Ten-man United earn comeback point February 10, 2010 MANCHESTER United manager Sir Alex Ferguson toasted a point gained rather than two dropped after his 10-man side came from behind to draw at Villa Park. Chelsea’s slip at Everton allowed United the chance to go top but they too struggled against feisty opponents, who led through Carlos Cuellar. Ferguson’s men hit back with a [...]
Savile quits Air Partner role February 10, 2010 DAVID Savile, the chief executive of aviation services provider Air Partner, yesterday denied rumours that he will replace Andy Harrison as Easyjet’s chief executive when the latter steps down in June. Air Partner announced yesterday that Savile will leave at the end of March. Mike Stoddart, an analyst at Daniel Stewart, said yesterday that he [...]
Wolves gore toothless Tottenham February 10, 2010 BOSS Harry Redknapp lashed out after his lacklustre Spurs side were beaten for a second time this season by lowly Wolves. David Jones gave Mick McCarthy’s strugglers a first-half lead, but Spurs, looking to return to the top four, had no response and failed to register a single shot on goal in the second half. [...]
ArcelorMittal is back in profit after a dire year for the world’s steel markets February 10, 2010 ARCELORMITTAL recorded a $1.07 bn (£684 m) profit in the fourth quarter of 2009 on the back of improved steel demand. The results are a significant turnaround from the same period last year when the steelmaker reported a $2.6bn loss. But the company’s profit for the year was $118m, a large drop from the $9.4bn [...]
Google to trial high speed network in United States February 10, 2010 GOOGLE said yesterday it would build a super high-speed broadband network for up to half a million people around the United States in order to experiment with the possibilities of a network running at 100 times current speeds. The company has long argued that it can sell more Web ads – the way it makes [...]
Chi-X moves up European equities market rankings February 10, 2010 CHI-X Europe became the third-largest European equities market by value traded in January, leading exchanges such as Deutsche Boerse for the first time. Trading levels for European equities on the electronic order book of the London-based platform, known as a multilateral trading facility, were valued at €109bn (£96bn) during January, according to figures released yesterday [...]
Hammers hand boss Zola timely boost February 10, 2010 WEST HAM clambered out of the relegation zone and eased the pressure on manager Gianfranco Zola with their first win of 2010. Alessandro Diamanti put the Hammers in front with an exquisite free-kick just before half-time and Carlton Cole wrapped up victory with a close range header midway through the second half. West Ham’s triumph [...]
Two offers push Portsmouth survival bid into extra time February 10, 2010 PORTSMOUTH pulled off their most significant victory of the season yesterday when they succeeded in obtaining an extra seven days to fight a winding-up order. The Premier League’s bottom club, who have debts of around £60m, were granted more time to prove they can afford to pay creditors at a hearing at the High Court. [...]
Rio workers indicted by the Chinese February 10, 2010 CHINA has indicted four employees of Anglo-Australian mining giant Rio Tinto on charges of bribery and stealing business secrets, setting the stage for a trial in the case that has jangled investor nerves. The four who are set to stand trial in Shanghai include Australian citizen Stern Hu, state news agency Xinhua said yesterday. If [...]
ANALYST VIEWS: IS BHP’S DECISION TO INCREASE CAPITAL SPENDING A SURPRISE? February 10, 2010 IVOR PETHER | ROYAL LONDON ASSET MANAGEMENT Xstrata emphasised its capital spending projects yesterday so BHP are just continuing the theme. However its joint venture with Rio has been delayed. Overall it is a good set of results although the debt level is higher than expected. The main base metals and petroleums divisions improved substantially. [...]
