kpeldsnz

Transocean payout on hold after oil spill

first_img whatsapp Sunday 15 August 2010 10:45 pm KCS-content Share TRANSOCEAN, the company that leased the rig at the centre of the oil disaster in the Gulf of Mexico, has been blocked from paying shareholders a $1bn (£640.7m) dividend. A Swiss regulatory body has rejected plans by Transocean, which leased the Deepwater Horizon rig from BP, to pay shareholders a dividend of 82 cents per share because of its outstanding legal exposure to the spill. Transocean had planned to pay shareholders in four instalments, but the Commercial Register of the Canton of Zug, a region in northern Switzerland where Transocean is headquartered, has put a halt to this while lawsuits against the company are pending.  On Friday, the US state of Alabama joined the list of those pursuing Transocean and others involved in the rig for damages. “The defendants were negligent and wanton in their attempts to clean up oil that gushed into and onto Alabama’s waters and shores,” the suit alleges.Transocean’s dividend plan has drawn sharp criticism in the US. Eleven people were killed in an explosion on the Deepwater rig, which later sank, setting off an oil spill that caused economic and environmental damage along the Gulf coast estimated in the billions of dollars.Several senators have asked Transocean to postpone making a payout until the company’s liabilities have been evaluated. Transocean says the payment to shareholders will not affect its legal obligations.Under pressure from the Obama administration, BP, which has taken responsibility for the cleanup of the oil spill, cancelled its dividend payouts and has agreed to set aside $20bn to help pay for claims.Transocean says it will appeal the Commercial Register’s decision. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoBetterBe20 Stunning Female AthletesBetterBeUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndoHero WarsBig Boss of internet games!Hero WarsUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoMoneyWise.com15 States Where Americans Don’t Want To Live AnymoreMoneyWise.comUndo whatsappcenter_img Transocean payout on hold after oil spill 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 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 ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot Tags: NULL Show Comments ▼last_img read more

nnncyuvt

Waitrose to take Tesco head on in price contest

first_img WAITROSE is to take Tesco head on after the supermarket giant revealed that it will price match its rival on over 1,000 branded products. Starting today, Waitrose will use Tesco as a benchmark when pricing its top-selling everyday branded products, such as Persil, Ribena and Heinz Baked Beans.Managing director Mark Price said this is likely to mean the supermarket will take a £26m hit on its margins to keep its prices as low as Tesco’s.Price said the move was not to start a war with Tesco but that it was using the supermarket as a comparator because it is the largest. Waitrose said the move builds on the success of its own in-house brands, which already make up 17 per cent of its sales. Waitrose will monitor the price-matched items twice a week. Share KCS-content Waitrose to take Tesco head on in price contest Tags: NULL 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 Killer drone ‘hunted down a human target’ without being told tonypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.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.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgcenter_img Sunday 26 September 2010 10:15 pm Show Comments ▼ whatsapp whatsapplast_img read more

sclfihqj

US lifts its ban on Gulf drilling early but toughens up regulation

first_img Share whatsapp Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times whatsapp THE AMERICAN government lifted its ban on deepwater drilling yesterday, weeks ahead of its 30 November deadline. The Obama administration said drilling can resume once companies comply with new drilling rules and show they have adequate blow-out containment resources. The ban was put in place after the Deepwater Horizon disaster in April, which killed 11 workers and resulted in America’s biggest ever oil spill. There is still uncertainty about exactly when drilling will resume, as wells need to pass independent inspections as part of the new rules. “There is a difference between lifting the moratorium and securing the drilling permits needed to return to work,” said oil company Shell, which operates the Perdido well in the Gulf of Mexico. “It’s imperative to ensure agencies have the capacity to process the back log of drilling permits in a timely manner and consistent with the new safety rules.”KBC Advanced Technologies consultant Mark Routt said: “That uncertainty itself can lead to rigs moving away or companies pursuing opportunities elsewhere. We continue to have a cloud over what’s going to happen here.” US lifts its ban on Gulf drilling early but toughens up regulation center_img Tuesday 12 October 2010 9:10 pm KCS-content More From Our Partners A 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.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller 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.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org Tags: NULLlast_img read more

