Nadal’s season over with knee injury October 25, 2012 WORLD No4 Rafael Nadal has been forced to withdraw from the impending Paris Masters and London’s ATP World Tour Finals because of a long-term injury to his left knee. The Spaniard has yet to compete since his second-round defeat to Lukas Rosol at Wimbledon in June and has since missed both the Olympics and US [...]
Pietersen free to join England October 25, 2012 ■ CRICKET: Kevin Pietersen is to join England’s training camp in Dubai after his Delhi Daredevils side last night exited the T20 Champions League.
Cleverly title defence in doubt October 25, 2012 ■ BOXING: Nathan Cleverly’s WBO light-heavyweight title defence against Ryan Coyne could be off over Coyne’s legal dispute with promoter Don King.
Xstrata shareholders to vote on Glencore merger on 20 November October 25, 2012 Shareholders in Xstrata will vote on the proposed deal with Glencore on 20 November, the commodities trader said in a statement this afternoon. The investor meeting, which will take place 10 months after the original deal was announced, will see shareholders vote on the proposed deal of 3.05 new shares for every Xstrata share. Under [...]
FTSE 100 up as Britain leaves recession October 25, 2012 The blue chip index was up in early trading, as the economy expanded by one per cent in the three months to September, the strongest quarterly growth in five years. Companies announcing results also helped to buoy the FTSE 100, such as consumer giant Unilever, which added 3.36 per cent as it announced rising sales. [...]
UK leaves recession with strong quarterly growth October 25, 2012 The economy officially emerged from recession in the three months to September, posting its strongest quarterly growth in five years. Official figures from the Office for National Statistics said this morning that the economy expanded by one per cent in the third quarter, compared to a contraction of 0.4 per cent over the previous quarter. [...]
AstraZeneca sales fall on expiring patents October 25, 2012 Pharmaceutical giant AstraZeneca this morning posted a 19 per cent slump in revenue over the three months to September, hurt by negative exchange rate movements. The loss of patents on some top-selling drugs accounted for most of the decline, the drugs company said this morning, as revenue for the third quarter came in at $6.7bn [...]
Unilever sales rise on emerging markets boost October 25, 2012 Consumer giant Unilever this morning posted a 5.9 per cent increase in underlying sales, boosted by a 12.1 per cent rise in sales from the emerging markets. The world’s third-largest consumer group posted turnover of €13.4bn (£8.3bn) over the three months to September, with a positive 4.1 per cent impact from foreign exchange. Over the [...]
Asos posts soaring profits October 25, 2012 Fashion retailer Asos this morning posted pre-tax profits of £44.5m in the year to August, up from £31.7m the year previously. Retail sales at the AIM-listed retailer rose to £538m over the year, with UK sales edging up to £205m. It posted a strong performance in overseas markets, and international sales were up 64 per [...]
Coalition must not become complacent on economic growth October 25, 2012 UNLIKE some commentators, I don’t think David Cameron did anything especially wrong yesterday. He hinted at Prime Minister’s Question Time that the economy was improving; he didn’t leak the GDP figures. The statistics will be published this morning; so there is little point speculating about them. But it is worth noting that when the Prime [...]
