West Ham agree Diarra deal August 9, 2012 FOOTBALL: West Ham have agreed a deal to sign France midfielder Alou Diarra from Marseille. The 31-year-old, a former Liverpool reserve, will sign a two year-contract.
Injured Parker out until September August 9, 2012 FOOTBALL: Tottenham and England midfielder Scott Parker will remain unavailable until mid-September after suffering an injured achilles. He will miss England’s friendly against Italy and World Cup qualifiers against Moldova and Ukraine, as well as Spurs’ start to the season.
Lukaku set for domestic loan August 9, 2012 FOOTBALL: The agent of Chelsea’s Romelu Lukaku has revealed the striker will go on loan to another Premier League club, but it will not be Fulham. “I can assure you that Romelu is not going to Fulham,” he said. “I am currently finalising the [loan] details with another Premier League club.”
Stevens retires from England duty August 9, 2012 RUGBY UNION: Saracens prop Matt Stevens has retired from international duty after winning 44 England caps. “This is one of the most difficult decisions I have had to make. Playing for England has been the ultimate honour,” he said. “I have been very privileged and proud to wear the white shirt and play with some [...]
Heritage shares dip as dilution doubts remain August 9, 2012 HERITAGE Oil, the British oil exploration firm gearing up for a $370m (£236m) right issue, fell 8.5 per cent yesterday as doubts remained over whether chief executive Tony Buckingham would dilute his share in the firm. The company’s shares were the biggest faller on the FTSE 250 yesterday after spiking 44 per cent on Tuesday [...]
TUI Travel summer bookings are boosted by poor weather August 9, 2012 TUI TRAVEL, the world’s biggest tour operator, said yesterday that summer holiday bookings had risen as rain-soaked northern Europeans sought out the sun and kept tight control on their budgets with package deals. The group, which owns Thomson and First Choice, said it had sold around 86 per cent of its summer holidays by the [...]
London firms give mixed views on the benefits of the Olympics August 9, 2012 LONDON businesses think the Olympics provided less of a boost in demand than they anticipated, claims a survey by Deloitte. Some 42 per cent of firms said they have seen a positive impact on demand since the start of the games compared with 27 per cent who reported a decrease. But this is in stark [...]
WATCHDOG MAKES MCDERMOTT PERMANENT August 9, 2012 THE Financial Services Authority yesterday appointed Tracey McDermott as its top financial crime litigator after a 16-month stint as acting head cemented her reputation as a no-nonsense prosecutor. “This is a particularly exciting time to be part of the leadership of the FSA as we look towards the new regulatory landscape,” McDermott said.
Aviva aims to sell divisions by end of year August 9, 2012 INSURANCE giant Aviva hopes to sell some of its underperforming units by the end of the year, its executive chairman said yesterday. John McFarlane confirmed that his firm has appointed investment banks to advise on the disposal of 10 units, telling analysts that some of the deals are set for completion in the next six [...]
Commerzbank reviews strategy in face of potential euro collapse August 9, 2012 GERMANY’S second-largest bank Commerzbank yesterday said it was preparing for the Eurozone crisis to worsen, warning it may not pay a dividend in 2013. The bank, which is 25 per cent owned by the German state, said it would restructure its retail business and continue to clear out toxic assets in response to sliding profits. [...]