Southern Cross shares dive on debt worries

first_img KCS-content Southern Cross shares dive on debt worries Share Monday 14 March 2011 9:25 pm whatsapp Show Comments ▼ More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comcenter_img 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 TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 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 Herald SHARES in healthcare group Southern Cross plunged by up to 60 per cent yesterday as the company admitted it was struggling in the face of NHS and council budget cuts. The company has appointed KPMG to look at restructuring options after cuts in local authority spending worsened its trading outlook.It said yesterday that it was no longer in talks with potential buyers. while it also admitted it was in danger of defaulting on debts. The joint blow sent its stock into a nosedive.“The company’s lenders are aware of an impending banking covenant breach but remain fully supportive of the actions which the company is taking to address its problems,” Southern said.The firm provides care to more than 31,000 people, with the bulk of funding coming from the NHS and councils. Budget cuts have left the company reeling as it struggles to meet rents on its buildings. On potential takeovers Southern added: “The board considers that none of these proposals are likely to result in a meaningful offer being made in the foreseeable future and has decided not to pursue them further.”Southern’s shares closed 64.6 per cent lower yesterday at 5.57p. Tags: NULLlast_img read more

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  • Coke to stay on Wall Street

    first_imgSunday 26 September 2010 9:57 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 PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe 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.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com KCS-content whatsapp More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comWhy people are finding dryer sheets in their mailboxesnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com Coca Cola Enterprises (CCE) will remain listed on Wall Street although it could one day take a secondary listing on the London Stock Exchange (LSE), an insider has told City AM. The news comes as the board of CCE, which bottles and distributes the soft drink, votes on whether to sell its North American distribution business to Coca-Cola on 1 October in a deal valued at £9.5bn. The deal had prompted speculation that CCE, which employs around 4,500 people in the UK, might move to the LSE. The source said a listing in London “would only be something that would happen in the long term and it would only ever be a secondary listing. CCE would maintain its primary listing on the New York Stock Exchange and would remain listed in dollars.” center_img whatsapp Tags: NULL Show Comments ▼ Share Coke to stay on Wall Street last_img read more

  • BP tells court it waives spill liability cap

    first_imgTuesday 19 October 2010 7:39 pm BP tells court it waives spill liability cap Share whatsapp OIL giant BP yesterday told a court it was committed to waiving the legal cap on its liability from the Gulf oil spill, which could have limited the cost to the oil giant to $75m (£47.7bn) plus clean-up costs.“BP has chosen to waive the statutory limitation on liability under OPA,” BP said in a court filing. OPA is the Oil Pollution Act of 1990.BP has already paid out hundreds of millions of dollars to fishermen, retailers, charter boat captains and property owners who suffered from the spill, the largest in US history.The company has publicly committed to pay clean-up costs and all “legitimate claims”, rather than applying the cap.Under pressure from the Obama administration, the company has also established a $20bn compensation fund, though a slew of lawsuits have been brought against the company and its business partners.At a court hearing on the lawsuits on Friday, BP created confusion about its stance on the liability cap. It did not commit to waiving the cap at the hearing, as many plaintiffs’ attorneys had expected, and said in a statement on Friday that the cap “is not relevant”.“BP lawyers wouldn’t say on the record they would waive the cap,” said Steve Herman, a Louisiana attorney who is leading the hundreds of lawsuits against BP and its partners. “It certainly took everyone by surprise.”In the court filing, BP said it would waive the liability cap. BP also urged other defendants in the case, including rig owner Transocean Holdings, Anadarko Petroleum Corp and MOEX Offshore 2007, to waive the liability cap, according to the filing.BP also said it reserved the right to seek reimbursement from the other defendants and denied engaging in grossly negligent conduct. whatsapp KCS-content center_img Show Comments ▼ 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 ItUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndo More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comBrave 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.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.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.com Tags: NULLlast_img read more

