first_img Tags: NULL Danske Bank cuts losses on loans by half whatsapp Tuesday 10 August 2010 8:31 pm Show Comments ▼ Share Read This NextFresh Fruit Sushi: Recipes Worth CookingFamily ProofCreamy Pumpkin Soup: Delicious Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofBaked Sesame Salmon: Recipes Worth CookingFamily Proof whatsapp DENMARK’S Danske Bank swung to a pre-tax profit last quarter after almost halving loan losses. The owner of National Irish Bank and Northern Bank posted a pre-tax profit of DK937m (£104.5m) for the second quarter, after a DK828m net loss a year earlier. “Difficult, albeit gradually improving, macroeconomic conditions in several of the group’s markets continued to have an adverse effect on results,” said the firm in a statement. Loan impairment charges totalled DK3.48bn in the last three months, 47 per cent lower than the same time last year and the sixth consecutive drop in as many quarters.“Generally, things are moving in the right direction,” said the firm. “In view of the macroeconomic development, we look at the rest of 2010 with cautious optimism.”The bank’s tier one capital ratio fell slightly in the quarter to 13.7 per cent, but is still one of the highest in the Eurozone. Standard & Poor’s analyst Frank Braden said: “Despite the better-than-expected improvement in loan losses, a large jump in loan impairment charges in Ireland and Northern Ireland highlights the still challenging operating environment.” KCS-content last_img read more

first_img John Menzies sees profit treble NEWSPAPER distributor John Menzies saw half-year profits almost treble.It made £20.6m compared with £7.4m for the same period last year.The company, which also distributes airport cargo worldwide, was boosted by new contracts with Lufthansa/bmi at London Heathrow. John Menzies started in Scotland in 1833 but is now a “time-critical logistics company” – a business that moves goods to a timetable.Menzies said distribution remained a difficult market, but it had been helped by the sale of stickers for the 2010 World Cup. Show Comments ▼ Share Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Thursday 19 August 2010 3:23 am whatsapp John Dunne whatsapp Tags: NULLlast_img read more

first_img Share Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndoBetterBe20 Stunning Female AthletesBetterBeUndoHalf EddieSusan Boyle Is Almost 60, Try Not To Smile When You See Her NowHalf EddieUndoMoneyWise.comAmerica Really Fumbled On These Football StadiumsMoneyWise.comUndoSportPirateElle Macpherson Is Almost 60, Try Not To Smile When You See Her NowSportPirateUndothedelite.comThe Best Big-Men In NBA History Ranked In Orderthedelite.comUndoShop Bras Online | Search AdsLooking to revamp your intimates? Search for results nowShop Bras Online | Search AdsUndo More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org CREDIT Agricole, France’s third-largest banking group, said yesterday that growth in its domestic retail business and a strong investment banking performance more than offset further losses in its Greek unit.Second-quarter net profit surged 89 per cent to €379m (£310.4m), as net banking income grew 20 per cent to a record high of €5.47bn.The group said its corporate and investment banking division swung to a profit of €330m in the second quarter from a loss of €87m a year earlier after it booked fewer losses on collateralised debt obligations, asset-backed securities and other risky holdings.Excluding the impact of those risky assets, profit from ongoing operations in the division fell 23 per cent to €401m as strong growth in financing activities helped partially offset the sharp drop in trading revenues that were reported across the industry in the second quarter. Shares of Credit Agricole closed up 2.7 per cent on Euronext’s Paris market, having initially surged as much as six per cent. The stock is still down 18 per cent since the start of the year.The investment banking performance helped offset a €643m loss in the group’s international retail banking arm, which was driven by losses in its Emporiki Bank business in Greece.Credit Agricole took a €418m goodwill impairment charge on the business after Emporiki set out its restructuring plans in late June. Thursday 26 August 2010 8:04 pm Show Comments ▼center_img KCS-content Domestic banking aids Credit Agricole to swing to a profit whatsapp whatsapp Tags: NULLlast_img read more

