CITY VIEWS: SHOULD ERIC DANIELS HAVE WAIVED HIS BONUS? February 22, 2010 RICHARD BAILEY | CMC MARKETS “These guys operate in a world where they are used to bonuses. It’s not sustainable anymore because the banks aren’t doing a great job. The bankers are bringing down the economy and not making it work.” BEN TOMKINSON | NICOLL CURTIN “I don’t think these people need more money and [...]
CRISIS IN THE SKY FOR VETERAN BROKER February 22, 2010 SIGHS of relief all round yesterday as a veteran of the City broking community emerged unscathed from a terrifying near-death experience. Brewin Dolphin divisional director Stephen Williams – a former head of small company research at Williams de Broë – was one of 231 passengers aboard a Thomas Cook Boeing 757 jet which had to [...]
Germany’s Tui rules out buying up British entity February 22, 2010 Germany’s TUI yesterday denied a weekend report that claimed it was planning to bid for the minority stake in TUI Travel it does not already own, with a view to delisting the UK business. “There are neither plans nor decisions as to how we want to develop our core tourism business in the future,” a [...]
Curling hopes hit by defeat February 21, 2010 BRITISH curling skip Eve Muirhead’s hopes of progressing to the play-offs are hanging by a thread after suffering a third straight defeat last night. Muirhead looked downcast and dejected after the 10-6 loss to two-time Olympic silver medallist Mirjam Ott, of Switzerland. Muirhead’s rink have now played seven and lost four, meaning they must win [...]
Riesch ends Vonn dominance February 18, 2010 MARIA Riesch snatched women’s super-combined Olympic gold from the grasp of Lindsey Vonn – who promptly insisted she couldn’t be happier. Vonn and Riesch are a rare breed in international sport, close rivals who are even closer friends. Riesch was the first to congratulate Vonn following her sensational downhill victory and one day later the [...]
Vonn revels in golden dream February 17, 2010 ON a treacherous piste named Franz’s Run, American Lindsey Vonn summoned the daredevil spirit of the legendary Klammer to secure the Olympic women’s downhill title. Just a week ago Vonn, the dominant force in World Cup racing, announced in front of a packed media conference that a shin injury could have ended her Games before [...]
Rosen unfazed by luge death February 15, 2010 BRITISH luge slider Adam Rosen insists he has no intention of quitting the sport following the tragic death of Georgia’s Nodar Kumaritashvili. Rosen nearly missed the Olympics after crashing during a training run at the controversial Whistler Sliding Centre track five months ago. But he recovered from his injuries, which included a dislocated hip, in [...]
Tui optimistic for summer as bookings rise February 15, 2010 TUI, owner of Europe’s largest travel company TUI Travel, was yesterday optimistic for 2009/10 as recent bookings showed holiday-makers do not want to miss out on summer breaks. “Bookings in the key source markets have improved notably in the past few weeks,” TUI said after impressing investors with a better-than-expected net loss for its fiscal [...]
Ailing share price could cost Lloyds’ Eric Daniels millions February 15, 2010 LLOYDS chief executive Eric Daniels is line to forego a long-term incentive bonus worth millions of pounds as the bank’s share price continues to linger in the doldrums, City A.M. can reveal. Daniels, whose pay is under scrutiny this week ahead of Lloyds’ annual results on 26 February, is now likely to see his combined [...]
Lindsay sets sights on a medal as gamble pays off February 14, 2010 SARAH Lindsay admits her big medal gamble has been giving her sleepless nights in the build-up to her third Olympics. The 29-year old short track speed skater made the decision to focus solely on the 500m in Vancouver as opposed to the longer distances. But the move looked to have paid off after she progressed [...]