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Harris is JJB’s largest shareholder

first_img KCS-content More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.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.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.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.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comConnecticut man dies after crashing Harley into live bearnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.com Harris is JJB’s largest shareholder Wednesday 11 August 2010 8:24 pm US investor Harris Associates has increased its stake in JJB Sports to 17.9 per cent, making it the biggest shareholder in the recovering sportswear retailer. Harris upped its stake to 116m shares from 104m over the last few days. Last week it raised its stake from 93m. The share-buying spree takes Harris Associates ahead of Crystal Amber, which has a 15.4 per cent stake in JJB. Chief investment officer at Harris Associates, David Herro, has been a long-term shareholder in the retail chain. Tags: NULL whatsappcenter_img Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy FanBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorBrake For ItThe Most Worthless Cars Ever MadeBrake For ItTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite Herald Share whatsapp last_img read more

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Rio to press on with expansion

first_img whatsapp whatsapp Tags: NULL Monday 30 August 2010 9:23 pm Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsUndoAll Things Auto | Search AdsNew Cadillac’s Finally On SaleAll Things Auto | Search AdsUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndoDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndoinvesting.comCanceled TV Shows Announced: Full Updated Listinvesting.comUndo Sharecenter_img Rio to press on with expansion KCS-content Show Comments ▼ MINING group Rio Tinto signalled yesterday it was pushing ahead with its expansion plans in iron ore while it awaits competition authority clearance to form a partnership with rival BHP in Australia.The firm said it had approved $1.6bn (£1.03bn) to expand its Hopes Downs iron ore mine project in Western Australia, with first production expected in 2013. The 15m tonne project is a far cry from the 155m tonnes anticipated from the joint venture with BHP, but underscores Rio Tinto’s aim to expand with or without BHP. 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 Prooflast_img read more

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Emerging markets to buoy Pernod Ricard

first_img LOOK to the top of any global blue-chip company these days and you’re likely to find an accountant playing a key strategic role and not simply doing the books.Gilles Bogaert, managing director of finance at Pernod Ricard, is no exception. Having originally joined the French drinks giant in 1995 as an internal auditor, Bogaert is now one of three managing directors who report to group chief executive Pierre Pringuet. After working across the organisation with spells in Central and South America, as well as heading audit and business development at the holding company, Bogaert was later appointed chairman and chief executive of Pernod Ricard in Brasil before taking up his current role last year.It is this experience and appreciation of emerging markets that leaves Bogaert particularly well placed to help deliver Pernod Ricard’s strategy. The message from the world’s joint leader in wines and spirits is that organic growth remains the priority, with emerging markets a key driver.This follows a period of acquisitions which culminated in the €5.6bn (£4.91bn) purchase of Swedish group V&S – including the flagship Absolut vodka brand – in July 2008. Bogaert insists Pernod Ricard is not looking for any more acquisitions in the immediate future. “We believe we have the right portfolio and are in all the key markets,” he says. The drinks cabinet also includes Ricard pastis, Chivas Regal and Glenlivet Scotch whiskies as well as Jameson’s Irish Whiskey, Martell cognac and Beefeater gin.These brands have helped boost profits in Asia and other emerging markets, with China, India, Vietnam, Africa and the Middle East seeing big uplifts in sales. Emerging markets now represent a third of group sales. This expansion has helped offset flat sales in the US, Bogaert explains, where the trading environment remains tough despite signs of life during the second half. Closer to home, confidence is returning after a solid six months and European sales trends are improving, with France and Germany seeing profits increase while Spain, UK and Ireland are flagging.Group sales slipped two per cent to €7.08bn in the last financial year, with profit from recurring operations down three per cent to €1.79bn. However, organic sales grew two per cent, and profits from organic growth were up four per cent in the same period.Premiumisation – selling more premium products at higher prices – remains a key strategy for the big drinks companies. This has seen Pernod Ricard invest its biggest advertising spend yet into Absolut. Pernod Ricard is sticking to this strategy despite increased worries about how austerity cuts will hit consumer sentiment around the world. The group’s top 14 brands have been growing twice as rapidly as the other brands in its portfolio, Bogaert argues. Nine enjoyed positive organic growth.Looking ahead the company continues to pay down its debts and grow profitability. “The best way to improve profitability is to grow the top line,” Bogaert says. “We want to do it with premium brands and to do so we have the right investment behind the right brands in the right geographies. We believe we have made a good compromise between building long-term value and short-term profitability.” Emerging markets to buoy Pernod Ricard Show Comments ▼ whatsapp KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times whatsapp Share Tuesday 12 October 2010 8:22 pm Tags: NULLlast_img read more

