Westwood to lead Europe into combat September 30, 2010 ENGLAND’S Lee Westwood and Germany’s Martin Kaymer will launch Europe’s challenge to reclaim the Ryder Cup when they face Phil Mickelson and Dustin Johnson of the United States in this morning’s opening fourball. Northern Irishman Rory McIlroy did not get the clash with world No1 Tiger Woods that he craved, the youngster and his partner, [...]
Contador blames positive drugs test on a contaminated meal September 30, 2010 TOUR de France winner Alberto Contador last night blamed contaminated meat for the failed drug test that threatens to destroy his reputation. It emerged yesterday that three-time Tour winner Contador tested positive for the steroid clenbuterol during this year’s race, with a ‘B’ sample confirming the results. But the amount of the banned substance was [...]
Johnson earns City point September 30, 2010 MANCHESTER CITY (1) vs JUVENTUS (1) ENGLAND winger Adam Johnson scored the equaliser as Manchester City came from behind to earn a draw in the Europa League. Juventus took the lead after just 10 minutes when striker Vincenzo Iaquinta cut in from the wing and unleashed a 35-yard shot that clipped Kolo Toure on its [...]
Reds fail to end winless run in Dutch stalemate September 30, 2010 LIVERPOOL failed to win for a fourth successive match last night when they scraped a 0-0 draw at Utrecht. The result in Holland keeps Roy Hodgson’s men top of Europa League Group K, but does little for the team’s fragile confidence. Captain Steven Gerrard may have been rested but it was an otherwise strong side [...]
US defies China in currency row September 29, 2010 THE RISK of a global currency war escalated yesterday as the US passed a measure threatening trade with China in response to its efforts to keep the yuan undervalued. Politicians voted 348 to 79 in favour of a measure that would allow – but not require – the US Department of Commerce to assess levies [...]
D-Day for Ireland as yields rise September 29, 2010 THE full cost of the 2008 banking crisis in Ireland will be laid bare today with the republic’s government expected to admit that bailing out Anglo Irish Bank will exceed €35bn (£30.2bn) – more than 20 per cent of Ireland’s GDP. Ahead of today’s announcement, detailing the extent of a fresh recapitalisation, embattled Irish Prime Minister, [...]
EU mulls fines on big deficits September 29, 2010 THE EUROPEAN Commission proposed tougher sanctions on Eurozone countries that breach EU budget rules yesterday, as trade unions staged strikes and protests against austerity measures. The EU executive outlined plans to prevent a repeat of Greece’s debt crisis by making chronic deficit offenders deposit 0.2 per cent of their gross domestic product with Brussels. The [...]
Why QE2 would be wrong for Britain September 29, 2010 THERE is a growing expectation that the Bank of England will eventually announce a renewed bout of quantitative easing (QE). Yet such a decision, supported by Adam Posen of the monetary policy committee, would be a mistake: the economy, while sluggish, is growing; the money supply is expanding; credit conditions are improving; and inflation remains [...]
BHP awaits Potash study September 29, 2010 BHP BILLITON’S efforts to take over Potash Corp endured another twist yesterday, as rival bidder Sinochem struggled to find partners for a counterbid while a Canadian report on BHP’s suitability as a bidder was delayed. Chinese firm Sinochem has failed to team up with Russian fertiliser group UralKali, according to reports last night, leaving it [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 29, 2010 FINANCIAL TIMES WAITROSE EYES DUCHY ORIGINALS US PUSH Waitrose is making its first foray into the US through its Duchy Originals range, the label founded by Prince Charles. The supermarket arm of the employee-owned John Lewis Partnership is talking to North American retailers and distributors about selling Duchy Originals products in US stores. PENSIONS REGULATOR [...]