Northgate wins placing support August 12, 2009 Northgate, the van hire company, yesterday said that 97.5 per cent of shareholders had backed its rights issue. The group wants to raise around £115m from a placing and rights issue to shelter it from the downturn, which has hit the value of its vehicles.
Norcros sees sales slightly down August 12, 2009 Shower and tile maker Norcros yesterday reported sales down 3.7 per cent at constant currency levels in the 18 weeks to 2 August. The company said in a trading update that its UK businesses had continued to perform well, but warned that its South African operations had been hit by falling demand.
AIG offloads pair of businesses August 12, 2009 US insurer giant AIG said yesterday that it is to sell its Hong Kong finance business to China Construction Bank Asia for $70m in cash and $557m in debt. The group is also selling its Indian IT unit to MphasiS for an undisclosed sum.
Defoe brace rescues England August 12, 2009 HOLLAND (2) vs ENGLAND (2) ENGLAND boss Fabio Capello insisted he remained calm at half-time after substitute Jermain Defoe spared his side’s blushes in Amsterdam last night. Comedy defensive errors from Rio Ferdinand and Gareth Barry handed the Netherlands a 2-0 lead at the break before Defoe climbed off the bench to earn his side [...]
Burley still buoyant as Scots crash August 12, 2009 SCOTLAND boss George Burley insists his team are still on course for a World Cup qualifying play-off spot despite crashing to a 4-0 defeat to Norway in Oslo. The Scots had defender Gary Caldwell sent off on 34 minutes for two bookable offences, prompting Norway to take control and open up a two-goal lead at [...]
Ramprakash tells England: I’m all yours August 12, 2009 MARK RAMPRAKASH last night issued a “come and get me” plea to the England selectors on the day his rivals for a batting spot in next week’s Ashes decider flopped on their county returns. The 39-year-old averages an impressive 100.75 with the bat for Surrey this season and is being strongly linked with a return [...]
Harrington has mindset to defend US PGA title August 12, 2009 DEFENDING champion Padraig Harrington admits he may still be six months away from perfecting his swing, but the Irishman is confident of retaining the US PGA Championship this weekend. Harrington posted his best result of the year on Sunday, when he finished in a tie for second behind Tiger Woods at the WGC Bridgestone Invitational. [...]
Quins chief is sorry for blood feigning saga August 12, 2009 HARLEQUINS chief Mark Evans has written to the club’s fans to apologise for the blood-feigning affair. Winger Tom Williams was banned for 12 months after being found guilty of faking an injury in against Leinster in April. “We have to accept we have been found guilty of behaviour that cannot be accepted or condoned and [...]
FSA AND TORIES AT WAR OVER BONUSES August 12, 2009 THE FINANCIAL Services Authority (FSA) and the Tories were at loggerheads last night over the regulator’s plans to reform bank bonuses. The FSA, which published its final remuneration code yesterday, faced claims that it had watered down its proposals in the face of pressure from City bankers. But the City watchdog hit back, saying it [...]
Cattermole joins Black Cats August 12, 2009 FOOTBALL: Sunderland last night completed the £6m signing of England Under-21 midfielder Lee Cattermole from Wigan. Cattermole has penned a four-year contract at the Stadium of Light, where he will again work under manager Steve Bruce, who signed him for Wigan from Middlesbrough last summer. The combative 21-year-old is in line to make his Black [...]