Markets plunge on fresh dip fear

first_img More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Markets plunge on fresh dip fear KCS-content Wednesday 11 August 2010 8:53 pm GLOBAL markets plummeted yesterday after the Bank of England cut its growth forecast and the US trade gap widened dramatically intensifying fears of a double-dip recession. On Wall Street, the Dow Jones recorded its biggest loss in six weeks, dropping 2.5 per cent to 10,378.83 and taking the index into negative territory for the year, while the FTSE 100 plunged 2.4 per cent to 5,245.21 – its biggest single-day percentage drop since 29 June. In Europe, leading indices followed suit with Paris and Frankfurt both closing more than two per cent lower. The sharp falls came as Bank governor Mervyn King was forced to downgrade his forecasts for growth amid charges that he had been “wildly optimistic” in his earlier projections. The Bank now expects a “choppy recovery” with growth averaging 2.7 per cent in 2011, down from its forecast in May of 3.4 per cent, as chancellor Osborne’s public spending cuts, outlined in his June Budget, begin. The Bank for the first time also indicated that there was an outside chance that the economy could dip back into recession, with its forecasts for growth suggesting that it was factoring in a three per cent likelihood of a renewed downturn.Labour’s Lord Myners said King had “pointed the finger squarely at the government” in citing reduced confidence, limited credit and fiscal consolidation as “the things bearing down” on economic activity.King’s downbeat outlook came as official data showed that the economy added workers at the fastest rate since 1989 in the three months to the end of June, but economists warned it would still not be enough to offset huge public sector job cuts in the offing. Employment jumped by 184,000 to 29m, the Office for National Statistics said, while unemployment on the International Labour Organisation measure fell by 49,000 to 2.45m.But the government was quick to play down fears of a double-dip recession with employment minister Chris Grayling hailing the figures as a “good step in the right direction” and energy secretary Chris Huhne insisting the UK has “strong forces pushing us towards prosperity”. Meanwhile, across the Atlantic the US monthly trade gap grew by a steeper-than-expected 18.8 per cent between May and June to $49.9bn (£31bn) – the highest since October 2008. Emerging just a day after the Federal Reserve’s renewed push toward monetary easing, the data confirmed fears of a weakening economic recovery. Share whatsapp Show Comments ▼ whatsapp Tags: NULLlast_img read more

CITYJET TAKES ON NEW CHIEF EXECUTIVE

first_img DUBLIN-BASED airline CityJet has hired Christine Ourmieres as its chief executive, following Geoffrey O’Byrne White’s departure last month after 10 years at the company. Ourmieres joins from Air France KLM – which controls 100 per cent of City Jet. CityJet is the largest operator at London City airport, and accounts for half of all traffic. KCS-content Show Comments ▼ whatsapp Wednesday 1 September 2010 8:01 pm Share center_img CITYJET TAKES ON NEW CHIEF EXECUTIVE More From Our Partners Brave 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.orgKiller drone ‘hunted down a human target’ without being told tonypost.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.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comWhy people are finding dryer sheets in their mailboxesnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsAll Things Auto | Search AdsBuick’s New Lineup Is Truly StunningAll Things Auto | Search AdsThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save ThousandsThe No Cost Solar ProgramBrake For ItThe Most Worthless Cars Ever MadeBrake For ItSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute Workout whatsapp Tags: NULLlast_img read more

Commodities drive surge in food inflation

first_imgTuesday 7 September 2010 11:08 pm whatsapp Tags: NULL KCS-content Show Comments ▼ 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 The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search Adsautooverload.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 Commodities drive surge in food inflation center_img Share whatsapp FOOD price inflation surged to its highest level in more than a year as rising commodity prices fed through into the supermarkets, the British Retail Consortium (BRC) will say today.The BRC’s monthly shop price index shows that annual food inflation increased to 3.8 per cent in August from 2.5 per cent in July, the highest level since July 2009. In contrast, non-food inflation slowed to 0.5 per cent on a year earlier. Stephen Robertson, director general of the BRC, said: “Past rises in the cost of global commodities, such as wheat and sugar, are filtering through to food prices. In response, retailers are offering more deals with milk and bread particularly competitive battlegrounds.”However, he added that food price inflation is nowhere near the return of the double-digit food inflation of two years ago.Although non-food inflation eased in August, the BRC anticipates a pick up in prices in the coming months. “Over the coming months, we expect non-food inflation to experience weak downward pressures, but remain relatively stable, as competition among retailers intensifies in the run-up to Christmas,” the BRC said. It added: “With the new 20 per cent VAT rate coming into effect in January, non-food inflation is likely to rise sharply in the first quarter of 2011.” Nonetheless, with a third of groceries already on promotion and consumer demand likely to remain lacklustre, the BRC expects retailers to continue to use discounts and promotions to drive sales in the coming months, keeping shop price inflation low. More From Our Partners 980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.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.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPuffer fish snaps a selfie with lucky divernypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comlast_img read more

