Wigglesworth joins Stevens in choosing ‘special’ Saracens January 26, 2010 SARACENS have swooped to complete their second big-name signing of the week by recruiting England scrum-half Richard Wigglesworth from Sale Sharks. The arrival of Wigglesworth, 26, on a three-year contract follows Monday’s announcement that the Premiership pace-setters will sign England prop Matt Stevens when his drugs ban expires in January 2011. It is further evidence [...]
SPORT | IN BRIEF January 26, 2010 Manchester to host Haye return BOXING: Britain’s David Haye will make the first defence of his WBA world heavyweight championship against John Ruiz in Manchester on 3 April. American Ruiz is the mandatory challenge for Haye, who clinched the title with a crushing defeat of Russian giant Nikolay Valuev in November. “It’s been 10 years [...]
Comeback queen Henin in last four January 26, 2010 JUSTINE HENIN’S fairytale comeback continued as she moved one step closer to a dream Australian Open title with a quarter-final victory over Nadia Petrova. The former world No1, playing in her first Grand Slam since coming out of retirement, showed her battling qualities to come through a tough match 7-6 (7-3), 7-5 and book a [...]
FOOTBALL | IN BRIEF January 26, 2010 Pompey free to sign players PORTSMOUTH boss Avram Grant faces a race against time to sign players after the club’s transfer embargo was lifted. The ban was imposed in October because of money the club owed but they are now allowed to make loan and free transfer signings until the window closes on 1 February. [...]
A LESSON IN THE PERILS OF PAYING BY PLASTIC January 26, 2010 LET this be a lesson to all those out there who imagine that the good old days of decadence are gone for good. I hear a bit of a surprise was in store on a recent holiday to Miami for Michael Parnes – the founder of Old Park Lane Capital, the Mayfair-based ultra high net [...]
Defensive shares lift FTSE but banks and miners weak January 26, 2010 BRITAIN’S leading share index added 0.3 per cent yesterday, as support for defensive issues, and a modest early rally on Wall Street, offset weakness in heavyweight miners and banks. At the close, the FTSE 100 index was up 16.54 points at 5,276.85, snapping a four-session losing streak, having earlier reached an intraday low for the [...]
Political fears cast shadow on earnings January 26, 2010 US stocks slipped late yesterday due to trepidation over churning political and regulatory developments, offsetting solid earnings and improved consumer confidence data. Gains faded late as investors turned cautious before the Federal Reserve’s policy announcement and President Barack Obama’s State of the Union address today. US stocks fell 5 per cent in a three-day span [...]
Chinese actions shape Asian currency moves January 26, 2010 ASIAN currencies can be tricky for an investor to navigate. They have long been seen as a tangled web of fixed, floating and managed exchange rates. On top of that, political risk abounds. Some investors were caught off guard after a coup in Thailand in 2008 caused a steep fall in the value of the [...]
US POLITICAL TURBULENCE HITS DOLLAR January 26, 2010 DIRECTOR OF CURRENCY RESEARCH, GFT DURING times of stress in the markets, the dollar generally rises as risk averse investors flock to the safety of the world’s reserve currency. However, that dynamic could be reversed if the political problems in Washington are not brought under control. Last Friday, news that Fed chairman Ben Bernanke may [...]
Eastern Europe currencies will suffer as Greek crisis unfolds January 26, 2010 OBSERVERS of the Greece’s fiscal crisis might be forgiven for thinking that there has been little impact on other countries. The credit default swap markets – which measure the perceived risk of a sovereign debt default – have been remarkably well behaved, with the unsurprising exception of Greece. But if you look more closely at [...]