first_img Share Bank told to explain powers Monday 30 August 2010 8:57 pm whatsapp Show Comments ▼ Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof KCS-content center_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com whatsapp THE Bank of England (BoE) needs to spell out to consumers what its powers to curb lending will mean for products such as mortgages, the British Bankers’ Association said yesterday.When it inherits the remit of City regulation from the Financial Services Authority in two years’ time, the BoE will be tasked with macroprudential oversight of the banking system. Deputy governor Charlie Bean said for the first time over the weekend this could include putting “direct constraints” on individuals’ access to credit at the top of the cycle to preserve the health of banks.The BoE could cap mortgage loan-to-value ratios and demand deposits of up to 25 per cent, Bean said in a speech to American financiers. The limits would be designed to prevent a repeat of the credit crisis, which saw some borrowers granted as much as 125 per cent of their property’s value, leaving them stuck in negative equity when prices tanked.Bean said: “There is the option of introducing direct constraints on the terms or availability of credit… The best approach seems likely to involve a portfolio of instruments.”British Bankers’ Association chief executive Angela Knight welcomed Bean’s suggestions. “What needs to take place now is a proper discussion explaining why at certain times individuals will be restricted in how much they can borrow. The reason these things needs to be discussed is they impact society – rather than just banks – and society needs to understand.” Tags: NULLlast_img read more

first_img Tags: NULL The UK’s fate: Neither boom nor bust whatsapp A PAINFUL, extended soft patch, not a disastrous hard landing: that was the message from yesterday’s batch of global economic indicators. The US manufacturing survey improved in August, spectacularly refuting widespread expectations of a collapse and fuelling a market rally; the UK’s factory sector is still growing, albeit at a slower rate. Hard-core bulls and permabears alike have been confounded; the truth is to be found in the Third Way – sluggish but positive growth.The 56.3 reading in the US was the highest since May and was driven by gains in production and employment (any reading above 50 suggests increasing output). The jobs index reached its highest level so far this cycle, suggesting that the bloodbath in private sector jobs may soon be coming to an end. The softness in leading components – new orders and inventories – cautions against exuberance but the overall index argues against a double dip, even in the US, currently the weakest of the largest Western economies. There was also good news from China: its manufacturing index rose from 51.2 to 51.7, its first increase in four months; HSBC’s own Chinese index recorded an even faster bounce. India, meanwhile, continues to boom. We are hardly out of the woods – South Korea and Taiwan, which are exposed to Western markets, suffered further declines in their rate of manufacturing growth, as did Australia. Closer to home, manufacturing in the Eurozone grew at its slowest pace for six months, confirming that the recovery is losing some steam after a strong expansion. The UK’s index fell to its lowest level for nine months – but its reading of 54.3 still points to solid, above average growth. Yet as the Ernst & Young Item Club points out, this is consistent with the experience of previous manufacturing recoveries. There is no need to panic. These are merely one batch of indicators but they do confirm my long-held view: the UK is going to suffer from an extended period of weak growth but is very unlikely to suffer an outright double-dip recession. House prices will fall back, as they have already been doing (on average in the UK, if not in London’s hotspots) which will further depress consumer sentiment and borrowing power; highly regulated markets and excessive levels of taxation will cramp the recovery and reduce private sector job creation; the war on banks will continue to limit the availability of credit. This won’t be a Japanese-style, decade-long stagnation but rather a very British period of weak growth, as households readjust to more rational property prices, a smaller state, higher taxes and – in time – to substantially higher interest rates. The biggest short-term risk is not public spending cuts (which are vital) but a slowdown in the growth of the money supply. The amount of money held (mainly in bank accounts) by households and firms stagnated in July but grew at a decent annualised rate of 5.6 per cent over the last three months, suggesting pent-up demand for goods, services and assets. Non-financial companies’ holdings rose 0.9 per cent in July, pushing annual growth to 4.0 per cent. The corporate liquidity ratio (bank deposits divided by bank borrowing) excluding the struggling property sector is at the top of its historical range, implying continued corporate spending. As long as the money supply doesn’t fall back in the Autumn, the UK’s uncertain recovery ought to continue. Fingers crossed. [email protected] Share whatsapp KCS-content More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgConnecticut man dies after crashing Harley into live bearnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com Show Comments ▼ Wednesday 1 September 2010 8:52 pm last_img read more

