Haye trainer has no fear from Klitschko defence December 14, 2009 DAVID HAYE’S trainer Adam Booth is confident he has hatched a plan to beat Vitali Klitschko after the Ukrainian retained his WBC heavyweight title in Berne, Switzerland, on Saturday night. Klitschko condemned American Kevin Johnson to his first defeat with a unanimous points victory but his laboured performance failed to impress Booth. “It was a [...]
Another boss to step down from TNK-BP November 11, 2009 BILLIONAIRE Mikhail Fridman yesterday said that he is likely to step down as acting chief executive of BP’s Russian joint venture TNK-BP, which will appoint a new permanent chief. The void at the helm of TNK-BP is the result of a row over strategy and control that erupted last year between BP and the four [...]
Arsenal’s Gazidis preaching simple solution to football’s debt problem March 10, 2010 IT seems apt that Ivan Gazidis first fell in love with football at Portsmouth. His boyhood club’s grim descent into administration has laid bare the financial mismanagement prevalent even at the top level, where clubs borrow vast sums just to keep pace with their rivals. Now, as chief executive of Arsenal, he is among the [...]
Spyker Cars tables renewed offer for GM’s Saab marque December 21, 2009 Dutch luxury carmaker Spyker Cars yesterday submitted a new offer to fast-track a buyout of Saab from General Motors, two days after last-ditch talks to rescue the Swedish manufacturer collapsed. GM said on Friday it would start shutting down the loss-making firm after talks with Spyker ended. The move to abandon the 60-year-old Swedish auto [...]
ROMA MOVE IN FOR ROMAN November 19, 2009 ITALIAN side Roma took the lead the race to sign Tottenham striker Roman Pavlyuchenko last night after club director Daniele Prade flew into London to discuss a possible transfer. The £13.8m Russian has fallen out of favour under Harry Redknapp this season, prompting Prade to push a deal through. Pavlyuchenko’s representative Oliver Wendt said: “It’s [...]
Obama in GM trade row November 5, 2009 US PRESIDENT Barack Obama has stepped into the row about the future of Vauxhall and Opel as anger about General Motors’ decision to keep its European arm threatens to harm future business deals. Obama is believed to have made an agreement with German chancellor Angela Merkel that she would co-ordinate with the US leader on [...]
Obama in GM trade row November 5, 2009 US PRESIDENT Barack Obama has stepped into the row about the future of Vauxhall and Opel as anger about General Motors’ decision to keep its European arm threatens to harm future business deals. Obama is believed to have made an agreement with German chancellor Angela Merkel that she would co-ordinate with the US leader on [...]
Russian firm invests $200m in Facebook May 26, 2009 THE queue of investors itching to cash-in on social networking site Facebook was long. But Russia’s Digital Sky Technologies (DST) pipped the competition to the post yesterday when Facebook, run by 24 year old Harvard drop-out Mark Zuckerberg, accepted a $200m (£126m) investment from the company, controlled by Yuri Milner. Milner’s company owns Russia’s largest [...]
Davydenko is the unlikely star of the O2 November 29, 2009 NIKOLAY DAVYDENKO treated the London crowd a tennis masterclass on his way to becoming the first Russian to win the season-ending ATP World Tour Finals. The 28-year-old turned on the style to beat Argentina’s Juan Martin del Potro 6-3, 6-4 to claim the biggest title of his career – and a cheque for just over [...]
LICENCED TO SELL November 12, 2009 THE former Midland Bank headquarters – which was the setting for the Fort Knox vault in 1964 Bond film Goldfinger – has been sold for £40m to an anonymous buyer. The building, located opposite the Bank of England, was owned by a Russian investor who wanted to convert the 291,573 sq ft bank into a [...]