Clijsters fit enough for US Open August 23, 2010 TENNIS: Reigning US Open champion Kim Clijsters last night declared she will be fit in time to defend her title at Flushing Meadows next week. The Belgian 27-year-old required treatment on her left leg during her quarter-final defeat to Russia’s Vera Zvonareva at the Rogers Cup last week. “I am in no doubt over my [...]
England 2018 figures miss key meeting August 23, 2010 THE ENGLAND team largely failed to turn up during the World Cup and now the team behind the country’s bid to host the 2018 finals followed suit, with a host of central players failing to show up for a key meeting. An envoy from governing body Fifa, fronted by the president of the Chilean football [...]
WHAT THE OTHER PAPERS SAY THIS MORNING August 22, 2010 THE SUNDAYS The Sunday Telegraph TESCO TO OPEN DRIVE-THRU STORE It has moved into banking, pet insurance and telecoms, but Tesco will expand its reach further this week with the launch of the UK’s first ever “drive-thru” supermarket. The service will allow customers to pick up their weekly shop without leaving their car. LIDL SET [...]
SPORT | IN BRIEF August 22, 2010 Rudisha breaks 800m record ATHLETICS: Kenya’s David Rudisha yesterday broke the men’s 800m world record at an IAAF World Challenge meeting in Berlin. The 21-year-old, who was only a semi-finalist at last year’s World Championships, clocked one minute 41.09 seconds, beating the record set in 1997 by Denmark’s Wilson Kipketer by 0.02 seconds. Wigan top [...]
WHAT THE OTHER PAPERS SAY THIS MORNING August 19, 2010 FINANCIAL TIMES ACCOUNTING ISSUES MAR CONNAUGHT SELL OFF PLANS Accountancy issues at Connaught are expected to have affected more than just the beleaguered property service group’s social housing maintenance division, according to people familiar with the matter. The development may affect the ability of Connaught to sell off parts of its business, which is one [...]
Carlsberg ups target as key markets rise August 17, 2010 CARLSBERG yesterday lifted its target for profits growth after reporting a 30 per cent rise in second-quarter profits and winning a bigger proportion of some of its main markets. The group said it expected net profits to surge an estimated 40 per cent this year – double the 20 per cent previously forecast. Carlsberg, which [...]
Investors should look East if they want strong yields August 17, 2010 FIXED income is at a cross roads. While yields on G3 government bonds continue to fall to record lows, investors are left in a quandary: put up with low yields because these are the “safest” bonds in the world, or sell their stakes and move into the higher-yielding debt of emerging markets. Since the onset [...]
EMERGING MARKET DEBT FUNDS August 17, 2010 ABERDEEN GLOBAL – EMERGING MARKETS BOND FUND Launched in August 2001, this fund is managed by Aberdeen’s emerging markets bond team and has $531.1m in assets under management. It aims to create long-term total return by investing in fixed interest securities issued by emerging market firms and government-related bodies. It is a Luxembourg-domiciled SICAV with [...]
Russian drought set to hit grain output August 16, 2010 RUSSIA’S severe drought may cut its grain output by 40 per cent this year, a leading research group said yesterday, as Russia’s weather service forecast short-lived rains in some areas which could help planting for next year. Leading Russian agricultural analyst’s body SovEcon said it cut its 2010 grain crop forecast to 59.5-63.5m tonnes from [...]
Russian grain ban fuels fears of food price inflation August 15, 2010 CONCERNS over sharply rising food prices were stoked yesterday as Russia, the world’s third largest wheat seller, brought in an emergency ban on grain exports. Experts said the price of bread could shoot up by ten per cent after Prime Minister Vladimir Putin said the government had banned grain exports until 31 December. Putin said [...]