WHAT THE OTHER PAPERS SAY THIS MORNING

first_img WHAT THE OTHER PAPERS SAY THIS MORNING whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comFree HubRare Photos of Princess Diana The Royal Family Never Wanted People To SeeFree HubZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldDrivepedia20 Of The Most Underrated Vintage CarsDrivepedia THE SUNDAYSThe Sunday TelegraphNATIONAL GRID IN $26M US INQUIRYNational Grid is facing an investigation by United States regulators over allegations it is trying to charge more than $26m in excessive costs to American consumers, including management expenses for private school tuition fees and the transatlantic shipment of a wine collection. The claims have come from New York and Massachusetts, where the heavily-regulated British electricity giant is trying to raise rates by $369m and $107m respectively in a crucial election year.FORMER ENRON BOSS REFUSED BAILJeffrey Skilling, the former boss of Enron who was jailed for 19 fraud charges in 2006, has been refused bail while he appeals against his convictions. The US Court of Appeals in New Orleans denied his request for bail.THE SUNDAY TIMESOPODO OWNER MULLS SELL-OFFTravel reservations gian Amadeus is preparing to offload its majority stake in Opodo, the online holiday operation. The Madrid-based company has begun sounding out potential advisers for a sale. it has held preliminary talks with a number of investment banks to hear their ideas about how a disposal could be handled. No adviser has yet been hired, however, and further meetings are planned. if it goes ahead, a deal is not likely to take place until next year.BOSNIAN REFUGEES MAKE IT BIG IN PIZZA BUSINESSTwo immigrants who fled war-torn Bosnia for Britain in 1992 are preparing to sell a slice of a pizza business they founded here. Adnan Madjedovic and Edin Basic spoke little English when they arrived in the UK, but secured jobs in catering.TODAYFINANCIAL TIMESCBI WARNS OVER CUTS TO UNIVERSITIESThe head of the CBI employers’ body has raised new fears over the impact of the government’s austerity programme on universities, warning that the cuts “would have serious consequences for the [higher education] sector”.CREDITORS RENEW HUNT FOR NADIR’S MISSING ARTBankruptcy trustees pursuing the assets of Asil Nadir, the businessman who returned to the UK last month to face prosecution for theft, are reviving their search for half a dozen works of art acquired by him in the years before he fled the country in 1993. The Art Loss Register lists six paintings that were owned by Mr Nadir.The Daily TelegraphJOB VACANCY DECLINE KNOCKS CONFIDENCEThe confidence of Britain’s bosses in the economic recovery could be waning after new figures reveal a decline in the number of job vacancies last month. Industries including engineering, manufacturing, financial services, training and IT all suffered a drop in the number of jobs available in August compared with July, according to the Reed Jobs Index.TV PRODUCER POWER CORP ON BRINK OF ADMINISTRATIONPower Corp International, one of Europe’s biggest independent television producers and distributors, is on the brink of entering administration.Lloyds Banking Group could call in administrators as early as today over repayment of Power’s loan from the bank, which is said to be £10m-£12m.Power has been in talks with Lloyds.theguardianEXIT FROM EUROZONE IS GREECE’S WORST OPTION, SAYS JEAN-CLAUDE TRICHETGreece’s exit from the Eurozone would be the “worst possible option”, Europe’s central bank chief said at the weekend amid concerns over the debt-stricken country’s ability to pull itself out of crisis. Ahead of a crucial week for George Papandreou, the prime minister, with threats of renewed civil unrest over government austerity policies in the run-up to the leader’s keynote annual economic speech, the ECB president sought to squash speculation that Athens’ only solution was to revert to the drachma.GOOGLE FACES FIRST US COMPETITION INQUIRYRegulators in Texas have launched the first broad anti-trust review of Google’s search and advertising practices in the US. KCS-content Sunday 5 September 2010 10:36 pm whatsapp Share Show Comments ▼ Tags: NULLlast_img read more

