Soros shuns US equities

first_img Tags: NULL whatsapp 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.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.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.org LEGENDARY investor George Soros has slashed his investments in US stocks including AOL, Pfizer and Google, according to a regulatory filing yesterday. Soros moved swathes of his fortune into gold companies over the last three months, as the man who bet against the Bank of England sold off more than 95 per cent of his stocks in bellwether firms JP Morgan, Wal-Mart and Verizon. Soros Fund Management’s largest holding is now in a gold exchange traded fund, making up around 13 per cent of its equity portfolio, worth some $638m. Soros is also likely to have moved money from equities into government bonds, but the US Securities and Exchange Commission only asks for disclosure of activity in equities. The shift took place in a quarter when the Standard & Poor’s equities index fell 12 per cent. Soros shuns US equities Share center_img whatsapp Show Comments ▼ KCS-content Tuesday 17 August 2010 8:25 pm 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 AthletesBetterBeautooverload.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 HeraldTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading Blvdlast_img read more

Britain’s private sector jobs miracle

first_img Tags: NULL Britain’s private sector jobs miracle KCS-content 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 More From Our Partners Police 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.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.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.orgMark Eaton, former NBA All-Star, dead at 64nypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com Share center_img whatsapp whatsapp WITH the money supply dipping in August, and a flurry of other downbeat indicators, it is clear that the economy won’t grow especially quickly in the next few months. But this doesn’t necessarily bode ill for jobs. One of the great surprises of the past two years has been the performance of the labour market, which didn’t deteriorate as much as expected. One minor reason was the government’s hiring spree, which was always unsustainable. The state sector took on an extra 209,000 people during the downturn (excluding the 241,500 staff of the now state-controlled banks). The primary reason for the resilience, however, is that fewer private sector jobs were lost than during the last, much milder recession of the early 1990s. I don’t know of a single economist who predicted this. As Ian Stewart, Deloitte’s excellent chief economist, points out, 822,000 private sector jobs were lost in 2007-09, compared to 1.3m job losses in 1991-1993 (even though GDP fell by more this time around).Even more remarkably, a similarly benign development wasn’t seen in other economies. UK employment is 1.2 per cent below its pre-recession peak – in the US, it remains 5.4 per cent below peak, in the Eurozone 2.7 per cent lower and in Spain a disastrous 10 per cent lower. Once again, Britain’s outperformance has been extraordinary. Because the reduction in jobs was much less than the drop in GDP, the UK’s performance has nothing to do with the government’s cyclical’s policies, such as quantitative easing; structural forces were at play.It turned out that – despite a massive increase in regulation in recent years – the UK labour market remains surprisingly flexible. There has been a sharp reduction in overtime and hours worked, with an increase in part time and temporary work; by slashing costs, this helped keep private sector employment reasonably strong while spreading the pain. Even more importantly, wages have tumbled significantly after adjusting for inflation. This has cut the cost of labour and boosted employment.So far this year 344,000 extra jobs have been created in the private sector; most were part time , but roughly a third were full time. Crucially, the private sector has created far more jobs than have been lost in the public sector – so far this year the public sector has shed 47,000 jobs out of the 600,000 cuts likely over the next five years or so. The Office for Budget Responsibility thinks 80 per cent of the state sector cuts will take place from 2013; just 40,000 jobs will go in both 2011 and 2012, 0.1 per cent of total UK jobs. So employment will almost certainly keep on going up over the next two years, thanks to the private sector – and after that the economy will hopefully have strengthened. As the Deloitte report points out, the recovery from the early 1990s recession was accompanied by heavy cuts in public sector jobs which did not derail the recovery. The public sector shed 72,000 jobs in 1994, 87,000 in 1995 and 107,000 in 1996. These job losses were dwarfed by rapid growth in private sector employment. There was a difference with today’s conditions, however, and that was that the UK’s long-term sustainable rate of growth was much higher. Taxes were lower, as was red tape; the size of the state was much, much smaller. So far the strong jobs market has surprised everybody; let us hope it continues to do so. There is no Plan [email protected] Monday 20 September 2010 9:33 pm Show Comments ▼last_img read more