first_img whatsapp THERE won’t be too many tears shed for David Montgomery, who yesterday agreed to retire from Mecom after shareholders representing more than 50 per cent of the stock said they wanted him out.As chief executive of the Mirror Group Montgomery made enemies with his legendary cost cutting and a dour manner. At Mecom Montgomery has put together a media group comprising of assets in Holland, Denmark, Norway, Poland and Germany (since sold). He did so with a view to leveraging local content across the different media. As it happens he will be leaving Mecom just as many financial analysts think its financial circumstances might be about to turn for the better.A £140m rights issue has bolstered the balance sheet and online revenues (which have so far been disappointing) are now on the increase.Shares have risen 85 per cent this year after a nightmare in 2009. They may have further to go. whatsapp Tags: NULL Show Comments ▼ Share Mecom Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof KCS-content Thursday 9 September 2010 8:37 pmlast_img read more

first_imgSunday 17 October 2010 11:21 pm KCS-content Share whatsapp LEGAL disputes over company names have shot up 43 per cent this year according to new research by Sweet & Maxwell.Companies being taken to tribunal over the registration of a similar, or misleading company name has leapt from 54 last year to 77. Disputes typically occur when one company is thought to be using the name of another in order to cash in on its fame. Once discovered, the original company’s owner can take the copy-cat company to a Company Names Tribunal and force them to change it.Sweet & Maxwell says that a huge proportion of these cases are brought by major blue chip organisations who take steps to protect their brands from opportunistic start-ups who register similar names. More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comConnecticut man dies after crashing Harley into live bearnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com Company name disputes increase by 43 per cent Show Comments ▼ whatsapp Tags: NULLlast_img read more

first_img Show Comments ▼ Walmart set to scale back offer for Massmart Thursday 28 October 2010 7:55 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm KCS-content WAL-MART, the world’s biggest retailer, may scale back its $4bn bid for Massmart by nearly half, a move that could keep the South African firm listed in Johannesburg.Wal-Mart is now considering taking more than a 50 per cent stake, rather than a full buyout, Massmart said in a statement yesterday. The offer price was still 148 rand per share, Massmart said. Wal-Mart has been under increasing fire from its shareholders to revive its ailing US stores, and some analysts have said it should concentrate on fixing its business at home before spending big on expansion.A revised bid could also reflect dissatisfaction from Massmart shareholders at the deal, given the immense potential for growth in Africa, where the population is expected to reach 2bn by 2050. center_img Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Share whatsapp whatsapp Tags: NULLlast_img read more

first_img A TAX deal struck between the Obama administration and Republican lawmakers could lift 2011 growth by as much as a full percentage point by leaving more money in consumers’ pockets.Economists say the plan should help breath new life into the sluggish recovery, though it will only add to the already bloated budget deficit.The plan could boost GDP anywhere from a half to a whole percentage point, helping reduce unemployment and lessen the need for the Federal Reserve to increase its monetary stimulus, analysts said.“In all likelihood, the recovery would have made it through next year without backtracking into recession, but this deal improves those odds significantly,” said Mark Zandi, chief economist at Moody’s Analytics.The compromise plan, which still needs to clear Congress, would extend all Bush-era tax cuts for two years, give a 13-month extension of unemployment benefits and cut employee payroll taxes by two percentage points.Initial reaction to the deal was positive, as uncertainty over US tax policy was cited as a factor discouraging companies from hiring, keeping the unemployment rate at an elevated 9.8 per cent.Zandi estimated every dollar of government spending on unemployment benefits would give a $1.60 lift to the economy while every dollar spent on a payroll tax holiday would provide a $1.24 boost.But economists estimate the package, which will also extend breaks on dividends and capital gains, could cost up to $1trn and boost the budget deficit to record proportions. It comes at a time when Obama is under pressure to reduce the country’s bloated $1.3trn budget deficit.Ratings firm Moody’s Investors Service said it was worried the extension of the tax cuts could become permanent, hurting U.S. finances and its credit ratings in the long run. Share whatsapp Obama’s tax deal could boost US economy whatsapp Read This NextFresh Fruit Sushi: Recipes Worth CookingFamily ProofCreamy Pumpkin Soup: Delicious Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily Proof’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofA Once in 17 Years Cicada Event in Princeton, New JerseyFamily Proofcenter_img Tuesday 7 December 2010 5:06 pm Tags: NULL Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald alison.lock last_img read more

