Rothschild to snub broker Credit Suisse December 13, 2011 BILLIONAIRE Nat Rothschild is preparing to sideline longstanding adviser Credit Suisse by appointing a new broker for his London-listed mining venture Bumi, City A.M. can reveal. Bumi has held a beauty parade for investment banks that is likely to see either Barclays Capital or Bank of America Merrill Lynch appointed following a decision at the [...]
Legal big hitters lined up for BOA’s Chambers case December 13, 2011 BRITISH Olympic chiefs have hired the big-hitting barrister who helped reduce England footballer Wayne Rooney’s Euro 2012 ban in their fight to protect their controversial lifetime ban on serious doping offenders. Adam Lewis QC, of Blackstone Chambers, is part of a heavyweight legal team assembled by the British Olympic Association, who yesterday formally applied to [...]
Mata backs Lampard to regain place December 13, 2011 CHELSEA forward Juan Mata insists veteran midfielder Frank Lampard will play an integral role his side’s quest for honours this season despite having lost his place in the side. Lampard struck the winner from the penalty spot in Monday’s 2-1 win over Manchester City, which ended the Premier League leaders’ unbeaten start to the season. [...]
Corzine denies telling MF Global staff to raid funds December 13, 2011 FORMER MF Global chief Jon Corzine yesterday told US senators he had never authorised a raid on customer funds at the bankrupt brokerage. Corzine corrected his earlier statements about hundreds of millions of dollars in missing customer money but conceded there were “break the glass” contingency plans at the firm. Last week Corzine told the [...]
Emails suggest Murdoch knew about hacking December 13, 2011 JAMES Murdoch has continued to deny prior knowledge of the full scale of phone-hacking at the News of the World, despite the emergence yesterday of a chain of emails that refer to the potential scope of the voicemail intrusions. Colin Myler forwarded Murdoch (pictured) an email trail on 7 June 2008 discussing the case being [...]
Fletcher to take extended break December 13, 2011 FOOTBALL: Manchester United midfielder Darren Fletcher is to take an extended break from the game after his club announced the Scotland captain is suffering with a chronic stomach illness. The 27-year-old, who has been out of action since the Champions League draw against Benfica on 22 November, has been diagnosed with a chronic inflammatory bowel [...]
Rovers deny financial crisis December 13, 2011 FOOTBALL: Blackburn have released a statement denying the club is heading for financial meltdown. Reports over the weekend claimed the club’s owners, Indian poultry firm Venky’s, had received a demand from the bank to pay £10m to help to pay off the club’s debts. “There is no financial crisis, and there is absolutely no danger [...]
Greece hit by IMF warning and widening public deficit December 13, 2011 GREECE’S yawning public deficit widened in the first 11 months of the year, putting budget targets further out of reach, as the IMF warned that the country was reaching its limit on new taxes and cut its growth forecast. Finance ministry data showed the budget gap of the central government widened 5.1 per cent to [...]
Quins’ Care avoids RFU censure December 13, 2011 RUGBY UNION: England scrum-half Danny Care has escaped disciplinary action from the Rugby Football Union, despite being arrested and fined on suspicion of being drunk and disorderly last weekend. The incident took place following Harlequins’ 21-10 defeat by Toulouse at the Stoop.
Powell set for Brit indoor debut December 13, 2011 ATHLETICS: Former 100m world record holder Asafa Powell will make his British indoor debut at the Birmingham Grand Prix on 18 February.
