Allarydce talks up ex-Toon duo after steely win November 11, 2012 NEWCASTLE UNITED 0 vs WEST HAM UNITED 1 WEST HAM manager Sam Allardyce praised his former Newcastle players Kevin Nolan and Andy Carroll after the pair helped their new team to an impressive win at St James’ Park. A 37th minute goal from Nolan gave the visitors the advantage at the break, and Allardyce’s team [...]
Irish fight back as Welsh crash out of LV= Cup November 11, 2012 LONDON Irish produced a remarkable second-half turnaround to gain revenge over Sale Sharks yesterday with a 34-28 bonus-point win in the LV= Cup. Matt Garvey was the hero, crossing twice for the Exiles as George Skivington and Shane Geraghty also went over for the home side. London Welsh, however, were put to the sword by [...]
All Blacks too strong for Scotland November 11, 2012 Three tries late in the first half saw New Zealand crush Scotland’s resistance and win 51-22 at Murrayfield yesterday. Wing Tim Visser crossed twice as Scotland became the first side this year to score three tries against the All Blacks, but the visitors, who face England next month, responded through Julian Savea (2), Israel Dagg, [...]
Hopkins up next for Cleverly November 11, 2012 Welshman Nathan Cleverly is expected to be offered a fight against veteran Bernard Hopkins after defending his WBO light-heavyweight title against American Shawn Hawk in Los Angeles. Cleverly downed Hawk three times, on the last occasion in the eighth round to retain his title for a fourth time. Meanwhile, IBF, IBO, WBF and WBO heavyweight [...]
London & Stamford makes offer for Metric November 9, 2012 Property investment company London & Stamford today made a £209m takeover offer for developer Metric Property Investments, three days after announcing they were in advanced discussions to merge their businesses. London & Stamford is offering 0.94 of its shares for every Metric share. Under the terms of the merger, Metric would own 25 per cent [...]
Indonesian Bumi Resources begins second probe November 9, 2012 Indonesian coal miner PT Bumi Resources said today it will submit a second independent investigation on its accounts. It follows London-listed Bumi’s investigation into alleged financial irregularities at Indonesian arm Bumi Resources. The probe, led by City law firm Macfarlanes, is expected to conclude this month. Bumi, co-founded by financier Nat Rothschild, owns 29 per [...]
Trade deficit beats forecasts in September November 9, 2012 Britain’s trade deficit narrowed more than expected to £2.7bn in September, compared with a deficit of £4.3bn in August. Britain’s economy bounced out of recession in the third quarter, growing by one per cent, but weak economic data since then had made some analysts concerned that this growth figure could be revised lower. Official figures [...]
Diageo buys stake in United Spirits November 9, 2012 Diageo announced today it would acquire a 53.4 per cent share of Indian United Spirits for around $2.1bn (£1.32bn). The purchase, which concludes an on-again, off-again courtship that began in 2008, would be the biggest inbound Indian M&A deal since British oil firm Cairn Energy sold a majority stake in its Indian business to Vedanta [...]
FTSE 100 down as investor sentiment drops November 9, 2012 The leading share index was down this morning, consolidating overnight losses in Asia and the US. Miners led the fallers in early trading, with Eurasian Natural Resources, Kazakhmys and Anglo American among the blue chips feeling the heat. On the FTSE All-Share, Finnish miner Talvivaara slid more than nine per cent in early deals. Yesterday [...]
Rolls-Royce confident on targets November 9, 2012 Power systems firm Rolls-Royce said this morning it expects to post good growth in underlying revenue and profit for the year, despite forecasting flat revenue in its marine division. The FTSE 100 firm said guidance for all business segments remained unchanged, except in its marine division, where revenue would be broadly flat due to “phasing [...]
