Result could have major knock-on effects April 4, 2012 TONIGHT’S match has huge repercussions not just for Chelsea, but also for their caretaker manager Roberto di Matteo. For the Blues, victory would add momentum to their recent revival at a vital time, when they are still fighting to finish in the Premier League’s top four. Defeat, on the other hand, could be a damaging [...]
Late rally gives England upper hand, says Finn April 4, 2012 ENGLAND paceman Steven Finn believes the tourists go into day two of their decisive second Test in Sri Lanka as slight favourites after late wickets shifted the balance of power back in their favour yesterday. The match appeared to following the pattern of last week’s defeat in Galle when captain Mahela Jayawardene steadied the hosts [...]
Roberts ruled out of summer tour April 4, 2012 RUGBY UNION: Wales centre Jamie Roberts will miss the summer tour to Australia after being ruled out for six months with a knee injury.
Porto fined for fans’ racist abuse April 4, 2012 FOOTBALL: Porto have been fined €20,000 (£16,630) after supporters racially abused Manchester City striker Mario Balotelli in a Europa League tie last month. The sanction handed down by Uefa is half the amount the European governing body fined Arsenal manager Arsene Wenger last week for improper conduct.
Hedge fund Laxey clashes with new chair of Alliance April 4, 2012 HEDGE fund Laxey Partners led a new attack on Alliance Trust yesterday after its demand for its management to be outsourced was dismissed by the new chairwoman. Activist investor Laxey criticised the “staggering” comments of Karin Forseke after she backed the current management of Alliance on just her second day in the job. Its latest [...]
Fed pours cold water on hopes of new easing April 4, 2012 FEDERAL Reserve policymakers have backed away from the need for another round of monetary stimulus as the US economy gradually improves, denting stock markets and pushing the dollar up against several currencies. Minutes of the central bank’s meeting published last night showed only two of the policy-setting Federal Open Market Committee’s 10 voting members saw [...]
WHAT THE OTHER PAPERS SAY THIS MORNING April 4, 2012 FINANCIAL TIMES BRAZIL’S BTG BANK TO CEMENT RAPID RISE WITH $15BN FLOAT BTG Pactual is set to float later this month in a deal that will value the rapidly growing Brazilian investment bank’s equity at up to $15bn and the shareholdings of a swathe of executives at more than $150m each. BSE HEAD APPOINTED TO [...]
China opens up to foreign cash April 4, 2012 China said yesterday it will raise the total quota for its qualified foreign institutional investor scheme (QFII), a main channel for foreign investment in Chinese securities, by $50bn to $80bn, as the current programme nears its limit. Boosting the quota was done to “satisfy foreign investors’ investment demands, and move forward in promoting the stable [...]
Raleigh bikes could go Dutch April 4, 2012 British bike brand Raleigh could soon be taken over by a Dutch company. Accell said yesterday it is in exclusive talks with Raleigh and its shareholders to acquire the famous bicycle-maker. Raleigh, founded in Nottingham in 1890 by Sir Frank Bowden, has operations and distribution companies in the UK, as well as across the pond [...]
Sun setting on Murdoch’s time at family firm April 4, 2012 JAMES Murdoch’s departure from the top job at BSkyB will have little effect on the broadcaster’s business, analysts said yesterday. Jeremy Darroch, the chief executive, and Nicholas Ferguson, who has stepped up to head the board, will provide continuity so the strategy is unlikely to change. Murdoch will remain on the board, representing News Corporation’s [...]
