WHAT THE OTHER PAPERS SAY THIS MORNING June 17, 2009 FINANCIAL TIMES FEDEX SWINGS TO FOURTH-QUARTER LOSSFedEx executives told investors they believed the worst of the economic downturn was behind them. The note of optimism came during an otherwise sobering review of the package-delivery company’s fiscal fourth quarter, during which its net loss widened from a year earlier on goodwill writedowns, and the company warned [...]
Hull of a first game for new Chelsea boss June 17, 2009 CARLO ANCELOTTI opens his account as Chelsea manager with a home clash with last season’s strugglers Hull City when the 2009/10 Premier League season gets underway on 15 August. In a relatively low-profile opening five games, Ancelotti’s Blues also host newcomers Burnley and make trips to Sunderland, Fulham and Stoke City before hosting a London [...]
Tiger’s ominously on the prowl for a 15th Major June 17, 2009 ON THE GREENS WITH SAM TORRANCE TIGER WOODS’ fantastic victory in the Memorial tournament a fortnight ago is ominous news for all those players hoping to capitalise on his supposedly drawn-out recovery from knee surgery when the US Open begins today. Winning US Opens is all about hitting fairways and greens and Tiger’s victory in [...]
Quartet face drug charges June 17, 2009 RUGBY UNION: England flanker Michael Lipman and three fellow ex-Bath players have been summoned by the Rugby Football Union to answer drugs-related charges. Lipman, Alex Crockett, Andrew Higgins and Justin Harrison – who deny the allegations – terminated their contracts with Bath after the club accused them of failing to take drug tests. An RFU [...]
Murray seeded third at SW19 June 17, 2009 TENNIS: Britain’s Andy Murray has been confirmed as the No3 seed for Wimbledon. World No1 and defending champion Rafael Nadal is the top seed for SW19, which starts on Monday, followed by five-time winner Roger Federer.
Boucher eyeing T20 final spot June 17, 2009 CRICKET: South Africa wicketkeeper Mark Boucher insists they are ready to end their semi-final curse against Pakistan at the World Twenty20 today. The Proteas have repeatedly lost in the last four, but Boucher said: “We hope this time we can go the whole way.”
COUP FOR D’ETAT June 17, 2009 LAST year’s French Derby winner Vision d’Etat (above) scooped the most valuable prize on offer at Royal Ascot yesterday by claiming the Prince of Wales’s Stakes. Ridden by Olivier Peslier, the four-year-old edged favourite Tartan Bearer into second. Elsewhere, 10-1 shot Spacious, ridden by Johnny Murtagh, edged out Heaven Sent to win the Windsor Forrest [...]
Premier Inn’s sales tumble June 16, 2009 WHITBREAD, Britain’s biggest hotel operator, yesterday blamed the worst hotel recession in three decades for a sharp fall in first quarter revenues at budget hotel chain Premier Inn. The group said Premier Inn’s like-for-like sales fell by 7.9 per cent, after revenue per available room (Revpar) slumped by 9.6 per cent. Chief executive Alan Parker [...]
Game Group benefits from flight to home entertainment June 16, 2009 VIDEO games retailer Game Group yesterday said its trading since the start of February was in line with company forecasts, thanks to an increase in the number of consumers staying at home in the downturn. “The overall trading performance for the group remains in line with the board’s expectations” the firm said in an update [...]
Mediation flourishing in downturn June 16, 2009 LORD Woolf reported an intriguing statistic this month when he said that mediation delivered “a £1bn cost-saving” a year for business by diverting cases from the courts. The former Lord Chief Justice added that commercial litigation costs UK Plc £33bn per year. An average case going through the courts costs £1m and consumes three years [...]