Cudicini badly hurt in motorbike smash November 12, 2009 TOTTENHAM goalkeeper Carlo Cudicini is fighting to save his career after suffering “potentially life-changing injuries” in a serious motorbike crash yesterday. The 36-year-old shot-stopper was taken to hospital after his BMW superbike was involved in a smash with a Ford Fiesta in Walthamstow, at around 10.30am. Cudicini fractured both of his wrists and injured his [...]
Men: soothe and protect your skin too November 9, 2009 ONCE the summer sun disappears, it’s easy for men to forget to take care of their skin. However, the winter can be just as problematic to a gent’s appearance as the sunnier months – the cold will dry out your skin and cause chapped lips, and overheating at home can make things even worse. And [...]
GM executive tipped to head Jaguar Land Rover November 8, 2009 Carl Peter Forster, the European chief of General Motors, has been tipped as the next head of Jaguar Land Rover. Forster was unhappy about GM’s decision not to sell European subsidiary Vauxhall Opel to Canada’s Magna International and is expected to join Jaguar Land Rover within the next few months. The London born GM chief [...]
GM reverses out of sale of Europe arm November 3, 2009 GENERAL Motors last night ditched its plan to sell Opel and Vauxhall as new figures showed a sales lift at the recession-hit US giant. The company had agreed to sell Opel and Vauxhall to Canadian car parts firm Magna after months of tough negotiations. The deal had the backing of the German government, which pledged [...]
GLOBAL ECONOMY ON ROAD TO RECOVERY November 2, 2009 A FLOOD of evidence yesterday from across the world provided further confirmation that the global economic recovery was firmly on track. Stock markets in the US and Western Europe rallied in response as investors saw the chances of a double-dip recession as increasingly remote. In the UK, a leading survey of manufacturing purchasing managers showed [...]
Ford registers surprise profit November 2, 2009 FORD surprised Wall Street with a third-quarter profit yesterday and raised its 2011 outlook to “solidly profitable”. Ford, the only large US automaker to avoid bankruptcy in 2009, said the third-quarter results were supported by cost-cuts, improved credit results and increased market share in North America and other key areas. Ford burned through $4.7bn (£2.9bn) [...]
Robust economic data buoys Wall St November 2, 2009 US STOCKS rose yesterday after another round of solid economic reports, but pulled off session highs after a Fed official’s warning about banks’ loan losses. The three major indexes had previously risen about 1 per cent earlier in the session as stronger-than-expected data on manufacturing and pending home sales spurred a broad-based advance and soothed [...]
Sky’s rivals want to punish it for being a success October 29, 2009 BACK in 1997, Japanese carmaker Toyota took a gamble and spent $1bn (£603m) developing the Prius, its hybrid fuel vehicle. At the time, the panic over global warming had yet to develop and there was little call for a mass-market green car. In its first year of production, it sold just 300 units. Now the [...]
CITY MOVES WHO’S SWITCHING JOBS October 29, 2009 MarshThe insurance broker and risk adviser has hired Simon Curtis as chief operating officer of its UK operations, based in London. He succeeds Ian Clarke, who continues as a board member and a member of the firm’s international executive group. Curtis joins from Jardine Lloyd Thompson, which he joined in 2000 after its acquisition of [...]
Ford picks Geely as Volvo frontrunner October 27, 2009 FORD named Zhejiang Geely Holding Group as preferred bidder for its loss-making Swedish unit Volvo in what could lead to the biggest overseas acquisition by China’s fast-growing auto sector. Ford and privately owned Geely did not disclose a possible sale price for Volvo but it is thought to be closer to $2bn (£1.3bn) than the [...]