Dutch banker eyes ECB top job February 22, 2011 Dutch central-bank chief Nout Wellink has signalled his interest in the presidency of the European Central Bank. He told the Wall Street Journal he was looking at “future developments with great interest”. His emergence as a candidate could be welcomed in Germany, following the surprise withdrawal of Bundesbank president Axel Weber earlier this month.
F1 team tightens IPO price range February 22, 2011 Formula One team Williams has reduced the price range for its €265m (£224m)?listing in Germany next week as a result of violent clashes in the Middle East. The racing team has tightened its offering of €24 to €29 per share to between €25 and €27 per share. Formula One’s season opening race in Bahrain was [...]
Moneybookers owner eyes IPO February 22, 2011 The owner of the online money transfer service previously known as Moneybookers plans to announce next week that it is seeking a stock market listing in London aimed at raising about £150m. Investcorp, the Bahrain-based private equity group, could disclose its intention to float Skrill as early as next Monday, according to Sky News.
Amazon reveals film service February 22, 2011 Amazon has unveiled a new video streaming channel that allows users to play films in real time. With a library of 5,000 titles, the services is limited to US-based Amazon Prime members, who pay $79?(£49) per year for free shipping on online orders.
Harry stunned as Spurs strikers fluff their lines February 22, 2011 BLACKPOOL 3 vs TOTTENHAM 1 TOTTENHAM manager Harry Redknapp lambasted his toothless strikeforce after their hopes of holding onto a Champions League spot suffered a major blow with defeat to struggling Blackpool. A Charlie Adam penalty and further goals from DJ Campbell and Brett Ormerod brought the visitors down to earth following last week’s win [...]
New Zealand quake payout may top $6bn February 22, 2011 LONDON insurers were facing the prospect of further large losses yesterday after a 6.3 magnitude earthquake devastated New Zealand’s largest south island city Christchurch. The quake, the country’s worst natural disaster in 80 years, struck the busy business district at lunchtime leaving hundreds trapped by fallen buildings and at least 75 dead. Sources close to [...]
Ontario vows to review plans for TMX and LSE exchange merger February 22, 2011 CANADA’S most powerful province yesterday vowed to launch a nonpartisan review of Toronto and London stock exchange plans to merge. Ontario, whose capital, Toronto, is Canada’s financial centre, questioned whether London Stock Exchange’s planned acquisition of Toronto Stock Exchange parent TMX Group would benefit the province and the country. Growing resistance has thrown into question [...]
Van Persie injury curse hits Arsenal February 22, 2011 ARSENAL could close to within one point of Premier League leaders Manchester United tonight but will have to do so without their most in-form attacker, Robin van Persie, after the Dutchman’s injury curse struck again. Van Persie, who has 11 goals in eight games, and centre-back Laurent Koscielny are both sidelined for the visit of [...]
ANALYST VIEWS: WHAT IS THE LIKELY EXTENT OF THE DAMAGE? February 22, 2011 ROBERT MUIR-WOOD | RMS UK Christchurch city was much closer to the epicentre and damage is reported to be significantly higher than last year. Two buses were crushed by collapsed buildings, contributing to the high death toll, and there are reports of landslides. House reconstruction costs are likely to exceed the Earthquake Commission’s ‘first loss’ [...]
Fergie: Nani can become new Ronaldo February 22, 2011 MARSEILLE vs MAN UNITED MANCHESTER UNITED manager Sir Alex Ferguson believes Nani is showing signs that he is capable of emulating the success Cristiano Ronaldo enjoyed at Old Trafford. Ronaldo spearheaded United’s successful Champions League campaign in 2008 and so dramatic has Nani’s transformation from bit-part player to automatic starter this season been that it [...]