CITY SET TO APPOINT ITS LATEST LORD MAYOR

first_img whatsapp whatsapp SLIPPERY SUCKERSOysters may be delicious, but as anyone who’s ever tried will know, the slippery little blighters are a devil to open up.That’s why Green’s restaurant on Cornhill is challenging City workers to get stuck in at its first ever amateur Oyster Opening Championships this evening – with a bottle of champagne and £200 dinner voucher as the star prize.Tickets to the event – where competitors need to open and present 12 oysters as fast as possible, having been given “training” beforehand – cost £14.50, including a glass of wine or beer, canapés and three oysters. May the best man – or woman – win.SUGAR PUFFSpeaking of competitions, there was a scramble to take a peek yesterday as the candidates for the latest series of the BBC’s Apprentice were revealed. The hopefuls, who are out to impress Alan, Lord Sugar, long-time adviser Nick Hewer and West Ham vice-chairman Karren Brady in the sixth series of the show, are a diverse bunch.They include a former Royal Marine, Christopher Farrell; the youngest ever candidate, 21-year-old entrepreneur Stuart Baggs; a former PR executive, Alex Epstein; and three past and present investment bankers, including ex-JP Morgan staffer Chris Bates.HOOK, LINE AND SINKERThe financial world’s providing a lucrative spell for Hollywood at the moment, what with Wall Street 2: Money Never Sleeps and the upcoming Client 9: The Rise and Fall of Eliot Spitzer, coming to screens in November.The former New York governor’s fall from grace is documented in all its lurid glory, from his war on Wall Street to the sudden revelation of his dalliances with high-class hookers. (“When you’re sending a girl for $30,000 a night, it doesn’t feel like prostitution,” says one representative of the agency Spitzer used, in the trailer which has just been released on the internet.) Book your cinema date, pronto…BLOOD BATTLEA gruesome-looking photograph lands on The Capitalist’s desk, showing a man with his shirt covered in blood, sporting an impressive bruise across his left eye. I hear the poor chap wasn’t the victim of a ruthless street gang, though, but a cricket ball – Alastair Clayton, a director of gold company Ortac Resources, had been playing for Hanson Capital chief investment officer Edward Collins’ team in a tournament in the South of France when a rogue delivery hit him in the face.Fortunately, our man wasn’t seriously harmed – and went on to hit a four off the last ball of the semi-final to win the game for the team. What a trooper. Share Show Comments ▼ IT’S ALL change for the City in the traditional sense this week, with the annual election of the Lord Mayor taking place later on today.As is the way with these things, the result of the “election” is almost a foregone conclusion before it’s even begun, since the City of London’s senatorial group, the Court of Aldermen, has already published its favoured candidate – this year, Alderman Michael Bear.Bear, currently working as a regeneration director at property group Hammerson, is up against David Wootton and Roger Gifford in the election, which, as you’d expect, takes the form of a drawn-out ceremonial process. The candidates are required to parade before the gathered liverymen, who then vote on them via the time-honoured tradition of calling out.Yesterday, the future hopefuls for the position also got their stint in the limelight after Alderman Fiona Woolf and Richard Sermon took over as the two new Sheriffs of London. In that role, they’re tasked with supporting the Lord Mayor in promoting the Square Mile and wider UK financial services sector – a role either might take up in earnest in the future, since only those who have previously served as a sheriff can become Lord Mayor.Woolf, a high-flying lawyer at CMS Cameron McKenna, would be in scant company if she does eventually manage that feat – there has only ever been one woman Lord Mayor, Dame Mary Donaldson, elected in 1983. KCS-content Tuesday 28 September 2010 9:42 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com More From Our Partners Native 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.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMark Eaton, former NBA All-Star, dead at 64nypost.comAstounding 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.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.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.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comWhy people are finding dryer sheets in their mailboxesnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com CITY SET TO APPOINT ITS LATEST LORD MAYOR Tags: NULLlast_img read more

