Woods confirms divorce August 23, 2010 GOLF: World No1 Tiger Woods last night confirmed his divorce from former wife Elin Nordgren. “We are sad that our marriage is over and we wish each other the very best for the future,” said the American in a statement. Woods apologised publicly for infidelity earlier this year and his results have suffered badly while [...]
GB name Commonwealth team August 23, 2010 ATHLETICS: Double European champion Mo Farah was among the 100 athletes named in England’s team for the Commonwealth Games in Delhi in October. Farah, who won the 5,000m and 10,000m titles in Barcelona last month, is joined by Commonwealth triple jump champion Phillips Idowu and 400m Olympic gold medallist Christine Ohuruogu. Defending 1500m champion Lisa [...]
Clijsters fit enough for US Open August 23, 2010 TENNIS: Reigning US Open champion Kim Clijsters last night declared she will be fit in time to defend her title at Flushing Meadows next week. The Belgian 27-year-old required treatment on her left leg during her quarter-final defeat to Russia’s Vera Zvonareva at the Rogers Cup last week. “I am in no doubt over my [...]
Harrison issues challenge to Haye August 23, 2010 BOXING: British heavyweight Audley Harrison has called on WBA champion David Haye to “man up” and sign a deal to fight him in November. Haye is yet to formally agree to the bout despite Harrison’s camp claiming they have settled on terms. “Man up and get this fight signed,” Harrison said. “Bring on the Battle [...]
TRADERS SEX UP THE DULL WORLD OF FOREX August 23, 2010 THE THINGS that bored traders get up to when they get a minute, eh? The Capitalist chances upon an, err, enterprising website set up by a pair of forex traders, who claim to have cracked the conundrum of how to dispense a barrage of information to their peers while simultaneously holding their interest – by [...]
Bovis back in the black but remains wary August 23, 2010 Bovis Homes swung to a pre-tax profit in the first half of the year yesterday, with the housebuilder saying that sales are holding up during the sluggish summer months. “ We have seen a remarkable stability of sales rates week on week, clearly people talk about the summer being quieter than the spring, we’ve seen [...]
City dismisses fears of 8pc rates as rubbish August 23, 2010 ECONOMISTS yesterday rebuffed suggestions by an influential thinktank that interest rates could soar to eight per cent within two years, describing the claim as “complete rubbish”. Andrew Lilico of the Policy Exchange grabbed headlines by predicting a double-dip recession followed by a swift recovery. Lilico said monetary supply would surge in the upturn, fuelling inflation [...]
ANALYST VIEWS: WHAT DO YOU MAKE OF BOVIS’ RESULT? August 23, 2010 CHRIS MILLINGTON | NUMIS SECURITIES I believe the return to profitability is sustainable, unless housing markets drop considerably. Despite Bovis not having as much short term work planned as competitors, it is in a strong position for the future. MARK HUGHES | PANMURE GORDON From a headline perspective the results are a little bit behind [...]
Feinberg takes over BP’s Gulf spill fund August 23, 2010 KENNETH Feinberg, the man appointed to independently run BP’s $20bn (£12.8bn) escrow fund, has pledged to ensure that individual claimants who have suffered financially from the Gulf of Mexico oil spill receive speedy payment in a bid to deter them from entering into lengthy litigation. Feinberg, who is nicknamed the “pay czar”, said his goal [...]
Petrofac gains from Middle Eastern work August 23, 2010 OIL services group Petrofac said it forecast a 20 per cent rise in pre-tax profit for 2010 yesterday, thanks to a strong backlog of work and new operations in the Middle East built up over the last half year. The FTSE 100-listed firm posted revenues of $2.13bn (£1.37bn) for the last six months, which is [...]