Torres fires Crawley through January 10, 2011 FOOTBALL: Sergio Torres’ injury-time strike handed non-league Crawley a 2-1 win over Championship side Derby in the third round of the FA Cup. With a replay looking likely, Torres side-footed in from a corner to hand Crawley a fourth-round tie at Torquay.
Dott knocks out Higgins January 10, 2011 SNOOKER: World No1 John Higgins’ Masters campaign was ended by fellow Scot Graeme Dott in the first round. Last year’s World Championship runner-up, Dott, took the final two frames to claim the match 6-4. Meanwhile, Ding Junhui edged out former world champion Mark Williams with a 6-4 victory after n scrappy display from both men.
European fears drag FTSE down January 10, 2011 BRITAIN’S top share index closed lower yesterday hurt by banks, on renewed concerns over the Eurozone sovereign debt crisis, and miners dented by weaker metals prices and concerns over the impact of floods in Australia. But Smith & Nephew, Europe’s largest maker of replacement knees and hips, jumped to the top of the blue-chip leaderboard, [...]
US recovers losses after early jitters January 10, 2011 US stocks regained most of their early losses in light volume and ended slightly lower yesterday as prospects for strong earnings helped counter fears Portugal would be forced into a bailout. Investors say the market’s upward trend remains intact, but the S&P’s third straight session of declines suggests momentum has stalled. Traders also cited the [...]
Winter freeze knocks retail sales growth January 10, 2011 HIGH street spending took a severe hit from last month’s snow, the British Retail Consortium (BRC) confirmed today. Like-for-like sales in December dropped by 0.3 per cent on the previous year, the group reported, although for the whole of 2010 these sales increased by 0.8 per cent. “The unusually early winter weather made a difficult [...]
The monster that keeps on coming: debt worry is back January 10, 2011 LIKE the Terminator, it is a villain that won’t go away. Despite a torrent of invective, and a €750bn bailout fund, the sovereign debt monster keeps coming back. Yesterday, yields on Portuguese and Spanish sovereign debt hit their highest levels in the history of the euro, at 7.17 per cent and 5.57 per cent respectively [...]
Halifax: Modest decline in house prices signals price stagnation for coming year January 10, 2011 HOUSE prices dropped slightly in the final three months of the year, according to a Halifax study released yesterday. “Prices were 0.9 per cent lower than in the previous quarter,” said Halifax economist Martin Ellis. “This rate of decline is significantly less than the quarterly falls of five to six per cent during the second [...]
Global economic recovery will pick up pace around April 2011, OECD predicts January 10, 2011 GROWTH in economies across several continents is set to accelerate, the Organisation for Economic Co-operation and Development (OECD) said yesterday. However, economic growth in Britain is merely showing “signs of stabilisation,” the report said. The OECD’s indicators, measured in November, are designed to anticipate turning points in economic activity six months in advance. “We expect [...]
UK Plc upbeat despite cooling January 10, 2011 ECONOMIC growth slowed down in the final three months of the year, according to a report out today. Yet UK businesses remain extremely confident over their prospects for this year, the British Chambers of Commerce (BCC) survey revealed. Turnover confidence stayed close to a three-year high, the survey said, while confidence in 2011’s profits reached [...]
The odds on volatility shorten January 10, 2011 CFD MARKET STRATEGIST, GFT AFTER a strong start to the New Year, equities began to flag at the end of last week. Wednesday’s blow-out ADP employment numbers were largely ignored as investors held off for Friday’s non-farm payrolls. These proved to be a disappointment, despite upward revisions to the two preceding months. Apart from the [...]