first_img Tags: NULL,Monday 20 December 2010 7:16 pm Desire presses on with drilling in Falkland Isles Share Monday 20 December 2010 7:16 pm whatsapp whatsapp Show Comments ▼ Tags: NULL KCS-content More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org FALKLAND Islands oil explorer Desire Petroleum has started drilling a new well after suffering disappointment with its last attempt to strike oil in the South Atlantic.Desire has begun drilling its Dawn/Jacinta 25/5-1 well in the North Falkland Basin.The group said it expected to take about a month to drill the well and would make more announcements when appropriate.The group’s shares soared and then tumbled earlier this month after it said it thought it had struck oil at its Rachel North well, only to have to announce later that the well contained mainly water.Desire said it had learned lessons from the failed well and would press ahead with more exploration.The group started the new well in its wholly-owned Tranche I in the North Falkland basin on Saturday.Once finished, Desire will hand over the Ocean Guardian rig to another explorer, Rockhopper, which will use it before returning it to Desire to drill a well at a location still to be decided. Controversy has dogged drilling by Desire and other UK oil firms amid opposition to their operations from the Argentinian government. whatsapp whatsapp FALKLAND Islands oil explorer Desire Petroleum has started drilling a new well after suffering disappointment with its last attempt to strike oil in the South Atlantic.Desire has begun drilling its Dawn/Jacinta 25/5-1 well in the North Falkland Basin.The group said it expected to take about a month to drill the well and would make more announcements when appropriate.The group’s shares soared and then tumbled earlier this month after it said it thought it had struck oil at its Rachel North well, only to have to announce later that the well contained mainly water.Desire said it had learned lessons from the failed well and would press ahead with more exploration.The group started the new well in its wholly-owned Tranche I in the North Falkland basin on Saturday.Once finished, Desire will hand over the Ocean Guardian rig to another explorer, Rockhopper, which will use it before returning it to Desire to drill a well at a location still to be decided. Controversy has dogged drilling by Desire and other UK oil firms amid opposition to their operations from the Argentinian government. Share KCS-content Desire presses on with drilling in Falkland Isles last_img read more

first_imgMonday 3 January 2011 10:32 pm whatsapp whatsapp KCS-content Show Comments ▼ Tags: NULLcenter_img More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.com by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definition Travel group bosses gain after failure Share THE former finance director of Europe’s largest tour operator has pocketed a £757,000 share deal just weeks after he stepped down over a £117m black hole in the firm’s accounts.Paul Botwell, who exited TUI Travel in October, gained from a share payout to five senior directors amounting to £4.9m on 30 December.Chief executive Peter Long also gained from the arrangement, which comes on top of a £3m share payout in February and in addition to salary, cash bonuses and pension fund top-ups.The operator, which owns the Thomson and First Choice brands, said last night the deal was not linked to financial performance this year, instead forming part of a three-year reward scheme relating to 2007 performance.Botwell, 42, left the company after an IT error led to an accounting discrepancy. The glitch came following the firm’s acquisition of First Choice in 2007, when two computer systems were brought together.Although the impact was initially downplayed, the firm’s auditor KPMG found £117m of “irrecoverable balances” lost in an accounting black hole.Yet a dispute between the operator and KPMG led to the two parting ways, with PricewaterhouseCoopers expected to take over following TUI’s general meeting early next month.TUI moved to write off the amount, which resulted in a reduction in profit from £443m to £401m for the year to 30 September 2009, with a further £5m hit in the year to 30 September 2010. last_img read more

