Portugal is third EU domino to fall April 6, 2011 PORTUGAL caved in to the unbearable strain on its finances last night as finance minister Fernando Teixeira dos Santos (pictured) admitted that it has asked the EU for a rescue. With the government €10bn (£8.8bn) short of the cash needed to see it through to the end of elections in June, interim Prime Minister Jose [...]
Rooney and referee give Carlo Blues April 6, 2011 CHELSEA (1) vs MANCHESTER UTD (0) CHELSEA manager Carlo Ancelotti accused the referee of cowardice after being denied a late penalty in a defeat that leaves his side facing an uphill task to keep their Champions League quest alive. A first half strike from in-form striker Wayne Rooney gave Manchester United the lead but the [...]
McDowell relishing Masters spotlight April 6, 2011 RYDER CUP star Graeme McDowell insists he’s far from daunted at the prospect of playing the opening two rounds of his Masters campaign alongside Tiger Woods. McDowell, the US Open champion, played with Woods in the third round two years ago and was outscored 70-73, but he has come a long way since then, while [...]
James buys a stake in Reds April 6, 2011 BASKETBALL superstar LeBron James has taken a stake in Liverpool as part of a partnership with the club’s American owners, in an unprecedented move that aligns two of the world’s biggest sporting brands. James, twice named Most Valuable Player in the NBA, has acquired the minority shareholding in the Anfield team as part of a [...]
Lennon: Don’t make me Tottenham’s scapegoat April 6, 2011 TOTTENHAM winger Aaron Lennon insists his manager Harry Redknapp was aware there was chance he would miss Tuesday’s 4-0 drubbing at the hands of Real Madrid as early as last Sunday and hit back at suggestions the size of the occasion caused his last minute withdrawal. Redknapp claimed the England star was unable to play [...]
BOA back down over cash row April 6, 2011 OLYMPICS: Lord Coe, chair of London 2012 organisers Locog, insists he no longer sees the cash wrangle with the British Olympic Association as a dispute. Coe’s comments came after the BOA backed down in the row by asking Locog for fresh talks and putting on hold their legal action with the Court of Arbitration for [...]
Cueto facing lengthy ban April 6, 2011 RUGBY UNION: England winger Mark Cueto has been cited for eye gouging. The charge carries a minimum ban of 12 weeks, jeopardising his hopes for the World Cup in September. Cueto is alleged to have made contact with the eye area during Saturday’s Premiership clash with Northampton. He’ll appear before an RFU disciplinary panel next [...]
US lawyer hit by $32m case April 6, 2011 A LAWYER and a trader were accused by federal prosecutors of running a 17-year conspiracy to trade on corporate merger secrets stolen from three of the nation’s most powerful law firms, in one of the largest US insider trading cases on record. Prosecutors accused Matthew H. Kluger and Garrett D. Bauer of reaping more than [...]
Nick Clegg has got it wrong yet again April 6, 2011 IT seems that Nick Clegg specialises in making unsubstantiated statements. He said yesterday that “who you know is increasingly becoming more important that what you know” when it comes to securing a job in the City as well as in politics, the media and other professions. The key phrase here is “becoming increasingly important.” We [...]
Landsbanki to sell Iceland April 6, 2011 THE majority-owner of Iceland Foods yesterday confirmed that it is a step closer to selling its stake in the supermarket chain, thought to be worth around £1.5bn. The Landsbanki Resolution Committee – the organisation in charge of offloading the toxic assets of bailed-out Icelandic bank Landsbanki – said in a statement yesterday that it “has [...]