Heineken in beer sales slump April 21, 2010 HEINEKEN’S beer sales fell more than expected in the first quarter as western consumers drank less, underlining the group’s increasing reliance for growth on sales in emerging markets in Africa and Asia. Its shares fell more than 2.5 per cent to their lowest in eight weeks. The Dutch-based company, whose chief brands are Heineken and [...]
Robben strikes again to put Bayern on top April 21, 2010 BAYERN MUNICH (1) v/s LYON (0) BAYERN Munich winger Arjen Robben continued his mission to win the Champions League single-handedly as the Bundesliga leaders earned a slim advantage to take into the semi-final second leg. Robben, scorer of decisive goals in the previous two rounds against Manchester United and Fiorentina, struck the only goal in [...]
Ladbrokes is boosted by an £80m tax repayment April 21, 2010 HEINEKEN’S beer sales fell more than expected in the first quarter as western consumers drank less, underlining the group’s increasing reliance for growth on sales in emerging markets in Africa and Asia. Its shares fell more than 2.5 per cent to their lowest in eight weeks. The Dutch-based company, whose chief brands are Heineken and [...]
MPC vote unanimous but concerns over inflation rise April 21, 2010 IT WAS another unanimous vote from the Bank of England’s Monetary Policy Committee (MPC) this month, but minutes published yesterday revealed worries among some members about the level of inflation. The unanimity was unsurprising given the proximity of the general election and the committee agreed that the events of the past month “had not been [...]
Schu will be great again, claims Bernie April 21, 2010 FORMULA ONE chief Bernie Ecclestone is backing seven-time world champion Michael Schumacher to rediscover his winning touch despite his slow start to the season. Schumacher, 41, got back behind the wheel after three-and-a-half years in retirement this season, but has so far played second fiddle to Mercedes team-mate Nico Rosberg. The German finished a gallant [...]
ANZ considering Asia expansion April 21, 2010 Australia and New Zealand Banking Group is considering making a bid for Dallas-based Lone Star’s controlling stake in Korea Exchange Bank (KEB). Valued at $4bn (£2.6bn), this would expand Australia’s fourth largest bank’s influence in Asia considerably. KEB, South Korea’s sixth largest lender, was purchased by US private equity fund Lone Star in 2003. ANZ [...]
Visa set to buy CyberSource April 21, 2010 Visa said yesterday it would buy CyberSource, a company that helps retailers accept online payments, to boost its business in fast-growing areas such as emerging markets and online commerce. Visa, the world’s largest credit and debit card processor, would pay $26 a share, or about $2bn (£1.3bn), for CyberSource. That amounts to a premium of [...]
Mears secures £170m contract April 21, 2010 Leading social housing repairs and maintenance service provider Mears was awarded a long-term partnership contract with the London Borough of Lambeth yesterday. The seven-year contract, valued at £170m, will aid in providing “responsive repairs, void refurbishment, estate management, decent homes and planned maintenance” and is expected to start in October 2010.
St James’s is winner as ISA sales rocket April 21, 2010 WEALTH management group St James’s Place yesterday announced a record quarter for new business with total new investments of £1.1bn. The company said its most closely followed measure of new business, a combination of regular and single premiums, was up 42 per cent from a year earlier at £133.3m. Deutsche Bank analysts had expected a [...]
Captain Wentzel gives Leeds a lift ahead of £1m showdown April 21, 2010 LEEDS CARNEGIE have been handed a boost ahead of this weekend’s £1m relegation showdown with Worcester after captain Marco Wentzel vowed to stay at Headingley regardless of the result. The Tykes take on fellow strugglers Worcester in a crunch six-pointer on Sunday, which will go a long way to determining who drops out of the [...]
