Harrison weighs up retirement October 15, 2012 BOXING: British former Olympic champion Audley Harrison, 40, admits he is considering retirement after Saturday’s 82-second defeat by David Price. “I’ll take some time to think this out,” Harrison added.
Reds chief defends Anfield plans October 15, 2012 FOOTBALL: Liverpool’s spending power will not suffer from plans to redevelop Anfield rather than build a new stadium, insists managing director Ian Ayre. “The whole point is to actually increase our revenues,” he said.
Profits down at Citigroup October 15, 2012 Profit decreased at Citigroup over the third quarter, owing to a writedown in the value of its brokerage business by $4.7bn (£2.9bn). Including the writedown of the brokerage business, Citigroup posted third quarter net income of $468m, compared to $3.77bn over the same period in 2011. Revenues came in at $14bn over the period. Citigroup [...]
Defensive stocks up on FTSE 100 October 15, 2012 The leading share index opened up this morning, helped by gains in defensive stocks. The markets have rallied since central banks took new stimulus measures to shore up the global economy, with the FTSE 100 up six per cent since late July. Medical retinal imaging firm Optos added 7.18 per cent in early deals today, [...]
Tullow looks for oil in Greenland with Maersk October 15, 2012 British explorer Tullow Oil has bought a 40 per cent interest in a block belonging to Maersk Oil offshore Greenland. Maersk Oil will continue to act as operator of the Tooq licence in North West Greenland with a 47.5 per cent interest. The oil industry hopes to open up a new multi-billion oil province in [...]
Fresnillo confident on 2012 targets October 15, 2012 Mexican miner Fresnillo this morning posted a 2.6 per cent increase in silver production over the third quarter compared to the year before. The world’s largest silver producer said it was on track to meet its 2012 production target of 41m ounces of silver and 460,000 ounces of gold. In the year to date, Fresnillo [...]
Virgin to run West Coast line in short term October 15, 2012 Virgin will continue running the West Coast mainline for at least the next year after the government was forced to pull the franchise award to FirstGroup. “The current franchise is due to expire on 9 December after which it is the government’s intention that Virgin remain as operator for a short period – expected to [...]
RBS calls Virgin for deal rescue October 14, 2012 VIRGIN Money and two other institutions are in the running to take 316 branches from RBS, it emerged yesterday, two days after the planned sale to Santander collapsed. The sale was forced on RBS by the European Commission as part of the approval of its 2008 bailout, and must be completed by the end of [...]
High street resurgence will return the UK to growth by the end of the year October 14, 2012 THE UK will bounce back into economic growth in the second half of the year, driven by a resurgence in consumer spending, forecasts released by the Ernst & Young Item Club claim today. UK GDP will turn positive, inching up 0.1 per cent between October and the end of the year, the forecasting group predicts. [...]
Hammond to crack down on defence lobby October 14, 2012 PHILIP Hammond yesterday pledged to investigate defence lobbyists and “shut down” inappropriate meetings with former military leaders, in a move that could affect recently awarded military contracts. The defence secretary was speaking after an undercover sting caught some of the British military’s most respected former officers boasting of their ability to influence Ministry of Defence [...]
