Ruthless Gayle hits historic six November 13, 2012 WEST Indies batsman Chris Gayle made history yesterday by becoming the first player to smash a six off the first ball of a Test match. The big-hitting left-hander blasted Bangladesh’s Sohad Gazi over long-on in the first Test, although the debutant had the last laugh when he had Gayle caught for 24. West Indies closed [...]
Monye axed as Ashton returns for Aussie date November 13, 2012 ENGLAND rugby head coach Stuart Lancaster has offered sympathy to wing Ugo Monye after leaving him out of his 23-man squad to play Australia on Saturday, as Chris Ashton returns from a suspension. Monye’s omission is the only change from the squad that defeated Fiji 54-12 at Twickenham at the weekend, with Gloucester’s Charlie Sharples [...]
Dettori facing inquiry after failed drug test November 13, 2012 THREE-TIME Champion Jockey Frankie Dettori faces a French horse racing inquiry after returning a positive test for a banned substance at a meeting at Longchamp in September. A solicitor for Dettori, arguably the highest profile rider in flat racing over the last two decades, said the British-based Italian’s case would be heard next week. “On [...]
Flood pretty dry on Ioane taunts November 13, 2012 FLY-HALF Toby Flood has laughed off taunts by Australia’s Digby Ioane that England’s wingers are nothing but pretty boys. “The England wingers are pretty, really good looking. I just can’t wait to go against them,” said Ioane, who will line up against Chris Ashton on Saturday. Flood saw the funny side, saying: “I can see [...]
RFU play down £6m loss November 13, 2012 Governing body the RFU has reported losses of £6.3m for 2011-12 after the World Cup meant fewer lucrative games at Twickenham. The RFU said the loss was anticipated and balanced by profits accrued over a four-year cycle.
Romanov snubs Hearts fans’ bid November 13, 2012 A fans’ group hoping to buy Scottish Premier League club Hearts has had an initial offer rejected by owner Vladimir Romanov. The Hearts Foundation, comprised of supporters and local businessmen, acted following the club’s admission last week it needed donations to pay a tax bill of around £500,000.
50,000 zombie firms to fail if rates rise November 12, 2012 TENS of thousands of firms are set to go bust when interest rates rise, taking hundreds of thousands of jobs down with them, business troubleshooting group the Institute for Turnaround (IfT) has warned. There are almost 150,000 zombie firms in the UK – businesses that are fundamentally broken, and only still alive because ultra-low interest [...]
Hoare Govett owner Jefferies sold in $3.6bn share deal November 12, 2012 INVESTMENT bank Jefferies, owner of UK corporate broker Hoare Govett, yesterday said it will merge with one of its largest shareholders, US holding group Leucadia National Corporation, in a deal valued at $3.6bn (£2.9bn). The bank, which has its European headquarters in the City, has agreed to approve an all share deal giving shareholders 0.81 [...]
Top executives quizzed by MPs on tax avoidance November 12, 2012 STARBUCKS, Amazon and Google were yesterday criticised by MPs following accusations that the multinational firms are moving profits abroad to minimise their UK corporation tax bill. MPs were critical of deals that appear to show firms diverting apparently British transactions through overseas divisions in low-tax countries. Members of the Public Accounts Committee accused the firms [...]
America’s energy renaissance will transform China as well November 12, 2012 SOMETHING extraordinary is happening to the global economy, with huge implications for geopolitics and international flows of trade and capital. The United States has engineered an energy renaissance: while it currently imports 20 per cent of its total energy consumption, much of it from the Middle East, America will become roughly self-sufficient in net terms [...]