Uefa Cup fans clash with police
May 15, 2008, 12:16 am
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withA number of Rangers supporters in Manchester for the Uefa Cup final have clashed with riot police after a big screen in the city centre broke down.
Officers came under attack after the screen in Piccadilly Gardens failed.
Around 30 people were arrested in the city, including six held after a Russian fan was stabbed outside the City of Manchester stadium.
An estimated 100,000 fans descended on the city to see the match, which Zenit St Petersburg eventually won 2-0.
The injured Russian fan was taken to hospital after being attacked outside the stadium before the game.
He was stabbed in the back but his injuries were reported as non-life threatening.
Greater Manchester Police (GMP) said six men, all believed to be Rangers fans, had been arrested in connection with the incident.
The vast majority of supporters have behaved impeccably (more…)
profit falls 37%
May 1, 2008, 10:40 pm
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ThomsonNEW YORK (AP) — MetLife Inc. said Thursday its profit shrank 37% in the first quarter as turbulent markets and the plummeting dollar pummeled the insurer’s investment portfolio.
New York-based MetLife earned $615 million, or 84 cents per share, compared with profit of $983 million, or $1.28, in the first quarter of last year.
During a rough quarter for stock and bond markets, the New York-based insurer’s investment portfolio lost $560 million. Bad credit, the plunge of the dollar and a drop in interest rates hurt the insurer’s investments.
Operating income jumped 3% to $1.11 billion, or $1.52. Like most insurers, MetLife emphasizes operating income because it excludes certain costs – including investment losses – insurers do not consider reflective of trends in their business.
Analysts polled by Thomson Financial forecast operating profit of $1.48. (more…)
