New York Report: Retailers lead a broad drop on Wall Street May 20, 2014 US STOCKS fell in a broad sell-off yesterday, with major indexes hitting session lows in afternoon trading, led by losses in the retail sector after disappointing results from Staples and TJX Companies. All 10 primary S&P 500 sector indexes fell, and nearly three-fourths of Nasdaq-listed names were down for the day. The S&P 500’s top [...]
Letters to the Editor – 21/05 – Miraculous Modi May 20, 2014 Miraculous Modi [Re: Why India’s political earthquake is the most significant turning point of 2014, Monday] John Hulsman’s euphoric eulogy on India’s “political earthquake” is fully understandable, but may I put forward some reservations? Newly elected Prime Minister Narendra Modi may want to clear India’s Augean Stables – the corruption that has been strongly embedded [...]
Investment Comment: How to invest in markets that are now hitting all-time highs May 20, 2014 The UK and US are consistently beating growth expectations – but sensible investors should proceed with caution THE GOOD news? The UK economy is recovering very well, consistently beating growth expectations. We’re seeing increasing levels of merger and acquisition activity, while the FTSE 100, S&P 500 and Dow Jones indices have all been at, or [...]
City will risk further FFP sanctions to win trophies May 20, 2014 MANCHESTER City chairman Khaldoon Al Mubarak insists his club will not compromise their pursuit of glory by altering the way they operate in future, even if it means risking further Financial Fair Play sanctions. The newly-crowned Premier League champions, along with seven others including French giants Paris Saint-Germain, were found to have breached FFP regulations [...]
Allardyce told to turn West Ham into Premier League entertainers May 20, 2014 WEST Ham’s board have ordered manager Sam Allardyce to change his style of football and deliver a top-half finish in next season’s Premier League table. Despite having all-but secured their top flight status by the end of March, the Hammers fans made plain their contempt for Allardyce as they suffered five defeats from their final [...]
Dyke: FA cannot sack Scudamore May 20, 2014 SACKING Premier League chief Richard Scudamore is not a job of the Football Association, chairman Greg Dyke has reiterated. Scudamore, 54, was forced to apologise following the publication of sexist emails sent from a personal account and escaped the sack this week following a meeting with 17 Premier League clubs. Dyke condemned what was written [...]
Suitors form a queue for Cole May 20, 2014 EIGHT clubs are believed to have expressed an interest in signing former England left-back Ashley Cole, after he confirmed his eightyear stay at Stamford Bridge is set to end this summer. The 33-year-old retired from international football last week after being left out of England’s World Cup squad and on Monday night revealed on his [...]
Van Gaal targets instant success May 20, 2014 NEW Manchester United manager Louis van Gaal insists recapturing the Premier League title is possible next season. United ended the current campaign 22 points behind champions Manchester City in seventh place, their lowest finishing position since 1990. But Van Gaal believes the instant success he experienced at Barcelona and Bayern Munich can be replicated at [...]
Toure quit threat after birthday blues May 20, 2014 MIDFIELDER Yaya Toure’s future at Manchester City was shrouded in doubt last night, after the Ivorian was upset that the club failed to acknowledge his 31st birthday. His agent, Dimitri Seluk, revealed Toure felt the club’s owners had shown him a lack of respect after failing to shake his hand and wish him happy birthday [...]
Morgan makes no excuses as England take eye off the ball May 20, 2014 ENGLAND captain Eoin Morgan last night refused to make excuses for a series of fielding errors which saw his side fall to Sri Lanka by nine runs in their Twenty20 international at the Oval. Morgan opted to bowl first after winning the toss, but his team were made to pay when Thisara Perera was given [...]
