BHP’s bid provokes poisonous reply

first_imgTuesday 17 August 2010 8:27 pm Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.cominvesting.comCanceled TV Shows Announced: Full Updated Listinvesting.comzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comWorld LifestyleCouple Has No Idea Why Photo Goes Viral, Then They Notice This In The CornerWorld LifestyleDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funny whatsapp More From Our Partners I blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.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.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.com whatsappcenter_img Tags: NULL KCS-content Show Comments ▼ JUST as the markets were drifting into the final few days of summer – traditionally one of the quietest times of the year for corporate news – up pops mining giant BHP Billiton with a near $40bn proposal to takeover the Canadian fertiliser and animal feed group Potash. Although all sorts of things are possible in these kinds of situations, it is fair to say that since a meeting between their top executives last week relations between the two groups have been far from cordial.BHP is talking about offering $130 a share for Potash stock, a value that has been described as grossly inadequate by the Potash board.But to make matters even more acrimonious Potash yesterday revealed details of a shareholder rights plan that is automatically triggered when a hostile bidder buys up 20 per cent of its stock.Such schemes, commonly known as poison pills, are not allowed in the UK – one such scheme might have helped Cadbury’s Roger Carr when he got the knock on the door from Kraft. The so-called Potash shareholder rights plan, which seems designed as much to help management keep their jobs as it does to protect shareholders, would have the effect of diluting a hostile bidder’s stake and is designed to force a bidder to pay a premium price.At this stage BHP has not said where it goes from here. It has the financing in place to fund the deal through bank debt and analysts such as Charles Kernot at Evolution Securities will cheer the group along if it can bag this one at the right price. But the early signs are that Potash will be fighting hard to get a higher price and, as ever with these deals, BHP must be careful not to overpay. As broker CLSA says: “this is just the start of a long battle.”SPLIT BANKWhatever the minutes from the last Bank of England meeting say today, there is every reason to think it is becoming harder to produce unanimity amongst Bank members.For months and months as the economy struggled to find a way out of recession, there was little doubt that interest rates had to be held low and there was a need for some loosening of monetary policy through the method known as quantitative easing.But last month’s record increase in food prices has kept inflation above three per cent and sparked warnings that the cost of living will keep rising, provoking concern amongst Bank members about the threat of inflation. This threat is intensified by the imminent rise in VAT which will feed through into the system in 2011.Yesterday Bank governor Mervyn King wrote another letter explaining why the inflation rate was outside the target agreed with the government. King’s view is that the recent inflation blip may last for a while but that it is not being embedded in the system.Bank Monetary Policy Committee member Andrew Sentance is more anxious and has in the past voted for a rise in interest rates.Others are more troubled by fears that the recovery might run out of steam, especially when the public sector job cuts start to come into effect. Many think they know the answer but in truth I am not surprised that the Bank is split and I can only see the splits becoming more pronounced in the months [email protected] Heath is away BHP’s bid provokes poisonous reply last_img read more

RIO TINTO BOSS SHRUGS OFF M&A TALK

first_img RIO TINTO BOSS SHRUGS OFF M&A TALK More From Our Partners Feds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.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.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org whatsapp Share Thursday 26 August 2010 8:10 pm whatsapp center_img RIO TINTO chief executive Tom Albanese told a conference in Brisbane yesterday the future of the mining industry remains volatile, and that Rio will focus on production growth rather than acquisitions. He has already dismissed the idea of bidding against rival BHP Billiton for fertiliser firm Potash, saying:?“I’m a miner, not a farmer”. Show Comments ▼ KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldBetterBe20 Stunning Female AthletesBetterBeCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy Fanautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite Herald Tags: NULLlast_img read more

Land Secs says City shopping site all but full

first_img Show Comments ▼ Share Monday 6 September 2010 8:31 pm Read This NextNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily 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 ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof LAND Securities has managed to secure tenants for 96 per cent of its retail space in the One New Change shopping centre on Cheapside, over a month before the firm expects construction to end. The property developer said yesterday it is in talks over the remaining handful of units, which include the two rooftop cafes overlooking St Paul’s cathedral that Gordon Ramsey and Jamie Oliver rejected as being too small. The two restaurateurs have since signed deals elsewhere in the development, and will trade alongside around 60 other retailers in 220,000 square foot of retail space when the development opens on 28 October. Land Securities retail manager David Atcherley-Symes denied that fashion chains were just attracted to the Square Mile by the cheaper retail rents.“The lets include several shops such as Topshop which have always been looking for places in the City but have never been able to find a space big enough,” he told City A.M. yesterday. “Rents are obviously less in the City than they are in the West End, but the amounts we’re talking about reflect rents that were being paid on Cheapside two years ago.”He added that some shops have signed rent agreements that are tied to turnover, meaning they will pay less rent if sales are disappointing. “Some of the firms have never been to the City before, and they are a bit wary. To help them get over that we are sharing the risk, and we are confident in the strategy,” he said.FAST FACTS | LAND SECURITIESLand Securities is the biggest property company in the UK.It owns more than 29m square feet of UK real estate, including the landmark Piccadilly Lights building and the Ministry of Justice HQ. whatsappcenter_img Land Secs says City shopping site all but full whatsapp KCS-content 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.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald Tags: NULLlast_img read more

