Wizz Kid to prove too speedy in King’s Stand June 18, 2012 CONSIDERING six of the last nine winners of this afternoon’s King’s Stand (3.05pm) have been overseas raiders, I am a little surprised that only four of the 23 runners are trained outside of Great Britain and Ireland. Ortensia, winner of the Al Quoz Sprint at Meydan in March, flies the flag for the Australians who [...]
Excelebration set to chase unbeaten Frankel’s shadow June 18, 2012 FINDING a horse good enough to beat Frankel has eluded me on every occasion I have tried to date and I have no intention of attempting it again this afternoon. Sir Henry Cecil’s superstar is the highest-rated racehorse in the world and is simply impossible to oppose in his attempt to make it 11 without [...]
Born To Sea and Lucayan can go close in St James’s June 18, 2012 IF the opening two days are anything to go by, this year’s Royal Ascot is going to have record breaking field sizes. This afternoon’s feature race, the St James’s Palace Stakes (3.45pm), has 16 declared runners, the largest in over 60 years. It makes for fantastic racing, but finding winners is going to be even [...]
Rooney’s return should inspire Three Lions to another victory June 18, 2012 ENGLAND UKRAINE 7.45pm ITV 1 ENGLAND have one foot in the quarter-finals of Euro 2012 and Roy Hodgson’s men should step in to the last eight with only a point required against Ukraine this evening, especially with Wayne Rooney returning to the side. Regular readers will know that I’ve been down on England’s chances from [...]
Management reshuffle at Man Group June 18, 2012 Embattled hedge fund firm Man Group today sacked its finance chief in a management reshuffle designed to regain investor confidence and reverse poor performance at its flagship fund. Kevin Hayes is to leave the firm immediately and will be replaced by Jonathan Sorrell, son of WPP chief Sir Martin Sorrell and formerly Man’s head of [...]
Rolls-Royce wins £1bn nuclear submarine deal June 18, 2012 Rolls-Royce has won a £1bn deal from the government to supply it with reactor cores for the new class of UK nuclear submarine. As part of the deal the engineering firm will invest in its Derby manufacturing plant, creating 300 jobs. “This demonstrates the high level of trust the Ministry of Defence has in both [...]
Cable & Wireless Worldwide set to be bought by Vodafone for £1bn June 18, 2012 Vodafone is expected to buy Cable & Wireless Worldwide (CWW) for £1bn after leading CWW shareholder Orbis Investment Management gave its backing to the deal. Orbis, which owns 19.06 per cent of CWW, has voted against the takeover in the past but changed its mind after CWW revealed that holders of 59 per cent of [...]
FTSE down as rally fizzles out June 18, 2012 The FTSE enjoyed a brief rally this morning – but all the gains were wiped out by 9.30am. The index had opened up 1.3 per cent, driven by strong performance from banks and commodity stocks as investors welcomed the result of Sunday’s Greek election. A narrow victory by pro-bailout parties over radical leftists had eased [...]
Tesco to sell half its Japanese business to Aeon June 18, 2012 Supermarket giant Tesco is to sell half of its Japanese business for a nominal sum. Japan’s second biggest retailer Aeon Corp will has bought a 50 per cent share in the loss-making business for a nominal sum. Tesco put the unit up for sale last August, ending an eight-year attempt to break into the domestic [...]
Asian shares rise after Greek election result June 18, 2012 Asian shares rose more than 1.5 per cent today after Greeks narrowly avoided handing an election victory to the anti-bailout Syriza party. MSCI’s index of Asia Pacific shares outside Japan rose 1.6 per cent and Tokyo’s Nikkei closed up 1.8 per cent, its best finish in nearly a month. “It’s a temporary rally but we’re [...]