  • Deutsche Bank posts third quarter loss

    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 PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity 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.com Deutsche Bank posts third quarter loss Deutsche Bank posted a third-quarter loss, weighed down by an expected 2.3bn euro (£2bn) charge on Deutsche Postbank, and stuck with a cautious outlook for 2011.By 2011, Germany’s flagship lender aims to achieve 10bn euros pre-tax profit at group level.“While some of the environmental variables are in line with or ahead of our assumptions, others have not yet reached the expected levels, particularly with respect to the normalization of interest rates,” the bank said.Although Deutsche Bank had warned in September that it would post a quarterly loss due to weaker sales and trading activity in July and August, it said there had been a “strong rebound” in September.Revenues in corporate banking and securities – the cash cow of Deutsche Bank’s investment bank – eased to 4.2bn euros in the third quarter from 4.4bn in the year-earlier period.It still accounted for the lion’s share of the group’s overall revenues of 5bn euros. Without the Postbank charge, Deutsche Bank’s revenues were 7.3bn euros. Show Comments ▼ whatsapp Tags: NULL whatsappcenter_img 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 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 Wednesday 27 October 2010 2:59 am John Dunne last_img read more

  • Republic’s banks face fresh woes

    first_imgThursday 25 November 2010 8:07 pm Republic’s banks face fresh woes Show Comments ▼ whatsapp whatsapp 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 ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof THE cost of recapitalising Irish banks could be even higher than the €22-27bn estimated.The potential cost of large-scale defaults in residential mortgages, currently not included in the Nama “bad bank” programme, has not been factored into recapitalisation figures by credit analysts.If Nama is forced to accept distressed residential loans for the first time it would cause a spike in contingent liabilities for the state.Meanwhile, Ireland may create a second “bad bank” by merging the remaining operations of Anglo Irish Bank and building society Irish Nationwide, and using that entity to take bad loans from other banks. center_img Share Tags: NULL 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 TimesZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter Center KCS-content last_img read more

  • UK has fewer empty homes

    first_img whatsapp Sunday 19 December 2010 10:18 pm 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 ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof 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 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.comPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definition THE number of English homes left standing empty for six months or longer dropped for the first time in three years last year, in a sign that a stagnant housing market and high rental demand is pushing up occupancy levels.The number of long-term empty private houses dropped by more than 20,000, or six per cent, in the year to April, lender Halifax’s Empty Homes survey showed today. The total number of unoccupied homes in England was 295,519 in April 2010, down from 316,056 in April 2009. Numis Securities analyst Chris Millington said more empty properties might have been brought into use because a “mortgage famine” among first-time buyers strengthened demand for rented property.Alan Clarke, economist at BNP Paribas, said the fall could have been due to a shortage of new homes. “We are not building enough houses to keep up with population growth, which may have increased occupancy rates,” he said. Others suggested that people who had invested in property might have chosen to rent them rather than sell while prices are low.The figures showed a gaping north-south divide. In southern regions just 1.1 per cent of private homes stood empty, below the national average of 1.6 per cent, but more than two per cent of all homes in the north were long-term unoccupied. Northern regions were home to almost two-thirds of all long-term empty houses. Just 1.2 per cent of London private properties were unoccupied but some boroughs bucked the trend. Tower Hamlets had the highest level in England, at 6.5 per cent of all private houses, above areas such as Liverpool on 5.2 per cent. Share Tags: NULLcenter_img Show Comments ▼ KCS-content UK has fewer empty homes whatsapplast_img read more

  • WALL ST WEEK AHEAD

    first_img Share Sunday 30 January 2011 10:12 pm US STOCKS may struggle to return to firmer footing this week if anti-government riots in Egypt destabilise the Middle East, keeping investors on edge.Cautious trading could also come if earnings do not outperform and erode optimism about profits. The government’s January jobs report on Friday will highlight the week’s economic data.Monday could see a bounce-back after Friday’s losses, followed by more consolidation, said Matt McCormick, a portfolio manager at Cincinnati-based Bahl & Gaynor. Next week, 102 S&P 500 companies are expected to report, including Dow Chemical and United Parcel Service. whatsapp whatsapp Tags: NULL 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 KCS-content 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 AthletesBetterBeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryLuxury 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 WALL ST WEEK AHEAD Show Comments ▼ last_img read more

  • WALL ST WEEK AHEAD

    first_img KCS-content Show Comments ▼ WALL ST WEEK AHEAD More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel 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.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.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comConnecticut man dies after crashing Harley into live bearnypost.com Share US STOCKS may struggle to return to firmer footing this week if anti-government riots in Egypt destabilise the Middle East, keeping investors on edge.Cautious trading could also come if earnings do not outperform and erode optimism about profits. The government’s January jobs report on Friday will highlight the week’s economic data.Monday could see a bounce-back after Friday’s losses, followed by more consolidation, said Matt McCormick, a portfolio manager at Cincinnati-based Bahl & Gaynor. Next week, 102 S&P 500 companies are expected to report, including Dow Chemical and United Parcel Service. center_img Sunday 30 January 2011 10:12 pm whatsapp 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 AthletesBetterBeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryLuxury 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 whatsapp Tags: NULLlast_img read more

