Month: September 2021

  • Maersk lifts forecast after posting profit

    first_imgWednesday 18 August 2010 8:10 pm Maersk lifts forecast after posting profit MOLLER-MAERSK, the shipping and oil conglomerate, raised its outlook for the year yesterday after swinging back into half-year profit, on the back of increased volumes and a sharp rise in the price of crude oil. The Danish group said it now stands to make in excess of $4bn (£2.6bn) after tax in 2010, following a pre-tax profit of $4.8bn in the six months to July.An eight per cent surge in Asian exports to Europe, as well as a pick-up in transatlantic routes, further boosted profits for the bellwether transportation group, which posted a pre-tax loss of $1.31bn last year. And air freight revenues rose 46 per cent from what the firm said were low levels, in a sign international trade is picking up pace. However, chief executive Nils Smedegaard Andersen sounded a note of caution over the strength of the recovery. “The market has normalised in terms of both demand and capacity, but the question remains if we’ll see consumption pick up in Europe and the US to drive the market. That hasn’t changed for the past three quarters,” he said yesterday. Maersk said its drilling business still faces “considerable uncertainty”, but posted a pre-tax profit of $3bn on oil operations thanks to a 48 per cent rise in the price of Brent crude. The company also hopes to make $796m from its sale of its UK branches of Netto to Asda, expected to close later this year. whatsapp 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 ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof KCS-content center_img Show Comments ▼ Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndoBetterBe20 Stunning Female AthletesBetterBeUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldUndoTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading BlvdUndo Tags: NULL Share whatsapplast_img read more

  • WHAT THE OTHER PAPERS SAY THIS MORNING

    first_imgWednesday 6 October 2010 8:58 pm KCS-content Share whatsapp whatsapp FINANCIAL TIMESBUSINESS PLEADS FOR A STRATEGYBusiness leaders urged David Cameron to turn his pro-enterprise rhetoric into a detailed strategy that would deliver better infrastructure and remove obstacles to growth. David Frost, director-general of the British Chambers of Commerce said corporate Britain was strongly behind the government’s effort to shrink the budget deficit but nervous about the impact that cuts could have. BUY-OUT GROUPS EYE BT’S TECH MAHINDRA STAKEPrivate equity groups are in talks with BT about buying the UK telecoms group’s 31 per cent stake in Tech Mahindra, one of India’s largest software services providers, in a deal worth up to $800m (£506m). Apax Partners, Providence Equity and Goldman Sachs Private Equity are among the buy-out groups in talks with BT about buying the stake in Tech Mahindra. HEDGE FUNDS REPORT BIGGEST GAINS OF YEARRising markets through September and a revived appetite for risk have propelled some of the world’s most prominent hedge funds to post their biggest monthly gains this year. Big-name hedge fund managers such as Renaissance Technologies, Paulson & Co and Lansdowne Partners have all reported large gains to investors in the past few days.SKYPE AND TWITTER NAME NEW CHIEF EXECUTIVESTwitter and Skype, two of the fastest-growing private internet companies, have appointed new chief executives. Skype has hired Tony Bates, formerly a rising star at Cisco Systems, as its new chief executive. Meanwhile, Dick Costolo who joined Twitter last year as chief operating officer was named chief executive on Monday.THE TIMESSFO SWOOPS IN BANKNOTE BRIBERY INQUIRYThe British offices of a banknote manufacturer half-owned by Australia’s central bank were raided by police yesterday as part of an international investigation into suspected bribery. Over 100 police from the Serious Fraud Office carried out searches at nine properties connected to Securency International, a joint venture between the Reserve Bank of Australia and Innovia Films, a British chemicals manufacturer.SABMILLER LOOKS TO ROLL OUT £6BN BARREL IN AFRICASABMiller is in talks to swallow one of Africa’s biggest brewers in a deal worth more than £6 billion.The Times understands that the owner of Grolsch and Peroni Nastro Azzurro is running the rule over the African beer operations of Groupe Castel.The Daily TelegraphIOD URGES BANK OF ENGLAND TO INJECT EXTRA £50BN INTO UK ECOThe “time has now come” for the Bank of England to pump more money into the UK economy, according to the Institute of Directors. The organisation wants a further £50bn in quantitative easing (QE), on top of the £200bn already injected into the economy to boost the money supply. Despite better than expected services sector data yesterday, industry surveys have been pointing to a slowdown in the UK recovery.SAINSBURY’S SALES RISE DESPITE ‘DIFFICULT CONDITIONS’Sainsbury’s sales rose 2.9pc in the second quarter, helped by online sales and demand for premium and non-food products, the group said in a trading update Sales rose slightly in the second quarter, but it warned that the outlook remained challenging.WALL STREET JOURNALCURRENCY CONCERNS PUSH GOLD HIGHERGold hit yet another record on its spurt higher on broad concerns that aggressive monetary easing is destabilizing currency markets. The most actively traded gold contract for December delivery finished $7.40 higher at $1,347.70 an ounce on the Comex division of the New York Mercantile Exchange. Gold hit a high of $1,351 during the day.GERMAN MANUFACTURING ORDERS JUMPGerman manufacturing orders rose in August, sharply exceeding expectations, due to strong demand from euro-zone countries, the Economics Ministry said Wednesday. The rise marks a rebound from the previous month’s decline and signals rising industrial production for the coming months. More From Our Partners A 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.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com Show Comments ▼ WHAT THE OTHER PAPERS SAY THIS MORNING Tags: NULLlast_img read more

