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City Financial unveils Asia fund

first_imgSunday 5 September 2010 10:33 pm 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 Share British fund management firm City Financial will today launch an Asian fund of hedge funds in a move designed to tap into the rapid development of the hedge fund industry in the region. The City Financial Asian Absolute Growth Fund, a fund of hedge funds primarily targeting institutional investors, is aimed at capitalising “on the strong maturation of the Asian hedge fund markets”, the company said. This year has seen hedge fund firms including Fortress Investment and Soros Fund Management line up launches in Singapore and Hong Kong. whatsapp Show Comments ▼center_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal 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 TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald City Financial unveils Asia fund KCS-content Tags: NULLlast_img read more

Yeo claims BP was victim of over-reaction

first_img TIM Yeo, chairman of the energy and climate change select committee, has said there was “a degree of over-reaction”over the Gulf of Mexico oil spill after outgoing BP chief executive Tony Hayward was quizzed by MPs yesterday. Yeo claims BP was victim of over-reaction Yeo said BP was the “unwitting victim” of US domestic politics after Hayward told the parliamentary committee that the failings which caused the spill were not particular to the company he heads.“It’s been easy for some parties to suggest that this is a problem with BP. I emphatically do not believe that that is the case,” the outgoing chief executive said.Hayward denied that there was any link between the accident and previous safety lapses at BP such as a 2005 refinery blast that killed 15 workers.“It’s very dangerous to join up dots that may not be appropriate to join up,” he said.Hayward said the decision of rivals such as Royal Dutch Shell and Exxon Mobil to criticise it in the wake of the disaster reflected the political climate in the United States at the time, rather than because of BP operating outside industry norms, as the companies said.Hayward received a less confrontational treatment from the committee than he received from a US Congressional committee. His appearance came on the same day regulators criticised BP for its safety training regime in the North Sea.Health and Safety Executive (HSE) inspectors found the company lacked a clear chain of command for dealing with a loss of well control on a North Sea oil rig – three months before a blow-out in the Gulf of Mexico caused America’s worst ever oil spill. In a letter HSE said to BP that there was “evidence of a culture among your contractors, Seawell (up to senior levels of management), of working outside of procedures, permit or permit conditions”. More From Our Partners Killer 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.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.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Show Comments ▼ KCS-content Share Wednesday 15 September 2010 8:39 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 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.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald Tags: NULL whatsapp whatsapplast_img read more

AIA gets OK to list stock

first_img KCS-content BAILED-OUT insurer AIG has won permission to list shares in its Asian life insurance unit AIA on the Hong Kong stock exchange. AIG is thought to be aiming to start trading shares on 29 October, with a view to raising up to $15bn (£9.6bn). AIG, which is nearly 80 per cent owned by the US government, is disposing of assets to repay taxpayers who committed $182.3bn to prop up the insurer during the financial crisis. President and chief executive Robert Benmosche said last month when the firm paid back $4bn of US loans: “AIG is getting stronger every day. We still have more work to do, but we will finish the job and make sure we repay the American taxpayers.”AIG declined to comment on the share listing, while AIA, which is based in Hong Kong, was not available for comment yesterday. The initial public offering (IPO) comes after AIG tried and failed to sell the business earlier this year to Prudential for $35.5bn. Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Share whatsapp whatsappcenter_img AIA gets OK to list stock by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com Tuesday 21 September 2010 8:19 pm Show Comments ▼ Tags: NULLlast_img read more