System C sees profit up 32pc

first_imgMonday 27 September 2010 7:59 pm KCS-content Tags: NULL System C sees profit up 32pc 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 ItPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com More From Our Partners I blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.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.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.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 whatsappcenter_img HEALTH and social care solutions provider System C Healthcare yesterday reported a 32 per cent rise in pre-tax profit to £5.4m from £4.1m for the year to 31 May. Revenue surged by 75 per cent to £38.3m from £21.9m. Excluding new acquisitions, revenue increased by 44 per cent to £31.5m. Meanwhile, earnings per share were up nine per cent at 4.07p from 3.72p.System C said its strong cash generation had been strong, with a net position at the year-end of £18.6m, up from £14.7m. Final dividend was increased to 0.50p from 0.44p, with total dividend up 14 per cent to 0.75p.The acquisition of Liquidlogic in July 2009 for £10.2m had given System C entry into the social care IT market, while acquisition of Conscia Enterprise Systems in October for £0.8m had strengthened the group’s expertise in web-based technologies.Chief executive Ian Denley said: “This is a time of great upheaval for the NHS, in both policy and economic terms, with changes under way that are generating both risks and opportunities.“At System C, we are completing our five-year strategic investment in our Medway software and bringing the products to market at a time when NHS Trusts have been newly freed from central purchasing obligations. “We are now experiencing a surge in procurement activity and have already achieved strategic contract wins, including The Royal Devon & Exeter NHS Foundation Trust.”Denley added that services revenues were down but holding steady and the sales pipeline for Medway had “never been stronger”. whatsapp Share Show Comments ▼last_img read more

Upbeat Puma lifts forecast

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailOpulent ExpressAn Aircrew Saw Odd Activity On A Remote Island And Had To Look CloserOpulent ExpressStuff AnsweredSeniors Save on New MattressesStuff AnsweredReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterDirect HealthyKate Silverton’s PartnerDirect HealthyArticles VallyThey Saw This During Prince Charles’ BroadcastArticles VallyTruthfinderEnter Your Name, Wait 105 Seconds, Here’s What Your Friends Can Know About YouTruthfinder Upbeat Puma lifts forecast whatsapp Tuesday 26 October 2010 7:52 pm whatsapp Sharecenter_img Show Comments ▼ KCS-content GERMAN sporting goods company Puma hiked its sales outlook and posted solid third-quarter profits, following in the footsteps of rivals Adidas and Nike.The company said yesterday it expects the sales outlook to improve in the fourth quarter as it reported demand in North America and Latin America helped boost third-quarter sales by 6.5 per cent. It forecast €4bn (£3.5bn) of sales by 2015 and said it aimed to keep its gross profit margin – a measure of profitability — stable until then.Puma, which is controlled by France’s PPR, said it now sees 2010 sales growing by a medium to high single-digit percentage. It previously said it saw sales growing by a low to medium single-digit percentage this year. The second half of the year continues to show solid sales growth which should more than offset the flat performance in the first half of the year,” Puma said in a statement. Sales surged 27 per cent in the Americas but were broadly flat in Asia Pacific and Europe, Middle East and Africa. The Herzogenaurach, Germany-based sporting goods company posted third-quarter net profit of €77.6m up from €67.9m in the year-earlier period and broadly in line with €78.7m forecast in a Reuters poll. More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.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.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.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.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com Tags: NULLlast_img read more

