a six-month low against the euro on Monday after a report from the Centre for Economics and Business Research (CEBR) suggesting that sterling could hit parity versus the single currency. And despite relatively healthy retail sales and house price data, inflation [...]
Bundesbank staff battle cuts October 13, 2009 STAFF of Germany’s Bundesbank yesterday gathered in protest at the central bank’s plan to close local offices and slash jobs. Around 1,500 staff assembled outside the Bundesbank headquarters in Frankfurt to demonstrate against plans to close 14 of 47 regional offices by 2012, with another nine to go by 2015. The initial round of closures [...]
Former Enron boss gets an appeal on technicality October 13, 2009 THE US Supreme Court has agreed to hear an appeal by former Enron chief executive Jeffrey Skilling against his 2006 conviction for fraud. Skilling, who is serving a 24-year sentence for his involvement in the giant accounting fraud, has secured an appeal after his lawyers argued his 19 convictions were based on flawed legal theory. [...]
Bellway looks on bright side as profits fall October 13, 2009 HOUSEBUILDER Bellway has said it is well positioned for the future, despite the fact it saw an 82 per cent fall in full-year profits last year. The group said its pre-tax profits in the year to end-July were £29.8m, compared to £165.7m in the previous year, but this was slightly ahead of market expectations. Including [...]
FREE (DELIVERY) TO A GOOD HOME October 13, 2009 Amazon UK is offering free delivery on everything in the run up to Christmas, scrapping the previous £5 threshold to qualify for the service. Free delivery will apply for all items until January 1, but does not apply to goods from third party sellers trading on Amazon. Amazon UK, along with Argos and eBay, is [...]
