Waugh wants lie detectors July 19, 2011 CRICKET: Former Australia captain Steve Waugh believes lie detectors would help remove the stain of match fixing from the sport. Waugh has undergone a polygraph examination and said:?“Anybody with something to hide would be found out by this process.”
Rovers pull out of India tour July 19, 2011 FOOTBALL: Blackburn have opted out of their proposed pre-season tour of India amid security fears following last week’s terrorist attack in Mumbai. Rovers, owned by Indian poultry firm Venky’s, were due to appear in Pune and become the first Premier League team to play in India, but will now reschedule.
Froch sets Ward date July 19, 2011 BOXING: Britain’s Carl Froch has confirmed he will fight American Andre Ward in the final of the Super Six boxing classic on 29 October in Atlantic City. Froch, 34, will defend his WBC super-middleweight title against the unbeaten Ward.
Higgins admits frustrations July 19, 2011 SNOOKER: World champion John Higgins admits he must “knuckle down” after his shock first-round defeat at the Australian Open against Matthew Selt.
Rupert Murdoch: This is the most humble day of my life July 19, 2011 Rupert Murdoch told a committee grilling him on phone hacking at News International said: “This is the most humble day of my life.” He and his son James were being quizzed by MPs on the scandal which has engulfed his News Corp empire and scuppered a bid for BSkyB. He said the News of the [...]
Banks lead FTSE fight back July 19, 2011 The FTSE 100 fought back on opening today with banks recovering some of the ground they lost yesterday after the Eurozone debt crisis and US economic uncertainty sapped confidence. Following a grim session the financial sector found its feet today, clawing back losses which were partly triggered by analysts criticising European bank stress tests. Barclays [...]
Greene King to buy Capital Pub Company for £70m July 19, 2011 Greene King is to buy a London pub chain, beating rival Fuller, Smith and Turner. The Capital Pub Company, which has 34 pubs, has accepted the £70m cash offer. It rejected Fullers’ £54m takeover approach last month dismissing it as insufficient. Greene King wants to expand its presence in what it described as the “attractive [...]
US regulators sue RBS over mortgage securities July 19, 2011 Royal Bank of Scotland is facing a second lawsuit from US credit union regulators accusing it of misrepresenting mortgage backed securities that it sold. The latest lawsuit filed by the National Credit Union Administration against RBS Securities Inc seeks over $629m (£391m) in damages, NCUA said in a statement on Monday. The allegations stem from [...]
Cisco to chop 15 per cent of workforce July 19, 2011 Cisco Systems plans to cut 15 per cent of its staff and sell a set-top box factory as part of a plan to cut annual expenses by $1bn (£622m) as the network equipment maker tries to revive its fortunes. The company said on Monday that it will cut 11,500 jobs, compared with the several thousand [...]
DEBT CRISIS ESCALATES July 18, 2011 ITALY suspended trading in government and corporate bonds yesterday as the release of the EU’s stress tests plunged the region deeper into a crisis that some analysts are comparing to the fall of Lehman Brothers. The panic saw billions wiped off the value of Europe’s banks and interest rates on Italian ten-year debt climb above [...]
