Qantas scraps plane order as it posts an annual loss August 23, 2012 AUSTRALIAN airline Qantas has scrapped an order for 35 new Dreamliner planes as it fights to control costs following a A$244m (£160.9m) annual loss. Qantas yesterday posted its first loss since it was privatised 17 years ago, blaming an 18 per cent jump in fuel costs and strike action linked to its ongoing spending cuts. [...]
Emerging markets prove thirsty for spirits with a taste of luxury August 23, 2012 WITH results as strong as its premium scotch, Diageo more than met expectations yesterday, topping up its share price and buying a round of applause for its exposure to emerging markets growth. Profit before tax rose 32 per cent year on year. One of the interesting aspects is exactly what the emerging markets are buying. [...]
Chile thaws as Anglo agrees to sell Sur stake August 23, 2012 ANGLO American has defused its months-long fight with Chile’s state copper miner by agreeing to sell more than a quarter of its prized AA Sur assets. Chilean miner Codelco has dropped the threat of legal action after agreeing to take a 29.5 per cent holding in the site, which includes the lucrative Los Bronces mine. [...]
Chelsea make move for £9m forward Moses August 23, 2012 WIGAN last night accepted a £9m offer from Chelsea for Nigeria forward Victor Moses as the European Champions continue to strengthen their squad for a potential Premier League title tilt. The bid, comprised of £7m up front and an additional £2m in add-ons, is the fifth that Chelsea have this summer made for Moses but [...]
Colsaerts reaches for Ryder Cup place in bid to make history August 23, 2012 BELGIAN Ryder Cup hopeful Nicolas Colsaerts signalled his determination to snatch the last automatic qualifying place on the European team by making a strong start to the Johnnie Walker Championship yesterday. Colsaerts, who needs to finish in the top two at Gleneagles to swipe the spot from Martin Kaymer, shot a 69 to finish the [...]
One loss won’t keep United from top two August 23, 2012 THE first week of the Premier League season has already produced excitement, shown some high quality and some bizarre results. Opening fixtures can be like that; a team will think they’re ready and then just not turn up on the day. Everton, for example, were determined to have a good start and deserved their win, [...]
Murray could face Federer in US Open but Bogomolov Jr is first August 23, 2012 BRITISH No1 Andy Murray is to play Russia’s Alex Bogomolov Jr in the first round of the US Open ahead of a potential semi-final showdown with recent rival Roger Federer. World No73 Bogomolov Jr beat Olympic gold medallist Murray 6-1, 7-5 in the Sony Ericsson Open in 2011 but should the Scot wish to cap [...]
Pietersen text row won’t affect one-day mission, insists Cook August 23, 2012 ENGLAND one-day captain Alastair Cook insists the Kevin Pietersen text message saga will not dent his team’s efforts to continue their winning run when they face South Africa today in Cardiff. The Proteas could knock Cook’s 50-over side off the top of the world rankings with victory in the five-match series, just as they did [...]
Blake blasts close to Bolt’s 100m record August 23, 2012 JAMAICAN sprinter Yohan Blake last night ran the joint-third fastest time in 100m history in the Diamond League meeting in Lausanne. The London 2012 100m and 200m silver medallist ran 9.69 seconds to beat American Tyson Gay into second place and is behind only compatriot Usain Bolt in the 100m records. He said: “I have [...]
Lucky Liverpool edge to hearts victory August 23, 2012 LIVERPOOL last night won 1-0 away to Scottish club Hearts in the Europa League qualifying play-off round first leg after an own goal by defender Andy Webster. The match was a largely even affair in which Liverpool’s new Italian striker Fabio Borini missed several chances. Newcastle, meanwhile, drew 1-1 away to Greek side Atromitos.
