Cycling chief: I won’t quit over Armstrong era October 22, 2012 THE PRESIDENT of cycling’s world governing body the UCI, Pat McQuaid, has rejected calls to resign over the Lance Armstrong scandal and vehemently denied suggestions that a six-figure payment made by the disgraced rider to the UCI constituted hush money. McQuaid confirmed yesterday that the UCI would ratify the US Anti-Doping Agency’s (USADA) demand that [...]
Di Matteo not interested in Chelsea cheers October 22, 2012 CHELSEA manager Roberto Di Matteo has insisted that a lack of recognition for the club’s success since his appointment is not a concern because it is the players and not he who deserve the credit. Since succeeding Andre Villas-Boas in March, Di Matteo has led Chelsea to a first Champions League title and an FA [...]
England chiefs seek sponsor after Brit exits October 22, 2012 ENGLISH cricket’s governing body the ECB has begun its search for a new lead sponsor after confirming that Brit Insurance will end its long association with the sport in 2014. Brit’s logo has appeared on the England team’s shirts since 2010 as part of a deal thought to be worth up to £18m, a period [...]
Ferguson advises rested Rio to save protests for the FA October 22, 2012 MANCHESTER United defender Rio Ferdinand is tonight to be rested in their Champions League Group H fixture at home to Braga even though any potential issues with manager Sir Alex Ferguson have been resolved. The United manager had labelled the defender’s decision to not wear anti-racism campaigners Kick It Out’s T-shirt before Saturday’s 4-2 victory [...]
Freedman in talks with Bolton October 22, 2012 ■ FOOTBALL: Crystal Palace manager Dougie Freedman has been given permission to speak to Bolton about their managerial vacancy. Fulham, however, have rejected an approach from Blackburn to speak to assistant Billy McKinlay about the managing job they hoped to offer Tim Sherwood.
Barker hopeful over ring return October 22, 2012 ■ BOXING: Darren Barker against Kerry Hope, Lee Purdy against Carson Jones, and Gavin Rees are all scheduled to fight on December 8 at Olympia in London, and British and Commonwealth heavyweight champion David Price is to defend his titles against Matt Skelton at Aintree on 30 November.
BP sells TNK-BP stake to Rosneft October 22, 2012 BP this afternoon agreed to offload its 50 per cent stake in TNK-BP to Russian state-owned oil firm Rosneft for $12.3bn in cash and an 18.5 per cent shareholding. Rosneft will pay $17.1bn in cash and shares representing 12.84 per cent to BP, but the British oil major will also acquire a further 5.66 per [...]
FTSE 100 down as Japanese exports fall October 22, 2012 The leading share index fell back this morning, as weak economic data from Japan weighed on sentiment. Sausage skin maker Devro led the poor performers this morning, shedding 7.74 per cent as it issued a profit warning. Brewer Punch Taverns fell 4.41 per cent, while software development firm Northgate dropped 4.4 per cent. Trading software [...]
Japanese exports fall sharply October 22, 2012 Japanese exports tumbled at their sharpest pace in the year to September since the aftermath of the 2011 earthquake. Exports fell 10.3 per cent in the year to September, down for four months in a row, official data showed this morning. Shipments of cars, ships and electronics led the decline. In separate data, manufacturers’ sentiment [...]
Devro warns on profits October 22, 2012 Sausage skin maker Devro this morning sounded a profit warning, as a result of adverse currency swings and higher costs. The British firm said that sales volumes continued to grow in Japan, Europe and the Americas, and overall market demand remained strong. It added that raw material prices had risen, and this was expected to [...]
