Hampson warns on 2010 as orders slow August 12, 2010 BRITISH aero engineer Hampson yesterday said its full-year profit would fall short of market expectations due to a slowdown in orders at its aircraft tooling unit, sending its shares to a seven-year low. “Our largest tooling business has been impacted by order delays across a number of aircraft programmes,” Howard Kimberley, Hampson’s finance director said [...]
INDIA’S TAJ REOPENS AFTER TERROR?ATTACK August 12, 2010 the Taj Mahal Palace and Tower hotel (above) reopened in Mumbai yesterday, 18 months after it was stormed by Islamist militants. The 107-year old heritage wing of the luxury hotel is set to receive guests for the first time since it was badly damaged by fire, smoke and explosions in the deadly 60-hour siege. A [...]
BlackBerry rocked by India ban fears August 12, 2010 BLACKBERRY-MAKER Research In Motion (RIM) yesterday moved one step closer to a potentially disastrous ban in India. A meeting with authorities was “inconclusive” and the superpower has given the firm until the end of the month to address its concerns. India is worried that BlackBerry’s encrypted data can be used by terrorists such as those [...]
CITY MOVES | WHO’S SWITCHING JOBS August 12, 2010 Deloitte The accountancy firm has appointed Zahir Bokhari to lead its UK banking and capital markets audit business. Bokhari brings over 20 years of experience to the role, having provided audit, assurance and advisory services to numerous listed clients in the retail banking, inter-dealer brokers and capital markets sectors in his previous capacity as senior [...]
Uncompromising Poulsen joins Reds in £4.5m transfer August 12, 2010 LIVERPOOL manager Roy Hodgson has paved the way for Javier Mascherano to leave Anfield by signing experienced midfielder Christian Poulsen. Poulsen completed a £4.5m switch from Juventus yesterday, penning a three-year contract to become Hodgson’s fourth acquisition of the summer. The Denmark international, 30, has played in the other three top European leagues and was [...]
Partner profits lifted at Baker & McKenzie August 12, 2010 Baker & McKenzie said yesterday profits per equity partner at the firm jumped by 13 per cent to $1.13m for fiscal year 2010 – even as gross revenue at the 3,750-lawyer firm was essentially flat, falling 0.4 per cent to $2.104bn. While Baker’s profits reversed course from last year’s 17 per cent drop, 2010 marks [...]
Watson shines amid dense fog at USPGA August 12, 2010 SCOTLAND’S Martin Laird enjoyed an encouraging start to the USPGA Championship last night after thick fog played havoc with tee times. American Bubba Watson and Italian Francesco Molinari shared the early clubhouse lead at Whistling Straits with four-under-par opening rounds of 68. That was one better than Australian Jason Day and US hope Ryan Moore, [...]
Coppell retires after two games in Bristol City job August 12, 2010 MANAGER Steve Coppell yesterday stunned Bristol City by resigning after just two games in charge – and announcing the end of his 26-year managerial career. Coppell’s spell in charge at Ashton Gate lasted less than four months and his tenure got off to a bad start after his side lost 3-0 at home to Millwall [...]
GM back in black as boss heads for exit August 12, 2010 General Motors (GM) posted its biggest quarterly profit in six years yesterday and chief executive Ed Whitacre stepped aside on the cusp of an IPO expected to allow the US government to relinquish its majority stake. Whitacre, who has served just eight months as chief executive of the top US automaker, said he would step [...]
Cook will get form back, insists Bopara August 12, 2010 ENGLAND batsman Ravi Bopara is backing team-mate Alastair Cook to recover from his slump in form and return to the top of his game in next week’s third Test with Pakistan. Vice-captain Cook has only managed 100 runs in seven Test innings this summer with a highest score of just 29. The 25-year-old’s dip in [...]
