BANKING CHEMISTRY GEEKS GET CREATIVE

first_img BANKING CHEMISTRY GEEKS GET CREATIVE Share THANK heaven for the idle pairs of hands which yesterday provided The Capitalist with the throatiest chuckle of the week.Into the inbox popped a link that’s been doing the rounds in the City, containing a link to a “periodic table” – though not one that would be familiar to many from distant memories of school chemistry lessons.Nah, this little beauty is a periodic table of swearing – with a full spectrum of profanities arranged in order of vehemence across a multi-coloured table, from the “heavy metals” on the left (read: the C and F words and derivative phrases) to the “light gases” on the right.“A JPEG built, I believe, by some techies in the basement of a government owned bank,” the email states, mischievously. “I’m so glad they’re busy…”LINE OF FIRESpeaking of government-owned banks, RBS might be best advised to prepare for the worst on Monday as the climate change protesters camped outside its Gogarburn headquarters near Edinburgh gear up for a full day of demonstrations.The standoff between eco-warriors and the bank – over its investments in oil, gas and mining projects – is far from new, you see. Seasoned veterans of the bank in the City will remember last year, when hundreds demonstrated inside and outside RBS’s Bishopsgate HQ, including super-gluing their hands to the floor of the foyer and stripping naked to hold up protest banners. Better start shoring up the defences, pronto.TICKET TOUTAnother instalment in The Capitalist’s ongoing saga on bankers turning entrepreneurs in the wake of the crisis. Gareth Jenkins, who lived to tell the tale of his first-hand experience at Lehman Brothers a few years ago, left UBS to pursue his dream just last month.He’s now set up Club Journeyman – a sports ticketing and corporate entertainment business – which plans to offer small to mid cap companies the same hospitality opportunities as their larger counterparts.“I really enjoyed UBS but had a hankering to start up my own company – and now, I go to work every day and get to deal with the likes of Manchester United and Chelsea,” he gushes, having recently struck ticketing deals with the two clubs, the Millennium Stadium, Cheltenham Racecourse and the O2 Arena. Not bad for a rookie…LEGS SEVENCast your eyes over the above group of nutters from Deloitte, who have pledged to tackle over 1,100 miles on a seven-seater conference bike in aid of Cancer Research UK.Led by consulting analyst Ed Grieg, the cyclists are aiming to set a new Guinness World Record for the highest number of riders taking part in a John O’Groats-to-Land’s End expedition on a single bike, with six people pedalling and one person steering the cumbersome contraption. They should be arriving in London later today – good luck to them, I say.GOSSIP’S CORNERRumour of the week, courtesy – as always – of troubled broker Astaire Securities. I hear the firm’s Plus markets team are eager to escape the firm’s recent woes and are looking to complete an MBO – though they’re also open to the idea of a tie-up with a rival broker… 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.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding 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.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.com Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoBetterBe20 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 BlvdUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndo whatsappcenter_img whatsapp Show Comments ▼ Thursday 19 August 2010 8:47 pm KCS-content Tags: NULLlast_img read more

Arm shares rise to eight-year high as new chip is unveiled

first_img Tags: NULL Arm shares rise to eight-year high as new chip is unveiled BRITISH chip designer Arm Holdings unveiled a new processor that could help it extend its dominance in mobile phones into new markets, sending its shares to a new eight-year high yesterday.Arm, led by chief executive Warren East, is making inroads into bigger rival Intel’s territory with design wins including Apple’s iPad tablet computer.Texas Instruments, Samsung and Ericsson are the first licensees for the A15 processor, codenamed “Eagle” and part of Arm’s Cortex family.Arm said it would deliver performance five times better than today’s advanced smartphone processors, and could be used in servers and wireless networking as well as phones. Shares in Arm rose to an eight-year high, reaching 416p before closing at 403p. whatsapp Thursday 9 September 2010 8:33 pm KCS-content Sharecenter_img Show Comments ▼ Read This NextNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut’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 ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof whatsapp Video Carousel – cityam_native_carousel – 426 00:00/00:50 LIVERead More Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndoDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndoWorld LifestyleCouple Has No Idea Why Photo Goes Viral, Then They Notice This In The CornerWorld LifestyleUndoFilm OracleHer Love Triangle Inspired 3 Of The Most Popular Songs Ever WrittenFilm OracleUndoYeah MotorCheck Out These Car Wraps, 20 Car Wraps That Had Us LaughingYeah MotorUndolast_img read more