  • BEST OF THE BROKERS

    first_img whatsapp Share KCS-content SMITHS GROUPCharles Stanley says strong free cash generation continues to support longer-term growth through increased R&D, targeted acquisitions and expansion in emerging markets. The broker thinks speculation about an eventual break-up of the group is likely to persist. Despite Smiths’ sluggish sales performance, operating margins improved to a 10-year high of 17.8 per cent. Charles Stanley says “hold”.TULLETTNumis points out that Tullett received a bid approach earlier this year. The broker says given the discount valuation and global market leading position we see the possibility that not only could a bid resurface, but it could well end up being contested. Terry Smith has repeatedly said he would sell the business if an offer that valued the business fairly was made. Numis says now is the time to buy the stock.BSKYBJeffries International expects Sky to continue to post strong financials going into the first quarter of 2011 as the focus turns from subscriber growth to cross-selling into the existing base. It says to expect near term share performance to be correlated to developments on the News Corp bid. The broker said a bid of 760p-a-share is what it will take to persuade investors to part with their stock. It says “buy”. Tags: NULL BEST OF THE BROKERS whatsapp Monday 18 October 2010 7:35 pm Show Comments ▼ Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wraplast_img read more

  • Dana chief quits after KNOC takeover

    first_img More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida 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.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.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.org Wednesday 20 October 2010 7:24 pm Dana chief quits after KNOC takeover whatsapp Show Comments ▼ Sharecenter_img Tags: NULL 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 PastUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoMoneyPailShe 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 TimesUndo whatsapp THE chief executive and founder of Dana Petroleum, Tom Cross, has resigned after the hostile takeover by the South Korean firm KNOC.Cross had opposed the takeover bid by South Korea’s state oil company but told City A.M. yesterday that the final deal was a “win win” for both parties.He walked away with an estimated £36m from the sale of Dana, which he set up in 1994 to specialise in North Sea oil projects.KNOC took control of the Aberdeen oil explorer for around £1.7bn last month and several other board members have already moved on.Cross will take over as executive chairman of the Parkmead Group – a an investment company specialising in the oil industry – from 9 November. He said: “I am leaving Dana in very good hands with KNOC. They are an excellent company and in the end paid the right price.“I have told them that I will be on hand to help out or give any advice after I have left – we have a very good relationship.” He likened Parkmead to Dana in the early days and said he was expecting great things. “We have some great contacts at Parkmead and I am looking forward to doing some deals. There is a particular expertise in the North Sea and Asia.”Cross, also chairman of BRINDEX, the Association of British Independent Oil Companies, takes over the reins at Parkmead after the retirement of non-executive director Clive Goodall. He added: “I am already a non executive director at Parkmead and I am looking forward to getting stuck into the day-to-day operation.”Parkmead, based in Aberdeen is an expert on exploration projects in the North Sea. KCS-content last_img read more

  • ANALYST VIEWS: HOW BLEAK IS IT FOR THE HIGH STREET AS SALES STUTTER?