Stewardship Code to face a final hurdle

first_img KCS-content Stewardship Code to face a final hurdle Share whatsapp THE GOVERNMENT’S new best practice rules for shareholders face a crucial period this week, as the last batch of institutional investors declare their support for the guidelines. The Financial Services Authority (FSA) is also due to report on its two-month consultation into the Stewardship Code, which aims to help institutional shareholders keep a closer eye on company leadership. The Financial Reporting Council (FRC) published the code in July, and has given institutions until the end of the month to publicly endorse the rules. No-one at the FRC could comment yesterday on the level of support received so far from fund managers and other institutional shareholders. Peter Montagnon, senior investment adviser to the FRC, urged investors to endorse the code last week. He said collective support for the rules would put the UK “in a strong position to push back on more radical alternatives” currently being mulled over by the European Commission. EU rules “would almost certainly involve more direct regulation of companies and also of the markets,” Montagnon warned at a conference. The FSA set a 6 September deadline for asset managers to voice concerns about the “comply or explain” rule in the code, which encourages investors to declare they will follow the rules, or explain why they will not. A spokesperson for the FSA could not confirm yesterday when the results will be published. FAST FACTS | STEWARDSHIP CODE● The Financial Reporting Council published the code in July, in response to the Walker Report on corporate governance● The code encourages institutional investors to monitor companies more closely Sunday 19 September 2010 10:28 pm Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily 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 ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Show Comments ▼ Tags: NULL whatsapplast_img read more

ASIA CRANKS UP CURRENCY RHETORIC

first_img More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgConnecticut man dies after crashing Harley into live bearnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org Wednesday 13 October 2010 8:01 pm Show Comments ▼ KCS-content CHINA is trying to avoid a currency war, but issues concerning any specific currency should not be treated as part of an agenda at G20 meetings, a Chinese G20 negotiator said yesterday. Japanese finance minister Yoshihiko Noda (above) said currency devaluation was a key issue for the meeting. whatsappcenter_img ASIA CRANKS UP CURRENCY RHETORIC Tags: NULL whatsapp Share 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 AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndolast_img read more

PETROFAC’S AYMAN ASFARI NAMED AS UK ENTREPRENEUR OF THE YEAR

first_imgMonday 18 October 2010 8:38 pm IN A climate where repairing the frazzled economy is paramount, it seemed fitting to see hundreds of the UK’s most successful company bosses and their advisers, bankers and friends gather at the Park Lane Hilton last night to celebrate the heroes of the recovery – entrepreneurs – at the Ernst & Young Entrepreneur of the Year Awards.The most coveted gong bestowed upon the country’s wealth creators each year – the overall UK entrepreneur of the year – this time round went to Petrofac chief executive Ayman Asfari, a name which has had eagle-eyed stockpickers foaming at the mouth for years.Having built Petrofac into a £5bn business since its £750m flotation in 2005, Asfari is always hungering for more – and had the following inspirational, if somewhat cheesy, advice for his fellow entrepreneurs.“Aim high, stick the course and shoot for the stars,” he told the guests. “There’s no limit to what you can achieve.”PROUD AS PUNCHEqually stirring, if less poetic, was last year’s winner Michael Spencer, the boss of inter-dealer broker Icap.Spencer went on from the UK awards last year to clinch EY’s World Entrepreneur of the Year gong in Monaco in June, from the jaws of 49 rivals from across the globe.“When they announced that I’d won, we went crazy,” Spencer chuckled. “We danced around the place with the Union Jack; you’d all have been proud as hell!”Spencer’s girlfriend Sarah (Marchioness of Milford Haven) was undoubtedly proud as hell as well, especially as her man paid special tribute to her influence last night.“I went over [to Monaco] with my girlfriend, who’s also here tonight,” the incurable romantic quipped. “She has certainly been a talismanic success, I must say…”GOLDEN OLDIESLeading the pack in the rest of this year’s awards, presented by BBC news stunner Fiona Bruce, were a pair of old-timers from the corporate world. Lord Young of Graffham, the former president of the Institute of Directors, was given a special award in recognition of his contribution to entrepreneurship over the past 50 years (“this is the very first award I’ve ever won”, Young smiled, cradling the trophy to his chest); while Brian Souter of Stagecoach won the master entrepreneur of the year award, bestowed upon him in absentia by the CBI’s director-general Richard Lambert.IN STYLEJulian Dunkerton, the chief executive of retailer Supergroup, won the retail entrepreneur gong, after floating his company on the stock exchange in March and more than doubling its share price in half a year.“There’s great product and then there’s fashion and they’re two different things,” Dunkerton insisted, shunning the cult status imposed upon his brand by the unofficial patronage of image-conscious stars like David Beckham. “It’s not all about the catwalk – we’re about creating the enduring classics.”Meanwhile, James Benamor, chief executive of Richmond Group, won the consumer products and services category – fittingly in the current climate, since his company provides funding to those who’s been refused credit by the large banks; Telecity Group’s Michael Tobin took the IT services gong; Nick Jenkins, founder of personalised greeting card site Moonpig, win the digital and innovation award; and the social entrepreneur category went to Sophi Tranchell, founder of Divine Chocolate – which is 45 per cent owned by the Ghanaian farmers which produce its cocoa. PETROFAC’S AYMAN ASFARI NAMED AS UK ENTREPRENEUR OF THE YEAR whatsapp Show Comments ▼ Share Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndocenter_img whatsapp KCS-content More From Our Partners Mark Eaton, former NBA All-Star, dead at 64nypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida 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.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.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comFeds 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.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com Tags: NULLlast_img read more