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It’s not all doom and gloom in the City

first_img KCS-content Share 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 Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCutethedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterBeach RaiderSee The Woman Bradley Walsh Is Dating At 61Beach Raider whatsapp IT is important, every so often, to focus on what is going right, rather than on what is going wrong, and on hope, optimism and success rather than failure and misery. That was one of the reasons for City A.M.’s inaugural awards last night, where we celebrated the best and brightest firms and individuals that are leading London’s private sector recovery. I recommend the full coverage of our awards, on page 1 and pages 10 to 14.It is vital that those of us who believe that London’s financial and business community must prosper and grow again identify and highlight examples of good practice and successful innovation. Many of the individuals and firms that we recognised are truly exciting. I will single out just three that I find particularly interesting: Burberry, winner of our company of the year award; Neptune, our fund manger of the year; and Inflexion, our alternative manager of the year. Congratulations to them and to all our other winners – not least Boris Johnson, our personality of the year.GERMANY BOOMINGContrary to what almost every commentator was expecting, Germany has emerged as one of the great recovery stories of the past year. Its rebound, partly driven by buoyant exports of capital goods, has been truly spectacular. The newsflow has remained exceptionally good, with unemployment falling again yesterday despite the ending of special job markets subsidies. The IFO index rose to 107.6 in October, driven by an increase in the expectation component, suggesting more growth ahead.The main reason for Germany’s success – which comes after decades of paltry expansion and general morosity – is its renewed competitiveness. Following the launch of the euro, Germany realised that it would not be able to devalue its way to prosperity. It thus became the only significant European economy to actually take an axe to its costs and to tighten its belt. Wages remained subdued for years; its public spending is now far lower as a share of GDP than Britain’s. This, together with other reforms, has allowed the German economy to shrug off the strength of the euro, which many believed would neuter its performance.Paradoxically, however, Berlin’s success is proving to be a headache for the European Central Bank and further confirmation that the single currency is in terminal crisis. The gap between booming Germany and the near bankrupt peripheral countries, such as Greece, is greater than ever. As Societe Generale’s economists cogently argue, the euro’s strength is having a deeply asymmetric effect, by harming the growth prospects of the less competitive southern Europe while barely impacting Germany’s manufacturing sector. Italy is a prime example of the losing side of the equation: close to two-thirds of its deficit for August was accounted for from outside of the EU, the SocGen research suggests. Persistent euro strength will accentuate divergences and lead to even bigger imbalances in the region. The euro was always an artificial construct, an attempt by Eurocrats to forge a political union by using economic tools. The only country that has truly attempted to make this work is Germany, the Eurozone’s long-suffering paymaster. Yet monetary union is doomed: it has already been holed beneath the waterline by the Club Med nations’ absurd profligacy; another shock, let alone a full-scale sovereign default, would kill it off completely. Mark my word: it will end in tears. [email protected] Show Comments ▼ It’s not all doom and gloom in the City Thursday 28 October 2010 9:30 pm whatsapp Tags: NULLlast_img read more

