MANCHESTER MELTDOWN December 7, 2011 Vidic injury adds to United’s woes as minnows Basel send Ferguson’s troops crashing out BASEL 2 vs MAN UNITED 1 MANCHESTER United manager Sir Alex Ferguson blamed wayward finishing after a shock defeat at Basel condemned them to a catastrophic elimination at the group stages of the Champions League. United needed only a point to [...]
FSA CHIEF SANTS MEETS OCCUPY LONDON December 7, 2011 FSA chief executive Hector Sants discussed banking regulation and pay with Occupy London representatives yesterday in a Bedouin tent in the City. Ken Costa, the former Lazard International chairman who is leading the London Connection initiative, and Bishop of London Dr Richard Chartres, also took part in the private session, at St Ethelburga’s Centre for [...]
Banks hungry for US dollars flood the ECB December 7, 2011 BANKS flooded the European Central Bank (ECB) with demand for dollars yesterday, taking out $50.7bn in three-month loans – five times what many analysts expected. The demand from 34 dollar-hungry banks came after six central banks agreed to slash the price they charge to lend out the greenback in response to a dollar credit crunch. [...]
Mancini admits his new kids on the block must improve to compete with Champions League elite December 7, 2011 MANCHESTER CITY 2 vs BAYERN MUNICH 0 MANCHESTER CITY manager Roberto Mancini admitted his team must learn from their mistakes if they are to avoid a repeat of their embarrassing Champions League group stage exit next season. The Premier League leaders comfortably overcame an under-strength Bayern Munich last night thanks to goals either side of [...]
Eurozone bailout fund to sell short-term debt before 2012 December 7, 2011 THE EUROZONE’S bailout fund, the European Financial Stability Facility (EFSF), will auction three, six or 12-month bills before the end of the year to increase its funding flexibility, the fund said in a statement. “The launch of a short-term funding programme is in line with the enlarged scope of activity of EFSF to use its [...]
German bunds enjoy a rally after €4bn sale gets plenty of interest December 7, 2011 GERMAN bunds rallied yesterday after solid demand at a German debt auction and a sell-off in periphery Eurozone bonds prompted investors to plough into debt issued by the region’s strongest member ahead of an EU summit later in the week. The yield spread between 10-year German bonds and their Italian and Spanish counterparts expanded on [...]
Win leaves AVB tactical quandary December 7, 2011 CHELSEA manager Andre Villas-Boas may have delighted in muting his critics by reaching the last 16 of the Champions League, but Tuesday’s 3-0 win over Valencia raised just as many questions as it answered. Villas-Boas ditched his previously stubborn adherence to playing a high line, instead telling his back four to sit deeper. He also [...]
RFU open talks with Kiwi World Cup winning coach Smith over England role December 7, 2011 NEW ZEALAND’S former World Cup winning coach Wayne Smith has been approached by the Rugby Football Union with regards to the vacancies at Twickenham. Smith was in the country last week working alongside Nick Mallet, one of the leading contenders to succeed Martin Johnson as team manager, coaching the southern hemisphere side for the Help [...]
Apple loses its battle for iPad trademark in China December 7, 2011 APPLE yesterday lost a lawsuit in which it claimed infringement of its iPad trademark by Taiwanese-owned company Proview Technology. Proview registered the name IPAD for use in mainland China in 2001, and in several other areas including the EU between 2000 and 2004. In 2006 it agreed to sell the “global trademark” to Apple, but claims [...]
Injured Moody could miss three months December 7, 2011 FORMER England captain Lewis Moody could miss up to three months of the Premiership season after undergoing shoulder surgery. The Bath flanker, who retired from the international game after leading England to the quarter finals of the World Cup in October, suffered the injury in last month’s defeat against Worcester. Bath coach Brad Davis said: [...]
