Polish Millennium H1 net touch above consensus

July 27 (Reuters) – Polish Bank Millennium BIGW.WA reported a six-fold net profit rise for the first half, touch above expectations, thanks to improving revenue and lower bad loan provisions on the back of a better economic environment.

The bank, which is controlled by Portugal’s Millennium bcp (BCP.LS), said on Tuesday it earned 138 million zlotys ($43.9 million) compared to 21 million in the same period of last year, when it was one of the hardest hit Polish lenders by the financial crisis.

Analysts expected a net profit of 134 million zlotys. Millennium did not break out a second-quarter figure. (Reporting by Chris Borowski)

Drogba confirmed in Ivory Coast team

(Reuters) – Didier Drogba returns to the starting lineup for the Ivory Coast against Brazil in their World Cup Group G match Sunday.

Sports

The Ivory Coast captain and leading scorer broke his forearm in a friendly against Japan in Switzerland just over two weeks ago and came on as a substitute in the goalless draw against Portugal wearing a protective plastic cast.

Drogba replaced Gervais Kouassi, the only change in the Elephants’ starting line-up.

Brazil named the same team which struggled to a 2-1 win over in their opening match last Tuesday.

Kaka, who is still not 100 percent fit after an injury-plagued season, was included in the starting line-up although coach Dunga said on the eve of the match that it was not certain whether he would play the whole game.

Serena fine-tuning her curtsy for the Queen

(Reuters) – Serena Williams has been working on her curtsy in anticipation of meeting the Queen at Wimbledon this week.

Sports

“I was practicing it this morning,” the American champion told reporters on Sunday.

“I definitely don’t think I should take a bow, so I’ll probably curtsy.”

The Queen, who will attend the grasscourt championships on Thursday, has not visited Wimbledon since 1977, when she handed the women’s singles trophy to Britain’s Virginia Wade.

Williams, the 12-times grand slam winner, is expected to play her second-round tie on Thursday.

The 28-year-old said: “I found out she was coming to town … I thought, ‘Wow, I just got to make sure I’m here on Thursday’. Hopefully I have a chance to meet her.”

But Williams is already feeling the pressure of the occasion.

“(My curtsy) is a little extreme, so I’m going to have to tone it down,” she joked. “I get really low. I have a lot of arm movement. So, yeah, I’ll have to tone it down.”

Williams meets Portugal’s Michelle Larcher de Brito in the first round on Tuesday..

(Reporting by Stephen Wood, editing by Pritha Sarkar)

Portugal plot three-phased attack on North Korea

(Reuters) – Portugal coach Carlos Queiroz plans three-phased assault on what he expects to be a highly defensive North Korea on Monday as he plots a course through Group G into the last 16 of the World Cup.

Sports

After their goalless draw with Ivory Coast and a daunting clash with Brazil still to come, Monday’s clash with the tournament’s rank outsiders will make or break Portugal’s chances of progress.

A win is obviously essential but Queiroz said the need for a boost to their goal difference can only be factored in once the foundations are set.

“It is an extremely important game, decisive for the final placings. It’s all or nothing as far as we are concerned and the players are well aware of that,” Queiroz told reporters after his team trained at Green Point stadium on Sunday.

“We will play tomorrow with three issues, which we can’t confuse.

“First, we have to play entertaining, enthusiastic and rapid football, much faster than against Ivory Coast, to find a way to win.

“Then we have to score goals but we can’t even talk about that until we have scored one. Then, after all that, we can look at the league table.

“It is a phased approach, we cannot start at the end.”

Having seen North Korea defend so diligently against Brazil Queiroz knows his team will have to be creative to find a way through.

“We have to play with our intelligence,” he said. “Sometimes it is said that the most direct route is circular and we certainly can’t spend the game banging our heads against the wall.

“Ivory Coast defended from midfield but from what we saw against Brazil, North Korea will sit much deeper. We have to use our technical prowess, especially in the last third, to force them into errors.”

One of the keys best suited to unlocking such a massed defense is a player with outstanding individual skill and Queiroz is fortunate that in Cristiano Ronaldo he has one of the absolute best in that department.

Though he has not scored an international goal for 16 months Ronaldo remains confident that having got the first game out of the way, the 2006 semi-finalists will find their feet.

