Change in fortunes looks here to stay May 26, 2011 THINGS finally seem to be looking up for Man Group. After recovering from being hit by big outflows throughout 2009 and 2010, it has now also managed to sidestep the spectre of the Japanese earthquake, with the launch of a Japan version of its AHL fund attracting $2bn of investment. The Nomura Global Trend is [...]
Final could move back to midweek May 26, 2011 EUROPEAN chiefs are thought to be considering switching the Champions League final back to Wednesday. Viewing figures for last year’s match, the first to be held on a Saturday, were not as high as hoped and a significant drop from the previous final. It is understood the matter has been discussed within the FA. A [...]
Westwood stunned by Donald’s Wentworth wizardry May 26, 2011 WORLD No1 Lee Westwood joked his compatriot Luke Donald should be drug tested after posting a remarkable 64 in tough conditions on the first day of the BMW PGA Championship at Wentworth. Donald finished on seven under, two shots clear of Italian teenager Matteo Manassero and Sweden’s Johan Edfors. Westwood finished on level par after [...]
Apple warns Mac users as virus appears May 26, 2011 APPLE is fighting what security experts warned yesterday may be the most pernicious types of computer virus to ever target its line of Mac computers. The company was forced to issue a security advisory warning to customers about a recent scam that infects Macs with malicious software that wrongly tells them their computer is infected [...]
UK resolution plans diverge from peers May 26, 2011 THE UK is the only major Western country so far to approve temporary public ownership of collapsing banks, a report by law firm Clifford Chance shows. In a comparison of resolution regimes, which allow a regulator to take over and wind up failing financial institutions instead of bailing them out, Clifford Chance determined the UK [...]
Bolt pips Powell on his return May 26, 2011 ATHLETICS: World 100m record holder Usain Bolt capped his return to the track after a 10-month absence with the narrowest of victories over Asafa Powel at the Diamond League meeting in Rome. Bolt trailed until the last five metres and finished in a time of 9.91 seconds.
Virgin Atlantic expects to unveil new partnership within months May 26, 2011 VIRGIN boss Sir Richard Branson said yesterday up to three suitors of his Virgin Atlantic airline are set to bid for a stake in the company, with an announcement on the tie-in due within the next three months. Branson, speaking at an event in the States, said he will remain involved with the carrier as [...]
Hamilton angered by Toro Rosso May 26, 2011 FORMULA ONE: McLaren’s Lewis Hamilton has told stewards in Monaco to keep an eye on Toro Rosso’s drivers, accusing them of holding him up in Spain last week. Hamilton said: “They [Toro Rosso] let Vettel past and then they held me up.”
Burberry sees profits surge as Asia booms May 26, 2011 BURBERRY is stepping up spending on new stores to cash in on a boom in demand for luxury goods in Asia as it met forecasts with a 39 per cent jump in full-year profit. Profit for the 12 months to the end of March were £296m with revenues up 27 per cent to £1.5bn. The [...]
ECB to launch county review May 26, 2011 CRICKET: The England and Wales Cricket Board has appointed the former ICC and ECB Chairman David Morgan to conduct an extensive review into the business of domestic cricket.
