Author: admin

Rio Tinto boss hopes to forge stronger ties with state-owned firms in China

first_imgThursday 19 August 2010 8:31 pm Show Comments ▼ KCS-content 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 GLOBAL miner Rio Tinto hopes to see further cooperation with China’s state-owned firms after its tie-up with Chinese aluminium giant Chalco, Rio Tinto’s boss yesterday.Tom Albanese, chief executive, also said the company was willing to help China seek mineral resources at home and abroad.“The partnership with Chalco opens the potential for further cooperation with China’s state-owned enterprises,” Albanese said in a speech at a mining industry event in Shanghai.Albanese has moved to repair ties with key market China by forging wider business relationships and appointing new executives to the country after a trial earlier this year convicted four Rio Tinto employees of taking bribes and stealing commercial secrets, handing out sentences ranging between seven and 14 years in prison.Last month, Rio Tinto signed an agreement with Chalco on a deal to invest $1.35bn in the Simandou iron ore project in Guinea. China is the largest world’s largest consumer of aluminium. whatsapp Share whatsapp Rio Tinto boss hopes to forge stronger ties with state-owned firms in China Tags: NULLlast_img read more

Lloyds equity arm snaps up Mountain Warehouse

first_img whatsapp Lloyds equity arm snaps up Mountain Warehouse Share KCS-content Wednesday 1 September 2010 8:41 pm Show Comments ▼ center_img Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeRaid Shadow LegendsDon’t play this game if you are under 40 years oldRaid Shadow LegendsOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save ThousandsThe No Cost Solar ProgramAll Things Auto | Search AdsNew Cadillac’s Finally On SaleAll Things Auto | Search AdsHero Wars This game will keep you up all night! Hero Wars Total PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionLiver Health1 Bite Of This Melts Belly And Arm Fat (Take Before Bed)Liver Health LLOYDS Banking Group’s private equity arm has bought a 20 to 25 per cent stake in outdoor retailer Mountain Warehouse in a deal valuing the firm at £50m. Lloyds Development Capital (LDC) announced the purchase from Icelandic investment vehicle Arev yesterday, but later pulled the statement from its website. However, the deal is believed to be going ahead.Mountain Warehouse, which has 100 branches across the UK, is majority-owned by the chain’s founder and managing director Mark Neale. Its profit rose 74 per cent to £6.2m last year, on the back of sales worth £45.5m. The retailer added 30 branches in 2009 and plans for similar growth this year. Arev bought into the company in 2007 when it backed a management buyout, but has been hit hard by the credit crunch. Arev and sister company Kcaj sold their stakes in retailer Ghost, dressmaker Hardy Amies and maternitywear chain Blooming Marvellous, after all three fell into administration. LDC has £2bn invested in up and coming projects, mostly in the UK. 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 ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof whatsapplast_img read more

Kingfisher beats profit forecast with cost-cutting

first_img whatsapp More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.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.orgKiller drone ‘hunted down a human target’ without being told tonypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com whatsapp Show Comments ▼ John Dunne Kingfisher beats profit forecast with cost-cutting center_img Kingfisher, Europe’s biggest home improvement retailer, beat first-half profit forecasts, helped by cost-cutting and business improvements that it said would help it to cope with a tough consumer outlook.The group, which runs market leader B&Q in Britain and the Castorama and Brico Depot chains in France, said it made a profit before tax and one-off items of £354m in the 26 weeks to 31 July.Analysts’ mean forecast was £342m in a company poll.“The immediate outlook for consumer spending is fragile, particularly in the UK where it is likely to remain challenging for some time,” said chief executive Ian Cheshire.“Our continued profit growth will come from our well-established self-help initiatives.”Britain’s retailers are battling to emerge from a long and deep recession and fear steps to rein in government borrowing, like higher taxes and public spending cuts, could hit demand in the months ahead.Kingfisher, which runs over 830 stores in eight countries, reported a 1.3 per cent fall in first-half underlying sales in July, hit by a particularly weak performance in Britain. Tags: NULL Thursday 16 September 2010 2:38 am 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 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.comlast_img read more