“The most difficult phase is over, we were anxious in that first game, many of the players had not been at a World Cup before and we knew it would be complicated,” he said.

“There are fewer pressures now, I think we have overcome the greatest barrier and will win tomorrow.

“As for me, the goals will surface tomorrow or next year, I have faith. If I don’t score that’s not the end of the world, the issue is for us to win.

“If it’s a large margin then all the better but 1-0 will be satisfactory because we don’t fear Brazil. They are a great team, five-time champions, but we are going to face them in the last game with the belief we can win.”

(Editing by Nigel Hunt)

Injured Deco out of Portugal match with North Korea

(Reuters) – Portugal midfielder Deco has been ruled out of their Group G match against North Korea on Monday due to a thigh injury he picked up during Friday’s training session, the player’s spokesman said.

Sports

“Deco has been ruled of the second match by Portugal’s medical department. He injured his upper right thigh in the Friday’s training in Magaliesburg, and underwent treatment during the following two days but with no improvement,” Acaz Felleger, the player’s spokesman, said in a statement on Sunday.

“He is with the Portuguese delegation in Cape Town and hopes to play against Brazil in Portugal’s third match on Thursday,” Felleger added.

Deco played 62 minutes in Portugal’s 0-0 draw against the Ivory Coast on Tuesday, before being substituted by Tiago.

(editing by Michael Holden)

Portugal arrive with Nani in doubt for warm-up

Portugal winger Nani is doubtful for their friendly against Mozambique due to a shoulder injury picked up in training in Lisbon, he said as the squad flew in to South Africa for the World Cup on Sunday.

The winger missed the squad’s final home training session in Portugal on Saturday after falling while attempting an acrobatic shot and causing a traumatism in his shoulder.

He is due to be re-examined before the warm-up match against Mozambique on Tuesday.

“I feel better already,” Nani told reporters during the flight from Lisbon to Johannesburg.

On playing in the friendly, he said: “I really don’t know, now we have to see. When we get there we’ll have to check again.”

The other main injury concern in the Portuguese squad is Pepe, who has been recovering from a knee injury he sustained in December.

He has not played since but was last week cleared by doctors from the national side and his club Real Madrid to travel to the finals.

The Brazil-born defender signalled he could already be an option for coach Carlos Queiroz against Mozambique.

“I’m in the group. I’m here to help and now the matter is in the coach’s hands,” Pepe said as he boarded the plane.

Portugal play their first tournament match on June 15 against the Ivory Coast in Group G, which also includes Brazil and North Korea.

(Editing by Jon Bramley; To query or comment on this story email sportsfeedback@thomsonreuters.com)

Scolari confirms departure from Uzbek club

World Cup winning coach Luiz Felipe Scolari has left Uzbekistan side Bunyodkor to “help his son’s university education”.

Scolari quit the club after a year in charge having failed to achieve success in the Asian Champions League, the Uzbek side losing to Saudi club Al Hilal in the last 16 earlier this month.

“Main reason of leaving Uzbekistan is (I’m) concerned with my son’s studying,” Scolari told the team’s website (www.fcbunyodkor.com) late on Friday.

“He just graduated from Tashkent International School and is about to study in university. I need to support and help him now. My family and children is most important for me.”

The former Brazil, Portugal and Chelsea coach said that he would not decide upon his next job until after his son’s university place was agreed.

“Maybe, my son won’t wish to stay in Portugal, so I can’t say anything about my next work place,” said Scolari, who admitted to having offers from unnamed clubs in Europe, Brazil and Asia.

Scolari, who won the World Cup with Brazil in 2002 and reached the final of Euro 2004 with Portugal, told Reuters on Monday that the club was trying to reduce costs and had suggested cutting short his contract, which was due to expire in December.

(Writing by Patrick Johnston; Editing by John O’Brien; To query or comment on this story email sportsfeedback@thomsonreuters.com)

FACTBOX – Penalty shootouts

The 2010 soccer World Cup kicks off in South Africa on June 11 and many matches could be decided by penalty shootouts.

In the knock-out phase, which starts on June 26 and ends with the final on July 11, games which are drawn after extra time will be decided by penalty shootouts. Five players from each side take a kick, and then, if the scores are level, a “sudden-death” process starts.

