European shares at a 6-week low July 5, 2010 EUROPEAN shares fell to their lowest close in nearly six weeks yesterday, with miners weaker on a gloomier economic outlook and volumes thin as Wall Street was closed for the Independence Day holiday. A rise for BP helped stem losses for major indexes. The pan-European FTSEurofirst 300 index of top shares fell 0.3 per cent [...]
Doing well can be the best way to do good July 5, 2010 Dambisa Moyo, author of Dead Aid: Why Aid is Not Working and How There is a Better Way For Africa, and I met for breakfast recently. Dead Aid argues that aid to Africa is hurting Africa and should be phased out. It became a New York Times bestseller. She reminded me of one of the [...]
Bunzl takes the plunge to buy Belgian cleaning firm July 5, 2010 aDISTRIBUTION group Bunzl has continued its expansion plan by buying Global Net, a Belgian cleaning company, for an undisclosed sum yesterday. The bolt-on acquisition takes revenues gained from recent takeovers past £100m, adding to five purchases across Europe and the Middle East that boosted trading figures in the first half of the year. Global Net’s [...]
Spyker makes final payment for Saab July 5, 2010 DUTCH carmaker Spyker Cars has used internal funding rather than external debt to pay General Motors the final £15.9m purchase price for Sweden’s Saab, ending concern over how it would foot the bill. Niche carmaker Spyker, which has never made a profit, took over the larger Saab from GM earlier this year and is now [...]
Superdrug reduces losses by cutting costs and keeping focus on local offers July 5, 2010 HIGH Street retailer Superdrug has reported a pre-tax loss of £243,000 for the year to December 2009, against a loss the year before of £7.4m. The firm has pulled its operating profits out of the red to report a £6m gain, compared to a loss of £2.4m last year. Sales were broadly flat at £1.1bn, [...]
Linesman sad at goal gaffe July 5, 2010 THE URUGUAYAN linesman who denied Frank Lampard a legitimate goal against Germany has told England fans: Life goes on. Mauricio Espinosa infamously failed to notice that Lampard’s strike had bounced well over the line during England’s 4-1 second round defeat. The official admits he was wrong-footed by the pace of the shot, which would have [...]
Holland are still entertainers, insists coach Van Marwijk July 5, 2010 URUGUAY vs HOLLAND Tonight, ITV1, ko 7.30pm HOLLAND coach Bert van Marwijk insists his team have not renounced their entertaining ways just because they have learned how to defend. Marwijk has transformed the Dutch from freewheeling underachievers into a ruthless results machine that now stands just two matches from a historic first World Cup triumph. [...]
WORLD CUP NEWS | IN BRIEF July 5, 2010 Torres unsure of starting place LIVERPOOL striker Fernando Torres admits he is not sure of his place in Spain’s starting line-up for tomorrow’s crunch semi-final with Germany. Torres has so far failed to find the net in a poor World Cup by his own standards, and is tipped by some to be replaced by either [...]
Nadal backed for US glory July 5, 2010 LEGEND John McEnroe believes Rafael Nadal is ready to complete a career Grand Slam by scooping his first US Open. Nadal claimed his second Wimbledon title on Sunday, to add to his one Australian Open title and five triumphs at the French Open. He is yet to reign at Flushing Meadows, but having recovered from [...]
Hamilton and Button tension could boil over, warns Hill July 5, 2010 THE friendly rivalry between McLaren team-mates Lewis Hamilton and Jenson Button could “boil over” at this weekend’s British Grand Prix, according to Damon Hill. Hamilton and Button stand first and second in the drivers’ championship with two wins apiece and will be desperate for victory in front of their home crowd at Silverstone. And Hill, [...]
