LIBOR CRISIS SPREADS July 15, 2012 LLOYDS became the latest UK bank to be dragged into the ongoing Libor scandal over the weekend, after the New York Fed made public emails sent by Barclays staff to the US authorities that accuse Lloyds of entering false Libor submissions in mid-2007. A swathe of previously unseen documents also show Bank of England governor [...]
No fear of dead cat bounces here July 15, 2012 EARLY risers were greeted yesterday by a bungee ballet over the Thames. At 7.30am, 16 performers leapt from the Millennium Bridge to touch the water before flying back up. Inspired by a Latin American rite of passage, this hair-raising spectacle was the opening act in a whole day of gravity-defying action commissioned by the Mayor [...]
Wiggins holds back with Tour sabotaged by nails on the road July 15, 2012 BRITISH hopeful Bradley Wiggins led a magnanimous stance among cyclists at the Tour de France yesterday, slowing down the leading pack after the race was sabotaged by nails spread on the track. Wiggins’s close rival Cadel Evans was one of around 30 riders to suffer punctures, becoming stranded near the summit of the Mur de [...]
Chisora: Anger towards Haye has been simmering for a year July 12, 2012 EXCLUSIVE BRITISH heavyweight Dereck Chisora has revealed that his bitter rivalry with David Haye began well before their February press conference brawl and that he has not yet forgiven him for the cancellation of his fight with world champion Wladimir Klitschko. Chisora was last year scheduled to challenge Klitschko in Germany on 30 April before [...]
Wiggins’ work rewarded with relief on Tour July 12, 2012 BRITAIN’S Bradley Wiggins admitted his great relief after yesterday retaining the Tour de France’s yellow jersey and extending his overall lead in another promising day for Team Sky. At 2 minutes and 5 seconds behind Wiggins, compatriot and team-mate Chris Froome is now in second place after defending champion Cadel Evans dropped to fourth, while [...]
O2’s network blackout is an embarrassment admits boss July 12, 2012 O2 has been forced to apologise after network problems caused millions of its customers to lose mobile phone coverage. Chief executive Ronan Dunne said the “embarrassing” failure had affected more than 7m of the network’s 23m UK subscribers. The outage meant that users were unable to receive phone calls or text messages, and were also [...]
FILM | SEEKING A FRIEND FOR THE END OF THE WORLD July 12, 2012 Cert 15 | By Steve Dinneen * Seeking a Friend For the End of the World is terrible name for a movie. In the event, it acts as a handy indication of what you’re going to have to endure. In content, if not tone, it’s pretty close to Lars Von Trier’s Melancholia – a film [...]
The Ashes look rosy for England July 11, 2012 TUESDAY’S win reinforced the view that England are in front of Australia. It was judgment time to see where the Australian and English sides were, with the Ashes only 12 months away, and England are miles in front. Australia brought over some of their younger players – James Pattinson, Pat Cummings, Matthew Wade – who [...]
Wiggins wails in fresh debate over doping July 11, 2012 TEAM Sky cyclist Bradley Wiggins again distanced himself from the subject of doping after yesterday setting a new British record by retaining the Tour de France’s yellow jersey for a fourth day and maintaining his lead. France’s Thomas Voeckler won the Tour’s 10th stage but Wiggins, by one minute and 53 seconds, remains the overall [...]
Valentino to go to Qatar July 8, 2012 THE EMIR of Qatar may buy Valentino from its private equity owners, Sky News said yesterday. The private equity firm Permira currently owns Valentino, having acquired the luxury Italian fashion brand near the top of the market, for €2.6bn (£2.1bn). The acquisition would see not only the eponymous Valentino label, but also Missoni changing owners. [...]