Saudi wealth lures Barclays September 14, 2009 BARCLAYS is planning to push into the private banking arena in Saudi Arabia to take advantage of the concentration of high net worth individuals in the region’s largest economy. Soha Nashaat, chief executive of Barclays private banking in the Middle East and North Africa, said Saudi Arabia was “massive in terms of percentage of GDP [...]
Goldshield is in buyout talks September 14, 2009 GOLDSHIELD, the generic drugs firm, yesterday confirmed it is in advanced talks with AIT, a buyout alliance that includes the firm’s former chief executive, over a possible takeover. AIT, formed of pharma firm Neopharm and Goldshield’s ex-boss Ajit Patel, said earlier it was carrying out due diligence on the group. Patel left the firm in [...]
Shock as Del Potro ends Federer reign September 14, 2009 SIXTH seed Juan Martin del Potro stunned world No1 Roger Federer to win his first Grand Slam in an epic US Open final last night. The Argentinian 20-year-old twice came from a set down to end Federer’s five-year reign of glory at Flushing Meadows and deny him a 16th major title. The Swiss star, arguably [...]
Clijsters completes dream comeback September 14, 2009 KIM CLIJSTERS completed an amazing return to Grand Slam tennis with victory at the US Open – and then admitted that winning wasn’t part of the plan. The Belgian, 26, was playing in her first major after coming out of a 27-month retirement in August. And she created history by becoming the first ever wild [...]
Eduardo dive ban scrapped in Uefa U-turn September 14, 2009 ARSENAL striker Eduardo last night declared himself happy that “the truth” had come out after European chiefs Uefa performed a remarkable U-turn and overturned his two-match ban for diving. The Croatia international’s tumble over Celtic goalkeeper Artur Boruc during last month’s Champions League play-off clash, which Arsenal won 5-1 on aggregate, earned him a penalty [...]
Ancelotti laughs off European pressure September 14, 2009 CHELSEA manager Carlo Ancelotti insists his survival at Stamford Bridge does not depend on delivering the club’s first European Cup. Ancelotti, who has lifted the trophy twice as a player and twice as a coach, begins his first Champions League campaign as Blues boss tonight against Porto. The Italian’s European pedigree was one of the [...]
Top-flight clubs approve tougher financial rules September 14, 2009 CLUBS could be banned from making transfers if the Premier League judges them to be in danger of falling into administration, under sweeping financial changes announced yesterday. The new rules, which were agreed by top-flight chairmen this week and are already in effect, require clubs to submit annual audited accounts and future financial plans. If [...]
Ferguson already dreaming of Barcelona final vengeance September 14, 2009 MANCHESTER UNITED boss Sir Alex Ferguson is confident last season’s surrender to Barcelona will never be repeated after dissecting every aspect of his side’s preparation for the final – right down to their choice of hotel. As he prepares to lead his side against Besiktas in Turkey this evening, their first Champions League fixture since [...]
Broad issues a rally cry to England flops September 14, 2009 FAST bowler Stuart Broad has called on England’s one-day flops to learn from their previous mistakes as they look to avoid a humiliating series whitewash to Australia. A string of poor batting performances have seen Andrew Strauss’s men crash to four straight defeats in the 50-over format.The fifth game of the seven-match series takes places [...]
England’s Flutey out for up to three months September 14, 2009 ENGLAND manager Martin Johnson suffered another blow to his preparations for the autumn internationals yesterday when centre Riki Flutey was ruled out for the entire programme. Flutey, who joins full-back Delon Armitage in the treatment room, will be sidelined for up to three months with a shoulder injury. The Brive and British and Irish Lions [...]