first_img whatsapp Virgin witholds BAA charges in snow row Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Herald whatsapp KCS-content center_img SIR RICHARD Branson’s airline Virgin Atlantic has refused to pay fees owed to airport operator BAA following the chaos at Heathrow during the icy weather, and said it might take legal action. Virgin plans to withhold bills for landing and parking planes until it sees the results of an internal BAA inquiry into the disruption, due to be published in March.“We’re exploring our legal options but will continue talking to BAA and want the inquiry into what happened last month to be both independent and robust,” Virgin Atlantic spokesman Greg Dawson said yesterday.Heavy snowfall paralysed BAA’s Heathrow airport the week before Christmas, leading to a spate of flight cancellations after the second runway was closed.“We have written to BAA this weekend to advise them that we are withholding our fees from the airport operator until its inquiry into the snow enforced runway closures in December is completed,” Virgin Atlantic said in a statement.Payments withheld by Virgin are thought to be worth less than £10m. BAA’s parent company Ferrovial is legally entitled to seize Virgin’s aircraft for not paying bills, but the firm did not mention this option yesterday. BMI, which complained about BAA’s fees penalising domestic flights last year, also said it was seeking compensation from BAA. BAA said in a statement: “Heathrow’s conditions of use do not provide any basis for Virgin Atlantic or any other airline to withhold airport charges.” It added that it is working with airlines while its enquiry progressed. Monday 10 January 2011 8:26 pm More From Our Partners Mark Eaton, former NBA All-Star, dead at 64nypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Show Comments ▼ Tags: NULLlast_img read more

first_img Show Comments ▼ Tags: NULL Read This Next’Pose’ Creator Steven Canals on Life After His Groundbreaking Show: ‘I’mThe Wrap’The Boys’ Star Aya Cash Took Inspiration From YouTube, TikTok and SteveThe WrapHow HGTV’s ‘Renovation Island’ Changed Bryan and Sarah Baeumler’sThe Wrap’Bridgerton’ Stars Phoebe Dynevor and Nicola Coughlan on Daphne andThe WrapBest Wine Gifts & Wine Accessories at Every PriceGayot’Hitman’s Bodyguard’s Wife’ Earns $17 Million 5-Day Opening as Box OfficeThe WrapFox News’ Mark Levin Says Capitol Riot Suspects ‘Would Be Treated Better’The WrapEverything We Know, or Think We Know, About the Time-Keepers on ‘Loki’The Wrap’The Crown’: What Went Into Finding Princess Diana and Margaret ThatcherThe Wrap Share whatsapp Friday 14 January 2011 2:37 pm center_img whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoMoneyPailShe Was Famous, Now She Works In {State}MoneyPailUndoBetterBe20 Stunning Female AthletesBetterBeUndoTaco RelishOnly People With An IQ Of 130 Can Name These ItemsTaco RelishUndoMoney VersedWoman Shares The 5 Words She Said That Left Her Boyfriend In AweMoney VersedUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoNight DailyHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeNight DailyUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndoNews SharperGrab A Tissue Before You See Richard Simmons At 72News SharperUndo ENERGY giant BP is in talks with Russian state-owned oil company Rosneft over a possible deal, it has announced.BP, which owns 1.4 per cent of Rosneft, has called an emergency press conference at its London headquarters at 9pm tonight to announce full details of the deal.Reports have suggested the deal would be in the form of a share swap with Rosneft taking a large stake in BP.“Following recent press speculation, BP confirms that it is in discussions with Rosneft relating to a possible arrangement. A further announcement is to be made later today,” a BP spokesman said.BP, which acquired the minority stake Rosneft stake in an IPO in 2006, has said previously that it did not intend to sell it. alison.lock BP in deal talks with Russia’s Rosneft last_img read more

