International Power jumps on deal talk February 8, 2010 Shares in International Power surged by more than five per cent yesterday following talk that French utility GDF Suez is mulling a revised offer for the power station owner, including a cash element, after talks over a possible asset tie-up collapsed in January. The stock later closed up two per cent at 320.6p during a [...]
Electric taxi cab gears up for a London launch February 8, 2010 ELECTRIC taxis could soon hit London’s streets, after a prototype model was unveiled yesterday. Britain’s Eco City Vehicles has launched an electric prototype of the Mercedes Vito taxi, which it will trial later this year to test its suitability for use as part of London’s iconic black taxi fleet. “The eVito is the first all-electric [...]
Terry thanks fans for show of support February 8, 2010 CHELSEA skipper John Terry last night broke his silence to thank “every single fan” who has rallied around him after the most turbulent week of his career. Terry was stripped of the England captaincy on Friday following a series of allegations about his private life in the tabloid press. But the defender was given a [...]
Turner urges closer control of credit growth February 8, 2010 The expansion of credit needs to be more carefully controlled, Lord Turner, the chairman of the Financial Services Authority (FSA) said in an interview yesterday. “I am more and more convinced that we need to control the expansion of credit, independently of monetary policy,” he said in France’s La Tribune newspaper. He praised China, Germany [...]
Tullow set for a green light from Uganda February 8, 2010 HERITAGE Oil yesterday said it expects to receive approval from the Ugandan government for the $1.5bn (£960m) sale of its lucrative oil fields in the country to FTSE 100 oil explorer Tullow Oil. “Heritage and Tullow are working closely with the Ugandan government to obtain the formal approval of the sale, which is expected imminently,” [...]
LIFE’S A BREES FOR DREW February 8, 2010 THE New Orleans Saints stunned the Indianapolis Colts 31-17 to complete a fairytale victory in Super Bowl XLIV in Miami. Quarterback Drew Brees, pictured with the Vince Lombardi Trophy alongside coach Sean Payton, equalled the Super Bowl record for completion after hitting on 32 of 39 passes for 288 yards and two touchdowns on his [...]
Wales victory eclipses World Cup, says Easter February 8, 2010 NICK EASTER believes England’s victory over Wales on Saturday is even more significant than reaching the World Cup final in 2007. The Harlequins No8 is one only a handful of survivors from the successful campaign in France, where they narrowly lost out in the final to South Africa. But he insists the achievements of Martin [...]
Metro Bank lures senior City talent to its start-up team February 8, 2010 METRO Bank, the start-up high street lender backed by US billionaire Vernon Hill, has poached Royal Bank of Scotland’s (RBS’s) former managing director of retail banking to head up its fledgling management team. Craig Donaldson joins from RBS as Metro’s chief executive, and will be joined by a number of fellow senior City bankers. Paul [...]
Allen & Overy opens Oz office February 8, 2010 Allen & Overy, one of the UK’s top five law firms, has launched a new practice in Australia to boost its reach in the Asia-Pacific region. The “magic circle” City firm, which employs 5,000 staff across the globe, said the Australian practice would be made up of 17 partners in two offices in Sydney and [...]
Rory must now learn to win February 8, 2010 THE rise and rise of Rory McIlroy goes on it seems with the young Northern Irishman now at a career-high seventh in the world. That, for a young man of 21, is an incredible achievement. What’s just as amazing about Rory’s leap into the world’s top 10 is that he has done so having won [...]
