Stenson makes storming start September 19, 2013 GOLF: Sweden’s Henrik Stenson is in pole position to win the FedEx Cup, following a six under par round on the first day of the Tour Championship in Atlanta. Stenson pinched the outright lead from Masters champion Adam Scott with a birdie at the last. England’s Justin Rose is tied sixth on two under par, [...]
Manchester clubs difficult to split in Sunday’s battle September 19, 2013 BEN CLEMINSON AND BILL ESDAILE WITH THE BEST FOOTBALL AND RACING BETS THIS WEEKEND THE Premier League season hasn’t really caught fire yet with last year’s top four all suffering one defeat. Manchester City will probably be the most disappointed as they would really have expected at least 10 points, rather than the seven they [...]
Take the two Irish 33/1 shots to cause big upset in Ayr Gold Cup September 19, 2013 THE William Hill Ayr Gold Cup (3.50pm) is one of the most historic handicaps on the flat racing calendar and it is certainly Scotland’s biggest day’s racing of the whole year. However, although the locals come out in force to celebrate it, they haven’t cheered home a Scottish winner since 1975. That could all be [...]
Ben bottles it as Fed rejects QE tapering September 18, 2013 Stock markets surge as the US Federal Reserve decides not to start rolling back its easy money scheme US treasury yields dive and gold prices rocket after the shock move to wait at least another month Janet Yellen is now the favourite to take over from Fed chairman Ben Bernanke once he leaves his post [...]
Manchester United cashes in on its global megabrand September 18, 2013 MANCHESTER United announced record annual revenues of £363.2m yesterday, with the English football giant massively expanding its commercial income streams. Commercial revenue jumped by 29.7 per cent to an impressive £152.5m in the year to 30 June, with the New York-listed club insisting that there is more to come. “We remain convinced there are huge [...]
Sorry, investors, but Ben Bernanke has got it totally wrong September 18, 2013 FOR the junkies in the markets, the shock news that the Fed’s monetary methadone will continue to flow freely was greeted with jubilation last night. Never mind that QE will only continue at this rate for another few months, and that the delay to tapering was caused by worsening economic growth forecasts, combined with fiscal [...]
Tory row as Boris takes on Osborne’s housing boom September 18, 2013 BORIS Johnson yesterday said only building more houses would help Londoners get on the property ladder – just as chancellor George Osborne denied there is a housing bubble in the capital, and argued subsidising mortgages will help buyers the most. In the week it was revealed house prices rose at almost 10 per cent in [...]
What the other papers say this morning – 19 September 2013 September 18, 2013 FINANCIAL TIMES Criteo seeks $800m Nasdaq IPO Criteo, a French digital advertising company that delivers online ads for brands including Orange and Expedia, has filed for an initial public offering in the US that could value the company at $800m. The flotation will provide an important test of investor demand for the advertising technology sector, [...]
Botin warns red tape will stop banks lending September 18, 2013 SANTANDER’S UK boss said she is trying to lend more to small businesses, but warned excessive regulation will stop banks taking risk and so stop growth taking off. Ana Botin said the bank’s strategy is to shift away from mortgage lending and into small- and medium-sized enterprises (SMEs). But although the government wants more SME [...]
SEC outlines rules to reveal top bosses pay September 18, 2013 AMERICAN companies may be required to disclose the paychecks of senior management and chief executives under a proposal yesterday that Securities and Exchange Commission (SEC) chair Mary Jo White said had caused deep divisions. The US Chamber of Commerce and the center on executive compensation have opposed the measure, calling the data costly to compile [...]