Virgin witholds BAA charges in snow row January 10, 2011 SIR RICHARD Branson’s airline Virgin Atlantic has refused to pay fees owed to airport operator BAA following the chaos at Heathrow during the icy weather, and said it might take legal action. Virgin plans to withhold bills for landing and parking planes until it sees the results of an internal BAA inquiry into the disruption, [...]
Beckham to train with Spurs January 10, 2011 Becks passes medical as advisers reject claims his move is a PR stunt to aid Olympic Stadium switch FORMER ENGLAND captain David Beckham will train with Tottenham’s first-team squad for the first time today after completing a series of medical tests at the club’s training ground. The Los Angeles Galaxy midfielder will begin a four-week training stint [...]
FSA cheers as trio admit insider deals January 10, 2011 A FORMER Dresdner Kleinwort banker, his wife and a Singaporean man have pleaded guilty to eight counts of insider dealing, allowing City watchdog the FSA to claim its latest victory in a crackdown on market abuse. Helmy Omar Sa’aid, 34, yesterday appeared at Southwark Crown Court to admit to being the third member of a [...]
PetroChina to take a stake in UK oil refinery January 10, 2011 CHINA’S biggest oil firm PetroChina signed a deal to invest in one of Scotland’s biggest refineries yesterday, expanding its global refining foothold as China caps domestic fuel prices to tame inflation. Deputy prime minister Nick Clegg and China’s vice premier Li Ke Qiang oversaw the signing of the deal, which was part of £2.6bn-worth of [...]
Dalglish could be permanent boss January 10, 2011 NEW Liverpool caretaker manager Kenny Dalglish will be a candidate for the job on a permanent basis. The Scot is in charge until the end of the season, with director of football Damien Comolli searching for Roy Hodgson’s long-term successor. Asked whether Dalglish would be considered, Comolli said: “The answer is yes.” Dalglish added: “If [...]
England ponder revival of Home Nations dates January 10, 2011 A HOME NATIONS tournament involving England, Scotland, Wales and Northern Ireland could be set to return to the sporting calendar for the first time since 1984. Football Association chiefs have held talks about reviving the competition, with new sponsors Vauxhall said to be particularly keen on the move. The FA will today confirm an agreement [...]
BP suffers as leak shuts key pipeline January 10, 2011 BP SHARES slumped more than two per cent yesterday morning after the news at the weekend that the Trans-Alaska Pipeline is closed while a leak is repaired. BP has shut down 95 per cent of oil production linked to a pumping station at Alaska’s North Slope after a leak was found on Saturday. The 800-mile [...]
Real deals: The transfers that look like happening January 10, 2011 THE JANUARY transfer window is slowly clicking into gear. With time running out for managers to bolster their squads here are three deals likely to beat the deadline. STEVEN PIENAAR The South Africa international (right) is one of a quartet of Everton midfielders who would comfortably slot into a top four side. With Harry Redknapp’s [...]
City views: Is Virgin Atlantic Atlantic right to withhold fees over Heathrow’s handling of the snow? January 10, 2011 HELEN WHITEHEAD | SMBCE “I don’t think it handled the snow well. Considering how much snow fell in New York I’d think it’s relatively unacceptable. But maybe compared to the rest of Europe it was pretty standard.” NADIA MIRANVIEE | CREDIT MUTUEL “It’s a good thing that Virgin is doing this. The airlines suffer when [...]
Omega gets bid approach January 10, 2011 SHAREHOLDERS at Lloyd’s of London insurer Omega Insurance are mulling a takeover bid from private equity-backed rival Canopius, it was confirmed yesterday. Omega said it had received an unsolicited approach proposing an unspecified mixture of cash and unquoted shares but an offer would not necessarily be forthcoming. Omega’s board would continue to focus on growing [...]