BA deal with Iberia misses its deadline March 31, 2010 BRITISH Airways (BA) and Spanish carrier Iberia have missed their merger deadline after the two said they were still ironing out technicalities in the agreement. The merger, which was scheduled to complete by the end of the first quarter, has been delayed by days as both airlines attempt to resolve some minor differences in the [...]
Blackberry maker proves victim of its own success March 31, 2010 BLACKBERRY manufacturer Research in Motion (RIM) yesterday revealed quarterly profit and revenue rises but the results failed to match expectations. Profit rose to $710.1m (£467m) in the three months ending 27 February, from $628.4m, in the same period last year. Gross margin was 45.7 per cent and it shipped 10.5m devices. Revenue increased 18 per [...]
JP Morgan gets new LNG deal in energy focus March 31, 2010 JP MORGAN has ventured further into the energy industry by signing an agreement with Chieniere Energy, the liquefied natural gas (LNG) importer. The agreement will give JP Morgan’s clients access to its Sabine Pass terminal in Louisiana. It is understood the two will share profits from shipping the fuel on behalf of their clients. “Working [...]
Entertainment One to move to LSE’s main list March 31, 2010 ENTERTAINMENT One, the distributor of the blockbuster Twilight vampire movies, yesterday announced plans to move to the main list of the London Stock Exchange, as it cheered investors by confirming full-year results will be at the top end of its forecast range. Entertainment One, which is currently listed on the Alternative Investment Market (Aim), said [...]
United relief as Rooney gets away with suspected sprain March 31, 2010 MANCHESTER United defender Nemanja Vidic insists the club’s challenge for silverware will not be stymied by Wayne Rooney’s suspected sprained ankle. Rooney is expected to be out for three to four weeks after limping off during United’s Champions League defeat at Bayern Munich on Tuesday. In that time the striker, who has scored 34 goals [...]
KAPOOR’S TANGLED TOWER March 31, 2010 A £19.1m sculpture designed by Turner Prize-winning artist Anish Kapoor has been chosen as the monument to mark the London 2012 Olympic Games. The 115m tall piece, named the ArcelorMittal Orbit, will be 22m higher than New York’s Statue of Liberty. London mayor Boris Johnson, described it as “a super-sized mutant trombone.”
Arsenal are right to be encouraged March 31, 2010 THEY may have been mesmerised at times by Barcelona’s movement and technical ability, but, bizarrely, Arsenal will actually come out of this first leg feeling just as encouraged as the current European champions – even despite the loss of Cesc Fabregas. Two-nil down and seemingly out of the tie, Arsene Wenger’s men showed they can [...]
Young gun Kies gets the March 31, 2010 ENGLAND have put their faith in batting sensation Craig Kieswetter playing a leading role in next month’s ICC World Twenty20 in the Caribbean. The Somerset starlet has been handed the gloves as England’s sole wicketkeeper at the expense of Matt Prior, who is left out of the 15-man squad, captained by Paul Collingwood. South African-born [...]
Ofcom feels the heat over sports ruling March 31, 2010 OFCOM faced a fierce backlash to its landmark ruling yesterday as broadcasters and sporting bodies rounded on the embattled regulator. BSkyB vowed to carry out its threat to fight the ruling through the courts, hiring high powered City law firm Herbert Smith. The decision means the wholesale prices Sky is allowed to charge rivals including [...]
‘I’ll take his head off’ warns fired-up Haye March 31, 2010 ULTRA-confident David Haye says he plans to take John Ruiz’s head off when he makes his first heavyweight title defence against the American on Saturday. The Hayemaker has been unusually quiet in the build-up to the Manchester showdown, but exploded back into life in familiar fashion yesterday, just 72 hours before stepping into the ring. [...]
