CITY VIEWS: ARE YOU CUTTING BACK ON SPENDING GIVEN ECONOMIC UNCERTAINTY?

first_img whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoBetterBe20 Stunning Female AthletesBetterBeUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldUndoTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading BlvdUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndo KCS-content More From Our Partners Feds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comWhy people are finding dryer sheets in their mailboxesnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comConnecticut man dies after crashing Harley into live bearnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com MARCELA KERUL-KMECOVA | ERNST & YOUNG“I’m definitely spending less and I’m trying to cut down on going out too. I’m also trying to buy a property so I’m trying to save a certain amount of money every month. I’ve been in the UK for 10 years and things have certainly changed – it’s more difficult.”CHRISTOPHE GROSEIL | OPPENHEIMER“Am I worried about the state of the economy? Yes. Am I spending less? Of course. I’m concerned, but I’m French and there are the same problems over there too. At least in fixed income, which is the sector I work in, things aren’t too bad at the moment.”JENNY BROWN | MARSH“At the moment I’m trying to buy my first property and although prices are down, I’m worried about a double dip. But if it happens, it happens – I don’t get too worried by what Mervyn King says because you can’t live your life by what other people think.” whatsappcenter_img Share CITY VIEWS: ARE YOU CUTTING BACK ON SPENDING GIVEN ECONOMIC UNCERTAINTY? Thursday 12 August 2010 7:54 pm Show Comments ▼ Tags: NULLlast_img read more

UBS signs deal to be a Formula One sponsor

first_img UBS signs deal to be a Formula One sponsor FORMULA One signed up Swiss bank UBS as a global partner yesterday in a deal the sport will hope marks a turnaround after the exit of several other financial institutions due to the economic crisis.No financial details were given for a deal that will be presented formally at next month’s Singapore Grand Prix.However Williams chairman Adam Parr, whose own team are losing bailed-out Royal Bank of Scotland as a major sponsor at the end of the year, said the real importance of the deal was the message it sent.“This is a very significant announcement, regardless of the size of the sponsorship,” he said. Parr added: “The fact that another major bank is looking to Formula One as its primary global marketing platform is very positive.”UBS said it would use its sponsorship both for brand building in key regions and for hospitality for its “ultra-high net-worth clients”. More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org KCS-content whatsapp Monday 23 August 2010 7:50 pm Share whatsapp Show Comments ▼ Tags: NULLlast_img read more

GT reveals non-executives

first_img More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal 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 TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com Share GRANT Thornton (GT) has become the first large accounting firm to comply with new governance rules by revealing its new non-executives.The three non-executives are Richard Eyre, chairman of the Eden Project; Caroline Goodall, a consultant to law firm Herbert Smith; and Ed Warner chairman of UK Athletics.The UK’s biggest eight audit firms – Baker Tilly, BDO, Deloitte, Ernst & Young, Grant Thornton, KPMG, PKF and PwC – were asked to appoint non-executives in January following publication of the world’s first Audit Governance Code.The obligation is designed to reduce the risk of an auditor collapsing, while also bringing the firms’ governance more into line with the rules followed by publicly listed companies. KCS-content Tags: NULLcenter_img Wednesday 8 September 2010 7:47 pm whatsapp whatsapp GT reveals non-executives last_img read more

HSBC halts £5bn move for Nedbank stake

first_img John Dunne Tags: NULL whatsapp 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 Sharecenter_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.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Herald HSBC has ended talks to pay $8bn (£5bn) for a majority stake in South African lender Nedbank from Old Mutual.HSBC had been in exclusive talks with Anglo-South African insurer Old Mutual to buy up to 70 per cent of South Africa’s fourth-largest bank, and an eight-week period of exclusivity was due to end on Monday.Old Mutual said: “The reasons for HSBC’s withdrawal were not disclosed to Old Mutual, but were not, as far as Old Mutual is aware, related to any adverse findings during HSBC’s due diligence.”The move leaves HSBC, Europe’s biggest bank, without a convincing Africa strategy and could hand rival Standard Chartered a chance of buying Nedbank, analysts said. Show Comments ▼ Friday 15 October 2010 8:59 am HSBC halts £5bn move for Nedbank stake last_img read more

