Ashton confident about Sarries switch July 25, 2012 RUGBY UNION: England wing Chris Ashton believes he will thrive in his new surroundings at Saracens. “One of the reasons I came here was to help my rugby and push myself again,” he said.
South Africa to rest Kallis July 25, 2012 CRICKET: South Africa will rest all-rounder Jacques Kallis for the one-day series against England.
Russia’s Petropavlovsk aims to boost H2 gold output July 25, 2012 Russia-focused gold miner Petropavlovsk aims to boost its gold production during the second half of 2012 after its first half gold output rose 27 per cent, the company said on Wednesday. Its first half gold production was 279,100 troy ounces, up from 219,100 ounces, year-on-year, and in line with the group’s 2012 production target of [...]
Johnson Matthey drops as metal prices hit Q1 July 25, 2012 Shares in Johnson Matthey shed 4 per cent, the second biggest FTSE 100 faller, after the British speciality chemicals company posted a virtually flat first quarter on the back of weak precious metals prices, prompting worries it could miss market forecasts for the first half. Johnson Matthey, the world’s largest supplier of catalytic converters, posted [...]
Outsourcer Capita upbeat as profits rise July 25, 2012 British outsourcing group Capita posted a 10 per cent rise in first half profit, boosted by another acquisition spree, and said a buoyant sales market gave it confidence for a strong 2012 and beyond. Capita, which manages over 21 million life and pension policies and provides radios for UK emergency services, on Wednesday said underlying [...]
Tullow Oil galvanised by Uganda farm-down July 25, 2012 Africa-focused Tullow Oil is setting its sights on boosting production at its Jubilee field in Ghana and success from a busy drilling programme, putting to use $2.9bn (£1.8bn) of funds from partners which bought into its Uganda project. Reporting a 48 per cent increase in first-half pretax profit to $829m and an unchanged dividend of [...]
London Metal Exchange shareholders vote on takeover July 25, 2012 London Metal Exchange (LME) shareholders decide on Wednesday whether to accept a £1.4bn offer by the Hong Kong Stock Exchange (HKEx) for the 135-year-old institution. A survey published on Monday with responses from 38 of the banks, funds and industrial users entitled to vote – more than half of the total – showed that most [...]
Hong Kong’s Li Ka-shing to buy £645m UK gas assets July 25, 2012 A group of companies controlled by Hong Kong billionaire Li Ka-shing has agreed to buy UK gas company Wales and West Utilities for £645m, the latest acquisition by the tycoon that will boost his gas portfolio in Britain. Octogenarian Li has been expanding his business empire by buying into regulated infrastructure and utilities assets in [...]
EasyJet sales rise due to UK’s poor weather July 25, 2012 British budget airline easyJet posted a 10.5 per cent rise in third-quarter revenues, boosted by strong demand for beach holidays due to the poor weather in northern Europe. Europe’s second-largest low-cost carrier on Wednesday said revenues rose to £1.03bn in the three months to the end of June, and issued full-year profit guidance ahead of [...]
BT cuts costs to offset revenue slide July 25, 2012 BT had to rely on deep cost cuts in the first quarter to lift core earnings 2 per cent after tough conditions in southern Europe and the financial sector hit overall revenues. Britain’s biggest fixed-line telecoms firm reported first quarter revenues down 6 per cent to £4.48bnand an outflow of normalised free cash flow of [...]