    first_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times Thursday 21 October 2010 9:01 pm ANALYST VIEWS: HOW BLEAK IS IT FOR THE HIGH STREET AS SALES STUTTER? KCS-content whatsapp center_img Share Tags: NULL Show Comments ▼ RAMONA TIPNIS | SHORE CAPITALThe data showing a decline for September 2010 highlights that consumers are indeed beginning to reconsider their spending patterns. It is worth noting that excluding auto fuel, the number is flat. Within the general retail numbers as well there are variations, with clothing showing a decline for the second month in a row.RICHARD HUNTER | HARGREAVES LANSDOWNFor the glass half-full contingent, the figures are an improvement yearon year from last September, showing evidence of some general progress.However, the figures from this year are anaemic and reflect growingconsumer anxiety.MATTHEW MCEACHRAN | SINGER CAPITAL MARKETSPrices rises are being implemented by most retailers especially in the Clothing sector this is exacerbating the underlying pressure on volumes but clearly looking at volumes is only half the picture. Read This NextThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wraplast_img read more

  • US banks face calls to pay into mortgage fund

    first_img Share US banks face calls to pay into mortgage fund More From Our Partners Florida 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.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.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.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comConnecticut man dies after crashing Harley into live bearnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comWhy people are finding dryer sheets in their mailboxesnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com whatsapp US BANKS and a task force of the nation’s 50 state attorneys general are nearing a settlement of an investigation into the lending industry’s foreclosure practices.A settlement would call for Bank of America Corp, JPMorgan Chase & Co and others to contribute money to a fund to assist borrowers who lost their homes to foreclosure and which would be administered by the regulators. It would also involve a promise by banks to do away with “dual-track” modifications and foreclosures, a much-criticised practice in which they begin foreclosure proceedings before exhausting attempts to modify home loans, according to CNBC.The task force is being led by Tom Miller, the attorney general of Iowa. A settlement might not be reached for at least one month, CNBC said. whatsappcenter_img Tuesday 16 November 2010 8:18 pm Show Comments ▼ Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was Famous, Now She Works In {State}MoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoOne-N-Done | 7-Minute WorkoutAdvertisement 7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndo KCS-content Tags: NULLlast_img read more

  • Rio Tinto sells stake in US miner Cloud

    first_img Rio Tinto sells stake in US miner Cloud KCS-content Thursday 16 December 2010 8:04 pm whatsapp whatsapp RIO Tinto sold the majority of its stake in US coal miner Cloud Peak Energy yesterday for $499m (£320m).After divesting 25.6m shares at $19.50 per share, London-listed Rio will be left with a 6.2 per cent stake in Cloud. However, this remaining stake may also be sold through an over-allotment option if demand for the shares is high. This would generate a further $74.1m. The transaction is expected to close on 21 December.Rio kept a 48 per cent stake when it spun off Cloud in November 2009 as part of its initial public offering (IPO). “The pricing of the secondary offering demonstrates another successful outcome of our overall divestment strategy,” said Guy Elliott, chief financial officer at Rio.“With the proceeds from the Cloud Peak Energy transactions and the sale of Jacobs Ranch, the total gross proceeds for the divestment of the majority of Rio Tinto Energy America will be at least $2bn,” he added.Credit Suisse, JP Morgan and Morgan Stanley are acting as joint book-running managers on the offering.Rio, the world’s third-largest mining group by market capitalisation, has been selling its assets since February 2008 in an attempt to pay down debt after commodity markets collapsed in 2008 following its purchase of Canadian aluminium group Alcan.Total proceeds from the divestment of its US coal unit, Energy America, comprising Cloud Peak and the separate sale of Jacob’s Ranch, would total at least $2bn, Rio said. Rio’s shares closed 0.6 per cent lower yesterday at 4,405.5p. center_img More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.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.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com Show Comments ▼ Share 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 ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com Tags: NULLlast_img read more

  • Groupon closes $950m funding

    first_imgMonday 10 January 2011 8:52 pm whatsapp ONLINE advertising firm Groupon said yesterday it has completed its $950m (£610m) round of financing.Chicago-based Groupon, which turned down a $6bn takeover offer from Google in November, said in a regulatory filing the bulk of the funds would be used to buy back shares from investors and to expand outside of the US. The financing came from venture capital firms and late-stage investors including Maverick Capital, Silicon Valley stalwart Andreessen Horowitz, Silver Lake and Russian internet giant Mail.ru Group, Groupon said. whatsapp More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSidney Crosby, Alex Ovechkin are graying and frayingnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.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.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Groupon closes $950m funding center_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe 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 AthletesBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definition KCS-content Show Comments ▼ Share Tags: NULLlast_img read more

