Odeliz can finally net the Group prize that she richly deserves June 4, 2015 THE Investec Derby Festival gets underway with this afternoon’s Princess Elizabeth Stakes (2.00pm) where Karl Burke’s ODELIZ is going to take all the beating. This five-year-old mare hasn’t won since September 2013, but that doesn’t tell the whole story. She has run some fine races in defeat, notably when beaten just a length by Thistle [...]
Crunch talks June 3, 2015 Greek PM dines late into the night with euro chiefs as his country’s default looms…yet the group emerges from the meal without a deal on the table THE PRIME Minister of Greece was locked in showdown talks with top Eurozone officials until the early hours of this morning, with the beleaguered state facing a possible [...]
Birds Eye owner Nomad Foods gets taste for Findus takeover deal June 3, 2015 Birds Eye owner Nomad Foods is in talks to buy Crispy Pancake maker Findus, in a deal which would cement the firm’s dominance in the frozen food market. Nomad, an acquisition vehicle for hedge fund tycoon Noam Gottesman and consumer boss Martin Franklin, said it was in exclusive early stage talks with the owners of [...]
Paulson gives $400m to his old uni Harvard June 3, 2015 UNIVERSITY donations reached new heights yesterday after acclaimed hedge fund mogul John Paulson gave $400m (£261m) away to his alma mater Harvard. The huge donation gives Harvard the upper hand in its longstanding rivalry with Yale, which just last month received a donation worth $140m from Blackstone founder Stephen Schwarzman. Paulson, who runs hedge fund [...]
Labour leader candidates pressure PM over pay rise June 3, 2015 THREE Labour leadership hopefuls have rejected a proposed pay rise for MPs, saying that they would not take the salary increases if they go into effect later this year. Andy Burnham, Liz Kendall and Yvette Cooper have all made clear that they oppose the recommendations of the Independent Parliamentary Standards Authority (IPSA), which said earlier this [...]
Plastic eclipses paper cash as card payments soar to £600bn June 3, 2015 Three quarters of all retail spending is now conducted by card, with transaction volumes topping £600bn during 2014 according to new research by The UK Cards Association released today. Data compiled by the industry body revealed over £19,000 was spent on card every second last year, partially driven by the increased use of contactless payments [...]
Morrisons clings to its position in FTSE 100 index June 3, 2015 MORRISONS yesterday narrowly escaped eviction from the FTSE 100 after being saved at the eleventh hour by strong retail figures. Inmarsat was yesterday promoted to Britain’s premier share index, while power company Aggreko was relegated to the FTSE 250. Bradford-based Morrisons had been widely expected to be demoted after suffering a decline in sales, profit [...]
Yahoo! will stream Wembley NFL clash between Buffalo Bills and Jacksonville Jaguars live around the world June 3, 2015 Yahoo! has announced that it will live stream the American football match that will be played in October at Wembley Stadium, to a global audience. The deal is reported to be worth about $10m (£6.5m), although the price has not been disclosed. The match, which will be between the Buffalo Bills and the Jacksonville Jaguars, [...]
Project Jacquard: Google and Levi’s to launch world’s first pair of “smart” jeans June 3, 2015 Google is to team up with Levi’s to manufacture the world’s first pair of “smart” jeans. The digital denim will be made using a revolutionary new fabric interwoven with conductive material. The firms have not revealed exactly what the jeans will be capable of, but the technology can be used to interact with smartphones [...]
Former Barclays chiefs Sir David Walker and Martin Taylor clash in Bank of England ringfence row June 3, 2015 A pair of big City beasts clashed yesterday over the incoming ringfence, designed to split retail from investment banking, one of the key structural reforms being introduced after the financial crisis. To make matters more juicy, they are both former bosses of Barclays. Sir David Walker, chairman from 2012, in the wake of the Libor [...]