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com Thursday 20 January 2011 8:12 pm Aviva to slash debt as Europe chief quits SPECULATION over the exit of Aviva’s European head Andrea Moneta overshadowed a promising update on the insurer’s strategy and finances yesterday.The world’s sixth-largest insurer told investors it planned to cut the hybrid debt on its balance sheet by at least £700m over the next three years, using internal cash to fund repayments of about £250m per year. UBS analyst James Pearce said the presentation held “few major surprises but the decision was helpful ahead of the introduction of new capital requirements for insurance companies in European Solvency II regulation. “Debt reduction is clearly welcome given Aviva’s above average gearing, and tidies up the balance sheet ahead of Solvency II, which has a bias in favour of Tier 1 capital over Tier 2,” he said.But the surprise decision to replace Aviva’s European chief executive Moneta, after just 18 months, with its North American head Igal Mayer left the market scrambling for an explanation yesterday.Moneta, a board director at Aviva, will leave in February by “mutual consent to pursue new challenges in the industry,” the firm said. Analysts suggested the exit could be linked to problems with the pace of change Moneta was implementing in Europe. Other reports said the move would clear the way for current UK chief executive Mark Hodges to eventually replace group head Andrew Moss. Show Comments ▼ whatsapp KCS-content center_img whatsapp Tags: NULL Share More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comlast_img read more

first_img Share Show Comments ▼ whatsapp Sage boosted by small businesses Wednesday 26 January 2011 3:01 am Tags: NULL Accountancy software firm Sage Group said that a gradual recovery in spending by small businesses had continued in its first quarter, keeping the north east England-based group on track.Sage, which sells software to 6.3M small and medium-sized businesses, said results for each of its regions were in line with expectations, with a resumption in revenue growth continuing.The company said in December that organic revenue grew by three per cent in the six months to end-September, the second half of its fiscal year, marking the first return to growth in software revenue since the second half of 2007.Chief Executive Guy Berruyer said: “Our principal markets continued their gradual recovery in the quarter, and I am pleased that our results were in line with our expectations.”Sage said it cut its debt to £187m at 31 December from £219.8m three months earlier. More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com John Dunne whatsapp last_img read more

first_img Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Accountancy software firm Sage Group said yesterday a recovery in spending by small businesses had continued in its first quarter, helping it to hit its forecasts for the period.This marks the first return to growth in software revenue since the second half of 2007.Sage, which sells software to 6.3m small and medium-sized businesses, said results for each of its regions were in line with expectations.The company said in December that organic revenue grew by three per cent in the six months ending September, the second half of its fiscal year.Chief executive Guy Berruyer said: “Our principal markets continued their gradual recovery in the quarter, and I am pleased that our results were in line with our expectations.”Sage said it cut its debt to £187m from £219.8m three months earlier.Meanwhile, German business software maker SAP forecast double-digit revenue growth this year and raised its dividend 20 per cent.The firm says it wants to refocus investor attention on its future prospects after a damaging court battle with US rival Oracle.Chief financial officer Werner Brandt said the dividend hike to €0.60 (52p) shows “confidence in our business going forward”.He said: “We showed rock-solid revenue across the globe [in the fourth quarter], particularly in the fast-growing emerging markets.”SAP shares closed 1.4 per cent lower at €41.13 as analysts and traders pointed to a strong run-up in the shares prior to the results, adding that the dividend increase was in line with expectations. Wednesday 26 January 2011 7:11 pm whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautCheese Crostini: Delicious Recipes Worth CookingFamily Proofcenter_img whatsapp Small firms help put Sage back on track Show Comments ▼ KCS-content Sharelast_img read more

first_img Tags: NULL Private sector employment increased by 187,000 in the US last month, according to a survey released yesterday. The ADP measure, described as “the least worst of the monthly payrolls indicators” by ING’s Rob Carnell, also showed a strong rise of 247,000 the previous month. whatsapp Jobs boost in America Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily Proof Share Show Comments ▼center_img Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionUndoBetterBe20 Stunning Female AthletesBetterBeUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoBlood Pressure For LifeWhy Doctors May No Longer Prescribe Blood Pressure MedsBlood Pressure For LifeUndoDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionUndo Wednesday 2 February 2011 8:25 pm whatsapp KCS-content last_img read more

