WHAT THE OTHER PAPERS SAY THIS MORNING June 17, 2010 FINANCIAL TIMES UGANDA TAX ROW DELAYS HERITAGE SALE OF OIL FIELD Uganda is insisting that Heritage Oil, the UK-listed oil explorer, must agree to pay $360m (£243m) in capital gains tax on the “super profits” it will make on a $1.35bn oilfields sale before it will sanction the deal. Uganda’s energy minister said the government [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 16, 2010 CHÁVEZ ATTACKS ECONOMIC CRITICS Hugo Chávez has strongly defended his economic record as president of Venezuela after a turbulent year in which the country has been rocked by recession and 30 per cent inflation. Chávez used an interview to assail his critics in the US and Europe, saying the performance of the Venezuelan economy contrasted favourably [...]
WHAT THE OTHER PAPERS SAY THIS MORNING April 5, 2010 FINANCIAL TIMES DUBAI WALTH FUND BUY-OUT HEAD SWITCHES TO CARLYLE Carlyle, the US-based private equity group, has poached Eric Kump, head of Dubai International Capital’s European private equity team, leaving the sovereign wealth fund with a troubled portfolio and lacking funds for new deals. Mr Kump will on Tuesday be unveiled by Carlyle as a [...]
Redknapp: Pressure on City May 4, 2010 MANCHESTER CITY vs TOTTENHAM Sky Sports 2, tonight, ko 8pm TOTTENHAM manager Harry Redknapp insists the burden of expectation rests on Manchester City, not his own charges, as he prepares to take a tilt at history tonight. Victory at Eastlands over their fourth-place rivals would guarantee Spurs a place in the Champions League – an [...]
Shell stops selling oil to Iran March 10, 2010 Oil major Royal Dutch Shell has stopped gasoline sales to Iran, it said yesterday, the latest addition to a growing list of firms that have halted supplies under threat of future US sanctions. The Anglo-Dutch oil firm will join the likes of BP, Reliance Industries, and independent Swiss trader Glencore, among suppliers that have either [...]
Osborne labels Budget empty and unrealistic March 25, 2010 GEORGE Osborne, shadow chancellor, tore into Alistair Darling’s budget proposals in the Commons yesterday, labelling them “empty” and “an exercise in politics, not an example of governing”. The chancellor failed to outline plans on how the government would cut the Budget deficit, which could yet see the UK’s credit rating slashed before the next general [...]
iSoft man lands eight-year ban March 22, 2010 IAN Storey, a former iSoft employee, was banned from practising as an accountant for eight years yesterday after providing false information to auditors. The financial controller of the UK-based healthcare software company admitted he had given “false and misleading information to iSoft’s former auditors over a two-year period in relation to a purported iSoft contract” [...]
Byrne cleared of ban and free to fire the Dragons February 2, 2010 WALES full-back Lee Byrne was last night cleared to take on England at Twickenham on Saturday after having his two-match ban overturned by European Rugby Cup chiefs. The 29-year-old was initially ruled out of the Six Nations opener following his brief appearance as an illegal 16th man in the Ospreys’ Heineken Cup victory over Leicester. [...]
Fifa won’t punish Henry over Ireland handball January 18, 2010 FRANCE striker Thierry Henry last night escaped punishment for his handball against the Republic of Ireland after world governing body, Fifa, admitted they were powerless to sanction him. Henry was referred to Fifa’s disciplinary committee by president Sepp Blatter last month after he handled the ball twice before squaring to William Gallas to score the [...]
NEWS | IN BRIEF January 19, 2010 Habitat to write off debts Habitat’s owners are set to write off 60 per cent of the furniture retailers debts. New owner Hilco, which bought the company for a nominal sum in return for taking on the businesses debts, plans to convert £53m of Habitat’s £87m debt into equity. The sale involved former owner Ikano [...]