Retailers cash in on royal baby

LONDON. — There is nothing like a royal baby to lift a nation’s spirits and those of its retailers, who are hoping to cash in on Prince William and Catherine’s new arrival this month.
It wasn’t long after the pregnant Duchess of Cambridge was admitted to hospital with morning sickness in December

British manufacturing output shrinks

LONDON. — British manufacturing output sank unexpectedly in May, official data showed yesterday, sparking fresh concern about the strength of the economic recovery.
Separate official data showed that Britain’s trade-in-goods deficit widened slightly in May compared with the previous

Energy giant names new CEO

LONDON. — Anglo-Dutch energy giant Royal Dutch Shell yesterday appointed Ben van Beurden, director of the group’s refining and marketing operations, as chief executive to replace outgoing head Peter Voser. “The board of Royal Dutch Shell plc today announced that Ben van Beurden

China’s annual inflation rises

BEIJING. — Chinese inflation accelerated to 2,7 percent in June, official data showed yesterday, but analysts cautioned demand remained weak and growth in the world’s second-largest economy may have slowed further. The year-on-year figure for the consumer price index — a main gauge

Capitalisation: BAZ banks on RBZ

Golden Sibanda Senior Business Reporter
THE Bankers’ Association of Zimbabwe is hoping that Reserve Bank of Zimbabwe Governor Dr Gideon Gono will review his position on the new minimum capital requirements for banking institutions. The banking industry lobby group is rooting for what it has termed “the best

Nyambirai to appease minorities

Martin Kadzere Senior Business Reporter
THE Zimbabwe Stock Exchange is “pressing” Lifestyle Holdings Limited to make a mandatory offer to minority shareholders of Pelhams Limited, sources familiar with the developments have said. This is after the Mr Tawanda Nyambirai’-owned LSH gained a controlling 55

Will Paulinho spark interest?

RIO DE JANEIRO. — With Brazil’s Paulinho joining Tottenham and Argentina’s Gonzalo Higuain heavily linked with Arsenal, some top-class South American talent is heading to the Premier League’s north London clubs. Paulinho, 24, who joined Spurs for £17 m from

Man City abandon Pepe pursuit

LONDON. — Manchester City have abandoned their £15million pursuit of Real Madrid centre back Pepe after he was persuaded to stay at the Bernabeu by new manager Carlo Ancelotti. However, they are considering reviving interest in Fiorentina striker Stevan Jovetic as Juventus

Class of ‘92 paints town red

MANCHESTER. — Manchester United’s famed class of ‘92 were reunited as David Beckham, Ryan Giggs, Gary Neville, Phil Neville, Nicky Butt and Paul Scholes enjoyed a night out.
The six United legends had a lot to catch up when they met up at the Artisan Bar & Restaurant in

Nigerian clubs suspended

LAGOS. — Four clubs involved in two play-off matches that ended 79-0 and 67-0 respectively — a total of 146 goals — have been suspended in Nigeria.
Plateau United Feeders were 79-0 victors over Akurba FC while Police Machine FC demolished

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