Contract row may be error in drafting July 24, 2013 IMPRECISE drafting may be the innocent explanation behind wrangling over Luis Suarez’s contract, a leading sport lawyer told City A.M. last night. The player’s camp are thought to believe that a bid in excess of £40m, such as that made by Arsenal, entitles him to hold talks with suitors with a view to a possible [...]
Spurs sweating as Vertonghen needs ankle scan July 24, 2013 TOTTENHAM manager Andre Villas-Boas fears an ankle injury could rule out defender Jan Vertonghen for the first game of the Premier League season at Crystal Palace on 18 August. The versatile Belgian landed awkwardly on a sodden pitch minutes after coming on as a substitute in Spurs’ 3-1 defeat to Sunderland in the Barclays Asia [...]
Mourinho jibe laughed off by Pellegrini July 24, 2013 MANCHESTER City manager Manuel Pellegrini has hit back at claims from Chelsea boss Jose Mourinho that his club is under pressure to win the Premier League title having spent £89m on new talent this summer. City have added strikers Stevan Jovetic and Alvaro Negredo to their ranks, plus midfield pair Jesus Navas and Fernandinho. But [...]
Celtic accept QPR’s Hooper bid July 24, 2013 FOOTBALL: Celtic have accepted a £5m offer from QPR for striker Gary Hooper. The 25-year-old is still to agree personal terms, but R’s boss Harry Redknapp said: “It’s all been agreed. I would love to see him be leading goalscorer in the Championship and hopefully that would mean us being promoted.”
Golden girl breaks world record July 24, 2013 ATHLETICS: Teenager Sophie Hahn set a new world record to win T38 100m gold at the IPC World Athletics Championships yesterday. The 16-year-old, who has cerebral palsy, clocked 13.10 seconds to win Britain’s 10th gold in Lyon. She said: “I can’t believe I’ve just done that. I’m so happy.”
There will be a woman on our notes – Bank of England confirms Jane Austen will be on the £10 July 24, 2013 The Bank of England has confirmed that Jane Austen will feature on the next £10 note, due to be introduced in 2016. She replaces Charles Darwin. We'll be waiting just under a year for a (non-Royal) woman on our cash, as Sir Winston Churchill replaces Elizabeth Fry on the £5 issue. The image of Austen [...]
China scandal will hit business, warns GSK chief July 24, 2013 GLAXOSMITHKLINE’S business will inevitably be impacted by the Chinese bribery allegations, the pharmaceuticals firm’s chief executive said today. Sir Andrew Whitty told reporters at the second-quarter results presentation that GSK plans to commission an independent review into the scandal, adding that he was ready to go to China “when it is the right moment”. He [...]
US new home sales jump to five year high July 24, 2013 New home sales are up in the US, rising from 0.459m (revised from 0.476m) to 0.497m in July. Economists had forecast an increase to just 0.485m. That's an 8.3 per cent change, up from 1.3 per cent last month. This comes after existing US home sales missed on Monday.
Goldman Sachs says that 10 year bonds are now less appealing than cash July 24, 2013 In a new note, Goldman Sach's investment research team suggests that trackers are weighting 10 year government bonds too highly, and should now prefer cash. For the best returns, equities are set to deliver 13 per cent in the next 12 months say Goldman. That's a far higher rate of return than the two per [...]
Dell offer raised by founder – it’s apparently his final and best July 24, 2013 Technology giant Dell has announced that its founder Michael Dell and the private equity group Silverlake have hiked their offer for the firm to $13.75 per share. That's an increase of $0.10 per share, and constitutes what Michael Dell says is his final and best offer. The Dell special meeting has been delayed until Friday, [...]