Since the format was introduced in 1982 there have been 20 shootouts in seven tournaments.

The following is the success rates for countries in past World Cup penalty shootouts, and results from the previous 20 shootouts (source: Fifa.com):

COUNTRY P W L SCORE %

—————————————–

Belgium 1 1 0 100

Korea 1 1 0 100

Germany 4 4 0 94

Sweden 1 1 0 83

Brazil 3 2 1 77

France 4 2 2 75

Bulgaria 1 1 0 75

Ukraine 1 1 0 75

Romania 2 0 2 73

Argentina 4 3 1 72

Spain 3 1 2 71

Ireland 2 1 1 70

Italy 4 1 3 65

Portugal 1 1 0 60

England 3 0 3 50

Netherlands 1 0 1 50

Yugoslavia 1 0 1 40

Mexico 2 0 2 29

Switzerland 1 0 1 0

————————————–

TOTAL 40 20 20 70

————————————–

RESULTS:

2006:

Switzerland 0 – 3 Ukraine

Germany 4 – 2 Argentina

England 1 – 3 Portugal

Italy 5 – 3 France

2002:

Spain 3 – 2 Ireland

Spain 3 – 5 Korea

1998:

Argentina 4 – 3 England

Italy 3 – 4 France

Brazil 4 – 2 Netherlands

1994:

Mexico 1 – 3 Bulgaria

Romania 4 – 5 Sweden

Brazil 3 – 2 Italy

1990:

Ireland 5 – 4 Romania

Yugoslavia 2 – 3 Argentina

Italy 3 – 4 Argentina

Germany 4 – 3 England

1986:

Brazil 3 – 4 France

Germany 4 – 1 Mexico

Spain 4 – 5 Belgium

1982:

Germany 5 – 4 France

(Compiled by Steve Slater; Editing by Clare Fallon)

Brazil takes top ranking into World Cup; Spain 2nd

Brazil will head to the World Cup as the number one team, according to the latest FIFA rankings.

The five-time world champion retained top spot ahead of European champion Spain in Wednesday’s release of the final monthly rankings before the June 11 World Cup kickoff.

Portugal is third followed by the Netherlands and world champion Italy. Germany is sixth, edging Argentina and England.

France moves up one to No. 9, trading places with Croatia which did not qualify for the World Cup.

The United States at No. 14 heads the three World Cup qualifiers from CONCACAF.

Cameroon at No. 19 is best of the six African World Cup teams, and No. 20 Australia leads Asia’s four qualifiers.

Host South Africa is No. 83, and No. 105 North Korea is the lowest-ranked qualifier.

Lampard determined to be England”s nominated penalty taker

London, May 18 (ANI): Ace midfielder Frank Lampard has insisted he would not shy away from taking spot-kicks during the World Cup finals in South Africa this summer and is determined to be England”s nominated penalty taker.

“Frank Lampard has promised he can beat England”s World Cup penalty curse. England fans would have been left fearing the worst at the sight of the Chelsea star missing a penalty in the FA Cup final at Wembley,” reports Mirror.

“I have missed penalties for England, I have missed penalties for Chelsea and it comes with the territory. But it would not put me off,” said Lampard.

“I am big enough to stand up. I missed [in the final] and it will play on my mind a little, but it will be completely overshadowed by the fact that we won the game and won the Double,” he added.

“It”s quite good for me too because that kind of thing makes me address it and look at it and when I go away with England I will work on that kind of stuff. Sometimes you need a little reminder of what you have got to do,” claimed Lampard.

Despite Lampard missing two penalties for his club this season, he still has an exceptional record from the penalty spot for club and country.

“England, World Cups and penalties do not go well together as Lampard will remember from seeing his spot-kick saved in the shoot-out with Portugal in the 2006 quarter-final defeat. He has not missed for England since being given penalty duties after the last World Cup, scoring four out of four,” reports Mirror.

The midfielder has managed a season”s best tally of 26 goals in 50 games for Chelsea this term and the two missed penalties are unlikely to play on his mind too much.

“It was a disappointing penalty at Wembley to say the least. I actually changed my mind in the run-up, which is a bit of a sin. Once you do that, you are probably going to miss and I did that,” admitted Lampard. (ANI)

Ash cloud moves toward southeast France – Eurocontrol

The area affected by volcanic ash from Iceland is expected to move northeast on Tuesday afternoon, cutting across the Iberian peninsula and into southeast France, European air traffic agency Eurocontrol said.