WHAT THE OTHER PAPERS SAY THIS MORNING

first_img Share Tags: NULL whatsapp Monday 4 October 2010 9:24 pm WHAT THE OTHER PAPERS SAY THIS MORNING 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 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.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times whatsapp Show Comments ▼ More From Our Partners Biden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.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.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice 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.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comPuffer fish snaps a selfie with lucky divernypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comWhy people are finding dryer sheets in their mailboxesnypost.comConnecticut man dies after crashing Harley into live bearnypost.com FINANCIAL TIMESEU NATIONS WIN A YEAR’S REPRIEVE ON STATE AIDEuropean governments will be allowed to provide soft loans and other concessionary support to their banking and industrial sectors for one more year because of the lingering effects of financial crisis, according Europe’s top competition regulator. But in an interview Joaquín Almunia, European Union competition commissioner, said he would reinstate the much tougher “normal” state aid regime from the beginning of 2012.FLASH CRASH REPORT WILL NOT STOP HFT DEBATEThe high-frequency trading firms that have come to dominate daily trading in US equity markets may feel entitled to a little slack. After suffering a good deal of political heat over May’s “flash crash” on Wall Street, it turns out that a large order by a traditional investor was the trigger for the wild market swings.BOFA SELLS OFF FOXTONS LOANS PACKAGEBank of America Merrill Lynch has sold loans it made to Foxtons estate agents at the peak of the London property bubble to Haymarket Financial, a corporate lender launched last year. The deal severs all lending links between BofA and Foxtons, as the US bank is also selling its share of the estate agents’ mezzanine loans, a more junior form of financing.VIMPELCOM SET TO JOIN TELECOMS BIG LEAGUEVimpelcom has agreed to merge with most of the telecoms assets of Naguib Sawiris, the Egyptian entrepreneur, to form the world’s fifth largest mobile phone group by customers. The $6.6bn deal will transform Vimpelcom.THE TIMESMORE THAN HALF OF £7BN CITY BONUSES WILL GO TO TAXMANThe City will pay bonuses totalling nearly £7bn this year but, for the first time, the taxman will be taking a greater share of the bonuses than bankers, brokers and traders. The latest forecasts from the Centre for Economic and Business Research show that recent Treasury revisions indicate that banks and City firms will be paying a total of £6.99bn this year in bonuses.KRAFT CHIEF’S CHARM OFFENSIVE IN CADBURY HEARTLANDThe chief executive of Kraft will finally meet Cadbury staff this week — nine months after the American food group’s controversial £11.5bn takeover of the Dairy Milk maker. Irene Rosenfeld will hold a “town hall” meeting for Cadbury employees at its Bournville site in Birmingham.The Daily TelegraphNIGHTCLUBS PLAN TRADE ASSOCIATION TO KEEP DANCINGNightclub impresarios are banding together to create the first trade association for top West End clubs. The fiercely competitive owners and managers behind the velvet ropes have agreed to share knowledge and cooperate in a bid to boost business. Club Union, likely to be called the Association of Club Owners when it is formally established, aims to be an authority on the industry that can help its members.Boom time about to take off with Airbus in BangaloreOne factory was carrying on regardless. At Dynamatics, a Bangalore-based supplier to Airbus, workers continued making a crucial wing part for the manufacturing giant’s A320 aircraft. This is a business which lives up to the outsourcing.WALL STREET JOURNALECB RAMPS UP BOND-BUYINGThe European Central Bank said its purchases of government bonds in the past week rose to their highest level in three months, against a background of increasing market fears for the financial health of Ireland and Portugal. The news is further evidence of the euro zone’s uneven progress out of the crisis. EMERGING-MARKET BONDS ATTRACT FOREIGNERSForeign investors are rushing into emerging-market bonds from Indonesia to Mexico, bearing foreign-exchange risks that used to be held by locals. The latest evidence came when the Asian Development Bank reported that foreigners are taking an ever bigger chunk of locally issued debt, alleviating the need for businesses and government to borrow in dollars or other hard currencies. last_img read more

Eurostat may revise Greece’s 2009 deficit

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 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.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times 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.orgSidney Crosby, Alex Ovechkin are graying and frayingnypost.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.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.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comPuffer fish snaps a selfie with lucky divernypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com whatsapp KCS-content Eurostat may revise Greece’s 2009 deficit Show Comments ▼center_img Share EU statistics agency Eurostat may revise upwards Greece’s 2009 budget deficit but this will not significantly impact this year’s fiscal gap, a senior official at Greece’s finance ministry said yesterday.“Even if there is a significant revision for 2009, the impact on the 2010 deficit will be very small,” the official, who did not want to be named, said.Greece expects to slash this year’s budget deficit to 7.8 per cent of GDP from 13.8 per cent in 2009, based on its draft 2011 budget unveiled on Monday. Next year it wants to shrink the budget hole to seven per cent, below a 7.6 per cent target under an IMF/EU bailout plan.Eurostat said in April it might revise upwards Greece’s 2009 deficit by up to 0.5 percentage points of GDP, and public debt by between five and seven percentage points, to account for uncertainties in the reported statistical data. whatsapp Tuesday 5 October 2010 8:06 pm Tags: NULLlast_img read more