Dell purchases US cloud computing firm Boomi

first_img DELL will buy US cloud-computing services company Boomi to shore up its ability to provide software over computer networks.The world’s second-largest PC maker did not disclose terms of the deal for Boomi, which counts Salesforce.com among its clients and helps integrate so-called cloud-based applications and smooth data transfers between programs.Boomi raised $4m (£2.5m) in 2008 in an initial round of institutional funding led by venture capital firm FirstMark Capital. The company is based in Berwyn, Pennsylvania, and was founded in 2000.Privately held Boomi was mentioned as a potential acquisition target after Dell rival IBM bought Cast Iron Systems earlier this year.Dell has been on the acquisition trail, but lost out recently in a bidding battle with larger rival Hewlett-Packard for high-end storage maker 3PAR. Chief executive officer Michael Dell had said at an industry event in Hong Kong that the company would announce a cloud-computing acquisition on Tuesday, spurring a round of market speculation on potential targets. Show Comments ▼ Dell purchases US cloud computing firm Boomi 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 WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe 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 Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Tuesday 2 November 2010 7:29 pm Sharecenter_img whatsapp 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}MoneyPailMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Tags: NULL whatsapp KCS-content last_img read more

Alliance Boots predicts strong Xmas as acquisitions boost half year figures

first_img KCS-content Share 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 TimesMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMagellan 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 whatsapp ALLIANCE Boots said it was expecting a Christmas trade boost from its new ranges while acquisitions had ensured solid half-year figures. The company’s same-store revenues for its health and beauty division grew by two per cent to £3.4bn, it reported yesterday.Revenues for the whole group rose by six per cent to £8.9bn.Finance director George Fairweather said he was confident that Alliance Boots could fend off cut-price competition from supermarkets, thanks to innovative products such as its No7 Protect & Perfect skincare range, and to higher levels of customer service.He added: “We have had successful acquisitions in Germany and Turkey and are confident in our ranges.”The company is hoping a range using branding from TV’s strictly Come Dancing will be a big hit.Meanwhile, a trial link up with Waitrose which sees the two sell each others products in some stores, seems to be a success and will be expanded.Alliance Boots was bought by private equity group Kohlberg Kravis Roberts for £11bn in 2007. Tags: NULL whatsappcenter_img Show Comments ▼ Wednesday 3 November 2010 9:30 pm More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com Alliance Boots predicts strong Xmas as acquisitions boost half year figures last_img read more

Twin imposters triumph and disaster lurking

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 TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldAlphaCute30 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 Tags: NULL Show Comments ▼ whatsapp Sunday 5 December 2010 11:07 pm KCS-content center_img So here we are just a few weeks before Christmas and those twin imposters triumph and disaster lurk behind every corner. England lose a brilliant World Cup bid that they could never win, only for the cricket team to comprehensively outplay Australia and take control in the Ashes. On Coronation Street four actors will lose their jobs as their characters are killed in a  huge tram crash but it will drive the ratings and help celebrate 50 years of  Britain’s oldest soap. Last but not least, George Osborne does jigs of delight after the OBR statement and manufacturing data vindicates his polices only for …..?  Well exactly, only for what? WILL AUSTERITY BITE TOO HARD?When  spending restraint digs in next year, will it combine with an even weaker housing market to send consumers and the economy over the edge? Or will the private sector and manufacturing and industry continue to create jobs and keep us going, albeit at a reduced pace? It’s an issue on which the Bank of England’s monetary policy committee, which meets this week, is hopelessly split and is likely to remain so for a while.  The fact is that no one really knows. We can make educated guesses but, a bit like the World Cup, the analysis could be fatally flawed if we’ve made the wrong assumptions.  The England bid team assumed that when a FIFA Executive committee  member shakes hands and says  they’ll give their support, they mean it.  Mervyn King assumes large amounts of spare capacity in the economy and the government’s austerity drive will help weaken growth and keep down cost push inflation. TURKEYS KNOW TO KEEP HEAD INNow turkeys know not to stick their necks out too far at this time of year, but, at the risk of being stuffed, here’s my sixpence worth. We spent 2009 worrying about 2010 and 2010 worrying about 2011.  In that time the UK consumer has been written  off more times than bad debt. Now I admit spare household income should be less next year as wages rise less than inflation and the costs of living – in terms of energy, food and clothing – go up, but I believe global growth will still be fairly buoyant and Britain as an open economy will benefit. MUDDLING ALONG OK FOR INVESTORSTherefore I predict we will muddle through, with the risks on the upside as we find out the effects of austerity are not as bad as feared. And that could be just perfect for investors, with weak enough growth to keep bond yields and interest rates anchored and just enough growth to keep profits at cost efficient businesses chugging along. In fact, stock markets could be well supported by cash rich companies. They will  either increase  merger activity, pay higher dividends or increase share buybacks.  FURTHER PREDICTIONS FOR 2011Oh, and as for my other big assumptions: Europe’s politicians will do whatever it takes to minimise the euro crisis, China will find the right policy mix to keep its economy going at the right pace and the US will deliver growth that’s good enough for company profit but not enough for big job creation.    As I say, it’s only a forecast and if it’s a disaster  I’ll meet it with the triumph of reclaiming my sixpence back from the Christmas Pudding.      Ross Westgate co-hosts Worldwide Exchange daily on CNBC and also anchors Strictly Money — www.cnbc.com     More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comWhy people are finding dryer sheets in their mailboxesnypost.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.com Twin imposters triumph and disaster lurking Share whatsapplast_img read more

