FTSE up as Spanish debt fears ease April 19, 2012 The FTSE 100 edged up this morning but trading was light as investors digested the results of a Spanish debt auction. Spain’s 10-year government bond yield surged above six per cent earlier this week, raising fears it may have to seek an international bailout. But this morning’s auction saw 10-year bonds sold at a yield [...]
Ford to invest $760m in China plant April 19, 2012 Ford is investing $760m to build a new plant in eastern China as part of its effort to catch up with U.S. rival General Motors Co in the world’s largest auto market. Ford said the new plant in Hangzhou in Zhejiang province will initially boost the US automaker’s annual capacity in China by 250,000 vehicles [...]
Debenhams profit rises April 19, 2012 Debenhams reported a 1.4 per cent rise in profit to £127.1m for the six months to 3 March.
Persimmon in strong start to 2012 April 19, 2012 British housebuilder Persimmon said it had made a good start to 2012 with both visitor levels and orders up on last year, boosted in part by a new government mortgage scheme. The group, which in February cheered shareholders with a promise to return 1.9 billion pounds of surplus cash to them over the next decade, [...]
BA fined £58m over price fixing case April 19, 2012 Britain’s Office of Fair Trading said it had fined British Airways £58.5m for price fixing in relation to fuel surcharges, imposing a penalty that is less than half that agreed in August 2007. The case against British Airways, which colluded with rival Virgin Atlantic in pricing surcharges on long-haul flights, has been a long and [...]
Di Matteo: Life in old Drog yet April 18, 2012 CHAMPIONS LEAGUE CHELSEA 1 vs BARCELONA 0 CHELSEA manager Roberto di Matteo hailed his evergreen stars last night after Didier Drogba again defied his advancing years to defeat Barcelona and put the Blues in touching distance of an unlikely place in the Champions League final. Drogba capped a swift counter-attack with a clinical finish in [...]
Grenades fired as violence hits Bahrain Grand Prix preparations April 18, 2012 BAHRAIN’S hopes of staging this week’s Formula One Grand Prix without disruption were hit when violent clashes erupted at an event to mark the race yesterday. Security forces fired stun grenades at anti-government protesters at a cultural exhibition in the capital Manama, forcing people to scurry for cover. Demonstrators expressed their anger at the race, [...]
Ex-Wallabies star Lynagh suffers stroke April 18, 2012 FORMER Australia and Saracens fly-half Michael Lynagh was last night recovering in a Brisbane hospital after suffering a suspected stroke. The 48-year-old, who was part of the 1991 Rugby World Cup-winning Wallabies team, is thought to be in intensive care and undergoing tests. Lynagh, who won 72 caps and remains Australia’s record points scorer with [...]
EXPERT VIEW WHAT DO YOU THINK OF MOTTO “INSPIRE A GENERATION”? April 18, 2012 It sums up what they [London 2012 organisers] have been talking about in terms of the legacy factor – and, I suppose in some form or another, the disquiet people are beginning to have about the amount of money being spent and how it’s all being thrown at London and not trickling out to the [...]
Red Arrows to launch Games April 18, 2012 THE RED Arrows will fly across Britain on the day of the London 2012 opening ceremony to symbolically link key sites, Olympics organisers confirmed yesterday. The aerobatic team is to perform a nine-ship display over official live sites in Belfast, Cardiff, Edinburgh and the capital as a curtain-raiser to the Games, which begin on 27 [...]