qjinicms

Put your money where your mouth is

first_img Tags: NULL Put your money where your mouth is FEW can deny the rationale behind Sanofi-Aventis’ bid for US-based Genzyme. The French pharma giant is losing patents on its blockbuster drugs more quickly than it can replace them, and it has to act fast. That’s why Genzyme is such an attractive proposition. It specialises in niche high-margin treatments for rare genetic diseases, which are less vulnerable to competition from generic insurgents. Meanwhile, Genzyme, bedevilled by production problems and a tetchy relationship with regulators, could benefit from Sanofi’s scale. In a sense, the two are a perfect match. Although the two firms can see the strategic benefit, they disagree on price. Genzyme thinks Sanofi’s $18.5bn (£12bn) offer is derisory, because it doesn’t take into account future sales of experimental drugs like multiple sclerosis treatment Campath. Genzyme says Campath could bring in $3.5bn-a-year at the height of its powers; Sanofi, along with plenty of others in the industry, disagrees, largely because a promising competitor has emerged in the form of Novartis’ Gilenya. Now Genzyme is offering to put its money where its mouth is, to a fashion. It is suggesting the deal is designed differently, using a structure known as contingent value right. If Sanofi agrees, it would stump up a certain amount to acquire Genzyme at first, but then pay more to its shareholders if Campath hits a series of targets. That would remove the dispute over Campath, leaving the pair to argue over price. 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 PastUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndoHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical GeniusUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndo More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBill 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.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comPuffer fish snaps a selfie with lucky divernypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com whatsappcenter_img whatsapp Monday 22 November 2010 7:21 pm Show Comments ▼ KCS-content last_img read more

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Tesco in Asia lift as UK also bounces back

first_img whatsapp Tesco in Asia lift as UK also bounces back whatsapp Tuesday 7 December 2010 8:38 pm Share TESCO yesterday reported an 8.8 per sales cent rise in the third quarter helped by a strong performance from international stores.The supermarket chain said it was performing in line with expectations while its market share was being boosted by the opening of more store space.Total international sales jumped by 15.7 per cent while sales in Asia surged by 23.4 per cent in the 13 weeks to 27 November. In Europe there were improved sales in Hungary and Turkey, the retailer said. Sales at UK stores open over a year rose just 1.5 per cent, but that was up on the previous two quarters.Analysts gave broad approval to the results which come as the retailer pushes to raise sales over Christmas.Tesco’s Finest ranges have been one of the retailer’s successes, with double digit rises over the past two years, according to previous figures.Sir Terry Leahy, the Tesco chief executive who stands down next March, said: “We’ve made good progress in the third quarter with growth from across the group. “Our continued investment in the shopping trip and our new space opening programme across our markets are giving us good sales momentum and market share gains.” Like-for-like sales growth at Fresh & Easy, its loss-making US arm, continued in line with recent trends at 9.8 per cent during the quarter, which ended in late November. center_img Show Comments ▼ 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 TimesBetterBe20 Stunning Female AthletesBetterBeHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical GeniusMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald KCS-content Tags: NULL More From Our Partners I blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller 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.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orglast_img read more

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Novartis completes Alcon merger with cash sweetener

first_img Share Show Comments ▼ whatsapp SWISS pharma company Novartis AG has closed its long-awaited merger with eyecare specialist Alcon Inc for $12.9bn (£8.14bn), after adding cash to its original offer.Novartis is hoping the Alcon deal, worth about $52bn in total, will help it diversify and protect it against patent loss on big selling medicines such as blood pressure drug Diovan.Novartis has been trying to clinch 100 per cent ownership in Alcon since the start of the year, but its original all-paper offer of 2.8 Novartis shares for each Alcon share met stiff resistance.Alcon’s independent director committee had repeatedly dismissed the offer as “grossly inadequate”.The deal will see Novartis will pay $168 per share for the Alcon shares it does not currently own, meaning that if 2.8 Novartis shares do not reach a value of $168, it will top up the sum with cash until it reaches that threshold.“The announcement … removes uncertainty around this transaction which has weighed heavily on the Novartis share price in recent months. This together with the re-activation of the share buyback programme should support the Novartis share price,” Helvea analyst Karl-Heinz Koch said.Novartis’s move completes the final stage of a lengthy process to get full control of the eyecare group, known for its contact lens solutions, and the dominant player in the multibillion-dollar market of intraocular lenses.Alcon is also No. 1 in cataracts – an area that is set to benefit from ageing populations.Novartis also said it was restarting a 10 billion Swiss franc share buyback programme, suspended in April 2008, to minimise dilution to Novartis shareholders. Novartis completes Alcon merger with cash sweetener alison.lock whatsapp Wednesday 15 December 2010 10:46 am More From Our Partners A 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.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.com Tags: NULLlast_img read more

esyrhzek

Hermes makes gain in LVMH bid defence

first_img KCS-content Hermes makes gain in LVMH bid defence HERMES family shareholders won clearance yesterday to pool their stakes without having to buy out other investors, boosting the French luxury group’s defence against rival LVMH.A majority of Hermes family shareholders decided last month to create a holding company to group more than 50 per cent of the company’s equity as a defence against LMVH, which recently lifted its stake to 20 per cent.The holding, approved by French market watchdog AMF, is meant to discourage LVMH from attempting to acquire control of the maker of Birkin and Kelly handbags.But the holding’s creation needed the AMF’s exemption from having to make a tender offer for other minority shareholdings, which would have been costly.“It was already a fortress, this decision means that the walls have been heightened,” said a source.Hermes shares closed down 1.9 per cent at €155.05 (£96.7), valuing the group at €16.33bn.But not all the around 70 family shareholders, descendents of the Puech, Dumas and Guerrand families who in total control around 73 per cent of Hermes’s share capital, are part of the holding.The AMF said it would publish an explanation of its decision soon.Hermes family shareholders said in a statement: “This decision clears the way for our project to reclassify (our shares) which underscores the family’s unanimous will to preserve Hermes’s culture.”The minority shareholders’ association ADAM said it would very likely appeal against the decision.LVMH declined to comment. 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 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.comZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Herald Thursday 6 January 2011 7:46 pm Sharecenter_img Show Comments ▼ More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.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.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comConnecticut man dies after crashing Harley into live bearnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com whatsapp Tags: NULLlast_img read more

