Champions to round off league campaign in style May 19, 2011 THE Premier League season comes to an end on Sunday and there are still some scores to be settled at the bottom of the table. However, MANCHESTER UNITED were crowned champions at Blackburn last weekend and they thoroughly deserve their 19th league title. It couldn’t be described as a vintage United team, but they have [...]
Leinster too strong for Mallinder’s Saints May 19, 2011 LEINSTER vs NORTHAMPTON TOMORROW – 5PM, SKY SPORTS FEW, other than perhaps the most partisan Frenchman, would argue that the two most deserving sides will meet in tomorrow’s Heineken Cup Final. That story is told by the judges’ selections for the European Player of the Year: Leinster’s Sean O’Brien, Jamie Heaslip and Isa Nacewa and [...]
FTSE buoyed by Glencore as IMF chief quits May 19, 2011 The FTSE 100 climbed this morning as commodities giant Glencore made its debut, helping to buoy European markets. But an announcement that IMF chief Dominique Strauss-Kahn was standing down over assault charges in the US was the talk of the markets as the hunt for a successor starts. The re-building of the eurozone’s finances was [...]
Merkel backs European for top IMF job May 19, 2011 German Chancellor Angela Merkel has said she will back a European candidate to lead the International Monetary Fund (IMF). She said it was important as the eurozone debt pile needed to be urgently addressed Germany is Europe’s biggest economy and so Ms Merkel’s voice carries considerable weight. Developing nations have said they want more of [...]
Moss bros in sales rise May 19, 2011 Moss Bros reported annual like-for-like sales growth of 8.2 per cent for the 15 weeks to 14 May. The company said that its benefitting from the cost reduction programme introduced in the second half of the 2010/11 financial year as well as the strengthening its product range. Moss Bros recently sold off its Boss franchise [...]
Royal Wedding and sunny weather boost retail sales May 19, 2011 Retail sales climbed more than expected in April, boosted by the extra holiday for the Royal Wedding and record temperatures, official data showed. The Office for National Statistics said sales volumes including automotive fuel rose 1.1 percent last month, well above analysts forecasts for an increase of 0.8 per cent, and the biggest rise for [...]
IMF chief quits over sex charges May 19, 2011 International Monetary Fund chief Dominique Strauss-Kahn has resigned following allegations he sexually assaulted a hotel maid in New York. In a statement, Mr Strauss-Kahn, 62, said he had already informed the executive board of his intention to step down “with immediate effect”. He again firmly denied the criminal charges against him. Strauss-Kahn – who is [...]
Bank of Ireland sees rise in deposits May 19, 2011 Bank of Ireland’s profit margins will continue to suffer from weak loan demand and high funding costs but a marginal rise in deposits has helped ease its reliance on emergency central bank funding, it said. Ireland’s largest lender said its loan to deposit ratio had improved by around 10 percentage points since the end of [...]
Takeda in $13bn deal for Nycomed May 19, 2011 Takeda Pharmaceutical, Japan’s largest drugmaker, said it would buy privately held Swiss rival Nycomed for 9.6 billion euros ($13.6bn) as it seeks to expand in Europe and emerging markets. The deal marks the biggest overseas purchase by a Japanese company since Japan Tobacco paid $19bn (£11bn) for Britain’s Gallaher and is Takeda’s second major deal [...]
Quake sends Japan into recession May 19, 2011 Japan’s economy shrank much more than expected in the first quarter and slipped into recession after the triple blow of the March earthquake, tsunami and nuclear crisis hit business and consumer spending and tore apart supply chains. The Bank of Japan (BOJ) expects the economy to resume growing in the second half of the year, [...]