CITY MOVES | WHO’S SWITCHING JOBS

first_img CITY MOVES | WHO’S SWITCHING JOBS KCS-content Wednesday 13 October 2010 7:22 pm whatsapp Tags: NULL PwCThe accountancy firm has appointed three new senior managers to its business continuity team, part of the risk assurance practice.Tom Buchanan, who previously worked at Barclays and Tesco, joins the crisis management team. James Cooke joins from Deloitte to focus on IT disaster and service recovery planning, while James Crask (pictured) will develop business continuity services aimed at the public sector, moving across from the Cabinet Office.Barclays WealthThe wealth management arm of Barclays has appointed Anne Grim as a managing director and head of global client services, a new role within the business.Grim joins from Wells Fargo Financial, where she was an executive vice president and held the role of divisional marketing, eBusiness and strategic partnership leader. She has also previously worked for American Express and Mastercard.MatrixThe financial services group has appointed Tom Plinston, Kapilan Pillai and Antoine Hnein to the equity research team within its investment banking business.Plinston will cover new energy and cleantech and joins from Collins Stewart; Pillai will cover financials and was previously at FBR Capital Markets; and Hnein moves over from Goldman Sachs to cover the leisure sector.ParagonThe buy-to-let mortgage lending specialist has hired Peter Shorthouse as director of treasury and structured finance.Shorthouse joins from UBS, where he was head of European securitisation. In his new role, he will report to Paragon’s finance director Nick Keen and will spearhead the group’s residential mortgage-backed securities (MBS) strategy.The appointment comes after Paragon last month announced its return to new lending in the buy-to-let mortgage market, with plans to arrange term funding in the MBS markets once it has aggregated a suitable loan portfolio.SWIPThe Scottish Widows Investment Partnership has hired Ian Clifton as commercial director in its fixed income team.Clifton, who will be based in London, has over 25 years of experience in the capital markets, most recently as a senior investment consultant with Mercer. He was also previously head of derivatives trading and head of FX trading in London for Nomura.RBC Capital MarketsThe investment banking firm has hired Guy Mullin-Henderson as head of business support services.He joins from NM Rothschild. Share Show Comments ▼ 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 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 FarmDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definitionthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comlast_img read more

New buyers gain in slump

first_img Show Comments ▼ Monday 8 November 2010 9:08 pm whatsapp New buyers gain in slump Share whatsapp center_img 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 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 Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDirect HealthyKate Silverton’s PartnerDirect Healthythedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com KCS-content A SLOWDOWN in the housing market could tempt first-time buyers to take their first step onto the property ladder over the coming year, new research has shown.Around 26 per cent of people who intend to buy a home will be doing so for the first time, up from a low of 22 per cent in July, according to property website Rightmove.Confidence amongst first-time buyers is returning to the housing market as the prospect of lower house prices encourages would be homeowners to purchase a property.A third of buyers now expect the cost of property to be lower in 12 months’ time than it is now, up from only a fifth during the previous quarter.The Royal Institute of Chartered Surveyors (Rics) confirmed a downward trend in the housing market today, as 49 per cent more surveyors reported a fall in house prices in October, down from 36 per cent in September, the worst figure since April 2009.The organisation also said new buyer enquiries had dropped for the fifth consecutive month, and blamed a continued lack of mortgage finance and a generally cautious attitude from purchasers.Rightmove director Miles Shipside said: “Lower property prices might well strike fear into the hearts of property-owners, but it will be music to the ears of those eager to take their first step onto the property ladder.“Recovery will be quicker if more sellers are willing to negotiate on price and in doing so make it easier for those purchasing for the first time. Everyone with an active involvement in the housing market should be doing their bit to welcome back first-time buyers with both open arms and open wallets”. Tags: NULLlast_img read more

Centrica on track to meet profit forecast

first_img KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeWolf & ShepherdNFL Star Rob Gronkowski’s Favorite ShoesWolf & ShepherdBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastDaily Finance StoriesChrissy Metz, 40, Shows Off Massive Weight Loss In Fierce New PhotoDaily Finance StoriesBlood Pressure For LifeWhy Doctors May No Longer Prescribe Blood Pressure MedsBlood Pressure For LifeMoneyPailShe Was Famous, Now She Works In {State}MoneyPailOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesLoan Insurance WealthHow Amal Clooney Looks Without Makeup Is Tough To HandleLoan Insurance Wealth whatsapp Tags: NULL Centrica on track to meet profit forecast Wednesday 17 November 2010 8:32 pmcenter_img 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 Share CENTRICA, which owns British Gas, continued to perform well during the third quarter it said yesterday.The group forecast operating profit for the year would be slightly ahead of market expectations of around £2.2bn although this would be slightly offset by interest and tax charges relating to several joint ventures. Centrica said interest charges were likely to be over £200m adding net debt stood at £3bn at the end of the third quarter. Based on current estimates of the mix of profits Centrica expects its effective tax rate for the financial year to be around 37 per cent.Last week British Gas said it was increasing household gas prices by seven per cent at the start of December, blaming network charges and environmental obligations as well as a rise in wholesale prices for gas and electricity. Yet in July, it said half-year profits had been boosted by the then low level of wholesale gas prices. British Gas also said it had boosted residential energy accounts by 270,000, this year. Audrey Gallacher, head of energy at Consumer Focus, said: “Customers will be baffled as to why they are being told to pay more when British Gas are on track for such huge profits.” Show Comments ▼last_img read more

