Qatar lowers interest rate

first_img Share Tags: NULL Sunday 15 August 2010 10:12 pm More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgPuffer fish snaps a selfie with lucky divernypost.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.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.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.org Qatar cut its overnight deposit rate by 50 basis points to 1.5 per cent, the first reduction in over two years, the central bank said yesterday. “Lowering the interest rate in Qatar was in line with the global and regional situation,” the bank said. Continued deflation in recent months and July’s rating upgrade by Standard & Poor’s by one notch to AA were also reasons for the cut, it added. whatsapp Qatar lowers interest rate center_img Show Comments ▼ whatsapp KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading Blvdlast_img read more

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OECD sees signs of fresh slump

first_img OECD sees signs of fresh slump whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily 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 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 Show Comments ▼ KCS-content Monday 13 September 2010 8:44 pmcenter_img whatsapp A SLOWDOWN in economic growth in the world’s developed countries looks increasingly likely, a leading think-tank said yesterday, highlighting signs the recovery may now have peaked in the United States, Japan and Brazil.The Organisation for Economic Co-operation and Development (OECD) said yesterday that its July composite leading indicator for the 32-nation OECD area fell for the second month in a row, shedding 0.1 points to 103.1, and warned that there were tentative signs German and Russian expansions may soon peak. Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 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: 2021 Updatethedelite.comMaternity WeekThis Is Why Lily From The AT&T Ads Is Causing A StirMaternity WeekComedyGerman Submarine Found Just Off The Coast Of North CarolinaComedyScribolHer Love Triangle Inspired 3 Of The Most Popular Songs Ever WrittenScribolYeah MotorCheck Out These Car Wraps, 20 Car Wraps That Had Us LaughingYeah MotorPets DetectiveAfter Céline Dion’s Major Weight Loss, She Confirms What We Suspected All AlongPets Detectivelast_img read more

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Asda is given go-ahead for Netto deal

first_imgThursday 23 September 2010 8:17 pm 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 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 whatsapp Show Comments ▼ Asda is given go-ahead for Netto deal Tags: NULLcenter_img ASDA will sell around a quarter of its newly-acquired Netto supermarkets, the Office of Fair Trading said yesterday, in a blow to the grocer’s expansion into smaller city-centre outlets.Asda paid £778m for Netto in May, but said yesterday it will find buyers for 47 shops after the OFT raised competition concerns. The supermarket is likely to be spared a grilling by the Competition Commission if it co-operates with the OFT, which will police potential buyers to ensure they fit in with each store’s local area. The Walmart-owned chain said the sale will push back the re-opening of the other 147 branches, which was planned for the Christmas period, to the first quarter of 2011. OFT senior director of mergers Amelia Fletcher said: “The OFT is confident that, if agreed, this package of remedies will safeguard competition … to the benefit of local shoppers, while allowing the remaining store purchases to go ahead.”The Netto purchase will boost Asda’s portfolio of smaller supermarkets to just below 200, in line with Asda’s plan to open 100 new small to mid-sized stores in the next five years.Speaking before the OFT decision, Asda’s property spokesman Jonathan Refoy told City A.M. the firm is keen to move into city centres including London and Birmingham. “London for us is a core market, there’s no doubt about it. We have got quite strict growth targets. Moving into central London, it’s a long way from happening right now. But we will learn a lot from operating the smaller Netto stores.” Analysts said the ruling could reduce the benefits of the deal, depending on which stores are sold and whether Asda can find buyers. “There’s no shortage of appetite for stores,” said RBS analyst Justin Scarborough. “But it does create uncertainty.” Share Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily 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 ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily Proof whatsapplast_img read more

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Insurer Hardy rebuffs offer from Beazley

first_img Lloyd’s of London insurer Beazley yesterday said it still hoped to clinch a takeover of Hardy Underwriting after its smaller peer rejected an initial 300p per share approach this month.Dublin-based Beazley said its proposed cash offer on 6 October valued Hardy at about £155m. The approach, which represented a 36 per cent premium to Hardy’s closing share price on 5 October, was rejected by the Bermuda-based insurer in a letter dated 8 October.Hardy said the offer substantially undervalued the company and its board had rejected it unanimously as an opportunistic attempt to buy the group. Hardy’ s shares rose 17 per cent to 285p in early trading, before closing at 290p. Shares in Beazley rose 4.7 per cent to 119.9p making the company the second-biggest riser in the FTSE 250 share index. They closed at 118p.Analysts said the rise reflected prospects that Beazley would earn a positive return on its cash reserves – generating almost no returns now because of low interest rates – if the deal goes ahead.Consolidation among Lloyd’s insurers, which offer cover against large-scale risks such as natural disasters, has long been mooted as cyclically low insurance prices weigh on their shares, although deals can be difficult to secure. Brit Insurance agreed to a £850m offer from buyout firm Cinven Capital Partners and Apollo Management last month.Beazley, which in July said its first-half profit nearly quadrupled, said on Monday it would continue talks with Hardy’s board and shareholders with the aim of agreeing a recommended deal. whatsapp KCS-content More From Our Partners Brave 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.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMark Eaton, former NBA All-Star, dead at 64nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comConnecticut man dies after crashing Harley into live bearnypost.comWhy people are finding dryer sheets in their mailboxesnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comPuffer fish snaps a selfie with lucky divernypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.com Tags: NULL whatsapp Insurer Hardy rebuffs offer from Beazley Monday 18 October 2010 8:25 pm Show Comments ▼ Sharelast_img read more