French price pressures increase

first_img Tags: NULL French price pressures increase KCS-content Thursday 13 January 2011 7:49 pm whatsapp Show Comments ▼center_img Inflation in France increased by half a per cent in December, compared to the previous month – above the expectations of economists. The rise took the annual rate to two per cent, provoking concerns over today’s Eurozone inflation figures. Yet French economy minister Christine Lagarde said: “I am not very worried,” despite some core elements of the measure increasing alongside rising energy prices. whatsapp Share More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMark Eaton, former NBA All-Star, dead at 64nypost.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.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comWhy people are finding dryer sheets in their mailboxesnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionUndolast_img read more

Inter RAO hunts for investors

first_imgThursday 20 January 2011 7:23 pm whatsapp Tags: NULL whatsapp INTER RAO could seek a strategic investor for a 25 per cent stake and may also consider share swaps as it continues to grow, the Russian state-controlled group’s head Boris Kovalchuk said yesterday.The electricity generator and power trader is being used by Russia as a home for billions of dollars of assets as the government seeks to create a consolidated power generation giant with ambitious plans abroad.Inter RAO, which boasts influential deputy Prime Minister Igor Sechin as head of its board, said last month it would raise cash via a rights issue to buy the assets worth $9bn-$15bn (£5.6bn-£9.4bn).Earlier this week it said it would buy the British holding company REDI, which owns a 49 per cent stake in gas producer Northgas, for $1.5bn.Kovalchuk said in an update on the company’s strategy the group would consider selling a 25 per cent stake by 2015.“Inter RAO is interested in attracting a strategic investor, for which we have set aside 25 per cent of shares. It could be a Russian energy or fuel company, it may be a foreign company that could provide synergies,” he said. Grid company FSK and state-controlled RusHydro have already been lined up to buy stakes of 17-20 per cent and six per cent respectively.The move could be seen as part of a multi-billion dollar privatisation programme of state assets set to kick off in earnest this year.Kovalchuk also said he would consider a share swap with foreign companies – a deal structure that would mirror the agreement signed by Russia’s biggest oil producer Rosneft and BP last week. KCS-content Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndocenter_img Inter RAO hunts for investors Show Comments ▼ Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Sharelast_img read more

Trichet praises Eurozone watchdog

first_img Trichet praises Eurozone watchdog KCS-content whatsapp whatsapp More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.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.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Show Comments ▼center_img 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 PastZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com Share Europe’s new economic super-watchdog was talked up by European central bank president, Jean-Claude Trichet, yesterday. The European Systemic Risk Board (ESRB), of which Trichet is also president, will single out problems bubbling in individual countries if they pose a risk to the wider system, he said. The ESRB will flag emerging problems, he said, although the body is toothless to enforce its verdicts on individual states. And Trichet warned against the policy of forcing private sector investors to take on some losses from debt restructuring, a procedure known as “haircuts.” Policymakers should simply “apply the programme” of rescue packages, he said. “In the case of haircuts, the short-term investor makes money, the other loses.” Monday 7 February 2011 8:35 pm Tags: NULLlast_img read more