BEST OF THE BROKERS

first_img whatsapp BEST OF THE BROKERS 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 Wrap KCS-content Thursday 14 October 2010 8:54 pm whatsappcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCutethedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com AUTONOMYEvolution Securities rates the software company a “sell” with a target price of £11.75. The broker has cut its earnings per share forecast by 25 per cent for the fourth quarter, and by 22 per cent for 2011, following last week’s profit warning, but also sees a five per cent growth in revenue next year.CLOSE BROTHERSArden Partners has upgraded the investment bank to “neutral” from “buy” with a price of 746p. The broker has upgraded its 2011 pre-tax profit forecast by 11 per cent and its forecast for 2012 by 26 per cent, on the back of expected continued growth, but still sits near the bottom of consensus estimates.UNITED BUSINESS MEDIARBS rates the media group a “hold” with an upgraded target price of £6.30. It believes advertising volumes have picked up in certain sectors including its technology magazines. The broker has upgraded 2011 earnings per share forecast by 14 per cent to 63.4p, due in part to the group’s acquisition of Canon Communications. Share Tags: NULL last_img read more

Babcock upbeat despite defence cuts

first_imgTuesday 25 January 2011 3:55 am John Dunne Show Comments ▼ Defence group Babcock said third-quarter trade had been strong and that the outlook for 2011 and beyond was positive despite defence budget cuts.Babcock said its order book was stable at about £12bn and the year ahead was positive.It said its performance was driven by growth at its defence, security and marine units.The company, which last year bought out rival VT Group, said it was confident of achieving £50m of pre-tax savings from the deal and a run rate of £11m by the end of March.The Government slashed defence spending by eight per cent last year to help cut the budget deficit, but junior defence minister Peter Luff said last week that it would buy equipment from British firms.Babcock said in a statement: “We continue to be involved in positive dialogue with our key customers at the Ministry of Defence and with the Cabinet Office. We expect discussions with the Cabinet Office to be concluded by the end of the financial year.“We anticipate the outcome of the Comprehensive Spending Review and Strategic Defence and Security Review will lead to significant new outsourcing opportunities.” whatsapp Share whatsapp Babcock upbeat despite defence cuts More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.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.org Tags: NULLlast_img read more

Whole Foods sales jump again

first_img whatsapp whatsapp Whole Foods sales jump again Tags: NULL Organic grocer Whole Foods saw first-quarter net income jump almost 79 per cent, beating market expectations, and raised its full-year earnings forecast for 2011 yesterday. The Texas-based company made $3bn (£1.87bn) revenue, above forecasts for $2.95bn. It generated $88.7m earnings or 51 cents per share in the quarter, up from $49.7m or 32 cents per share in the same period last year. It said it expected strong sales to continue and raised its full-year guidance from $1.76-1.80 per share, up from $1.66-1.71. Shares in Whole Foods rose to $58.11 in after-hours trading from their Nasdaq close of $53.60 as analysts praised the strong performance. KCS-content center_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Show Comments ▼ Share More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel 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.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com Wednesday 9 February 2011 8:18 pmlast_img read more

ANALYST VIEWS: HOW GOOD WERE HAMMERSON’S RESULTS?

first_img HARM MEIJER JP MORGAN CAZENOVEHammerson’s full-year results were better than expected, a similar trend seen with peers, as assets with quality income continue to surprise to the upside, in line with one of our main investment themes. We remain ‘overweight’, given the continued strong demand for prime assets and its modest loan to value ratio of 32 per cent.TINA COOK CHARLES STANLEYWhile earnings were largely in line, the positive share price reaction is driven by the rise in net asset value, which was well ahead of expectations. The company recognises ongoing pressure on retailers in challenging economic conditions, but its prime portfolio, diverse tenant base and geographic spread leaves it well placed.MATTHEW CHURSTAIN PEEL HUNTIt was better than expected. There is still a little bit of concern over the rents of their City assets, but that is likely to resolve itself in the growth and the shortage of space over the next few years. Hammerson has also got a number of development assets, and is set for more positive news if it can get pre-lets for those properties. Monday 21 February 2011 8:23 pm Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndo ANALYST VIEWS: HOW GOOD WERE HAMMERSON’S RESULTS? Tags: NULL Sharecenter_img whatsapp whatsapp More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.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.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com KCS-content Show Comments ▼last_img read more

