Tsvangirai snubs unity talks July 3, 2008 Zimbabwean opposition leader Morgan Tsvangirai yesterday rejected talks on a unity government, saying President Robert Mugabe must first stop violence and accept him as the rightful election winner. African Union leaders called at a summit on Tuesday for the two sides to negotiate to end the crisis after Mugabe’s re-election in a 27 June ballot [...]
Despite the gloomy market, investors still have something to cheer about July 3, 2008 Look beyond the doom-mongering, and there is still money to be made in property, says Alex Delmar-Morgan Property is a subject close to the hearts of the British people, and many home-owners have been chuffed over the past few years to see the prices of their properties increasing at massive rates. Surely, though, even the [...]
BA snaps up French carrier for £54m July 3, 2008 British Airways struck a deal to buy French business-class rival L’Avion for £54m yesterday to boost its new OpenSkies subsidiary, which flies between continental Europe and America. BA will add L’Avion, which began flying between Paris and London last January, to its OpenSkies unit, which began operations last month. The flag carrier’s OpenSkies service is [...]
Apprentice boss Sugar to quit Amstrad July 3, 2008 Sir Alan Sugar, the entrepreneur and star of the BBC reality TV show The Apprentice, has stepped down as chairman of Amstrad, the electronics firm he founded at the tender age of 21. Though Sir Alan, now 61, said the move had been “planned for a while”, the self-made multi-millionaire is adamant he is not [...]
CRH hit by sharp fall in house building July 3, 2008 Irish building materials firm CRH said yesterday that it expects a “high single percentage” drop in pre-tax profits this year, blaming a downturn in its key markets and a weakening dollar. It forecasts pre-tax profits to 30 June of €600m (£478m), compared with €670m in 2007. Following the news, shares in the second largest provider [...]
FSA clamps down on CFD investors July 3, 2008 Rules forcing contract for difference (CFD) holders to disclose long positions of three per cent have had a mixed reaction in the City. A clampdown by City watchdog the Financial Services Authority (FSA) has long been anticipated due to fears that investors are using CFDs, which give exposure to a share for a fraction of [...]
French jeweller who loves the Queen sees fine times ahead for Cartier July 2, 2008 Luxury goods maker’s man in London says that the market is doing just fine, writes Zoe Strimpel Arnuad Bamberger, the head of Cartier UK, is not your typical Frenchman. He loves the Queen, has more British than European friends, and loves nothing better than a good polo match well attended by tweedy toffs. Indeed, under [...]
Determined Venus looks for revenge July 2, 2008 Venus Williams will be looking to gain sweet revenge on sister Serena should they be paired in Saturday’s singles final at SW19. The four-times champion has suffered defeat to her younger sibling in both their previous final meetings, in 2002 and 2003. But she moved one step closer to securing another family final yesterday with [...]
Murray: I’ve shown I’m as good as Nadal July 2, 2008 British No1 Andy Murray insists he has what it takes to cause a huge upset and knock world No2 Rafael Nadal out of Wimbledon today. Murray thrilled Centre Court with a five-set win over Richard Gasquet on Monday, but goes into his first Grand Slam quarter-final as the underdog, having lost his three previous matches [...]
Twelve axed as Johnson lays down the law July 2, 2008 Martin Johnson insists his England side must learn from their two-Test mauling by the All Blacks if they are to compete with the world’s elite. Johnson marked his first day as England team manager by demoting no fewer than 12 senior internationals from his first 32-man elite squad. And he vowed to crack down on [...]
