Polo stars turn out in force for deprived kids June 28, 2012 POLO stars have raised more than £100,000 for the Laureus Sport for Good Foundation Argentina following a weekend event at the Guards Polo Club in Windsor. The players were enthusiastic as was the support from the celebrity-filled stands, with the likes of rugby’s Sean Fitzpatrick and Boris Becker in attendance. And the victory seemed to [...]
LONDON 2012 IMAGE OF THE WEEK June 28, 2012 ON WEDNESDAY, giant Olympic rings were lowered into place beneath Tower Bridge’s walkways, signalling one month to go until the Games begin. Measuring 25 metres wide and 11.5 metres tall, the rings will remain in place throughout London 2012. They will also form the centrepiece of a lightshow, using the bridge’s newly-installed lighting system, which [...]
Spanish buses boost National Express sales June 28, 2012 NATIONAL Express reassured shareholders that its Spanish bus business is still growing yesterday, but added that its UK coach division has been dented by the cut in subsidies for OAP passengers. Just a week after the firm took investors on a trip to Madrid to demonstrate its resilience in the Eurozone nation, National Express said [...]
Five years old: iPhone hits the grand old age June 28, 2012 CELEBRATING its fifth birthday today, the world’s most iconic smartphone continues to dominate its rivals according to data from Ipsos MORI. Revealed to the world by Steve Jobs in January 2007, the first iPhone was scanned through the till on 29 June of the same year. British fans of Apple will be able to celebrate [...]
Vodafone snaps up new Europe boss from rival group T-Mobile June 28, 2012 PHILIPP Humm, who quit the top job at T-Mobile USA on Wednesday, said yesterday he would become chief executive of northern and central Europe for Vodafone from 1 October. Humm joins Vodafone from his role as president and chief executive of Deutsche Telekom’s T-Mobile USA to oversee the British firm’s presence in such markets as [...]
American Greetings hurt by Clinton June 28, 2012 US card firm American Greetings yesterday reported a 78 per cent drop in first-quarter earnings, hurt by costs related to bailing Clinton Cards out of administration. Clinton Cards collapsed last month after it could not repay a £35m loan to its biggest supplier American Greetings. The Ohio-based company then bought the troubled chain for $37m, [...]
Morgan Sindall says it is on track June 28, 2012 Morgan Sindall said yesterday it remained on track to meet its full-year expectations but warned that tough market conditions had continued to squeeze its margins as companies compete for a shrinking pile of construction work. In a trading update for the first half of the year, the construction group said its financial position “remains sound” [...]
Olympus insists brand will remain June 28, 2012 An Olympus executive said yesterday at the firm’s annual meeting that despite ongoing talks for a capital tie-up with several firms, it would maintain an independent brand. “We understand we need to consider an increase in capital as one of our key management issues. The main premise is to fully preserve our Olympus brand,” Yasuo [...]
Pension black hole gets bigger at FTSE 250 firms in spite of funding June 28, 2012 THE PENSION deficit black hole within FTSE 250 firms more than doubled last year, according to research released yesterday. Figures from JLT Pension Capital Strategies showed that schemes are £11bn short overall, compared to a total deficit of £5bn last year. The surge came despite firms piling £1.5bn into funding deficits over the last year, [...]
US consumer spending growth slows but economy is in line June 28, 2012 THE US economy’s growth slowed as expected in the first quarter, but a less robust pace of consumer spending and export growth than previously estimated could dampen the economic outlook for the current period. American GDP increased at a 1.9 per cent annual rate, the US Commerce Department said in its final reading yesterday, unchanged [...]
