Evans wants Scots to finish on a big high March 17, 2011 SCOTLAND wing Max Evans hopes to show further glimpses of his talent in a winning cause when Scotland take on Italy in the RBS 6 Nations tomorrow. Evans scored a superb try in last Sunday’s defeat against England, and will be out to ensure his side don’t suffer a fifth straight defeat against and improving Italy. [...]
G7 tries to put brakes on yen March 17, 2011 MAJOR central banks agreed to co-ordinate action to drive the yen lower last night in a desperate bid to stem the yen’s rapid rise. The extraordinary move comes after the yen surged to a record 76.25 against the dollar – fuelling fears that Japan’s economy, already crippled by last week’s earthquake and tsunami, would suffer [...]
We must act fast and decisively to save Libya’s rebels March 17, 2011 YET again, we are at war. By the time this newspaper hits the streets this morning, airstrikes against Libya may already have started, led by the UK, France and perhaps others, including the US, members of the Arab League, and Canada. Just after 10:30pm last night, the United Nations Security Council voted 10-0, with five [...]
What the other papers say this morning March 17, 2011 FINANCIAL TIMES RAJARATNAM REVEALED OUTSOURCER’S SALE Raj Rajaratnam, the hedge fund billionaire on trial for alleged insider trading, told a friend the price an Indian company offered to pay for PeopleSupport days before a deal was announced, according to a phone call played by prosecutors. TCHENGUIZ PLANS TO RESTRUCTURE £2BN DEBT PILE Vincent Tchenguiz, the [...]
Radiation risk at Fukushima plant escalates March 17, 2011 RADIATION levels spiked at deadly levels at the Fukushima plant yesterday, as increasingly desperate efforts to cool the reactors continued. Officials measured radiation at almost 4,000 millisivert (mSv) per hour yesterday morning, plant operator Tokyo Electric Power Company (TEPCO) told a press conference, and levels hit 170mSv per hour at the north west end of [...]
Japan exodus goes on March 17, 2011 THE corporate exodus from Japan’s capital Tokyo continued yesterday, with real estate agent Savills among major firms closing their offices there. In a sign of growing nervousness at the threat of a nuclear meltdown at the Fukushima Daiichi power station, the UK joined others in offering charter flights out of Tokyo’s Narita airport for British [...]
ISS pulls its £1.6bn float March 17, 2011 DANISH outsourcing firm ISS pulled its listing plans at the eleventh hour in a dramatic turnaround last night. The highly anticipated £1.55bn float in Copenhagen was to be one of Europe’s biggest this year and its cancellation is a major setback for ISS’s equity-holders. It is 55 per cent owned by EQT and 45 per [...]
Gas prices push up while uranium falls after crisis March 17, 2011 GAS prices rose to a two-year high in Europe after Japan’s earthquake and tsunami crippled Fukushima Daiichi plant, triggering the worst nuclear disaster since Chernobyl. The price of liquefied natural gas (LNG) jumped more than seven per cent yesterday to reach 74p per therm, on expectations that imports for the UK will be diverted to [...]
CITY VIEWS: DO YOU TRUST NUCLEAR ENERGY? March 17, 2011 MICHAEL HOWARD | KENNEDYS “I absolutely trust nuclear energy because it’s going in the right direction. While it wasn’t the brightest idea to put nuclear energy plants in areas that are prone to earthquakes, we need more analysis on how we can safely contain potential meltdowns.” GRANT ROBERTSON | MILES SMITH “Before the earthquake and [...]
RBS reveals five highest paid bankers earn total of £20m March 17, 2011 RBS’ highest-paid bankers were named yesterday as it revealed it paid five top-ranking employees a total of more than £20m last year. RBS originally published its biggest pay awards anonymously as part of the Project Merlin deal with the government but staff members could be identified from analysis of its stock market filings. RBS said [...]
