WINNERS & LOSERS September 26, 2010 A WEEKEND is a long time in sport – as this lot will attest. But while for some it was one to remember, others may wish they had never set foot out of the house. Here are this weekend’s heroes and villains. WINNER AVRAM GRANT Grant’s job is looking safer by the match after he put [...]
Louis Dreyfus in merger talks with Olam September 24, 2010 Louis Dreyfus, one of the world’s top commodity firms, is in merger talks with smaller rival Olam International in what could extend Dreyfus’ global reach and open up its closely held family ownership. Olam confirmed on Friday it was in talks with Louis Dreyfus over possible cooperation, with a merger among the options, news that [...]
Euromoney predicts record profit September 24, 2010 Financial information group Euromoney said it expected to make record pretax profit this financial year after advertising and delegate numbers to its events recovered, lifting its shares on Friday. The first of the professional publishing and events groups to report this quarter, Euromoney said growth in subscription revenues had also picked up and it expected [...]
BHP clears first hurdle in Potash takeover bid September 24, 2010 BHP Billiton cleared the first regulatory hurdle in its bid for Canada’s Potash but the miner still has a long way to go to pass the deal with Canadian authorities and the target’s shareholders. BHP, the world’s largest mining company, said it received antitrust clearance from the US Federal Trade Commission to proceed with its [...]
Banks break-up still on agenda says ICB September 24, 2010 Britain’s banks will be subject to a wide-ranging probe that will examine the possible break-up of retail and investment banks and ways to boost competition, although no single option is favoured at present. The Independent Commission on Banking (ICB) was appointed three months ago by the government to assess the structure of the industry in [...]
Petrobras raises $70bn in record share offering September 24, 2010 Brazilian state oil company Petrobras raised $70bn (£44bn) on Thursday in the world’s biggest share offering, giving the company the financial muscle it needs to tap vast offshore oil reserves. The cash will help fund the world’s largest oil exploration plan, which at $224bn for the 2010-2014 period aims to turn Brazil into a major [...]
The City boys offering a cut above | City A.M. September 24, 2010 IF YOU can find it in the medieval maze between Lombard Street and Cornhill, tailoring shop Cad & the Dandy is a delightful place to get yourself togged up. It mixes old-fashioned charm – an antique mahogany cutting table, an old leather sofa for those waiting to be measured up, a Union Jack across one [...]
Monty’s back as England set sights on Ashes glory September 23, 2010 MONTY PANESAR will look to become England’s lucky charm again this winter after earning a recall to the squadfor the Ashes series in Australia. The left-arm spinner hasn’t played for England since his batting heroics with James Anderson to help save the first Test of the 2009 Ashes series in Cardiff. Panesar is joined in [...]
Brit teams head to India September 23, 2010 TEAM ENGLAND last night gave the Commonwealth Games a timely shot in the arm by announcing they will stick to their plan of competing in the troubled event despite lingering concerns over facilities. Chiefs from the 17 member sports of Commonwealth Games England (CGE) unanimously agreed to compete in Delhi, albeit without a handful of [...]
Apologise or we’ll sue, ECB tell Butt September 23, 2010 ACCUSED England players have formally demanded a “full and unreserved” apology from Pakistan Cricket Board chairman Ijaz Butt after he alleged they were involved in match fixing. Butt sparked outrage in the England dressing room after suggesting the players took money to lose the third one-day international at the Oval last Friday. Despite calls for [...]
