Sun shines on Red Bull as Webber grabs win July 8, 2012 RED Bull driver Mark Webber poured praise on his colleague’s efforts yesterday after leading the Milton Keynes-based team to their third Formula One victory at Silverstone in four years. Webber, who has held talks with other teams with a view to leaving Red Bull, pipped Ferrari’s Fernando Alonso to first place with only three laps [...]
RFU appoint Beaumont as chairman July 8, 2012 Former England captain Bill Beaumont has been appointed as the Rugby Football Union’s new chairman as the governing body progress towards staging the 2015 Rugby World Cup. Paul Murphy, meanwhile, has taken over as President.
Spurs confirm Vertonghen signing July 8, 2012 Tottenham have announced the signing of defender Jan Vertonghen from Ajax for an undisclosed fee, subject to the Belgium international passing a medical.
Groves announces stateside ring return July 8, 2012 British and Commonwealth super-middleweight champion George Groves will fight Mexico’s Francisco Sierra in San Jose, America, on 28 July.
Bryan and Raymond take doubles trophy July 8, 2012 American pair Mike Bryan and Lisa Raymond yesterday won Wimbledon’s mixed double championship by defeating India’s Leander Paes and Russia’s Elena Vesnina 6-3, 5-7, 6-4 on Centre Court.
GIGGS NAMED FOOTBALL CAPTAIN FOR TEAM GB July 8, 2012 WELSHMAN Ryan Giggs, the Manchester United veteran midfielder, was yesterday named captain of Great Britain’s football side for London 2012. Manager Stuart Pearce said that Giggs – who retired from playing for Wales five years ago – was “the standout captain” among his squad. Team GB women’s manager Hope Powell, meanwhile, named Lincoln Ladies’ Casey [...]
GROUNDHOG DAY AT CENTRAL BANKS July 5, 2012 CENTRAL banks desperately tried to push the world economy out of its downward spiral yesterday, with the Bank of England turning on the printing presses yet again, and the European Central Bank (ECB) and the People’s Bank of China (PBoC) cutting interest rates further. Denmark’s central bank even cut one key interest rate to minus [...]
Lasers and light show as Shard is opened July 5, 2012 CROWDS gathered across London last night to get a peek of a lit-up shard, to celebrate the official inauguration of Europe’s tallest building. The developer behind the Shard described the tower as a compass “pointing towards a new financial era” as he opened the 1,016ft-tall skyscraper. Irvine Sellar, whose firm Sellar Property Group built the [...]
Aviva trashes Moss as it sells off weak businesses July 5, 2012 INSURANCE giant Aviva yesterday unveiled radical plans to dispose of a quarter of its business units in a damning indictment of the strategy pursued by former chief executive Andrew Moss. Aviva said it will sell or close down 16 underperforming divisions, including its South Korean business and several of its Italian partnerships. Although it declined [...]
Why QE is not the answer to Britain’s economic problems July 5, 2012 IVAN PAVLOV, the psychologist who famously trained his dogs to respond to stimuli, would have been proud. Whenever the economy grinds to a halt, regardless of reason, well-conditioned policymakers from Beijing to Frankfurt always respond in the same way: they cut interest rates and wheel out the printing presses. It is the new orthodoxy: ever [...]
