London Report: BT falls on Sky’s sports news as FTSE closes flat June 10, 2014 AFTER two days of gains in which the FTSE 100 moved ever closer to its record high, London’s main share index yesterday dipped slightly as warring pay TV broadcasters dragged on the index. The London market closed on 6873.55, down 1.45 points or 0.02 per cent. BT Group fell 2.36 per cent to 396.50, the [...]
Inhaler uproar shocks Froome June 10, 2014 TEAM Sky rider Chris Froome has been shocked by uproar caused following his use of an inhaler during the Criterium du Dauphine after retaining his 12-second advantage over rival Alberto Contador in yesterday’s third stage. Froome, who suffers from exercise-induced asthma, puffed on his inhaler with 19km remaining of the second stage, in which he [...]
BP’s bagged permission to fly an unmanned drone over the US June 10, 2014 BP’s managed to get permission to fly an unmanned drone over the US so it can survey an Alaskan oil field. The drone, which is manufactured by AeroVironment Puma AE, is 4.5 feet long, with a wingspan of 9.2 feet. It started flying over Alaska on Sunday, after the Federal Aviation Administration (FAA) gave it [...]
Time Warner keen to pay for share of Vice June 9, 2014 VICE Media, the digital group that has grown from small “punk zine” roots to a 35-office global media presence, may sell a large stake in itself to Time Warner. The two companies are in advanced talks, Sky Media reported, with a possible deal where Time Warner folds its HLN news platform into Vice, in return [...]
Froome fends off Contador to keep Dauphine lead June 9, 2014 TOUR de France champion Chris Froome has refuted the notion he has a hold over Spain’s Alberto Contador after finishing ahead of his main rival for a second successive stage at the Criterium du Dauphine. In a neck-and-neck mountain-top finish at Col du Beal, Froome was first over the line to retain the yellow jersey [...]
F1 owner makes bid for auctioneer Bonhams June 9, 2014 PRIVATE equity firm CVC Capital Partners is understood to be among a list of suitors circling the auction house Bonhams after tabling a preliminary takeover offer last week. Bonhams, which has sold classic cars such as replicas of Aston Martins driven by James Bond, could fetch hundreds of millions of pounds, according to Sky News.
Shell kicks off search for new chairman June 9, 2014 ROYAL Dutch Shell has started its hunt for a new chairman to replace Jorma Ollila (pictured) who is set to step down next year after eight years in the role. The FTSE 100 oil giant, which issued a shock profit warning in January, has hired the headhunter Egon Zehnder to lead the search, Sky News [...]
Froome shows Tour form with Dauphine win June 8, 2014 BRITISH cyclist Chris Froome enjoyed a perfect start to the defence of his Criterium du Dauphine title yesterday when he won the first stage time trial by an emphatic margin. The Team Sky rider beat his closest challenger, Spain’s Alberto Contador, by eight seconds in Lyon, France, in the opening skirmish of a race seen [...]
Wiggins poised to quit Team Sky over Tour snub June 6, 2014 FORMER Tour de France winner Sir Bradley Wiggins has conceded that he will have to leave Team Sky if he ever wants to ride in cycling’s most famous race again. Wiggins revealed yesterday that he is set to be left out of the British team’s line-up for this year’s Tour, which begins next month in [...]
Eurozone will need more than just QE if it is ever to recover June 5, 2014 SHORT of embracing quantitative easing, the European Central Bank has now done everything it can to try to loosen conditions in the Eurozone. But by no stretch of the imagination could yesterday’s actions be deemed radical. If the aim was to prevent the decline of Eurozone inflation, now down to 0.5 per cent, and to [...]