Banker Dunguib could be a damp squib for bookies March 15, 2010 Here we are at last at the best week of the year – it feels like Christmas, birthday, and New Year’s Eve all rolled into one. But what we all want to know is who’s going to win, where’s the money going and which of the contenders have us bookies running scared? And this year [...]
WHAT THE OTHER PAPERS SAY THIS MORNING March 15, 2010 THE SUNDAYS The Sunday Telegraph NIGERIA’S STATE OIL TO GO PRIVATE Nigeria’s state-owned National Petroleum Corporation (NNPC) has initiated talks with investment banks including Standard Chartered, JP Morgan, and Deutsche Bank to explore financing options as it changes into a fully privatised commercial company. GAMING GIANT TO SEEK LISTING Gala Coral, which is set to [...]
Conditions deemed ‘perfect’ for a memorable Festival March 14, 2010 RACING conditions at Cheltenham are said to be perfect for this week’s four-day Festival, which gets underway tomorrow. Improving weather means the going is described as good to soft, good in places on both Old and New Courses and good to soft in places on the cross-country course. Officials stopped watering both courses last Thursday [...]
Darling rules out a giveaway budget but tax rises not expected March 11, 2010 Alistair Darling says his budget on 24 March will not be a “giveaway.” He said the budget, Labour’s last chance to set out its plans for the economic recovery, before an expected 6 May election, will be “a budget for the times in which we live.” He said: “I don’t think anyone’s expecting some sort [...]
Home Retail ups forecast March 11, 2010 HOME retail Group – which owns Argos and Homebase – has tipped its pre-tax profit for the year to come in at £290m. The figure is slightly ahead of its earlier forecast of £285m for the year to 27 February. Argos sales fell 9.4 per cent while sales at its home improvement operation Homebase declined [...]
Qinetiq braced for heavy cuts March 7, 2010 QINETIQ chief executive Leo Quinn looks set to announce a number of stinging cost cutting measures in order to stem the losses at the defence group. The Hampshire based company was forced to issue two profit alerts in the last few months, warning that the cost of war in Afghanistan had resulted in lower spending [...]
Sports Direct mulls a cash bid for Blacks March 2, 2010 SPORTS Direct yesterday said it is considering a takeover offer for Blacks Leisure. Mike Ashley’s group, which has brands including Slazenger and Dunlop, already owns almost 30 per cent of Blacks shares. It said it is “evaluating a possible cash offer for the entire issued and to be issued share capital of Blacks”. The company, [...]
Sports Direct considers bid for Blacks March 2, 2010 SORTS Direct says it is considering a takeover offer for Blacks Leisure. Mike Ashley’s Sports Direct, which has brands including Slazenger and Dunlop, already owns almost 30 per cent of Blacks shares. It said it is “evaluating a possible cash offer for the entire issued and to be issued share capital of Blacks”. The company, [...]
Poor results for big names in telecoms February 25, 2010 France Telecom and Deutsche Telekom’s celebration of the merger between their Orange and T-Mobile brands in the UK will be muted after both reported disappointing annual results. Deutsche Telekom reported revenue of €64.6bn (£57.2bn), up 4.8 per cent on 2008, largely due to acquisitions. But full-year net income plummeted 76 per cent from €1.5bn in [...]
Flat track bully Madison can give Pipe his first Racing Post Chase February 25, 2010 IN THE past 11 years only two horses have won Kempton’s Racing Post Chase (3.05pm, tomorrow) carrying less than 11stone and four have shouldered at least 11st10lbs. In short, this race goes to the best horses and there are only two who will carry more than 11stone tomorrow: Nacarat and MADISON DU BERLAIS. Tom George’s [...]