Renault hit by €3bn loss after crisis year February 11, 2010 FRENCH carmaker Renault posted a wider-than-expected yearly net loss yesterday and fought shy of predicting a profit in 2010, sending its shares down more than five per cent. Renault , maker of the Twingo, Clio and Modus models, expects economic conditions to remain tough in 2010 and sees a 10 per cent drop in the [...]
CITY MOVES | WHO’S SWITCHING JOBS February 11, 2010 HSBC The bank has appointed Chris Barrow as global head of sales for its recently-launched HSBC Prime Services business, targeted at hedge funds and institutional fund managers across Europe and Asia. Barrow joins from Nomura, where he was international head of sales for prime services, and has also worked as head of sales and marketing [...]
BEST OF THE BROKERS February 11, 2010 BHP BILLITON Standard & Poor’s says that BHP’s first-half earnings were stronger than expected, although still 28 per cent lower year-on- year. The broker agrees with the group’s statement that China is key to short-term prospects, and thinks that concerns over monetary tightening are overdone. Maintains its “Buy” recommendation. PUNCH TAVERNS Collins Stewart’s target price [...]
Cole out for season with broken ankle February 11, 2010 CHELSEA defender Ashley Cole is sweating on his place in England’s World Cup squad after being ruled out for three months with a broken ankle. Cole, who suffered the injury during Wednesday’s 2-1 defeat to Everton, is unlikely to play again this season unless Chelsea reach the Champions League final. The left-back will miss England’s [...]
Underestimate Italians at your peril, warns Haskell February 11, 2010 ENGLAND’S try hero James Haskell has warned his side not to underestimate Italy on Sunday – insisting the Azzurri are capable of springing a Six Nations upset. The Italians have never beaten England since joining the Six Nations 10 years ago and are rank outsiders to break that duck when the pair lock horns in [...]
Seaman: Loyal Fabregas will follow Vieira’s path February 11, 2010 ARSENAL legend David Seaman expects captain Cesc Fabregas to resist a summer move to Barcelona and stay at the club until late in his career, like Patrick Vieira. Fabregas, 22, has been strongly linked with a return to his boyhood club at the end of the season, although both he and Barca have denied reports [...]
Same again for Johnson’s men in Rome February 11, 2010 AT 20-3 up and with a man advantage, England should really have put Wales to the sword at Twickenham last Saturday and racked up a 40-point score. It was a little bit of naivety on their side, but that comes with experience and didn’t hinder what was, otherwise, a very impressive win. This week against [...]
McGeechan lands role as adviser at Gloucester February 11, 2010 SIR IAN MCGEECHAN is back in rugby after agreeing to join forces with protege Bryan Redpath at Gloucester. McGeechan, who led the British Lions on four occasions and also coached Wasps and Scotland, has agreed to join the coaching staff at Kingsholm in an advisory role. Head coach Redpath worked under McGeechan when playing for [...]
Terry would be applauded says Blatter February 11, 2010 DETHRONED England captain John Terry received support from an unlikely source yesterday when outspoken Fifa president Sepp Blatter suggested his alleged infidelity would be applauded in Latin countries. Terry was stripped of the England captaincy by head coach Fabio Capello after a week of lurid headlines over an alleged affair with the former partner of [...]
Giggs to miss Wembley final after fracturing right arm February 11, 2010 MANCHESTER UNITED winger Ryan Giggs has been ruled out of action for four weeks after fracturing his arm in Wednesday’s Premier League clash with Aston Villa. The 36-year-old has his right arm in a sling after tussling with Villa’s Steve Sidwell during the second half of the 1-1 draw at Villa Park. As a result, [...]
