GENERAL MOTORS SELLS VAUXHALL September 10, 2009 CAR giant General Motors (GM) yesterday revealed it is selling a 55 per cent stake in Vauxhall and Opel to Canadian car parts maker Magna International. The announcement ends a long bidding war for its European arm between Magna, which is backed by Russian bank Sberbank, and Belgian group RHJ International and Beijing Automotive. The [...]
Fergie and Wenger join forces in poach row September 10, 2009 MANCHESTER UNITED boss Sir Alex Ferguson has joined forces with old foe Arsene Wenger in speaking out against the “poaching” scandal, which has plagued the reputation of English football. International governing bodies, Uefa and FIFA, want to outlaw the overseas transfers of players under the age of 18, following claims from abroad that Premier League [...]
Jaegar boss Tillman lands Aquascutum September 8, 2009 LUXURY trench coat brand Aquascutum yesterday returned to British ownership after fashion entrepreneur Harold Tillman and Jaegar chief executive Belinda Earl announced a deal to buy the firm. Tillman, famed for his turnaround of upmarket high street store Jaegar, has said he plans to expand Aquascutum in overseas markets. Tillman said: “There are markets where [...]
Federer in top form as Robredo is next victim September 7, 2009 WORLD No1 Roger Federer continued his devastating form as he cruised into the last eight of the US Open last night with a comfortable victory over Tommy Robredo at Flushing Meadows. The five-time defending champion never looked in danger as he cruised to a 7-5, 6-2, 6-2 win in the Arthur Ashe Stadium to book [...]
Greece is Europe’s top spot to soak up the September sun September 6, 2009 THE beauty of Greece is so extreme that even hordes of tourists can’t ruin it – in a lesser country, the likes of Mykonos, Corfu, Crete and Santorini would have become touristic hellholes by now. Though they remain gems, there’s no doubt that the Greek islands are crowded. For anyone seeking that rare thing, a [...]
Kate’s smart move September 3, 2009 KATE Moss’s latest collection for Top Shop has hit the ground running, as usual. But among the most sought- after pieces are her jackets, ranging from a sexy striped blazer (above) to a Russian velvet jacket to a faux fur coat to – and this one has made the biggest splash – the bejewelled black [...]
Oudin strikes again as fancied Dementieva crashes out September 3, 2009 FOURTH seed Elena Dementieva became the first major casualty of the US Open last night after crashing out to American teenager Melanie Oudin. World No70 Oudin, still 17, caused a major shock earlier this summer by knocking out Jelena Jankovic in the third round at Wimbledon. And she claimed another high-profile scalp by beating the [...]
RHJ raises its offer in war for GM’sOpel September 1, 2009 BELGIAN finance investor RHJ International has sweetened its offer in the ongoing bidding war with rival Magna for GM’s Opel, a spokesman for RHJ confirmed yesterday. RHJ has raised its stakes by offering €300m (£263.4m) in cash for a 50.1 per cent stake in Opel and said it would ask for only €3.2bn in state [...]
Djokovic’s on the march as Open hots up September 1, 2009 WORLD No4 Novak Djokovic made light work of a predicted banana skin last night as he enjoyed an easy passage into the second round of the US Open. The Serbian was up against former world No3 Ivan Lubicic but proved to be a class apart as he strolled past the 30-year-old Croatian 6-3, 6-1, 6-3 [...]
Murdoch’s London Paper closes its doors for now August 20, 2009 NEWS International’s decision to close the London Paper will come as a huge blow to its 60 staff, who will now enter a month-long consultation. They have worked hard to create a product which has been a massive success in many ways. Its revolutionary design, for example, has been critically acclaimed and the paper has [...]