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first_img KCS-content Share 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 A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsAll Things Auto | Search AdsNew Cadillac’s Finally On SaleAll Things Auto | Search AdsElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald whatsapp Show Comments ▼ DEAD IMPRESSIVEPerhaps those disillusioned young workers should take a leaf out of Laura Copley’s book. While holidaying in north Norfolk, The Capitalist stumbled across the news that the 18-year-old Norwich girl has set her sights on twin ambitions.Besides being an aspiring beauty queen – Copley is striving to become Miss Norfolk – she is also keen to broaden her horizons and explore a business career in an industry that is unlikely to die out any time soon.Having become interested after doing work experience at a funeral parlour, Copley is reported to have just secured a post at a local firm.Whoever said self-starters were a dying breed? Here’s wishing her luck in her chosen career. Victoria Bates is away. Tuesday 31 August 2010 7:52 pm BORIS OUT FOR A RIDE WITH KELLY BROOK TO LAUNCH BIKE SCHEME ON PAR GAG GENERATION WHY?Amid the flood of silly season press releases that bombarded this newspaper’s offices during August, one in particular stuck out for its proficiency at stating the bleedin’ obvious.According to research commissioned by recruiter Badenoch & Clark, Generation Y – that’s those workers aged 16-24 years old – is disillusioned with the workplace.The research found a third of respondents do not trust their bosses and refuse to believe either most or any of what they say.And there was The Capitalist thinking that it was the employers who were fed up with the attitude of Generation Y – or “Generation Why, Oh Why” as one City wag likes to call them.Perhaps facing up to the truth that the world owes no-one a living and knuckling down to some hard graft would put a stop to the whingeing and give exasperated bosses a break. whatsapp Boris Johnson’s love affair with two wheels continued yesterday with the launch of his driver-frustrating Sky Ride scheme, where roads are cleared throughout central London to allow cyclists to take in the sights.But The Capitalist can’t help but think bikes weren’t the only thing on the mind of the red-blooded Mayor. Accompanying him on a joy-ride through the City was the curvaceous Kelly Brook, fresh from her recent shoot with Playboy.And not for the first time – Boris has ensured she has been at all three Sky Ride events he has organised.He appeared positively weak at the knees as the glamorous star of Piranha 3D threw her arm around his shoulders, her vertiginous heels rising almost to his puffed-out chest. The conversation that passed between them as they revelled in the sights of our fine city, alas, we will never know. The Capitalist imagines Boris serenaded her with sweet nothings, recounting tales of his misadventures at Eton.He said the scheme is “sheer bliss for anyone with a love of our great city or the bicycle”. If cyclists have as much fun as Boris appeared to be having, the event will be a roaring success.OLYMPICS BONUSAs a former Goldman Sachs investment banker Paul Deighton must be used to earning large bonuses. But the one he has been granted this year as chief executive of LOCOG, the company that is stage-managing the Olympics, he will not be keeping. Deighton earnt a bonus of just under £300,000 in the past year thanks to achieving a number of targets. That would normally have supplemented a salary of £480,000. But Deighton has decided to give over his bonus to charity. A spokesman says that he has not chosen which charities to give to but they would not include Arsenal, the football club he supports. Of the other LOCOG board members, Sebastian Coe’s salary is up slightly from £357,000 to £365,507. Sir Keith Mills, the creator of Air Miles, and a Tottenham Hotspur director, gets a £50,000 package for being a non-executive director while former ITV and EMI chief Charles Allen gets just £6,000 for being chairman of LOCOG’s Nations and Regions Group. Cooperative Group chief executive Peter Marks is well known as the country’s most famous musical businessman; he plays drums in a rock covers in a pub band, Last Orders.But when not running one of the country’s largest and most diverse retail outfits, which covers supermarket to funeral services, Marks is also a keen but frustrated golfer.What is your current handicap, The Capitalist enquired at the end of an interview in his wood-panelled Manchester headquarters?“My clubs are my handicap,” replied a deadpan Marks.The Capitalist is sure that Marks in not the only golfer to feel the more he plays the worse he gets. Tags: NULLlast_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 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 whatsapp Ambrian swings to loss but is buoyed by China Investment bank and broker Ambrian Capital swung to a first-half pre-tax loss as weak market conditions hurt its corporate finance and equities unit.The company, which provides corporate finance, stock broking and commodity trading services, said its January to June pre-tax loss was £196,000, compared with a profit of £2.3m a year ago.Total income fell 21.8 per cent to £7.9m, while net asset value per share fell 3.5 per cent from 2009 to 32.4p. The firm’s corporate finance and equities unit had a pre-tax loss of £1.8m, compared with a profit of £200,000. Personnel and recruitment costs at the unit rose due to efforts to diversify from its reliance on the Aim natural resources sector.It said it was cautious for the second half of the year, although trading is picking up in some sectors.However, the company added its commodities business would benefit from buoyant demand for refined copper from China.Analysts on average expect a full-year pre-tax profit of £2.1m on revenue of £17m. Last month Ambrian announced it had acquired Masefield Biofuels, which focuses on biodiesel produced from palm oil for an undisclosed price. Share More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.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.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.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.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com Tags: NULLcenter_img whatsapp Wednesday 22 September 2010 7:43 pm Show Comments ▼ KCS-content last_img read more