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Lazard posts surprise gains

first_img 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 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 Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Lazard posts surprise gains Share whatsapp LAZARD posted better-than-expected quarterly results yesterday, as the New York-based firm enjoyed a boom in its asset management unit but slower gains in advisory revenue. Net profit for the third quarter jumped 18 per cent on last year to $62.2m (£39.5m), or 46 cents a share, while revenue rose 11 per cent to $462.4m. Analysts expected 42 cents a share and revenue of $442.3m for Lazard, which hired former JP Morgan Cazenove boss Naguib Kheraj to become chief executive of its international business earlier this month. Assets under management rose 19 per cent to a record $143.6bn, while management fees soared 38 per cent to $184m, another all-time high for the firm. “Our fundamentals and financial position remain strong. We continue to generate significant cash flow and we remain focused on containing discretionary spending while investing in our businesses for future growth,” said Michael J Castellano, Lazard’s chief financial officer. Revenue from advising on deals jumped 29 per cent to $160.7m. Despite this lower-than-expected figure Lazard shares remained unchanged closing at $35.84 in New York trading yesterday. Sales from restructuring work fell 45 per cent on last year to $66m, due to a continuing decline in the number and value of corporate defaults. Devin Ryan, an analyst at Sandler O’Neil & Partners, said that advisory revenue was light, but added: “[T]hose revenues can bounce around from quarter to quarter.” During the quarter, Lazard advised Coca-Cola Enterprises on transactions worth $14.4bn. Wednesday 27 October 2010 8:54 pm Tags: NULLcenter_img Show Comments ▼ 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 TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmlast_img read more

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Dixons pares losses after restructuring

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 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 Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter Center Show Comments ▼ KCS-content Share Thursday 25 November 2010 7:38 pm whatsappcenter_img whatsapp Tags: NULL Dixons pares losses after restructuring ELECTRONICS retailer Dixons narrowed its first half-losses, it said yesterday, after closing smaller stores and replacing them with so-called “big box” units. The company reported a £7.9m loss in the six months to 30 September, less than the £17.6m loss it made in the same period last year. Sales growth was more muted in the second quarter, following a short-lived boost from the World Cup. Like-for-like sales rose two per cent in the UK and Ireland, compared to a six per cent hike in the previous three months. Slower sales of flatscreen TVs – which jumped during the football tournament – were mostly responsible for the slower growth. Dixons has restructured its business after several quarters of losses. The company has opened new superstores, and has brought the brands Currys and PC World under one management team. Dixons said its new or refurbished stores – which boast higher profit margins – were performing more strongly than the rest of the group.A spokesman said: “When we transform our stores, customers are loving it, and suppliers are loving it.”But some analysts are sceptical that physical stores can compete in the electricals marketplace, as online rivals undercut them on price. “The company remains a work in progress, although there are some encouraging signs in the midst of a major turnaround at the group,” says Richard Hunter, analyst at Hargreaves Landsdown. “There are pure out and out retailers who would give Dixons a run for their money.”Other analysts said Dixons could beat the current market trends. Ramona Tipnis of Shore Capital says Dixons’ high gross profit margin will keep the company in a strong position. Tipnis noted that the company is cutting costs by £50m this year.The company runs 650 stores in the UK, including 25 megastores. Dixons closed at 26.70p on the London Stock Exchange, a gain of 10p. More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.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.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comlast_img read more

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IAG hunts for new brokers as joins FTSE

first_img INTERNATIONAL Consolidated Airlines Group (IAG) began trading in London and Spain yesterday as British Airways and Iberia continued to complete their merger. IAG shares closed at 285p in London yesterday, 3p above BA’s final price of 282p.The new firm is overhauling its advisory teams, with a beauty parade underway for a corporate broker. UBS, which acted as broker for BA, and Iberia’s broker Morgan Stanley both declined to comment yesterday. A spokesperson for IAG said: “As any new company would, IAG is taking the opportunity to review its advisers,” but declined to comment on which banks were in the running. The company repeated its pledge to expand globally as it entered the FTSE 100 yesterday. IAG chief executive Willie Walsh, formerly the head of BA, told reporters at the London Stock Exchange this morning: “British Airways and Iberia are the first two airlines in IAG but they won’t be the last.”Bank of America Merrill Lynch told investors in a note that while the enlarged network can expand its capacity to drive growth, it is likely to be hit hard by turbulent fuel prices and further labour issues over the next two years. British Airways, which will continue to operate under the brand name, also said yesterday it was disappointed by the Unite union’s decision to hold another round of strike action. KCS-content Show Comments ▼ Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof IAG hunts for new brokers as joins FTSE Sharecenter_img whatsapp Monday 24 January 2011 7:48 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search Ads whatsapp Tags: NULLlast_img read more

