Sony soaring on a windfall October 28, 2005 Sony reported a better-than-expected rise in second-quarter profits due to a pensions windfall that offset falling prices in electronic products and high restructuring charges. The electronics giant announced a 52 per cent rise in operating profits to Y65.9bn (£320m) for the three months to 30 September, although sales remained the same as last year at [...]
Murray sends Tim packing October 27, 2005 Andrew Murray began the process of becoming Britain’s top tennis player by beating the current incumbent Tim Henman in round one of the Swiss Indoor Tournament in Basel. Murray defeated the British number one 6-2 5-7 7-6 (7-4) in their first ever encounter in a meaningful match. The Scottish teenager broke Henman twice early in [...]
Holders Chelsea crash out October 27, 2005 Charlton knocked holders Chelsea out of the Carling Cup but only after a penalty shoot-out at Stamford Bridge. It was the Blues’ first taste of defeat this season, coming on the back of their first dropped points in the Premiership at Everton’s Goodison Park last weekend. Defender Robert Huth was the only player to miss [...]
Liverpool are in reverse and Rafa is to blame October 27, 2005 If there were any remaining doubts that Liverpool’s post-Istanbul party was well and truly over, they were blown away at Selhurst Park on Tuesday night — the champions of Europe humbled by a Championship side. Well done, Crystal Palace but what on earth is going on at Anfield? The answer, for me, is simple: Liverpool [...]
The house scouts who do all the leg work October 27, 2005 Buy-to-let investors don’t always have the time and the knowledge to find the perfect property. It is still possible to make a living out of buy to-let — by setting up a business that helps others find and run the right investments. Buy-to-let support staff are multiplying fast in a property market which seems unable [...]
Rubies and icons come from Russia with love October 27, 2005 Annushka Ducas set up a jewellery company in 1990 to help her mother out with some cufflinks. Since then she and Links have come a long way. Annushka Ducas has come back from Russia with a jewellery collection. For a woman who wasn’t the founder of Links of London this would mean a major over-spend [...]
Amazon’s ebbs and flows October 27, 2005 The dotcom giant is at the forefront of growth in the online retail industry. Its sales have just kept on growing, hitting $1bn in America and Canada. But yet its share price has taken a tumble this week. Wall Street is always falling in and out of love with Amazon. In the online retailer’s 10-year [...]
EMH bucks car sales trend October 27, 2005 Car dealership European Motor Holdings (EMH) outperformed the market in the first half despite a sluggish demand for new cars from cash strapped consumers. EMH said the number of new cars sold at its franchises increased marginally over the period despite a 6 per cent fall in the registrations of new cars in Britain during [...]
First Choice is buoyed by determined sunseekers October 27, 2005 Travel operator First Choice said its business had not been stymied by the high street spending slowdown as customers were scrimping to ensure they could still “get away from it all”. “Fundamentally there is a very strong demand for travel experiences,” said First Choice chief executive Peter Long. “When I feel good I trade up, [...]
Relief at CAT Abbott deal October 27, 2005 Cambridge Antibody Technology (CAT) has reached an agreement with American pharmaceutical firm Abbott about how much it should get in royalties from the sale of the blockbuster arthritis drug Humira. The deal, which sent shares in the loss-making British biopharmaceutical company up almost 4 per cent, has headed off a Court of Appeal’s case scheduled [...]