Boost for Bank of Ireland as analyst tells its investors to buy its stock

first_img whatsapp Share whatsapp Tuesday 12 October 2010 8:24 pm Show Comments ▼ More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.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.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.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.comcenter_img Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity 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 Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com Boost for Bank of Ireland as analyst tells its investors to buy its stock Spotting a potential gold nugget in the mist of the rubble, Collins Stewart has poked its head above the parapet and put a “buy” recommendation on an Irish bank.It recommended Bank of Ireland through its Quest analysis vehicle, saying it will benefit from the retreat of foreign banks from the market and is the strongest remaining player.Analyst Gary McCarthy said: “We have been negative on the Irish banks for a very long time, but it’s time to be brave. Unpalatable as it may be, it is time to put money to work in this sector even if it feels like the monkeys have inherited the earth. Alone it stands.”Meanwhile, Irish finance minister Brian Lenihan said Ireland would back talks between its nationalised banks and bond holders on a possible renegotiation of their senior debt.He reiterated he was opposed to a default on senior debt but his comments on a possible voluntary renegotiation with investors chime with a similar suggestion from Ireland’s financial regulator last week.Irish voters are angry at the €50bn (£43.6bn) bill they look set to foot to purge Irish banks of soured property loans. However, making bond holders swallow some of the cost would undermine confidence in Ireland and its banks. KCS-content last_img read more

Public borrowing hits new record as cuts loom

first_img 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.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.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com whatsapp Show Comments ▼ John Dunne Wednesday 20 October 2010 4:51 am Public borrowing hits new record as cuts loom center_img Public borrowing hit a record high for a month of September, the Office for National Statistics, as chancellor George Osborne prepared to deliver an announcement of £80bn of spending cuts.The government’s preferred measure of borrowing, which excludes financial sector interventions, also hit its highest for a month of September since records began in 1993.The total public sector net debt as a percentage of GDP rose to a record 64.6 per cent, the highest for any month since records began in 1993.The government is likely to seize the figures as evidence of the urgent need for fiscal tightening, despite concerns from opposition politicians and some economists that it could tip Britain back into recession.The ONS said that public sector net borrowing rose to £15.607bn last month from £14.806bn a year ago versus economists’ expectations for a fall to £14.2bn.For the financial year to date, PSNB is running at £70.156bn, down from £75.145bn for the April-September period last year.Excluding financial sector interventions, September’s PSNB was 16.166 billion pounds, also higher than the same month last year.For the year to date, this came to £73.548bn compared to £77.376bn a year earlier, and the Office for Budget Responsibility forecasts it will hit £149bn his fiscal year. 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 FarmDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definitionthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com Share whatsapp Tags: NULLlast_img read more

ROUX BUSY EXPANDING WHITEHALL WAISTLINES

first_img whatsapp Show Comments ▼ More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.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.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org ROUX BUSY EXPANDING WHITEHALL WAISTLINES KCS-content whatsappcenter_img Tags: NULL Tuesday 26 October 2010 8:23 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 Timesmoneycougar.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.comReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterGloriousaCouple Wins Lottery, 5 Years Later, Their House Had To Be DemolishedGloriousa Share IT’S been a busy few months for master chef Michel Roux Jr, splitting his time between fostering his burgeoning TV career and appointing a new chef for his latest venture, Roux at Parliament Square.In addition to his ongoing judge’s spot on Masterchef, Roux has also been busy filming a series set to hit our screens next year – “Michel Roux’s Service”, a BBC production where a bunch of youngsters will fight it out to be trained in the almost-forgotten skills of restaurant front of house. (Roux, of course, is used to nothing but the best, having worked with the “godfather” of London maitre d’s, Silvano Giraldin, for years and years at Le Gavroche.)Meanwhile, over at Parliament Square, The Capitalist hears he’s just installed Toby Stuart as his new chef, fresh out of his position as senior sous-chef at the Michelin-starred Galvin at Windows.Eagle-eyed spies tell me that Stuart – who originally sharpened his kitchen knives at some of the finest eateries in the world, including The Square, L’Escargot and Auberge du Lac – has been given something of a baptism of fire with the distinguished patrons frequenting the joint. Just a stone’s throw from the House of Commons, he’s already cooked for the likes of defence secretary Liam Fox, shadow chancellor Alan Johnson and chancellor George Osborne – though I’m told PM David Cameron has yet to make an appearance…PUBLICITY STUNTTodd Combs, the hedge fund manager elevated by billionaire investor Warren Buffett to oversee a significant part of his firm Berkshire Hathaway’s investment portfolio, might need to get himself a spot of media training if he’s going to become prime candidate to succeed the Sage of Omaha himself.Buffett, speaking to Fortune magazine about the appointment, described Combs as an “all-American type” who shuns publicity. That’s hardly a phrase you could use to describe Buffett himself, who has previously gone as far as to dress up in a wig and bandanna and perform as rock star Axl Rose in a television commercial to promote one of Berkshire Hathaway’s portfolio companies, Geico – all in the name of publicity.top marks for effortWhere graduates once sweated over online applications in the elusive search for that first job, the students of today have become ever more enterprising.In the depths of the crisis, we had jobseekers walking around cities with billboards around their necks and one memorable candidate standing on the Fourth Plinth at Trafalgar Square advertising his skills.That trend continues – one young chap, Matthew Riley, tells The Capitalist he plans to stand outside Bank station this morning handing out 1,000 copies of his CV to commuters, in the hope of landing an internship.Apparently, the second-year student is interested in opportunities in investor relations or client management – and not so long ago tried a similar stunt at Canary Wharf, when the distribution of less than half that number of CVs landed him an interview at Shell.PARADISE FOUNDTempting stuff, this, at a time when uncertainty is rife and many jobs in the financial services sector are looking less than 100 per cent secure.Escape The City – the website set up by two former management consultants during the economic crisis, in order to help workers pursue their dream careers – has teamed up with holiday group Paradise Hunter to launch a competition to land the job of a lifetime.Said job involves being paid $60,000 (£37,900) to travel around the world for 52 weeks, presenting a TV series for Paradise Hunter – taking in the sights and culture of no fewer than 12 countries, including Belize, Costa Rica, the British Virgin Islands, New Zealand, Thailand and India, along the way.What’s more, the successful “job” applicant will be given a property worth up to $150,000 at the end of the year in their favourite “paradise” country. Are they for real?LEADING LIGHTWell-deserved kudos yesterday for Morgan Stanley’s international treasurer David Buckley, who was honoured with the Walker Award for Commitment to Diversity in Financial Services – an award established in memory of Tory peer and former chairman of Kleinwort Benson Lord Walker, a committed campaigner for greater diversity for the City, who died earlier this year.The award was set up by an organisation called The City Fellowships in Financial Services, founded to help American minority financiers living in London, which applauded Buckley’s “career-long dedication and outstanding commitment to the empowerment of women and ethnic minorities in the City”. Hear, hear. last_img read more

