Whitmarsh eyes Button deal September 21, 2011 FORMULA ONE: Team principal Martin Whitmarsh hopes Jenson Button will sign a new long-term contract that will keep him at McLaren for the rest of his career, amid growing interest from Ferrari. Button admitted ahead of this weekend’s Singapore Grand Prix that it was his childhood dream to drive for the Italians. But Whitmarsh said: [...]
Barton was close to Arsenal move September 21, 2011 FOOTBALL: Queens Park Rangers captain Joey Barton has revealed he was close to signing for Arsenal. The midfielder claimed an incident that saw Arsenal’s Gervinho sent off scuppered a deal. Barton was criticised for going to ground too easily as the Ivory Coast forward was red-carded in the Premier League opening day 0-0 draw with [...]
Ranieri favourite for Inter job September 21, 2011 FOOTBALL: Former Chelsea manager Claudio Ranieri is favourite to succeed sacked Inter Milan coach Gian Piero Gasperini, who was dismissed yesterday after just five games in charge of the Serie A giants.
England draw India at World T20 September 21, 2011 CRICKET: Defending champions England have been drawn with India and a qualifying nation in the group stages of the 2012 World Twenty20 in Sri Lanka. If the competition then follows the pre-tournament seedings, England can expect to come up against West Indies, Sri Lanka and New Zealand in the Super Eight stage.
FED ADDS AN EXTRA TWIST TO STIMULUS September 21, 2011 THE FEDERAL Reserve under Ben Bernanke (pictured)announced two new “twists” to its efforts to stimulate the ailing US economy last night, yet stopped short of declaring another phase of quantitative easing. “There are significant downside risks to the economic outlook, including strains in global financial markets,” the Fed said in a bid to justify its latest intervention. [...]
Clegg attacks Labour legacy September 21, 2011 DEPUTY Prime Minister Nick Clegg launched a scathing attack on the Labour Party yesterday, accusing the previous government of leaving Britain “teetering on the edge of an economic precipice” . Closing the Liberal Democrats’ conference, party leader Clegg defiantly defended the coalition’s plans to eliminate the annual deficit by 2015. “Saddling our children with the [...]
Why we are not (quite) a new Japan September 21, 2011 SLOWLY but surely, the Bank of England is preparing for another bout of quantitative easing (QE). It hinted as much in yesterday’s minutes, which followed the release of a research paper earlier in the week explaining how it thought QE had boosted the economy last time round. No real surprise there; regardless of what they [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 21, 2011 FINANCIAL TIMES SEC CHARGES EX-GOLDMAN TRADER A former Goldman Sachs trader and his father have been charged by securities regulators with insider trading for allegedly profiting after learning confidential information about the bank’s trading strategy around an exchange traded fund. The SEC, in a civil action, alleged the former Goldman trader, Spencer Mindlin, tipped off [...]
Gruebel says UBS backs him September 21, 2011 The embattled chief executive of UBS yesterday scotched suggestions he would quit, as directors met for the first time since the “rogue” trading scandal emerged. As Oswald Gruebel arrived in Singapore yesterday he was asked if he had the board’s backing and responded: “Yes. Always.” UBS last night refused to comment on reports in a [...]
Qatar may buy BNP Paribas stake September 21, 2011 Qatar is in talks with BNP Paribas on taking a possible stake in France’s biggest listed bank, a source close to the deal based in Qatar said yesterday. Qatar has also been talking to other French banks over a possible investment, the source said, while investors in Abu Dhabi are also said to be involved.
