Cavendish decides on 2012 team August 2, 2011 CYCLING: Mark Cavendish has decided which team he will ride for in 2012, but is refusing to reveal their identity. The Manxman, who became the first British green jersey winner at the Tour de France last month, will be out of contract at the end of 2011 when his deal with HTC-Highroad expires.
Tiger fine with Williams sacking August 2, 2011 GOLF: Tiger Woods parted company with Steve Williams, his caddie of 12 years, because he believed it was “time for a change”. “I felt that Stevie and I have had an amazing run – Stevie’s an amazing caddie. Woods is set to return to action this week following a three-month injury lay-off.
Ireland missing star O’Driscoll August 2, 2011 RUGBY UNION: Ireland captain Brian O’Driscoll is unlikely to feature in the upcoming friendly internationals against Scotland and France in the run up to September’s World Cup. O’Driscoll is nursing a shoulder and neck injury, but Ireland manager Paul McNaughton insists he will be fit for the tournament.
Fears over debt plague markets August 2, 2011 MARKETS continued to spiral downwards even as the US’s debt deal was signed into law yesterday, with President Barack Obama warning that the economy was suffering “a Washington-inflicted wound on America”. Even after it was passed comfortably by the Senate, investors took little solace from the deal, which will cut $2.4 trillion (£1.48 trillion) from [...]
EMI price could fall as books open August 2, 2011 HIGH valuations touted for music group EMI are likely to come down after the company opens its books to bidders over the coming weeks, industry sources said yesterday. Up to ten interested parties have submitted first-round bids for EMI, home to artists such as Coldplay and Kylie Minogue, with some valuations reported as topping $4bn [...]
Diamond calls for UK growth August 2, 2011 THE head of Barclays has called on the government to deliver a plan for growth based on a renewed faith in the private sector, warning that the economy is being strangled by a crisis in confidence. Speaking at Barclays’ half-year results, chief executive Bob Diamond said that the UK is ahead of others in tackling [...]
It must be time for another holiday August 2, 2011 If the UK’s economy was really as severely dented by the numerous bank holidays in April as some say, let us hope the nation as a whole doesn’t follow David Cameron in his holidaying habits. Never mind the UK’s faltering growth, the US debt deal or the worsening of the Eurozone crisis. The Prime Minister, [...]
Eleventh arrest from NoW August 2, 2011 AN eleventh man was arrested yesterday as part of the phone hacking investigation into the News of the World. Former managing editor Stuart Kuttner, 71, has previously admitted approving a “relatively small but regrettable number of false cash payments” to private investigator Glenn Mulcaire. The arrest came as pressure continued to rise on rival newspaper [...]
WHAT THE OTHER PAPERS SAY THIS MORNING August 2, 2011 FINANCIAL TIMES LIVING SOCIAL SET TO BUY TICKET MONSTER LivingSocial, the world’s second biggest group discount website by customers after Groupon, has agreed to buy Ticket Monster, a South Korean equivalent site, to strengthen its presence in Asia. It is the latest acquisition by the US company, which has this year announced three deals to [...]
Sir Tom invests in Sports Direct August 2, 2011 Sir Tom Hunter forged closer ties with sports retailer Sports Direct yesterday with the purchase of more than £1m of its shares. Sir Tom, founder of private equity house West Coast Capital, bought 392,156 Sports Direct shares at £2.55 each. The purchase came just a month after he sold two clothing chains, USC and Cruise [...]