  • WHAT THE OTHER PAPERS SAY THIS MORNING

    first_img KCS-content whatsapp Show Comments ▼ WHAT THE OTHER PAPERS SAY THIS MORNING FINANCIAL TIMESLLOYDS DROPS MORTGAGE BROKERS OVER SUSPECTED FRAUDConcerns over suspected fraud have prompted Lloyds Banking Group to cull the list of brokers it allows to sell its mortgages. The UK’s largest mortgage lender has removed some 900 individuals over the past four years from its “approved panel” of brokers, including 300 in the past year alone. It admitted a large number of those brokers were struck off after uncovering suspected fraudulent activity.US TREASURY URGED TO SELL ULTRA LONG BONDSThe US Treasury has been urged to sell “ultra-long” bonds with maturities of up to 100 years to help lower the government’s borrowing costs. The longest bond issued by the US has a maturity of 30 years. Extending the average maturity of its outstanding debt beyond the current 59 months would enable the US to take advantage of prevailing low yields.INDIAN IT GROUPS SHIFT FOCUSIndian IT companies intend to reduce their dependency on a US ?market they regard as protectionist, citing a decision to increase visa fees for skilled workers. Tata Consultancy Services and Infosys, the two largest Indian outsourcing companies, told the Financial Times that while the US would remain an important market, they wanted to boost revenues in Europe and emerging markets.DEUTSCHE BANK’S MOSCOW OFFICE RAIDEDRussian police raided the Moscow offices of Deutsche Bank, Germany’s largest lender, yesterday, as part of a fraud investigation into one of the bank’s clients. The Russian prosecutor-general’s office said the search was part of an investigation into a suspected $87m (£53.7m) fraud in the construction of the Hotel Moskva.THE TIMESFRANCO-GERMAN ALLIANCE CLOSER AS HYBRID CAR DEAL IS SIGNEDThe prospects of a marriage combining steely German success with French panache has long been the subject of saloon car chatter. But while the big day may be some way off, the relationship is getting stronger: BMW and PSA Peugeot Citroën said yesterday that they are to join forces to produce hybrid cars.EX-HSBC CHAIRMAN FACES CONFLICT OF INTEREST ON BANK REVIEWThe impartiality of a key figure on the Cabinet sub-committee that will determine the future shape of British banking was called into question in Parliament yesterday. A Labour MP told the Treasury select committee that trade minister Lord Green had worked at the bank for 29 years and might not be able to “see things in an unbiased fashion”.The Daily TelegraphIRISH BANK FLIGHT QUICKENS DESPITE EU RESCUE Irish central bank data showed losses of €40bn (£34bn) in deposits from the key banks in December, compared to €27bn a month earlier. Yesterday, Standard & Poor’s cut Ireland’s sovereign rating one notch to A-, citing a “weaker economic outlook, reduced prospects for bank earnings and funding difficulties of domestic banks”. FEWER PEOPLE HAVE CASH TO SPAREAlmost a third of people claim they have “no spare cash” as pressures on personal budgets mount, according to a survey. According to the latest Consumer Confidence Survey by the Nielsen Company and the British Retail Consortium, the number of people who do not have any spare spending money has increased by six percentage points since last year, while confidence to spend has fallen.THE WALL STREET JOURNALCOMMODITY SPECULATION BACK IN EUROPEAN SPOTLIGHTDebate over the role of speculation in pushing up commodity prices took a new political turn after the EU cut a controversial phrase from a long-awaited report on transparency in markets. The report had already been delayed after French President Nicolas Sarkozy lambasted an earlier version that found no evidence of “a correlation between the substantial increase in index fund positions and commodity futures prices”. SPAIN SEES NEW APPROACH ON EU AID Spain’s finance minister voiced support for an overhaul of aid packages to Greece and Ireland and for German proposals to improve the competitiveness of weaker economies in the Eurozone, but ruled out her own country needing external financial support. Sharecenter_img Wednesday 2 February 2011 8:46 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionBrake For ItThe Most Worthless Cars Ever MadeBrake For ItSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeBlood Pressure For LifeWhy Doctors May No Longer Prescribe Blood Pressure MedsBlood Pressure For LifeLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCute whatsapp Tags: NULL More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPuffer fish snaps a selfie with lucky divernypost.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comlast_img read more