CURSE OF THE AWARD STRIKES DOWN ROK

first_img Share Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was Famous, Now She Works In {State}MoneyPailUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndoBridesBlush14 Of The Most Beautiful Women In HistoryBridesBlushUndoCrawl Space RepairFoundation Repair Cost In Scottsdale May Surprise YouCrawl Space RepairUndoGloriousaMother Set Up A Hidden Camera, Her Husband Was Caught In The Act…GloriousaUndoOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutUndoMike HistoryBruce Willis Is Nearing 70 & This Is The Car He Has TodayMike HistoryUndoStuff AnsweredSeniors Save on New MattressesStuff AnsweredUndo More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comMark Eaton, former NBA All-Star, dead at 64nypost.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com Monday 8 November 2010 9:28 pm Show Comments ▼center_img whatsapp KCS-content CURSE OF THE AWARD STRIKES DOWN ROK whatsapp HERE’S truly a shining example of that well-known Achilles heel among company directors – the curse of the award.Garvis Snook, the chief executive of building maintenance firm Rok, yesterday shocked investors by placing the firm suddenly into administration – but it wasn’t all that long ago that he was hopping up to collect gleaming gongs for his work at the company on almost a monthly basis.Three years ago, Snook won the chief executive of the year category at the Quoted Company Awards, after which the company proudly boasted on its website that “at the time [Snook] joined, the share price was 72p. The night he collected the award it was £9.18”. (Which baffles The Capitalist a little, since a quick look at the interactive graphs on that same company website shows that the highest point the stock price reached – in 2007 – only just touched £2.50. Either way, its last close was 18.5p.)Not long after, Snook was back on the podium at the 2008 Ernst & Young UK Entrepreneur of the Year awards, scooping the top spot in the real estate and property services category.“As a forward-thinking company we have adjusted our focus to reflect the changing market, which has created sustainable business for the 21st century,” he said. “The recent launch of our new business stream, Rok Plumbing Heating and Electrical, is indicative of this approach…”That’s the same plumbing and heating division, of course, which recently sparked a profit warning because of “serious failings in financial controls” – the only inkling investors had of anything going wrong at the firm.LIKE FATHER, LIKE SONQuote of the week, courtesy of Labour party leader Ed Miliband, who yesterday became a father for the second time.“He is absolutely gorgeous,” Red Ed gushed to reporters outside the hospital. “He looks a bit like me…”WINTER SUNHere’s a reason to be cheerful about the situation in the Middle East – apparently, things in Iraq have improved to such an extent that tourism there is booming.Never one to pass up such an opportunity, the insurance industry is hot on the heels of that little nugget. In pops an email from AAIB Insurance Brokers, touting its latest product – comprehensive travel insurance to Iraq from anywhere in the world, including the usual personal accident, emergency medical and lost baggage cover, as well as evacuation and repatriation expenses… and “essential war and terrorism provision”.Pack your bags, folks.CITY GOES POPPY MADNot long to go now until Remembrance Day, and an inspirational tale from Aon Insurance’s Ben Hancock, who’s responsible for getting City workers to dig deeper than ever before into their pockets for the cause.Hancock left the army five years ago to join the City and, since then, has brought along his “old muckers” from the Forces for one day a year to help sell poppies in the area. Last year set a record of £60,000 in a day – but last Thursday, you, dear readers, positively excelled yourselves. Hancock tells me he was “blown away” by the generosity shown, smashing his target to raise £212,000 in a single day.City A.M. proudly displays a poppy on its front page, and urges you to keep buying! last_img read more

