Euro call-up is surreal, admits teenager Oxlade-Chamberlain May 16, 2012 UNCAPPED Arsenal starlet Alex Oxlade-Chamberlain admits he was stunned by his inclusion in England’s squad for next month’s European Championship. The 18-year-old, who has made just six Premier League starts, only found out yesterday morning when manager Roy Hodgson telephoned to break the good news. “I would have probably laughed if someone had told me [...]
Barton denies charge in bid to reduce ban May 16, 2012 QPR midfielder Joey Barton has accepted one charge of violent conduct from the Football Association but denied another in a bid to avoid a double-digit ban. Barton’s admission relates to his kick on Sergio Aguero following his red card against Manchester City on Sunday. His denial relates to an apparent attempt to headbutt Vincent Kompany [...]
Cavendish leads Giro points race May 16, 2012 CYCLING: Britain’s Mark Cavendish surged into a commanding lead in the race for the points jersey in yesterday’s Giro d’Italia 11th stage. Cavendish moved 12 ahead of Matt Goss as Italian Roberto Ferrari won the stage.
Wales wing Cuthbert France snub May 16, 2012 RUGBY UNION: Cardiff starlet Alex Cuthbert has rejected big-money offers from France to sign a new one-year deal. The wing, 22, said his decision had been influenced by a desire to cement his place for Wales.
Shingler loses Scotland appeal May 16, 2012 RUGBY UNION: London Irish back Steven Shingler has lost his battle to represent Scotland rather than Wales. World chiefs ruled the Swansea-born 20-year-old had sealed his fate by playing for Wales Under-20s last year.
Spencer: Icap ready if Greece leaves the euro May 16, 2012 ICAP chief executive Michael Spencer said yesterday the broker could be ready to trade in drachmas within days and predicted other nations could follow Greece out of the euro. Spencer said Icap – which posted a small drop in annual profits – is “hypothetically” ready for a return to the drachma “next week” if Greece [...]
Dutch bank ABN AMRO warns bad loans will continue to rise May 16, 2012 NATIONALISED Dutch lender ABN AMRO reported a 16 per cent drop in net profit to €454m (£363m), hit by a rise in losses on bad loans due to the ongoing recession in its home market. It was a significant improvement on the €23m loss seen in the fourth quarter of last year, when all banks [...]
EU’s Barnier pushes for binding shareholder vote on pay deals May 16, 2012 SHAREHOLDERS should have the power to curb bosses’ pay and set caps on executive bonuses, the EU’s top regulatory official said yesterday, adding to pressure on banks and companies over excessive management pay deals. The plan from Michel Barnier, the European Commissioner in charge of regulation, could pave the way for a pan-EU law next [...]
HOW IS THE TRADING SLUMP AFFECTING BROKER ICAP? May 16, 2012 NESE GUNER | CITI We expect downgrades to consensus full year 2013 revenue forecasts given the slow start to the year and the possibility of a slow summer. Currently the consensus range for 2013 revenues is wide: £1.64bn to £1.84bn. JAMES HAMILTON | NUMIS We believe the time to buy Icap is when there is [...]
CCS funding attracts 16 bidders May 16, 2012 At least 16 companies are interested in participating in Britain’s £1bn competition to fund one or more carbon capture and storage (CCS) projects, the government said yesterday, hoping to encourage competitors to link projects together. Companies including Shell, National Grid and Centrica have signalled an intention to apply for funding but the government does not [...]