  • FTSE slips as metal price drop weighs on mining firm shares

    first_imgWednesday 9 February 2011 7:20 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 PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldBrake 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 Farm BRITAIN’S top share index closed down yesterday, hurt by heavyweight stocks trading ex-dividend and miners following metals prices lower.The FTSE 100 closed down 39.04 points, or 0.6 per cent, at 6,052.29, having closed up 0.7 per cent on Tuesday at its best level since May 2008.“You have to consider (the FTSE 100) lost 20 points on (companies trading) ex-dividend. The market’s just having a bit of a respite while we wait for further direction,” said Mic Mills, head of electronic trading at ETX Capital.Stocks that lost the attraction of their next dividend payment included BP, GlaxoSmithKline and Royal Dutch Shell.Miners weakened after a late rally on Tuesday as copper fell, hurt by questions over demand after top consumer China raised interest rates on Tuesday.“What we have seen is traders using the weaker copper price as an excuse to take some profits off the table in mining equities, whilst dividends are weighing on oil giants BP and Shell, which is in turn making the energy sector drag the FTSE 100 lower,” said City Index market strategist Joshua Raymond.“Wheat prices have continued to surge after China reported that its crop was at risk because of a drought on its Northern Plains. If prices break through $8.90 which is the 50 per cent retracement of the 2008 highs to the lows in 2010, then we could well see a sharp move to the $10.00 mark. Corn prices, in turn could be set to test towards their 2008 highs at $7.99,” said CMC market analyst Michael Hewson. Elsewhere, Reckitt Benckiser was among the top blue chip fallers, down 5.1 per cent after missing forecasts for fourth-quarter earnings.Market watchers said investors were keeping their powder dry ahead of today’s Bank of England interest rate decision.“Because expectations are for a (rate hike) at some point over the next few months, there is certainly a risk that there could be one tomorrow, so investors as a result are finding … an excuse to pull back a bit,” said Angus Campbell, head of sales at Capital Spreads.Among midcaps, London Stock Exchange rose 3.1 per cent after saying it was buying Canada’s stock market operator TMX. Following the news of the LSE-Toronto bourse merger, Deutsche Boerse and NYSE Euronext confirmed they were in advanced merger discussions.Some strength was seen from banks and insurers as analysts remained upbeat on equities, and in particular riskier assets, for 2011.Singer Capital Markets said in a note: “2011 will produce double digit returns for equities as concerns over the banking sector abate and growth remains positive for larger Western economies, albeit at a modest level, with central banks remaining supportive.”Prudential gained 2.2 per cent as Societe Generale upgraded the life insurer – which replaces Aviva, off 0.3 per cent, as the broker’s preferred stock in the sector – to “buy” from “hold”.Aerospace and defence companies were aided by a note from Nomura that said it expected commercial aerospace stocks to perform well against the backdrop of an improving cycle.BAE Systems and Rolls Royce climbed 1.4 per cent and 0.2 per cent, respectively, while GKN rose 2.7 per cent, extending its gains from the previous session. whatsapp whatsapp FTSE slips as metal price drop weighs on mining firm shares Show Comments ▼ Share KCS-content Tags: NULLlast_img read more

  • Broughton secures backing for Tote bid

    first_img Share Show Comments ▼ THE deputy chairman of British Airways’ newly formed owner, Sir Martin Broughton, has lined up support for his bid to buy state-owned bookmaker the Tote.The former Liverpool football club chairman, who has been a racehorse owner for many years, has received backing from Penta Capital, a buyout firm.The Glasgow-based investor, which has stakes in the insurer Esure and Eat sandwich shops, will underwrite Broughton’s bid, according to reports.Fully funded offers for the bookmaker must be received by the middle of next month.The Tote, which has a monopoly on pool betting in Britain, and also owns nearly 550 betting shops, is being sold by the government as part of plans to reduce the deficit.It could fetch as much as £225m, with half of the proceeds to be ploughed back into the racing industry. Other bidders for the business include betting groups Gala Coral and Betfred, as well as the billionaire Reuben brothers.Investment bank Lazard is running the sale process. Sunday 13 February 2011 10:45 pm KCS-content More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI 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.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org whatsapp Broughton secures backing for Tote bid whatsapp Tags: NULLlast_img read more

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