Auntie’s problems run deeper than executive bonuses July 11, 2008 The case of “trebles all round” for top BBC executives, after a year in which viewers were deceived and trust damaged, rightly dominated news about the Corporation’s annual report this week. But an eyebrow should be raised at the scale of the bonuses. The overall pay of director of vision Jana Bennett rose by 24 [...]
Inside the private world of Citigroup’s bankers July 11, 2008 Private bankers over at Citibank are in a bit of a stew – and with good reason. Staff at the bank’s personal banking division have learned that anti-money laundering measures (AML) are to be stepped up suddenly to prevent criminals taking advantage of the private bank’s services. In an internal document seen by City A.M., [...]
Signet moves share listing to New York July 11, 2008 Jewellery giant Signet Group yesterday announced it would move its primary listing to the New York Stock Exchange, as part of a raft of changes to focus its business on the American market. The jeweller, which owns the H Samuel and Ernest Jones chains in the UK, said it hoped to complete the move – [...]
Herz backs GfKin fight against WPP July 11, 2008 German billionaire Guenter Herz is believed to be backing market researcher GfK in its bid for rival Taylor Nelson Sofres (TNS), which fought off a fourth approach from Sir Martin Sorrel’s advertising giant WPP earlier in the week. Herz, 68, is estimated to be worth $2.3bn (£1.15bn). He and his sister Daniela own Hamburg-based private [...]
Vaughan: We won’t back out of Lord’s war July 10, 2008 England captain Michael Vaughan has issued a battle cry to South Africa ahead of the first Test at Lord’s this morning, insisting: We will not be bullied by you. Relations between the sides have been strained in recent years with visiting captain Graeme Smith having been involved in exchanges with both Vaughan and South African-born [...]
Chelsea tell Lampard to forget Inter July 10, 2008 Chelsea last night risked deepening their differences with Frank Lampard by publicly telling the unsettled midfielder to forget about a summer transfer to Inter Milan. In an interview published on Chelsea’s official website, chief executive Peter Kenyon insisted long-serving Lampard would stay at the club next season even if he refused to sign a new [...]
West warns Iran over nuclear tests July 10, 2008 Iran test-fired nine missiles yesterday and warned America and Israel it was ready to retaliate for any attack over its disputed nuclear projects. Washington, which says Iran seeks atomic bombs, told Tehran to halt further tests. Iran says its nuclear programme is only for electricity. Iran’s missile tests rattled oil markets, helping crude prices to [...]
Fledgling Broad prepares for his toughest test yet July 10, 2008 Stuart Broad admits facing South Africa this summer will prove the toughest challenge of his fledgling Test career. The 22-year-old paceman will win his seventh Test cap at Lord’s this morning when the Springboks arrive for the first in a four-match series. After impressing in the one day set-up, Broad has now emerged as England’s [...]
Chambers faces double trial July 10, 2008 Sprinter Dwain Chambers will discover his Olympic fate in the High Court next week – but only after he succeeds in a trial of a different kind in Birmingham tomorrow night. Chambers launched his bid to run in Beijing next month by formally challenging a British Olympic Association by-law which prevents athletes who have failed [...]
Transfer free-for-all signal worrying times July 10, 2008 Whether it’s it’s Cristiano Ronaldo’s Real Madrid saga, Frank Lampard’s proposed move to Inter Milan or Emmanuel Adebayor’s exit from Arsenal there seems to be a worrying trend dominating the European transfer market at the moment. For some reason we now have a no holds barred situation where clubs are advertising their intended target through [...]