EX-SEYMOUR PIERCE BOSS TO LAUNCH NEW ADVISORY VENTURE

first_imgMonday 1 November 2010 8:52 pm KCS-content Tags: NULL A FEW short months ago, this column brought you murmurs that corporate financier Richard Feigen – who resigned as managing director of broker Seymour Pierce at the beginning of the year after an internal investigation, admitting that errors had occurred in a transaction he was overseeing – was mulling a return to the City. Fast forward to the present, and those whispers have become deafening. Word is that Feigen has teamed up with Stephen Bourne, the ex-head of corporate finance at BDO Stoy Hayward, and the pair are in the final throes of preparing the launch of their new venture, an advisory firm specialising in the small to mid cap sector.As is always the way with these things, much rests on their choice of a memorable moniker – and to that end, The Capitalist hears that the duo have been inspired by two of their favourite hobbies. Feigen spent much of last winter in the Alps after leaving Seymour Pierce, gadding about on the slopes with the likes of Britain’s premier Olympic skier Chemmy Alcott, while Bourne also spends much of his spare time on the piste. And for thirsty winter sportsmen hanging about at Geneva airport waiting for flights or tardy skiing companions, there’s a handy drinking hole in the vicinity called the Hub Bar. Hence talk in the marketplace that their new firm will be dubbed Hub Capital Partners – or HubCap, for short. Catchy.CABLE FRAYEDTo the top of the Gherkin last night for the launch of the Financial Traders and Brokers Network (FTBN), a new networking organisation for the industry, where a full-scale fisticuffs was only narrowly averted.OK, perhaps that’s going a little far, but the event organisers certainly knew how to blow up a storm when they juxtaposed as guest speakers perhaps two of the financial world’s most diametrically opposed ideologists – Dr Vince Cable, business secretary and scourge of highly-paid financial workers everywhere; and Simon Cawkwell, aka Evel Knieval, one of the most famous short sellers of our time.“I can only stay for 20 minutes, but please don’t think I’m running away,” joked Cable at the start of the evening, before admitting that he felt like he was waltzing into the “lion’s den”.Too right. Cawkwell, never one to mince his words, attacked in turn lawyers and politicians of all persuasions, before turning the full force of his wrath on the Financial Services Authority.“They’re intellectually useless slobs – I’m not trying to be rude, but I loathe the lot of them,” he boomed, before extolling the virtues of short-sellers, who apparently are “in the lead in cleaning up the City”.Despite that piece of logic, it’s clear which speaker would have come out tops if it had come to a full-on debate. Cable elicited from his audience a polite titter or two and a muted round of applause, where his rival’s speech met with whooping, cheers and guffaws of laughter. Game over.NEXT TOP MODELPanicking already about what to get for Christmas for a friend who has everything and needs nothing? Look no further.ThatsMyFace.com, which specialises into making up action figures from photographs, has launched a range of “celebrity” miniature dolls – featuring the likes of US President Barack Obama, Venezuelan President Hugo Chavez and… wait for it… Goldman Sachs boss Lloyd Blankfein.Blankfein (left) doesn’t come cheap at $99 (£61.70) a pop, but he comes in a variety of different outfits – standard-issue “military brown”, in which Blankfein himself probably wouldn’t be seen dead; “Indiana Jones” (ditto); casual (jeans and T-shirt); and – for a hefty supplement – the usual business suit.Of course, you could always just opt to buy the head for a bargain $60, and affix it to your own Barbie or Ken dolls as you see fit.IN MEMORIAMPreparations for remembrance events on Armistice Day, Thursday 11 November, are already underway – and some in the restaurant business are aiming even higher in future years.The swanky Mews of Mayfair restaurant is hosting a veterans’ lunch, served by local business entrepreneurs and celebrities, including former racing driver Sir Stirling Moss, where all donations will go to the British Legion charity. The lunch is the brainchild of one of Mews’ investors, Ashley Levett, who wants to make the event an annual affair and get a raft of other London restaurants on board for next year. Here’s hoping fellow eateries will flock to a good cause. Share center_img whatsapp EX-SEYMOUR PIERCE BOSS TO LAUNCH NEW ADVISORY VENTURE whatsapp Show Comments ▼last_img read more

