Glencore edges up – but below offer price May 24, 2011 Shares in commodities trader Glencore ticked higher in their first day of official trade but remained well below the offer price, dashing hopes shares would rise after it set a mid-range flotation price. Sources close to the matter had said Glencore, the world’s largest diversified commodities trader, felt it had left “money on the table” [...]
Moody’s in threat to cut rating of 14 UK financial groups May 24, 2011 Credit rating agency Moody’s said it may cut its rating on 14 British financial groups, including Lloyds and Royal Bank of Scotland, following a reassessment of the level of systemic support they need. The companies which could be downgraded by Moody’s included Bank of Ireland UK, Co-Operative Bank, Coventry Building Society (A3); Lloyds TSB Bank [...]
M&S profit up 13pc May 24, 2011 Retailer Marks & Spencer plans to test new store formats more tailored to their localities, it said, as it posted a 13 per cent rise in annual profit. The country’s biggest clothing retailer, which also sells upmarket foods and homewares, said it would start testing the new formats from October, as part of a series [...]
LIPPI FITS BLUES BILL, SAYS VIALLI May 23, 2011 Ex-Chelsea boss believes Italian World Cup-winner has credentials to rival favourites Guus Hiddink and Marco van Basten for west London role EXCLUSIVE FRANK DALLERES FORMER Chelsea manager Gianluca Vialli believes World Cup-winning ex- Italy coach Marcello Lippi is a credible rival to bookmakers’ favourites Guus Hiddink and Marco van Basten for the Stamford Bridge hot-seat. [...]
Morgan: IPL set me up for Test summer May 23, 2011 ENGLAND batsman Eoin Morgan insists he made the correct decision to gamble with his Test future by fulfilling his Indian Premier League commitments. The talented Irishman secured his inclusion for the first Test against Sri Lanka, which starts on Thursday, after scoring 193 against the tourists for the Lions in last week’s warm-up match. Ravi [...]
Well I Heather: Brit girl wins in Paris May 23, 2011 TEENAGER Heather Watson scored a landmark victory for British tennis yesterday by becoming the first woman from these shores to win a match at Roland Garros for 17 years. Watson, who turned 19 last week, is now projected to break the top 100 after the tournament following her 7-6, 6-1 victory over Stephanie Foretz Gacon. [...]
Wilshere and Carroll handed England Under-21 reprieve May 23, 2011 ARSENAL’S Jack Wilshere and Liverpool’s Andy Carroll have been omitted from Stuart Pearce’s England Under-21 squad for next month’s European Championship finals in Denmark. Pearce had previously outlined his intention to select the strongest possible squad at his disposal and include players, such as Wilshere and Carroll, who have already graduated to the senior squad. [...]
Kalou: We loved Carlo May 23, 2011 FORWARD Salomon Kalou has leapt to the defence of sacked Chelsea manager Carlo Ancelotti, insisting the players all loved the Italian. Ancelotti was sacked on Sunday shortly after losing 1-0 at Everton – a result that capped a disappointing season in which the club failed to win a trophy. But Kalou, the first Blues star [...]
Birmingham keep faith in McLeish, for now at least May 23, 2011 BIRMINGHAM manager Alex McLeish has been told that he can keep his job despite taking the club down for a second time – but only if he brings them straight back up again. The Blues were relegated on Sunday after losing their final Premier League fixture at Tottenham, plunging McLeish’s future into doubt. But the [...]
Murray aware of Prodon’s threat May 23, 2011 BRITISH No1 Andy Murray will take nothing for granted when he meets Frenchman Eric Prodon in the first round of the French Open today. Prodon, born in Paris and ranked 124th in the world, has spent almost his entire career at Futures and Challenger level, with his only win on the main ATP Tour coming [...]
