Crisis in the Eurozone is brewing up security problems for years ahead February 3, 2013 IN HIS speech on Britain’s relationship with the EU, David Cameron reminded us that European politics is still characterised by a competition for influence in pursuit of the national interest. There is, of course, no longer a military dimension to that contest. A common European market and common institutions have weakened the link between economics, [...]
Odemwingie farce mars QPR triple signing January 31, 2013 QUEENS Park Rangers broke their transfer record for the second time in a month yesterday by signing former Blackburn defender Christopher Samba from Russian side Anzhi Makhachkala for £12.5m. Samba joined Rangers on a four-and-a-half-year contract hours before last night’s deadline, replacing former Ewood Park team-mate Ryan Nelsen, who has left to manage Toronto FC, [...]
Samba set to join Yun as QPR and Fulham eye late swoops January 30, 2013 QUEENS Park Rangers look certain to be the Premier League’s biggest players before tonight’s transfer deadline, with manager Harry Redknapp still working on several last-minute deals yesterday. A defender and a striker remain Redknapp’s priorities, despite the arrival of South Korea left-back Yun Suk-Young following the successful bid to obtain a work permit. Former Blackburn [...]
Polymetal gives upbeat outlook as denies tie-up January 30, 2013 RUSSIAN precious metals producer Polymetal yesterday denied merger talks with peer Polyus Gold, as it said it was on track to produce 1.2m troy ounces of gold equivalent in 2013. A spokesperson from the FTSE 100 company yesterday told City A.M. that Polymetal was not in discussions with fellow Russian gold producer Polyus Gold regarding [...]
Billionaire duo shortlisted for $4bn Polyus Gold shareholding January 29, 2013 TWO Russian billionaires have been shortlisted to buy a stake in Polyus Gold, sources said, in a deal which could pave the way for a merger with rival Polymetal to create a national gold mining champion. Sources close to the matter said retail boss Zelimkhan Mutsoyev and fruit juice magnate Gavriil Yushvayev wanted to buy [...]
Output drops at Severstal January 29, 2013 RUSSIAN steelmaker Severstal yesterday posted a one per cent drop in crude steel output over 2012, with the biggest drop seen in its Russian operations. The steelmaker said that crude production of the metal fell to 15.14m tonnes last year, down from 15.29m tonnes over the previous year. Russian steel output plunged seven per cent [...]
Polyus Gold output jumps January 28, 2013 REFINED gold output at Russian producer Polyus Gold jumped by 12 per cent last year to a record 1.68m ounces, it said yesterday. The gold producer, which exceeded its 2012 production target by five per cent, yesterday recorded the fifth consecutive year of growth in gold output. The yellow metal producer forecast refined gold production [...]
FTSE 100 steadies near highest level since 2008 January 28, 2013 The blue chip index was steady this morning, flatlining near its highest level in four and a half years at the start of a busy week for FTSE 100 earnings news. Buoyant copper prices pushed up Eurasian Natural Resources and Chilean miner Antofagasta, up 1.27 per cent and 0.8 per cent respectively. Russian precious metals [...]
United spend £15m on Palace forward Zaha January 24, 2013 CRYSTAL Palace and England forward Wilfried Zaha is poised to seal a dream £15m transfer to Manchester United, but will remain in south London until the summer to help the Eagles bid for promotion. The Ivory Coast-born 20-year-old, who was handed his first international cap by Roy Hodgson in last year’s friendly defeat in Sweden, [...]
M’Vila snubs QPR for Russia move January 23, 2013 FOOTBALL: Queens Park Rangers have missed out on transfer target Yann M’Vila after the France midfielder signed for Russian side Rubin Kazan for £8m. Meanwhile manager Harry Redknapp has named defender Clint Hill captain, with former skipper Ryan Nelsen set to leave to manage Toronto FC at the start of next month.