EMI appoints cleaning exec to leading job July 8, 2008 Record company EMI Group has appointed an executive with no experience of the music business to head up its record division, as part of the firm’s strategy to fill key positions with talent from outside the industry. EMI yesterday announced that Elio Leoni-Sceti, vice-president of household goods firm Reckitt Benckiser, would become chief executive of [...]
Fears mount for Bradford & Bingley as shares flop July 8, 2008 Bradford & Bingley’s stock plunged to an all-time low of 42p yesterday – well below its rights issue price of 55p – as concerns over the troubled lender’s future intensified. Fears also increased that the lender would issue another profit warning, due to the deepening crisis in the housing market, when it releases the prospectus [...]
SFO appeals Saudi case July 8, 2008 The Serious Fraud Office (SFO) yesterday told the House of Lords it did not act unlawfully when it ended its investigation into a £43bn Saudi arms deal. The case against the SFO is being brought by the pressure groups the Campaign Against Arms Trade and the Corner House who say the case should be reopened. [...]
Microsoft in bid to oust Yahoo board July 8, 2008 Steve Ballmer is willing to reconsider an offer for Yahoo – but only if the board goes Software giant Microsoft is willing to reopen talks to buy internet firm Yahoo, it said yesterday – but only if dissident investor Carl Icahn’s attempt to oust the board is successful. Microsoft broke off negotiations to acquire the [...]
Customised betting could reap benefits July 7, 2008 You can now personalise your betting screen to improve your chances, writes Katie Hope If you get a suit made, then you might want to go for a bespoke one, so that you can make sure it fits you, with all your quirks and peculiarities. And when you buy a new car, the first thing [...]
King of the swingers July 7, 2008 A visit to a nature reserve that rescues orangutans feels like a privilege, writes David Jesudason Borneo is a country of immense beauty, where there are rainforests, mountain ranges and also massive biodiversity: more than 360 new species of animals were discovered in the last decade. Sadly, though, this incredible habitat is under threat, with [...]
Lewis shows his mettle in Silverstone masterclass July 7, 2008 Lewis Hamilton had 90,000 race fans singing in the rain at Silverstone after cruising to a faultless British Grand Prix victory. The McLaren driver mastered the slippery conditions to cross the line over a minute ahead of his nearest rival and become the first Brit to win a home grand prix since David Coulthard eight [...]
Blues make massive bid for Kaka, say Milan July 7, 2008 AC Milan vice-president Adriano Galliani says the Italian giants have received “an astronomical offer” from Chelsea for Brazilian star Kaka. The playmaker has been linked with a record move to Stamford Bridge since his fellow countryman Luis Felipe Scolari took over as manager last month. Milan, however, have stated the 26- year-old World Player of [...]
Wade: We need to protect Robson July 7, 2008 British tennis legend Virginia Wade is calling for new sensation Laura Robson to be protected from the glare of the media spotlight following her Wimbledon success. Robson, 14, captured the hearts of the nation when winning the girls’ title on Saturday – the first home singles victory at Wimbledon since Annabel Croft 24 years ago. [...]
Nadal ends Federer reign in epic finale July 7, 2008 As the night sky fell to plunge Centre Court into near darkness, a tearful Rafael Nadal held aloft the glistening gold trophy to celebrate his first Wimbledon title in a match which will surely go down as the greatest ever to grace this famous stage. After five sets and almost five hours of an epic [...]