Pietersen loss disappoints Trott June 5, 2012 England batsman Jonathan Trott says team-mate Kevin Pietersen’s decision to retire from international limited-overs cricket is disappointing, even if he appreciates his reasons for doing so. “You can understand it in a way, but it’s a huge disappointment as well,” said Trott. “[But] the team fully support his decision.”
Wiggins leads by a second June 5, 2012 Defending champion Bradley Wiggins, 32, retained the lead of the Dauphine Libere after the race’s second stage. Wiggins finished ninth, giving him an overall one-second lead over Australia’s Tour de France champion Cadel Evans and Andrej Grivko of Ukraine.
Mosley announces retirement June 5, 2012 America’s former world champion ‘Sugar’ Shane Mosley has announced his retirement from boxing after an illustrious 19-year career in which he was once considered the sport’s ‘pound-for-pound king’ and twice defeated Oscar de la Hoya. “Had a great career and loved every moment of it,” Mosley, 40, said via Twitter.
MANCHESTER UNITED SET TO SIGN KAGAWA June 5, 2012 The battle to sign Japan midfielder Shinji Kagawa was won by Manchester United yesterday, after a fee was agreed with German champions Borussia Dortmund. The highly-coveted international, who had been expected to sign for one of Europe’s biggest clubs, netted 13 times in the Bundesliga last season.
City cheers U-turn on charity tax May 31, 2012 CITY leaders yesterday welcomed the government’s decision to scrap the proposed charity tax, a policy that philanthropists say would have undermined giving at a time when charities are in desperate need of new funds. Announcing the Treasury’s third budget U-turn of the past week, chancellor George Osborne said the debate over capping tax relief from [...]
COVENT GARDEN CELEBRATES May 31, 2012 COVENT Garden’s arcade has been decorated with Union Jack bunting this week to mark London’s celebration of Queen Elizabeth II’s Diamond Jubilee. Other festivities this weekend will include a festival of boats on the Thames and the lighting of more than 2,000 beacons around the country.
JPM’s Dimon to explain $2bn loss May 31, 2012 JP Morgan Chase chief executive Jamie Dimon will testify before the US Senate Banking Committee on 13 June to discuss the bank’s recent trading losses, the committee said yesterday. Earlier this month, JP Morgan said it had suffered at least $2bn in losses from a set of trades that were meant to hedge risk. Regulators [...]
Davis to get £30m but no raise for Xstrata investors May 31, 2012 XSTRATA’S top staff will share a £173m reward for sticking with the firm during its mega-merger with Glencore, documents revealed yesterday. As Xstrata shareholders learned that Glencore has refused to budge on its offer of 2.8 new shares for each Xstrata share, the circular showed that a group of around 70 managers and senior employees [...]
George Osborne’s latest tax U-turn is a great Jubilee present May 31, 2012 FOR charities and their donors, including many in the City, George Osborne’s latest and most spectacular u-turn comes as a perfect Jubilee weekend present. The Chancellor had announced in the Budget a limit of £50,000 or 25 per cent of income, whichever was higher, on the amount individuals could donate in a tax-deductible fashion; the [...]
Nike gives tick to brands sale May 31, 2012 SPORTSWEAR giant Nike is putting its Cole Haan and Umbro labels up for sale to focus on its biggest-selling core brands. The US company said yesterday it is starting the process straight away and hopes to complete the sale by May next year. “It is now time to seek a buyer for Umbro and Cole [...]