King criticises Tory leaders

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter Centerthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com Tuesday 30 November 2010 9:00 pm whatsapp King criticises Tory leaders whatsapp Share Show Comments ▼center_img UK BANK governor Mervyn King criticised David Cameron and George Osborne for their lack of experience ahead of the election, according to leaked US embassy cables.King told US ambassador Louis Susman that the future Prime Minister and chancellor relied too heavily on a narrow circle of advisers and “had a tendency to think about issues only in terms of politics, and how they might affect Tory electorability.”King told Susman he had held private meetings with the two conservative politicians before the election to urge them to draw up a detailed plan to reduce the deficit. Following the meeting, King had expressed “great concern about the conservative leaders’ lack of experience,” according to Susman. The governor said that party leader David Cameron and shadow chancellor George Osborne had “not fully grasped the pressures they will face from different groups when attempting to cut spending”.The revelation follows recent criticism from senior bank officials over King’s “excessively political” support for the coalition government’s fiscal austerity programme. KCS-content More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Tags: NULLlast_img read more

Shoppers return to stores after snow

first_imgSaturday’s sales exceeded £20bn, one of their best ever days.Overall the chain’s sales were up by 1.2 per cent on the previous year, a lower rate of growth than observed in recent weeks. And across the high street, the holiday season growth in sales was modest, according to figures from accountants BDO.“The weather has put people off shopping, but it’s come so early consumers still have time to do their Christmas shopping,” says BDO head of retail Don Williams. “Usually most retail sales lost due to bad weather are made up,” added Howard Archer of IHS Global Insight. “Consumers tend to delay purchases rather than cancel them altogether.”However, with Christmas falling on a Saturday the next two weekends will be crucial, said Archer.There was conflicting news for online purchases. While non-store sales were up 27.6 per cent on the same time last year, this was well below the rate of increase seen in November (39.2 per cent). People were concerned about their orders being held up in the snow, said BDO.Yet John Lewis reported that online sales boomed during the freeze. Wednesday’s internet sales were up 98 per cent on the previous year, said Maggie Porteous, Head of Selling Operations.“We undoubtedly saw customers switching to online,” she said.Meanwhile, West End shops are to open for longer on Monday 27 December, after Sunday trading laws restricted opening times on Boxing Day. Some stores, such as Liberty, will stay open until 10pm. Shoppers return to stores after snow whatsapp SNOW may have kept people at home for much of last week, but consumers hit the stores as soon as milder weather returned, according to data released yesterday.John Lewis recorded falls in sales on Wednesday and Thursday, compared to the same days last year. However, a weekend surge saw the department store surpass £100bn in revenue for the week. Sunday 5 December 2010 11:23 pm Tags: NULLcenter_img Show Comments ▼ whatsapp KCS-content Share More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comlast_img read more

Cost of laws on derivatives to reach billions

first_img THE cost of regulatory changes favouring exchange-traded derivatives could cost billions in collateral, according to research firm TABB Group. The firm says the trend of ongoing changes to the law, which will prompt the transfer of many over-the-counter derivatives such as interest rate swaps onto centralised exchanges, could incur a massive cost for the financial derivatives market. TABB estimates that moving $42 trillion (£26.8 trillion) of simple interest rate swaps onto exchanges, for example, would cost $240bn in collateral. The drive to open up the derivatives market to scrutiny and regulation in the wake of the financial crisis “means in practice [that there] is a major push to centralised clearing, optimal use of collateral, and mechanisms to promote greater pre- and post-trade transparency,” says the reports authors. Despite the cost of moving derivatives onto more traditional trading platforms, however, the research concludes that the move would be “mostly for the better”.The report also says that over-the-counter and exchange-traded derivatives markets together have an annual turnover of $3.7 quadrillion. whatsapp More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.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.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comWhy people are finding dryer sheets in their mailboxesnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.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.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com KCS-content whatsapp Sharecenter_img Cost of laws on derivatives to reach billions Monday 6 December 2010 9:13 pm 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 The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGem Tags: NULLlast_img read more

