CITY MOVES WHO’S SWITCHING JOBS July 14, 2009 Piper JaffrayThe international middle market investment bank announced the appointment of Martin Brennan as associate for its technology banking team, which is led by Eric Sanschagrin. Brennan was previously senior associate at FirstCapital, a boutique telecoms, media and technology investment bank. He advised on nine technology Venture Capital and Private Equity financings and six M&A [...]
Oil price dips on demand worries July 14, 2009 US oil prices dipped into negative territory yesterday as dealers worried a bumpy economic recovery could delay a rebound in ailing world energy demand. US crude fell 9 cents to $59.60 a barrel, extending a decline that shaved 11 per cent from the price last week. London Brent crude rose 7 cents to $60.76.
RBS merges Asia-Pacific teams July 14, 2009 Royal Bank of Scotland is to combine its Asia-Pacific investment banking teams ahead of a likely sale of its Asian operations to Australia’s ANZ, Standard Chartered or HSBC. The bank will merge its advisory, wholesale banking and risk management operations in a move it said would help it better serve clients in the region. The [...]
Young’s soothes its investors July 14, 2009 London-focused pubs group Young’s said yesterday it had made a solid start to the current financial year and was trading in line with expectations despite tough economic conditions. At its annual meeting the company said total sales at its 122 managed pubs were up 3.3 per cent in the 15 weeks to July 11, with [...]
Morgan Sindall wins its wings July 14, 2009 Construction and regeneration group Morgan Sindall yesterday announced that its construction division Morgan Ashurst has won a £71m contract with plane maker Airbus to build a wing assembly factory. The factory is expected to be completed by October 2010.
Mega-rich City could overtake United July 14, 2009 THE bottomless pit of cash that Manchester City are mining this summer has already seen them snatch Carlos Tevez away from their more prestigious local rivals. And it is far from unthinkable that their spending spree could even see them poach Manchester United’s place in the top four too. Tevez has followed Gareth Barry and [...]
Jenas bait in Tottenham’s Vieira swoop July 14, 2009 TOTTENHAM manager Harry Redknapp is ready to use England midfielder Jermaine Jenas as bait in a sensational deal for Patrick Vieira. Inter Milan are reportedly willing to let Vieira, former captain of Spurs’ arch-rivals Arsenal, leave the club for a fee of around £3.5m. Tottenham are among a host of clubs chasing the 33-year-old Frenchman’s [...]
Purring Tiger confident of denying Harrington hat-trick July 14, 2009 WORLD No1 Tiger Woods insists he feels ready to claim his first Major for more than a year and deny Padraig Harrington a third successive Open title this weekend. Woods was still recovering from knee surgery when Harrington sealed back-to-back triumphs 12 months ago at Royal Birkdale. But the American has won three tournaments since [...]
Let Pietersen go on attack, says Vaughan July 14, 2009 FORMER England captain Michael Vaughan has urged star batsman Kevin Pietersen to stick to his attacking instincts ahead of tomorrow’s second Ashes Test at Lord’s. Flamboyant Pietersen was criticised for two poor dismissals in the first Test at Cardiff, prompting calls for him to adopt a more conservative approach. In particular, the Hampshire ace was [...]
Cavendish seals third stage win July 14, 2009 CYCLING: Mark Cavendish produced a rousing late finish to hold off rival Thor Hushovd and claim his third stage victory of the Tour de France. The Colombia-HTC rider pipped the Norwegian to clinch the 194.5km, 10th stage between Limoges to Issoudun and close Hushovd’s lead in the race for the green jersey to just six [...]
