Chinese Court throws out corruption appeal by three Rio Tinto executives May 17, 2010 A SHANGHAI court has rejected the appeals of three former Rio Tinto employees, convicted in March for corruption. The Higher People’s Court of Shanghai threw out the appeals by Wang Yong, Ge Minqiang and Liu Caikui. They had admitted receiving kickbacks from steel mills desperate to buy iron ore from Rio Tinto at relatively low [...]
BEST OF THE BROKERS May 17, 2010 HARDY Execution Noble maintains a “buy” recommendation for Hardy given the current rating and high quality underwriting on its portfolio in the past. Execution said the group expects premium volume in 2010 to increase to £300m with further growth expected in 2011 as expansion continues through access to new geographies. IBERIA Royal Bank of Scotland [...]
CITY MOVES | WHO’S SWITCHING JOBS May 17, 2010 Quayle Munro The boutique merchant banking group has appointed Andrew Adams, pictured, and Robert Cormie as executive directors. Adams has been a managing director at the firm since 2008, having spent ten years at The Van Tulleken Company prior to its acquisition by Quayle Munro. Cormie also became a managing director in 2008. Prior to [...]
My corporate jet is easyJet: meet the platform boss taking on the LSE May 17, 2010 HE TALKS LOUDLY and moves fast. Alasdair Haynes, the chief executive of the pan-European trading platform Chi-X Europe, cuts a larger than life figure. The boss of the trading platform, which has grabbed a 30 per cent share of FTSE 100 trading from long-established rival the London Stock Exchange (LSE) since it was set up [...]
Title hopeful Webber is beginning to come of age May 17, 2010 MARK WEBBER says he is benefiting from age and experience as he continues his charge towards the world title. The Australian completed an impressive light-to-flag victory in Monte Carlo on Sunday to take him level with Red Bull team-mate Sebastian Vettel at the top of the drivers’ championship for the first time. Webber has previously [...]
New-look Wentworth is in for a treat May 17, 2010 THE PGA Championship at Wentworth is always an occasion to savour but Ernie Els’ remodelling of the West Course will make this year’s event all the more intriguing. Ernie is back at the iconic Surrey course this week bidding to win this for the first time – and the form he’s in at the moment, [...]
SPORT | IN BRIEF May 17, 2010 Euro cup is back in Britain RUGBY UNION: The Heineken Cup final will be staged at Cardiff’s Millennium Stadium in 2011 and Twickenham the following year. It is the fourth time the final has been staged at the Millennium Stadium – ironically with Munster winning on each occasion. Similarly, it is also the fourth time the [...]
Ballack ruled out of World Cup by injury May 17, 2010 CHELSEA and Germany star Michael Ballack has admitted his despair at being ruled out of the World Cup with an ankle injury. Ballack, 33, was set to captain his country at this summer’s tournament before suffering torn ligaments in Saturday’s FA Cup final victory. The midfielder was forced to limp off after a challenge from [...]
Lord Sugar ready for FA chairman role and has sights set on major reforms May 17, 2010 LORD Sugar has thrown his hat into the ring as a potential successor to Lord Triesman as chairman of the Football Association. Entrepreneur Sugar, who spent 10 years as chairman of Tottenham until 2001, said it would be a “great honour” to head up the FA, which is currently without both a permanent chairman and [...]
Robins edge out Addicks in shootout to reach final May 17, 2010 CHARLTON (2) vs SWINDON (1) Swindon win 5-4 on pens, 3-3 on agg CHARLTON skipper Nicky Bailey suffered penalty shoot-out heartache as the Addicks were beaten to the League One play-off final by Swindon. Bailey left the field in tears after his miss allowed Stephen Darby to convert the winning spot-kick on a night of [...]