Headhunter acquires rival to capitalise on high growth in clean-tech industry

first_img whatsapp Monday 8 November 2010 8:56 pm Headhunter acquires rival to capitalise on high growth in clean-tech industry KCS-content Show Comments ▼ Share whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndoAdventure CrunchHere Are the Most Famous Pro Wrestlers From the Past TodayAdventure CrunchUndoFinance BLVDThis Star from ‘Gilligan’s Island’ is 101 & lives a humble life nowFinance BLVDUndoArticles StoneLittle Boy Brings $2 Painting To Antiques Road Show, Not Realizing Its WorthArticles StoneUndothedelite.comNetflix Cancellations And Renewals: 2021 Updatethedelite.comUndoReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterUndo Tags: NULL HEADHUNTER Kinsey Allen International has acquired rival recruiter Ruston Wheb.The global financial recruitment specialists secured the deal for an unspecified amount, and will use niche environmental recruiter Ruston’s expertise to grow in the clean technology (clean-tech) sector.Part of the Wheb group of companies founded by financier Ben Goldsmith, brother of Conservative MP Zac Goldsmith, Ruston started trading in 2000 and grew to become one of the most successful clean technology executive recruitment firms, having completed more than 300 board level appointments since its inception.Kinsey Allen prizes the strength of the environmental sector, and established a clean technology division in August this year in order to capitalise on high-growth prospects.Ruston will incorporate Kinsey Allen’s cleantech division to create one specialist environmental executive search firm, led by Ruston’s Ian Jenkins under the Ruston Wheb banner.Ken Brotherston, Kinsey Allen chief executive, said: “Clean technology is the most exciting sector in the global economy, in money terms invested and in its importance and interest from private equity funds and governments investing in the area. It’s only going to grow in the future so it’s hard not to be excited about it.” More From Our Partners Astounding 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.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comKansas coach fired for using N-word toward Black playerthegrio.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com Video Carousel – cityam_native_carousel – 426 00:00/00:50 LIVERead Morelast_img read more

Gold powers to all-time high as Zoellick calls for new system

first_img Gold powers to all-time high as Zoellick calls for new system Share Monday 8 November 2010 9:06 pm Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBrilliant TravelerNever Take A Stone That Has Been Placed On A Grave! Here’s WhyBrilliant TravelerUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was Famous, Now She Works In {State}MoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoMoneyWise.comMechanics Say You Should Avoid These Cars In 2021  MoneyWise.comUndoCrawl Space RepairFoundation Repair Cost In Scottsdale May Surprise YouCrawl Space RepairUndoArticles VallyThese Women Have Inspired A Lot Of Women WorldwideArticles VallyUndoFungus EliminatorIf You Have Toenail Fungus Try This TonightFungus EliminatorUndoStuff AnsweredBest Meal Delivery for SeniorsStuff AnsweredUndo GOLD powered to an all-time high above $1,400 (£868) an ounce yesterday, despite a bounce in the dollar, as investors sought an inflation hedge from the Federal Reserve’s massive bond-buying programme. Gold has risen almost six per cent since just before the Federal Reserve detailed its plans last Wednesday to buy $600bn worth of Treasuries to revive the economy.Underlying support helped lift the metal after comments from World Bank president Robert Zoellick in the Financial Times calling for leading economies to consider readopting a modified global gold standard to guide currency movements, although most analysts deemed it unrealistic.Zoellick called for a system that “is likely to need to involve the dollar, the euro, the yen, the pound and (yuan) that moves towards internationalisation and then an open capital account.”“Gold could potentially play a small role in the overall framework, but I don’t think we are in a position to go back to a gold standard,” said commodities strategist Nic Brown of Natixis. Analysts also said that the gold market is too small to absorb such demand. whatsappcenter_img More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comColin Kaepernick to publish book on abolishing the policethegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comMark Eaton, former NBA All-Star, dead at 64nypost.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comKiller drone ‘hunted down a human target’ without being told tonypost.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com KCS-content Show Comments ▼ whatsapp Tags: NULLlast_img read more

King criticises Tory leaders

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 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 FarmReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter Centerthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com Tags: NULL Tuesday 30 November 2010 9:00 pm More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.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.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.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.comConnecticut man dies after crashing Harley into live bearnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com whatsapp King criticises Tory leaders center_img UK BANK governor Mervyn King criticised David Cameron and George Osborne for their lack of experience ahead of the election, according to leaked US embassy cables.King told US ambassador Louis Susman that the future Prime Minister and chancellor relied too heavily on a narrow circle of advisers and “had a tendency to think about issues only in terms of politics, and how they might affect Tory electorability.”King told Susman he had held private meetings with the two conservative politicians before the election to urge them to draw up a detailed plan to reduce the deficit. Following the meeting, King had expressed “great concern about the conservative leaders’ lack of experience,” according to Susman. The governor said that party leader David Cameron and shadow chancellor George Osborne had “not fully grasped the pressures they will face from different groups when attempting to cut spending”.The revelation follows recent criticism from senior bank officials over King’s “excessively political” support for the coalition government’s fiscal austerity programme. Share Show Comments ▼ whatsapp KCS-content last_img read more

