WHAT THE OTHER PAPERS SAY THIS MORNING June 4, 2009 FINANCIAL TIMES AQUASCUTUM IN BUY-OUT TALKSAquascutum, the classic British clothing brand, could be sold to the Hong Kong clothier that distributes the label in China and south-east Asia after an offer from the brand’s management to buy the business was rejected at the eleventh hour last week. Japan’s Renown, which bought the British label in [...]
Safina and Kuznetsova to meet in all-Russian final June 4, 2009 WORLD No1 Dinara Safina admits she is deperate to win her first Grand Slam after beating Dominika Cibulkova to set up an all-Russian French Open final. Safina got away with an error-strewn performance against the Slovakian 20th seed to win 6-3, 6-3, and take another step closer to her first major title. Last year’s runner-up [...]
Shivers abound in this Gothic page-turner June 3, 2009 THE LITTLE STRANGERBy Sarah WatersVIRAGO, £16.99 THIS venerable, multi-award winning novelist (shortlisted for the Booker Prize twice with Fingersmith and Nightwatch) has returned to historical fiction with a blazing, immaculate Gothic ghost story set in postwar Britain. Welsh-born Waters is known for her Victorian lesbian drama and fans of that style might be sad the [...]
Federer closing in on first French title June 3, 2009 WORLD No2 Roger Federer swept into his 20th consecutive Grand Slam semi-final with a blistering demolition of home favourite Gael Monfils in the French Open. The Swiss master, 27, was forced to save a set point in an opening set tie-break before fighting back to clinch a 7-6 (8-6), 6-2, 6-4 victory over the fancied [...]
LDV back in administration as white knight Weststar decides to turn tail June 2, 2009 VANMAKER LDV, backed by Russian oligarch Oleg Deripaska, is back in administration, after white knight Weststar rode out of town yesterday. The Malaysian company agreed last month to buy LDV, which employs 850 people in the UK, after it halted production due to a collapse in demand for vehicles. Weststar was the only bidder to [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 2, 2009 FINANCIAL TIMESCARLSBERG SEEKS TO EXTEND REACH IN ASIACarlsberg, the Danish brewer, is planning further expansion in Asia to help reduce its substantial exposure to the volatile Russian beer market. “We do see Asia as being a place to expand and invest in,” Jørgen Buhl Rasmussen, chief executive, told the Financial Times in an interview. He [...]
Hand of Stone smites Murray’s French bid June 2, 2009 BRITISH No1 Andy Murray admitted having no answer to the sheer power of 12th seed Fernando Gonzalez after seeing his dream of French Open glory die at the quarter-final stage. Murray slugged his way back into the match after dropping the first set but wilted in his attempt to contend with the brute force of [...]
Ancelotti promises to recreate his European success as Chelsea boss June 1, 2009 FORMER AC Milan coach Carlo Ancelotti was anointed Chelsea manager yesterday and immediately vowed to deliver the Champions League glory the Blues so desperately crave. Ancelotti, whose three-year contract begins on 1 July, has an outstanding continental pedigree that helped make him Chelsea owner Roman Abramovich’s No1 choice. The Italian, 49, led Milan to two [...]
Mandelson is reassured on GM’s sell-off May 31, 2009 BUSINESS SECRETARY Lord Mandelson said yesterday he had been given further assurance from just-sold GM Europe that Vauxhall production would not leave the UK, as fears grow over job security at British car plants. As Canadian-Austrian Magna International buys up Opel and Vauxhall, the European arm of ailing carmaker GM, there are fears that sites [...]
Russian support has allowed Magna to rise above the rest May 31, 2009 OUTBIDDING rivals Fiat, Brussels-based IHJ International and Beijing Automotive Industry Corp (BAIC) to secure the acquisition of Opel and Vauxhall was a coup for Magna’s owner, Frank Stronach. It takes him back to his European roots, and gives the company the opportunity to milk the ever-expanding Russian car market. Stronach is an Austrian émigré who [...]