Djokovic stunned by Stan January 21, 2014 REIGNING Australian Open champion Novak Djokovic saw his 28-match winning streak ended in yesterday’s quarter-final with Stanislas Wawrinka. The world No2 was beaten 2-6, 6-4, 6-2, 3-6, 9-7 and said: “He showed his mental strength and he deserved to win.” Wawrinka will play seventh seed Tomas Berdych in the last four. Elsewhere, teenager Eugenie Bouchard [...]
Cricket Comment: Time for England to switch captain Cook for Morgan January 21, 2014 EIGHT consecutive defeats against Australia in all formats means a major debrief is essential when the players return home, but even now it is clear that certain changes will be needed. Replacing Alastair Cook as captain of the one-day side is chief among those. Friday’s second match was the final straw; there is no way [...]
City reach Wembley final with record win over sorry West Ham January 21, 2014 MANCHESTER City completed the biggest ever margin of victory in a Capital One Cup semi-final last night with a 3-0 second-leg triumph over West Ham wrapping up a 9-0 aggregate win. City, who last lifted the trophy in 1976, struck in the first half through Alvaro Negredo and Sergio Aguero, before Negredo netted his ninth [...]
Vidic loses Chelsea red card appeal January 21, 2014 FOOTBALL: Manchester United look to overturn a 2-1 Capital One Cup semi-final first-leg deficit against Sunderland tonight without captain Nemanja Vidic. The defender begins a three-match ban after losing his appeal against a straight red card issued in Sunday’s 3-1 defeat at Chelsea.
Salary cap rise for Premiership January 21, 2014 RUGBY UNION: A salary cap for all Premiership clubs will rise to £5m from next season, an increase of £500,000. The total includes £240,000 in academy credits covering players under 24. Club’s can nominate one player to be excluded from the cap.
Public credits private firms far more than government for the UK’s recovery January 20, 2014 Business: 1 Politics: 0 MORE than half of the UK public credit British business with leading the country’s return to growth – while just a quarter think the government was responsible. In a blow to politicians of all parties but especially the coalition, a major new survey released by Edelman today finds that 52 per [...]
Slump in debt trading sends shockwaves across City firms January 20, 2014 BANK shares fell yesterday as fears mounted that global bond trading is facing a prolonged decline, after Deutsche Bank swung to a surprise loss in the final quarter of 2013. The German lender joined Goldman Sachs and Citigroup, who last week reported weak fixed income trading revenues. Deutsche Bank’s shares dived another 5.4 per cent, [...]
IMF to upgrade Britain’s GDP growth forecast January 20, 2014 THE BRITISH economy will grow by 2.4 per cent this year, the International Monetary Fund (IMF) is expected to say today, giving the UK a bigger upgrade than any other economy. The strong forecast is up from the previous forecast from October of 1.9 per cent growth and reflects the scale of the recovery. The [...]
Upbeat investors drive down Euro bond yields January 20, 2014 BORROWING costs hit new lows in Spain yesterday as investors regained faith in the economy’s stability. Troubled countries across the Eurozone’s periphery have all seen surges in investment flows drive down their borrowing costs, with Italy, Ireland and even Greece seeing bond yields plunge. Spanish 10-year borrowing costs fell to 3.69 per cent yesterday, their [...]
We love bubbles – but UK has yet to recover from the last two January 20, 2014 ONE last push – that is all that is needed for the UK stock market to finally bury the ghost of the dot.com bubble and bust. Remarkably, the FTSE 100 has still not got back to the level it reached on the last trading day of the previous millennium, a time of euphoria and irrational [...]
