VW sales drive forward April 13, 2012 Volkswagen, Europe’s biggest automaker, said group sales posted record gains in the first quarter thanks to increased demand from North America, Russia, and China. Total sales in March rose 12.5 per cent to a record 862,700. Sales of brands including luxury division Audi and Czech mass market manufacturer Skoda increased 9.6 per cent in the [...]
Daisy to buy Wordlwide for £28m April 13, 2012 The FTSE 100 edged down in early trading as investors digested data showing a slowdown of growth in China’s economy. Official figures released overnight showed that China’s economy grew at its slowest rate in almost three years. Gross domestic product increased by a rate of 8.1 per cent in the first quarter, down from 8.9 [...]
FTSE down as China growth slows April 13, 2012 The FTSE 100 edged down in early trading as investors digested data showing a slowdown of growth in China’s economy. Official figures released overnight showed that China’s economy grew at its slowest rate in almost three years. Gross domestic product increased by a rate of 8.1 per cent in the first quarter, down from 8.9 [...]
Factory gate inflation eases April 13, 2012 Factory gate inflation eased to a two-year low in March, official data showed on Friday, supporting hopes that price pressures are falling back as the Bank of England predicts. However, output and input price inflation slowed less than analysts had forecast, highlighting the risks to the central bank’s prediction that consumer price inflation will fall [...]
Paperwork on Glencore deal for Xstrata is delayed April 13, 2012 Documentation relating to commodities trader Glencore’s agreed $37bn bid for miner Xstrata will be sent to shareholders later than p previously anticipated, the companies said in a statement. Paperwork relating to the merger is now anticipated to be distributed to each company’s shareholders by the end of May 2012 instead of in April as originally [...]
John Lewis reports “stunning” Easter week April 13, 2012 Britain’s biggest department store chain John Lewis said it enjoyed a “stunning” week’s trade in the seven days to Easter Saturday as poor weather made shopping an attractive pursuit. The employee-owned retailer said on Friday its sales jumped 27.5 per cent year-on-year to £66.7m in the week to 7 April. “In comparison with the Good [...]
China growth rate drops in first quarter April 13, 2012 China’s economy grew at its slowest rate in almost three years. Gross domestic product increased by a rate of 8.1 per cent in the first quarter, down from 8.9 per cent in the previous three months.
Government wrong to demonise generous philanthropists April 13, 2012 IT has become increasingly difficult to understand what the coalition government is up to. Take its decision to demonise those who donate large amounts to charity, depicting them in a grossly unfair manner as tax avoiders who should be ashamed of themselves. This is an astonishingly stupid and nasty thing to imply. The government claims [...]
Daglish given Liverpool backing as Comolli axed April 12, 2012 UNDER-FIRE Liverpool manager Kenny Dalglish has been given a ringing endorsement by the club’s American owners and backed to stay in charge beyond the summer, after the axe fell on director of football Damien Comolli yesterday. Dalglish’s position has come under increasing pressure following the Reds’ worst run for 59 years and amid criticism of [...]
Lancaster honeymoon over as Farrell snubs England position April 12, 2012 ENGLAND head coach Stuart Lancaster has suffered the first major blow of his fledging tenure after Saracens’ Andy Farrell rejected the opportunity to join his staff on a permanent basis. Farrell, an integral part of the interim coaching team that steered England to second place in the Six Nations last month, insists he has unfinished [...]
