Strong quarter for Las Vegas Sands January 30, 2013 Casino operator Las Vegas Sands, owned by billionaire Sheldon Adelson, yesterday said fourth-quarter earnings rose 35.8 per cent from a year ago, helped by a strong performance in China. Fourth-quarter net income rose to $434.8m, while earnings per share rose 35.9 per cent to 53 cents from 39 cents a year earlier. Revenues rose 20.9 [...]
Revenue up at Kenmare Resources January 30, 2013 FTSE 250 miner Kenmare Resources yesterday posted a 40 per cent jump in revenue to $234.5m (£148.5m) in 2012, boosted by a 98 per cent increase in the price of ilmenite, which it mines in Mozambique. However, the total amount of metal shipped fell last year to 680,800 tonnes of finished product, compared to 730,400 [...]
Morale in euro area edges up despite Spain January 30, 2013 THE RECESSION in the Eurozone was exposed by more bearish data released yesterday, yet a survey of confidence from Brussels suggested that hopes for a recovery are starting to grow. In crisis-struck Spain the downturn worsened in the final three months of the year, figures showed, while retailers across the single currency area are continuing [...]
House prices in London satellite towns expected to climb in 2013 January 30, 2013 HOUSE prices in commuter towns on the outskirts of London jumped in the final three months of the year, high end estate agent Savills said yesterday. Prices in the so-called “inner commute” area were up 0.5 per cent from October to December, compared to the previous quarter. Residential properties in these areas remained slightly down [...]
Economists warn poor standard of British schools will hurt GDP January 30, 2013 A GROUP of economists will today urge the government to radically improve educational standards at British schools, arguing that reforms are key to the country’s long-term prosperity. The London School of Economics (LSE) growth commission will also hit out at UK governments’ poor record over infrastructure. “Political procrastination and the absence of a strategic framework [...]
Hope for the high street as UK consumer confidence improves January 30, 2013 BRITISH consumers have started the year feeling less pessimistic about the country’s economic prospects, a widely-regarded survey revealed this morning. Research company GfK’s first consumer confidence barometer of 2013 found that expectations for the general economic situation over the coming year jumped by six index points. While still slumped in negative territory, this sub-index climbed [...]
Census reveals English spoken by 92 per cent January 30, 2013 ONLY 148,000 people usually resident in England or Wales cannot speak one of the two countries’ mother tongues, the census data, yesterday released by the Office for National Statistics, revealed. Around three-quarters of a million people could speak some English or Welsh – though it was not their first or main language – but could [...]
Belgium’s GDP shows slow decline January 30, 2013 The Belgian economy shrank by 0.2 per cent last year, according to official flash estimates released yesterday. The Eurozone state’s GDP fell by 0.1 per cent in the final three months of the year, compared to the previous quarter. BNP Paribas said it expects the Belgian economy to flatline in 2013, recording zero growth.
Quotas opposed by 94pc of women January 30, 2013 Only six per cent of attendees at a recent conference of high-powered women believed quotas to be the best way of getting women ahead in key industries, recruitment firm Randstad said yesterday. “The view I hear echoed by many women in the retail sector is that they would prefer to get there on their own [...]
Irish unemployment holds at 14.6pc January 30, 2013 Unemployment in Ireland has stuck at 14.6 per cent at the start of this year, its Central Statistics Office (CSO) said yesterday. The rate is down 0.3 percentage points compared to January a year ago. The number of people claiming jobless benefits in Ireland fell by 900 on a seasonally adjusted basis compared to December.
