Stenson’s superb run rolls on to land FedEx Cup and £6.25m prize September 22, 2013 IN-FORM Henrik Stenson feels he is playing the best golf of his career after continuing his outstanding season yesterday with a wire-to-wire victory in the Tour Championship to land the FedEx Cup and $10m (£6.25m) prize. Stenson’s two under par round of 68 saw him win by three shots from American pair Jordan Spieth and [...]
Panesar in bid for Ashes call September 22, 2013 ENGLAND’S selectors will reveal at lunchtime today if spinner Monty Panesar has won a reprieve from cricket’s hierarchy and a squad place for this winter’s Ashes series. Panesar has worked his way back into contention having been fined by police after urinating on bouncers outside a Brighton nightclub last month. Other hopefuls for the 17-man [...]
Breakaway cup named September 22, 2013 ENGLISH and French clubs plan to call their proposed breakaway competition the Rugby Champions Cup and are pressing ahead with plans to start next season. Premiership Rugby, which runs the English top flight, said the tournament would also be open to Celtic and Italian teams. European Rugby Cup, which runs the Heineken Cup and Amlin [...]
Fury demands rematch with Haye September 22, 2013 BOXING: British heavyweight Tyson Fury yesterday insisted that a new date be found to fight David Haye, after their contest – set for this Saturday – was cancelled. Haye called off the fight and posted a photo of a cut over his eye. “Get this Bollywood clown of a fighter back in the ring,” Fury [...]
England make winning start September 22, 2013 NETBALL: England began their three Test series against South Africa with a keenly contested 49-38 victory at Bath yesterday. Wembley Arena hosts the second Test on Wednesday and the series concludes on Friday at Worcester.
A whale of a fine for JP Morgan September 19, 2013 JP MORGAN was yesterday hit with a giant-sized £570m fine for failures leading to the London Whale scandal, where bosses did not notice a derivatives trader building huge positions that eventually lost the bank $6.2bn (£3.9bn). Initially traders tried to hide the problems from their supervisors, beginning in 2007. But watchdogs say by 2012 executives [...]
Iceland PM says UK bubbles risk bank collapse September 19, 2013 BRITAIN has failed to learn from the financial crisis and is building up the same problems that led to the collapse of Iceland’s banks, Iceland’s Prime Minister told City A.M. yesterday. Lenders in Europe and the UK are still encouraged to lend to borrowers who want to invest in bubble-prone assets, like stocks and housing, [...]
Foxtons and RBS ride heady markets to raise £1bn September 19, 2013 STRONG demand for shares in Foxtons, the London-focused estate agency chain, was last night expected to push the group’s valuation up to around £650m, as it emerged that RBS had also taken advantage of recent buoyancy in the equity markets to sell another portion of its holding in Direct Line insurance. The RBS sale of [...]
Dubai is opening a massive new airport. So why can’t we? September 19, 2013 BRITAIN’S inability to expand our airport capacity is inevitably met with complete bafflement in other, more ambitious parts of the world. In the nineteenth century, the naval trade allowed London to grow into a great, global metropolis; in the 21st century, planes have replaced boats as an essential driver of business travel, tourism and growth. [...]
New dawn for Japan land prices after 20-year slump September 19, 2013 THREE major cities in Japan now have climbing land prices, bucking the deflation that had sent assets back down to values last seen in the 1970s. Japan’s land prices have collapsed since their peak in 1990, sliding downward every year for more than two decades, and becoming a symbol of Japan’s ongoing challenge with price [...]
