Brum run is over while Moyes’ woe continues December 20, 2009 BIRMINGHAM’S five-match winning streak came to an end, while Everton’s problems at home continued as the pair fought out a hard-earned draw at Goodison Park. Diniyar Bilyaletdinov’s sixth-minute goal gave the Toffees the perfect start only for the Blues to equalise against the run of play through Sebastian Larsson 17 minutes later. Everton controlled the [...]
Sharks freeze out Quins again to keep last eight hopes alive December 20, 2009 SALE kept alive their hopes of qualifying for the Heineken Cup quarter-finals with a second victory over Premiership rivals Harlequins in the space of a week in the driving snow at Edgeley Park. Victory moved the Sharks to second in Pool Five, a point behind Toulouse, while the Quins are already eliminated after four straight [...]
BA STRIKE OFF BUT UNION FIGHTS ON December 17, 2009 A WINTER walk-out by cabin crew at ailing airline British Airways was yesterday declared illegal by the High Court. The Court’s judge Mrs Justice Cox sided with the carrier, saying that the Unite union had not correctly balloted its members on the strike action. BA had argued that the union took votes from staff who [...]
Bernanke’s nomination approved December 17, 2009 BEN Bernanke’s nomination to a second term as head of the US Federal Reserve was approved by a Senate panel yesterday despite fierce opposition from some lawmakers. Members of the Senate Banking Committee voted 16 to seven in favour of Bernanke continuing in his role following a two-hour debate that was full of both praise [...]
Mobile tie-up December 17, 2009 THE proposed merger of Orange and T-Mobile could curb competition and hurt consumers, regulator Ofcom has warned. Ofcom said it was satisfied that consumers were well served thanks to competition between the country’s five mobile carriers, but this situation could change if the merger were to go ahead. The regulator has no direct authority to [...]
It will be easy to lose money this year December 17, 2009 ONE of the great paradoxes of 2009 was that economic meltdown went hand in hand with strong gains for many investors. After a disastrous few months when everybody was pricing in the end of civilisation, stock markets bounced back, house prices started to rise again and many traders made vast returns. As I wrote yesterday, [...]
Tube Lines in £1.5bn hole December 17, 2009 TUBE Lines chairman David Begg said last night he was frustrated his chief executive Dean Finch is leaving the underground maintenence firm to join transport group National Express. Begg said: “We tried to keep hold of him but National Express made him an offer we couldn’t compete with.” Finch only joined Tube Lines, which maintains [...]
WHAT THE OTHER PAPERS SAY THIS MORNING December 17, 2009 FINANCIAL TIMES STRICKEN SCOTTISH AIRLINE’S £30M IN QUESTION Administrators of Globespan, the collapsed Scottish airline that has left thousands of passengers stranded abroad, were investigating last night why £30m of its funds were being held by E-Clear, the company that handles its credit card transactions. Bruce Cartwright, of PwC, said he understood that about half [...]
NEWS | IN BRIEF December 17, 2009 BlackBerry’s profits surge Research In Motion (RIM) posted a big jump in profit and issued an even stronger outlook yesterday, as sturdy demand from holiday shoppers helped the BlackBerry maker fend off the competition. For its third quarter, ended 28 November, RIM said profit rose to $628.4m , or $1.10 a share, from $396.3m, or [...]
Business fund in doubt as banks pull out December 17, 2009 THE government’s proposed fund to stimulate lending to businesses was in trouble last night after it emerged a number of major banks may refuse to contribute amid a row over bankers’ bonuses. Standard Chartered has already turned down ministers’ requests to provide at least £25m to support the launch of the National Investment Corporation (NIC) [...]
