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By: City A.M. Reporter

All 2873 Articles
  • Murray hopes crushed as Nadal scales new heights

    July 3, 2008

    Britain’s dream of a home-grown Wimbledon champion was rudely awoken last night when second seed Rafael Nadal mercilessly dispatched Andy Murray in straight sets. British No1 Murray looked jaded from Monday’s epic five-set comeback against Richard Gasquet and was no match for Nadal, who swept into the semi finals 6-3, 6-2, 6-4. The Scot, playing [...]

  • There’s no business like l’eau business, but is it all just an expensive con?

    July 3, 2008

    As more bottled water comes on the market, can anyone tell the difference? A time comes in the life of any product that it goes from being naff, to being promoted by a Beckham. Last week a story emerged – was it leaked, perhaps? – that David B, the model and sometime footballer, is to [...]

  • Police arrest 1,200 in knife crackdown

    July 3, 2008

    Police have arrested 1,214 people in London during a six-week crackdown on knife crime, Scotland Yard said yesterday. Officers found 528 knives after conducting nearly 27,000 searches during Operation Blunt 2, launched after Boris Johnson was elected London Mayor in May pledging to tackle knife crime in the capital. Metropolitan Police Commissioner Ian Blair announced [...]

  • Tsvangirai snubs unity talks

    July 3, 2008

    Zimbabwean opposition leader Morgan Tsvangirai yesterday rejected talks on a unity government, saying President Robert Mugabe must first stop violence and accept him as the rightful election winner. African Union leaders called at a summit on Tuesday for the two sides to negotiate to end the crisis after Mugabe’s re-election in a 27 June ballot [...]

  • Despite the gloomy market, investors still have something to cheer about

    July 3, 2008

    Look beyond the doom-mongering, and there is still money to be made in property, says Alex Delmar-Morgan Property is a subject close to the hearts of the British people, and many home-owners have been chuffed over the past few years to see the prices of their properties increasing at massive rates. Surely, though, even the [...]

  • Murray: I’ve shown I’m as good as Nadal

    July 2, 2008

    British No1 Andy Murray insists he has what it takes to cause a huge upset and knock world No2 Rafael Nadal out of Wimbledon today. Murray thrilled Centre Court with a five-set win over Richard Gasquet on Monday, but goes into his first Grand Slam quarter-final as the underdog, having lost his three previous matches [...]

  • Games fans lift HMV fortunes

    July 2, 2008

    HMV, the UK’s leading music retailer, reported yesterday a 25 per cent jump in pre-tax profits. The company told investors its recovery is on track after the first year of its three-year turnaround plan. Strong video game sales helped pre-tax profits soar to £56.6m, up from £45.2m in 2007. Games and technology sales rose 7 [...]

  • Tanfield dives after profits warning

    July 2, 2008

    Electric vehicle maker Tanfield crashed more than 80 per cent after warning its profits would be drastically hit by the economic slowdown. Stunned City investors questioned the management’s credibility after the Tyne and Wear-based company gave no hint of what was to come in a statement issued on Friday in response to its share price [...]

  • Six-star hotel in City

    July 2, 2008

    Russian oligarch Vladimir Chernukhin is set to transform a landmark City building into London’s first six-star hotel. Chernukhin, a former Russian Deputy Finance Minister, was yesterday granted planning permission to redevelop the former Midland Bank headquarters – the imposing Grade 1 listed building situated on Poultry behind the Bank of England – into a luxury [...]

  • Four top UBS directors quit

    July 2, 2008

    Swiss banking giant UBS yesterday started the process of rebuilding its reputation and placating shareholders by announcing major board changes. UBS, which has written down more than $37bn during the credit crunch, said four of its senior boards members – Stephan Haeringer, Rolf Meyer, Peter Spuhler and Lawrence Weinbach – would step down on 2 [...]

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