Talks between BA and Iberia take off after summer break September 15, 2009 BRITISH AIRWAYS’ (BA) chief financial officer Keith Wiliams said yesterday that talks with Spanish flag carrier Iberia had stepped up a gear, over a year after a possible tie-up was first announced. In a weekly newsletter, Williams told staff : “We have met the Iberia management team on a few occasions now and the talks [...]
Ex KPMG exec jailed for fraud September 15, 2009 A FORMER KPMG finance director who stole over £500,000 to fund his wife’s lavish lifestyle was yesterday sentenced to four years in jail. Andrew Wetherall, 49, started to abuse the global accountancy firm’s expenses scheme in 2002 after his wife’s previous partner reduced maintenance payments. Wetherall claims he was driven to crime by fears his [...]
EC could block Dutch state’s loan guarantee agreement with ING September 15, 2009 THEEUROPEAN Commission (EC) has prolonged its review of a €22bn (£19.5bn) loan portfolio guarantee between ING and the Dutch state, saying the government may have paid too much. ING and the Dutch state struck a deal in January, under which the government agreed to guarantee 80 per cent of a €27.7bn portfolio of so-called Alt-A [...]
C4 BOSS EVICTED September 15, 2009 Channel 4 is expected to confirm today that its chief executive, Andy Duncan, will step down, ending months of speculation. Industry sources said that the announcement has been delayed while Duncan negotiated his pay-off, but is expected this morning. Duncan had been under fire for failing to secure the state-owned broadcaster’s future funding, which will [...]
Future looks bright for ace Del Potro September 15, 2009 JUAN MARTIN DEL POTRO has been touted as a future world No1 following his epic US Open victory on Monday night. The 20-year-old Argentine claimed his maiden Grand Slam after completing an 3-6, 7-6, 4-6, 7-6, 6-2 win over top seed Roger Federer in a four-hour slugfest at Flushing Meadows. The result ended Federer’s record-breaking [...]
Australia and Flintoff hike September 15, 2009 ANDREW FLINTOFF last night threw his international future into doubt after turning down a central contract. The injury-plagued all-rounder retired from Test cricket at the end of the Ashes series but stressed he still wanted to continue in the limited-overs formats. As a result, Flintoff was awarded a lower-tier incremental contract by the England and [...]
Wenger: I can’t understand why Adebayor hates Arsenal September 15, 2009 ARSENAL manager Arsene Wenger insists Emmanuel Adebayor deserves to be charged by the Football Association and says he cannot understand why the ex-Gunner appears to hate his old club. Adebayor, sold to Manchester City during the summer, is facing a four-match ban after being charged with stamping on former team-mate Robin van Persie and celebrating [...]
Reds won’t take minnows lightly, says boss Benitez September 15, 2009 LIVERPOOL boss Rafael Benitez has warned his troops against complacency as the Reds open their Champions League campaign at Anfield tonight. Visitors Debreceni are the first Hungarian side to qualify for the Champions League for 14 years and are looking to mark the occasion with a shock victory over the five-time champions. Rafael Benitez’s men [...]
SPORT IN BRIEF September 15, 2009 Lotus to end 16-year F1 exileFORMULA ONE: Lotus will return to the grid next season for the first time in 15 years. The team has been awarded the final spot by governing body the FIA, joining Campos GP, Manor and US F1 as the new outfits on board. Discussions are now set to take place [...]
United reap benefit of old head Scholes September 15, 2009 BESIKTAS (0) vs MANCHESTER UTD (1) MATCHWINNER Paul Scholes admitted his relief after Manchester United escaped from the intimidating surrounds of the Inonu Stadium with a barely-deserved victory. A late header from Scholes ensured last year’s runners-up started this season’s Champions League campaign with maximum points. But an otherwise uninspired performance, allied with a cauldron-like [...]
