BSkyB and BT spent £3bn to show Premier League June 14, 2012 Shares in BskyB and BT have fallen after markets reacted to their decision to pay £3bn to receive legal rights to broadcast English Premier League football. BSky’s shares fell by seven per cent and BT’s by three per cent. BT is to show 38 games a season in 2013-14 and the remaining 116 games will [...]
Eurozone concerns and football bid war keep FTSE pinned back June 14, 2012 The FTSE 100 fell back in early trading, reversing the previous session’s gains, with Eurozone concerns dominating after Spain’s debt rating was downgraded and Italy faces up to a crucial bond auction. Last night credit ratings agency Moody’s slashed its rating on Spanish government debt by three notches to ‘Baa3’ from ‘A3’, saying the newly-approved [...]
Shell extend deadline for Cove Energy bid June 14, 2012 Oil giant Royal Dutch Shell this morning extended the deadline for shareholders in Cove Energy to accept its $1.8bn offer for the firm. But Shell has only received acceptances from five per cent of shareholders and analysts expect the takeover battle has longer to run. Shell and Thai firm PTT have been vying to acquire [...]
Nokia to cut 10,000 jobs June 14, 2012 Finnish mobile phone manufacturer Nokia announced today that it will cut a further 10,000 jobs, while warning that its second-quarter losses will be worse than expected. The latest announcement takes the total number of planned jobs cuts at the group to more than 40,000 since Stephen Elop took over as chief executive in September 2010 [...]
Moyes in frame as Redknapp leaves Spurs June 13, 2012 TOTTENHAM manager Harry Redknapp’s reign came to an abrupt end last night. Redknapp and Spurs chairman Daniel Levy had been due to meet in an attempt to resolve increasingly tense discussions over a new contract. But rather than mend his differences with the north London club’s hierarchy, Redknapp has parted company with them, despite a [...]
Van Marwijk: We were too tired to beat Germany June 13, 2012 HOLLAND 1 GERMANY 2 HOLLAND manager Bert van Marwijk blamed his player’s conditioning after last night’s 2-0 defeat to Germany brought them to the brink of elimination from the European Championship. Two masterful finishes from striker Mario Gomez gave Germany complete control, even after a typically-powerful strike from Arsenal’s Robin van Persie, leaving Van Marwijk’s [...]
Murray falls at Queen’s Club first hurdle June 13, 2012 BRITISH No1 Andy Murray last night dismissed concerns his shock second-round exit from the Aegon Championships will derail his chances of winning a first grand slam at Wimbledon next month. Murray lost 3-6, 7-6 (7-4), 6-7 (1-7) to Frenchman Nicolas Mahut, the world No65, in his first match and failed to perform anywhere near his [...]
Di Matteo gets permanent deal after four-week wait as Chelsea chief insists he was clear choice June 13, 2012 CHELSEA chiefs last night insisted Roberto di Matteo had been the “clear choice” to be their next manager after confirming the Italian’s appointment on a two-year contract. Di Matteo took over on a temporary basis in March following the sacking of Andre Villas-Boas and transformed a flagging side, leading them to the FA Cup and [...]
Gerrard not an injury concern June 13, 2012 ENGLAND manager Roy Hodgson has dismissed fears that his team’s European Championship campaign could be derailed by the inability of key midfield pair Steven Gerrard and Scott Parker to cope with a demanding schedule. Hodgson can ill afford to see captain Gerrard or ball-winner Parker become the latest to suffer injuries but believes they are [...]
Springboks whitewash is no disaster, insists Greenwood June 13, 2012 ENGLAND World Cup winner Will Greenwood believes current coach Stuart Lancaster can survive a 3-0 Test whitewash in South Africa, provided results improve in the autumn internationals. Greenwood has thus far been impressed with Lancaster’s long-term project and believes England’s 22-17 Durban defeat to South Africa provides cause for optimism ahead of Saturday’s second Test [...]
