CITY MOVES | WHO’S SWITCHING JOBS January 23, 2012 Avoca Capital Avoca Capital, the European credit investment manager with €6bn assets under management, has strengthened its sales and marketing capabilities by appointing Rachel Black as head of capital raising for the credit hedge fund team, based in the London office. Black joins from Concerto Asset Management, where she was head of marketing and business [...]
FTSE hits a six-month high as Greek fears recede January 23, 2012 BRITAIN’S top share index hit a six-month closing high yesterday, fuelled by banks and commodity stocks, as fears receded over the potential for a messy Greek default in Europe’s debt crisis. The UK benchmark index ended up 54.01 points, or 0.9 per cent, at 5,782.56, its highest close since 29 July. Banks rose, with investors [...]
US stocks pause after rally January 23, 2012 US stocks ended little changed yesterday as investors took a pause from a recent rally, awaiting earnings from bellwethers such as Apple later in the week. The S&P 500 is up nearly five per cent so far this year as an improving US economy has boosted investor optimism. The Dow and S&P 500 both had [...]
Redknapp used account in dog’s name for bungs, court told January 23, 2012 Trial begins into claims 64-year-old avoided tax Jury told Spurs boss had secret Monaco account Redknapp and Mandaric deny charges TOTTENHAM manager Harry Redknapp received “bungs” totalling almost £200,000 into an offshore account in the name of his pet dog and deliberately dodged paying tax on the sums, a court heard yesterday. Redknapp, who is [...]
Balotelli hit with FA charge January 23, 2012 MANCHESTER CITY striker Mario Balotelli could miss tomorrow’s Carling Cup semi-final second leg against Liverpool and three crucial Premier League games after he was charged with violent conduct by the Football Association for appearing to stamp on Tottenham’s Scott Parker. The Italian striker, who won and converted the decisive penalty in Sunday’s 3-2 win over [...]
Spurs ready to overtake rivals Arsenal January 23, 2012 THE CIRCUMSTANCES of Tottenham’s defeat at Manchester City on Sunday will have stung Harry Redknapp, but he should seek significant consolation in the fact his side’s performance confirmed a shift in the balance of power in north London. To have retrieved a two-goal deficit and come within a few centimetres of beating the champions-elect underlined [...]
Murray blasts boring win as Brit bags last-eight slot January 23, 2012 BRITAIN’S Andy Murray described his 49-minute win over Mikhail Kukushkin as “boring” and “pointless” after taking his place in the Australian Open quarter-finals. The fourth seed was leading 6-1, 6-1, 1-0 when his Kazakh opponent, ranked 92 in the world, was forced to retire with a hip injury. “It was boring,” said Murray. “There was [...]
Djokovic foils gutsy Hewitt January 23, 2012 REIGNING champion Novak Djokovic hailed his first major test of the year after extinguishing a rousing comeback from home favourite Lleyton Hewitt to claim his place in the Australian Open quarter-finals. World No1 Djokovic lost his way after racing into a two-set lead and, having allowed faded star Hewitt to claw one back, was forced [...]
Unseeded Makarova dumps Serena January 23, 2012 FIVE-TIME champion Serena Williams blamed a litany of mistakes after crashing out of the Australian Open to unseeded Russian Ekaterina Makarova. The American was guilty of seven double faults and 37 unforced errors as Makarova claimed the most notable scalp of her career 6-2, 6-3. “She played really well, she went for broke on a [...]
Cook promises to lead fightback from the front January 23, 2012 ENGLAND batsman Alastair Cook insists he and fellow opener Andrew Strauss should be trusted to create a platform from which their side can strike back against Pakistan. England trail the three-match series 1-0 after last week’s 10-wicket defeat in Dubai which featured two abject batting collapses. The pitch at the Sheikh Zyed Cricket Stadium heavily [...]
