Cottagers should be no match for in-form Spurs November 3, 2011 IT hasn’t been an easy week for Tottenham with manager Harry Redknapp undergoing minor heart surgery, but the operation seems to have been a success and nothing will please him more than a win at Fulham on Sunday. Spurs have been superb lately, scoring at least twice in seven straight league fixtures, with six victories [...]
Top class Union Rags looks best Breeders’ Cup bet in Juvenile November 3, 2011 THE curtain comes down on another flat season at Doncaster tomorrow and I’m prepared to give old friend ZUIDER ZEE one more chance in the November Handicap (3.10pm) at 12/1 with Ladbrokes. John Gosden’s four-year-old may not be brilliantly handicapped but he is ultra-consistent, has won over course and distance and gets his ideal ground. [...]
US factory orders up but service sector growth slows November 3, 2011 US service sector activity growth eased in October to its slowest level in three months, but new orders for good from factories unexpectedly rose, suggesting economic growth remains patchy. In other U.S. data reported on Thursday, new claims for unemployment benefits fell below 400,000 last week for the first time in five weeks, suggesting a [...]
Greek PM to scrap referendum November 3, 2011 Greece’s Prime Minister has said that the referendum on the the Eurozone bailout plan will no longer go ahead – and it was never his intention for it to happen. “The referendum was never an end in itself,” George Papandreou told the cabinet according to statements released by his office and reported by Sky News. [...]
ECB cuts rates in surprise move November 3, 2011 The European Central Bank cut interest rates by a quarter point to 1.25 per cent in a surprise move on Thursday, acting boldly to support the ailing euro zone economy at President Mario Draghi’s first policy meeting in charge. The move gave an immediate boost to stock markets, which will be looking for any signal [...]
FTSE weak as investors eye G20 November 3, 2011 The FTSE 100 tracked falls in Asia as leaders of the world’s biggest economies gathered in France for a G20 summit set to be dominated by the threat of Greece falling out of the Eurozone. The leaders of France and Germany, angered at Greece’s shock move to call a referendum on its latest bail-out plan [...]
Service sector growth slows November 3, 2011 Britain’s dominant service sector grew at a far slower pace than expected last month despite firms cutting prices to drum up business, adding to signs that the country may slip back into recession, a survey showed. The Markit/CIPS Purchasing Managers’ Index (PMI) for the service sector slumped to 51.3 in October from 52.9, falling short [...]
Man Group sees fewer clients pulling funds November 3, 2011 Man Group , the world’s largest listed hedge fund manager, saw clients pull out cash at a slower pace in October than September, raising hopes it may be able to staunch exits of client cash despite the euro zone’s deepening debt crisis. Man said its assets under management fell by $1bn (£626m) to $63.5bn during [...]
BT profits rise as broadband delivers November 3, 2011 BT confirmed its full-year growth targets as strength in broadband and Global Services enabled it to post better than expected core profits and sales in the second quarter. The firm said it had grown cash flow, profits and underlying revenue after cutting yet more costs. BT, which competes with Virgin Media and TalkTalk and sells [...]
Aviva life sales dented by Europe crisis November 3, 2011 British insurer Aviva said its life insurance sales fell in the first nine months of the year, reflecting tough conditions in its key European markets and a decision to walk away from less profitable business. Aviva, Britain’s second-biggest insurer, had life insurance sales of £23.6bn in the nine months to 30 September, down eight per [...]