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Greece’s ruling party in early elections lead

first_img whatsapp Greece’s ruling party in early elections lead whatsapp Tags: NULL More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKansas coach fired for using N-word toward Black playerthegrio.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comWhy people are finding dryer sheets in their mailboxesnypost.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comKiller drone ‘hunted down a human target’ without being told tonypost.com Sharecenter_img Show Comments ▼ GREECE’S ruling PASOK socialist party was ahead in most regions in crucial local elections yesterday, an official estimate showed, in a boost for Prime Minister George Papandreou as he seeks support for harsh austerity measures.Papandreou has threatened to dissolve parliament, barely a year after coming to power, if the first round of the regional elections fails to give him a clear mandate to pursue budget cuts and reforms agreed in May under a €110bn (£95.5bn) EU/IMF bailout to save Greece from bankruptcy.It was unclear whether Papandreou would judge that voters had given him sufficient endorsement. In the 2009 national elections, PASOK won in all 13 regions.An opinion poll by pollster GPO for Mega TV, conducted on Saturday, showed 61 per cent of voters said they would cast a protest vote against the government.A survey by PASOK showed their candidate leading in Attica, the key wider Athens region. A rebel MP, ousted from the party’s parliamentary group for voting against the EU/IMF bailout that saved Greece from bankruptcy, had previously been seen ahead. “I am not glued to my post. I am only interested in fighting for my country … It’s up to the citizens to decide whom they trust to govern the country,” Papandreou told Ethnos newspaper in an interview published yesterday.Greece is widely seen as one of the weakest of the Eurozone countries. Sunday 7 November 2010 9:15 pm KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal 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 Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryDirect HealthyKate Silverton’s PartnerDirect Healthythedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comlast_img read more

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iSoft sells iBS arm to Capita

first_imgTuesday 14 December 2010 8:57 pm Debt-laden healthcare IT firm iSoft yesterday offloaded its financial management solutions arm to outsourcing group Capita.It sold iSoft Business Solutions (iBS) to Capita for £23.2m after it was earmarked as “non-core”. Last year the division generated revenue of £17.7m, and £5.8m in earnings. The firm behind the £6.2bn upgrade of the NHS computer systems – one of the world’s largest IT projects – was rocked by a series of scandals involving making misleading statements to the market between 2003 and 2005, ending with its former accountant Ian Storey being banned for eight years. Problems with the NHS IT programme have also hit the firm, sending its share price tumbling a staggering 90 per cent this year alone.The firm, which was bought by Australia’s IBA Health in 2007, is desperate to repair its dented reputation and claw itself back into the black. Its debt pile stands at around £150m, although some of the proceeds of the sale will go towards paying this down.Storey accepted he had provided “false and misleading” information to iSoft’s former auditors in relation to an iSoft contract.Chief executive Andrea Fiumicelli said: “While iBS is a profitable business, its key products, Oracle’s e-business suite and Integra financial accounting solutions, have little overlap with iSoft’s proprietary core patient-focused healthcare IT business. Given this, and our strong desire to reduce debt, the divestment was deemed appropriate and in line with our strategy of focusing on core patient-specific healthcare products going forward.” whatsapp whatsapp KCS-content Tags: NULL Share iSoft sells iBS arm to Capita 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 Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe 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 WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap Show Comments ▼last_img read more

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What the other papers say this morning

