TRICHET CONFIDENT ON BANK DEBT REFINANCING

first_imgThursday 12 August 2010 7:54 pm Share KCS-content TRICHET CONFIDENT ON BANK DEBT REFINANCING 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 HeraldCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy FanBetterBe20 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 Herald Show Comments ▼ The massive €1.3 trillion of debt refinancing that Euro-zone banks need to carry out by the end of 2013 is manageable as long as funding markets normalise, the European Central Bank said yesterday. The ECB – headed by Jean-Claude Trichet (pictured) – said banks would have to step up their refinancing efforts in the coming months. center_img whatsapp whatsapp More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comWhy people are finding dryer sheets in their mailboxesnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com Tags: NULLlast_img read more

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Ex-Tomkins boss Hutchings is disappointed by sale price

first_img whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof THE former boss of engineering group Tomkins yesterday attacked the £2.9bn takeover of the firm as “disappointing” for shareholders.Greg Hutchings, who spent 17 years with the firm, said yesterday the proposed takeover of the British engineering group by US private equity Onex Corporation and the Canada Pension Plan Investment Board was “disappointing” for shareholders. He added: “I am amazed that some shareholders are happy to see Tomkins being sold at the bottom of the market.”Hutchings was not the only person to put up a public protest of the takeover. On Tuesday, Standard Life Investments, criticised the takeover and said that the transatlantic offer “undervalues Tomkins’ future”.But the takeover has already received an overwhelming approval from 90 per cent of Tomkins shareholders, which voted the deal through on Tuesday.Among those voting in favour of the deal were Schroders and Aberdeen Asset Management. whatsapp Wednesday 1 September 2010 7:53 pm Tags: NULL KCS-content Ex-Tomkins boss Hutchings is disappointed by sale price Share Show Comments ▼last_img read more

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Peer-to-peer lender reaches £100m in arranged loans and expects to grow

first_img whatsapp whatsapp Thursday 30 September 2010 10:19 pm Tags: NULL ONLINE peer-to-peer lender Zopa has smashed past the £100m arranged loans mark as demand for alternative banking surges.The bank says the success of its model, where individual lenders and borrowers agree their own terms, is partly a reflection of low interest rates. Chief executive Giles Andrews told City A.M. he expects the firm to rapidly increase its share of the UK lending market from one per cent over the next few years.He said: “There is no reason we can’t have 10 or 20 per cent of the market. There are far more people wanting to borrow than there are lenders.“We have the best performing loan book in the UK, better than the high street banks with a default rate of just 0.7 per cent. Zopa provides hard evidence that person-to-person lending works and can be hugely beneficial for both borrowers and lenders. “Both groups have enjoyed a far better deal than the banks offer. Given the banks show no sign of reducing the huge spreads they charge between borrowing and lending, we are sure this growth will continue.” KCS-content Sharecenter_img 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.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.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.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.com Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical GeniusUndo Peer-to-peer lender reaches £100m in arranged loans and expects to grow Show Comments ▼ last_img read more

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Mayer Brown transfers secretaries to TMF Group

first_img whatsapp whatsapp INTERNATIONAL law firm Mayer Brown has sold its UK corporate secretarial arm to outsourcing group, TMF.The move will see five secretaries, who work for the law firm’s corporate support unit in the City, transfer over to TMF at the end of the month. At Mayer Brown, the secretaries supported the firm’s corporate department by drafting documents, including court papers, and compiling information from Companies House. The deal is part of a string of acquisitions for TMF within the last four years, after it acquired secretarial services from magic circle law firm Clifford Chance late last year. TMF also struck a similar deal with accounting firm Ernst & Young in 2006. Mayer Brown will continue to use TMF for back-up support on corporate deals.Peter Dickinson, who heads up Mayer Brown’s City corporate practice, said: “The sale of our UK company secretarial business to TMF forms part of our ongoing strategy of focusing on our key strengths.” 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 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 WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Share Tags: NULLcenter_img Monday 4 October 2010 8:22 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.comPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople Today Show Comments ▼ Mayer Brown transfers secretaries to TMF Group KCS-content last_img read more

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Outlook for housing market uncertain as remortgaging falls to ten-year low

first_imgTuesday 12 October 2010 8:36 pm Outlook for housing market uncertain as remortgaging falls to ten-year low whatsapp Share Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap whatsapp THE days of excessive mortgage lending seen prior to the credit crunch will not return, the Council of Mortgage Lender’s (CML) director-general, Michael Coogan said yesterday, as its latest figures showed remortgage activity had fallen to its lowest level in over a decade.August saw 25,000 remortgages advanced by lenders, accounting for 25 per cent of all loans made in August. The number of loans was down 13 per cent on the previous month and 19 per cent lower than a year ago. The total number of mortgages fell eight per cent in August to 51,600. Of those around a third were loans to first time buyers, a decline of five per cent from July most likely the result of tighter lending criteria and higher deposit requirements, which remain on average above 20 per cent.The comprehensive spending review would further dampen consumers’ appetite to borrow this year, said Coogan.He added he expected lending to slow significantly towards the end of the year while the outlook for 2011 was “uncertain”. Tags: NULL Show Comments ▼ KCS-content last_img read more