Henderson confirms Gartmore takeover talks

first_imgMonday 20 December 2010 2:34 am ANGLO-AUSTRALIAN fund management house Henderson Group has confirmed it is negotiating the potential takeover of struggling rival funds firm Gartmore.Gartmore said on Friday it had entered into talks with Henderson on the basis of a proposal priced at “a slight discount” to Gartmore’s closing share price of 98.75p on December 16, valuing the company at £360m. “Henderson’s proposal is conditional. No terms have been agreed and there can be no certainty that a transaction would proceed on the basis set out in Gartmore’s announcement,” the fund manager said.Gartmore announced last month it had appointed bankers to seek a merger or sale after star fund manager Roger Guy announced he was retiring from the company, shortly after the departure of close colleague Guillaume Rambourg.Henderson is no stranger to the acquisition trail, having bought rival New Star Asset Management last year, though talks to buy US boutique RidgeWorth from SunTrust faltered in July. Show Comments ▼ whatsapp 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 PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald alison.lock center_img Henderson confirms Gartmore takeover talks Share More From Our Partners Feds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.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.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comWhy people are finding dryer sheets in their mailboxesnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com Tags: NULLlast_img read more

Costain makes improved offer for Mouchel

first_img Show Comments ▼ John Dunne whatsapp Share British construction firm Costain has made an improved takeover approach worth around £172 million pounds for struggling business services group Mouchel.The proposal comprises 0.5531 Costain shares and 30 pence in cash for each Mouchel share which, based on Costain’s closing share price of 222.75 pence on Thursday, values each Mouchel share at around 153.2 pence.Earlier this month Mouchel rejected an approach from Costain worth about £148m, saying the offer significantly undervalued the company.“The strategic rationale for a combination has been widely supported and following extensive discussions with both sets of shareholders we have now significantly enhanced our proposal,” said Costain Chairman David Allvey.“Having made our first approach to Mouchel seven weeks ago and as one of a number of options to deliver our strategy, we believe that our revised proposal is attractive to both sets of shareholders and should now encourage Mouchel’s board to engage with us without delay.”Mouchel, whose operations range from highway maintenance to consulting for local authorities, has been hit hard by government cutbacks and has embarked on a strategic review after warning it may need fresh funds if it fails to reach a refinancing deal with its banks.Shares in Mouchel, which have risen by more than 50 per cent in the last month, closed at 113.75 pence on Thursday, valuing the business at around £133m 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 whatsapp Friday 21 January 2011 2:45 am Costain makes improved offer for Mouchel Tags: NULLlast_img read more

Permira and Axa plan a joint bid to buy Opodo

first_img Share Show Comments ▼ whatsapp whatsapp More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.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.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.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.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.comWhy people are finding dryer sheets in their mailboxesnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comConnecticut man dies after crashing Harley into live bearnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com Permira and Axa plan a joint bid to buy Opodo center_img Sunday 23 January 2011 10:58 pm PERMIRA and Axa Private Equity are planning to make a joint €500m (£425.5m) bid for Opodo tomorrow, as they seek to compete against US internet travel giants Expedia and Orbitz.However the two private equity groups are likely to face bidding competition from their US rival Carlyle, according to the Financial Times. The newspaper added that people familiar with the auction believe Permira an Axa are favourites.Before joining forces to bid for Opodo, Permira and Axa had been competing head-to-head to acquire mid-sized European internet travel agencies. Last year Axa outbid Permira to buy Go Voyages. Conversely Permira beat Axa in the fight to buy the Barcelona-based online travel group eDreams.But after teaming up, the two groups reportedly plan to buy Opodo, which is being sold by Amadeus IT Holding, and combine it with eDreams and Go Voyages to create a European travel behemoth.Opodo accounts for just four per cent of Amadeus’ total revenue. 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 AthletesBetterBeDefinitionDesi 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 Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search Ads KCS-content Tags: NULLlast_img read more