Raikkonen leaves rivals trailing on comeback February 7, 2012 FORMER world champion Kimi Raikkonen announced his official return to Formula One after a two-year absence yesterday by setting the fastest time on day one of pre-season testing in Jerez. The sport’s regulations meant the 32-year-old, who will drive for Lotus this year, had to wait until yesterday to try out his new team’s 2012 [...]
Millwall edge FA Cup thriller February 7, 2012 FOOTBALL: Millwall are through to the FA Cup fifth round where they will face Bolton at the New Den following a dramatic 3-2 win over Southampton at St Mary’s. The Lions were 2-1 down with 13 minutes left but goals from Dany N’Guessan and Liam Feeney, who struck in injury time, turned the tie on [...]
Parks retires from Scotland duty February 7, 2012 RUGBY UNION: Scotland fly-half Dan Parks announced his retirement from international rugby last night, just five days before the Six Nations clash with Wales. Parks, 33, won his final cap in last Saturday’s defeat against England in which his error resulted in Charlie Hodgson scoring the game’s only try.
Davies and Ferris both cited February 7, 2012 RUGBY UNION: Wales lock Bradley Davies and Ireland flanker Stephen Ferris have been cited after Sunday’s Six Nations clash between the two sides. Davies was yellow-carded for a tip-tackle on Donnacha Ryan, while Ferris received an identical punishment for his tackle on Ian Evans. Both players will appear before an independent Six Nations disciplinary committee [...]
Contador calls ban an injustice February 7, 2012 CYCLING: Spain’s Alberto Contador has described his two-year ban for failing a drugs test as a “terrible injustice”. Contador plans to appeal after being found guilty of doping for testing positive for clenbuterol during the 2010 Tour de France. On Monday he was stripped of his 2010 Tour victory and will miss this year’s event [...]
GlaxoSmithKline announces £5.3bn profits for 2011 February 7, 2012 GlaxoSmithKline (GSK) says it has trebled year-end profits to £5.3bn for 2011, assisted by massive reductions in overheads. The figures were boosted by profits of £1.25bn in the final three months of the year, compared to a loss of £633m in the same period last year. GSK’s revenue declined three per cent even as sales [...]
FTSE flat as $90bn Glencore deal agreed February 7, 2012 The FTSE 100 was flat as further delays to Greek debt restructuring created more confidence sapping uncertainty – but the talk of the market was the agreed $90bn (£56bn) merger of Glencore and Xstrata. After rejecting a proposed new bailout deal which demands strict labour reforms and other austerity steps Greek leaders today meet in [...]
Lloyds set to cut 1,000 jobs February 7, 2012 Lloyds Banking Group has announced plans to cut almost 1,000 jobs as it closes operations across the UK. Around 990 positions are set to go as a result of site closures in LTSB Scunthorpe, LTSB Dudley and HBOS Romford and HBOS Newcastle. The roles will come from within the Group Operations, Group Executive Functions, Risk, [...]
BP raises dividend as profits surge February 7, 2012 BP has raised its dividend to shareholders by 14 per cent for the first time since the Gulf of Mexico spill. Profits for the quarter to the end of December 2011 was $7.6bn (£4.8bn). That compares with $4.6bn for the same period the previous year. BP’s profits fort the whole of 2011 were $23.9bn compared [...]
TUI narrows losses February 7, 2012 TUI Travel, the world’s biggest tour operator, said it had significantly outperformed competitors in Britain during the first quarter, benefiting from the difficulties encountered by struggling rival Thomas Cook. The group, which operates the Thomson and First Choice chains and takes 30m people on holiday each year, said over a third of its summer 2012 [...]
