Kuyt saves lucky Liverpool August 28, 2008 A last-gasp strike from Dirk Kuyt helped saved the blushes of boss Rafael Benitez and earn Liverpool a Champions League windfall. Last season’s semi-finalists were just two minutes away from the lottery of a penalty shoot-out with Liege when the Dutch striker pounced with a clinical finish from Ryan Babel’s left-wing cross. Before that, Liverpool [...]
Working women have never had it so bad: discuss August 28, 2008 Mothers have a tough time juggling everything, but should we feel sorry for them? For decades, feminists have talked about working women’s “second shift”, the extra work they do in the home after they have finished their day’s work in the office. It seems that things are much the same now as they were in [...]
UK asks NATO to get tough with Russia August 28, 2008 British Foreign Secretary David Miliband yesterday called on the EU and NATO to initiate “hard-headed engagement” with Russia in response to its actions in Georgia. Speaking in Ukraine’s capital, Kiev, he said Russian President Dmitry Medvedev had a big responsibility not to start a new Cold War. “Russia has not reconciled itself to the new [...]
Price website offers half of future profits August 28, 2008 Moneysupermarket.com, the price comparison website, will increase its dividend payout ratio to 50 per cent of all future profits. The bold move was revealed yesterday alongside interim results, and was welcomed by shareholders in the firm, who saw their investment dramatically decrease because of last year’s flotation. The interim dividend is held at 1.3p per [...]
Top Aberdeen Asset Management staff opt for rival Brevan Howard August 28, 2008 Investment group Aberdeen Asset Managers received a blow today with the loss of key personnel to rival Brevan Howard. Ian Winship, head of interest rates, colleagues Philip Payne, Harry Melandri, and analysts Michael Siviter and Adrian Hilton have all bid farewell to their former employers. They will no longer be involved in investment decisions, with [...]
Hargreaves: UK economy to shrink for 18 months August 28, 2008 The recession in the UK could last up to 18 months, chief executive of Bristol-based fund manager Hargreaves Lansdown warned yesterday. Peter Hargreaves, the cofounder of the firm, said that he expects the FTSE 100 index to fall below the 5,000 mark and that there could be up to six quarters of negative growth, worse [...]
By divesting in India, BT is robbing Peter to pay Paul August 28, 2008 The news that BT is considering the sale of its 31 per cent holding in Indian software services provider Tech Mahindra is sure to generate a flurry of interest from would-be bidders. Especially as private equity firms are struggling to deploy funds in India. But the fact that its stake is sure to be snapped [...]
O’Brien attacks INM August 28, 2008 Denis O’Brien, a major shareholder in Independent News & Media (INM), has called on the group to “urgently” review the operations of its flagship titles The Independent and Belfast Telegraph after first-half profits tumbled. While the group grew its underlying revenues by three per cent in the six months to 30 June, adjusted earnings per [...]
RBS rings the changes with new directors August 28, 2008 Royal Bank of Scotland announced the appointment of three non-executive directors yesterday, in a move that will intensify rumours that CEO Sir Fred Goodwin and chairman Sir Tom McKillop will soon depart the troubled bank. Stephen Hester, Arthur Ryan and John McFarlane will join the board from the beginning of October. Of the three, Hester, [...]
Paddy Power cuts forecasts August 28, 2008 Bookmaker Paddy Power yesterday slashed its annual earnings forecasts, prompting a slump in its stock market value as investors dumped shares in the Dublin-based company. Winnings in favour of customers backing Irish golfer Padraig Hamilton at both the British Open and the US PGA championship as well as in almost two thirds of matches played [...]