Osborne Clarke: correction

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 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 ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof Share 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 PastZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAdventure CrunchHere Are the Most Famous Pro Wrestlers From the Past TodayAdventure CrunchFinance BLVDThis Star from ‘Gilligan’s Island’ is 101 & lives a humble life nowFinance BLVDArticles StoneLittle Boy Brings $2 Painting To Antiques Road Show, Not Realizing Its WorthArticles StoneReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter Centerthedelite.comNetflix Cancellations And Renewals: 2021 Updatethedelite.com KCS-content Osborne Clarke: correction center_img whatsapp In yesterday’s edition we incorrectly reported that law firm Osborne Clarke was closing down its London real estate business. While the firm is considering some redundancies, it is retaining its London real estate team. Show Comments ▼ Wednesday 24 November 2010 7:23 pm Tags: NULLlast_img read more

Arrest made in US insider dealing probe

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 ScottsdaleMoneyPailPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodaySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesNoteabley25 Funny Notes Written By StrangersNoteableyWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical GeniusZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Herald whatsapp KCS-content whatsapp FBI agents yesterday made the first arrest in what could be the biggest insider dealing probe in US history.Don Ching Trang Chu, 56, was arrested yesterday in connection with the investigation.He is an executive at Primary Global Research, an “expert network” firm that pairs hedge funds with current and former employees at publicly traded firms.Top US hedge funds and mutuals have also been subpoenaed as part of a massive insider trading operation.Hedge funds SAC Capital Advisors and Citadel, along with mutual funds Janus Capital and Wellington Management have been asked to hand over paperwork to the taskforce.The SEC has demanded trading and communications data from a number of firms as it searches for evidence of organised insider trading rings.No one at any of the firms receiving the requests for information from the SEC has been accused of wrongdoing.Non-affiliated Apple analysts have also been linked with the investigation, as the SEC probes the leaking of confidential “build plans” to investors.The news further rattled nerves on Wall Street a day after federal agents raided three hedge funds and carted away boxes of documents.Diamondback Capital Management and Level Global Investors, both hedge funds, were both raided by the FBI on Monday. The other fund searched was Loch Capital Management, which is based in Boston.FAST FACTS | SEC PROBESubpoenaed firms include SAC Capital Advisors, Citadel, Janus Capital and Wellington Management.On Monday the FBI raided Diamondback Capital Management and Level Global Investors. Wednesday 24 November 2010 9:06 pm Show Comments ▼center_img More From Our Partners Fans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.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.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.orgKansas coach fired for using N-word toward Black playerthegrio.comFort Bragg soldier accused of killing another servicewoman over exthegrio.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comKiller drone ‘hunted down a human target’ without being told tonypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com Share Arrest made in US insider dealing probe Tags: NULLlast_img read more

