League won’t ban Wonga deal October 9, 2012 PREMIER League chiefs have ruled out intervening in the row over Wonga.com’s sponsorship of Newcastle United, despite the storm that greeted yesterday’s £24m four-year deal between the club and the controversial payday lender. Industry experts accused the company of cynically targeting an area with the highest personal insolvency rates in the country, while the Football [...]
Amir Khan’t afford to lose October 9, 2012 FORMER world champion Amir Khan has accepted he will have nowhere to turn if he falls to a third consecutive defeat against Carlos Molina in Los Angeles on December 15 and believes that a failure to win will end a potential fight with Ricky Hatton. In his last two fights, Khan dropped a controversial decision [...]
Mcilroy and Woods lose opening matches October 9, 2012 World No1 Rory McIlroy and American great Tiger Woods last night lost their opening rounds of the inaugural World Golf Final in Turkey. McIlroy, who was part of Europe’s victorious 2012 Ryder Cup team, lost to the American Matt Kuchar by six shots in his first Group One Game, while Woods lost to Charl Schwartzel [...]
Bolton sack manager Coyle October 9, 2012 FOOTBALL: Bolton Wanderers have sacked manager Owen Coyle after last season’s relegation from the Premier League was followed by a poor start to their Championship campaign. “I had fantastic times here as a player and it has been a privilege to have held the post of manager,” said Coyle. “I wish everyone connected with Bolton [...]
Fifa chief slams football’s divers October 9, 2012 FOOTBALL: Fifa vice-president Jim Boyce has called divers in the modern game the “cancer” of football. “It is becoming a little bit of a cancer within the game. If it is clear to everyone that it is simulation then that person is trying to cheat and they should be severely punished for that,” he said.
Murray hopes for further success October 9, 2012 TENNIS: Andy Murray has admitted he is targeting a strong end to 2012.
Rupert Hume-Kendall lands promotion at Bank of America Merrill Lynch October 9, 2012 Rupert Hume-Kendall, one the most prolific dealmakers at Bank of America Merrill Lynch and short-listed for City A.M.’s investment banker of the year award has just been promoted to a new position within the bank, City A.M. has learnt. He will now be chairman of Global Corporate & Investment Banking for Europe, Middle East and [...]
UK manufacturing falls as trade deficit widens October 9, 2012 British factory output dropped in August as the trade deficit widened, data showed today. Manufacturing output fell 1.1 per cent in August, following a bounce of 3.1 per cent in July, the Office for National Statistics said this morning. Meanwhile, Britain’s goods trade deficit widened to £9.8bn, as exports fell and oil imports rose. The [...]
IMF slashes Britain’s growth forecast October 9, 2012 The International Monetary Fund (IMF) this morning slashed Britain’s growth forecast to -0.4 per cent for 2012, as it said the global economic recovery is weakening. The IMF said the economy would expand at a modest rate of 1.1 per cent next year, from its previous forecast of 1.4 per cent. It downgraded global growth [...]
Julius Baer to cut jobs after takeover October 9, 2012 Swiss private bank Julius Baer said this morning it will cut jobs as a result of its purchase of part of Bank of America Merrill Lynch’s wealth management business. Baer said this morning it will set out “targeted profitability improvement measures”, including a “significant reduction of former Bank of America corporate overhead”. The Swiss bank [...]
