Given makes Villa move July 18, 2011 FOOTBALL: Aston Villa have confirmed the signing of goalkeeper Shay Given from Manchester City on a five-year deal. Given, 35, becomes the first signing of Alex McLeish’s tenure.
Davis Cup will return to Glasgow July 18, 2011 TENNIS: Braehead Arena in Glasgow has been chosen as the venue for Great Britain’s Davis Cup tie against Hungary in September. Captain Leon Smith says the decision was inspired by the backing GB received during the win over Luxembourg earlier this month.
Khan ready for toughest test July 18, 2011 BOXING: Amir Khan believes he will face the sternest test of his career when he meets Zab Judah in Las Vegas on Saturday night. “I think he could be the toughest one yet,” said Khan. “He’s a five-time world champion and a two-weight world champion.”
Gold is through the roof and silver set to follow July 18, 2011 GOLD is stealing all the headlines, having broken $1,600. This is on the back of justifiable fears of a grim economic outlook, particularly in the highly indebted Eurozone countries and US. But silver is on the up too and with the gold/silver ratio (graph right) suggesting that the latter is lagging behind the former, silver [...]
THE PRECIOUS METALS SHINE IN POLICY FOG July 18, 2011 LAST week was a difficult one for equity investors, thanks to a lack of clarity from policymakers and central bankers. On Tuesday, the minutes of the last Federal Open Market Committee meeting stated that it may “be appropriate to provide additional monetary policy accommodation” if economic growth remained too slow to reduce unemployment. This led [...]
Met chief quits July 17, 2011 THE Metropolitan Police chief sensationally quit last night as the phone hacking scandal spread to the top of the UK establishment to claim its most high-profile scalp yet. The shock resignation came just hours after former News International boss Rebekah Brooks was arrested over her role in the affair, taking the total number of arrests [...]
Stress tests criticised after they fail to examine sovereign default July 17, 2011 EUROPE’S stress tests were too lenient and are sending analysts down a series of “blind alleys” rather than providing the clarity needed to calm the region’s fraught markets, experts have warned. The results of the tests, released on Friday, saw just eight out of 90 banks fail to maintain sufficient capital in an “adverse” scenario [...]
Rescue plan for care home July 17, 2011 INVESTORS in Southern Cross are working on an audacious plan to rescue the stricken care homes group from closure. Last week, Southern Cross’ shares were suspended and it said it would wind itself up. Sources told City A.M. the plan to rescue parts of the business would involve raising £50m in new funds; securing a [...]
Our free press must not be censored July 17, 2011 ALL too predictably, some politicians and powerful individuals with an interest in a servile media are using the hacking crisis to cripple freedom of speech, to advance their own ideological agendas and to damage commercial journalism. First, let me reiterate that this newspaper, which is independent and not part of any media group, would never [...]
Harry Potter nets £300m July 17, 2011 THE final Harry Potter film has shattered worldwide box office records with $476m (£295m) in global ticket sales since it opened last week. And the $168.6m US and Canadian takings for “Harry Potter and the Deathly Hallows — Part 2” is the best three-day opening for a film ever, distributor Warner Bros said yesterday. It [...]