US inflation in higher-than-expected rise

first_img alison.lock whatsapp Thursday 17 February 2011 11:07 am US core consumer prices rose at the fastest pace in more than a year in January, indicating a long period of slowing inflation had run its course.The US Labor Department said its core Consumer Price Index, which excludes food and energy costs, increased 0.2 per cent – the largest gain since October 2009. The index rose 0.1 per cent in December.The increase, which was above economists’ expectations for a 0.1 per cent gain, was driven by rises in the cost of clothing, shelter and airline fares.Overall CPI rose 0.4 per cent month-on-month – a 1.6 per cent annualised rate – after increasing by the same margin in December. Economists had expected headline CPI to rise 0.3 per cent last month.Food and energy accounted for over two-thirds of the rise in overall CPI, with petrol prices up by 3.5 per cent on December’s level and food prices 0.5 per cent higher. Clothing prices were up one per cent while the price of airline tickets rose 2.2 per cent.Paul Dales at Capital Economics said the increase was due to surging commodity prices.“The annual headline inflation rate… will climb to around 2.5 per cent by mid-year, as the 85 per cent surge in agricultural commodity prices since mid-2010 really starts to feed through,” he said.But he cautioned that the core rate rise was still not a huge concern. “We suspect the increase in clothing prices last month at least partly reflects smaller than normal discounts in the January sales,” he said. “But the annual rate of core inflation edged up to one per cent last month, from 0.9 per cent, and we expect it to remain at around that level for most of this year.”Other economists agreed the inflation rise was unlikely to be fast enough to trouble policymakers at the Federal Reserve, who are still pumping money into the economy.“It is in line with our view that the disinflation process bottomed in the fourth quarter. We do not see pricing power being passed along yet,” said Michael Gapen, a senior US economist at Barclays Capital in New York. US inflation in higher-than-expected rise More From Our Partners Kansas coach fired for using N-word toward Black playerthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com Share whatsapp Show Comments ▼ Tags: NULLlast_img read more

Air France may be considering a bid for Virgin Atlantic

first_img More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.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.comKiller drone ‘hunted down a human target’ without being told tonypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com Tags: NULL KCS-content Air France may be considering a bid for Virgin Atlantic AIR FRANCE-KLM, Europe’s largest airline by revenue, and Atlanta-based Delta Air Lines are working together to examine a bid for Virgin Atlantic, said various sources yesterday.The consortium is trying to tempt Virgin into joining the Skyteam alliance, with Goldman Sachs rumoured to have been tapped as an adviser.Virgin Atlantic responded to the speculation with a statement that said: “Virgin Atlantic is a strong, independent business with a good growth position at both London Heathrow and Gatwick so we are not surprised that there is interest in us.”The company added that it could not comment any further at this stage.Virgin founder Richard Branson holds a 51 per cent stake in the airline, while Singapore Airlines holds the remainder.“As a matter of policy, we do not comment on industry rumours or speculation about potential airline partnership,” said a spokeswoman for Delta.Air France-KLM was unavailable for comment.Virgin Atlantic has long been the subject of takeover speculation, with the most recent rumours centering on a possible bid by Abu Dhabi’s Etihad Airways.Prior to that Malaysian carrier Air Asia boss Tony Fernandes was believed to have been considering a bid, after Virgin hired Deutsche Bank to assess the aviation market. Sunday 20 February 2011 10:55 pm whatsapp whatsapp Share Show Comments ▼last_img read more

Public finances strongest since January 2009

first_img More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comConnecticut man dies after crashing Harley into live bearnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comWhy people are finding dryer sheets in their mailboxesnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com whatsapp whatsapp Share Public finances strongest since January 2009 Britain showed a bigger than expected seasonal surplus on its January public sector net borrowing measure, after unusually strong annual growth in income tax receipts, official data showed.The figures appear to put the government well on track to meet its full-year fiscal targets, although the Office for National Statistics said the strong January tax receipts might lead to a bigger-than-normal fall back in revenue in February.Public sector net borrowing including financial sector interventions showed a January surplus of £5.252bn, up from a surplus of just £95m a year ago and much better than economists’ forecasts of an improvement to £700m. January is typically a surplus month for the public accounts, as annual income tax bills become payable in that month.The government’s preferred measure of public sector borrowing excluding financial sector interventions showed a surplus of £3.735bn, up from a deficit of £1.266bn a year ago. John Dunne Tags: NULL Tuesday 22 February 2011 4:59 am Show Comments ▼last_img read more