Economic sentiment improves

first_img KCS-content whatsapp Sunday 14 November 2010 10:30 pm Economic sentiment improves THE first quarters of next year will bring no relief from the UK’s economic slowdown, according to a business trends report released today by accountancy firm BDO. But the report’s optimism index suggests that sentiment is in slightly better shape than it was during the summer – although it still forecasts a contraction in the economy over the next coupe of quarters. The October index comes in at 91.9, below the 95 mark that would suggest flat growth, but it is nonetheless marginally up from its September score of 91.6. And it is significantly above its low ebb between April and August.BDO partner Peter Hemington said: “The slight increase is, we hope, a sign that the rot may have stopped.”He added, however, that “we would urge caution”: the report’s output index fell under the break-even 95 mark for the first time since June 2009, coming to 93.8 in October, down from 95.9 in September. A separate survey confirms the gloomy outlook into 2011: the Lloyds TSB corporate markets barometer shows that in October only 46 per cent of firms were more optimistic about the economy now than they were three months ago. 35 per cent said they were more pessimistic, giving an overall score of 11 per cent. FAST FACTS | BDO BUSINESS TRENDS● BDO’s indices are compiled using all the major UK business surveys, covering 11,000 respondents in firms employing 5m people.● The break-even point is 95. Below this score suggests expectation of a contraction. Show Comments ▼ whatsapp Share More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.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.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.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.com Tags: NULLlast_img read more

Walmart set to pay £1.5bn for Massmart

first_img whatsapp Walmart set to pay £1.5bn for Massmart Share Monday 29 November 2010 7:52 pm Tags: NULL whatsappcenter_img 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 PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter Centerthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof Show Comments ▼ WALMART is to pay 16.5bn rand (£1.5bn) for control of Massmart, giving the world’s largest retailer a substantial presence in South Africa and paving the way for further expansion across the continent.The Wal-Mart tie-up will help discount retailer Massmart speed up expansion in sub-Saharan Africa and increase its food retailing business, the South African company’s chief executive said yesterday.The deal will also likely pit Wal-Mart, which has long battled with organised labour in the United States, against South Africa’s powerful trade unions, some of which have threatened to strike against the US giant.Massmart’s chief executive, Grant Pattison, said the company would retain its local listing and South African management after the deal. The two companies said in a joint statement Wal-Mart would pay 148 rand per share for a 51 per cent stake in the South African company, which has a presence in 14 countries in Africa. Wal-Mart said in September it was looking to buy up to all of the South African retailer, but scaled that back to more than 50 per cent – to ensure it took control – last month. last_img read more