Rooney up for award November 1, 2011 Manchester United striker Wayne Rooney is the only Englishman shortlisted for the Ballon D’Or. Only five players on the shortlist have Premier League connections, two of which – Cesc Fabregas and Sergio Aguero – spent only half of 2011 in England – compared to 15 in Spain. European champions Barcelona lead the way with eight [...]
Djokovic back on course November 1, 2011 Novak Djokovic struggled to a three-set victory over Xavier Malisse at the Swiss Indoors in Basel. Djokovic beat the Belgian 6-2, 4-6, 7-5 in his first match since winning the US Open in September.
Greece close to meltdown November 1, 2011 THE GREEK government was on the verge of collapse last night as Prime Minister George Papandreou rejected calls for him to cancel the proposed referendum on the Eurozone rescue package. Early this morning, the cabinet agreed to back the referendum. In another shock announcement, the top brass in Greek’s armed forces were sacked en masse [...]
Revealed: Osborne’s real views on Tobin tax November 1, 2011 CHANCELLOR George Osborne has serious doubts about whether a Tobin tax is viable even if it were applied globally, City A.M. can reveal. In a private letter sent to bank chiefs on Monday and seen by City A.M., the chancellor appears to contradict his public stance that he is firmly in favour of a Tobin [...]
KKR nears a Samson deal November 1, 2011 PRIVATE equity company KKR & Co is in exclusive talks to buy most of Samson Investment Co, a privately held US oil and gas company, in what could be the biggest buyout of the year. The private equity firm is not likely to want Samson’s Gulf of Mexico assets, one source said. While the whole [...]
Why the Archbishop has got it wrong November 1, 2011 I must confess that I’m glad not to be a member of the Church of England, an institution that has been hemorrhaging members ever since anybody can remember. While I have the deepest respect for the remaining band of Anglican churchgoers (though not for the CoE’s leadership), I can’t say I’m surprised by the Church’s [...]
News Corp papers emerge November 1, 2011 NEWS CORPORATION agreed to pay hundreds of thousands of pounds to an early phone-hacking victim because it recognised that evidence from the case was “fatal” to its claims of innocence, new evidence released yesterday claimed. Briefing notes and emails between News Corp lawyers and handed over to the parliamentary committee investigating the scandal make it [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 1, 2011 FINANCIAL TIMES BIG AREAS STILL LACK 3G, SAYS OFCOM Nearly 90 per cent of the UK’s land mass and a quarter of buildings are unable to receive all five 3G phone networks a decade after the introduction of the mobile licences, according to the telecoms regulator. In its first report on the UK’s communications infrastructure, [...]
Horta-Osorio to go on medical leave November 1, 2011 António Horta-Osório, the chief executive of Lloyds Banking Group who joined the lender at the beginning of the year, is poised to step back from his role as chief executive due to health reasons, the Financial Times reported this morning. The paper claims it will be revealed at a board meeting today that Horta-Osório, who [...]
Madoff trustee loses JPM case November 1, 2011 A US judge last night threw out most of a $19.9bn (£12.46bn) lawsuit against JP Morgan Chase and a $2bn case against UBS by the trustee seeking money for victims of epic swindler Bernard Madoff’s fraud. The decision is one of the largest setbacks for the trustee, Irving Picard, who has spent nearly three years [...]