Drogba’s staying and we are ready to spend, say Chelsea July 28, 2010 CHELSEA have attempted to nail speculation linking Didier Drogba with a move away by categorically declaring the striker will remain at Stamford Bridge next season. Drogba’s agent revealed earlier this month that Manchester City had made contact over a transfer, and hinted that the Ivory Coast star could be tempted by a move to Eastlands. [...]
Contador quits team Astana July 28, 2010 CYCLING: Tour de France winner Alberto Contador is to leave Astana at the end of the season. The Spaniard, who has won two of his three Tours in Astana colours, rejected the team’s offer to extend his contract, admitting he was considering offers elsewhere. A representative of Contador said: “The position of both parties was [...]
Campbell seals Newcastle move July 28, 2010 FOOTBALL: Sol Campbell has set his sights on restoring Newcastle to their former glories after joining the club on a one-year deal yesterday. The 35-year-old was a free agent after his deal at Arsenal ran out at the end of the season. Campbell said: “I’d like to thank Chris Hughton for putting his faith in [...]
Tendulkar leads India charge July 28, 2010 CRICKET: Sachin Tendulkar smashed his 48th Test century to lead the India recovery in the second Test against Sri Lanka. Chasing 624-4dec, India battled to 382-4 at the close, thanks to 108 not out from Tendulkar, including an unbroken stand of 141 with debutant Suresh Raina, who added 66no. Virender Sehwag earlier fell to Suraj [...]
BAA halves losses July 28, 2010 AIRPORT operator BAA halved its first-half losses, helped by lower one-off charges, as passenger numbers fell 4.5 per cent on disruption caused by a volcanic ash cloud and strikes by British Airways staff. BAA, which is owned by Spain’s Ferrovial, said its pre-tax loss narrowed to £279.7m as revenues climbed 2.2 per cent to £957.6m. [...]
Carphone Warehouse boosted by smartphones July 28, 2010 CARPHONE Warehouse beat quarterly revenue forecasts, boosted by demand for smartphones, and said its megastore partnership with US group Best Buy had a successful launch. The British group it remained cautious about the economic environment but was confident of achieving the full-year guidance it outlined in April. Sales at stores open at least a year [...]
Apollo raises bid for Brit Insurance July 28, 2010 Brit Insurance has said Apollo Management had raised its takeover bid to £10.75p a share, valuing it at about £850m ($1.32bn), and that it has opened its books to the US buyout firm. The Lloyd’s of London insurer had rebuffed an improved takeover proposal of £10.50p per share earlier this month, up from Apollo’s original [...]
Lloyds shelves plans to ditch stake in St James’s Place July 28, 2010 UK wealth manager St James’s Place said its majority shareholder Lloyds Banking Group has shelved plans to dispose of its majority stake ending months of uncertainty that had depressed the shares. “The directors recognise that there has been growing uncertainty over the intentions of our majority shareholder… Lloyds has indicated that it has no intention [...]
easyJet revenue up despite ash cloud chaos July 28, 2010 Airline easyJet posted a 5.3 per cent rise in third-quarter revenue, despite disruption caused by volcanic ash, and said it would report an annual profit of at least £100m. The airline, the biggest carrier at Gatwick airport, said sales rose to £759.2m in the three months to the end of June but that the ash [...]
Centrica profit soars by 65pc July 28, 2010 ENERGY supplier Centrica has seen its operating profit soar by 65 per cent in the first half of the year. Centrica, which is the parent company pf British Gas, saw a profit of £1.56bn up until the end of June. British Gas profits doubled to £585m compared to £295m last year. The cold weather at [...]