Kompany escapes red card ban January 15, 2013 FOOTBALL: Manchester City captain Vincent Kompany has won an appeal against his red card in Sunday’s 2-0 win over Arsenal. It means the Belgian defender avoids a three-match ban.
Scolari set for Chelsea return January 15, 2013 FOOTBALL: Chelsea are set to host a friendly on 25 March between Brazil and Russia. The match will see former Blues boss Luiz Felipe Scolari return to Stamford Bridge with ex-England boss Fabio Capello in charge of Russia.
Facebook wages war on Google January 15, 2013 FACEBOOK yesterday unveiled a search engine that allows users to trawl through photos, reviews and profiles, in a move that sees the social network enter territory dominated by Google. Announcing the new feature, Graph Search, from the company’s California campus, chief executive Mark Zuckerberg said the technology would become an extra pillar of Facebook, allowing [...]
Banks lined up on $24bn Dell buyout January 15, 2013 TALKS to take struggling personal computer manufacturer Dell private are in an advanced stage, it emerged last night, with several large banks being tapped for funds to make a bid possible. A bid led by US buyout firm Silver Lake Partners is being prepared with the blessing of Michael Dell, the company’s founder and chief [...]
Mexico and Indonesia to eclipse UK’s GDP by 2050 January 15, 2013 THE UK is on a slow economic slide that will see it fall out of the world’s 10 biggest economies by 2050, PwC predicted this morning. In 2011, the last year for which there is complete data, the UK economy was ninth biggest in the world, measured by GDP corrected for differences in prices, but [...]
Forget Europe: our only hope is to trade with emerging giants January 15, 2013 BY 2050, the largest European economies will be ranked just ninth and tenth globally; and the UK will have fallen to 11th, behind Germany and France – or so says PwC. This leads to two conclusions: first, we really need a supply-side revolution to boost long-term UK growth as there is no reason why the [...]
Infrastructure projects at risk January 15, 2013 GOVERNMENT indecision could deter investors from backing crucial infrastructure projects, the National Audit Office (NAO) has warned in a report out today. The independent body says the state will struggle to raise private sector funding for major projects if it cannot guarantee regular returns for backers. “Uncertainty over new government initiatives and interventions may mean investors hold [...]
London Whale report due out January 15, 2013 BANKING giant JP Morgan will today release an internal report into the catastrophic bet made by a trader nicknamed the London Whale, which cost the business more than $6bn (£3.7bn). The company, which will issue its fourth quarter results at the same time, is keen to be transparent about the mistakes that allowed the disastrous [...]
Horse meat in Tesco burgers January 15, 2013 HORSE meat has been found in beef burgers sold by leading British and Irish supermarkets, it emerged last night. One sample of the meat in Tesco’s Everyday Value Beef Burgers was found to be 29 per cent horse, according to Ireland’s Food Safety Authority (FSAI). Tesco has responded by pulling the burgers from its stores. [...]
Tories demand new EU deal January 15, 2013 EUROSCEPTIC Tory MPs will today call for the repatriation of all employment law from Brussels, in addition to restrictions on the EU’s ability to regulate London’s financial sector. The manifesto issued by the Fresh Start group, which claims the support of more 100 backbench MPs, comes ahead of this Friday’s speech by David Cameron on Britain’s [...]