ANALYST VIEWS: WHAT DO YOU MAKE OF BURBERRY’S UPDATE?

first_imgWednesday 13 October 2010 7:55 pm Tags: NULL whatsapp Show Comments ▼ MANOJ LADWA | ETX CAPITALBurberry reported a sparkling set of second quarter figures as demand for its goods continues to buck the general trend. Its decision to take control of its franchised stores in China could stand it in good stead going forward, as it seeks to capitalise in this area.KATHARINE WYNNE | INVESTECWhilst the temptation must be to lock in some profit after the very strong run Burberry has enjoyed over the past quarter, we continue to find the global growth profile highly attractive.CHRIS ALEXANDER | BNP PARIBASWe saw a continuation of the strong retail like-for-like trend seen in the first quarter. The company continues to enjoy an attractive combination of earnings momentum, expansion in global growth markets and strong cash generation, and M&A speculation should provide a floor to the share price. More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside 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.org‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.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.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comConnecticut man dies after crashing Harley into live bearnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com Sharecenter_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.comPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCute whatsapp KCS-content ANALYST VIEWS: WHAT DO YOU MAKE OF BURBERRY’S UPDATE? last_img read more

CITY VIEWS: WOULD YOU SWITCH TO A FACEBOOK EMAIL ACCOUNT?

first_img Tags: NULL Tuesday 16 November 2010 8:09 pm whatsapp EMMA GALLIVAN | ANGLO ROMANIA BANK“I wouldn’t switch from my Yahoo account. I’m too used to it and have it customised. Another problem is that my work bars Facebook from our computers so I wouldn’t be able to access my email there.”JOHN PICKETT | LLUK“I’m very IT literate and I will be sticking to my Gmail account. I don’t have a Facebook account and I don’t want one so I don’t see why I’d use their email. I have a problem with the security and privacy of Facebook.”PAUL KINGDON | AMPHORA“Facebook is for women and single men and I’m neither. I use Yahoo and email is one of the few things they do well. I’d be interested in seeing what it is like but I doubt I’d make the switch.” Share Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure Solutionmoneycougar.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 FollowAlphaCuteBlood Pressure For LifeWhy Doctors May No Longer Prescribe Blood Pressure MedsBlood Pressure For LifeLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver Healththedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comcenter_img whatsapp 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 Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe 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 CITY VIEWS: WOULD YOU SWITCH TO A FACEBOOK EMAIL ACCOUNT? KCS-content last_img read more

