Watchdog gives SABMiller green light for Foster’s deal September 28, 2011 Australia’s competition watchdog has given the go-ahead to SABMiller’s $10bn (£6bn) friendly acquisition of brewer Foster’s Group as expected, saying the bid would not lessen competition. SABMiller and Foster’s last week agreed on a sweetened A$9.9bn takeover deal. “The proposed acquisition is not likely to result in a substantial lessening of competition for the supply [...]
Man Group shares dive as client funds pulled in volatile trading September 28, 2011 Man Group saw clients pull out $2.6bn (£1.6bn) of cash in the three months to the end of September, as volatility in world markets knocked the world’s largest listed hedge fund manager’s recovery from the credit crisis off course. The company’s shares plunged by up to 20 per cent in early trading. The firm, which [...]
Liberalism is left for dead by Labour September 28, 2011 YOU’VE probably never heard of Ivan Lewis, a rather obscure Labour politician. But yesterday Lewis, the shadow culture secretary, unveiled an astonishingly sinister proposal which threatens free speech and media plurality in the UK like never before: he called for a register of journalists, with anybody deemed not fit struck off and banned. Of course, [...]
It’s all over: Mancini will never pick Tevez again as City implode September 27, 2011 BAYERN MUNICH 2 vs MANCHESTER CITY 0 MANCHESTER CITY manager Roberto Mancini insists Carlos Tevez has no future at the club while he is at the helm, after the Argentina striker refused to come on as a substitute during last night’s comprehensive Champions League defeat in Munich. Having taken just one point from their first [...]
Stevens vows England will be ready for Scotch wrath September 27, 2011 Armitage also talks up threat posed by Pool B showdown ENGLAND prop Matt Stevens is ready and itching to return to the pack for a heavyweight World Cup clash with Scotland on Saturday. Stevens missed last week’s drubbing of Romania with an ankle injury but is fit again for the final, decisive fixture in Pool [...]
Ferguson fumes as sloppy United show signs of weakness September 27, 2011 MANCHESTER UTD 3 vs FC BASEL 3 MANCHESTER UNITED manager Sir Alex Ferguson admitted his side were given a “wake-up call” by Swiss outsiders Basel after last night’s draw cemented their worst start to a Champions League campaign for 13 years. After the slightly fortuitous draw against Benfica a fortnight ago, United looked on course for a routine [...]
Anderson rested for India tour but Pietersen returns September 27, 2011 ENGLAND will travel to India for next month’s one-day series without three members of their Ashes winning attack after the selectors opted to rest James Anderson. With Chris Tremlett and Stuart Broad injured, Surrey’s 22-year-old paceman Stuart Meaker (inset) has earned a first call-up and is joined in the squad by his county colleague, and [...]
Villas-Boas maintains his love of Lampard September 27, 2011 VALENCIA vs CHELSEA CHELSEA manager Andre Villas-Boas has launched a passionate defence of Frank Lampard and hit out at suggestions the England stalwart is set for a reduced role at the club this season. The 33-year-old Lampard, who once set a record for consecutive Premier League appearances, has started three of Chelsea’s last four matches on [...]
Wenger won’t dwell on Van Persie contract September 27, 2011 ARSENAL vs OLYMPIACOS ARSENAL manager Arsene Wenger has attempted to calm fears that captain Robin van Persie could become the latest big name to flee Emirates Stadium. The Holland striker has been in the most prolific form of his career since January, scoring 26 times in his last 31 games for the Gunners. But he [...]
SPORT | IN BRIEF September 27, 2011 Stricter whip-use rules backed HORSE RACING: Top jockeys have backed stricter rules on whips, which will limit them to seven uses in a flat race and eight per jump race. Flat star Frankie Dettori said the move, which comes into effect on 10 October, was “in the best interest of our great sport”, while champion [...]