McGeechan heads to Leeds July 23, 2012 RUGBY UNION: Former British and Irish Lions coach Sir Ian McGeechan, 65, has been appointed executive chairman of Championship Leeds Carnegie. “I am delighted to have this opportunity to come back to where it all started for me and give something back to my club,” he said.
Ferguson hopes to sign Lucas July 23, 2012 FOOTBALL: Manchester United manager Sir Alex Ferguson admits he wants to sign Brazil midfielder Lucas Moura from Sao Paulo. “We’ve shown an interest but until such time as we get a deal agreed we can’t say he’s our player,” he said.
Halliburton profit rises on international business July 23, 2012 Halliburton, the world’s second-largest oilfield services company, posted a marginal increase in second-quarter profit as its international revenues grew. Income from continuing operations rose to $745m (£480m), or 80 cents per share, in the second quarter, from $739m a year ago. Revenue rose 22 per cent to $7.2bn.
Senior reports higher profit as planemakers ramp up July 23, 2012 Aero engineer Senior reported a 20 per cent increase in first-half profit as customers such as Boeing Co and Airbus ramped up build rates to meet hefty order backlogs. The company raised its interim dividend 20 per cent to 1.38 pence per share. “Demand levels in the group’s key aerospace markets during the six-month period [...]
Dialight shares rise on profit surge July 23, 2012 Dialight’s shares have risen 7 per cent after the lighting products maker reported a 21 per cent increase in operating profit for the first half, and forecasts full-year results at the higher end of market expectations. “Dialight has again confirmed a confident outlook for FY12, on the back of revenue wins,” Peel Hunt analyst Andrew [...]
CNOOC buys Nexen for $15.1 bn July 23, 2012 China’s top offshore oil producer CNOOC has entered into an agreement to purchase Canada’s Nexen for about $15.1bn (£9.7bn), according to the Chinese company. “The aggregate value of the consideration of the proposed acquisition is approximately $15.1bn, and is to be payable in cash,” CNOOC said in a statement filed on the Hong Kong stock [...]
Amplats cuts production and capex targets July 23, 2012 Anglo American Platinum, the world’s top platinum producer, is reducing its full-year production and project spending targets, hit by chronic weakness in prices and demand for the precious metal. The miner also reported an expected 78 per cent drop in interim profit. The company cut its refined production target for 2012 to between 2.4 and [...]
Aquarius Platinum falls on weak production July 23, 2012 Shares in Aquarius Platinum fall 8 per cent to touch a 12-year low, after the world’s fourth-largest platinum producer reports a 14 per cent drop in quarterly production. Revenue for the fourth-quarter also declines 20 per cent, hurt by lower platinum prices, which fell about 12 per cent during the period. “Poor platinum price and [...]
African Barrick Gold maintains 2012 targets as costs rise July 23, 2012 Miner African Barrick Gold said it was on track to meet its 2012 production targets despite posting an 11 per cent drop in quarterly production. The Tanzania-focused company posted attributable gold production of 153,099 ounces in the three months to 30 June, 11 per cent lower than in the same period last year, after mining [...]
Coalition’s lack of courage threatens a triple-dip recession July 23, 2012 SOMETHING quite astonishing happened yesterday – and no, I’m not referring to the gorgeous weather, or to Bradley Wiggins’ Tour de Force. The real miracle was that supermarkets opened for much longer than they are normally allowed to on a Sunday, with shops describing these as “summer opening hours” (out of fear of being prosecuted [...]
