Federer closing in on first French title June 3, 2009 WORLD No2 Roger Federer swept into his 20th consecutive Grand Slam semi-final with a blistering demolition of home favourite Gael Monfils in the French Open. The Swiss master, 27, was forced to save a set point in an opening set tie-break before fighting back to clinch a 7-6 (8-6), 6-2, 6-4 victory over the fancied [...]
Q & A : TODAY’S ELECTIONS June 3, 2009 Q. WHAT IS THE EUROPEAN PARLIAMENT?A. It is the EU’s only directly elected body. There will be 736 members of the European Parliament (MEPs), of which 72 will come from the UK. Q. WHAT AM I VOTING FOR IN THE EUROPEAN ELECTIONS?A. You vote for a party rather than an individual candidate; individuals at the [...]
Trio handed chance for England in Pumas clash June 3, 2009 ENGLAND manager Martin Johnson has named three debutants in his team to take on Argentina in the first Test at Old Trafford on Saturday. Bath winger Matt Banahan and Newcastle prop David Wilson are rewarded for their impressive performances as replacements in the 33-26 defeat to the Barbarians last Saturday, while Toulon-bound back Tim May [...]
CITY VIEWS: IS IT RIGHT THAT POLITICIANS LOSE THEIR JOBS OVER EXPENSE CLAIMS? June 3, 2009 ROBERT SKRMETTA AON“These people should not be allowed into office ever again and in certain cases they should be facing criminal charges. They shouldn’t be given the option to resign, they should be fired instead. They have taken advantage of their situation to overuse taxpayers’ money.” MATTHEW MELVILLE GCUBE“I can understand it partly because they’re [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 3, 2009 FINANCIAL TIMES BANKRUPTCIES SET TO RISEThe number of corporate bankruptcies is set to surge by 35 per cent this year, turning the world economy into a “burial ground” for businesses, according to a study by Euler Hermes, the credit insurer. In a study published today the Paris-based unit of Allianz, says the rate of corporate [...]
Oil stocks push FTSE 100 lower for second day in row June 3, 2009 THE large cap index lost 2.1 per cent yesterday, dented by weakness in commodity stocks, banks and index heavyweight Vodafone, which traded ex-dividend. At the close, the FTSE 100 was down 93.60 points at 4,383.42, albeit above the session low of 4,359.33. Oil producers were the standout losers, retreating after recent gains in line with [...]
US hit by fears that worst is not over June 3, 2009 US stocks tumbled yesterday, halting a four-day winning streak, as falling oil prices hit energy shares, while less upbeat economic reports rekindled worries about recovery prospects. Oil prices slipped more than 3 per cent after a surprise build-up in inventories. Shares of energy companies, including Chevron off 1.6 per cent, were top drags, along with [...]
Porsche asks for a state loan June 3, 2009 Porsche said it had asked the German government for a loan, raising fresh questions yesterday over its ability to manage a debt mountain that has already forced it to abandon a takeover of Volkswagen. Porsche racked up about ¤9bn of net debt trying to swallow its much bigger rival Volkswagen before the financial crisis turned [...]
Arcelor lays off Spanish workers June 3, 2009 ArcelorMittal, the world’s largest steelmaker, said it has sealed a deal with the Spanish government allowing temporary layoffs among its 12,000 Spanish workers in response to falling global demand for steel. The agreement is valid until the end of the year and may be extended until June 1, 2010, depending on market conditions, ArcelorMittal said.
Murdoch recruits top lieutenant June 3, 2009 News Corp named DirecTV chief executive Chase Carey as Rupert Murdoch’s top lieutenant, marking the return of one of the media mogul’s most trusted veterans. He will replace Peter Chernin as chief operating officer.