McCartney to design Team GB kit July 14, 2010 OLYMPICS: Fashion designer Stella McCartney has been picked to design British athletes’ kit for the London 2012 Games. McCartney will also oversee a range of leisurewear for fans, after being appointed creative director for the project by Team GB sponsors Adidas. The 38-year-old called it “an amazing, once-in-a-lifetime opportunity”, adding: “I have a million challenges. [...]
Torres back for Liverpool opener July 14, 2010 FOOTBALL: Liverpool expect striker Fernando Torres to recover from injury in time for their Premier League opener against Arsenal on 15 August. But the Spain star, who faces four weeks out with a thigh tear, will miss the start of their Europa League campaign. “He had an MRI scan yesterday which confirmed a small tear,” [...]
Paulinho triumphs in Tour stage July 14, 2010 CYCLING: Portuguese rider Sergio Paulinho won the 10th stage of the Tour de France as Andy Schleck maintained his lead in the overall classification. Paulinho, of Team RadioShack, beat Caisse d’Epargne’s Vasili Kiriyenka in a two-way sprint finish. British hope Mark Cavendish finished ninth, at the head of the peloton, to add 12 points to [...]
Watson stars with bat and ball July 14, 2010 CRICKET: Shane Watson claimed career-best bowling figures as Australia reclaimed the upper hand on day two of the first Test with Pakistan at Lord’s. Watson took 5-40, including the wicket of Pakistan’s top scorer Salman Butt (63), as they were bowled out for just 148 in reply to the Aussies’ 253. He then turned his [...]
Our nation of shoppers is not about to quit the habit yet July 14, 2010 SINCE the onset of the recession, the pressure has increased to turn the UK economy into a manufacturing centre of excellence and at the same time become a nation of savers. But has the nation really turned its back on its former favourite pastime, shopping? Well, the hard data would suggest no. According to the [...]
There’s an ETC for your every need July 14, 2010 FANCY investing in emerging market equities, hedge fund performance or copper? If so, then there’s almost certainly an exchange-traded product (ETP) for that. For ETPs are rather similar to the ubiquitous smartphone application: they are cutting-edge, give users fast, simplified exposure to investments and providers can quickly launch in response to user demand. And as [...]
THE TIPSTER July 14, 2010 THE combination of a falling dollar and rising gold prices lends yet more support to the theory that precious metal traders were spooked by the massive quantities of gold that were deposited with the Bank for International Settlements last week. While the spectre of sovereign debt default still can’t be ruled out, the market seems [...]
LISTED PRODUCT NEWS July 14, 2010 HSBC WELCOMES NEW BRAZIL ETF The global investment bank has decided to increase its suite of ETFs and now offers one that tracks the Brazilian stock index. This is the first BRIC ETF launched by HSBC. However, it plans to increase its range further to include the other emerging powerhouses in coming months. The fund [...]
City men should think of pre-nups July 14, 2010 PARTNER, MISHCON DE REYA A DECADE ago this October, English divorce law was revolutionised by the case of White v White. Firstly, it recognised the non-financial contributions of the wife, and secondly it said that the default position when dividing assets at the end of a marriage should be to share them equally. Given this [...]
It’s time to wave goodbye to the lockstep July 14, 2010 SENIOR HUMAN RESOURCES MANAGER, OLSWANG THE legal industry is changing. The traditional lockstep model of career progression – where a lawyer would qualify and then work for several years before hopefully being made a partner, with pay rises reflecting the number of years they had been in the firm – is increasingly viewed as outdated. [...]