The ash cloud was impacting southern and central Spain as well as Portugal including the Canary Islands and Madeira on Tuesday morning, the agency said in a statement.

The areas of high ash concentration on high altitudes in the middle of the North Atlantic were dispersing, however, easing the previously difficult situation for transatlantic flights, Eurocontrol said.

(Reporting by Ben Deighton, editing by Dale Hudson)

Finland finmin: Greece problems could spread

HELSINKI, May 5 (Reuters) – Finland’s finance minister said on Wednesday there was still a risk that Greece’s financial problems could spread to Spain or Portugal.

Bonds

“Our economies are so linked that a risk that problems spread from a country to another is very high,” Finance Minister Jyrki Katainen said in an interview with Finnish broadcaster MTV3.

(Reporting by Helsinki Newsroom; Editing by Michael Roddy)

Aussie pair through in Portugal

Adopted Aussies Jarmila Groth and Anastasia Rodionova have both won their first-round women’s matches at the Estoril Open in Portugal.

Groth upset sixth seed and former Slovakian compatriot Magdalena Rybarikova 6-4, 6-3, while Russian-born Rodionova defeated Austrian Yvonne Meusburger 4-6, 6-2, 6-1.

Groth takes on Kristina Barrois in the next round with Radionova to meet Stefanie Voegele.

Bopanna-Qureshi bow out of Tunisia Challenger

Tunis, April 29 (IANS) The top seeded pair of India’s Rohan Bopanna and Aisam-Ul-Haq Qureshi of Pakistan went down fighting here to Frederico Gil of Portugal and Marcelo Melo of Brazil in the doubles quarterfinals of the $125,000 Challenger tennis.

Bopanna and Qureshi lost 5-7, 6-3, 9-11 here Wednesday.

The India-Pakistan pair had received a walkover in the first round from experienced Frenchmen Thierry Ascione and Arnaud Clement.

This may hurt a little, ‘the Dentist’ warns Portugal

North Korea’s Pak Doo-ik inflicted so much pain on Italy at the 1966 World Cup he is still referred to as “the Dentist”.

Now aged 68, Pak has urged the current North Korean side to dish out the same kind of punishment to Portugal, who ended the North’s fairytale adventure in England 44 years ago.

Pak’s goal gave North Korea a 1-0 win over the Italians in 1966, eliminating them from the tournament at the group stage.

In the quarter-finals, the North stormed to a 3-0 lead against Portugal before a Eusebio-inspired fightback earned the Portuguese a 5-3 win.

“To this day I feel disappointed about the game against Portugal in 1966,” Yonhap News agency quoted Pak as telling a Brazilian newspaper. “I want payback for that loss 44 years ago.”

North Korea are in Group G with Portugal, Ivory Coast and Brazil for the 2010 World Cup finals in South Africa, and Pak believes they can once again cause an upset.

“I believe North Korea and Brazil will succeed in advancing to the last 16 at the World Cup in South Africa,” he said.

“North Korean soccer has come a long way and I believe we will advance to the second round.”

(Reporting by Jack Kim, writing by Peter Rutherford in Singapore; Editing by Greg Stutchbury; To query or comment on this story email sportsfeedback@thomsonreuters.com)

Cameroon’s Lions add Georgia warm-up

Cameroon have added a May 25 fixture with Georgia to their warm-up schedule for the World Cup in South Africa.

The Cameroon Football Federation said the game will take place in Linz, Austria, where Cameroon will be training ahead of the World Cup finals which begin on June 11.

Cameroon have already fixed matches with fellow World Cup finalists Slovakia in Klagenfurt, Austria on May 29, Portugal in Covilha on June 1 and Serbia in Belgrade on June 5.

The Indomitable Lions open their World Cup campaign against Japan on June 14 in Bloemfontein.

(Editing by Alastair Himmer;

To query or comment on this story email sportsfeedback@thomsonreuters.com)

Portugal sells 2 bln euros in bonds, demand strong

April 14 (Reuters) – The Portuguese Institute for Public
Credit Management (IGCP) sold the following two treasury bond
issues in an auction on Wednesday, placing 2 billion euros — at
the top end of its indicative offer range.

