Car Talk September 18, 2012 Smart Forstars coupé concept goes on display Smart is introducing this electrically-driven Smart Forstars coupé concept at next week’s Paris motor show. The car seats two passengers, has a glass roof above – hence the name – and has a video projector in the bonnet, which is certain never to make production. What is interesting [...]
Miners and financials fall on the FTSE 100 September 18, 2012 The blue chip index sank in early trading, as headline mining and financial shares pulled it down. Electrical connections provider Volex was down by more than 30 per cent in early trading as it announced it expects full-year profit and revenue to fall short of expectations. Miners Ferrexpo and Eurasian fell by 4.68 per cent [...]
Inflation drops to 2.5 per cent in August September 18, 2012 Inflation fell to 2.5 per cent in August, spurred by a fall in the price of gas, household equipment and clothing, according to official data out this morning from the Office for National Statistics. The Consumer Prices Index measure of inflation, fell to from 2.6 per cent in July. It was partially offset by a [...]
Fortescue agrees $4.5bn debt respite September 18, 2012 Australia-focused Fortescue Metals Group has agreed a $4.5bn (£2.7bn) debt facility, as it moved to shore up its balance sheet in the wake of falling iron ore prices. The debt, underwritten by Credit Suisse and JP Morgan, gives the Perth-based company until November 2015 to make its first repayment. “Fortescue has moved quickly to ensure [...]
US stocks fall as oil prices hit energy shares September 18, 2012 US stocks fell yesterday in light trading after a rally that drove the S&P 500 last week to its highest level in nearly five years and as falling oil prices hit energy shares. The decline broke a four-day streak of gains for the S&P 500. On Friday, both the Dow and the S&P 500 ended [...]
Debenhams posts strong growth September 18, 2012 Debenhams has posted “strong” like-for-like growth over the year, with sales up 3.7 per cent in the 10 weeks to 1 September. The clothing retailer, which has 167 stores in the UK, Ireland and Denmark, said pre-tax profit was expected to be up on last year. Online sales were up 40 per cent in the [...]
Mourinho: City WILL become kings of Europe September 18, 2012 REAL Madrid manager Jose Mourinho believes tonight’s opponents Manchester City are certain to win a first Champions League title and that the only true question concerns when. It is at the Bernabeu that Mourinho’s men will attempt to defeat the wealthy Premier League champions but regardless of if they do so, the Portuguese, winner of [...]
Moyes believes official errors cost Everton September 18, 2012 EVERTON manager David Moyes blamed the officials’ poor decisions for his side’s 2-2 Premier League draw at home to Newcastle last night. After Nikica Jelavic had an early effort correctly disallowed for offside, Marouane Fellaini later had another disallowed before Victor Anichebe’s header crossed the line without being given to leave Moyes’s men vulnerable to [...]
2015 RWC wants Olympic Stadium September 18, 2012 LONDON 2012’s Olympic Stadium is in contention for use at the 2015 Rugby World Cup, even though the stadium’s future remains uncertain. A list of 10 to 12 venues needs to be submitted by the World Cup’s organising committee at the start of 2013 and should the Olympic Stadium by then have a tenant, it [...]
England don’t need Pietersen to keep T20 title, says Watson September 18, 2012 ENGLAND’S youngsters can compensate for the absence of outof- favour batsman Kevin Pietersen when they begin their World Twenty20 title defence this week, says Australia’s Shane Watson. Stuart Broad’s defending champions continued their preparations for the tournament, which starts today in Sri Lanka, with a morale-boosting nine-run win over the Aussies in Colombo. Nottinghamshire’s Alex [...]
