Wiggins’ Tour chances rocked July 13, 2010 TEAM Sky’s Bradley Wiggins has admitted he may have to settle for a top-10 spot in the Tour de France after losing major ground on the leaders in yesterday’s ninth stage. The Englishman finished almost five minutes behind stage winner Sandy Casal and now lies more than seven minutes behind new race leader Andy Schleck. [...]
Wiggins hit by Gerrans exit July 12, 2010 CYCLING: Bradley Wiggins’ hopes of winning the Tour de France suffered a blow during yesterday’s rest day after his Team Sky team-mate Simon Gerrans withdrew from the race with a broken arm. Australian Gerrans, who had been selected to help Wiggins in the mountain stages, suffered the injury in a crash on Sunday. Wiggins struggled [...]
Avanti gets £70m in share sale July 12, 2010 Broadband provider Avanti is preparing to launch a new satellite it says will be able to provide superfast broadband to swathes of Europe and the UK without the need for expensive underground cables. It then plans to send out a second satellite in 2012 that will connect thousands of people in the Middle East and [...]
British Airways near to winning antitrust bid July 11, 2010 BRITISH Airways, American Airlines and Iberia are set to win EU antitrust clearance this week to deepen their Oneworld alliance. The news comes as BA and Iberia are on the brink of merging, and BA chief Willie Walsh has revealed he is already planning to buy up another airline within a year. The antitrust decision [...]
Desmond may bid for Five July 11, 2010 EXPRESS Newspaper owner Richard Desmond has emerged as an unlikely frontrunner in the battle to buy Channel Five. The owner of adult channel Television X has made no secret of his desire to expand his media empire but this is the first time he has been linked to the struggling terrestrial broadcaster. It is understood [...]
Enel to proceed with €4bn IPO July 11, 2010 ITALY’S biggest utility Enel plans to list a stake in its renewables unit despite difficult market conditions and a potential change to Italy’s renewable incentives scheme, Chief Executive Fulvio Conti said. Enel, with debts of €51.9bn at the end of March, aims in October to raise €3-4bn from the sale of a minority stake in [...]
Ideal Shopping Direct stakeholders mull sale July 11, 2010 THE founders of Ideal Shopping Direct are considering selling their 35 per cent stake in the home shopping channel group to cash in on a near doubling of the firm’s shares in the last year, the Sunday Times said. Paul Wright and Val Kaye could get more than £20m for their stake in the AIM-listed [...]
BT and TalkTalk to fight piracy laws July 8, 2010 BT AND TalkTalk will fight controversial new anti-piracy laws in the courts, they revealed yesterday. The internet providers say the Digital Economy Act, which was rushed through parliament earlier this year, will unfairly target their users and could hurt their businesses. The “draconian” act could force ISPs to disconnect users suspected of repeatedly downloading copyrighted [...]
HSBC runs the rule over potential Nedbank deal July 8, 2010 HSBC is mulling the strategic sense of making a bid for South Africa’s Nedbank, majority owned by insurance group Old Mutual, it emerged yesterday. HSBC has appointed investment bank Lazard to advise on a possible takeover, Sky News reported. The emerging markets-focused group is likely to have to stump up several billions of pounds to [...]
Tottenham ready to mount a league title challenge – Bale July 8, 2010 TOTTENHAM flyer Gareth Bale believes Spurs are ready to take another step up and mount a challenge for the Premier League title next season. Harry Redknapp ended years of frustration in May when he led the White Hart Lane outfit to fourth place and a first ever shot at the Champions League. And Wales star [...]