DP World in listing delay June 28, 2010 DP World, the Dubai port operator, has put off a London Stock Exchange listing. It is waiting for the merger of the two Dubai exchanges where its shares already trade before coming to London. The earliest it can now look for a dual listing is March 2011. DP World had originally sought the listing to [...]
Serena powers through June 28, 2010 DEFENDING champion Serena Williams overcame a brave performance from 2004 champion Maria Sharapova to blast into another Wimbledon quarter-final. The top seed recovered from a marathon tie-break in the first set to come through 7-6 (11-9), 6-4 against the popular Russian on Centre Court. Williams now plays China’s Na Li in the last eight after [...]
QinetiQ confirms deal with unions for pay and benefits June 28, 2010 DEFENCE firm QinetiQ has reached a deal with union members to alter redundancy rights in exchange for a 3.5 per cent pay rise, the company announced yesterday. Around three quarters of the 6,500-strong workforce voted in favour of the deal, in which redundancy pay will be capped at four weeks’ pay per year of service [...]
Hunt apologises for Hillsborough June 28, 2010 FOOTBALL: Culture Secretary Jeremy Hunt has apologised after suggesting that hooliganism played a part in the Hillsborough tragedy, which killed 96. Praising the behaviour of England fans at the World Cup, Hunt said “the terrible problems” of “Heysel and Hillsborough in the 1980s were behind us”. Apologising, he said: “I know that fan unrest played [...]
Sharks snap up James June 28, 2010 RUGBY UNION: Sale Sharks have strengthened their squad for the new Premiership campaign by completing the signing of utility back Matty James. The 23-year-old New Zealander makes the step up from National One side Cinderford after enjoying a spell with Welsh side Neath in 2009. Newcomers Exeter Chiefs, meanwhile, have signed Samoan international scrum-half Garrick [...]
EU prepares to fine steel cartels for price-fixing June 28, 2010 European Union antitrust regulators are this week understood to be preparing to fine steel companies, including world leader ArcelorMittal, for operating a cartel. In October 2008, the European Commission, the EU’s antitrust watchdog, charged several companies with illegally fixing prices. The unidentified companies make wire rods used in prestressing steel for constructing balconies and foundation [...]
Cavendish eyes fast start June 28, 2010 CYCLING: Mark Cavendish is looking to hit the ground running with a first stage victory when the Tour de France gets underway on Saturday. The British rider sprinted to six stage wins during last year’s Tour and believes the 225.5km opening stage through Holland to Brussels is right up his street. “It’s no secret I [...]
O’Brien dominates Coral-Eclipse June 28, 2010 RACING: Aidan O’Brien has six of the 13 six-day entries for the Coral-Eclipse at Sandown on Saturday. The master of Ballydoyle has entered Beethoven, Bright Horizon, Encompassing, Fencing Master, Steinbeck and Viscount Nelson. Henry Cecil’s Twice Over is one of O’Brien’s main rivals, along with John Gosden’s Dar Re Mi.
Western oilcos move to end trade with Iran June 28, 2010 Iran faced growing economic pressure yesterday after two Western oil firms halted business with it, and a Gulf Arab country seen as a trade lifeline for Tehran moved to freeze some Iranian-linked bank accounts. The developments underlined the major oil producer’s increasing international isolation over a nuclear programme it says is aimed at generating electricity [...]
Up in the air: England fly home with Fabio in limbo June 28, 2010 UNDER-FIRE England manager Fabio Capello faces a nervous fortnight after being told that the Football Association want time to weigh up whether to sack him. Capello held talks with Club England chairman Sir Dave Richards yesterday morning, just hours after a crushing 4-1 defeat to Germany ended the nation’s World Cup hopes. The Italian insists [...]