Jagielka error saves Villa in the draw which neither team wanted April 14, 2010 ASTON VILLA (2) v/s EVERTON (2) AN INJURY-TIME own goal from Phil Jagielka salvaged a point for Aston Villa, although Martin O’Neill’s men lost more ground in the race for fourth place. Victory would have seen Villa leapfrog Liverpool to within five points of fourth-place Manchester City, but Tim Cahill’s headed opener from Leighton Baines’ [...]
Moody’s upgrades South Korea April 14, 2010 South Korea’s credit rating was yesterday upgraded, as the government successfully fulfilled its commitment to slash its debt. Moody’s lifted government bond ratings to A1 with a stable outlook from A2, the first increase since July 2007. “The change has been prompted by Korea’s demonstration of an exceptional level of economic resilience to the global [...]
Cash payments out of fashion April 14, 2010 The Payments Council says cash payments have slumped from 73 per cent to 59 per cent over the past decade with debit card spending quadrupling to £264bn last year. Debit card payments, the most popular form of spending, were used over six billion times in 2009. The cheque continued to decline at an even faster [...]
Northern Petroleum strikes oil April 14, 2010 Northern Petroleum has identified a new oil reserve at Baxters Copse in West Sussex. According to an independent third party auditor, 5.36m worth of undeveloped crude reserves exist at the site. Northern Petroleum, along with joint venture partner Providence Resources, will begin work at Baxters Corpse in 2011.
Barca’s promise not to bid for Cesc April 14, 2010 BARCELONA top brass have promised not to make a summer bid for Arsenal captain Cesc Fabregas, says chairman Peter Hill-Wood. The Spain midfielder is widely expected to return to his old club one day, but Hill-Wood is adamant the Catalans do not want him yet. “There was a private conversation that took place in the [...]
Political uncertainty unnerves consumers April 14, 2010 THE impending general election and the recent Budget have caused British consumers to lose confidence in both the current economic situation and their expectations for the coming year, the Nationwide consumer confidence survey will show today. According to the monthly report, the overall index fell by nine points to 72 last month from 81 in [...]
Usmanov ups his stake in Arsenal April 14, 2010 ALISHER Usmanov, Arsenal’s second largest shareholder, has spent almost £390,000 on upping his stake amid fresh speculation about the club’s future. The Russian steel magnate bought 37 shares at £10,500 each to increase his shareholding from 26.29 per cent to 26.31 per cent. It moves him closer to the 30 per cent threshold that would [...]
Fresnillo produces record gold output in the first quarter April 14, 2010 MEXICAN precious metals miner Fresnillo posted record first quarter gold output after the launch of its new Soledad-Dipolos mine, the first leg of an expansion that will also boost its silver production by up to 70 per cent by 2018. London-listed Fresnillo, the world’s largest primary silver producer, is focusing on organic growth after finding [...]
CITY VIEWS: HAS YOUR CONFIDENCE IN THE ECONOMY IMPROVED? April 14, 2010 CHRIS DIAMOND | SKYPE “Yes, I’d say so. I feel the economy is rebounding and I’m spending more money than I would have a few months ago. My spending habits have increased on necessary purchases such as groceries, but for now, luxury items have been put on hold.” MARK DUFF | TRISYSTEMS “I don’t think [...]
Eurozone gets production boost April 14, 2010 Eurozone industrial output rose much more than expected in February, data showed yesterday, highlighting the manufacturing sector’s strong role in economic recovery. Industrial production in the 16-country bloc increased 0.9 per cent from January, the European Union statistics office Eurostat said. Output rose 4.1 per cent year-on-year, the biggest jump since April 2008. Analysts had [...]
