FTSE bounces in New Year rally January 4, 2011 POSITIVE economic news from across the globe saw a sharp rise in London stocks, with the FTSE jumping above the psychologically-important 6,000 barrier. It finished the day up almost two per cent at 6,013.87 – its highest close since the start of June 2008. And US markets also reacted positively after being reassured by the [...]
England must show Mitchell respect January 4, 2011 OUR cricket columnist, former England batsman and Warwickshire chairman Andy Lloyd, has been poring over all the Ashes action. Here he dissects what he’s learned from the play so far. HOSTILITY It’s almost impossible to pigeonhole Mitchell Johnson, but he’s certainly a player who can hurt you if you don’t respect him. He’s got bucket [...]
Oberthur plays nasty with De La Rue offer January 4, 2011 FRENCH money-printer Oberthur Technologies tried yesterday to stir up a row among shareholders of its takeover target, De La Rue. On the first day for De La Rue’s new chief executive Tim Cobbold, Oberthur said the company had lost its largest client, the Reserve Bank of India, and called on the board to inform shareholders. [...]
Hughes sleeps easier as Davies show lifts Fulham January 4, 2011 FULHAM 3 vs WEST BROM 0 FULHAM boss Mark Hughes urged his side to build on their recent revival after an emphatic second win in three games hoisted them out of the Premier League relegation zone and up to the heady heights of 13th. Goals from Simon Davies, Clint Dempsey and Brede Hangeland earned Hughes’s [...]
Morgan Stan gets new COO January 4, 2011 MORGAN STANLEY has appointed its head of technology as chief operating officer. The bank yesterday named Jim Rosenthal to succeed Tom Nides, who departed late last year to join the US State Department under Hilary Clinton as deputy secretary for management and resources. Rosenthal will handle the integration of the New York investment bank’s brokerage [...]
We are barking up the wrong tree January 4, 2011 ANOTHER day, another set of strong global economic figures. UK manufacturing is expanding at its fastest rate since 1994, according to a key survey. US factory orders are accelerating and the Fed upped its growth outlook last night. The world is undergoing an emerging-markets led rebound; barring an implosion in the Eurozone or some other [...]
Ancelotti admits he’s lucky January 4, 2011 FOOTBALL: Chelsea manager Carlo Ancelotti admits he is lucky to have kept his job after presiding over the worst run of form under the reign of owner Roman Abramovich. The Blues have taken just 10 points from their last 10 Premier League matches ahead of tonight’s trip to Wolves. Ancelotti said: “I am a lucky [...]
What the other papers say this morning January 4, 2011 FINANCIAL TIMES BOND SURGE ON BOTH SIDES OF THE ATLANTIC AS COMPANIES VIE FOR FUNDS Companies have embarked on an early-year rush to issue debt in an effort to beat rivals and secure financing before any rise in borrowing costs.The surge in bond issuance on both sides of the Atlantic on Tuesday came as equity [...]
Redknapp cools Beckham talk January 4, 2011 FOOTBALL: Tottenham boss Harry Redknapp admits he may have to shelve plans to sign David Beckham on loan if the former England captain is only available until March. Beckham, 35, is due back in America for LA Galaxy’s first match of the 2011 MLS season on 15 March. Redknapp said: “I’d like him, I’m a [...]
Ronaldinho set for Gremio January 4, 2011 FOOTBALL: Ronaldinho is set to snub Blackburn and complete a transfer to his former club Gremio. The 30-year-old Brazil World Cup winner had been offered £20m over three years by Rovers’ Indian owners to join the Ewood Park club, but he is believed to have opted to return to the club at which he started [...]