first_img What the other papers say this morning Wednesday 22 December 2010 8:50 pm Share whatsapp KCS-content Tags: NULL More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.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.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comColin Kaepernick to publish book on abolishing the policethegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comKiller drone ‘hunted down a human target’ without being told tonypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comKansas coach fired for using N-word toward Black playerthegrio.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com Show Comments ▼ whatsapp FINANCIAL TIMESPATTEN TOPS LIST TO CHAIR BBC TRUSTSix people are on the shortlist to be the next chairman of the BBC Trust, according to two insiders who have seen the document. Lord Patten, former Conservative party chairman and the last governor of Hong Kong, is clear favourite. But Sir Howard Davies, director of the London School of Economics, might be preferred if the BBC were to be subject to more stringent reforms, the pair said.ONION CRISIS ADDS TO INDIAN PM’S WOESManmohan Singh, India’s Prime Minister, already under fire over a multibillion-dollar telecoms corruption scandal, suddenly has a more down-to-earth problem on his plate – the skyrocketing price of onions. Their price at India’s retail vegetable markets has doubled from Rs35 ($0.78) per kg to Rs80 in the past few days, angering consumers already feeling the pinch from a year of food price inflation and rising fuel prices.WALL STREET POISED FOR EARNINGS HITWall Street’s fourth-quarter results are set to be dogged by sluggish trading activity as Europe’s economic woes and rising competition deprived banks such as Goldman Sachs and Morgan Stanley of a key source of profits, executives and analysts said. Lacklustre earnings in fixed income trading in the past two quarters of 2010 after a robust first half will put pressure on banks to pay smaller bonuses to traders. Last year, as the financial crisis receded, star traders in the bond, foreign exchange and commodities markets received large pay-outs on the back of surging profits. Several analysts have already cut their fourth quarter profit forecasts.THE TIMESLET RIVALS JOIN THE WHITEHALL CLUB, FOX WARNS DEFENCE ELITELiam Fox has demanded that Britain’s most powerful grouping of defence companies become more representative and less “clubby” or risk being frozen out of government circles.The defence secretary is understood to be concerned that while the Defence Industries Council has access to the highest levels of his ministry, it represents only nine of the 9,000 companies in the sector.TYCOON SET TO TEST APPETITE FOR REDBACKHong Kong’s wealthiest tycoon is poised to test the city’s appetite for renminbi-denominated shares with a 10bn renminbi (£977m) of stock in a REIT as the former British colony seeks to make itself the global launch pad for the Chinese “redback”.The Daily TelegraphUK ECONOMY COULD CONTRACT IN 2011, WARNS BANK OF ENGLAND’S PAUL FISHERA senior Bank of England official has warned that the economy may suffer another period of contraction in 2011, more than a year after the recession officially ended. Paul Fisher, executive director of markets and a member of the Monetary Policy Committee (MPC), warned: “It’s not impossible that we would see a quarter of negative growth.”RECORD £10BN DROP IN UK EXPORTS BLAMED ON BANKER BASHINGOfficial figures show the biggest ever drop in UK exports of financial services – down by £10bn or one fifth in a year – according to a leading economist who blames banker bashing critics in government and the media. Tim Congdon has based his analysis on Central Statistical Office figures.WALL STREET JOURNALWALGREEN PROFIT RISES 19 PER CENTWalgreen’s earnings rose 19 per cent as the drugstore operator benefited from cost controls and its slowing of new-store openings. The US’s largest drugstore chain has seen its monthly results mostly buck the sector’s general weakness, with pharmacy operations that far outpaced its rivals. AIG NEARS CHOICE OF BUYER FOR TAIWAN LIFE INSURERDirectors of American International Group are expected to confer todayto try to agree on a preferred bidder for its Taiwan business, according to people familiar with the situation. That choice likely will be announced next week, the people said. AIG has been struggling to raise more than $2bn by selling Nan Shan Life Insurance. The company has been winnowing the list of suitors based on who is likely to win approval from a local regulator last_img read more

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Smaller finance firms are creating more City jobs

