WHAT THE OTHER PAPERS SAY THIS MORNING February 23, 2010 FINANCIAL TIMES USAF STARTS BID TO REPLACE AGEING TANKERS The US Air Force will attempt to kick-start its long-delayed, multi-billion dollar competition to replace its ageing fleet of refuelling tankers this week with a new set of bidding rules. It promises the competition, mired in controversy for more than six years, will be “full and [...]
Capello happy with England’s World Cup base February 23, 2010 FABIO CAPELLO insists he is happy with England’s World Cup training camp at Royal Bafokeng, near Rustenburg, despite criticism that construction is not fully complete. “I’m really happy,” he said. “We checked everything and it improved a lot from the last time we stayed here. The pitches are good and will be better for June. [...]
IPL will not be moved again, insists Modi February 23, 2010 INDIAN Premier League chief Lalit Modi insists the tournament will not be moved for a second year running despite security concerns. An independent report, written by British security expert Reg Dickason, has raised “serious” concerns about safety at the tournament, and now Australia’s players have refused to commit to playing until the issues are addressed. [...]
Craig has world at his feet February 23, 2010 HE may have only been on the scene five minutes, but Craig Kieswetter is almost nailed on to retain his place in the side for the three one-day internationals with Bangladesh, starting on Sunday. True, he couldn’t have wished for a gentler introduction to international cricket than in the form of a Bangladesh Cricket Board [...]
Bonuses for US bankers soar to $20bn in 2009 February 23, 2010 US banks paid out a total of $20.3bn (£13.1bn) in bonuses for 2009, up 17 per cent from a year earlier, according to figures released yesterday from New York’s tax department. The pool could top $55bn, nearly triple the previous record year, as markets recovered from their worst downturn in decades. According to comptroller, Thomas DiNapoli, [...]
Intended pay rise for HSBC boss blocked February 23, 2010 HSBC chief executive Michael Geoghegan will not see a planned 36 per cent hike in his salary this year after the bank yielded to continued protests by shareholders. The London-based bank had toldshareholders it intended to raise Geoghegan’s salary to £1.4m, it is understood, at the same time it also proposed to hike finance director [...]
SPORT | IN BRIEF February 23, 2010 Goode signing for Worcester RUGBY UNION: Relegation-threatened Worcester have landed a coup by completing the signing of England international fly-half Andy Goode for next season. The Brive star will make the move to Sixways after finishing a five-week deal with South African Super 14 side, Sharks. Warriors director of rugby Mike Ruddock is a long-term [...]
VT investors vent spleen as Babcock’s offer turns into Takeover Panel wrangle February 23, 2010 SHAREHOLDERS in services company VT Group are growing increasingly frustrated at the board’s refusal to engage with shipbuilder Babcock over its £1.25bn indicative offer. Several investors told City A.M. they could not understand the reluctance of chief executive Paul Lester to discuss the raised approach, which values VT at 685p to 715p per share depending [...]
FOOTBALL | IN BRIEF February 23, 2010 Redknapp hopeful on Lennon TOTTENHAM boss Harry Redknapp has eased fears over Aaron Lennon’s latest injury setback, insisting the winger could be back in action in a couple of weeks. The 22-year-old suffered a setback on his return from a groin injury in training on Monday and scans have now revealed a new tear in [...]
Blacks tries to keep £22m deal on track February 23, 2010 LAST MINUTE negotiations were taking place yesterday in an attempt to avoid a bitter clash between shareholders at today’s meeting of outdoor clothing specialist group Blacks. Blacks shareholders are due to vote on a £22m refinancing of the group – but the whole exercise has been thrown into jeopardy because of a surprise purchase from an [...]