kpeldsnz

PZ Cussons in share drop as costs surge

first_img KCS-content Share Tuesday 25 January 2011 9:12 pm Show Comments ▼ PZ Cussons in share drop as costs surge by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorySerendipity 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’DefinitionLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmcenter_img whatsapp PZ CUSSONS yesterday saw its shares plummet by more than nine per cent as it warned that the year ahead would be tough due to rising costs.The maker of Imperial Leather reported a 3.4 per cent rise in first half pre-tax profit which disappointed some analysts. However, a poor performance in Europe has been partially offset by relatively healthy Asian markets, in the six months to 30 November. In the UK the company was hit by tough comparative figures after its Carex anti-bacterial gel sales were boosted by a swine flu outbreak.“Against such a backdrop, we do harbour concerns that our 2010/11 EBIT (earnings before interest and tax) forecast of £115.7m – which requires 23 per cent growth through the (second) half, may prove too much of a challenge to deliver,” said Shore Capital analyst Darren Shirley. Shore cut its full-year pretax profit forecast to £111m from £116.3m and said it was considering reviewing its ‘buy’ rating on the company’s shares.PZ Cussons chairman Richard Harvey said that tough trading conditions and rising raw material prices – particularly of palm oil which it uses in many of its products – meant the company remained cautious going forward. The FTSE 250 listed company, which also owns Original Source, Charles Worthington and The Sanctuary spa range, saw a five per cent fall in European operating profits to £23.7m. But Asian operating profits jumped to £8.6m from £6.1m in the same period the year before.And total group sales were up 1.3 per cent to £374.8m, delivering pre-tax profits that were flat at £44.5m. 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 Tags: NULL whatsapplast_img read more

tiolrugg

BA severs ties with UBS

first_imgSunday 13 February 2011 10:46 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 ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily 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 ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut Share KCS-content BA severs ties with UBS BRITISH Airways has severed ties with UBS, the corporate broker the airline has used for 24 years.The carrier has chosen Deutsche Bank and Barclays Capital, following its merger with Spanish airline Iberia.The newly formed International Consolidated Airlines Group (IAG), which listed in London and Madrid last month, decided to end its relationship with UBS following a review of its brokers.The loss of the prestigious contract will be a hit to UBS, after having been British Airways’ broker since its privatisation in 1987. An IAG spokesperson said: “The new company decided to review our brokers and the result of that review, and the pitch, was that Barclays and Deutsche Bank won the business.” center_img whatsapp Show Comments ▼ Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndo whatsapp Tags: NULLlast_img read more

ugaibkee

China trade surplus drops

first_imgMonday 14 February 2011 3:39 am whatsapp whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal 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 AthletesBetterBeZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com China trade surplus drops Sharecenter_img China’s trade surplus fell to its lowest in nine months in January after imports surged, supporting the government’s case ahead of a G20 meeting that it is doing enough to spur domestic demand without speeding up currency appreciation.The trade surplus shrank to $6.5bn (£4.05bn) from $13.1bn in December, well short of forecasts for a $10.7bn gap.Global stocks and commodity prices climbed higher, with the surprisingly strong imports highlighting China’s massive appetite for raw materials and its solid export growth hinting at solidifying recoveries in the U.S. and European economies.In the past, a weaker surplus would have caused concern for the Chinese government, but it has been trying to shift the economy towards greater reliance on consumption and less on exports, in part to address critics who say that its success has come at the expense of other countries.It was the third consecutive month of a declining trade surplus, and though not enough to mark a definitive change, that streak provides an important symbolic lift to China before a G20 meeting this week of finance ministers from the world’s biggest developed and developing economies.China’s imports rose 51 per cent in January from a year earlier, blowing past market forecasts for a 28 per cent rise. Exports rose 37.7 per cent in January, topping expectations for a 22.4 per cent rise, the customs administration said. John Dunne Show Comments ▼ Read This Next’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap4 ideal Zion Williamson trade scenarios from the New Orleans PelicansSportsnautRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapRick Leventhal to Exit Fox News Just as His Wife Kelly Leaves ‘RealThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap’In the Heights’ Underwhelms at Box Office With $11.4 Million DebutThe WrapJason Whitlock, Former ESPN and Fox Sports Reporter, Resurfaces at BlazeThe WrapFox News’ Mark Levin Says Capitol Riot Suspects ‘Would Be Treated Better’The Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap Tags: NULLlast_img read more