Monte dei Paschi needs more cash June 6, 2014 Bailed-out Italian bank Monte dei Paschi di Siena has warned its €5bn share issue may not be enough to bolster its balance sheet if EU regulators force it to set aside more cash to cover for bad loans. In a 515-page prospectus for the cash call, due to start on Monday, Italy’s third-largest bank said [...]
Sberbank aims for 20pc dividend June 6, 2014 Russia’s biggest lender Sberbank plans to keep its dividends at no less than 20 per cent of net profit for the next five years after forecasting 2014 profit on par with last year’s earnings despite a worsening economy and the Ukraine crisis. The economic decline prompted Sberbank to increase bad loan provisions in the first [...]
Classic glory for Hanagan as Taghrooda lands Oaks June 6, 2014 TRAINER John Gosden believes Taghrooda “can handle anything” after the filly earned him a first victory in the Oaks and a maiden Classic triumph for former champion jockey Paul Hanagan at Epsom yesterday. The daughter of former Derby winner Sea The Stars went off priced at 5-1 but romped to a convincing threelength victory ahead [...]
Wiggins poised to quit Team Sky over Tour snub June 6, 2014 FORMER Tour de France winner Sir Bradley Wiggins has conceded that he will have to leave Team Sky if he ever wants to ride in cycling’s most famous race again. Wiggins revealed yesterday that he is set to be left out of the British team’s line-up for this year’s Tour, which begins next month in [...]
Care’s injury was hilarious and his fault, says England coach June 6, 2014 ENGLAND coach Andy Farrell insists he can see the funny side after firstchoice scrum-half Danny Care was ruled out of today’s first Test in New Zealand with a freak injury. Care hurt his shoulder in a training ground fall caused when he mistimed a grubber kick and instead stubbed his toe on the ground. The [...]
Lampard backing Barkley to continue upward trajectory June 6, 2014 ENGLAND vice-captain Frank Lampard admits he sees parallels between Everton youngster Ross Barkley, 20, and the teenage Wayne Rooney who terrorised Euro 2004. Barkley, who could win his sixth cap in tonight’s final World Cup warm-up match against Honduras, shone this week against Ecuador and looks ready to announce himself on the international scene in [...]
Merciless Nadal obliterates Murray’s French Open hopes June 6, 2014 BRITAIN’S Andy Murray is looking forward to returning to his more favoured surface of grass after yesterday’s bludgeoning by Rafael Nadal in the French Open semi-final ended his clay court season. Nadal, who has lost just once at Roland Garros in 10 years, zeroed in on a ninth title in Paris with a ruthless 6-3, [...]
Celtic appoint Norwegian coach June 6, 2014 FOOTBALL: Celtic have named Norwegian Ronny Deila as their new manager on a rolling 12-month contract. The 38-year-old joins the Scottish champions from Stromsgodset, who he guided to the league title last season in his homeland. Deila replaces Neil Lennon, who stepped down in May.
Magpies swoop on Canary Islands June 6, 2014 FOOTBALL: Newcastle have signed 20-year-old Spanish striker Ayoze Perez from Tenerife. Perez, the Magpies’ first summer business, plundered 16 goals from 34 games in the country’s second tier last term. His arrival follows the departures of forwards Loic Remy and Luuk de Jong, who were on loan, and Shola Ameobi.
Yardy sidelined for a month June 6, 2014 CRICKET: Sussex all-rounder Michael Yardy has been ruled out for a month with a torn bicep muscle. Yardy suffered the injury bowling in last week’s T20 Blast match against Glamorgan. The county said he would be able to bat again in around four weeks but would need more time to be resume bowling.