Vettel penalty lifts Button to second place July 22, 2012 BRITAIN’S Jenson Button hailed the pace of his McLaren after snatching a surprise second place at the German Grand Prix yesterday. Button was promoted one place after Red Bull’s Sebastian Vettel landed a 20-second penalty for an illegal overtaking manoeuvre at Hockenheim. Ferrari’s Fernando Alonso extended his lead in the drivers’ championship with a third [...]
Villas-Boas condemns Modric July 22, 2012 Tottenham manager Andre Villas-Boas has criticised midfielder Luka Modric after the Croatia international failed to join the club’s tour of America. He said: “I think Modric is wrong. This will go against him. He has worsened the situation with what he’s doing and now the chairman [Daniel Levy] is very angry.”
Hodgson happy without publicity July 22, 2012 England manager Roy Hodgson admits the attention he now receives can be difficult. “I don’t know how much I enjoy it,” he said.
London Time – Fast Times July 20, 2012 In our latest watch feature we look at the best sports watches on the earth, discover the preferred watches of the top athletes, discover the best diving watches and talk to watch enthusiast and US Masters champion Bubba Watson. Also introducing a video by The Watch Gallery, interviewing Bremont co-founder Nick English on building a [...]
John Lewis sales rise July 20, 2012 John Lewis, Britain’s biggest department store company, has reported a double-digit rise in weekly sales – a result of its summer sales, poor weather and the Olympics. The employee-owned firm announced an increase in department store sales of 17.3 per cent year-on-year to a total of £70.3m in the week ending 14 July. Dino Rocos, [...]
FTSE edges down as UK borrowing rises July 20, 2012 Telecoms giant Vodafone pushed the FTSE 100 lower while UK government borrowing came in above estimates this morning. The Office for National Statistics said that public sector net borrowing excluding financial sector interventions rose last month to £14.4bn from £13.9bn in June 2011. On London’s blue chip index Vodafone fell 1.3 per cent after the [...]
June public borrowing higher than forecast July 20, 2012 The UK Government borrowed more than expected in June as a weak economy continued to weigh on public finances, official data showed on Friday. The Office for National Statistics said that public sector net borrowing excluding financial sector interventions — the government’s preferred measure — rose last month to £14.5bn from £13.9bn in June 2011. [...]
De Beers earnings halve July 20, 2012 De Beers, the world’s largest diamond producer by value, said earnings halved in the first six months of the year amid tough trading conditions. The results contrast with a bumper start to last year, and the remainder of 2012 is set to remain challenging. De Beers, which vies with Russia’s Alrosa for the title of [...]
Heineken tops Thai offer in $4.1 bn APB bid July 20, 2012 Heineken NV launched S$5.1bn ($4.1bn) counter-bid for Asia Pacific Breweries (APB) on Friday, beating a surprise offer for the maker of Tiger Beer by a Thai billionaire and setting the stage for a two-way battle. The fight for APB comes amid a wave of industry consolidation and steady growth for emerging-market beer sales. The S$3.8bn [...]
Vodafone growth dips July 20, 2012 Vodafone posted a sharp drop off in organic growth in the first quarter, dragged down by weak trading in Italy and Spain and a worse performance in Britain. The British firm had outperformed its peers in the last year but the tough conditions across Europe forced the group to cut its medium-term outlook and write [...]