CITY MOVES | WHO’S SWITCHING JOBS

first_img CITY MOVES | WHO’S SWITCHING JOBS Show Comments ▼ whatsapp Cheyne Capital ManagementCheyne Capital Management has appointed a new partner, after a period of new inflows and clients since 2009 and the launch of several funds. John Hyman will join the firm to develop its equity business, launch new products and generate research ideas.Hyman has 23 years’ experience in equities. He is moving over from Morgan Stanley, where he has worked for 17 years as co-head of global capital markets and oversaw all of the bank’s equity transactions in Europe, the Middle East, Africa and Asia between 2005 and 2009. Before joining Morgan Stanley he worked for Lehman Brothers.OBSR OBSR, a Morningstar company that provides independent investment fund research and advice, has made two new additions to its research analyst team. Richard Whitehall and Diego Higuera will join a team led by Ruli Viljoen, head of investment research, swelling the ranks of his analysts to a total of 17.Whitehall will be doing research on UK and global equities and funds, having worked at a boutique investment firm. Higuera will be focusing on emerging markets, Asia, North America and absolute return. In the past he has conducted fund management research and selection.AmbitionAmbition, the global specialist recruitment company, has named Guy Day as its new CEO. He is currently the company’s regional MD of the business in Asia and the UK but he will now be in charge of Australia as well, from January next year. Day has been at Ambition since January 2001 when he was responsible for launching its Asian operations.IPC Systems Richard Petrie is joining IPC Systems as VP of network operations for Europe, the Middle East and Africa. In this new role, he will be in charge of driving growth and expansion, particularly in the European market. The firm’s on-net community now includes 4,000 people with direct connectivity to over 1,000 financial firms and over 40 exchanges globally. Petrie moves over from COLT Telecommunications, where he was head of product and solution services. Before that, he was global head of network services at eSpeed, the electronic trading platform of BGC?Partners.Moelis & Company Michael Findlay has been announced as new managing director of the independent global investment bank Moelis & Company, to be based in London. Findlay has 20 years’ experience working with clients in equity markets, having advised on capital markets on a range of issues, including strategic transactions. In the past, he has been managing director and co-head of Europe, the Middle East and Africa at Merrill Lynch, leading relationships with numerous FTSE?250 clients and advising on a number of mergers and acquisitions. Fundsmith The new asset management company, Fundsmith, has announced the appointment of Conrad Rey as sales director. Rey will be responsible for marketing to independent financial advisers, wealth managers and multi-managers. Before moving to Fundsmith, he worked at Standard Life Investments as an investment director. In the past he has also worked at Gartmore Fund Managers and Prudential-Bache Securities. The addition follows on the heels of its recent hiring of Catherine Evans as institutional sales director.ShazamThe mobile discovery provider Shazam has appointed Evan Krauss as executive VP of advertising sales. He joins from JumpTap, where he was senior VP of global ad sales and business development. Previously, he spent six years at Yahoo!?where his latest role was as MD of Yahoo!’s connected life business unit.AXA Real EstateAXA Real Estate, the property manager with €39.5bn assets under management, has announced the appointment of Olivier Thoral as head of North America. He will start immediately and will be in charge of growing the business in his region and coordinating US activities.DTZDTZ has named a new investment director. Stuart Spalding joins with 16 years’ experience in investment.Canada Life InvestmentsCanada Life Investments has announced the appointment of David Marchant as head of securities. He will be responsible for overseeing the fixed income and equity desks in a role that has been created in order to build the firm’s investment franchise. Marchant has 25 years’ experience, having been head of global equities at Insight Investment, before which he worked at Equitable Life. KCS-content center_img whatsapp Share Tags: NULL Wednesday 17 November 2010 7:56 pmlast_img read more

CORPORATE TAX REFORMS

first_img Share CORPORATE TAX REFORMS Q.HOW LONG BEFORE ANY CONCRETE PROPOSALS?A.The consultation is likely to last for around six months. The Treasury then intends to bring forward permanent reforms to the CFC?regime in 2012. In the meantime the Treasury is proposing to put forward interim measures regarding the CFC regime in a Finance Bill next year. Q.WHAT IS BEING PROPOSED BY THE GOVERNMENT?A.The discussion paper puts forward proposals for foreign branch opt-in exemptions which it says will simplify the current tax regime. Currently UK companies are subject to corporation tax on the profits of their foreign branches, with credit given for foreign tax paid on the same profits, in order to relieve double taxation. Under the new proposals The Treasury proposes to exempt foreign branch profits in a similar way to the way in which foreign branch dividends were exempted in 2009. However the ABI has already raised concerns the transitional proposals – they will only be effective for one year – will be too complicated and drive more businesses overseas. Q. WILL THE UK REMAIN A SAFE PLACE FOR CORPORATE ASSETS?A.It would appear the answer is yes. Despite the move to a more territorial tax regime, the proposals do not apply to everything. So, tax deductions for debt taken out in the UK and invested offshore, in a foreign branch, will not be reformed. Currently, a company can claim a tax deduction in the UK for the interest paid on debt but the UK receives no taxable return on that investment. whatsapp Tags: NULL whatsapp 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 KCS-content Monday 29 November 2010 8:43 pm Show Comments ▼last_img read more

