Justineo looks more than a fair bet in the Scarborough Stakes September 10, 2013 BILL ESDAILE PREVIEWS THE OPENING DAY OF THE LADBROKES ST LEGER FESTIVAL THE Ladbrokes St Leger, the world’s oldest Classic, is the highlight of Doncaster’s four-day meeting, but we have some top quality action in the lead-up to the historic race. There isn’t a standout candidate in today’s Listed Scarborough Stakes (3.00pm), certainly not one [...]
Elkaayed can cap a fine day for in-form Varian team September 10, 2013 ROGER Varian had a testing time in August due to the bacterial infection that swept through his yard, but he has bounced back in style and there is no trainer in better form at the moment. He will be hoping for another good day on Town Moor, the venue where he trained his first ever [...]
Apple squares up with new phones September 10, 2013 APPLE last night unleashed its latest salvo in the smartphone war with the launch of the updated iPhone 5s and a lower-cost, brightly coloured iPhone 5c, making its first move into the competitive mid-range market. Despite Apple’s senior vice president Phil Schiller dubbing the iPhone 5s “the most forward-thinking phone perhaps anyone has ever made,” [...]
Boost for City jobs as finance tax dealt blow September 10, 2013 THOUSANDS of jobs in London have been saved after a crucial legal ruling yesterday threatened to derail a large chunk of plans for a financial transactions tax (FTT) in several European states. The European Council’s lawyers said plans to tax all share, bond and derivatives trades by EU institutions wherever they were in the world [...]
Tensions ease after Syria’s vow over chemical weapons yet UN deal hits problems September 10, 2013 SYRIA accepted a Russian proposal to give up chemical weapons and win a reprieve from US military strikes yesterday, but serious divisions between Russia and the US could still block a UN resolution securing the deal. The White House said it was determined to push ahead with a congressional resolution authorising force, while Russian President [...]
What Tesco’s US debacle tells us about the wisdom of markets September 10, 2013 EVER since the nineteenth century, the leaders of businesses quoted on the stock exchange have bemoaned investors’ supposedly fickle nature, inability to understand their firms, general competence, and more recently, their relative youth and inexperience. So when back in 2010, Sir Terry Leahy, Tesco’s then boss, complained that fund managers were too risk averse and [...]
Battle lines drawn over HS2 rail link September 10, 2013 New report claims line will boost UK’s economy by £15bn …but critics remain unconvinced MINISTERS will today launch a fightback in support of the High Speed 2 (HS2) railway project – as a government-commissioned KPMG report claims the project would boost the UK economy by £15bn a year. Transport secretary Patrick McLoughlin will use a major [...]
What the other papers say this morning – 11 September 2013 September 10, 2013 FINANCIAL TIMES Barclays face Saudi damages claim A prominent Saudi businessmen has taken legal action against a US law firm in a preliminary step toward suing Barclays for what he says are damages of potentially as much as $10bn. Mr Jaber and his company allege that Barclays conducted “corrupt activities” in Saudi Arabia that ultimately [...]
Tesco relief as US tycoon takes on Fresh & Easy September 10, 2013 TESCO has finally put an end to its ambitious bid to crack the US market after agreeing yesterday to sell its Fresh & Easy business to American billionaire Ron Burkle. The supermarket giant is expected to take a £150m hit on the divestment to Buckle’s investment vehicle Yucaipa, which will take on 150 [...]
One-bedroom luxury flat up for sale for £5.2m after repossession September 10, 2013 A ONE bedroom flat in London’s most expensive residential development One Hyde Park was back on the market yesterday after being repossessed – with a price tag of £5.25m. Estate agents Strutt & Parker have been appointed by receivers to sell the 988 square feet apartment. They declined to disclose the previous owner, however it [...]