first_imgFriday 11 February 2011 5:18 am whatsapp Share Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut whatsapp Tags: NULL John Dunne center_img Show Comments ▼ Manufacturers’ input costs rose at their fastest annual rate in more than two years in January, led by sharp increases in the cost of oil and imported metals and materials, official data showed.The Office for National Statistics said producer input prices rose 13.4 percent on the year in January, the biggest rise since October 2008. That compared with a revised 12.9 percent in December and was well above forecasts for an annual rate of 12.6 percent.Producer output prices rose 4.8 per cent on the year, the highest rate since May 2010 and also above forecasts for an annual rise of 4.4 per cent.The figures are likely to worry Bank of England policymakers at a time when consumer price inflation is already nearly double its 2 percent target.The rise in input prices was mainly driven by a 28.8 percent annual rise in the price of crude oil –the biggest increase since May 2010.Prices of imported metals and materials also contributed to the upward pressure.The Bank of England voted to hold interest rates at 0.5 per cent at its monthly meeting on Thursday, but some economists think that it may use next week’s quarterly inflation forecasts to prepare the ground for an increase in the coming months. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndoBetterBe20 Stunning Female AthletesBetterBeUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndo Producer prices up more than forecast last_img read more

first_imgSunday 13 February 2011 11:02 pm Chinese economy overtakes Japan Share Tags: NULL whatsapp whatsappcenter_img Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Show Comments ▼ China has become the world’s second largest economy, overtaking Japan, it was revealed last night. Japan’s GDP shrank by 0.3 per cent in the quarter, the first decline for five quarters but slightly better than expected. KCS-content last_img read more

first_img Share Tags: NULL KCS-content whatsapp Toyota will launch home battery chargers for electric and plug-in hybrid cars next year as it starts selling new models of environmentally friendly cars. The chargers, which will be compatible with non-Toyota cars, will come in two types, according to weekend reports. One would extend from the exterior wall of a home and the other would be for setting up in a garage. The company expects to sell 20,000 to 30,000 units in the first year, with each costing about several tens of thousands of yen to 200,000 yen (£1,480) including installation costs. Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrapcenter_img whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamUndo Sunday 20 February 2011 10:52 pm Toyota to sell home car chargers Show Comments ▼last_img read more

first_img whatsapp Tags: NULL Share JOB LONGBROEK | DAVY STOCKBROKERSExploration continues to be a major source of new value for the group. During the year, it participated in 29 wells with an 83 per cent success rate. If we take into account Ghanaian discoveries and the hopefully reinvigorated Ugandan business, output net to Tullow of significantly over 200,000 barrels per day is possible, changing the group’s profile entirely.RICHARD GRIFFITH | EVOLUTION SECURITIESTullow had a very good 2010: reserves and resources increasing 60 per cent, its first deepwater development offshore Ghana started up on time and had an 83 per cent exploration success. Yet the shares are only up 15 per cent year on year, reflecting how the Ugandan issue has dragged on the stock.CHARLIE SHARP | MATRIXThe financials were a smidge lower than expected but primarily due to higher finance charges. The Julbilee field is performing just about in line with expectations, although the ramp up to 120,000 barrels of oil per day is a tad slower than initially expected. Still no resolution on Uganda, nor any indication of timing. This should not be a surprise, but pressure will mount to sort this quickly now that the election is over. ANALYST VIEWS: HOW WERE TULLOW RESULTS? Wednesday 9 March 2011 8:00 pm whatsapp Show Comments ▼ KCS-content Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wraplast_img read more

