Palace hope to land Pulis by the weekend November 20, 2013 CRYSTAL Palace have reopened negotiations with former Stoke boss Tony Pulis in the hope of sealing his appointment as manager before Saturday’s trip to Hull. The Premier League’s bottom club initially contacted Pulis following Ian Holloway’s departure last month, but baulked at his wage demands and desire for financial backing in the transfer window. A [...]
Stadium ban for Toure race abuse October 30, 2013 EQUALITY campaigners last night welcomed the decision to impose a partial stadium closure on CSKA Moscow after some of their supporters racially abused Manchester City’s Ivory Coast star Yaya Toure. European football’s governing body Uefa charged the Russian club after Toure and City complained of the problem in last week’s Champions League fixture in Moscow. [...]
Clubs face cap on squads under amended FFP rules March 24, 2014 SPOTLIGHT ON financial fair play in FOOTBALL CLUBS could be forced to enter weakened squads for the Champions League next season if they are deemed to have made excessive financial losses, after European chiefs Uefa made late changes to financial fair play (FFP) rules. The punishment can be levied on teams who have lost more [...]
Eurozone at risk of deflation shock as ECB mulls its options February 24, 2014 Traders still expect policy action next week, but not all disinflation is seen as a problem for the single currency Yesterday’s upward revision to January’s Eurozone inflation reading did little to calm the nerves of those worried about a possible slip into Japanese-style deflation. The harmonised index of consumer prices (HICP) was revised up from [...]
New York Report: Nasdaq breaks 4,000 for first time in 13 years November 25, 2013 THE DOW industrials eked out a slim gain yesterday to end at another record high, after the Nasdaq topped 4,000 for the first time in 13 years and then slipped to close below that level. Wal-Mart Stores shares rose 0.8 per cent to close at $80.43, off an all-time intraday high of $80.57 after the [...]
Inside Track: John Peace prepares to shake up Standard Chartered board November 28, 2013 In the past few days there have been suggestions that relations within the Standard Chartered boardroom aren’t all that they might be. The emerging markets-focused bank survived the financial crisis intact only to see its reputation damaged last year by getting caught up in a sanctions-busting scandal.“ The event led to questions over the chairmanship [...]
Banking regulations are causing problems for the humanitarian chain to Syria December 11, 2013 WHENEVER anyone dips a hand into their pocket for a worthy cause on the other side of the world, it’s only human to focus on the striking images of a starving child or a bereaved family. Thoughts of the world’s banking and regulatory systems will hardly loom large, so those who give could be forgiven [...]
Tomorrow’s Opec meeting and why the pressure’s on for oil next year December 3, 2013 It'd be unlikely that the Organisation of the Petroleum Exporting Countries (Opec) doesn't freeze its output ceiling tomorrow. Speaking ahead of the cartel's meeting, Saudi oil minister Ali al-Naimi (pictured) told reporters today, "the market is in the best position it can be". But a note from investment bank Citi warns that pressure will mount [...]
Regulators clear British firms of gas price-fixing November 7, 2013 ENERGY regulator Ofgem and financial watchdog the FCA yesterday said they had found no evidence of gas market manipulation in Britain after concluding an investigation. A year-long probe into the wholesale gas market was kicked off after a whistleblower, Seth Freedman from price reporting agency ICIS Heron, made allegations of gas price-fixing. “It has been [...]
Failing UK drugs policy should take a leaf from Uruguay and Portugal December 16, 2013 DRUGS are harmful, whether they are legal or illegal. The challenge is how to reduce the harms they cause. For decades, countries have tried to stop drug use by handing out criminal justice sanctions. People are arrested, tried, and convicted, at vast expense. But this has not stopped the ready availability of a huge range [...]