Second oil find offshore Ghana marks a major field for Tullow

first_img TULLOW OIL, Europe’s largest independent oil explorer by market value, said results from a sidetrack well off the coast of Ghana helped prove that the Owo find made in July was a major new oil field.Owo is the latest oil field to be discovered by Tullow and its partners in Ghana, following Tweneboa in January and Jubilee in 2007, which is due to start pumping later this year and will turn Ghana into an oil producer.The sidetrack well at Owo, drilled 600 metres away from the initial discovery well which found 53 metres of net oil pay, found an additional 16 metres of net oil pay with pressure data indicating the two finds are part of one reservoir.“The discovery of very material volumes of light oil in Owo and the fact that the oil is concentrated in high quality channel sands greatly enhances our outlook for the efficient future development of both the Owo and Tweneboa fields,” said Angus McCoss, Tullow’s exploration director .Tullow has a 49.95 per cent stake in the deepwater Tano licence where Owo is situated, alongside partners including Ghana National Petroleum, privately-held US firm Kosmos Energy and US oil producer Anadarko Petroleum. More From Our Partners Biden 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.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell 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.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com 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 Monday 13 September 2010 8:49 pm whatsapp whatsappcenter_img Share KCS-content Show Comments ▼ Second oil find offshore Ghana marks a major field for Tullow Tags: NULLlast_img read more

UK firms under threat from new Bribery bill

first_img 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 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.comPeople-TodayWoman Files For Divorce After Seeing This PhotoPeople-TodayElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald Share whatsapp Wednesday 15 September 2010 8:06 pm KCS-content center_img THE Ministry of Justice (MoJ) launched a two-month consultation on the Bribery Act to help companies prepare for new legislation due to come in next April.A consultation period with industry bodies kicked off yesterday and will run until the beginning of November. The government said that it plans to publish the responses in early 2011.The consultation covers corporate hospitality and promotional expenditure. Firms have been concerned that the wording in the act was too broad, leaving large international companies vulnerable to bribery charges, especially when it came to entertaining clients and business partners.Others fear that strict new legislation currently threatens to put UK companies and those doing business in the UK at a competitive disadvantage“That the government has now issued draft guidance is welcomed. The guidance is, as expected, based on principles. Although it doesn’t solve some of the problems, especially concerning the bribery of a foreign official, it is positive that some guidance has been provided on that point,” said Simmons and Simmons lawyer Patrick Boylan. UK firms under threat from new Bribery bill Show Comments ▼ 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.orgMark Eaton, former NBA All-Star, dead at 64nypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com Tags: NULLlast_img read more

Tech firms get finance boost

first_img 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 FINANCE firms replacing their computing infrastructure is driving a surge in the technology industry, according to Intel’s European boss Tristan Wilkinson.A number of major UK?finance firms have updated their systems to cope with increasing demand for high speed transactions, after a two-year lag caused by the recession.Intel on Tuesday reported a third successsive quarter of record results, 56 per cent ahead of comparative pre-recession levels.However, Wilkinson told City A.M. the firm is still “cautious” about the UK due to macroeconomic conditions, especially in the consumer sector, which saw a dip in profits. But he said: “We are not worried about a double dip recession – we see continued growth – but there is still pressure on consumer demand.”He added he does not see the impending hike in the rate of VAT, from 17.5 per cent to 20 per cent in January, as a major problem.Wilkinson added: “We don’t think it will have an explicit impact on our business. Computers are part of everybody’s lives now. It isn’t something people will stop buying. People want to be up to date, with the latest technology.”He also called for the technology sector to engage with the government in its austerity drive, saying investment in the right technology can be the difference between spending pennies and spending pounds.Intel’s results raised hopes that the technology sector could end 2010 on a strong note. However, analysts warned not all chip makers would fare as well as Intel.Intel said that by early 2011 it should close its acquisitions of the wireless unit of German chipmaker Infineon for $1.4bn (£880m) and security software specialist McAfee for $7.7bn. Both deals are seen as stepping stones into the growing mobile market. Show Comments ▼ KCS-content Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe 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 Tags: NULLcenter_img whatsapp Tech firms get finance boost Wednesday 13 October 2010 7:23 pm whatsapp Sharelast_img read more