  • Egypt President finally agrees to stand down

    first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe 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 ItLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldDrivepedia20 Of The Most Underrated Vintage CarsDrivepedia More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comA 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.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com KCS-content whatsapp Tags: NULL Egypt President finally agrees to stand down center_img Show Comments ▼ whatsapp EGYPTIAN President Hosni Mubarak finally bowed to massive collective pressure yesterday, saying he would step down at the September election, once a successor is elected.His move followed eight consecutive days of protests, culminating with more than a million citizens taking to the streets yesterday calling for the former general to step aside.In Cairo’s Tahrir, or Liberation, Square, there was cheering after the 82-year-old leader’s pugnacious broadcast on state television but also questioning about whether a transition of many months will be something the opposition will agree to.Looking calm in suit and tie, Mubarak said: “I say in all honesty and regardless of the current situation, that I did not intend to nominate myself for a new presidential term. I’ve spent enough years of my life in the service of Egypt and its people.“I am now absolutely determined to finish my work for the nation in a way that ensures handing over its safekeeping and banner … preserving its legitimacy and respecting the constitution … I will work in the remaining months of my term to take the steps to ensure peaceful transfer of power.”The crisis yesterday continued to have an impact on global markets, with commentators warning of upward pressure on agricultural commodity prices as governments in the Middle East limit exports and increase imports to add to precautionary stockpiles. Rising food prices have been one of the catalysts for protests in both Tunisia and Egypt, and the added pressure is likely to compound fears of contagion across the region. But the hike in oil prices slowed yesterday, with brent crude futures climbing just nine cents or 0.1 per cent, compared to a jump of $1.59 the previous day. Concerns over supply disruptions from the Suez Canal eased as it remained open to shipping, despite the closure of several ports in nearby Egypt. Away from commodities, the unrest has also disrupted Egypt’s plans to raise $683m (£423m) of debt this week, as auctions scheduled for Monday were delayed indefinitely until order is resumed. International businesses are also scaling back operations.retreating, with US companies Nestle and Coca-Cola, business solutions provider Cisco Systems and German car group Volkswagen all scaling back their operations in the country. Yields on the most recent government bills, sold on 27 January, jumped 40 basis points to a high of 10.6 per cent, and Moody’s added to concern by downgrading the country’s debt to the second highest junk rating of Ba2.UK Prime Minister David Cameron said yesterday he hadspoken to his new Egyptian counterpart Ahmed Shafiq, who was installed by Mubarak last week in response to the riots. Number 10 said that during the call Cameron urged the Egyptian government to listen to the aspirations of its people, and that “bold steps were needed to to produce real, visible and comprehensive change, with a clear path to free and fair elections”. Tuesday 1 February 2011 9:04 pm Sharelast_img read more

  • High street brands popular for legal advice

    first_img whatsapp High street brands popular for legal advice Show Comments ▼ whatsapp More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.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.comMark Eaton, former NBA All-Star, dead at 64nypost.comA 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.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comConnecticut man dies after crashing Harley into live bearnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com Share WITH the implementation of the “Tesco law” looming, a new report from YouGov into the legal services sector provides positive news for big brands looking to diversify into this sector. It reveals that consumer willingness to seek legal advice from retailers or high street brands is high; 60 per cent of consumers would consider using consumer brands if they were to provide legal services as Alternative Business Structures (ABSs).The report sounds a cautionary note for legal services brands in a new era where brand is likely to carry a greater weight than in the past and the likes of Irwin Mitchell, only known by one in 10 as a legal brand, will have to compete with ABSs already established in banking or retail. These ABSs have the ability to channel loyalty data and current user recognition from their respective markets to consolidate their positions in the legal services sector.In this vein, YouGov’s report ranks existing banking/retailer brands in the context of their consumer appeal vis-à-vis the provision of legal services. For instance, 16 per cent would consider turning to Tesco for the purpose of receiving legal services; one in five consumers would choose banking giant Barclays; while the AA also rates highly with a score of 18 per cent. Interestingly, within sectors, the biggest correlation between interest in legal services and BrandIndex measures is with attention, so it is not necessarily what people think about a brand that is important in this context but the fact that they have knowledge of the brand. The chart shows Brandindex attention in the same order as legal services interest for Tesco (16 per cent interest), Sainsburys (10 per cent interest) and Waitrose (six per cent interest) and an identical pattern is seen in the banking sector.Stephan Shakespeare is chief executive of YouGov. Tuesday 15 March 2011 8:27 pm Tags: NULL KCS-content last_img read more