Ireland to fight tax harmony by the back door March 16, 2011 IRELAND is to fiercely oppose what its Prime Minister Enda Kenny has called an EU attempt at “harmonisation of taxes by the back door”. Proposals published by the European Commission (EC) yesterday aim to offer companies a single set of rules for calculating their corporate tax across the whole EU. But the proposals have been [...]
Rajaratnam’s lawyer says information was public March 16, 2011 ACCUSED hedge fund manager Raj Rajaratnam did not get secrets about Advanced Micro Devices and eBay from a former high-placed friend because the information was already public, his lawyer argued at his trial yesterday. In heated exchanges that came close to shouting in the biggest Wall Street insider trading trial in decades, lawyer John Dowd [...]
China halts nuclear plant programme March 16, 2011 CHINA slapped a moratorium on all nuclear plant development yesterday, announcing a full-scale safety review of the world’s biggest nuclear programme. “We will temporarily suspend approval of nuclear power projects, including those in the preliminary stages of development, before nuclear safety regulations are approved,” said the state council, or cabinet, in a statement. The suspension [...]
Japan races to cool unstable nuclear plants March 16, 2011 OPERATORS of the quake-crippled nuclear plant in Japan said they would try again yesterday to use military helicopters to douse overheating reactors, as US officials warned of a rising risk of a catastrophic radiation leak from spent fuel rods. Japan had earlier called off helicopters attempting to pour water on its exposed nuclear reactors at [...]
Yen hits high against dollar March 16, 2011 THE YEN surged to an all-time record high against the dollar yesterday as fears Japan may be losing its battle to contain a nuclear meltdown saw demand for the currency rocket on expectations that Japanese investors will bring home cash from abroad to help finance reconstruction of the crisis-stricken country. The dollar plunged by more [...]
FA chiefs hit Sir Alex with five game ban March 16, 2011 MANCHESTER UNITED manager Sir Alex Ferguson will be consigned to the stands for the entire month of April after Football Association chiefs threw the book at him for repeatedly criticising referees. Ferguson has been ordered to serve a five-match touchline ban and pay a hefty fine of £30,000 for remarks he made about referee Martin [...]
Carlo: Goals will come March 16, 2011 CHELSEA 0 vs FC COPENHAGEN 0 Chelsea win 2-0 on aggregate CHELSEA manager Carlo Ancelotti defended his misfiring strikers after his three main men failed to find a way past FC Copenhagen in last night’s Champions League stalemate. Having gone five games without a goal for his new club since his record-breaking £50m move from [...]
THRILLER AT THE COTTAGE March 16, 2011 FULHAM have announced plans to unveil a statue of deceased pop icon Michael Jackson outside Craven Cottage next month, on 3 April. Cottagers chairman Mohamed Al Fayed, a friend of the superstar, had planned to house the memorial, which may look like the one above, in Harrods but has switched venues having sold the store [...]
Champion display from Lynch and Sizing Europe March 16, 2011 SIZING EUROPE capped a fantastic day for the Irish at Cheltenham as the 10-1 shot landed the Queen Mother Champion Chase in impressive style. Last year’s Arkle winner led from a long way out for jockey Andrew Lynch and battled on bravely to hold the title-holder and 3-1 jolly Big Zeb. Captain Cee Bee was [...]
Windies to capitalise on homesick England March 16, 2011 WEST INDIES will look to exploit the feeling that England are already “mentally on the plane home” when the teams meet in their decisive World Cup clash today, according to Windies skipper Darren Sammy. Andrew Strauss’s battle weary side must beat the men from the Caribbean in order to keep alive hopes of making it [...]
