GRAINGE IS?NO.1?AT?UNIVERSAL MUSIC February 10, 2010 LUCIAN Grainge, who has helped nurture artists such as Duffy, Amy Winehouse, U2 and Elton John, is to become the chief executive of Vivendi’s Universal Music Group. Grainge, who has been chairman and chief executive of Universal’s International division, which operates in more than 50 countries, will take over the New York-based top job at [...]
Chelsea unstuck by Toffees February 10, 2010 CHELSEA assistant Ray Wilkins confirmed John Terry will miss this weekend’s FA Cup clash after the captain endured a night to forget at the hands of Louis Saha. Everton striker Saha got the better of Terry to score two goals as the Toffees came from a goal down to end Chelsea’s 10-match unbeaten run. Chelsea, [...]
BHP Billiton is set to go on a buying spree February 10, 2010 GLOBAL mining heavyweight BHP Billiton today announced plans to ramp up its spending despite its interim profits falling victim to the commodity downturn in 2009. The FTSE 100 group posted a seven per cent drop in profit to $5.7bn (£3.7bn) in the final six months of 2009 as “significant volatility and continued uncertainty in the [...]
Ten-man United earn comeback point February 10, 2010 MANCHESTER United manager Sir Alex Ferguson toasted a point gained rather than two dropped after his 10-man side came from behind to draw at Villa Park. Chelsea’s slip at Everton allowed United the chance to go top but they too struggled against feisty opponents, who led through Carlos Cuellar. Ferguson’s men hit back with a [...]
Savile quits Air Partner role February 10, 2010 DAVID Savile, the chief executive of aviation services provider Air Partner, yesterday denied rumours that he will replace Andy Harrison as Easyjet’s chief executive when the latter steps down in June. Air Partner announced yesterday that Savile will leave at the end of March. Mike Stoddart, an analyst at Daniel Stewart, said yesterday that he [...]
Wolves gore toothless Tottenham February 10, 2010 BOSS Harry Redknapp lashed out after his lacklustre Spurs side were beaten for a second time this season by lowly Wolves. David Jones gave Mick McCarthy’s strugglers a first-half lead, but Spurs, looking to return to the top four, had no response and failed to register a single shot on goal in the second half. [...]
ArcelorMittal is back in profit after a dire year for the world’s steel markets February 10, 2010 ARCELORMITTAL recorded a $1.07 bn (£684 m) profit in the fourth quarter of 2009 on the back of improved steel demand. The results are a significant turnaround from the same period last year when the steelmaker reported a $2.6bn loss. But the company’s profit for the year was $118m, a large drop from the $9.4bn [...]
Google to trial high speed network in United States February 10, 2010 GOOGLE said yesterday it would build a super high-speed broadband network for up to half a million people around the United States in order to experiment with the possibilities of a network running at 100 times current speeds. The company has long argued that it can sell more Web ads – the way it makes [...]
Chi-X moves up European equities market rankings February 10, 2010 CHI-X Europe became the third-largest European equities market by value traded in January, leading exchanges such as Deutsche Boerse for the first time. Trading levels for European equities on the electronic order book of the London-based platform, known as a multilateral trading facility, were valued at €109bn (£96bn) during January, according to figures released yesterday [...]
Hammers hand boss Zola timely boost February 10, 2010 WEST HAM clambered out of the relegation zone and eased the pressure on manager Gianfranco Zola with their first win of 2010. Alessandro Diamanti put the Hammers in front with an exquisite free-kick just before half-time and Carlton Cole wrapped up victory with a close range header midway through the second half. West Ham’s triumph [...]