US consumer debt rises 3.8pc April 7, 2011 Consumer debt in the United States rose at an annual rate of 3.8 per cent during February, the Federal Reserve said yesterday – up from 2.2 per cent in January.
Perform lists despite eleventh hour delay April 7, 2011 DRASTIC reforms to gambling laws in Germany caused online sports media firm Perform to delay the pricing of its London listing yesterday, though the firm is still due to begin trading today. The group last night priced its initial public offering (IPO) at 260p per share, after stalling to consult investors over the German ruling. [...]
Bookmaker blasts German betting law April 7, 2011 SHARES in the newly merged online betting group Bwin.party plunged yesterday, after it lashed out at the German government for its proposed gambling laws. Trading in London as a united entity following the tie-up between Austrian bookmaker Bwin and online poker site PartyGaming since just last week, the group fell by almost 15 per cent [...]
Online gamblers hit by regulatory minefield and populist politicians April 7, 2011 BEFORE banker-bashing came along, gambling was the populist issue that most politicians turned to when they wanted a boost in the polls. One of the first things Gordon Brown did on becoming Prime Minister was ditch plans for a Las Vegas-style super-casino in Manchester, earning him plaudits from reactionaries everywhere. Now Germany’s 16 Lander – [...]
US wine sales boost Constellation April 7, 2011 Wine and spirits maker Constellation Brands yesterday forecast full-year profit above Wall Street’s view and announced a new stock buyback program. The world’s largest branded winemaker, whose portfolio includes Robert Mondavi and Clos du Bois, also said growth in its North American wine business and strong sales of Svedka vodka contributed to better-than-expected results for [...]
Newmont pays gold price dividend April 7, 2011 Gold producer Newmont Mining will pay a dividend linked to gold prices to attract investors who have been flocking to exchange traded funds (ETFs) as bullion prices soar, its chief executive said yesterday. Newmont said it expects to pay its first such dividend on 29 June, based on the No. 2 gold producer’s average realised [...]
MASTERFUL MCILROY April 7, 2011 Flawless first round puts Northern Irish youngster in contention to break his Major duck at Augusta RYDER CUP star Rory McIlroy insists he’s taking nothing for granted after he roared to the top of the Masters leaderboard with a brilliant first round 65. The 21-year-old had never broken 70 in his previous three visits to [...]
Rooney cries foul after FA stand firm and uphold two-match ban April 7, 2011 MANCHESTER UNITED striker Wayne Rooney will miss the FA Cup semi-final against rivals Manchester City after failing to have his two-match swearing ban reduced. Football Association chiefs did not accept Rooney’s claim that the punishment, for shouting an obscenity into a TV camera, was excessive. Rooney said he was “gutted” to miss the City match [...]
Heart says Wasps; head doesn’t April 7, 2011 AMLIN CHALLENGE CUP QUARTER-FINAL PREVIEW: HARLEQUINS V WASPS THIS is where the tournament starts to get really exciting. Neither team is in great form and, to be brutally honest, this is both sides’ only chance of silverware this season. There isn’t much between the two sides and, going by the Amlin Opta Index, the key [...]
Fraser concerned for the condition of county game April 7, 2011 FROM Mumbai to Middlesex; the contrast couldn’t be any greater as cricket’s focus switches from the glitz of a World Cup and start of the IPL to the more mundane matters of the county season, which commences today. While the state of the international game appears to be in a happier place following a successfully [...]