Jailed former Pakistan skipper to launch appeal November 9, 2011 DISGRACED former Pakistan captain Salman Butt has filed an appeal against the 30-month jail sentence he was handed last week for the part he played in the spot-fixing scandal. Butt, fast bowlers Mohammad Asif and Mohammad Amir, as well as London-based sports agent Mazhar Majeed, have all begun spells behind bars for conspiring to and [...]
SPORT | IN BRIEF November 9, 2011 Johnson receives Moody backing RUGBY UNION: Former England captain Lewis Moody insists the RFU should stick by manager Martin Johnson and allow him the opportunity to lead the Red Rose to the 2015 World Cup. “The most important thing is that there are no knee-jerk reactions. It is essential for me Johnno continues,” said Moody who [...]
BEST OF THE BROKERS November 9, 2011 WEIR GROUP Goldman Sachs rates the engineering company as a “buy” with a target price of 3,100p and marginally increases its 2012/13 earnings per share forecasts to reflect the broker’s increasing confidence that Weir’s joint ventures will begin to yield growing profitability. Key downsides for the group are weaker volumes, slower-than-expected economic recovery, raw material [...]
FTSE falls as Italy debt yields spook investors November 9, 2011 BRITAIN’S top shares sank to their lowest close for a week yesterday on spiralling concerns over Italy’s debt as the country’s bond yields raced to dangerous levels. Italy was thrown into the spotlight as its 10-year bond yields shot above seven per cent, levels that forced bailouts in Ireland, Portugal and Greece, and as investors [...]
Wall St down on Euro fears November 9, 2011 US STOCKS tumbled three per cent yesterday in the market’s worst day since mid-August as a spike in Italian bond yields signalled the European debt crisis had worsened. All 10 S&P sectors were down, but S&P financials were the hardest hit on worries about European exposure, dropping 5.4 per cent. US stock markets have grown [...]
Labour’s plan for business: Government should unite profit with social purpose November 9, 2011 WHEN private equity firm NPM Capital and the current management bought out a sleepy Dutch carpet manufacturer called Desso in 2007, they were seeking to do what all successful investors do: to find a gap in the market from which they could profit. And profit they have. Following the buy out, Desso’s market share rose [...]
Prohibition fuels firestorm of new dangerous drugs November 9, 2011 IN THE restless pursuit of pleasure, human beings will try almost any substance when circumstances require. During prohibition, Americans resorted to drinking toxic moonshine and inhaling ether. Second-rate substitutes and legal highs are seldom as pleasant as the real thing and are sometimes more dangerous, but at least you don’t have to worry about getting [...]
Europe needs to admit that it has a problem November 9, 2011 THE finger of blame usually points away, but sometimes we should turn it round, and point it at ourselves. As individuals, societies and countries we are more often than we normally realise the architect of our own problems. Greeks don’t like paying taxes and love early pensions, and end up with a bankrupt government. The [...]
RAPID RESPONSES November 9, 2011 Curing Japan AS A seasoned Japanese business professional, David Crow’s article [The Japanese disease, yesterday] made me smile with agreement, saddened with frustration and duty-bound to build upon its analysis. I commend Crow’s accurate observation of our cultural traits, but I would ask why characteristics which once made Japan great now fail to serve us [...]
Making sure you have got your family covered November 9, 2011 ONE child in 20 has a parent die before they finish full-time education, says Money Saving Expert. That’s a pretty frightening statistic, but it’s even more frightening when you then find out that more than half of the population doesn’t have life insurance. So why are so many people choosing not to take out life [...]
