ARSENAL vs SWANSEA September 8, 2011 THE best remedy for a heavy defeat is normally to flush it out of the system as quickly as possible, but after Arsenal’s mauling at Old Trafford the enforced break caused by the Euro 2012 qualifiers has at least given time for some of the scars to heal. The Gunners have endured an unbearable summer [...]
Sproting bet September 8, 2011 City AM has teamed up with Sportingbet, the official betting partner of the English Test Match Grounds, to offer readers the chance to win a pair of tickets to the sold out NatWest One Day International between England and India at Lord’s on Sunday September 11. The lucky competition winner and their guest will receive [...]
New social app from Grindr makers September 8, 2011 YOUR gay friends are probably all glued to it. Well as of today, Grindr – the hookup app that changed the whole way the gay community finds love, sex and quite often friendship – has a social, non-sexual counterpart, called Blendr. Joel Simkhai, the diminutive, Israeli-born founder of Grindr, insisted to me over coffee at [...]
It’s time to abolish the 50p tax rate September 8, 2011 THERE are many reasons why the top 50p rate of tax should be axed. It sends a message that the UK doesn’t like successful people; it has made Britain less competitive in the race for talent and capital; and the job losses and reduced economic growth it will cause means that the overall revenue raised [...]
BEST OF THE BROKERS September 7, 2011 KINGFISHER Nomura has upgraded the DIY specialist a “buy” with a 320p target price in the view that it offers 40 per cent upside potential, with earnings growth driven by its sourcing initiatives, common ranges and strong execution despite short term economic worries. The broker says it sees scope for Kingfisher to achieve double-digit earnings [...]
Investors looking for bargains among battered stocks power the FTSE rally September 7, 2011 Britain’s top share index notched up solid gains yesterday, led by banks and commodities, as investors sought out bargains among battered stocks, but analysts, eckoned the rally was unsustainable. The FTSE 100 ended 161.75 points, or 3.1 per cent, higher at 5,318.59, building on Tuesday’s 1.1 per cent advance. It had shed nearly six per [...]
Wall St rises as EU debt worries ease September 7, 2011 Wall Street bounced more than two per cent on Wednesday, reversing three days of losses after Germany’s top court smoothed the way for Berlin’s participation in bailouts that could ease Europe’s debt crisis. But investor caution that there remains a long road to recovery was underscored by light trading and continued high volatility as shown [...]
Walcott fit to face Swansea September 7, 2011 ARSENAL have been given a timely fitness boost with the news that Theo Walcott will be ready to face Swansea this weekend. The 22-year-old was left out of England’s 1-0 win over Wales on Tuesday as a precaution due to a hamstring niggle. Walcott, unlike his team, who are still searching for their first Premier [...]
ROTHSCHILD OUTGUNS TURKS IN OIL DEAL September 7, 2011 VALLARES, the investment vehicle set up by Nat Rothschild and former BP boss Tony Hayward, yesterday agreed a deal to buy Turkish oil giant Genel Enerji in a $2.1bn (£1.3bn) transaction that sees the owners virtually frozen out of the management of the group. Vallares negotiated a share structure that sees both companies take an equal [...]
Tesco plots South East Asia expansion after failure in Japan September 7, 2011 TESCO is mulling a move into a new market in South East Asia, City A.M. has learned, and has been scoping out opportunities in Indonesia. City A.M. understands that the supermarket giant has been examining an entry strategy for the region’s most populous country for over a year and, with its withdrawal from Japan announced [...]