Eyes on ECB interest rates, as inflation in Eurozone jumps to a 26-month high

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 ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily 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 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 Eyes on ECB interest rates, as inflation in Eurozone jumps to a 26-month high Tags: NULL Show Comments ▼ Tuesday 4 January 2011 7:38 pm Share whatsapp KCS-content INFLATION across the Eurozone increased to 2.2 per cent in December, its highest level for over two years, it was estimated yesterday.The jump of 0.3 per cent from November’s rate takes consumer price index (CPI) inflation above the European Central Bank’s (ECB) target of “just below” two per cent. It is the first time since November 2008 that the target has been breached in the Euro area, according to statistics compiled by the European Union’s Eurostat office.Yet analysts believe that the higher than expected rise was due to global increases in energy and food prices. “Core inflation, excluding food, energy, alcohol, and tobacco probably stayed at around one per cent, confirming that underlying price pressures in the Eurozone have remained subdued,” said ING’s Martin van Vliet.“Today’s above target reading will probably raise some eyebrows at the ECB,” van Vliet added, “but it should not be cause for alarm — the chances of a rate hike from the ECB before the end of this year still appear modest.”However, some economists expect the ECB to be forced to raise rates.“We predict Eurozone inflation of two per cent this year – so it will no longer look appropriate for the ECB to keeprates at historical lows,” said Thomas Mayer of Deutsche Bank.“We think that the ECB will have to move interest rates upwards in the second half of the year,” he said. whatsapplast_img read more

Number of insolvencies drops from record levels

first_img Show Comments ▼ Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily 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 KCS-content whatsapp whatsapp Monday 10 January 2011 7:40 pm Number of insolvencies drops from record levels Share CORPORATE insolvencies plummeted by over 17 per cent last year, it was revealed yesterday.The figures show that industry recovered from record high levels of insolvency in 2009.Around 21,000 businesses declared corporate insolvency last year, down from 25,432 in 2009, according to consultants RSM Tenon.“We have seen a record decrease in corporate insolvency levels,” said RSM Tenon head of recovery Carl Jackson. However, the number was “still approximately 33 per cent higher than pre-credit crunch levels of 2007,” he said.One quarter of all corporate insolvencies last year were in the business services sector, which includes IT, advertising, security and design companies. RSM Tenon fears that more businesses could collapse this year, however, due to factors such as the VAT rise and cutbacks in the HMRC Time to Pay scheme. Tags: NULLlast_img read more

KPMG to pay undergraduates

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definitionthedelite.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 Show Comments ▼ whatsapp KCS-content whatsapp KPMG to pay undergraduates center_img Tags: NULL Read This Next’Pose’ Creator Steven Canals on Life After His Groundbreaking Show: ‘I’mThe Wrap’The Boys’ Star Aya Cash Took Inspiration From YouTube, TikTok and SteveThe WrapHow HGTV’s ‘Renovation Island’ Changed Bryan and Sarah Baeumler’sThe Wrap’Bridgerton’ Stars Phoebe Dynevor and Nicola Coughlan on Daphne andThe WrapBest Wine Gifts & Wine Accessories at Every PriceGayot’Hitman’s Bodyguard’s Wife’ Earns $17 Million 5-Day Opening as Box OfficeThe WrapFox News’ Mark Levin Says Capitol Riot Suspects ‘Would Be Treated Better’The WrapEverything We Know, or Think We Know, About the Time-Keepers on ‘Loki’The Wrap’The Crown’: What Went Into Finding Princess Diana and Margaret ThatcherThe Wrap School-leavers could be paid upwards of £20,000 a year while they study at university, in a landmark scheme launched by KPMG yesterday. The programme is the latest attempt by Britain’s leading accountancy firm to capitalise on anxiety over rising university fees. High-achieving school graduates who commit to a six-year training contract will be put through an accountancy degree at the University of Durham Business School and receive a professional practising qualification from the Institute of Chartered Accountants in England and Wales. Thursday 13 January 2011 8:52 pm Sharelast_img read more