Kubica in good condition but still in intensive care ahead of final op February 14, 2011 RENAULT driver Robert Kubica is set to undergo a final round of surgery tomorrow as he recovers from the career-threatening crash he suffered earlier this month. Doctors will operate on Kubica’s elbow as the Pole goes under the knife for a third time since ploughing his rally car into a church wall during the Ronde [...]
G20 backs away from commodities curbs February 14, 2011 THE G20 is set to shy away from tough curbs on commodities speculation after leading producers lined up to oppose any interference in the boom in raw materials prices. France, which is currently the president of the Group of 20 leading economies, had pushed for market intervention to halt skyrocketing prices linked to aggressive trades. [...]
FORM AND FITNESS STILL A BIG WORRY FOR COLLINGWOOD February 14, 2011 ENGLAND all-rounder Paul Collingwood admits he’s still struggling for form and fitness ahead of tomorrow’s World Cup warm-up match against Canada. The 33-year-old, who celebrated the birth of his third daughter last week, has failed to pass 50 in his last 11 one-day internationals and is currently struggling with a back problem. “I had injections [...]
LSE speeds up trading February 14, 2011 THE LONDON Stock Exchange has transferred its main trading platform to a faster system in an effort to gain ground on technologically superior competitors. The bourse, which has been hit by several embarrassing technology glitches in the past, said the transition to its new ultra-low latency trading platform – Millennium Exchange – went smoothly. It [...]
NEWBURY POST-MORTEM RESULTS DELAY February 14, 2011 HORSE RACING: The results of the post-mortem examinations into the two horses, Fenix Two and Marching Song, who died at Newbury on Saturday have been delayed. Paul Struthers, head of communications for the BHA, said: “It is only right that we do not make any announcement until we have reviewed the results.”
Omega sued by ex-boss February 14, 2011 RICHARD Tolliday, the former Omega Insurance chief executive, could be entitled to £6m compensation after his forced departure from the firm, sources told City A.M. yesterday. Tolliday is suing Omega for compensation relating to his exit from the company last March, when a shareholder coup ousted chairman Walter Fiederowicz and the board. He has filed [...]
BRAZIL STAR RONALDO RETIRES February 14, 2011 FOOTBALL: Brazilian striker Ronaldo the all-time leading World Cup goalscorer and three-time Fifa World Player of the Year, has retired. “The body can’t take much more,” said the 34-year-old former Barcelona and Real Madrid star.
CEOs look to Asia for growth February 14, 2011 GLOBALISATION and growth are back on the agenda for chief executives as they seek to gain from a mixed recovery, a new survey showed yesterday. Confidence among company heads worldwide is returning to a level to rival boom years such as 2005 and 2006, as strict cost control and restructuring over the past two years [...]
WOODS APOLOGISES FOR SPITTING February 14, 2011 GOLF: Tiger Woods has said sorry after he was caught spitting at the Dubai Desert Classic. “It was inconsiderate to spit like that and I know better,” he said after the European Tour confirmed he would be fined.
Funds target emerging markets February 14, 2011 ECONOMIC recovery in different global regions is happening at varying speeds, leading asset managers to invest in a wide range of emerging markets for growth, a new survey found yesterday. Fund managers are cautiously optimistic that indebted western economies will deal with sovereign debt, but are targeting Asia for returns, a survey by RBC Capital [...]