Antofagasta earnings jump on gold price and copper boost May 17, 2012 CHILEAN miner Antofagasta said yesterday that its earnings rose 35 per cent in the three months to 31 March with a rise in the gold price and increased copper production contributing. Earnings before interest, tax, depreciation and amortisation (Ebitda), were just over $1bn (£632m) compared with $812m the year before. Gold production volumes in the [...]
Premier Oil trading in line May 17, 2012 Premier Oil yesterday reported that production averaged 56,100 boepd (barrels of oil equivalent per day) during the first four months of the year – in line with trading forecasts. In a trading update the company said that it has been producing 62,700 boepd over the last four weeks. In the statement covering the period from [...]
Salamander hitting targets May 17, 2012 Oil explorer Salamander said yesterday it was hitting its production targets. In an interim management statement for the period from 1 January to 16 May, it said its production for the four months up to the end of April averaged 10,308 boepd (barrels of oil equivalent per day). The company said it would keep its [...]
Yule Catto sticks to forecast May 17, 2012 Chemicals company Yule Catto yesterday reported solid trading despite tough markets. The firm, which sees half of its profit generated in the Eurozone, said net debt at the end of April was £171m. The trading update covering the period from 1 January said: “The environment remains both challenging and volatile. Against this background, expectations for [...]
Like avian flu Eurozone contagion could be on us before we know it May 17, 2012 ON THURSDAY we finally saw what contagion could look like. After large deposit withdrawals from Greek lenders earlier this week, Spanish newspapers reported that one of Spain’s banks was facing similar problems, although it later denied this. Contagion was only meant to happen when Greece actually left – or was kicked out – of the [...]
Character matters today more than ever – but in business it always has May 17, 2012 DOES Britain need to reform its character? According to a new centre being formed at the University of Birmingham, and launched this week at the House of Lords, emphatically so. The Jubilee Centre of Character and Values, funded by the John Templeton Foundation, has a mission of developing character in our schools and in our [...]
Facebook shows how university is a startup’s friend May 17, 2012 MARK Zuckerberg could be forgiven for thinking that dropping out of Harvard to develop Facebook was the best decision of his life, when he’s in line for a windfall of more than £11bn today. But this success is a smokescreen. A degree is often the best way to prepare someone for a future of entrepreneurial [...]
Is GM’s decision to build the Astra in Britain a signal that UK manufacturing is reviving? May 17, 2012 YES David Crow Vince Cable was yesterday trying to take all the credit for GM’s decision to continue building the Vauxhall Astra at the Ellesmere Port plant in Cheshire. But the truth is that Vauxhall workers secured their own destiny during the last downturn, when the labour force responded with remarkable flexibility to a sharp [...]
RAPID RESPONSES May 17, 2012 Structural freedom [Re: Personal choice is the only measure that matters, Wednesday] We have to do more than just make the intellectual case for personal choice in our lifestyles. We have to stop the “person In Whitehall” from restricting our liberty of action and thought. But which party stands for freedom – socially and economically? [...]
A comedic look at US suburban dystopia May 17, 2012 THEATRE DETROIT The National, Cottesloe Theatre | Zoe Strimpel *** WRITTEN by American playwright Lisa D’Amour for Chicago’s brilliant Steppenwolf Theatre Company, Detroit was a finalist for the 2011 Pulitzer Prize for Drama and received gushing reviews in the US. Now at the National’s tiny Cottesloe Theatre, directed by Steppenwolf’s formidable Austin Pendleton but with [...]
