EX-RBS BANKER HOUNDED OUT OF THE CITY September 28, 2009 ONE of Sir Fred Goodwin’s former sidekicks at the Royal Bank of Scotland was last night forced to resign from his new City role at headhunter Odgers Berndtson, after his connection to the beleaguered bank cost his firm one of its most lucrative contracts. Johnny Cameron, previously head of investment banking at RBS, said he [...]
NEW YORK REPORT September 28, 2009 US stocks rallied yesterday snapping a three-day losing streak, as a spurt of corporate takeovers in the technology and health-care sectors fuelled optimism about share values. Mergers and acquisitions are typically viewed as bullish as it suggests companies are more optimistic about the business outlook. A number of deals were announced and investors bet more [...]
THE LONDON REPORT September 28, 2009 BRITAIN’S leading stock index closed 1.6 per cent higher yesterday, with heavyweight banks, miners and energy stocks reversing early losses, helped by a strong opening for the US market. The FTSE 100 rose 83.5 points, or 1.6 per cent, to close at 5,165.70, after rising 0.1 per cent on Friday. “It wasn’t until the US [...]
DOWNPOUR AND OUT? September 28, 2009 INDIA’S hopes of reaching the Champions Trophy semi-finals suffered a blow last night when torrential rain caused their match with Australia at Centurion to be abandoned. Australia were in a strong position with 234-4 from 42.3 overs when a thunderstorm hit, meaning both sides were awarded a point each. It leaves India needing to thrash [...]
Double injury blow for Blues’ European trip September 28, 2009 CHELSEA have been rocked by the news midfielders Michael Ballack and John Obi Mikel will both miss tomorrow’s Champions League tie with APOEL Nicosia. Neither player has travelled with the squad as Germany captain Ballack has a calf strain and Mikel is struggling with an ankle injury. But England full-back Ashley Cole did make the [...]
Borthwick in all-clear for autumn Tests September 28, 2009 ENGLAND captain Steve Borthwick’s rollercoaster injury ride took another upturn yesterday after he was given the green light to play in the autumn internationals. Saracens feared their skipper had suffered an eye socket fracture when he was forced off in their narrow 19-16 win over Gloucester on Sunday. But scans yesterday revealed nothing more sinister [...]
Flintoff: I won’t pick and choose my England dates September 28, 2009 ENGLAND all-rounder Andrew Flintoff has stressed that playing for his country will be his priority when he returns from his latest injury nightmare. The 31-year-old, who is expected to be out for at least six months following knee surgery, earlier this month drew criticism for refusing a central contract. But the irreplaceable talisman, who retired [...]
Strauss gets ICC backing in cramp row September 28, 2009 WORLD governing body the ICC has backed England captain Andrew Strauss in the row over cramp that erupted during Sunday’s Champions Trophy defeat of South Africa. Proteas skipper Graeme Smith asked for a runner when he started cramping as the hosts vainly chased their target of 324. But Strauss, backed by the umpires, turned down [...]
Obama boost for Chicago bid September 28, 2009 OLYMPICS: President Barack Obama will travel to Copenhagen this week to show his support for Chicago’s bid to host the 2016 Olympic Games.He will join his wife Michelle at the International Olympic Committee meeting in the Danish capital on Thursday. Chicago, the favourite to land the Games, faces stiff competition from Madrid, Rio de Janeiro [...]
Woods claims FedEx Cup September 28, 2009 GOLF: World No1 Tiger Woods took home a cheque for $10m (£6.3m) after being crowned the winner of the FedEx Cup, despite Phil Mickelson claiming the Tour Championship. Mickelson shot a final-round 65 on Sunday to claim victory at East Lake Golf Club but Woods was second, ensuring the 33-year-old topped the FedEx Cup standings. [...]