New nuclear sites approved October 18, 2010 Eight new sites for nuclear power stations were given the green light by the coalition government yesterday, putting the UK at the forefront of nuclear power in Europe. In a remarkable U-Turn, Lib Dem energy secretary Chris Huhne said the new plants are vital. The list of potential sites for hosting new nuclear power plants [...]
Rockhopper to raise £200m October 18, 2010 Oil explorer Rockhopper is hoping to raise about £200m in a placing of new shares to extend its drilling around the Falkland Islands. Rockhopper said yesterday the money from the placing, which is under way, would help it further appraise its oil find at the Sea Lion well, drill more exploration wells and conduct further [...]
WHAT THE OTHER PAPERS SAY THIS MORNING October 18, 2010 FINANCIAL TIMES CANDOVER POISED TO PULL PLUG ON THEME PARK Candover, the private equity group, is on the brink of ditching plans to sell or float Parques Reunidos, the Spanish theme park operator, after offers from rival buy-out groups came in below its €2bn ($2.8bn) price tag. Apollo Management and a consortium of Advent International [...]
Saracens in transfer talks with Wales star Henson October 18, 2010 SARACENS have held talks with Wales star Gavin Henson and will decide whether to swoop for the Ospreys star by tomorrow, City A.M. can reveal. Henson is one of a handful of players Sarries chiefs have identified as possible recruits after fly-half Derick Hougaard was ruled out for six months. “We have had some contact [...]
Keane sides with Rooney in striker’s United row October 18, 2010 MANCHESTER United great Roy Keane has told unsettled striker Wayne Rooney to “look after No1” in any dispute with the Old Trafford hierarchy. Rooney is being tipped to leave United after six years at the club amid rumours that his relationship with manager Sir Alex Ferguson has deteriorated beyond repair. Keane, Ferguson’s trusted captain before [...]
Citi notches up profits in third quarter October 18, 2010 US BANK Citigroup yesterday gave the sector a much-needed fillip, as it beat Wall Street expectations with a year-on-year surge in third quarter net profits to $2.2bn ($1.4bn). Citi’s third consecutive quarterly operating profit – which translated into earnings of seven cents per share – was mainly due to declining provisions for credit losses, benefits [...]
Ackermann: Reform costs could explode October 18, 2010 The economic cost of tougher global capital rules for banks could explode if further requirements on big banks are not co-ordinated, Deutsche Bank chief executive Josef Ackermann has said. “There can be no doubt that Basel III alone will have short- to medium-term economic costs. These costs might explode with all the add-ons that are [...]
Rooney has picked the wrong time to demand Man City-style wages October 18, 2010 PICTURE the scene: Wayne Rooney holding up a Manchester City shirt in January after crossing town from their most hated rivals. It couldn’t happen, could it? Right now it seems like anything could happen. The impasse over Rooney’s new contract is a massive issue and his relationship with the club seems to be in ruins. [...]
US industrial output unexpectedly falls leading to calls for more QE October 18, 2010 US INDUSTRIAL output shrank last month for the first time in more than a year, in a sign the economy is in a slow growth rut that appears certain to lead to more monetary stimulus from the Federal Reserve. Another report yesterday showed homebuilder sentiment rose this month but remained at depressed levels, fortifying views [...]
Fabregas and Walcott ready to return for Shakhtar test October 18, 2010 ARSENAL vs SHAKHTAR DONETSK Sky Sports 2, kick-off 7:30pm ARSENAL boss Arsene Wenger will make a late decision on whether to throw captain Cesc Fabregas and winger Theo Walcott back into action against Shakhtar Donetsk tonight. Fabregas and Walcott, who have been sidelined by injury for a month, both trained yesterday ahead of the Champions [...]