Silverfleet eyes Hunter’s Office chain

first_img Show Comments ▼ whatsapp KCS-content Share SIR TOM HUNTERWEST COAST CAPITALScotland’s first self-made billionaire began his career by selling trainers out of a van. He built his sportswear business into Sports Division, one of the UK’s largest clothing retailers with a market value of £250m when it was sold to JJB in 1998. Hunter went on to set up West Coast Capital in 2001 as an investment vehicle and holding company for his £1.1bn fortune, most of which has been earmarked for charities. He runs the Clinton-Hunter Development Initiative with Bill Clinton, which was set up with £60m to fund projects in developing communities. He also set up the Hunter Foundation with his wife Marion in 1998 to fund education projects, helping to earn him a knighthood in 2005. His philanthropic plans were scaled back during the financial crisis, when his investments in building firms helped wipe out more than half of his fortune and cost him his place as the richest man in Scotland on the Sunday Times rich list in 2008. His investments have since recovered, and his wealth is now estimated to be back above £1bn. Hunter was born in 1961 in Ayrshire and studied business at the University of Strathclyde, where he now sponsors the Hunter Centre for Entrepreneurship. whatsappcenter_img More From Our Partners Police 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.orgMark Eaton, former NBA All-Star, dead at 64nypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comWhy people are finding dryer sheets in their mailboxesnypost.com Silverfleet eyes Hunter’s Office chain Tags: NULL HIGH STREET shoe retailer Office is likely to be bought by Silverfleet Capital after the private equity firm entered exclusive talks with current owner Sir Tom Hunter, a source close to the deal said yesterday. The exclusivity agreement all but scuppers the chances of Blackstone and PAI Capital, who had pursued Office since Sir Tom’s company West Coast Capital hired corporate advisers Hawkpoint and Financo in June to examine the options for the firm. Sir Tom is said to be looking for bids of up to £200m for the chain of around 120 outlets in the UK and Ireland. West Coast, used by the Scottish entrepreneur as a buyout vehicle, acquired Office for £15.5m in 2003, when the brand had fewer than 25 branches.Office – which is one of the most profitable parts of West Coast – posted underlying earnings of £18.6m for the year to the end of January 2010, on sales of £135.7m. Silverfleet Capital also owns TJ Hughes, the discount furniture and clothing retailer, following a £56m management buyout deal in 2003. The private equity group axed plans to sell the retailer earlier this month, leading to the departure of TJ Hughes chief executive Sue Tennant. Silverfleet’s diverse portfolio also includes Schneider Group, an online retailer, artificial sausage casings maker Kalle and Orizon, a temporary staffing agency.Earlier this year, it sold its stake in French jeweller Histoire D’Or. West Coast and Silverfleet declined to comment, while Blackstone and PAI did not return calls yesterday.When the business was first put on the market in the summer, Office chief executive Brian McCluskey said: “West Coast has held the business for seven years now, so this is timeous in the lifecycle of private equity, particularly given we have received several unsolicited approaches for the business.”West Coast, which also owns fashion retailer USC, posted a pre-tax profit of £6.9m in the year to 31 January 2010, compared to a loss of £66,322 a year earlier. FAST FACTS | OFFICE● Posted earnings of £18.6m on sales of £135.7m in the year to January 2010● Trades from 120 stores and concessions in the UK and Ireland● Has been owned by West Coast since 2003 Sunday 28 November 2010 9:11 pmlast_img read more

S&P toughens rating rules

first_img 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 ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof S&P toughens rating rules whatsapp HALF the world’s biggest banks could face a credit rating downgrade from Standard & Poor’s, the US ratings agency said yesterday as it announced proposals to review the way it rates the industry.In a sign of the pressure on agencies to respond to criticism that they failed to flag up weaknesses in bank balance sheets prior to the financial crisis, S&P’s stringent new criteria would consider not only a bank’s stand-alone credit profile but also that of its parent group or government.The criteria, a “significant change” from current rating methodology, would also see greater scrutiny of retained earnings and their capacity to cover anticipated losses, and greater emphasis on risks related to complex off-balance-sheet derivatives.“We are now emphasising structural changes in the economy, a bank’s business position, and its financial strength as key drivers of changes in creditworthiness,” it said.In a trial assessment of 138 banks, more than 40 per cent saw their stand-alone credit rating lose one notch or more. “For roughly half of the largest banks, the results show that the proposed criteria would result in downgrades,” it said. Fewer than a fifth of banks currently rated A-1 or higher would see a downgrade while only about 15 per cent of long-term issuer credit ratings were significantly affected. The new rules would apply to retail, commercial and corporate and investment banks. Share KCS-content Show Comments ▼ Thursday 6 January 2011 9:02 pm whatsapp Tags: NULLlast_img read more

