England’s Lumb sinks Yorkshire October 16, 2012 CRICKET: Yorkshire made a disastrous start to their Champions League T20 campaign proper yesterday, losing by eight wickets to Sydney Sixers in Cape Town. England’s Michael Lumb hit an unbeaten 43 as he surpassed Yorkshire’s 96-9 in just 8.5 overs.
Torres reveals lack of care October 16, 2012 FOOTBALL: Chelsea striker Fernando Torres has admitted he once did not care if the team won or lost.
BHP Billiton and Rio Tinto report rising output October 16, 2012 RIO TINTO and BHP Billiton, the world’s biggest miners, have posted iron ore production growth in spite of lingering concerns about long-term Chinese demand. Rio produced 52.6m tonnes over the third quarter, up five per cent compared to the same period last year. The Australia and Canada-focused miner said year to date global iron ore [...]
Sponsoring a venue can help companies build growth October 16, 2012 BRANDS pump considerable sums of money into sponsorship, as demonstrated vividly during the build-up to the Olympic Games, and earlier this week during Felix Baumgartner’s dramatic skydive. Companies buying the naming rights for venues is a newer phenomenon in the UK, though firms in the US have long done this. The Chicago Cubs ground was [...]
Petropavlovsk goes for gold as production increases by a third October 16, 2012 RUSSIAN precious metal miner Petropavlovsk yesterday posted gold production of 219,400 ounces over the third quarter, up 39 per cent year on year. Over the nine months to 16 October, gold production was up 11 per cent to 498,500 ounces. The FTSE 250 miner said yesterday it was on track to achieve its full-year production [...]
UK currency hedger Record up 30pc on billion dollar inflows October 16, 2012 WINDSOR based currency hedging manager Record yesterday beat analyst forecasts to report $1.2bn (£744m) of net inflows in the second quarter after increasing its managed assets 8.7 per cent to $32.5bn. The listed company, which trades on the FTSE Fledgling exchange, took its equivalent assets up from $29.9bn at the end of June to $32.5bn [...]
Coin dealer Noble awaits £2m payment from Qatari investor October 16, 2012 RARE coin dealer Noble Investments UK yesterday said it expected to hit trading forecasts for the year despite not being paid £2.2m owed to it by a Qatari collector. The company, which auctions international rare coins and stamps, is hoping the collector, who snapped up a number of rare coins earlier this year, will pay [...]
Spirit sales offset rising costs October 16, 2012 Spirit Pub Company reported full-year results in line with expectations yesterday and said it was working to strengthen its managed-pub estate in the face of rising costs and muted consumer demand. Spirit, which manages more than 800 pubs in Britain, saw sales at pubs open more than a year rise 4.8 per cent in the [...]
Smiths News signals shift in focus October 16, 2012 Smiths News, the UK’s largest newspaper and magazine distributor, yesterday signalled a further shift from its core business, saying it expected half of its profit to come from books and educational supplies by 2016, sending its shares up six per cent. For the year to August, underlying pre-tax profit rose to £47.5m from £38.6m a [...]
Chime snaps up pH Associates October 16, 2012 PR firm Chime Communication yesterday announced it had bought pH Associates, a pharmaceutical data provider, for £6.92m. The deal is comprised of nearly 90 per cent cash with 10 per cent surplus working capital of PHA after it joins Chime. PHA, which reported revenue of £1.7m and operating profit of £584,000 last year, is owned [...]