HSBC in $9bn suit over Madoff fraud

first_img HSBC is being sued for at least $9bn (£5.7bn) for allegedly aiding Bernard Madoff’s $65bn Ponzi scheme. Irving Picard, the court-appointed trustee charged with liquidating Madoff’s investment firm and recovering funds for its victims, alleges 24 counts of financial fraud and misconduct against HSBC and its affiliates. The lawsuit filed on Sunday claims HSBC helped establish an international network of “feeder” companies that diverted funds to Madoff’s investment advisory business. This helped “fuel and extend Madoff’s Ponzi scheme across international borders,” a statement from Picard’s office says. He has named a series of defendants, including directors and managers in the funds’ management companies, accused of aiding and abetting the fraud. He alleges the defendants, who include Sonja Kohn, Genevalor, Mario Benbassat and his sons Albert and Stephane, Bank Medici and Unicredit, were “well aware” of signals that the deals were fraudulent.“Had HSBC and the defendants reacted appropriately to such warnings and other obvious badges of fraud outlined in the complaint, the Madoff Ponzi scheme would have collapsed years, billions of dollars, and countless victims sooner,” Picard said. HSBC had both flagged concerns with and received warnings about Madoff’s investment practices from KPMG, its accountant, he said. The suit claims the institutions involved had the sophistication to understand the fraud and participated knowingly. HSBC said it was “defending itself vigorously”against the claims. “HSBC believes that the US court-appointed trustees’ claims of wrong-doing are unfounded,” a spokesman said.Picard has filed Madoff-related suits against several banks, including UBS and JP Morgan, to date. KCS-content HSBC in $9bn suit over Madoff fraud Monday 6 December 2010 8:42 pm whatsapp Read This NextFresh Fruit Sushi: Recipes Worth CookingFamily ProofCreamy Pumpkin Soup: Delicious Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily Proof’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofA Once in 17 Years Cicada Event in Princeton, New JerseyFamily Proof Show Comments ▼center_img Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Herald whatsapp Tags: NULLlast_img read more

Bob Dudley gets another chance to succeed in Russia’s oil market

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 WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap Monday 17 January 2011 9:22 pm Bob Dudley gets another chance to succeed in Russia’s oil market KCS-content 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 PastSerendipity 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 Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com whatsappcenter_img whatsapp BP’s latest attempts to expand in Russia will be a chance for chief executive Bob Dudley to mend his relationship with the country, following his troubled time as president of TNK-BP, the firm’s ongoing joint venture in the country. Dudley was forced to leave Moscow in 2008 when his visa was not renewed, following a dispute between BP and fellow TNK investors Alfa-Access-Renova (AAR) that saw the Russian police raid the firm’s offices and what Dudley said was “sustained harassment” from officials. AAR, run by a quartet of Russian oligarchs, said it would consult its lawyers about whether BP’s latest deal breaks conditions of its TNK-BP agreement, which were renewed in January 2009, that give the venture first refusal on BP’s Russian explorations in the country. Bob Dudley met with AAR representatives during his visit to Russia last week, where he also spoke to Russia’s Deputy Prime Minister and Rosneft chairman Igor Sechin. Meanwhile, a BP boss predicted in 2008 that TNK-BP would eventually be taken over by Rosneft, according to a leaked US embassy cable reported in the Guardian. Share Show Comments ▼last_img read more

Bankers urged to address poverty

first_img Show Comments ▼ KCS-content Tags: NULL Thursday 27 January 2011 8:38 pm whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal 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 AthletesBetterBeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsAlphaCute30 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 Farmcenter_img More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comPuffer fish snaps a selfie with lucky divernypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com whatsapp Share Bankers urged to address poverty POVERTY and unemployment reared their heads at the World Economic Forum yesterday, with speakers urging the elite audience to bridge a growing gap between booming multinationals and the jobless poor.Greek Prime Minister George Papandreou said the global crisis had led to an “unsustainable” race to the bottom in labour standards in developed nations. Maurice Levy, chairman and chief executive of French advertising giant Publicis, said: “People do not understand that these large corporations are doing extremely well, while their lives have not improved.” last_img read more