Ashe set for surprise Scotland debut June 26, 2014 RUGBY UNION: Flanker Adam Ashe has been named in the Scotland team to face South Africa tomorrow in Port Elizabeth, despite having never played for club side Glasgow Warriors. The highly-rated 20-year-old had been training at Canterbury University in New Zealand after being awarded a scholarship to help promising young players maximise their potential.
Derby rivals go head-to-head again June 26, 2014 HORSE RACING: Investec Derby one-two Australia and Kingston Hill are set to renew their rivalry again tomorrow having been declared as runners in the Irish Derby. Australia is one of four horses from trainer Aidan O’Brien’s stable, with Geoffrey Chaucer, Kingfisher and Orchestra all due for outings at Curragh. Australia has been installed as the [...]
Mark Johnston’s Oriental to outfox them in Northumberland Plate June 26, 2014 ONE OF the great staying races of the calendar, the Northumberland Plate at Newcastle (3.50pm), is the feature tomorrow. I’m keen on the chances of ORIENTAL FOX to go one better than his short-head second last year and scoop the £86,226 prize for Mark Johnston and Joe Fanning. He has to carry top-weight but, in [...]
Etihad Airways attempts to save debt ridden Alitalia in deal June 26, 2014 ETIHAD Airways, Abu Dhabi’s state owned airline, said yesterday it had agreed a deal in principle to buy a 49 per cent stake of troubled Italian carrier Alitalia. Alitalia, Italy’s flag-carrier airline, has rarely made a profit in its 68-year history. It was propped up with large state subsidies before being privatised in 2008, and [...]
What the other papers say this morning – 26 June 2014 June 25, 2014 FINANCIAL TIMES Fed warns banks of tougher tests The Federal Reserve has warned banks in the US that tests of their ability to survive a financial crisis will be made tougher – with new risk assessments and regular checks to ensure they fix any weaknesses identified in the process. Fed governor Daniel Tarullo, who is [...]
Amazon’s lockers arrive in London Tube station car parks June 25, 2014 Amazon has introduced new lockers at Finchley Central and Newbury Park tube station car parks in a partnership between the online retail giant and Transport for London that will let customers collect their purchases at the lockers – like they can do in some Tesco, Asda and Sainsbury’s car parks. Amazon has lockers in over [...]
Salad days for Chop’d as it is served up £2m June 25, 2014 CHOP’D, the salad bar chain founded in the City’s Leadenhall Market 10 years ago, has secured £2m of investment from private equity fund manager Calculus Capital. The group, set up by former Lloyds bank manager Eddie Holmes (above) and gastropub owner Jasper Wight, said it will use the proceeds to triple in size from nine [...]
Woodford fund captures £1.6bn from investors June 25, 2014 THE POWER of City fund manager Neil Woodford’s reputation was on display yesterday after his new fund lured a record £1.6bn from retail investors. The new venture, the CF Woodford Equity Income Fund, launched earlier this month and had been the highest profile launch for intermediaries ever. The fundraise dwarfs similar high-profile launches such as [...]
C&J in $2.86bn fracking tie-up June 25, 2014 Fracking equipment suppliers C&J Energy Services yesterday announced a merger with Nabors’ oilfield completion and production services business in a $2.86bn (£1.68bn) deal. The deal will give the combined company a greater foothold in the hydraulic fracturing services industry. Josh Comstock, C&J founder and chief executive, said: “Among many key strategic benefits of this… is accelerated [...]
Barnes & Noble to spin off Nook e-readers June 25, 2014 US bookstore Barnes & Noble will split into two companies by the first quarter of next year. The retail stores will separate from Nook Media, which sells an e-reader device, the Nook, along with e-books. Barnes & Noble’s Nook device has struggled to compete in the e-reader tablet market. Last quarter, Nook posted a 22 [...]