first_img Show Comments ▼ whatsapp Tags: NULL CITY MOVES | WHO’S SWITCHING JOBS Yell GroupThe company behind the Yellow Pages has appointed Tony Bates as chief financial officer, effective from 22 November. He will also take up the role of executive director from 1 November. Bates, 54, served as chief operating officer at Colt from 2002 until the end of July. Before this he was with record label EMI. He took a BSc in management sciences at Manchester University in 1977, and qualified as an accountant with Arthur Andersen in 1980. Cornhill CapitalThe energy-focused debt and equity provider has appointed Nigel Little as non-executive chairman. Little is the former president of Canaccord UK and Europe, and has over 30 years’ experience in the securities industry. He was head of sales, trading and research at Nomura and has also spent time at HSBC and Morgan Stanley. He is a freeman of the City of London and a member of the Worshipful Company of International Bankers.Lo-QThe provider of virtual queuing systems has hired a new chief executive, effective from yesterday. Tom Burnet joins Lo-Q from Serco, where he was managing director of the defence operations division. Before this, Burnet was managing director of QinetiQ’s technical consultation team. He has also served as a director at Cedalion, a Microsoft technology consultancy. Polar Capital The investment firm has hired three fund managers to complete its new global emerging markets team. William Calvert joins from AXA Framlington, where he was head of the emerging markets desk. Ming Kemp also joins from AXA Framlington, where she spent five years as an Asian equity specialist. Since moving to London from China in 1990, Kemp has also worked for American Express Asset Management and Sarasin Investment Management. Neil Denman also worked at AXA Framlington as a portfolio manager, and has also spent time at Hexam Capital Partners and Baring Asset Management. Baring Asset ManagementThe investment firm has hired Thanasis Petronikolos as a director in the fixed income and currency team, with responsibility for the firm’s exposure to emerging market debt and currencies. Petronikolos has over 15 years of experience in emerging market investment, having spent time at RAB Capital, Avebury and Rothschild. He will report to Alan Wilde, head of fixed income and currency. Share Monday 4 October 2010 8:20 pm KCS-content whatsapp 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 PastThe Sports DropForgotten College Basketball Stars: Where Are They Now?The Sports DropBetterBe20 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 TodayMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldTaco RelishOnly People With An IQ Of 130 Can Name These ItemsTaco Relishlast_img read more