CBI says government must support long-term investors

first_img whatsapp Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap 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.comUndo KCS-content Tags: NULL Show Comments ▼ Sharecenter_img Sunday 16 January 2011 10:17 pm CBI says government must support long-term investors whatsapp THE government needs to reconsider regulation and taxation rules to encourage more long-term investment, says Britain’s largest employers’ group.The CBI is today calling for the government to focus on reforming investment guidelines and promoting the UK as a place to invest for domestic and foreign companies. In its submission to the Business Innovation & Skills consultation, the CBI also calls for the government to encourage investors to take a more long-term view.Matthew Fell, CBI Director of Competitive Markets, said: “There are issues that do need to be addressed to encourage more long-term investment, particularly changes to solvency and accounting rules, and to the tax system.“There is also a need to establish greater clarity around the areas covered by the ‘public interest’ test. New takeover rules must prioritise transparency and certainty around bids, and the Stewardship and Corporate Governance codes should promote the building of long-term relationships between boards and investors.”The CBI said it supports proposed changes to the takeover rules including changes to the ‘put up or shut up regime’ that reduce the period of uncertainty for takeover targets. last_img read more

Hunt delays decision on News Corp bid

first_img Hunt delays decision on News Corp bid whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoSerendipity 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 FollowAlphaCuteUndoLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsUndoDefinitionDesi 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 FarmUndo Tuesday 25 January 2011 9:27 pm 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 KCS-content whatsappcenter_img Share Show Comments ▼ CULTURE minister Jeremy Hunt has stalled his decision over the future of News Corp’s £7.8bn bid for Sky.Hunt says he will give News Corp more time to prove its bid will not have an adverse affect on media plurality before referring it to the Competition Commission.Media watchdog Ofcom has filed a report highlighting its concerns over the bid, which it recommends is investigated by the Competition Commission. News Corp is desperate to avoid this scenario, which will delay by at least six months its bid for the 61 per cent of the broadcaster it does not already own.Hunt was accused of showing bias towards Rupert Murdoch’s organisation, despite saying he still plans to refer the bid to the Competition Commission.A furious Sky yesterday accused Ofcom of bias in its assessment of the bid. The watchdog responded with a strongly worded statement reading: “We absolutely stand by our report which is a rigorous, thorough and independent assessment of the issues. News Corporation’s response makes a series of assertions of purported errors by Ofcom in its report.“Specifically, News Corp alleges that Ofcom did not have an open mind when considering the issue of plurality. This allegation is without foundation.” Hunt has not given a date for his final decision but is expected to decide within the next month. Tags: NULLlast_img read more

Aer Lingus mulls Asian tie-up

first_img KCS-content Aer Lingus mulls Asian tie-up Wednesday 2 February 2011 7:49 pm Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily Proof Irish airline Aer Lingus is looking to clinch a marketing alliance involving the sharing of route codes in the Asia-Pacific region to tap into faster growth outside Europe, chief executive Christoph Mueller said. “In the United States the shake-out is more or less complete in my view… Latin America and Asia are clearly more exciting.” Aer Lingus already has a code-share agreement – which sees airlines link up their flights to extend their networks – with United, British Airways and KLM. Mueller said Aer Lingus was well protected against oil price swings this year as it hedges its exposure two years in advance. He also said there was more potential to save costs, for instance in oil purchasing and information technology processes. Show Comments ▼ whatsappcenter_img whatsapp Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionAlphaCute30 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 last_img read more

Expedia profits slip due to higher taxes

first_img Show Comments ▼ whatsapp KCS-content Thursday 10 February 2011 8:39 pm Expedia profits slip due to higher taxes 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 ItZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmcenter_img Share ONLINE travel agency Expedia said yesterday its quarterly profit slipped 30 per cent due to a higher tax rate and increased interest expense.The largest online travel agency said fourth-quarter net income amounted to $71.3m (£44.3m), or 25 cents per share, compared with $102.2m, or 35 cents per share, a year ago.Excluding one-time items, Expedia said it earned 32 cents per share, compared with analysts’ average estimate of 36 cents per share.The total value of Expedia’s bookings rose 14 per cent in the quarter from a year ago to $5.75bn. The company posted revenue of $808.4m, compared with forecasts for $801.3m. Revenue was $697.5m in the same period a year ago.Expedia’s operating margin narrowed to 18.5 per cent from 20.2 per cent. Gross bookings climbed 14 per cent, while transactions rose 13 per cent. Worldwide hotel revenue climbed 15 per cent, with nights stayed rising. Air revenue also increased 15 per cent.Shares of Expedia fell 5.3 per cent to $24.33 following the release of its earnings from their $25.69 close in regular trading on Nasdaq. Tags: NULL More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org whatsapplast_img read more