McGeechan quits Wasps but eyes consultancy role May 14, 2009 LIONS coach Ian McGeechan hasn’t ruled out the possibility of taking on a consultancy role at Wasps after confirming he had stepped down as director of rugby last night. The Scot has led the club to Premiership, Heineken Cup and Powergen Cup success since taking over four years ago, but could finish only seventh in [...]
Murray delighted with ‘big win’ over specialist Robredo May 14, 2009 WORLD No3 Andy Murray told of his delight after cruising past Tommy Robredo to reach the quarter-final of the Madrid Masters yesterday. Murray survived a tough start in the sweltering heat to come through 7-5, 6-1 and book a last eight clash with fifth seed Juan Martin Del Potro. “I’m very happy with the result, [...]
Ratings firms slated in MPs’ crunch report May 14, 2009 CREDIT ratings agencies (CRAs) should bear some of the responsibility for financial instability, the Treasury committee said yesterday, as it revealed its report on corporate governance and remuneration at financial services firms in the wake of the credit crunch. The committee, led by Labour attack dog John McFall, said it was “deeply concerned by the [...]
Mentor Gooch is praised as Essex boys make a stand May 14, 2009 BATTING hero Alastair Cook heaped praise on team-mate Ravi Bopara after the Essex pair put the West Indies to the sword at the Riverside. Both men scored centuries but it was Bopara who stole the headlines after becoming only the fifth England batsman ever to score three successive Test tons. The pair put on 213 [...]
Briatore: F1 row must be solved ‘at all costs’ May 14, 2009 RENAULT boss Flavio Briatore insists a solution to the row over new rules for 2010 must be achieved “at all costs” when F1 chiefs meet for crisis talks in London today. Toyota, Red Bull, Ferrari and Renault have all vowed to quit the sport at the end of the season unless plans for a voluntary [...]
Rooney’s on a revenge mission to claim title and silence Arsenal fans May 14, 2009 WAYNE ROONEY will be gunning for revenge at Old Trafford tomorrow – to end seven years of hurt. The England striker has called on his Manchester United team-mates to finish the job and earn the single point required against arch-rivals Arsenal to clinch an 11th Premier League title. To win the title in front of [...]
Lehman’s remaining assets set to rise from ashes as a spin off is considered May 14, 2009 LEHMAN Brothers Holdings, which filed for bankruptcy last September, is now looking at spinning off its remaining assets. The assets, which include real-estate and private-equity holdings held in its Legacy Asset Management unit, are believed to currently be valued at around $45bn, but which at non-distressed prices could fetch up to $400bn according to internal [...]
Japan’s MUFG abandons plan to snap up NikkoCiti May 14, 2009 JAPAN’S largest bank Mitsubishi UFG (MUFG) yesterday walked away from a $262m (£172m) deal to buy Citigroup’s trust bank NikkoCiti. An unlisted unit of the bank called Mitsubishi UFJ Trust said in December that it was prepared to snap up the unit, but the transaction was called off after rival Sumitomo Mitsui beat MUFG to [...]
THE INSIDER May 14, 2009 According to the forecasts, there’s going to be quite a bit of rain at Newbury before the start of the Lockinge Stakes. If that’s the case then a number of horses can enter the equation for this interesting Group 1 renewal. Paco Boy would have been my first choice after his convincing display at Sandown [...]
CITY GIVES ITS VERDICT ON MPS’ FINDINGS May 14, 2009 CREDIT RATING AGENCIES“We remain deeply concerned by the conflict of interests faced by credit rating agencies and have seen little evidence of the industry tackling this problem with any sense of urgency. It is worrying that markets appear to have used credit rating agencies for more than they were designed to do.” AUDITORS“We note that [...]
