Broad’s men in Twenty20 blow February 6, 2013 ENGLAND cricketer Michael Lumb insists they will not underestimate New Zealand after suffering defeat in their final warm-up match for the Twenty20 series. Jos Buttler and Eoin Morgan both hit half-centuries as England reached 170-5, but captain Stuart Broad’s 3-24 could not prevent a New Zealand XI claiming a three-wicket win off the final ball. [...]
I was right to quit Sky, says Cav February 6, 2013 CYCLING: Britain’s Mark Cavendish says his instant success at new team Omega Pharma-QuickStep has justified his decision to quit Team Sky. Cavendish took the overall lead in the Tour of Qatar yesterday with his second successive stage win – his third in a month with his new outfit. “I am really, really happy here right [...]
Strachan off to winning start February 6, 2013 FOOTBALL: New Scotland manager Gordon Strachan enjoyed a winning start to his reign last night after Charlie Mulgrew’s first-half strike earned a 1-0 friendly victory over Estonia. Tottenham’s Gareth Bale carried his club form onto the international stage with a goal and an assist as Wales beat Austria 2-1. Republic of Ireland beat Poland 2-0 [...]
Allardyce fined for cup comments February 6, 2013 FOOTBALL: West Ham boss Sam Allardyce has been fined £8,000 by the Football Association for his criticism of officials in last month’s FA Cup third-round defeat at Manchester United. Allardyce was angered at being refused a penalty and said: “You see it time and time again at Old Trafford.”
ENRC soars as output jumps in strong year February 6, 2013 EURASIAN Natural Resources (ENRC) shares soared yesterday as investors cheered the miner’s latest output report. In its ferroalloys division, ENRC produced 6.8 per cent more ferrochrome in the fourth quarter of 2012 than the previous year, and reported an 8.9 per cent jump in the amount of total saleable ferroalloys output in what chief executive [...]
Total partners with Cyprus in oil search as it divests gas unit February 6, 2013 FRENCH oil major Total said yesterday it had signed a deal with Cyprus to search for offshore oil and gas, as the Mediterranean nation hopes to become an energy hub. Signing a production sharing agreement yesterday with the third energy major this year, Cyprus hopes for a windfall from hydrocarbons beneath the seabed in a [...]
Victoria Oil & Gas raises £23.5m to fund Cameroon gas venture February 6, 2013 SHARES in explorer Victoria Oil & Gas plummeted yesterday, as it announced that it had raised £23.5m in an oversubscribed share placing. Victoria Oil & Gas, which has assets in Cameroon, will use the funds to finance the roll-out of its downstream strategy at its gas project in the central African country, in which it [...]
Ruspetro sinks as it postpones bond offering February 6, 2013 SHARES in Siberia-focused oil and gas explorer Ruspetro plunged yesterday as it said it would postpone its senior secured note offering. Ruspetro said it would consider the bond sale at a later date. It gave no reason for the delay. The proceeds from the placing were intented to replace Ruspetro’s existing debt facility with Sberbank, [...]
ArcelorMittal suffers a loss February 6, 2013 ARCELORMITTAL, the world’s largest steelmaker, forecast improving demand and earnings this year, after a wretched 2012 in which sliding European consumption and a Chinese slowdown drove it to a deep net loss. The group posted a net loss of $3.73bn (£2.38bn) for the year, mostly due to a massive writedown on its European business. ArcelorMittal said [...]
Rothschild calls for Bumi head February 6, 2013 In the latest development in the bitter Bumi divorce, co-founder Nat Rothschild yesterday called on the miner’s chief executive Nick Von Schirnding to step down over claims that he misled the company and shareholders over alleged irregularities on his CV. Bumi has said that the accusations are “false”, and that Von Schirnding was hired for [...]
