Tail put Aussies in charge July 15, 2010 CRICKET: Resilient knocks from tail-enders Doug Bollinger (56no) and Tim Payne (47) handed Pakistan a daunting victory target of 440 to win the first Test at Lord’s. The Aussies were left reeling on 208-8 at one stage before the pair took them to 334, despite Umar Gul’s 4-61. Pakistan ended the day on 114-1.
Rossi back for German GP July 15, 2010 MOTOGP: Valentino Rossi will make a shock comeback at this weekend’s German Grand Prix – less than six weeks after fracturing his right shin. The Italian seven-time champion was expected to be out for up to six months after suffering the injury at Mugello on 5 June. Rossi’s Fiat Yamaha team confirmed: “He was examined [...]
Sheridan on road to recovery July 15, 2010 RUGBY UNION: Sale and England prop Andrew Sheridan will make his long-awaited return from injury next month after nine months out with a dislocated shoulder. The 30-year-old underwent two operations to repair damage on both shoulders following a challenge playing for the Sharks against Cardiff Blues last October.
Temple Meads looks Super bet for Newbury’s Sprint July 15, 2010 RICHARD Hannon has had a season to remember and he will be going for an unprecedented eighth win in tomorrow’s Weatherbys Super Sprint at Newbury (3.20pm). He has entered six this year and the pick of those looks to be Ryan Moore’s mount Reckless Reward. The son of Choisir finished an excellent second in the [...]
JP Morgan profit rises by 76 per cent July 15, 2010 JP Morgan has reported a 76 per cent rise in net profit – fuelled by a reduction in loan loss reserves. The group said profit for the quarter rose to $4.8bn (£3.1bn) or $1.09 a share, from $2.72bn, or 28 cents a share, a year earlier. Meanwhile total revenue fell by two per cent to [...]
Carlyle Group in $3.8bn deal for NBTY July 15, 2010 PRIVATE equity company The Carlyle Group has agreed to buy vitamin maker NBTY for $3.8bn (£2.4bn). NBTY said Carlyle will acquire all of NBTY’s outstanding shares for $55 per share, a 47 per cent premium above the stock’s closing price of $37.47 on Wednesday. The deal is expected to close by the end of the [...]
BP admits lobbying over Lockerbie bomber release July 15, 2010 BP has admitted that it had lobbied the government in late 2007 over a prisoner transfer agreement for the man convicted of the Lockerbie bomber with Libya over fears it would hold up a drilling deal. “BP told the UK government that we were concerned about the slow progress that was being made in concluding [...]
Nippon Telegraph in £2bn swoop for Dimension Data July 15, 2010 NIPPON Telegraph and Telephone Corp said it will buy South African IT firm Dimension Data for up to £2.12bn in a bid to expand into overseas markets, including in fast-growing Africa. Japan’s top telecoms operator plans to launch a tender offer for all outstanding shares in Dimension Data. The South African firm provides IT-related services [...]
China growth slows July 15, 2010 THE pace of growth in China slowed in the second quarter, official figures show. China’s economy grew by 10.3 per cent in the April to June quarter – below the 11.9 per cent growth rate during the first quarter of the year. The government has introduced a range of measures to cool down the economy. [...]
Glaxo facing £1.5bn legal bill over diabetes drug July 15, 2010 GlaxoSmithKline expects to record a legal charge of £1.57bn for the second quarter after settling the “substantial majority” of claims relating to its diabetes pill Avandia. The drugmaker said the charge would cover not only settlements for Avandia but also other long-standing legal cases, including an investigation into its former factory at Cidra in Puerto [...]
