Tide is turning towards interest rate hike, says Bank’s Sentance April 10, 2011 THE BALANCE of opinion is turning towards a gradual rise in interest rates, the Bank of England’s chief hawk Andrew Sentence said yesterday. “I’m not sure I am swimming against the tide because I think the balance of opinion has been shifting in that direction,” Sentance said, referring to the growing support for normalisation of [...]
Phone hacking scandal hangs over Sky deal April 10, 2011 RUPERT Murdoch’s planned takeover of BSkyB should not be affected by his UK news arm admitting a long-running phone hacking scandal, politicians said yesterday, but the scandal threatened to overshadow the prospective deal. News International, parent company of the News of the World tabloid, said on Friday it would admit liability and pay compensation in [...]
TRAVEL NOTES April 10, 2011 HOLIDAY IN THE SKIES It’s the only place on earth left – aside from subway trains (and not for long there) – that people are cut off from phones and internet. No wonder, then, that a recent survey from Delta finds that European business travelers see the aeroplane as a blissful escape rather than getting [...]
THINK ROOMS… April 10, 2011 THE PALACE 5* High Street | Sliema | SLM 1542 Showcasing European elegance in the heart of urban Sliema, The Palace is certainly befitting of its majestic name. This luxurious hotel is a real oasis of calm, boasting sumptuous, modern décor alongside pampering spa and leisure facilities. The style continues outside too, with a gorgeous [...]
Friend in high places April 7, 2011 SOME jockeys riding in the Grand National are very superstitious. Several will walk out of Aintree’s weighing room just before 4pm tomorrow with lucky charms tucked away, others will wear undergarments that have supposedly brought them luck in the past. Not 27-year-old Daryl Jacob, the man chosen to partner the well fancied What A Friend [...]
Mickelson’s the Master, but Aussie Aaron appeals April 6, 2011 THE MASTERS 2011 STARTS TODAY – 7PM, SKY SPORTS HANDS up who can spot the difference at the top of the US Masters betting list this year? At first glance it has a highly familiar look about it. PHIL MICKELSON and Tiger Woods again head the field although this time 12/1-shot Tiger – who has [...]
Rooney faces ban from FA Cup derby April 4, 2011 MANCHESTER UNITED striker Wayne Rooney faces being banned for the FA Cup semi-final against Manchester City after he was charged for his foul-mouthed rant at a TV camera. Rooney is expected to receive a two-match suspension if found guilty of the Football Association’s charge of using “offensive, insulting and/or abusive language”. The accusation relates to [...]
WHAT THE OTHER PAPERS SAY THIS MORNING April 4, 2011 FINANCIAL TIMES LIBYAN REBELS SET FOR FIRST CRUDE EXPORTS Libyan rebels are set for their first oil export as soon as Tuesday as they seek funding to sustain their uprising against Muammer Gaddafi’s rule. The Liberia-flagged Equator tanker was off Port Said, Egypt, early on Monday and is expected to dock at the Marsa el-Hariga [...]
BP to offload Arco for $680m April 4, 2011 BP is to sell its subsidiary ARCO Aluminium to a consortium of Japanese companies for $680m. Sumitomo Light Metal Industries, Furukawa Sky Aluminum, Sumitomo Corporation, Itochu Corporation, and Itochu Metals Corporation are paying cash for the company. BP chief executive Bob Dudley said: “Although a strong business, ARCO Aluminum is clearly a non-strategic asset for [...]
Richard Desmond mulls Mail merger April 3, 2011 THE owners of the Daily Express and the Daily Mail are said to have held informal talks about a potential merger of the national newspaper titles. According to Sky News, Richard Desmond (r), the chairman of the Express owner, Northern & Shell, and Lord Rothermere, chairman of Daily Mail & General Trust, discussed the idea [...]