Cairn Energy starts drilling off coast of Greenland despite green protestors June 3, 2011 OIL explorer Cairn Energy started drilling two wells off the coast of Greenland, it said yesterday, a day after environmental protesters were removed from its rig in the Arctic. Cairn said earlier in the week that Greenpeace activists who suspended themselves from the Leiv Eiriksson drilling rig for four days had not delayed its schedule. [...]
Stephen Patrick joins Rothschild June 3, 2011 Rothschild boosted its consumer and retail practice yesterday with the addition of former Colgate-Palmolive executive Stephen Patrick. Patrick, who was Colgate’s global chief finance officer from 1996 until January before becoming vice chairman, served in senior finance roles in Canada, Europe and Latin America for the company. He joins Rothschild in New York as a [...]
Canada regulator gives LSE nod June 3, 2011 The London Stock Exchange and TMX Group yesterday said Canadian competition authorities will not challenge the proposed merge of two exchange operators. The ‘no action letter’ from the regulator satisfies a condition of the 9 February agreement by the two stock exchanges to join forces in a $3bn (£1.8bn) deal. In a further review, under [...]
Investec lends more to industry June 3, 2011 Investec has increased its lending to UK manufacturers after its research showed significant growth in the sector, it said yesterday. It found that the value of UK manufacturing exports rose 15.4 per cent between 2009 and 2010, led by London, where exports rose 32.2 per cent, and Yorkshire and Humberside, where exports grew 15.8 per [...]
UK shares recover from shock of poor US data June 3, 2011 Britain’s top share index, bruised by concerns over the global economy in the previous two sessions, rebounded from lows following poor US jobs numbers yesterday to close marginally higher. US non-farm payrolls increased by 54,000 in May, the weakest reading since September, while the jobless rate rose to 9.1 per cent. Economists had expected payrolls [...]
Repentant Capello to let players rest before Euros June 3, 2011 ENGLAND vs SWITZERLAND ITV1, Kick-off 4:45pm ENGLAND manager Fabio Capello has promised his players a lengthy holiday before next summer’s European Championships, as they prepare to take another step towards the tournament this afternoon at Wembley. Capello insists he has learned lessons from last year’s World Cup, in which players appeared jaded by a lack [...]
Dancing Rain romps to Oaks victory June 3, 2011 William Haggas-trained 20-1 shot leads from the front as Dettori is hit with 10-day suspension TRAINER William Haggas toasted Dancing Rain’s surprise victory in the Investec Oaks yesterday at Epsom, joking: “That’s payback for my wife’s broken leg.” The 20-1 shot, ridden by Johnny Murtagh, set the pace and repeatedly mined her reserves of energy [...]
Magnificent Nadal rises to Murray’s challenge in Paris June 3, 2011 BRITISH No1 Andy Murray’s hopes of banishing his grand slam curse evaporated, for a few weeks at least, in the French Open semi-finals yesterday, where Rafael Nadal demonstrated just why he is called the King of Clay. Murray strove manfully – as he has all fortnight, despite an ankle injury – but on the crucial [...]
Cook shines as England shrug off morning losses June 3, 2011 ENGLAND bounced back from the loss of three early wickets to reach 342-6 on day one of the second Test against Sri Lanka at Lord’s yesterday. Captain Andrew Strauss, Jonathan Trott and Kevin Pietersen were all dismissed before lunch as the hosts slumped to 22-3. Ashes hero Alastair Cook steadied the ship but fell four [...]
Stuttering start for City A.M. Team New York June 3, 2011 DEFENDING champions City A.M. Team New York and IG Index Team Sydney both suffered shock defeats as this year’s MINT Polo In The Park began with a day of upsets. City A.M. Team New York’s line-up of Jack Kidd, Henry Brett and Jamie Morrisson lost for the first time since 2009, going down 8-13 to [...]
