Angry Spurs fans planning to step up Olympic protest January 18, 2011 TOTTENHAM supporters are planning sit-in protests if the club presses ahead with controversial plans to leave their home of 112 years and move five miles across London to the Olympic Stadium in Stratford. Aggrieved fans desperate for Spurs to stay in their home borough say they are also considering boycotting games, as they and West [...]
Citigroup hit as its trading revenues slide January 18, 2011 A SHARP drop in bond trading revenue pushed Citigroup fourth-quarter profit far below expectations, highlighting chief executive Vikram Pandit’s challenges in fully reviving the bank. The earnings miss by Citigroup, which only survived the financial crisis thanks to a massive taxpayer bailout, stoked concern that the bank has yet to resolve the operational weaknesses that [...]
Back in the black still not good enough January 18, 2011 THIS should have been a day of celebration. Citigroup, the bank that teetered on the brink during the crisis, turned a $10.6bn (£6.6bn) profit in 2010 – its first profitable year since Vikram Pandit took the helm in December 2007. But in the event it just wasn’t good enough. It missed expectations for profit quite spectacularly, posting fourth [...]
Sullivan backs Grant January 18, 2011 WEST HAM manager Avram Grant has the “100 per cent” backing of the club’s board, according to co-owner David Sullivan, after it was confirmed that the Israeli would remain in the Upton Park hotseat yesterday. The former Portsmouth and Chelsea boss was widely expected to be replaced by Martin O’Neill after Saturday’s 3-0 drubbing at [...]
Rabobank issues hybrid bonds to fit regulations January 18, 2011 DUTCH lender Rabobank is marketing a new hybrid bond to fit incoming global banking regulations. The bank is planning a deal where investors in its new hybrid bond could lose all their money if its regulatory capital ratio requirements fall below a present threshold, after the Basel Committee on Banking Supervision called for mechanisms to [...]
Boss facing moment of truth January 18, 2011 COMPETENT coach unfairly tarnished by hopeless causes in Portsmouth and now West Ham, or under-qualified charisma-void still dining out on his fleeting association with a great Chelsea side? Whatever you might think of Avram Grant, he certainly divides opinion like few other managers. Grant’s supporters will point to the fact he led Chelsea to the [...]
Easter: I’ll grab England armband with both hands January 18, 2011 ENGLAND No8 Nick Easter says he would relish the chance to lead his country into the Six Nations if asked to take over as captain from the injured Lewis Moody. Regular skipper Moody was yesterday ruled out for up to six weeks, meaning he is likely to miss England’s first three matches of the competition, [...]
Intel poaches technology guru Huggers from BBC January 18, 2011 ERIK Huggers, the BBC’s high-profile technology chief, has been poached by chipmaking giant Intel. The departure, first revealed on Cityam.com yesterday afternoon, is a massive blow for the corporation, which has significantly boosted its online presence under Huggers. Huggers, who became the BBC’s director of future media & technology in August 2008, is emigrating to Silicon [...]
Boeing sets delivery date January 18, 2011 Boeing said the first delivery of its long-delayed 787 Dreamliner would come in the third quarter of 2011, clearing up fears about the schedule after a November electrical fire on a test flight threw the timing into doubt. Boeing shares rose more than three per cent as investors were relieved the delay was not longer. [...]
Murray through to face Marchenko January 18, 2011 BRITISH No1 Andy Murray banished his pre-tournament jitters by cruising into the second round of the Australian Open. The Scot sealed his progress Down Under after opponent Karol Beck retired with injury with the No5 seed leading 6-3, 6-1, 4-2. Murray, still hunting a first grand slam, entered the tournament on the back of an [...]