first_imgWednesday 2 February 2011 8:33 pm More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.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.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.com whatsapp Smaller finance firms are creating more City jobs whatsapp Sharecenter_img Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeAmoMediaMan Leaves Wife For Her Sister, Her Revenge Is BrilliantAmoMediaMold Removal | Search AdsBathroom Mold Removal Tips That Might Surprise Most AmericansMold Removal | Search Ads5log – Livinguard®This mask has been sold out in Germany 5 days after the government has tighten up5log – Livinguard®StyleVamp11 Celebs And Their Historical DoubleStyleVampBewadaHusband Divorced His Wife After Looking Closer At This PhotoBewadaCleaning Services | Search AdsHere’s What Cleaning Services In Scottsdale Should Actually CostCleaning Services | Search AdsfddStimulus News Updatesfddvirimi.com14 Efficient Arm Workouts To Build Might & Muscle – Virimivirimi.comadvisor15 Plants that Repel Mosquitoes Naturallyadvisor SMALLER financial firms are growing faster than the bigger banks since the recession and now employ more than 350,000 people in the UK, according to research seen by City A.M.FSA-registered finance firms with fewer than 250 staff now employ around 45 per cent of the market up from 43 per cent in 2007, says a research paper released today by the New City Initiative, a group of independent asset management firms. The research, based on FSA figures, also shows that smaller finance groups hired more women after 2007, though the gender ratio of 87 to 14 per cent still lags behind the larger banks. Mark Hoban MP, financial secretary to the Treasury, said the report “is an important reminder that the City of London is so much more than just the big banks”. Tags: NULL KCS-content last_img read more

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House prices bounce back in the capital

first_imgMonday 7 March 2011 8:32 pm whatsapp 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 AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definition Tags: NULL whatsapp LONDON is rebounding from the UK’s housing market slump, the Royal Institution of Chartered Surveyors (RICS) revealed today.While house prices continued to fall throughout the rest of the country, prices actually rose in the capital in February, according to the latest RICS survey.A positive balance of 14 per cent of surveyors reported jumps in London house prices, compared to negative balances in all other regions. The south east was the least negative, with 16 per cent more surveyors reporting a decline in prices than a rise.“Broad trends in the survey indicate an increasing variation in the housing market across the UK with London and to a lesser extent the south east operating in a very different orbit,” said RICS spokesperson Jeremy Leaf.Wales (-58 per cent) and Yorkshire and Humberside (-51 per cent) were the worst performing regions.London was also the only region to report positive price expectations for the next three months.And new buyer enquiries were up strongly in the capital, well above the national average. Only Scotland recorded a larger increase in new enquiries for house purchases in February.Across the UK, 26 per cent more surveyors said that prices fell in February, compared to those who said prices rose.However, despite house prices continuing to drop nationally, there were signs that the market may be about to bottom out. A majority – 56 per cent – of respondents have reported prices as level for two months in a row, according to the section of data that is not adjusted for seasonal variations. And less than a third, 32 per cent, of surveyors reported lower prices in February – down from 50 per cent in December. center_img Share House prices bounce back in the capital Show Comments ▼ 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’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 WrapKatt Williams Explains Why He Believes There ‘Is No Cancel Culture’ inThe Wrap KCS-content last_img read more

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Moody’s cuts Spain’s debt rating

first_img whatsapp Tags: NULL Rating agency Moody’s has downgraded Spain’s sovereign debt rating by one notch and warned of further cuts to come.The cut in the rating – to Aa2 from Aa1 – drove the euro to session lows against the dollar, while the premium investors charge for Spanish ten-year debt instead of German Bunds expanded to its widest point in two months at 232 basis points before narrowing again to 226.Moody’s added that it was concerned that bank restructuring will cost more than twice what the government expects.“(Moody’s) believes there is a meaningful risk that the eventual cost of the recapitalisation effort could considerably exceed the government’s current projections,” it said in a statement.Kathleen Brooks, research director for forex.com, said the timing of the announcement shocked the market and “caused a large knee-jerk reaction with the euro sold across the board.”But she said it reassured as well.“The crucial point to note in Moody’s announcement is that it does not think that Spain’s debt burden is unsustainable and thus it is optimistic that Spain will avoid the need for a bailout,” she said.The Bank of Spain will release its own report on banks’ capital needs after markets close.The government and central bank have forecast no more than €20bn (£17.2bn) would be needed to recapitalise weak banks.But Moody’s said the overall cost was likely to be nearer €40-50bn. In a more stressed scenario recapitalisation needs could even rise to around €110-120bn, it said. Show Comments ▼ Thursday 10 March 2011 12:24 pm Moody’s cuts Spain’s debt rating whatsapp alison.lock Share 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