Davos Diary: Day 1 January 20, 2020 Paul Blanchard reports from the 50th edition of the World Economic Forum in Davos
South Africa v England: Joe Root’s wickets leave visitors on the brink of victory and series lead January 19, 2020 Only rain can stop them now. It’s not a statement which you would expect to be true about England playing an away Test match against South Africa, but after a nigh on perfect fourth day in Port Elizabeth the visitors are on the brink of taking a 2-1 series lead. England began Sunday needing 14 [...]
West Ham v Everton preview: David Moyes and Carlo Ancelotti appointments see Premier League underachievers taking alternative routes January 16, 2020 West Ham and Everton meet tomorrow in the Premier League in similar positions. While five places and six points separate them in the table ahead of Saturday’s fixture at the London Stadium there is plenty of common ground between the two sides. The Hammers and the Toffees are the 18th and 19th richest clubs in [...]
New cinemas and indie hits like Knives Out help Everyman book record sales January 15, 2020 A rapid expansion and the success of breakout indie movies like Rian Johnson’s Knives Out pushed Everyman to a record £65m revenue in 2019, the cinema chain revealed today. The record sales, a 25 per cent jump on the previous year, were underpinned by the opening of seven new venues to take Everyman to a [...]
Tullow Oil books $1.5bn writedown as it cuts outlook for oil prices January 15, 2020 Tullow Oil sounded the alarm on oil prices today, booking a $1.5bn (£1.15bn) writedown on its outlook after lowering its long-term oil price outlook. The energy firm slashed its prediction for oil prices by $10 to $65 a barrel, with underwhelming well exploration and a reduction in Ghanian reserves also contributing to the writedown. “Tullow [...]
World’s richest football clubs 2020: Barcelona replace Real Madrid at top of Deloitte Football Money League as Manchester United are left behind January 14, 2020 Barcelona have overtaken Real Madrid to become the world’s richest football club, according to Deloitte’s Football Money League. The Spanish champions saw revenue soar to €840.8m (£741.1m) last year – a record figure for any team and almost 10 per cent more than rivals Real Madrid, who are second. Manchester United, in third, remain the [...]
Trainline hits back at Virgin with its own ‘split ticketing’ initiative January 11, 2020 Ticketing app Trainline has launched its own version of “split ticketing” just days after Virgin Rail launched its own app with the legal loophole in a bid to end Trainline’s stranglehold on the market. Split ticketing purchases two or more tickets for a journey at a lower price than a standard fare. The split ticketing [...]
Iran admits ‘unintentionally’ shooting down Ukrainian plane January 11, 2020 Iran has accepted that it was responsible for shooting down a Ukrainian jet and killing all 176 people on board for the first time. President Hassan Rouhani said an investigation had found that “missiles [were] fired due to human error”. He said it was an “unforgivable mistake”. Read more: West blame Iran missile for shooting [...]
Corbyn’s defeat won’t end the debate about capitalism January 10, 2020 The city, the wider business community and, indeed, our entire market economy may have escaped the ravages of Corbynism, but that doesn’t mean questions about corporate conduct or the nature of modern capitalism will fall away. Nor does it mean that business leaders and advocates of liberal, free-market economics should step back from addressing issues [...]
Can anyone stop Liverpool from becoming invincible and breaking Arsenal’s 49-match unbeaten record? January 9, 2020 If Liverpool avoid defeat against Tottenham on Saturday evening, they will have gone 38 league games unbeaten; the equivalent of a full season. Unfortunately, there are no medals for that in isolation, but there will be a trophy come the end of the season assuming they stay on course to end their 30-year top-flight drought. [...]