Unions ask for job safety from Kraft January 27, 2010 BRITISH union Unite and its global counterpart, the International Union of Food Workers, have written to US conglomerate Kraft requesting urgent meetings following its £11.5bn recommended offer for Cadbury. Unite wants assurances that none of Cadbury’s 4,500 UK employees will have their working arrangements changed for at least two years. The IUF is concerned about [...]
Charles Stanley posts a jump in funds under management after market rally January 27, 2010 STOCKBROKER Charles Stanley yesterday reported a surge in revenue and funds under management over the third quarter of its financial year, despite the continuing tough trading conditions for the sector. Revenue for the three months to end of December rose 5.2 per cent to £28.4m, from £27m the year before, driven by a stronger performance [...]
Plus Markets holds steady over a tough trading year January 27, 2010 STOCK market group Plus Markets said yesterday it had seen an exceptionally difficult year in 2009, though levels of new admissions and corporate activity held relatively steady. Thirty companies applied to join the market over the year, of which 18 had been admitted by the end of December. Plus said the number of fundraisings on [...]
London slumps to a five-week low led by bank and oil stocks January 27, 2010 BRITAIN’S top share index hit a five-week closing low yesterday, dragged down by energy stocks and banks ahead of the conclusion of a US Federal Reserve policy meeting. The FTSE 100 closed down 59.38 points, or 1.1 per cent, at 5,217.47, its lowest close since 18 December. The index gained 0.3 per cent on Tuesday, [...]
Wall St rises after Fed rates held again January 27, 2010 US stocks rose yesterday after the US Federal Reserve said it will keep interest rates near zero and ahead of President Barack Obama’s State of the Union address tonight. But the Nasdaq got a late surge from of almost one per cent in the shares of Apple after the iPad’s debut. Market analysts said the [...]
Rooney’s late winner gives City deja vu January 27, 2010 MANCHESTER UTD [Man Utd win 4-3 on agg] (3) vs MANCHESTER CITY (1) SIR ALEX FERGUSON heaped praise on his Manchester United troops after they silenced ‘noisy neighbours’ City and clinched a place in the Carling Cup final. Wayne Rooney’s injury-time winner earned the defending champions a Wembley date with Aston Villa on 28 February, [...]
BULLISH FED FUELS HOPE ON ECONOMY January 27, 2010 THE US Federal Reserve signalled yesterday that the economic recovery was gathering strength as it kept interest rates near zero. The Federal Open Market Committee adopted a generally more positive tone in its policy statement than in December, noting that economic activity “has continued to strengthen” and that the deterioration in the labour market is [...]
Vermaelen blow for Gunners January 27, 2010 ASTON VILLA (0) vs ARSENAL (0) ARSENAL’S title hopes suffered a major blow as the Gunners lost ground on their league rivals and lost Thomas Vermaelen to a suspected broken leg. Belgium defender Vermaelen has been one of Arsenal’s stars of the campaign but is likely to miss the rest of the season if X-rays [...]
Lampard double puts Chelsea back on top January 27, 2010 CHELSEA (3) vs BIRMINGHAM CITY (0) CHELSEA boss Carlo Ancelotti has challenged his side to surge clear of their title rivals after a Frank Lampard brace sent them back to the top of the table. Winger Florent Malouda also netted as the Blues went one point ahead of Manchester United and two of Arsenal, with [...]
Murray brushes off talk of settling scores against Cilic January 27, 2010 ANDY MURRAY insists revenge will not be on his mind this morning when he bids to take another step towards ending Britain’s 74-year wait for a Grand Slam champion. Murray faces big-serving Marin Cilic, a rising star and conqueror of seeds Juan Martin del Potro and Andy Roddick who is preparing for his first major [...]
