Strauss-Kahn sex case to be dropped today August 22, 2011 FORMER IMF boss Dominique Strauss-Kahn is almost certain to walk free today after New York prosecutors lost faith in the sex charges against him and recommended the case be dismissed. The one-time favourite to beat Nicolas Sarkozy in next year’s French presidential election could fly home as soon as this evening, barring a dramatic eleventh-hour [...]
China warns Eurozone to act on Black Death crisis August 22, 2011 CHINA has urged the Eurozone to take drastic action to restore confidence in its economy to prevent the “Black Death” of its sovereign debt crisis from damaging the world economy. Chinese state media warned that the bloc’s surging debt costs will lead to a decline in demand for exports that will have a “far-reaching impact” [...]
Market crash a boon for IG Group profits August 22, 2011 EXTREME market volatility over the past two months pushed revenues up almost a fifth higher than last year at spread-better and derivatives trader IG Group, it said yesterday. IG said its customers had spent the summer months trading rather than holidaying as normal, which had pushed its client activity to “record levels” since the start [...]
The lucky few that gain from stock falls August 22, 2011 IG Group is one of the few to emerge pleased from the turbulence in financial markets. The spread-better and contracts-for-difference trader said it saw the same number of trades in the first two weeks of August alone as in the whole of August last year, as client took time out from their holidays to cash [...]
Goldman chief hires top lawyer August 22, 2011 GOLDMAN Sachs chief executive Lloyd Blankfein has hired Reid Weingarten, a high-profile Washington defence attorney whose past clients include a former Enron accounting officer, according to a US government source. The move was enough to send Goldman’s shares tumbling almost five per cent in late trading.
Branson’s home destroyed in fire August 22, 2011 OSCAR-WINNING actress Kate Winslet was among the guests who escaped unhurt from a fire which swept through Sir Richard Branson’s Caribbean holiday retreat overnight, the billionaire said. Branson said the blaze was caused by a lightning strike on The Great House on Necker Island, and that the building was completely destroyed.
INVINCIBLE August 22, 2011 We expect to win now, says Strauss, after Swann stars in innings victory to cap series whitewash ENGLAND captain Andrew Strauss attributed his side’s rise to No1 in the world to a collective feeling of invincibility after they completed a 4-0 series whitewash over India. Spinner Graeme Swann led the attack with four wickets yesterday [...]
Redknapp promises to keep Modric after United defeat August 22, 2011 TOTTENHAM manager Harry Redknapp insists unsettled midfielder Luka Modric will definitely not be sold after Spurs lost their opening Premier League fixture 3-0 to a youthful Manchester United. Modric was left out of the side amid interest from Chelsea as second-half goals from Danny Welbeck, Anderson and Wayne Rooney downed the north Londoners and swept [...]
Johnson’s pain at denying Riki homecoming August 22, 2011 ENGLAND manager Martin Johnson insists he wishes he could take Riki Flutey to the World Cup – but says the make-up of the squad proved more important than any individual. The New Zealand-born Wasps centre was the highest-profile casualty as Johnson confirmed his trimmed down 30-man squad last night. An injury to Danny Care means [...]
Welbeck the star as green United leave Spurs blue August 22, 2011 MANCHESTER UTD (3) vs TOTTENHAM (0) MANCHESTER UNITED manager Sir Alex Ferguson has long since obliterated the notion that, to paraphrase pundit Alan Hansen, kids don’t win trophies. However, he seems determined to prove that point all over again, having assembled a young team that swept Tottenham aside last night and who should not fear [...]
