Murray beats Nalbandian in Cincinnati August 17, 2011 TENNIS: British No1 Andy Murray boosted his US Open preparations with a 6-4, 6-1 victory over David Nalbandian at the Western and Southern Open in Cincinnati last night. Davis Cup aside, the win was Murray’s first since Wimbledon, following his shock defeat to Kevin Anderson in Toronto last week.
MPC in unanimous vote to freeze rate August 17, 2011 The Bank of England’s Monetary Policy Committee (MPC) voted unanimously to keep interest rates on hold at its August meeting. Two members who had regularly voted for an increase to keep inflation down changed their views based on the weak economic recovery. The vote means interest rates are likely to stay at the current record [...]
Flybe passenger numbers rise August 17, 2011 Passenger numbers have fuelled a revenue rise at budget regional airline Flybe. The regional carrier said its revenues for the three months to 30 June totalled £160.4m. That was up 8.3 per cent on the same period last year. Passenger passenger numbers rose by 7.7 per cent to 1.98m. Flybe said it was a “satisfactory” [...]
Rothschild’s Bumi reports $54m earnings August 17, 2011 Mining group Bumi, founded last year by billionaire financier Nat Rothschild as acquisition vehicle Vallar, posted underlying first-half earnings of $54m (£32m) and said production for the year was on track. Bumi said it expected to produce 86m tonnes of coal this year, up from 77m, when posting its first interim results since the thermal [...]
Balfour Beatty sees profit rise as order book fills August 17, 2011 Infrastructure contractor Balfour Beatty said first-half underlying pretax profit rose four per cent, in line with expectations and lifted by a one-off gain from the sale of investments. The company, which operates in 80 countries and whose projects include the refurbishment of London Blackfriars station and the building of Hong Kong’s West Island metro line, [...]
SABMiller goes hostile with $6bn bid for Foster’s August 17, 2011 Global brewer SABMiller went hostile with its $10bn (£6bn) bid for Australia’s Foster’s Group, going direct to shareholders on Wednesday at a discount to Foster’s last trade. A deal would join together the brewer of Miller Lite, Peroni and Grolsch with the Melbourne-based maker of Victoria Bitter, Pure Blonde and Cascade beer, and would be [...]
Wenger Uefa row taints welcome lift for Arsenal August 16, 2011 ARSENAL 1 vs UDINESE 0 ARSENAL manager Arsene Wenger clashed with Uefa chiefs during last night’s Champions League play-off win after appearing to communicate with his bench while serving a touchline ban. Wenger, who watched Theo Walcott earn a slender first-leg lead from the directors’ box, was shown on television giving orders to coach Boro [...]
Swann: Nullifying Tendulkar and Co beats No1 ranking August 16, 2011 SPINNER Graeme Swann insists England’s consistency in nullifying India’s stellar batting line-up is their greatest achievement in a series they will look to round off in winning style tomorrow at The Oval. Not for Swann the obvious glory of dethroning the tourists as the world’s No1 Test nation, or even the batting heroics of Kevin [...]
Johnson: No panic over Wales loss August 16, 2011 ENGLAND manager Martin Johnson is refusing to panic at his team’s apparent sudden regression, having had time to digest Saturday’s defeat in Wales. Johnson’s men went into their penultimate World Cup warm-up with a measure of confidence, having won the RBS Six Nations during a 12-month spell of major improvements. But despite dominating possession and [...]
CITY A.M. READERS TAKE ON A TRIATHLON: WHAT OUR TEAM LAUREUS RECRUITS SAID August 16, 2011 LAURA RAWSTRON | CITIGROUP It’s a daunting experience to reflect on. It really seems a great antidote to a world of such turbulent markets; what with the feelings of dignity, self-esteem, discipline and, of course, meeting some like-minded friends, it’s somehow enriching. ROBERT AKESTER | TOUCHBASE UNIFIED COMMUNICATIONS The chance to race in the heart [...]