HAGUE: UK WON’T STOP ICELAND’S EU BID June 14, 2010 Foreign secretary William Hague said yesterday the UK will not block the start of Iceland’s accession negotiations but added that Iceland would need to prove its commitment to resolving its financial problems. A draft statement saying accession talks will begin is expected to be approved by EU leaders on Thursday.
I can unlock Wallabies, vows frustrated Barkley June 14, 2010 OLLY BARKLEY believes coach Martin Johnson is missing a trick by omitting him from England’s Test line-ups. The Bath playmaker has once again been included in England’s midweek squad side to take on the Australian Barbarians in Gosford this morning. But Barkley feels his more expansive game is better suited to be pitted against the [...]
Rusty Italy get off to slow start June 14, 2010 ITALY (1) vs PARAGUAY (1) HOLDERS Italy began the defence of their trophy with a share of the spoils against a plucky Paraguay in a disappointing encounter in Cape Town. The Italians started slowly and were made to pay when the South Americans took a shock lead on 39 minutes when Antolin Alacarez out-jumped Fabio [...]
FTSE rises for fourth day in a row as miners offset a sharp decline for BP June 14, 2010 BRITAIN’S top share index closed higher yesterday for a fourth straight day, led by miners buoyed by firmer metals prices and offsetting a sharp fall in BP. The FTSE 100 index closed up 38.45 points, or 0.7 per cent, at 5,202.13, its highest close since 3 June. Mining stocks added the most points to the [...]
China’s AgBank poised to raise over £15bn in IPO June 14, 2010 THE Agricultural Bank of China is seeking to raise over $23bn (£15.6bn) by listing in Hong Kong and Shanghai, in what would be the world’s biggest IPO. The public share issue by AgBank, founded by Mao Zedong in the 1950s as the central bank’s rural arm, had previously been touted as high as $30bn, but [...]
Striker Mutu forced to pay Chelsea £14.1m June 14, 2010 ADRIAN MUTU has been ordered to pay Chelsea a whopping €17m (£14.1m) by the Swiss Federal Court after losing his lengthy legal battle with the Blues. The court yesterday upheld the decision by Fifa and the Court of Arbitration for Sport to rule against the Romanian striker and bring an end to a five-year battle. [...]
Wall St surrenders gains as Moody’s cuts Greece June 14, 2010 US STOCKS ended little changed in a low-volume session yesterday after a downgrade of Greece’s debt took the wind out of the market’s sails. Equities have been sensitive to debt problems in Greece and other European nations in recent months on concerns the Eurozone’s fiscal problems will hamper a global economic recovery. The Dow Jones [...]
Coke eyes bolt-on deals June 14, 2010 Coca-Cola plans to continue to make small, bolt-on acquisitions, even as it integrates the North American operations of Coca-Cola Enterprises, its chief financial officer said. Speaking at a Beverage Digest conference yesterday, chief financial officer Gary Fayard said the large acquisition of its main North American bottling business is still on track to close in [...]
Majestic sees profits jump June 14, 2010 WINE retailer Majestic was toasting a rise in full-year profits yesterday, after small-budget customers with a penchant for guzzling sparkling wine helped boost its profits. The wine retailer made a pre-tax profit of £16m in the 12 months to 29 March, up from £7.4m a year earlier. And The company has seen its customer base [...]
Commuters hit by DLR strike June 14, 2010 COMMUTERS heading into work later this month will be faced with further disruptions after rail union RMT announced Docklands Light Railway (DLR) workers will walk off the job for three days in June. The dispute, which will see DLR workers strike from 23 to 26 June, is over pay and conditions. RMT general secretary Bob [...]
