Capello’s is a team in crisis February 25, 2010 FOUR months ago, it was all sweetness and light. Now, it’s a total mess. With the World Cup getting ever closer and England losing another key player in Wayne Bridge, this is suddenly a team in crisis and Capello must be pulling his hair out. Let’s go through the side as it stands. Our No1 [...]
Arsenal’s Gibbs is back in the frame, says Wenger February 25, 2010 ARSENAL boss Arsene Wenger believes injured left-back Kieran Gibbs could recover in time to sneak into England’s World Cup squad. Wayne Bridge’s international retirement has moved highly-rated Under-21 star Gibbs further up the pecking order. The 20-year-old is still in a cast after multiple operations on a broken foot bone but is on course to [...]
Greek losses dent Credit Agricole profit February 25, 2010 CREDIT Agricole, reported lower-than-expected fourth-quarter profit yesterday, with earnings hit by losses in Greece, although France’s biggest retail bank said it had made a good start to 2010. “Initial trends in 2010 confirm that all of the group’s businesses are performing well,” Agricole said. Agricole’s net profit rose to €433m (£383.8m), compared to a loss [...]
Allianz predicts flat 2010 as boosts dividend payout February 25, 2010 EUROPE’S biggest insurer Allianz yesterday forecast a stagnating year ahead, mired in low economic growth and high unemployment. It unveiled net profit of €1.076bn (£1bn) in the fourth quarter, shy of the €1.17bn expected in consensus forecasts and lifted its dividend by almost one fifth. But it said 2010 operating profit will match the €7.2bn [...]
Super 14 ref will make for a lively game February 25, 2010 IRELAND’S trip to face England in the Six Nations this weekend is the most fascinating northern hemisphere match-up there has been in a long, long time. Much of the reason for that is South African official Mark Lawrence, who takes over the whistle for Saturday having officiated in Super 14 matches this season. Mark, as [...]
RSA confident despite weak annual results February 25, 2010 INSURER RSA said it was on track for “excellent” results in future amid continued economic uncertainty after its annual profit fell a less than expected 10 per cent, held back by a weaker investment performance. RSA, Britain’s biggest commercial insurer, said it had a 2009 operating result of £77m, down from £867m in 2008, but [...]
Redrow warns on mortgages February 25, 2010 HOUSEBUILDER Redrow slashed its first-half losses following a pick-up in the number of sales and an increase in prices but warned that a lack of mortgages is still causing problems. Completions climbed 21 per cent to 1,266 for the six months to December with the average selling price of homes rising 3.6 per cent to [...]
BAT criticises UK taxes as it posts jump in profits February 25, 2010 BRITISH American Tobacco (BAT) has warned that the UK’s tax regime is putting off some top foreign executives as it posted a sales and profit hike. The company behind Dunhill, Lucky Strike and Pall Mall cigarettes announced a 17 per cent leap in annual sales to £14.2bn. Profits for 2009 rose 15 per cent to [...]
CITY MOVES | WHO’S SWITCHING JOBS February 25, 2010 Rothschild Rothschild has appointed Mark Kary (pictured) and Helen Watson as managing directors in its private banking & trust division. Kary joins from Polar Capital Holdings where he was chief executive officer and prior to that he spent 19 years at Morgan Stanley. Watson also joins Rothschild from Morgan Stanley where she worked in the [...]
ALL CHANGE AT CENKOS February 25, 2010 CENKOS Securities yesterday unveiled a boardroom shake-up. Founder Andy Stewart (above) is moving from the post of executive deputy chairman to non-executive deputy chairman with immediate effect. Chairman and director John Hodson will stand down in March and will be replaced by Peter Sullivan, currently a non-executive director. The moves came as Cenkos said annual [...]