first_img Pending sales of previously owned US homes rose to a four-month high in August, implying the housing market was regaining some stability after recent steep declines following the end of a home-buyer tax credit.Another report yesterday showed new orders received by domestic factories fell 0.5 per cent in August as demand for transportation equipment fell sharply. Analysts had forecast a drop of 0.4 per cent in August.However, excluding the transportation segment, factory orders rose 0.9 per cent.The data offered few fresh clues on whether the Federal Reserve would embark on a new round of monetary policy easing next month, as widely anticipated by financial markets.“Sales have stabilised at very, very low levels after the expiration of the federal tax credits. At these low levels, you could see some good percentage increases in sales, but it doesn’t show any sustainable uptrend in housing conditions,” said Ryan Wang, an economist at HSBC Securities in New York.The National Association of Realtors said its Pending Home Sales Index, based on contracts signed in August, increased 4.3 per cent to 82.3 from July. Economists polled by Reuters forecast the index, which leads existing home sales by a month or two, rising three per cent in August from July. Compared to August last year, pending home sales were down 20.1 per cent.The group’s chief economist, Lawrence Yun, said the latest data are consistent with a gradual improvement in home sales in upcoming months.“Attractive affordability conditions from very low mortgage interest rates appear to be bringing buyers back to the market,” he said in a statement.“However, the pace of a home sales recovery still depends more on job creation and an accompanying rise in consumer confidence.” Monday 4 October 2010 8:22 pm Share US data shows housing uptick Video Carousel – cityam_native_carousel – 426 00:00/00:50 LIVERead More Show Comments ▼ KCS-content whatsapp More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comA 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.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.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.com 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 PastUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSerendipity 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.comUndo Tags: NULL whatsapplast_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 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 TodayTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com Wal-Mart sees US sales improve whatsapp 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 Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe 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 Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap KCS-content Sharecenter_img Show Comments ▼ Wednesday 13 October 2010 7:18 pm whatsapp Wal-Mart should see improvement in sales at its US discount stores in the fourth quarter as the company returns items to shelves and focuses anew on low prices, the company’s chief executive said yesterday. “I expect to see positive sales results in this fourth quarter,” Mike Duke said of the unit at the world’s largest retailer’s annual meeting with analysts and investors. The US unit has seen sales at stores open at least a year fall in each of the past five quarters. Wal-Mart has faced increased competition from cut-price stores that have attracted customers hit hardest by the recession. At the same time, customers feeling more secure have traded up to rivals. Wal-Mart has been hit by a poorly executed attempt to cut down on the products in its stores and a failed attempt to increase traffic with thousands of temporary price “rollbacks”. Tags: NULLlast_img read more


first_imgTuesday 19 October 2010 7:59 pm WTO enters a currency row Show Comments ▼ THE HEAD of the World Trade Organisation (WTO) stepped into an escalating row over currency policies yesterday, saying growing disputes about exchange rates could threaten global trade and economic recovery.WTO director-general Pascal Lamy said governments had largely resisted resorting to conventional trade measures such as higher tariffs to protect jobs in the wake of the crisis.Disorderly currency movements could damage stability in the trading system, especially if they were seen to be the pursuit of comparative advantage through exchange rates, he said. Tags: NULL whatsappcenter_img Share 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 KCS-content Read This NextThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotRicky 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 Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wraplast_img read more


first_img whatsapp Share Show Comments ▼ whatsapp Complacent culture at BP led to oil spill KCS-content center_img A CULTURE of complacency at BP, Transocean and Halliburton contributed to the Gulf of Mexico oil spill in April, an investigation into the disaster heard yesterday. William K Reilly, co-chairman of the US government’s probe into the explosion on the Deepwater Horizon rig, said yesterday investigators had uncovered “a suite of bad decisions” that showed there was “emphatically not a culture of safety on that rig”.Reilly said the three firms were in need of a top to bottom safety reform, and added: “We are aware of what appeared to be a rush to completion at Macondo, and one must ask whether the drive from that made people determine they couldn’t wait for sound cement, or the right centralisers.”The panel, which was set up by President Barack Obama a month after the spill, yesterday heard from industry experts who tried to untangle the decisions made by rig workers leading up to the blast. “I know that there was pressure on this group of people to get done and move on,” said Steve Lewis, a drilling engineer at Seldovia Marine Services who said he had often worked with BP.Bob Graham, a former Democratic senator who is also chairing the commission, emphasised that “there was no evidence that there were conscious decisions made to trade-off safety for profit” but added “there were a series of almost inexplicable failures” ahead of the disaster. The National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling has held five hearings to investigate the cause of the disaster. It has until 12 January to present its findings, and has the power to recommend a change in the law and industry practices. 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 TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.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?MisterStoryBridesBlushThis Is Why The Royal Family Kept Quiet About Prince Harry’s Sister BridesBlush Tuesday 9 November 2010 8:54 pm 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 Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Tags: NULLlast_img read more


