Man Group says client outflows slow May 1, 2012 Man Group said clients pulled out less of their cash in the first three months of this year than in the previous quarter, raising hopes that the beleaguered hedge fund manager may soon stabilise its business after a dire past six months. The firm, whose share price has fallen by almost 60 percent since September [...]
Xstrata copper production dips May 1, 2012 Miner Xstrata, which is moving into the final stages of a record tie-up with commodities trader Glencore, posted a drop in first-quarter copper production as it prepares for the ramp up of key projects in the second half of the year. Xstrata, which said all its major projects were making good progress and remained on [...]
Lloyds warns of ‘long and difficult’ path to recovery May 1, 2012 Lloyds said it would set aside another £375m to cover compensation for people mis-sold insurance, while it faced a “long and difficult” path to recovery. Lloyds, 40-per cent owned by the government after a bailout during the financial crisis, said the increased provision reflected a rise in the volume of complaints received in February and [...]
BP profit falls as Gulf spill takes toll May 1, 2012 Oil najor BP reported a bigger-than-expected drop in profits despite an increase in crude prices, as production fell after it was forced to sell fields to pay for the Gulf of Mexico oil spill. London-based BP added it would continue its disposal programme, putting some smaller fields in the Gulf of Mexico on the block. [...]
It’s time for supporters of the single currency to apologise May 1, 2012 SOME of the stories coming out of the Eurozone are heart-breaking. Greece’s retail sales are down 13 per cent over the past year, a tragic and all too painful collapse for millions of families. Economists sometimes compare the UK’s recession with the great depression: while technically true in various narrow, statistical ways, such a parallel [...]
Mancini mocks Ferguson after City go top April 30, 2012 Blues manager dismisses counterpart as his side regain control of the title race MANCHESTER CITY 1 vs MANCHESTER UNITED 0 MANCHESTER City manager Roberto Mancini laughed off Manchester United counterpart Sir Alex Ferguson’s complaints about his conduct towards the match officials, after they returned to the top of the Premier League for the first time [...]
ANALYSIS: RUN-IN April 30, 2012 Remaining fixtures ● Man Utd: Swansea (h), 6 May Sunderland (a), 13 May ● Man City: Newcastle (a), 6 May QPR (h), 13 May Form: last 10 games ● Man Utd: D, 4-4, Everton (h) 22 Apr W, 4-0, Aston Villa (h) 15 Apr L, 1-0, Wigan (a) 11 Apr W, 2-0, QPR (h) 8 [...]
Podolski: Style of play lured me to Arsenal April 30, 2012 GERMANY forward Lukas Podolski admits Arsenal’s swashbuckling style was a key factor in his decision to join the Gunners next season. Podolski’s widely expected move, in a deal thought to be worth around £10m, was confirmed by both Arsenal and the 26-year-old’s current club FC Cologne yesterday. The versatile attacker’s imminent arrival represents a coup [...]
Roy’s right man, but don’t judge on Euro 2012 April 30, 2012 THE Football Association may have raised a few eyebrows by moving to appoint Roy Hodgson as England manager ahead of Harry Redknapp, but I’m very comfortable with it. As far as motivators go, Redknapp is top of the tree, but the job – especially this role, which incorporates overseeing aspects of England’s technical development from [...]
Rival Redknapp backs Hodgson to succeed as England manager April 30, 2012 TOTTENHAM manager Harry Redknapp believes West Brom counterpart Roy Hodgson will be a success as England manager if, as anticipated, the Football Association appoint him today. Hodgson met with a four-man FA panel, consisting of FA chairman David Bernstein, general secretary Alex Horne, director of football development Trevor Brooking and Club England managing director Adrian [...]
