Khan made to wait by Peterson January 26, 2012 BOXING: A deal between Amir Khan and Lamont Peterson over a rematch is still to be agreed with the US boxer choosing to wait until an appeal over a demand for a new fight is concluded. A spokesman for Peterson said: “Right now our efforts are focused on the appeal to the World Boxing Association. [...]
No conflict of interest for Farrell January 26, 2012 RUGBY UNION: Andy Farrell will put family ties aside in helping to decide if son Owen makes his first England start in next week’s Six Nations opener against Scotland. Farrell Sr, assistant to interim coach Stuart Lancaster in the England set-up, will have a say on whether his 20-year-old son wins a first international cap. [...]
Anglo lifted by copper as diamonds dip January 26, 2012 MINING giant Anglo American yesterday posted a rise in quarterly output for its key commodities, but a dip in its diamond production, which was hit by weaker prices. The FTSE 100 company said iron ore was up five per cent at 12.4m tonnes – fuelled by the $1bn (£636m) Kolomela mine, which reaped rewards ahead [...]
London 2012 IMAGE OF THE WEEK January 26, 2012 TEST EVENT | THE LAB The London Organising Committee of the Olympic and Paralympic Games (LOCOG), laboratory service providers GlaxoSmithKline (GSK) and laboratory operators King’s College London unveil the anti-doping lab that will operate during the Games, based in Harlow, Essex. Between now and the start of the Olympics, City A.M. is publishing its Olympic [...]
ANALYST VIEWS: HOW STRONG ARE ANGLO’S PRODUCTION RESULTS? January 26, 2012 TIM DUDLEY | COLLINS STEWART The major trend you have seen across the majors has been increasing iron ore production – it is where the margins are – and they (Anglo) are following suit with that. Another positive was (metallurgical) coal which has also got strong margins. That should help offset weakness in platinum. DOMINIC [...]
CITY MOVES | WHO’S SWITCHING JOBS January 26, 2012 AXA Deborah Shire has been appointed as global head of business development at Axa Real Estate Investment Managers. Shire will join the AXA Real Estate management board and will report directly to CEO Pierre Vaquier. Shire is promoted from deputy head of structured finance at AXA Investment Managers, which she joined in 1998 as a [...]
BEST OF THE BROKERS January 26, 2012 CHEMRING Credit Suisse has downgraded the arms and defence group to “neutral” from “outperform” and lowered its target price to 420p from 460p, as well as reducing its 2012 earnings estimates by 15 per cent. The broker sees the firm as being in a “new norm” where growth is much weaker and order timing unpredictable, [...]
FTSE closes up on US Fed’s growth plans January 26, 2012 BRITAIN’S blue-chip index rose 1.3 per cent yesterday after the US Federal Reserve pledged to support economic growth, boosting miners and other cyclicals stocks and setting the index on course for another week of gains. The FTSE 100 rose 72.20 points to 5,795.20, although the index failed to close above a key technical resistance at [...]
Wall Street’s rally starts to lose steam January 26, 2012 A month-long rally on Wall Street appears to be sputtering as stocks slipped yesterday in what investors called a possible warning of weakness ahead. Weaker-than-expected home sales figures and a group of mixed earnings reports tempered the market’s recent buying interest. The Dow Jones industrial average was down 22.33 points, or 0.18 per cent, at [...]
Free Cities: How countries worldwide are unleashing new economic prosperity January 26, 2012 AN ASTONISHING 3.3bn people will move from the countryside to live in cities over the next forty years. How will we handle that influx? By installing better legal systems worldwide. Legal institutions determine whether nations are rich or poor. Think of East and West Germany and North and South Korea, two controlled experiments in which [...]
