CAR TALK June 28, 2011 URBAN CROSSOVER COUPE Citroen has launched its new DS4, a cool urban crossover coupé that has already won awards for its interior design. The car will sell with five engines – HDi 110 and HDi 160 diesel and VTi 120, THP 155 and a new THP 200 petrol. A DS4 equipped with the THP 200 [...]
Asian tycoon lines up £2bn utility bid June 27, 2011 ONE of the world’s richest men is mulling a bid for Northumbrian Water that could value it at more than £2bn. Li Ka-shing, the wealthiest man in east Asia, triggered an eight per cent surge in Northumbrian shares when Cheung Kong Infrastructure (CKI), his investment vehicle, said it was considering making an offer for the [...]
Lenders slash mortgage rates to the lowest levels on record June 27, 2011 MORTGAGE interest rates have plummeted to an historic low, as lenders expect the Bank of England to persist with its loose monetary policy. Both tracker and fixed rate mortgages have slipped to their cheapest levels since 1988, when the website Moneyfacts began collecting the data. “An imminent rise in the Bank base rate now appears [...]
Basel hits market for CoCos June 27, 2011 THE size of the potential market for contingent convertible bonds (CoCos) in the UK has shrunk by two thirds following a decision not to allow banks to count the instruments as capital cushions, according to analysis by Bank of America/Merrill Lynch. Having previously estimated that the market for CoCos could be worth between £44bn and £88bn, [...]
WHAT A SCORCHER June 27, 2011 Murray signals his intent with a top class display but Nadal and Federer are looming large BRITISH No1 Andy Murray produced one of the most complete grass court performances of his career to defeat Richard Gasquet in straight sets and reach the Wimbledon quarter-finals, but admits he now feels like a boxer heading into the [...]
It looks like the end of an era as Venus and Serena exit on a day of big shocks June 27, 2011 THE quarter-finals of the Wimbledon women’s singles event will be a Williams free zone for the first time since 2006 after both sisters suffered defeats yesterday, while No1 seed Caroline Wozniacki also fell by the wayside on a day of shocks. Defending champion Serena was ousted in the fourth round by France’s Marion Bartoli 6-3, [...]
Arsenal prepared to sell Fabregas if the price is right June 27, 2011 ARSENAL captain Cesc Fabregas will join Barcelona this summer if the two clubs can finally agree a fee, according to a senior club source. The north London club have fought off numerous advances from the European champions for the services of their star man in the past but their resolve finally appears to have been [...]
Captain Cook confident he can plot England’s course June 27, 2011 TEST run machine Alastair Cook has vowed to prove his doubters wrong when he resumes his England one-day career as captain against Sri Lanka on today. Cook’s most obvious role model in terms of restructuring his Test game to suit the shorter form is his predecessor as ODI skipper Andrew Strauss. By the time he retired [...]
Haye vows to scramble robotic Klitschko’s wires June 27, 2011 BRITAIN’S David Haye has branded Wladimir Klitschko a “robot” and has vowed to ensure he “malfunctions” in their world heavyweight unification bout. Londoner Haye, 30, will pit his WBA belt against Klitschko’s IBF and WBO titles in Hamburg, Germany on Saturday. “Wladimir is in great shape, is mentally prepared and has viewed all the tapes [...]
Hot spot made mandatory by ICC June 27, 2011 CRICKET: The ICC chief executives’ committee (CEC) has unanimously agreed to make a modified version of the Decision Review System (DRS) mandatory in all Tests and one-day internationals. This means India will, for the first time since 2008, be agreeable to using the DRS in a bilateral series when it tours England in July. However, [...]