Etalon aims to raise up to $650m in London float

first_img RUSSIAN property developer Etalon started its European investor roadshow yesterday ahead of its bigger-than-expected $650m (£403m) London float planned for later this month. Etalon said yesterday it plans to offer its stock at between $7 to $9 per share – valuing the firm at between $2.06bn and $2.51bn.The company, which develops high-end residential properties in Russia, announced in March that it hoped to raise $500m in the London markets. It has since decided to also sell some existing shares to take the total stake for sale to 28 per cent, worth up to $650m.The company is aiming to float before the Easter bank holiday, one source told City A.M. yesterday. Credit Suisse, alongside Russia-focused banks Renaissance Capital and VTB Capital, are accompanying the firm on a roadshow to drum up interest. The company hopes to use the money raised to buy land plots and finance new projects.Etalon is competing with a number of prospective Russian floats this month, with Nomos bank hoping to raise $700m and sugar and pork producer Rusagro looking for $300m. whatsapp KCS-content 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 Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesDrivepedia20 Of The Most Underrated Vintage CarsDrivepediamoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.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.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Sharecenter_img Monday 4 April 2011 8:26 pm Etalon aims to raise up to $650m in London float whatsapp Show Comments ▼ Tags: NULLlast_img read more

EnQuest could buy up North Sea fields after oil tax hike

first_imgTuesday 5 April 2011 7:28 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMoneyPailShe Was An Actress, Now She Works In ScottsdaleMoneyPailDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com whatsapp Show Comments ▼ 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.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell 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.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comConnecticut man dies after crashing Harley into live bearnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.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.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com Sharecenter_img KCS-content EnQuest could buy up North Sea fields after oil tax hike whatsapp NORTH SEA oil producer EnQuest warned that the government’s recent tax raid on oil profits will make some smaller projects in the region impossible, but said it is well-placed to snap up projects as the hike dents asset values. EnQuest said it was “very disappointed by the recent unexpected UK Budget decision” to hike the oil profit levy from 20 to 32 per cent, adding that it “will render some small field investments uneconomic”. But the firm posted a pre-tax profit of $169.4m (£104m), up from a pro-forma profit of $24.9m last year, and said that its developments still have significant potential. Chief executive Amjad Bseisu said the tax increase might help the firm’s acquisition drive: “We can acquire assets at prices that are lower than they were just a few weeks ago,” he said on a conference call. “We can look at an acquisition in the half a billion to a billion dollar range quite easily.”EnQuest would consider assets put up for sale by oil majors such as BP in the North Sea, Bseisu said, but was wary of taking on high decommissioning costs at some of the more mature fields.EnQuest also plans to spend $300m on drilling and exploration this year, according to its results statement. Pro-forma production rose 55 per cent on last year to 21,000 barrels of oil per day, as EnQuest ramped up work on the North Sea assets of Petrofac and Lundin Petroleum that it acquired last year when it floated. Reported revenues more than doubled to $583.5m during 2010. Tags: NULLlast_img read more