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Bargain hunters push markets into recovery mode

first_img alison.lock Tags: NULL Thursday 17 March 2011 3:12 pm Bargain hunters push markets into recovery mode whatsapp Show Comments ▼center_img More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden 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.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org The FTSE rallied to an upbeat close after a six day fall, spending the day “in recovery mode”, analysts said.The FTSE 100 closed up 1.75 per cent at 5,696.11 as investors moved back into oversold stocks, with commodity stocks and chipmakers leading the gains and only six of its constituents closing lower.Stockbroker UBS issued a note detailing stocks it felt were most oversold, which included Prudential, Man Group and cruise operator Carnival.“The London market managed to avoid the massive volatility seen last night and in the early hours of this morning, spending virtually all of today’s session in recovery mode,” said IG Index chief market strategist David Jones.“Some of the hardest hit in recent days, such as the mining stocks, have been the leaders today, as investors decided there were bargains to be had.”Miners are expected to benefit from rising demand for materials by Japan as it begins to rebuild its shattered coastal regions. They also rose on improvements in the copper price.ARM Holdings rose furthest, up 5.9 per cent to 533.5p, backed by Eurasian Natural Resources Corp, up 4.5 per cent at 899p. Fellow miners Antofagasta, Xstrata and Kazakhmys also made the top ten.Oil prices gained $3 (£1.87) as unrest in the Gulf and Libya heightened fears of disruption to the oil supply and the fallout from Japan’s crisis.Finance stocks were the largest fallers, led by Man Group, down 2.1 per cent at 244.2p and Schroders, down 0.4 per cent to 1,684p. Lloyds Banking Group also ended marginally down, losing 0.1 per cent to close at 59.37p on the news that it is to axe 570 jobs and close its Cheltenham & Gloucester mortgage range.US markets have also moved into the black, with all three major indices recovering oil firms Chevron, Schlumberger and Cliffs Natural Resources all posting decent gains. But analysts warned that more volatility was expected at any time as news from Libya or Japan could tip sentiment in global markets again.“There is optimism that the worst could well be over and with the G7 supposed to be meeting later today there is some optimism that finance ministers may sanction measures to calm the markets,” said CMC Markets analyst Michael Hewson.“However any action could pale into insignificance if the nuclear situation deteriorates any further.” whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical GeniusPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople Todaymoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com Sharelast_img read more

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Budget sends the right signals to UK business

first_img Budget sends the right signals to UK business whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBePeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com PRIOR to last Wednesday’s announcement, George Osborne said he wanted to produce a Budget for growth. With a gaping hole in public finances, it was always clear that any growth could not be funded through Government largesse. It will be up to the private sector to generate wealth and offset public sector job losses. Unless we see a further substantial devaluation of sterling we are not going to get a German style surge in manufacturing any time soon. So all parts of the private sector will have to grow, including our financial services industry – internationally owned and with a big base in London. London has huge strengths as an international city but we must never take this for granted. If global firms are to stay here then we must ensure their staff are happy to be in the UK. If the talent moves so will the firms.There is no doubt that recent events have caused international investors to question if Britain is as welcoming a business environment as it once was.This week however the Chancellor promised us something different; a Budget to attract investment to the UK and to demonstrate that we are once again open for business.And there was much to commend it, both in terms of tone and content.A cut in corporation tax; relief for non-doms investing in the UK; the establishment of 21 enterprise zones and increased support for SMEs, not to mention an explicit acknowledgement of the importance of a world-class financial services industry, will all produce economic benefits and provide reassurance for firms and their staff that want to be based here.Perhaps even more importantly, the chancellor acknowledged that the 50p tax is a seen as a temporary measure and, following calls from Labour for it to be revisited, we heard no further reference to the bonus tax.These measures represented policy-making at its lowest ebb – they went against the most basic tenets that ought to underpin a fair and predictable tax regime and proved damaging to our reputation in the international business community.It will be a long haul to repair that damage but I believe this government is heading in the right direction. Even with spending cuts, balancing the books will be difficult and patience and understanding is needed. This of course should not be extended to those who continue to vilify the industry and appear intent on either shrinking its size or who refuse to take into account that we live in a very competitive world, hungry for the talent we are lucky to have on our doorstep.Stuart Fraser is policy chairman of the City of London. Share Tags: NULL whatsapp KCS-content Sunday 27 March 2011 11:44 pm Show Comments ▼last_img read more

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EasyJet enjoys a boost to its traffic in March

first_img Tags: NULL Wednesday 6 April 2011 7:37 pm KCS-content BUDGET airline easyJet yesterday reported a better-than-expected 12 per cent jump in monthly passenger figures compared to last year. The Luton-based budget carrier flew 4.4m people in March, up from 3.9m a year earlier.The airline carried 51.2m passengers in the 12 months ending March 2011, up 8.5 per cent from 47.2m a year earlier, with an improved annual load factor – a measure of how well an airline fills its planes – of 87.1 per cent from 86.4 per cent, it said. whatsapp Share 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 WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap whatsapp EasyJet enjoys a boost to its traffic in March last_img read more

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