PETROFAC’S AYMAN ASFARI NAMED AS UK ENTREPRENEUR OF THE YEAR October 18, 2010 IN A climate where repairing the frazzled economy is paramount, it seemed fitting to see hundreds of the UK’s most successful company bosses and their advisers, bankers and friends gather at the Park Lane Hilton last night to celebrate the heroes of the recovery – entrepreneurs – at the Ernst & Young Entrepreneur of the [...]
McGeechan mulls Irvine’s Lions offer October 18, 2010 BRITISH and Irish Lions icon Sir Ian McGeechan has hinted he could be tempted to go back on his word and return for another stint as coach. McGeechan, a veteran of seven Lions tours, insisted after coaching in last year’s hard-fought expedition to South Africa that his long association with the team was at an [...]
Strauss: Australia off the mark with KP criticism October 18, 2010 ENGLAND captain Andrew Strauss has hit back at Australian claims that misfiring batsman Kevin Pietersen could be a disruptive influence during the Ashes. Ex-Aussie coach John Buchanan called Pietersen “fragmentary and individualist” and warned he could upset the squad during the series, which starts next month. But Strauss said: “Kevin Pietersen has never been a [...]
Ancelotti unfazed by Terry mindset in Moscow October 18, 2010 SPARTAK MOSCOW vs CHELSEA Sky Sports 2, kick-off 5:30pm IF recent history is anything to go by, Chelsea manager Carlo Ancelotti has good reason to fear his side’s visit to the Luzhniki Stadium this evening. Last time the Blues played there John Terry ended the night in tears after the captain’s penalty shoot-out miss denied [...]
UKLA endorsed by City as consultation winds up October 18, 2010 THE UK Listing Authority (UKLA) received backing from the City yesterday, just as the government consultation on its future closed. The Listing Authority Advisory Committee (LAAC), the body which represents the investment community in its dealings with the UKLA, said overall satisfaction with the authority had risen to 72 per cent compared to 69 per [...]
Governance Code gains support October 18, 2010 Sixty-eight institutions have published statements of support for the new UK Corporate Stewardship Code, including 48 asset managers, 12 asset owners and eight service providers. “A critical mass of investors is coming through and this is a very important first step,” said Financial Reporting Council chairman, Baroness Hogg. The Stewardship Code is being introduced to [...]
Fifa widens World Cup bribery probe October 18, 2010 THE CRISIS enveloping the bidding process for the 2018 World Cup deepened last night when governing body Fifa revealed it had widened its investigation into claims of corruption. Two members of Fifa’s executive committee, which will in December decide who hosts that 2018 and 2022 tournaments, are being probed over claims they offered to sell [...]
RBC makes £963m offer for Bluebay October 18, 2010 BLUEBAY Asset Management has accepted a takeover offer from Royal Bank of Canada (RBC), it said yesterday, in a deal which values the fixed income investment firm at £963m ($1.5bn). Bluebay shareholders, if they agree to the deal, will receive 485p per share representing a premium of 29.1 per cent on the fund manager’s closing [...]
No fear: Murray reveals how to get the better of Federer October 18, 2010 BRITAIN’S Andy Murray has revealed the secret of his superb record against 16-time Grand Slam winner Roger Federer: playing without fear. Murray triumphed over the Swiss superstar yet again on Sunday as he clinched his second title of the year at the Shanghai Masters. That took the Scot’s head-to-head record against Federer to 8-5 in [...]
Insurer Hardy rebuffs offer from Beazley October 18, 2010 Lloyd’s of London insurer Beazley yesterday said it still hoped to clinch a takeover of Hardy Underwriting after its smaller peer rejected an initial 300p per share approach this month. Dublin-based Beazley said its proposed cash offer on 6 October valued Hardy at about £155m. The approach, which represented a 36 per cent premium to [...]