2021 BOND:

(Previous )
Auction date: 14/04/10 10/03/10
Maturity 15/06/21 15/04/21
Settlement date: 19/04/10 15/03/10
Avg. yield (pct) 4.340 4.171
Avg. price (pct) 103.72 97.19
Highest yield (pct) 4.355 4.191
Lowest yield (pct) 4.325 4.145
Tail 0.015 0.02
Total bids 1.880 bln 1.580 bln
Allotment 1.195 bln 990 mln
Bid-to-cover ratio 1.6 1.6
Outstanding after auction 4.195 bln 7.076 bln

2012 BOND:

(Previous)
Auction date: 14/04/10 08/04/09
Maturity 15/06/12 15/06/12
Settlement date: 19/04/10 15/04/09
Avg. yield (pct) 1.715 2.708
Avg. price (pct) 106.89 106.86
Highest yield (pct) 1.733 2.717
Lowest yield (pct) 1.674 2.685
Tail 0.018 0.009
Total bids 2.015 bln 2.635 bln
Allotment 805 mln 1.000 bln
Bid-to-cover ratio 2.5 2.6
Outstanding after auction 7.641 bln 6.836 bln

For more information about the auctions please click on
IGCP09.

(Reporting by Andrei Khalip and Axel Bugge)

Germany, Italy sell 11.7 billion euros of bonds

LONDON, April 14 (Reuters) – Germany and Italy sold a total of almost 12 billion euros of government bonds on Wednesday with both auctions finding solid demand in a market still edgy about details of euro zone aid deal for debt-stricken Greece.

Germany issued 5.74 billion euros of five-year bonds while Italy, the yardstick for euro zone peripheral sovreigns, raised almost 6 billion euro with the sale of five- and 15-year paper. [ID:nTAR001523] [ID:nTAR001767]

The auctions had been seen as a test of market sentiment as the euro zone’s core issuer Germany and Italy both tapped investors for similar duration debt.

“There’s still some demand for core issues despite that Greece has performed well after the plan, but still, I do think that markets realise volatility is still high at the moment in euro zone spreads,” said Wilson Chin, a strategist at ING in Amsterdam.

Portugal is also set to come to market later in the session as it looks to raise up to two billion euros.

(Reporting by William James)

China has fourth highest number of millionaires in world

New Delhi, Apr 1 (ANI): China has the fourth highest number of millionaires in the world, numbering around 340000 in 2009, despite of 11 percent decrease from the year before.

According to the 2010 edition of “The Wealth Report” released by Citi Private Bank, investible assets of each person in this group, called the High-Net-Worth Individuals (HNWI), total between one million dollars to 10 million dollars, excluding their principal residence.

The survey of global wealth distribution saw a sharp drop in the number of HNWIs as few corners of the world were left untouched by net asset value erosion, CRIENGLISH.com reports.

The United States still holds the largest number of HNWIs, standing at 2,519,000, but that figure has dropped 19 percent following the economic downturn.

Next are Japan and Britain, who have 669,000 and 439,000 people included respectively.

Among the world’s major economies, India and Portugal saw their number of wealthy people most reduced, by 24 percent each, while Hong Kong, Belgium and Russia saw a reduction of around 20 percent.

Although no economy has seen an increase in the number of millionaires, the report says the fact that asset prices have recovered strongly since mid-2009 means the numbers are expected to recover relatively rapidly. (ANI)

Socceroos return to world’s top 20

The Socceroos have climbed back into the top 20 in the latest FIFA world rankings released on Wednesday.

Australia moved up four spots to number 19 following its 1-0 win over Indonesia in Brisbane, which clinched Asian Cup qualification.

European champion Spain retained top spot, ahead of second-placed Brazil and third-placed Netherlands.

Portugal improved its position to fourth, to sit ahead of Italy, Germany and England, who traded places with seventh-placed France.

Australia remains clearly the highest-ranked Asian team, with Japan ranked 45th and South Korea 49th.

Pim Verbeek’s side moved back into the top 20 for the first time since October last year, when it fell 10 spots from its all-time highest ranking of 14th.

New Zealand, which will contest its second World Cup finals in South Africa this year, moved up one spot to 79.

- AAP