BAE growth hit after defence budget cuts

first_img whatsapp whatsapp BAE growth hit after defence budget cuts Defence group BAE Systems said changes from the armed forces review would hit growth this year and reduce earnings per share next year.“Changes from the Strategic Defence and Security Review (SDSR) are expected to result in some reduction in growth for 2010,” BAE said in a statement. The company said that a reduction in its financial planning assumptions resulted in a one pence reduction in earnings per share, per annum.The government on Tuesday said it would delay renewing its nuclear deterrent and cut back its army, navy and air force as part of the harshest spending cuts for a generation, aimed at reducing a record budget deficit.The armed forces review, the first since 1998, unveiled a military with fewer people, fewer ships, fewer aircraft, fewer nuclear warheads and a smaller budget.Britain said the BAE-made Harrier aircraft would be retired from service but that the Tornado fleet, which BAE also makes, would be maintained.Orders for nine of BAE’s Nimrod MRA4 reconnaissance aircraft, due to start entering service this year, were also scrapped, while an order for Joint Strike Fighter jets – on which BAE is a partner – will be cut.However, the Royal Navy said BAE could go ahead with an order to build seven Astute class submarines.BAE, Europe’s largest arms contractor, also said its outlook for 2010 remains subject to talks on the cancellation of an offshore patrol vessel programme by Trinidad and Tobago.“Whilst the financial consequences (of the Trinidad and Tobago deal) cannot be definitively assessed at this time … the group estimates a charge of up to £150m, before tax, may be required in its 2010 accounts,” BAE said. John Dunne 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 Wrap Share Show Comments ▼ Thursday 21 October 2010 3:33 am Tags: NULLlast_img read more

Tucker: Bank to hold fire on withdrawing stimulus

first_img More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA 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.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com Tucker: Bank to hold fire on withdrawing stimulus Video Carousel – cityam_native_carousel – 426 00:00/00:50 LIVERead More Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeCarsGeniusThese 4 Loaded SUVs Are Now Dirt CheapCarsGeniusUndoTotal Battle – Tactical Game OnlineAdvertisement This Game Can Train Your Brain To Think StrategicallyTotal Battle – Tactical Game OnlineUndoGadgetheory39 Of The Most Beautiful Women In HistoryGadgetheoryUndoUrbanAuntyKate Middleton’s Gown Took Prince William’s Breath AwayUrbanAuntyUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoFungus EliminatorIf You Have Toenail Fungus Try This TonightFungus EliminatorUndoDid U KnowNew Dental Implant Prices Have Seniors Ditching Dentures For GoodDid U KnowUndoThe Chef PickShe Was An Icon, This Is How Kelly Lynch Lives At 62The Chef PickUndoYour Money Magic96-Year-Old Puts Her House For Sale. Look How It Looks InsideYour Money MagicUndo DEPUTY governor of the Bank of England Paul Tucker said yesterday that the central bank is unlikely to start withdrawing support from the UK economy in the near future, given the uncertain nature of the recovery.Tucker said the recovery would be “bumpy and uneven” because of “reasonably strong” headwinds, despite a strong rebound from an 18-month recession at the start of this year.“Earlier in the year, I had expected – half expected perhaps – that by this time in the year the Bank of England would start to withdraw the monetary stimulus we had provided to the economy,” Tucker told delegates at the CBI conference.“That seems to me…rather less likely now than it was then.”The BoE has slashed interest rates to a record low of 0.5 per cent and spent £200bn of newly created cash on buying assets to boost growth.One member of the MPC has called for higher interest rates to counter inflationary pressures, while another wants an expansion of the central bank’s asset purchase scheme to support the recovery. whatsapp Tags: NULL center_img whatsapp KCS-content Show Comments ▼ Share Monday 25 October 2010 7:38 pmlast_img read more

Legal and General on target for full year

first_img Life insurer Legal and General said it was set to beat its cash generation target for the full year, helped by a cost cuts and buoyant sales over the first nine months.L&G generated £526m of cash in the nine months to 30 September, the company said on Tuesday, putting it on course to exceed its £600m target for the year as a whole.L&G, Britain’s fourth-biggest life insurer by market value, also confirmed that its worldwide sales for the first nine months of the year were up 27 per cent at £1.347bn.The company published the bulk of its sales figures for the third quarter on 22 October, two weeks earlier than scheduled, after an analyst mistakenly released details of the company’s financial position. Tags: NULL 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 whatsapp Legal and General on target for full year whatsapp Tuesday 9 November 2010 3:24 amcenter_img John Dunne 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 TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan 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?MisterStory Share Show Comments ▼last_img read more

New US trading rules eyed

first_img Share KCS-content whatsapp Show Comments ▼ The US Commodity Futures Trading Commission expects to unveil a series of draft rules within a month, including real-time reporting of swaps trades next week and possibly the long-awaited commodities market position limits on 1 December its chairman said yesterday ahead of its 19 November meeting. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoThe Sports DropForgotten College Basketball Stars: Where Are They Now?The Sports DropUndoBob's Hideout30 Years She Used Makeup To Hide Her True IdentityBob’s HideoutUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoFamilyMindedThe Most Common Astrology Questions People AskFamilyMindedUndoOpulent ExpressHer Quadruplets Were Born Without A Hitch. Then Doctors Realized SomethingOpulent ExpressUndoBeach RaiderLittle Boy Brings $2 Painting To Antiques Road Show, Not Realizing Its WorthBeach RaiderUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndo whatsappcenter_img More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.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.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMark Eaton, former NBA All-Star, dead at 64nypost.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comKansas coach fired for using N-word toward Black playerthegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.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.com Thursday 11 November 2010 8:06 pm New US trading rules eyed Tags: NULLlast_img read more