first_img John Dunne whatsapp The Bank of England’s supervisory board said that it was uncomfortable with the way Governor Mervyn King’s comments on fiscal policy had been used for political means and that the bank should have “shouted louder” to warn of an impending financial crisis.The chairman of the Bank’s board of directors expressed unease that King had made comments on fiscal policy that were open to a partisan political interpretation.David Lees, who chairs the Bank’s Court of Directors and oversees its Monetary Policy Committee, was asked by a parliamentary committee about a speech King gave in January in which he endorsed the government’s fiscal course.“I’m not terribly comfortable with that because that’s moving away from the general to the particular,” said Court chairman David Lees, who otherwise said he was happy with King’s remarks on the need for fiscal tightening.But Brendan Barber, who heads the umbrella trade union body as well as sitting on the Bank’s Court, put the blame on the coalition for misrepresenting King’s remarks.“They sought to present his remarks as an endorsement of (their) strategy. I think that was very unfortunate and did risk getting the bank drawn in an unhelpful way in what is a very political debate,” Barber said. “I didn’t see (King’s remarks) as a significant variation from his earlier comments.”The Labour Party has occasionally criticised King for compromising the Bank’s independence by apparently endorsing the coalition’s budget plans. King says that fiscal consolidation is necessary — a view shared by all major UK parties – but that he is neutral on whether taxes are raised or spending cut to reduce the budget deficit.Legislators criticised the Court of Directors for not taking a greater interest in the risk of the Bank getting politicised in the debate about how to reduce the budget deficit.Asked what action the Court could take if it felt Governor King had compromised the Bank’s independence, Lees said he would have a “very serious conversation” with King but stopped short of saying whether he would publicly call for King to go.Another Court member said the Bank could have publicised risks to the banking sector more vigorously in the run-up to the financial crisis, although it may not have made any difference.“In terms of what it could have done in the run-up to the crisis, it may have been able to have shouted louder. Whether people would have listened is questionable,” said Roger Carr, a member of the Bank’s Court of Directors since June 2007. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBePeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople Todayautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldDrivepedia20 Of The Most Underrated Vintage CarsDrivepedia Tuesday 15 March 2011 11:37 am Share More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comcenter_img whatsapp Bank board uneasy over King deficit comments Show Comments ▼ Tags: NULLlast_img read more

first_img More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com James Bond studio backs £96m Peel bid Share KCS-content whatsapp Show Comments ▼ Wednesday 27 April 2011 8:16 pmcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastHero WarsThis game will keep you up all night!Hero WarsLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsGundry MD Total Restore SupplementWhat Rice Does to the Human BodyGundry MD Total Restore SupplementFilm OracleHer Love Triangle Inspired 3 Of The Most Popular Songs Ever WrittenFilm OracleThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute Workout PINEWOOD Shepperton, the iconic British studios that has played host to screen legends including James Bond and Harry Potter, looks set to be sold to Peel Holdings for £96m.Peel fought off an eleventh hour rival approach from controversial Fulham FC owner Mohamed al Fayed. The former Harrods owner is thought to be mulling an improved offer before the deal closes in the summer.If the bid is ratified by shareholders, Peel will pay 200p a share for the 70 per cent of the firm it does not already own, an increase of £8m on its previous offer. It represents a premium of 37.6 per cent to the average closing price for the three months prior to the bid.Pinewood chairman Michael Grade, who has faced calls for his resignation from major shareholder Crystal Amber, said: “The directors have recommended this offer to shareholders as it delivers certainty at an attractive premium.“This stable time in a volatile industry offers shareholders an opportune moment to realise value. “Peel has been a most supportive shareholder, committed to our strategy and vision for the group.”Pinewood was advised by JP Morgan and BDO.John Whittaker, chairman of the Peel Group, said: “The acquisition represents an attractive proposition for the shareholders of Pinewood. “Peel represents a long-term strategic partner for Pinewood in continuing to grow and develop the business.” Al Fayed declined to comment on the recommendation yesterday.The studios last month revealed a plan to invest millions over the next few years to help finance small British films. It says it will set aside money for productions with a budget of around £2-3m. whatsapp Tags: NULLlast_img read more