WHAT THE OTHER PAPERS SAY THIS MORNING

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 Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldSenior Living | Search AdsNew Senior Apartments Coming Nearby Scottsdale (Take a Look at The Prices)Senior Living | Search Ads Tags: NULL whatsapp whatsapp FINANCIAL TIMESBOSCH WARNS JAPAN CRISIS WILL SLOW GLOBAL GROWTHThe impact of last month’s Japanese earthquake will cut global economic growth by a quarter of a percentage point and could put a big dent in planed increase in car production this year, the head of the world’s largest car parts supplier warned. Franz Fehrenbach, chief executive of Bosch, said damage to Japan’s industrial base would slow momentum of the world economy. SWISS JULIUS BAER PAYS BERLIN €50M TO SETTLE TAX EVASION CASEJulius Baer became the first Swiss private bank to reach a settlement with the German authorities over its potential role in helping rich customers to evade taxation with a one-off €50m (£44m) payment. German tax authorities have gone to great lengths to track down tax evaders, including the purchase of stolen client information. LIBERTY SELECTED AS PREFERRED QUINN BIDDERLiberty Mutual, the US insurance company, has been selected as preferred bidder for Quinn Insurance, Ireland’s second largest general insurer, which was placed in administration by the Irish regulator last year over breaches of insolvency rules. The deal is one of several announced yesterday as creditors closed the net on founder Sean Quinn. LISTING THREAT TO PLANS FOR NEW UBS BASEPlans by UBS to build a new headquarters in the City of London’s Broadgate estate could be under threat from English Heritage, which is considering a historic listing for parts of the 25-year-old Arup-designed office campus. The conservation group is considering recommending a Grade II listing.THE TIMESBURGER INVESTORS EAGER FOR A TASTE OF LATIN AMERICAAmerican investors rushed to take advantage of a rare opportunity to gain blue-chip exposure to the growing Latin American economies when the world’s biggest McDonald’s franchisee started trading in New York yesterday. Shares in Arcos Dorados rose nearly 25 per cent above their IPO price of $17 (£10.40) on the New York Stock Exchange yesterday.DIXONS PULLS OUT OF SPAINDixons Retail, the owner of Currys and PC World, confirmed that it was pulling out of the Spanish market yesterday. The company said that the decision was made “due to a continuing weak consumer environment and continuing losses of the business, together with the group’s plans to focus on combined electrical and computing stores”.The Daily TelegraphSIR RICHARD BRANSON TO MAKE BID TO BUY BACK FORMER VIRGIN RADIO Sir Richard Branson is attempting to buy back the former Virgin Radio 14 years after selling the UK radio group. The Daily Telegraph understands Sir Richard’s Virgin Radio International will make a bid today for Absolute Radio. The radio group is being sold by its Indian owner TIML Radio, part of Bennett Coleman.BRICS warn over commodity pricesThe roller-coaster path of commodity prices threatens the global recovery, the BRICS group of new economic powers warned. “Excessive volatility in commodity prices, particularly those for food and energy, poses new risks for the ongoing recovery of the world economy,” they said in a joint statement, released as the nations met for their third summit.THE WALL STREET JOURNALENI SEEKS TO SHIP LIBYA OIL TO ITALYEni, Italy’s biggest energy company by market value, said yesterday it plans to transport as much as possible of its own oil stored in a Western Libyan terminal to Venice for safety reasons. “We are trying to lift as much equity oil as possible” from the Mellitah terminal via a tanker to Venice, said Eni. “No specific time frame is available, but we hope to have one [tanker] in a few days.”SPAIN MOVES TO CLAMP DOWN ON HIGH-INTEREST DEPOSITSSpain’s ailing savings banks are rushing out a slew of aggressively priced products for savers ahead of an initiative by the government and the Bank of Spain to limit money-losing deposits. The Finance Ministry has outlined new draft rules aimed at limiting the interest rates that banks can pay for deposits. Thursday 14 April 2011 9:28 pm Share Show Comments ▼ KCS-content WHAT THE OTHER PAPERS SAY THIS MORNING last_img read more

Xstrata’s Glencore directors not independent enough, says PIRC

first_img 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.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.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.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com Tags: NULL whatsapp Xstrata’s Glencore directors not independent enough, says PIRC Show Comments ▼ A SHAREHOLDER advisory group has recommended that its members vote against the re-election of three non-executive directors at Xstrata on the grounds that they are also nominees of Glencore.The Pensions Investment Research Consultants (PIRC) have said that Xstrata investors should oppose the re-appointment of Ivan Glasenberg, Aristotelis Mistakidis and Tor Peterson on the grounds that they are “not independent” because of their involvement with Glencore, which owns 34 per cent of Xstrata’s stock.The issue has come into sharp focus due to Glencore’s imminent flotation, which many have said could be a precursor to a merger with Xstrata. Glencore’s float prospectus is due out in early May. KCS-content whatsapp Share Tuesday 19 April 2011 9:01 pmlast_img read more

Page 1 of 527

Powered by WordPress & Theme by Anders Norén