RBS withdraws from Tibor panel July 5, 2012 RBS yesterday said it had withdrawn from the panels that set Tibor – the Japanese equivalent of Libor. RBS said the move was part of a strategic decision taken by chief executive Stephen Hester to rationalise its markets business. Despite the move, RBS said that it “remained committed” to the Japanese market.
Ticket price rises boost Cineworld July 5, 2012 Cineworld yesterday reported a 1.1 per cent rise in first-half revenues, boosted by a 4.1 per cent growth in box office income due to ticket price increases despite lower sales. Other income fell 18.7 per cent due to lower sales of 3D glasses, the booking fee removal and reduced ad revenues.
McBride trading hitting forecasts July 5, 2012 McBride said yesterday it expects its profit for the year just ended to hit forecasts. The provider of private label household and personal care products forecast full-year revenue growth of one per cent. Net debt at the end of the year should be in line with the board’s expectations at around £82m, it said in [...]
Westfield Group raises £450m July 5, 2012 Westfield Group, which owns London’s Shepherd’s Bush and Stratford shopping centres, yesterday raised £450m with the issuance of a 10-year sterling bond. The Australian firm is expected to use part of the money raised to pay down some of its UK debts, as well as fund new investments.
Murray: It’s time to reach my first Wimbledon final July 5, 2012 BRITISH No1 Andy Murray is adamant that nothing short of reaching his first Wimbledon final will suffice as he heads into today’s crucial semi-final showdown against Jo-Wilfried Tsonga of France. Any potential victory would make Murray the first British male to reach the All England Club’s showpiece since Henry Wilfried Austin in 1938, and though [...]
Board blamed over Van Persie exit bombshell July 5, 2012 ARSENAL’S billionaire shareholder Alisher Usmanov lashed out at the club’s board yesterday, accusing the directors of being culpable for the apparently imminent departure of captain Robin van Persie. Majority shareholder Stan Kroenke is committed to Arsenal’s so-called self-sustainability model of only investing revenues raised through the club’s activities. Yet Usmanov said that he and Kroenke [...]
Goal-line technology set for imminent Premier League use July 5, 2012 PREMIER League football finally appears to be set to benefit from the introduction of goal-line technology after its introduction was finally approved of by football’s law makers, the International Football Association Board. World football’s governing body Fifa is satisfied that two separate systems – Hawk-Eye and GoalRef – fulfill the necessary criteria, and after their [...]
Greipel beats Cavendish in sprint July 5, 2012 CYCLING: Germany’s Andre Greipel beat Britain’s Mark Cavendish in a sprint finish in the Tour de France’s fifth stage. Fabian Cancellara, at seven seconds ahead of Bradley Wiggins, remains the race’s overall leader.
Swann out of Australia one-dayers July 5, 2012 CRICKET: England spinner Graeme Swann will be rested for the final two one-day internationals against Australia in order to recover from a sore elbow. Former England batsman Mark Ramprakash, meanwhile, has announced his retirement, aged 42.
Froch set for Bute rematch in 2013 July 5, 2012 BOXING: IBF super-middleweight champion Carl Froch is set for a rematch against Romania’s Lucien Bute in Canada in March 2013. He will also defend his title in November, though an opponent has yet to be named.
