Chinese link throws Liverpool takeover battle into confusion August 5, 2010 THE BATTLE to take over Liverpool FC was thrown into further confusion last night after a denial linking the Chinese government with involvement was later dismissed as fake. Reports yesterday claimed Chinese businessman Kenny Huang was fronting a bid backed by the China Investment Corporation (CIC) ?– the country’s sovereign wealth fund. Huang, who had [...]
Cole dazzles Kop as Reds coast to easy Europa win August 5, 2010 LIVERPOOL (2) vs RABOTNICKI (0) JOE COLE sparkled on his debut as Liverpool eased their way into the Europa League play-off draw with a comfortable victory over Rabotnicki. The England midfielder crossed for David Ngog to head home his third goal of the tie and then hit the woodwork himself as the Reds enjoyed a [...]
Strauss’ backing for Pietersen and Cook August 5, 2010 ANDREW STRAUSS has backed under-fire duo Kevin Pietersen and Alastair Cook to get among the runs and fire England to victory in the second Test with Pakistan. Both top-order batsmen are desperate for runs as the battle for places hots up ahead of the Ashes series with Australia this winter. Pietersen goes into the Edgbaston [...]
Double champ Farah targets African elite August 5, 2010 LONG distance king Mo Farah insists his European double gold is just the kick-start he needs for a crack at the Africans. The 27-year-old won the hearts of the nation last week by leading Great Britain to a best ever European Championships campaign with gold in both the 5,000m and 10,000m in Barcelona. Despite earning [...]
Ennis out for rest of the season August 5, 2010 ATHLETICS: European heptathlon champion Jessica Ennis has brought her 2010 season to an end as she begins her preparations for London 2012. Ennis, 24, will sit out both the London Grand Prix and the Commonwealth Games to focus on her next major aim – the 2011 World Championships. “This is absolutely the right decision for [...]
Tiger tamed at Firestone August 5, 2010 GOLF: World No1 Tiger Woods is in danger of missing the cut in the WGC-Bridgestone Invitational after shooting a four-over-par 74 at Firestone. Defending champion Woods is 10 shots behind overnight leader Bubba Watson, while Phil Mickelson, who could replace Woods as world No1, shot a 66. Rory McIlroy is top Briton with a 68.
Sehwag fires up India August 5, 2010 CRICKET: Virender Sehwag claimed two Sri Lankan wickets as India took a slight lead in the third and final Test in Colombo. Resuming on 180-2, the tourists rallied to 436 all out – a lead of 11 – before Sehwag reduced the Sri Lankans to 45-2 with the wickets of opening pair Tillakaratne Dishan and [...]
Daniels: Forcing us to lend won’t work August 4, 2010 Lloyds boss fires warning shot amid fears of compulsory lending targets David Cameron and Mervyn King pledge to ensure banks extend credit Standard Chartered: Shareholders want us to reconsider British domicile LLOYDS boss Eric Daniels fired a warning shot across the government’s bows yesterday, insisting attempts to force banks to lend were doomed to failure. [...]
Taxpayers to make £19bn from bailout August 4, 2010 TAXPAYERS stand to make a profit of £19bn if the government’s stakes in Lloyds Banking Group and Royal Bank of Scotland are wound down over the next five years, according to an independent consultancy. The Centre for Economic and Business Research (CEBR) made its prediction as the state’s exposure to Lloyds moved into the black [...]
Goldman eyes key unit rejig August 4, 2010 GOLDMAN SACHS could hive off its proprietary trading activities within months to prevent talented traders defecting to hedge funds, as US financial reform legislation takes effect. Under the so-called “Volcker rule” banks have four years to cut their proprietary trading exposure to three per cent of tier one capital. But Goldman, which at 27 per [...]
