Robson goes down fighting to Jankovic June 21, 2010 TALENTED British teenager Laura Robson shows she has the stomach for a fight after putting on a promising display against world No4 Jelena Jankovic on Centre Court. The 16-year-old former junior champion was handed a wildcard for the main draw after rising to 234 in the world rankings. And she showed just why she is [...]
Gold at new high after Saudi Arabia doubles its reserves June 21, 2010 GOLD surged yesterday to a fresh high of more than $1,265 (£857) after it was revealed that Saudi Arabia’s reserves of the precious metal had doubled. New estimates from the World Gold Council published yesterday revealed that the world’s largest oil exporter has twice as much gold as previously thought. The World Gold Council’s quarterly [...]
Russia cuts Belarus gas supply June 21, 2010 Russia’s gas monopoly Gazprom started to cut supplies to neighbouring Belarus as a dispute over unpaid debts escalated yesterday. Belarus said it would pay its gas bills within two weeks. The EU has expressed concern at Russia’s promise to extend the cuts.
BP’s Hayward to head east June 20, 2010 TONY HAYWARD, BP’s embattled chief executive, is to launch a Russian charm offensive in a bid to calm the nerves of President Dmitry Medvedev over the group’s future. Although the timing of the meeting has yet to be confirmed, Hayward intends to meet with Medvedev to reassure him that BP can survive the liabilities of [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 16, 2010 CHÁVEZ ATTACKS ECONOMIC CRITICS Hugo Chávez has strongly defended his economic record as president of Venezuela after a turbulent year in which the country has been rocked by recession and 30 per cent inflation. Chávez used an interview to assail his critics in the US and Europe, saying the performance of the Venezuelan economy contrasted favourably [...]
Goldwind IPO in Hong Kong is cancelled June 14, 2010 CHINA’S second-largest wind turbine maker, Xinjiang Goldwind Science & Technology, has pulled its up-to-$1.2bn (£814m) initial public offering, the fifth Hong Kong IPO shelved since last month. With around $3.8bn in public offerings pulled from the Hong Kong Stock Exchange in the last few weeks, the dead deals reveal the impact of the sharp drop [...]
Dutch have grown as a team, insists veteran Gio June 13, 2010 FORMER Arsenal defender Giovanni van Bronckhorst believes Holland have learned their lesson from their Euro 2008 campaign and are ready to mount a strong World Cup charge. The 35-year-old veteran wins his 100th cap for the Dutch against Denmark in Johannesburg today and says the team have grown from the disappointment of two years ago [...]
Worries about Eastern Europe are overblown June 9, 2010 IN HIS office overlooking the river Danube, the new Hungarian Prime Minister Viktor Orban might well be regretting throwing the fiscal state of his country into the limelight and drawing unwanted attention from the markets. In hindsight, comments from his spokesman outlining the gravity of Hungary’s economic situation and stating that a default on its [...]
RUSSIA BECOMES LARGEST OIL PRODUCER June 9, 2010 RUSSIA overtook Saudi Arabia to become the world’s leading oil producer in 2009, while global oil consumption fell the most since 1982, BP has said. According to the oil giant’s latest Statistical Review of World Energy, Russia increased oil production by 1.5 per cent in 2009, claiming a 12.9 per cent market share.
WHAT THE OTHER PAPERS SAY THIS MORNING June 7, 2010 FINANCIAL TIMES ROCKHOPPER set for $40m CASh CALL Rockhopper, the first explorer to find oil on the Falkland Islands, is priming a £40m cash call that could be launched this week. The Aim-quoted oil company, one of three small UK wildcat explorers drilling for Falklands oil, has been working with broker Canaccord Adams to sound [...]