News archive from 25 July 2012

Apple's reports lower-than-expected rise in Q2 profits

Apple's reports lower-than-expected rise in Q2 profits

Apple made a net profit of $8.8bn in the three months ending in June, up 21% from a year earlier but lower than forecasts. The consumer gadget and computer maker reported $35bn in sales, up from $28.6bn in 2011. But sales of its iPod digital music...


Blues snap up another Hazard

Thorgan Hazard will join his older brother Eden at Stamford Bridge next season after Chelsea confirmed his signing from Lens. The 19-year-old had only played 11 times for the Ligue 2 club but the Blues clearly see some potential in Hazard, who had...

Daily Post, 22:13 in Sport

Beckham ready for role

David Beckham is expected to be one of the final torch bearers inside the Olympic Stadium for the opening ceremony on Friday - but he will not be lighting the flame. The former England footballer confirmed that he will have a part in the ceremony and...

Daily Post, 22:13 in Sport

Clegg: Nation gripped by Olympics

Jul 24 2012 The country is gripped by Olympic fever, Deputy Prime Minister Nick Clegg has said as he delivered his own pep talk to Team GB. He told the nation's Olympians they could expect the support of the whole country as they battle to claim a...


Journalists charged with hacking

Jul 24 2012 Senior journalists from the News of the World have been formally charged with phone hacking and will appear in court next month, Scotland Yard has said. Of the eight people facing prosecution, including David Cameron's former spin doctor...


Readers go app-happy with our new e-edition!

THE Worcester News e-edition and app is proving a big hit, with almost 1,000 subscribers so far. Since its launch more than 800 people have downloaded the app to their iPad or iPhone or are accessing it via their smartphone. Another 100 have...


US STOCKS-Wall St falls as Europe hits earnings; Apple falls

* Cisco falls on VMWare move * Indexes: Dow down 0.8 pct, S&P down 0.9 pct, Nasdaq off 0.9 pct (Updates with Apple earnings, volume) By Caroline Valetkevitch NEW YORK, July 24 (Reuters) - Wall Street stocks fell on Tuesday, hit by signs the euro...


GM to send pension buyout checks to retirees in late August

On August 24, GM will mail pension payments to retirees who have requested paper checks. For retirees who requested receipt by electronic transfer, the payment will be made on August 27, GM spokesman Dave Roman said on Tuesday. Roman declined to say...

Reuters, 22:26 in Business
Exclusive: Ministers In New Bank Shake-Up

Exclusive: Ministers In New Bank Shake-Up

Britain's banks will be urged by the Government to introduce a new portfolio of 'vanilla' savings products next week as part of efforts to restore public trust in the embattled industry. I have learned that a nine-month review headed by a former...



Eight senior players were understood to be in disagreement over unpaid salaries, though Luke Varney has since joined Leeds. Supporters group SOS Pompey handed over an open letter to the players at the club's training ground in a bid to persuade...

Exclusive: Runaway boy, 11, jets to Rome alone after slipping through security at Manchester Airport

Exclusive: Runaway boy, 11, jets to Rome alone after slipping through security at Manchester Airport

A runaway boy aged 11 managed to evade a raft of security checks to board a flight to Rome from Manchester without a passport, a boarding pass or cash. Airport staff have been suspended and a top-level investigation launched after the major security...


Insurance key as new investment frontiers open up

Indeed, the euro zone economic crisis and low returns in other advanced economies are forcing investors to look for more lucrative places to park their money. "We are meeting investors that are finding their own markets quite constrained and are...

Reuters, 22:42 in Business

Warrington singer David Hunter voted off ITV show Superstar

By Hayley Smith Warrington singer David Hunter reaches final of ITV show Superstar WARRINGTON'S David Hunter has been voted off ITV's Superstar tonight. The 27-year-old was one of four left in the competition to find a leading man for the...


GM to make C$850 million R&D investment in Canada

In making the investment, GM Canada is living up to its part of a C$10.5 billion dollar bailout package provided in 2009 by the governments of Canada and the province of Ontario, in addition to a much bigger U.S. bailout package, after the automaker...

Reuters, 22:47 in Business

Canada PM says CNOOC's Nexen bid to be well scrutinized

"I'm not going to make comments on this policy either generally or on this specific transaction that would in any way prejudice the government's position," Harper told reporters in Oshawa, Ontario, just east of Toronto. "Nobody should...

Reuters, 22:49 in Business

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