News archive from 10 February 2011

Activision Blizzard's sales fall

The company's revenue was $1.42 billion, down 8 percent from $1.55 billion a year earlier. Activision Blizzard also said it would repurchase up to $1.5 billion of outstanding common stock. Santa Monica, California-based Activision Blizzard shares...

 
Bank bonuses bounce back as Treasury signs Project Merlin truce

Bank bonuses bounce back as Treasury signs Project Merlin truce

Labour, the unions, economists and critics of high pay are lining up to argue that the government's Project Merlin – the truce with the banks over bonuses, taxation and lending – does not tackle the promises made by the coalition to crack down on...

Guardian, 22:04 in Business
 
Six Nations 2011: Unleashing Toby Flood allows England to flow

Six Nations 2011: Unleashing Toby Flood allows England to flow

With every passing day England sound a happier, more purposeful team. No one is suggesting they are suddenly invincible but, compared with 12 months ago, the difference is almost tangible. The catalyst? Examine their fortunes before and after Toby...

Guardian, 22:07 in Sport
 
Lower staff bonuses, more lending to small businesses and transparent pay for top executives: Osborne thrashes out new deal with banks

Lower staff bonuses, more lending to small businesses and transparent pay for top executives: Osborne...

The sector is expected to report a combined £24 billion profits haul for 2010. Mr Balls said: 'Yesterday the Chancellor confirmed in his Today programme mini-budget that he is cutting taxes to the banks this year compared to the last. 'Today we find...

 
Egypt crisis: Doubts rise over Omar Suleiman's handling of situation

Egypt crisis: Doubts rise over Omar Suleiman's handling of situation

Omar Suleiman may be starting to deserve the adjective "embattled" that has often been attached to his boss, Hosni Mubarak, since Egypt's uprising began. Appointed vice-president as a safe and loyal pair of hands, Mubarak's former...

 

Is this Pakistanism in Sudan? | Ali Mazrui

The referendum in Sudan, which will result in the secession of the south, is the first redrawing of an African colonial border by popular vote. The question many are asking is whether this will create a precedent across the continent. When African...

 

Alexis Petridis on ad-hoc protest songs

Lethal Bizzle's Pow! and the Bangles' Walk Like an Egyptian have found an unexpected second lease of life as soundtracks to insurrection: the former was played during the student protests last year, the latter's title has become a slogan of the...

 
Frank Lampard: England players don't value club over country

Frank Lampard: England players don't value club over country

Lampard admits he will take ‘great pride’ in captaining his country for the first time in the friendly with Denmark in the absence of regular skipper Rio Ferdinand and vice-captain Steven Gerrard, who are both missing through injury. The number of...

Metro, 22:27 in Sport
 

Stock Exchanges In Global Influence Race

The world's stock exchanges are engaged in a battle to become globally significant, according to the chairman of the London Stock Exchange (LSE). Speaking on the day the LSE announced a merger with its counterpart in Toronto, Canada, Dr Chris...

 
Salman Butt was 'under ICC surveillance' at World Twenty20

Salman Butt was 'under ICC surveillance' at World Twenty20

Salman Butt was under surveillance by the International Cricket Council's anti-corruption unit before the News of the World sting operation that led three Pakistan players to be banned for spot-fixing. The full judgment of the ICC tribunal outlines...

Guardian, 22:34 in Sport
 
Denmark v England: five things we learned | Dominic Fifield

Denmark v England: five things we learned | Dominic Fifield

1 Concern persists over a lack of English solidity This was initially such an entertaining contest because both sides were so open – Fabio Capello must have endured spasms of real concern at times. England looked flustered defensively too often,...

Guardian, 22:34 in Sport
 

Activision Blizzard beats Street, ends Guitar Hero

The company's shares fell to $10.75 in after-hours trading. Activision Blizzard said it would disband its Guitar Hero business unit and stop development of its Guitar Hero game for 2011 because of declines in the music genre in gaming. On an adjusted...

 

Man arrested in Nikitta Grender murder probe

Nikitta was discovered knifed to death at her burnt out flat in Broadmead Park, Liswerry, Newport, south Wales, on the morning of Saturday. Gwent Police said the murder suspect is not from the Broadmead Park or the nearby Moorland Park or Pontfaen...

Metro, 22:50 in Hot News
 
Bomb expert rushed and impatient on day he died, inquest told

Bomb expert rushed and impatient on day he died, inquest told

A bomb disposal expert who was killed in Afghanistan on his final patrol before he was due to go on leave appeared impatient and rushed, an inquest has heard. The day before his death, Staff Sergeant Olaf Schmid had taken a call from his stepson, who...

 
Brazil pledges 50bn reais of spending cuts

Brazil pledges 50bn reais of spending cuts

Brazil's government has said it will implement 50bn reais ($30bn; £19bn) of spending cuts in order to curb inflation and help prevent the economy from overheating. Finance Minister Guido Mantega said all stimulus packages introduced since the onset...

BBC, 22:54 in Business
 


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