WHAT THE OTHER PAPERS SAY THIS MORNING September 26, 2011 FINANCIAL TIMES BP PROPOSES FOURTH PIPELINE ROUTE TO BRING AZERBAIJAN GAS TO EUROPE BP is planning a pipeline stretching 1,300 km across three countries to bring gas from Azerbaijan to Europe. The scheme is a new entrant in the highly charged competition to construct a supply route to the Caspian basin and reduce Europe’s dependence [...]
$625m Russia payout for BP September 25, 2011 THE BOARD of Russia’s third-largest oil producer, TNK-BP, has approved an additional $1.25bn (£806m) dividend payout to shareholders, a spokesman said last night. A source familiar with the situation said the additional payout for the first half of 2011 was approved at a board meeting in Cyprus on Friday. “On top of $4.2bn already paid [...]
Medvedev hit by snub from finance chief September 25, 2011 FINANCE minister Alexei Kudrin has ruled out taking a job in Russia’s next government, citing irreconcilable policy differences with President Dmitry Medvedev, who is likely to become premier in a job swap with Vladimir Putin. Kudrin (below) is the longest serving finance minister in the Group of Eight and has won the respect of investors [...]
Kidney focus switches to Italy after Russia romp September 25, 2011 IRELAND (62) vs RUSSIA (12) IRELAND coach Declan Kidney is refusing to take Ireland’s World Cup quarter-final presence for granted despite yesterday’s crushing win over Russia. Kidney sent out a largely second string side following last weekend’s win over Australia, but the understudies ran in nine tries and Ronan O’Gara landed 15 points with the [...]
THE BREAKDOWN | WORLD CUP BRIEFS September 25, 2011 SAMOA STILL IN THE HUNT TUSI PISI helped Samoa keep alive their quarter-final hopes as they overcame Fiji 27-7 at Eden Park. Samoa must beat South Africa in their final pool match – or hope Fiji can do them a favourite against Wales – if they are to reach the last eight. Pisi landed four [...]
THE BREAKDOWN | WORLD CUP BRIEFS September 22, 2011 MURRAY IN SUNDAYS PLEA Scotland prop Euan Murray has called for Sunday matches to be removed form the calendar for religious reasons. Murray, a Christian, has elected to sit out this weekend’s crunch Pool B clash with Argentina because of his faith. He said: “I don’t see why there have to be games on Sundays. [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 22, 2011 FINANCIAL TIMES EU TO SPEED RECAPITALISATION OF 16 BANKS European officials look set to speed up plans to recapitalise the 16 banks that came close to failing last summer’s pan-EU stress tests as part of a co-ordinated effort to reassure the markets about the strength of the 27-nation bloc’s banking sector. A senior French official [...]
ANALYST | OF THE YEAR September 21, 2011 JEFF CURRIE GOLDMAN SACHS Goldman’s global head of commodities research was a near-unanimous choice from the judges, because his calls on oil have the power to move markets. He has also advised governments in the US, Europe and Russia. SHORTLIST Peter Davey, Standard Bank Simon Ward, Henderson Global Investors Kevin Cammack, Cenkos Securities Jenny Barker, [...]
THE BREAKDOWN | WORLD CUP BRIEFS September 20, 2011 CONTEPOMI COY ON SCOTS ARGENTINA captain Felipe Contepomi is staying tight-lipped on his hopes of facing Scotland in Sunday’s crucial Pool B showdown. The Pumas fly-half is being tipped to recover from a rib injury for a match that is likely to decide who joins England in the last eight. But Contepomi said: “If I’m [...]
MAMMA MIA! ITALY ROUT RUSSIA September 20, 2011 ITALY romped to their biggest ever World Cup win with a nine-try, 53-17 thrashing of Russia in Pool C yesterday. Giulio Toniolatt and Tommaso Benvenuti scored two tries apiece, Sergio Parisse, Edoardo Gori, Luke McLean and Alessandro Zanni also touched down and their ninth was a penalty try. The win leaves Italy third in the [...]