GM will stick with plan to cut Opel costs November 8, 2009 General Motors (GM) will probably stick to a plan to cut costs at Opel by 30 percent after deciding to restructure the European subsidiary itself rather than sell it, Bob Lutz, a GM executive set to become Opel’s chairman, said yesterday. “The restructuring plan developed at the end of last year is still the basis [...]
Obama in GM trade row November 5, 2009 US PRESIDENT Barack Obama has stepped into the row about the future of Vauxhall and Opel as anger about General Motors’ decision to keep its European arm threatens to harm future business deals. Obama is believed to have made an agreement with German chancellor Angela Merkel that she would co-ordinate with the US leader on [...]
Eubank’s fear for Haye day of reckoning November 5, 2009 FORMER world champion Chris Eubank fears British heavyweight hopeful David Haye has not had adequate sparring practice for his career-defining showdown with Nikolai Valuev. The south Londoner meets Valuev in Nuremberg tomorrow night for the 7ft 2in Russian’s WBA title in one of the most eagerly anticipated heavyweight clashes in years. Ex-cruiserweight champion Haye, who [...]
SocGen posts near doubling of earnings November 4, 2009 FRENCH bank Societe Generale (SocGen) has more than doubled its profits thanks to a good investment banking performance, although the numbers failed to hit market hopes, sparking takeover talk. SocGen posted a 133 per cent rise in net profit to €426m (£381m) from €183m a year earlier, mainly due to the fact that the bank’s [...]
Wenger hails Gunners after Alkmaar rout November 4, 2009 ARSENAL vs AZ ALKMAAR (1) ARSENAL boss Arsene Wenger hailed his free-flowing side after they all but booked their place in the Champions League last 16 with a stylish display. Two goals from Cesc Fabregas and strikes from Samir Nasri and Abou Diaby ensured the Gunners crept ever closer to reaching the knockout stages for [...]
Haye: I’m more than a mouthy Englishman November 4, 2009 DAVID HAYE says he will prove he is more than a “mouthy little Englishman” when he locks horns with Nikolay Valuev for the WBA world heavyweight crown. The Londoner has taunted the 7ft 2in Russian throughout the build-up to the Nuremberg showdown on Saturday, but plans to back up his words with a champion performance [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 3, 2009 FINANCIAL TIMES INDIA SOLD ON GOLDGold surged to an all-time high after India bought 200 tonnes of the precious metal, swapping dollars for bullion as the finance minister warned the economies of the US and Europe had ‘collapsed’. India’s decision to exchange $6.7bn for gold equivalent to eight per cent of world annual mine production [...]
Haye promises big knockout November 3, 2009 BOXING: Britain’s David Haye has promised to make history by flooring giant Nikolai Valuev with a “jaw-dropping knockout”. The 7ft Russian has never been taken down in 51 contests, but Haye believes he can end that run in Saturday night’s eagerly anticipated WBA heavyweight title fight. “I truly believe it will be one of the [...]
Ferguson in new ref rant as United frustrated November 3, 2009 MANCHESTER UTD vs CSKA MOSCOW MANCHESTER UNITED boss Sir Alex Ferguson continued his crusade against referees with a blast at Olegario Benquerenca as his side were held to a thrilling draw by CSKA Moscow at Old Trafford. Ferguson was furious United weren’t awarded a penalty by the Portuguese official after Darren Fletcher appeared to be [...]
THREE OTHER JAPANESE RESTAURANTS November 2, 2009 ROKARoka is rightly Soho’s favourite, buzziest Japanese and one of the area’s best restaurants. The sushi, sashimi and goodies from the Robata grill are all divine and choosing one dish over another is an eternal struggle. The airy, colourful interior lifts the whole experience further. Go for the tasting menu if you have time. 37 [...]