first_imgMonday 15 November 2010 3:20 am Vodafone ordered to deposit £1.5bn in Indian tax dispute Show Comments ▼ whatsapp More From Our Partners Mark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.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.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comA 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.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com Share India’s top court on Monday directed Vodafone to deposit 25bn rupees (£341.6m) within three weeks in relation to the $2.5bn (£1.55bn) tax dispute, a Vodafone spokesman said.Vodafone has also been directed to make a bank guarantee worth 85bn rupees within eight weeks, the official said.Vodafone, fighting a tax bill in India over its 2007 purchase of Hutchison Whampoa Ltd’s mobile business in the country, had appealed to the Supreme Court challenging a lower court order that Indian tax authorities had jurisdiction over tax bills in cross-border deals.The tax office asked Vodafone to pay 112.18bn rupees within 30 days, but the British firm said it “strongly disagrees” with the calculation. center_img whatsapp Tags: NULL John Dunne by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal 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 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 Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com last_img read more


first_img Show Comments ▼ Tags: NULL KCS-content whatsapp Investec sells its Rensburg funds division INVESTEC, South Africa’s fifth-largest bank, is selling Rensburg Fund Management (RFM) for £45m, it said yesterday as it unveiled a six per cent hike in underlying operating profit. Franklin Templeton has entered into a conditional agreement to acquire RFM from Investec, which manages about £880m in UK equities, and is a small part of Rensburg Sheppards, which was bought earlier in the year by Investec.RFM chief executive Alex Brotherstone said the deal would give the firm’s fund managers global distribution opportunities. But he was unable to give details of his own future: “I’m keen to stay around and will work very closely with Jamie to see how we can expand. At the moment I remain joint chief executive until the group is integrated”.Meanwhile, Investec said operating profit totalled £228.15m in the six months to 30 September, up 5.6 per cent from £215.9m a year earlier. Excluding a £46m profit made in the same period last year on the repurchase of debt, profits were 34 per cent higher. It added net interest income totalled £321.17m, compared with £297.36m a year earlier. Meanwhile, bad debt charges totalled £122.85m, compared with £134.29n a year earlier.The investment bank and asset manager said the regulatory environment remained challenging, but activity levels were starting to improve. 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 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.comcenter_img whatsapp 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 Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Thursday 18 November 2010 8:04 pm Share last_img read more


first_img John Dunne Thursday 9 December 2010 2:52 am Share Standard Chartered that it expects to post record income and profit for this year, helped by falling loan impairments and growth in consumer banking.Income in the second half of 2010 was expected to clock in at levels similar to the first six months, the bank said in an update posted on the Hong Kong stock exchange website, before its regular year-end briefing later in the day.“The group has continued to perform well, consistent with our expectations and guidance,” the bank said in the statement. “Both businesses have performed well, with client income growth in wholesale banking very good and income in consumer banking showing good levels of growth.”The bank’s Hong Kong-listed shares were up 3.8 per cent before it gave the update, but eased slightly after the midday trading break.Standard Chartered reported a first-half profit of $3.12bn (£1.97bn) as bad debts more than halved and its key Asian markets performed better than those in the West.The fall in loan impairments was likely to have extended into the second half of this year, the bank said in a statement, and it expected bad loans to be significantly lower in 2010 compared with the previous year.StanChart has been expanding aggressively in the wholesale and consumer banking areas, snagging several high-profile deals including as lead underwriter for McDonald’s Corp’s landmark 200 million yuan bond in Hong Kong earlier this year.Cost growth would exceed income growth in the full year as a result of these new businesses, the bank said, adding that it also saw margin pressure from increased compliance costs and higher staff expenses.Net interest margins were set to fall from 2009 due to pressure on asset margins across a number of different countries, it added.Standard Chartered raised $5.3bn from a rights issue in October, which it said would bolster its finances ahead of new capital rules and provide firepower to take advantage of new opportunities. StanChart to hit record profit as bad loans fall center_img whatsapp Show Comments ▼ whatsapp Tags: NULLlast_img read more

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