Fleetwood settles for second spot April 27, 2014 GOLF: England’s Tommy Fleetwood finished runner-up at the China Open yesterday, four shots behind Alexander Levy of France who claimed his first European Tour victory. World No3 Henrik Stenson shot a final round of 65 to tie for fifth place with Ian Poulter. In New Orleans, Justin Rose placed tied-eighth in the Zurich Classic, six [...]
Finn back firing on all cylinders April 27, 2014 CRICKET: Middlesex seamer Steven Finn gave the England selectors a reminder of his credentials, taking 4-50 as Yorkshire were dismissed for 178 on day one of their County Championship Division One match at Lord’s. The home side closed on 64-3 in reply.
Sharapova claims Porsche title April 27, 2014 TENNIS: Former world No1 Maria Sharapova came from behind to win her third consecutive Porsche Tennis Grand Prix title in Stuttgart yesterday, beating Ana Ivanovic 3-6, 6-5, 6-1. Top seed Grigor Dimitrov beat Lukas Rosol in the Nastase Tiriac Trophy final in Bucharest, 7-6, 6-2.
Ouseph wins European silver April 27, 2014 BADMINTON: Commonwealth silver medallist Rajiv Ouseph won silver at the European Championships in Kazan yesterday, losing to top seed Jan Jorgensen 21-18, 21-10 in the final. England has not had a European singles champion since Steve Baddeley won in Moscow in 1990.
Firms face pay revolt April 24, 2014 TWO MORE large British firms have been hit by showdowns with shareholders, as revolts over executive performance and pay gather pace. With the AGM season hotting up, pharmaceuticals giant AstraZeneca was last night rocked by figures that showed over half of its shareholder base failing to back the latest remuneration report. Of those who voted, [...]
Gherkin in a pickle: iconic tower is bust April 24, 2014 THE CITY’S iconic Gherkin tower has fallen into receivership after its owners failed to strike a restructuring deal over its mounting debt-pile, paving the way for a likely sale of the skyscraper. Lenders to 30 St Mary’s Axe have handed the keys to receivers Deloitte after a tranche of the debt secured against the building [...]
Barclays: We had to hike pay to keep our best staff April 24, 2014 BARCLAYS had to hike bonuses to stop key US units disintegrating at the end of 2013, the bank’s chairman said at its annual general meeting yesterday. Sir David Walker defended the 10 per cent rise in the bonus pool last year while profits fell, in the face of angry opposition from some shareholders. The rise [...]
The hidden costs of low interest rates are hurting the economy April 24, 2014 WE ALL know the dangers of high interest rates: borrowers end up having to fork out more, some people and companies with high amounts of debt will go bust, and the reduced disposable incomes and profits hit economic growth. But a policy of permanently low interest rates comes with its own distortions and risks. UK [...]
What the other papers say this morning – 25 April 2014 April 24, 2014 FINANCIAL TIMES Google+ chief out ahead of shake-up The Google executive who led its attempt to challenge Facebook in social networking is leaving the company, ahead of changes to the service. Vic Gundotra, a former Microsoft executive who has spent almost eight years at the search firm, launched Google+ in June 2011, with the stated [...]
Big investors fighting back against execs April 24, 2014 STANDARD Life Investments and F&C Investments both voted against the 2013 remuneration report, objecting to bigger bonuses at Barclays. In a highly unusual move, Standard Life’s Alison Kennedy spoke out at the AGM, a strong signal of the institution’s anger at the bonuses. “We are unconvinced that the amount of the 2013 bonus pool was [...]
