Airline body IATA increases its profit forecast as market lifts December 14, 2010 AIRLINES will post higher profits than expected this year and next, according to the industry association IATA. However, margins remain low and the sector’s recovery is patchy, with European airlines underperforming those in other regions, the International Air Transport Association (IATA) said in its latest financial forecast yesterday. IATA said the increase is due to [...]
FIRST GIG IN 600 YEARS TO COME TO GUILDHALL December 14, 2010 GUILDHALL has seen its fair share of important cultural events over the years:?the trials of Lady Jane Grey, Thomas Cranmer and those involved in the gunpowder plot. But only now is this hallowed hall to host the first ever rock concert in its 600 year history, in the miserable month of February next year, when [...]
Arshavin: no time for self pity December 14, 2010 ARSENAL forward Andrey Arshavin has implored his teammates not to dwell on Monday’s damaging defeat at Old Trafford and quickly turn their attention to Saturday’s visit of Stoke. Ji-Sung Park’s solitary goal handed Manchester United a significant edge in the title race – Sir Alex Ferguson’s charges now hold a two point lead with a [...]
Snow disturbs sales jump at Travis Perkins December 14, 2010 BUILDERS merchant Travis Perkins said yesterday that turnover for the year had risen 6.5 per cent, though the wintry weather has hit recent sales, as it completed its £558m takeover of BSS Group. The firm saw a jump in sales in the last two months to 30 November, although it said the snow and freezing [...]
Go-Ahead sees profit growth in train travel December 14, 2010 TRANSPORT group Go-Ahead said yesterday that it expects first-half operating profit to nudge ahead of its expectations, driven by its rail unit, but will not move its full-year targets given the economic uncertainty. The company, which operates commuter rail franchises including Southeastern and London Midland, said yesterday its bus division is expected to remain robust, [...]
FSA BANS TWO BROKERS December 14, 2010 THE Financial Services Authority’s (FSA) head of enforcement Margaret Cole yesterday fined and banned two stockbrokers for using inside information to allow their clients to buy shares in listed health food company Provexis before it announced a deal with a major unnamed food firm. The FSA fined William James Coppin and Perry John Bliss £70,000 [...]
Mancini to keep Tevez out of Juve game December 14, 2010 WANTAWAY Manchester City striker Carlos Tevez returned to the club yesterday, but won’t travel with the rest of the squad ahead of tomorrow’s Europa League dead rubber against Juventus. The City skipper trained at the club’s Carrington complex having flown back from a pre-approved holiday in Tenerife, where he met up with his teammates for [...]
Inflation hits highest level in six months December 14, 2010 ABOVE target inflation rose further in November, jumping higher than economists expected, official data showed yesterday. The news cast further doubt over the Bank of England’s loose policy and monetary stimulus. “Another round of quantitative easing was always a long shot and this will reduce the odds still further,” said economist Andrew Goodwin of the [...]
Eurozone industry rebounds December 14, 2010 EUROZONE industrial production rebounded in October, driven upwards by a resurgent Germany, official data revealed yesterday. After a decline the previous month, production sprung back with a 0.7 per cent increase across the single currency area. Compared to the same time in 2009, industry expanded by 6.9 per cent, according to the Eurostat office. Yet [...]
Little appeal in backing struggling Australia despite record in Perth December 14, 2010 MOMENTUM is with England as the Ashes roadshow heads west to Perth for the third Test of a series that has so far seen the tourists soothe some painful memories. The draw in Brisbane and win in Adelaide has given England a huge boost and their fortunes couldn’t be more different to four years ago. [...]
