Mixing with stars, racing with a couple and being a lucky charm August 10, 2011 Olympic champion shares Cowes Week diary with City A.M. ELBOWING my way forward through the crowds to get a view of the action, I got out amongst it to watch the starts of the Royal Yacht Squadron yesterday. The four super yachts started their round-the-island race and Rambler, the 100ft Ferrari equivalent, looked amazing with [...]
Boat damage and races hit in high winds August 10, 2011 FIERCE winds caused damage to boats and saw yesterday’s Extreme Sailing Series action called off – but that didn’t prevent an array of thrilling racing at Aberdeen Asset Management Cowes Week, with a sprinkling of royalty and Hollywood thrown in. A-list actor Ewan McGregor and Zara Phillips, daughter of Princess Anne and top equestrienne, were [...]
SPORT | IN BRIEF August 10, 2011 Torres injury fears played down FOOTBALL: Fernando Torres faces a race to be fit for Chelsea’s Premier League opener against Stoke after limping out of Spain’s friendly against Italy last night. The striker was substituted after 15 minutes with what looked like an ankle injury but Spanish coaching staff later confirmed that he had suffered a [...]
QUELLE HORREUR August 10, 2011 MARKETS PLUNGE AGAIN AS €10BN WIPED OFF FRENCH BANKS FRENCH president Nicolas Sarkozy raced back from holiday for crisis talks on the country’s public finances yesterday amid swirling rumours of a sovereign downgrade and over the health of its number two bank Societe Generale. Share prices in the US and Europe dived sharply as fresh [...]
Government under pressure to reconsider police cuts August 10, 2011 THE GOVERNMENT yesterday came under growing pressure to reconsider its decision to reduce police numbers, after Britain was gripped by the worst riots in a generation. Boris Johnson, the Tory London Mayor, and Harriet Harman, the deputy Labour leader, found rare common cause and denounced plans to cut the police budget as part of the [...]
Riots damage UK reputation August 10, 2011 RIOTING gave way to recrimination in the capital yesterday, with the first wave of alleged troublemakers appearing in court. Among them were teaching assistant Alexis Bailey; Laura Johnson, the grammar school educated daughter of a rich businessman and an 11-year-old child. While violence was largely contained across London, fresh clashes broke out in Eltham, where [...]
From royal fairytale to banana republic August 10, 2011 WHAT a year of contrast this has been for the UK. A few months ago, the world looked on longingly as we put on a marvellous, heart-warming show for the royal wedding, in a brilliant piece of PR highlighting the continuity and stability of Britain’s institutions, a valuable commodity in a troubled world. Today, all [...]
WHAT THE OTHER PAPERS SAY THIS MORNING August 10, 2011 FINANCIAL TIMES HONG KONG EXCHANGE HIT BY HACKERS Computer hackers forced the Hong Kong stock exchange’s website to crash, prompting the bourse to suspend trading in the shares of seven companies including HSBC and the exchange operator itself. The cyberattack, which deprived investors of important announcements from listed companies, came just hours before Hong Kong [...]
Apple patent war reaches EU August 10, 2011 A German court has temporarily barred Samsung from selling its flagship Galaxy tablet in most of the EU in a significant victory for Apple and its iPad. In a global intellectual property battle, Apple has said the Galaxy line of mobile phones and tablets “slavishly” copied the iPhone and iPad, and it has sued the [...]
Germans and Swiss in tax deal August 10, 2011 Germany and Switzerland have finally reached a deal to try and stop cross-border tax evasion from 2013. The nations have agreed to crack down on German citizens stashing money in Swiss accounts without being taxed, putting an end to a long-running dispute. Germans will be offered the chance to make an anonymous one-off tax payment [...]