THE BREAKDOWN | WORLD CUP BRIEFS September 16, 2011 EAGLES TAKE FLIGHT The USA ensured there was no historic World Cup debut for Russia as the Eagles edged a tight Pool C encounter 13-6. The Russians, the 25th team to take part in the World Cup got on the scoreboard thanks to penalties from Yury Kushnarev and Konstantin Rachkov. But Chris Wyles responded with [...]
Kingfisher plots expansion after beating forecasts September 15, 2011 Kingfisher beat first-half earnings forecasts, helped by a drive to improve profit margins, and said it was stepping up expansion as rivals struggle in a tough market. The group, which runs market leader B&Q in Britain as well as Castorama and Brico Depot in France and elsewhere, said profit before tax and one-off items jumped [...]
How to teach that bribery doesn’t pay September 14, 2011 CORRUPTION is a bad thing. Widespread bribery can reduce a country’s GDP by up to 1 per cent, according to the World Bank. A trillion dollars is paid in bribes every year. A decade ago, a quarter of Africa’s GDP was paid in bribes. This isn’t just a problem for poor countries. A report by [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 13, 2011 FINANCIAL TIMES MICROSOFT OPENS WINDOWS TO TOUCHSCREEN Microsoft has laid out a wide-ranging plan to overhaul its Windows software platform, marking an attempt to stem the erosion of its core PC software business amid the rise of touchscreen computing popularised by Apple. Along with the first full touchscreen version of Windows, the world’s biggest software [...]
Healthcare technology is ready for an upgrade September 12, 2011 THE UK’s healthcare technology companies are producing some the world’s most innovative devices, turning profits and making the world a healthier place. However, the UK’s healthcare system does them a disservice, restricting them from punching even further above their weight. EXCITING PRODUCTS With a market capitalisation of $5.1bn (£3.22bn), Smith and Nephew stands head and [...]
THE WEEK AHEAD September 11, 2011 COMPANY NEWS ● Today, Pan African Resources announces. The Aim-listed company is producing 100,000 ounces of gold per year and will be hoping for glittering results. ● Tomorrow, Abcam and Ashmore both announce. Abcam is a biotechnology company based in Cambridge’s Science Park, which sells research antibodies. ● On Wednesday, Barratt Developments and Galliford Try [...]
SPORT | IN BRIEF September 7, 2011 Russia hockey stars among crash fatalities ICE HOCKEY: A leading professional ice hockey team was on board a Russian plane which crashed on take off yesterday, killing 43 people. The plane was carrying the Lokomotiv team, who play in the Kontinental Hockey League, whose website confirmed that Canadian coach Brad McCrimmon and Czech Republic internationals Jan Marek [...]
IRELAND September 7, 2011 DESPITE their far from encouraging pre-tournament preparations only a series of freak results would see Ireland fail to reach the quarter-finals for the second successive World Cup. Declan Kidney’s side are rooted in a transitional phase with the stars of the 2009 Grand Slam-winning side on the wane, and the young upstarts vying to replace [...]
HSBC deal to settle Madoff case rejected September 7, 2011 A US court yesterday rejected HSBC’s proposed $62.5m (£38.8m) settlement with investors in an Irish fund that lost money in Bernard Madoff’s Ponzi scheme. District Judge Richard Berman said the accord announced on 7 June “is not fair, reasonable or adequate — even at this preliminary stage” to investors in Thema International Fund. HSBC said [...]
Scotland and Republic of Ireland keep hopes alive but Northern Ireland crash September 6, 2011 SCOTLAND gave their Euro 2012 qualification hopes a shot in the arm with a crucial 1-0 home victory over Lithuania, thanks to Steven Naismith’s second-half goal. Craig Levein’s men, who saw Darren Fletcher miss a penalty, hung on in a nervous finale for only their second victory of the campaign. Naismith (right) scored just after [...]