Defiant Chelsea hit back as FIFA impose transfer ban September 3, 2009 ANGRY Chelsea chiefs last night vowed to launch the “strongest possible appeal” to a sensational FIFA ruling which banned them from making any new signings until January 2011. The Blues were hit with the astonishing penalty after being found guilty of inducing promising youngster Gael Kakuta to breach his contract with French club Lens two [...]
Warm-up to be reviewed after Denly hobbles off September 3, 2009 ENGLAND captain Andrew Strauss says his side may now consider banning playing football as a warm-up after Joe Denly became the second injury casualty in the space of a month. Kent opener Denly hurt his left knee in a collision with team-mate Owais Shah on the outfield at The Oval yesterday ahead of today’s one-day [...]
Oudin strikes again as fancied Dementieva crashes out September 3, 2009 FOURTH seed Elena Dementieva became the first major casualty of the US Open last night after crashing out to American teenager Melanie Oudin. World No70 Oudin, still 17, caused a major shock earlier this summer by knocking out Jelena Jankovic in the third round at Wimbledon. And she claimed another high-profile scalp by beating the [...]
Bloodgate affair will not harm reputation September 3, 2009 WHETHER it be eye-gauging, drugs bans or the bloodgate scandal, it’s probably fair to say the game of rugby has not enjoyed the best of press this summer. But once the Premiership gets underway in all its glory, starting with a Twickenham double-header this Saturday, then it’s simply a matter of time before it’s all [...]
SPORT IN BRIEF September 3, 2009 Fallon seeks winning returnRACING: Kieren Fallon has vowed to hit the ground running when he makes his long-awaited return to the saddle at Lingfield this afternoon. The eyes of the world will be trained on the 44-year-old Irishman, who been away from British racecourses for over three years due to a combination of an Old [...]
London ends lower as all eyes turn to payroll data in the US September 3, 2009 THE FTSE 100 closed lower yesterday, weighed down by energy stocks, though with a rally from miners limited losses ahead of today’s key US non-farm payroll figures. The index closed the session down 20.80 points, or 0.4 percent, at 4,796.75, having traded lower on the first two days of September. But the recent powerful rally, [...]
Strong retail stats boost Wall Street September 3, 2009 US stocks rose yesterday, snapping a four-day losing streak, after stronger-than-expected retail sales data eased concerns about the economy before today’s important jobs data. After sharp falls this week, the broad S&P 500 index finished above 1,000 as retailers’ August sales were joined by a survey showing improvement in the US services sector. Financials and [...]
CITY ANGER AS BROWN SIGNS UP TO BONUS CAP September 3, 2009 THE bitter row over the future of the City intensified yesterday after Prime Minister GordonBrown signed up to a joint Franco-German letter which signalled a fresh, much harsher line against bonuses. The letter to the G20 chairman, coming ahead of today’s meetings, said they should “explore ways to limit total variable remuneration in a bank [...]
JON MOULTON TO LEAVE ALCHEMY September 3, 2009 JON Moulton, the private equity guru, yesterday resigned as head of Alchemy Partners after a spectacular bust-up with his partners. Moulton resigned from the firm he founded 12 years ago following a row over strategy with his deputy Dominic Slade, who is set to take over the top job at the mid-market buyout house. He [...]
Credit Suisse eyes up fund September 3, 2009 SWISS bank Credit Suisse is in talks to buy part of Chicago investment outfit Mesirow Financial, as it looks to extend its foray into the hedge fund arena, US sources said yesterday. The bank, led by chief executive Brady Dougan, is hoping to secure a deal for Mesirow’s investment arm Mesirow Advanced Strategies, which manages [...]