Test ranking reflects England’s perfect 2011 December 13, 2011 ENGLAND started the year by winning the Ashes on Australian soil for the first time in 24 years and will end it staring down at the rest from the position of No1 in the international Test rankings. It’s been a tremendous 12 months for captain Andrew Strauss and head coach Andy Flower, but both are [...]
Citi to sell final Primerica stake December 13, 2011 Citigroup is set to exit from life insurer Primerica by selling its remaining 8m shares in a public offering. Primerica, one of the cornerstones of Citi’s empire before the financial crisis led to a bailout in 2008, went public in 2010.. Last month, Primerica bought back $200m of its shares from Citigroup, as the bank [...]
Avon to replace Jung as chief December 13, 2011 Avon is looking for a new chief executive to replace Andrea Jung, who has lost the confidence of Wall Street after a myriad of problems, including a federal bribery probe and weak sales in key international markets. Jung will remain as executive chairman, the firm said.
Tories take the lead in polls December 13, 2011 Conservatives have overtaken the Labour party in the opinion polls for the first time this year, enjoying a bounce on the back of Prime Minister David Cameron’s veto of a new European Union treaty, a Reuters/Ipsos MORI poll showed yesterday. Support for the Tories rose seven percentage points to 41 per cent, in line with [...]
Spurs won’t sell Modric in January, pledges Levy December 13, 2011 TOTTENHAM chairman Daniel Levy has handed the club’s Premier League charge a boost by confirming none of their stars will be sold in January, as revealed by City A.M. last month. Spurs sit fourth after a start to the season that has exceeded expectations, but are bracing themselves for bids next month for playmaker Luka [...]
Rothschild to snub broker Credit Suisse December 13, 2011 BILLIONAIRE Nat Rothschild is preparing to sideline longstanding adviser Credit Suisse by appointing a new broker for his London-listed mining venture Bumi, City A.M. can reveal. Bumi has held a beauty parade for investment banks that is likely to see either Barclays Capital or Bank of America Merrill Lynch appointed following a decision at the [...]
Legal big hitters lined up for BOA’s Chambers case December 13, 2011 BRITISH Olympic chiefs have hired the big-hitting barrister who helped reduce England footballer Wayne Rooney’s Euro 2012 ban in their fight to protect their controversial lifetime ban on serious doping offenders. Adam Lewis QC, of Blackstone Chambers, is part of a heavyweight legal team assembled by the British Olympic Association, who yesterday formally applied to [...]
Mata backs Lampard to regain place December 13, 2011 CHELSEA forward Juan Mata insists veteran midfielder Frank Lampard will play an integral role his side’s quest for honours this season despite having lost his place in the side. Lampard struck the winner from the penalty spot in Monday’s 2-1 win over Manchester City, which ended the Premier League leaders’ unbeaten start to the season. [...]
Corzine denies telling MF Global staff to raid funds December 13, 2011 FORMER MF Global chief Jon Corzine yesterday told US senators he had never authorised a raid on customer funds at the bankrupt brokerage. Corzine corrected his earlier statements about hundreds of millions of dollars in missing customer money but conceded there were “break the glass” contingency plans at the firm. Last week Corzine told the [...]
Emails suggest Murdoch knew about hacking December 13, 2011 JAMES Murdoch has continued to deny prior knowledge of the full scale of phone-hacking at the News of the World, despite the emergence yesterday of a chain of emails that refer to the potential scope of the voicemail intrusions. Colin Myler forwarded Murdoch (pictured) an email trail on 7 June 2008 discussing the case being [...]