United boss prepares to concede defeat in £30m Fabregas pursuit July 22, 2013 MANCHESTER United manager David Moyes has admitted he may have to give up his pursuit of Barcelona’s Cesc Fabregas after having a second bid turned down for the midfielder. Moyes confirmed yesterday that United had submitted an improved offer for the former Arsenal star, after having an initial £25m bid rebuffed last week. However Barcelona, [...]
Pattinson injury adds to Aussie’s Ashes troubles July 22, 2013 AUSTRALIA’S turbulent tour took another twist last night, after seam bowler James Pattinson was ruled out of the remainder of the Ashes series with a back injury leaving coach Darren Lehmann to ponder selecting two spinners for the third Test at Old Trafford next week, The Baggy Green trail England 2-0 and have not overturned [...]
Cockcroft secures sprint double July 22, 2013 ATHLETICS: Double Paralympic champion Hannah Cockcroft won her second gold medal at the IPC Athletics World Championships in Lyon yesterday, with victory in the T34 100m in a new championship record 17.88 seconds.
Injured Tommey out of a coma July 22, 2013 HORSE RACING: Jockey Brian Toomey, 24, is out of a coma and able to move his arms and legs, following a serious fall at Perth racecourse on 4 July.
Duchess of Cambridge gives birth to a boy July 22, 2013 The Duchess of Cambridge gave birth to a boy at 4.24pm, it was announced this evening. The baby weighed eight pounds six ounces. A formal notice of the birth was taken from St Mary’s Hospital to Buckingham Palace, where it was set on an easel for public view. The announcement states “Her Royal Highness and [...]
Typical US house prices up 13.5 per cent from a year ago to £140,000 July 22, 2013 Some ugly numbers in the form of existing US home sales for June. Rather than rising from 5.18m to 5.26m, they've dropped to 5.08m. And last month's 5.18m figure has been revised down to 5.14m. That puts the monthly change at -1.2 per cent, rather than the 0.5 per cent improvement forecast. Total inventory has [...]
Business group warns that tighter listing rules won’t prevent future problems July 22, 2013 As Bumi shares have resumed trading today after three months of suspension, the Institute of Directors has warned that to tighten up listing rules would be a mistake, and unlikely to prevent another Bumi saga. Dr. Roger Barker, director of Corporate Governance and Professional Standards at the Institute of Directors: The fact that companies like [...]
UBS second-quarter profits beat forecasts July 22, 2013 UBS said today that its second-quarter profits rose to CHF 690m (£480m), beating analysts’ forecasts despite a CHF 865m charge to settle claims relating to US mortgage-backed securities and other matters. The Swiss bank said it has reached an agreement in principle with the Federal Housing Finance Agency (FHFA) over the mis-selling of government-backed bonds [...]
Regulator fines high frequency trader nearly £600,000 for market manipulation July 22, 2013 For the first time ever, the Financial Conduct Authority (FCA) has taken action against a high frequency trader, and fined the US professional £597,993 for "deliberate manipulation of commodities markets". Michael Coscia is said to have placed false orders for Brent Crude, Gas Oil and Western Texas Intermediate (WTI) futures from the US on the [...]
The value of money has plummeted by two-thirds since Prince William was born July 22, 2013 Inflation has caused the value of money to fall dramatically since the year of Prince William's birth, in 1982. £100 in 2012 would be worth as much as £299 back then, according to research by Lloyds TSB Private Banking. The Cambridges may be thankful that they aren't toying with the property ladder, as the average [...]