Brussels backs Greece to agree bailout in time August 7, 2015 BRUSSELS knocked back claims yesterday that talks with Greece over its new bailout were going badly. The rebuttal came after German newspaper Bild quoted a government official as saying that reaching a deal by 20 August was not achievable. Greece is due to pay the European Central Bank €3.5bn (£2.5bn) on that day, and must [...]
Fears escalate over tumbling Twitter stock August 7, 2015 SHARES in Twitter continued their downward spiral yesterday, underscoring investors’ mounting concerns over the social media giant’s future. The company’s shares closed down 3.23 per cent, at $27.55 per share – edging ever-closer towards their 2013 initial public offering (IPO) price of $26 per share. Twitter stock has plummeted more than 25 per cent since [...]
Premier League preview: Arsenal now ready to reclaim title, Chelsea to prioritise Europe and Manchester United neeed a striker August 7, 2015 For the first time in more than a decade it feels like the conditions are right and the ingredients in place for Arsene Wenger to add to his three Premier League titles. Read more: Jose swipe as Arsenal land the first blow Retaining the FA Cup and improving on their league position last [...]
Broad joy as he destroys Australia’s Ashes hope August 7, 2015 England lead by 214 after seamer’s 8-15 helps skittle Aussies before lunch ENGLAND paceman Stuart Broad admitted his pride after he produced an extraordinary, career-defining display of 8-15 to give the hosts an iron grip on the Investec Ashes at Trent Bridge yesterday. Nottinghamshire’s Broad wrought havoc on his home ground, tearing through Australia’s batting [...]
Europa League: Bilic bullish as Hammers eliminated August 7, 2015 ASTRA GIURGIU 2 WEST HAM UNITED 1 ASTRA WIN 4-3 ON AGGREGATE WEST Ham manager Slaven Bilic insists he remains confident of a strong Premier League campaign despite crashing out of Europe last night to unheralded Romanian side Astra Giurgiu. A second-string Hammers team paid the price for letting another lead slip as two goals [...]
European Coca-Cola bottling giants line up mega-merger August 6, 2015 THREE huge Coca-Cola bottling companies in Europe are to cut costs by merging, as health-conscious and austerity-hit consumers shy away from sugary, fizzy drinks. Coca-Cola Enterprises (CCE) will combine with German subsidiary CCEAG and Coca-Cola Iberian Partners (CCIP) to create Coca-Cola European Partners, which will have a value of €28bn (£20bn) including debt. The group hopes the [...]
City Moves for 7 August 2015 | Who’s switching jobs August 6, 2015 Brooks Macdonald The wealth management group has appointed Andrew Shepherd as its deputy chief executive. He is currently executive director at the group and joint managing director of Brooks Macdonald Asset Management, which he joined in 2002. IG Group David Horsley has been appointed head of finance at the online trading company. He joins from [...]
Media firms drag on Dow – New York Report August 6, 2015 WALL Street ended sharply lower yesterday as weak earnings reports from media companies stirred fears that more viewers are ditching cable TV, dragging the sector to its worst two-day loss since the financial crisis. The Dow Jones industrial average fell 0.69 per cent to end at 17,419.75 and the S&P 500 lost 0.78 per cent [...]
London house prices: There’s a bold solution to the housing crisis – if councils get out of the way August 6, 2015 Tessa Jowell is the latest mayoral candidate to pledge to build more homes to tackle London’s housing crisis, promising at least 50,000 new properties would be built each year under her watch. The government has also outlined plans for 200,000 new starter homes to be constructed, many also earmarked for the capital. But history tells [...]
It’s time for a London mayor who wants the job – Stephen Greenhalgh August 6, 2015 In September 1993, I was in a bar in New York, a self-styled “British Alehouse” on the Upper East Side. There was a man speaking: “I want to be the next mayor of New York!” he boomed. That man’s name? Rudy Giuliani. And the most striking thing was how much thought he had given – [...]