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Booker buys Courivaud to boost its hotel trade

first_img Booker buys Courivaud to boost its hotel trade KCS-content Share Thursday 14 October 2010 8:22 pm whatsapp whatsapp More From Our Partners Brave 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.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comConnecticut man dies after crashing Harley into live bearnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comcenter_img CASH and carry giant Booker yesterday bought a rival which supplies Michelin-starred restaurants and leading hotel chains.It paid £14.5m for Ritter-Courivaud, which counts chef Rick Stein among its customers.Booker wants to expand the range of its catering offering through Ritter, which will remain under the management of Ian Le Vesconte.Chief executive Charles Wilson said: “We want it to keep doing a great job for its customers, but we can offer scale, such as introducing Ritter sections in Booker outlets.”Booker has also spent £4.5m on Classic Drinks, which supplies beer, spirits and soft drinks to pubs.The firm posted pre-tax profits of £36.9m for the 24 weeks to 10 September on sales up 5.5 per cent at £1.7bn. The firm said it has appointed Guy Farrant, a former director of food at Marks & Spencer as managing director of UK business. Show Comments ▼ Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndo Tags: NULLlast_img read more

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Algo crackdown is an awful idea

first_img HIGH frequency traders are getting a bad press at the moment. They have been widely blamed for the so-called “flash crash” on 6 May, and the latest noises coming out of the European Commission suggest that when its review of the Markets in Financial Instruments Directive (MiFID) is finalised next year it may well look at curbing the activities of these traders, who trade using computer algorithms, or algos, largely without human intervention. The EC would be wrong to do so. High frequency trading is a big deal. Statistics released by the New York Stock Exchange show that in one week in late May this year up to 60 per cent of trades on the exchange were down to high frequency and algorithmic traders. Many in the markets have been calling to curb the influence of these traders by slowing down speeds, limiting the numbers of orders and restricting co-location (the practice of locating a trader’s computers alongside exchange servers) as well as increasing the use of circuit breakers such as automatic pauses and introducing limit up/limit down technology.It is fashionable to look at ways of curbing the high-frequency traders’ activities, but in fact they are simply a natural progression from the move to screen-based electronic trading in the mid 1980s. They steal a head start on their competitors by using technology and leveraging off the inefficiencies inherent in European markets. When Luddism and a sneaking feeling that there is something somehow wrong in algorithmic trading is left to one side, it’s hard to see what is wrong with them. Algos are not even as bad as their opponents say. Apocryphal stories immediately after the US flash crash blaming it all on the algorithmic and high frequency traders for “turning off their algos” at the crucial time and causing or exacerbating the free-fall do not appear to have been true. In fact, the CFTC/SEC joint report into the flash crash, which was issued on 30 September 2010, not only points to a large order placed by a broker via an algorithmic programme as a probable tipping point in the crash, it also says that early sell pressure was absorbed by algorithmic and high frequency traders. The evidence suggests that high-frequency trading adds significant liquidity to the markets and is therefore beneficial. And anyway, the EC is in no position to grumble about these traders. Xavier Rolet, CEO of the LSE, has observed in numerous speeches that algorithmic and high frequency traders were created by the regulators. MiFID swept away the monopolies previously enjoyed by incumbent exchanges leading to today’s proliferation of alternative trading venues which in turn spurred a technological arms race and price war between competing venues. This opened the doors to algorithmic and high frequency trading strategies while (largely) de-regulating proprietary trading. The result of increased competition and the changes to the execution landscape has doubtless surprised both legislators and regulators. But they might spend their time more profitably worrying about how to maintain liquidity and improve price discovery in the European markets, which have been damaged by its fragmentation, and exacerbated by the decision not to introduce a US style consolidated tape that shows the best price across all trading venues. Some of the ideas around high frequency trading are good – circuit-breakers, for example, would prevent automated trades from running away with themselves. But a wide-ranging clamp-down would be both hypocritical and anticompetitive. No doubt the creators of MiFID are surprised by some of the consequences of the market’s deregulation, but that is the nature of a free market. Any moves to curb high frequency trading in the review would be a backward step. Vincent Mercer and William Garner are financial services partners at Speechly Bircham Share Tuesday 19 October 2010 7:19 pm More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.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.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comWhy people are finding dryer sheets in their mailboxesnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com whatsapp Algo crackdown is an awful idea whatsappcenter_img KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe 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 Show Comments ▼ Tags: NULLlast_img read more

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Danone sours views despite sales jump

first_img Tags: NULL Danone sours views despite sales jump whatsapp Show Comments ▼ FRENCH food group Danone warned yesterday the economic landscape would continue to hit sales in Europe, as it posted a 15 per cent growth in third-quarter revenue to €4.35bn (£3.86bn) after strong dairy sales in emerging markets. The world’s biggest yoghurt maker maintained its full-year targets after offsetting a 2.1 per cent like-for-like sales growth in Europe with 15 per cent growth in Asia in the quarter. “Danone assumes that the financial, economic and social crises will continue to weigh on consumption in Europe, while emerging markets are expected to keep developing well,” the group said.Shares in the company rose 4.9 per cent to €45.49 in Paris trading, the second-largest gainer on the CAC 40 index of French blue chips and close to a three-month high for Danone. Danone also said it would buy back around €500m of its shares, possibly from this year, with cash from the sale of non-strategic stakes in Chinese group Huiyuan and Russian company Wimm-Bill-Dann.All four of Danone’s four divisions enjoyed solid quarterly growth, with its water products posting particularly strong sales due to a hot summer in Japan and across Europe. “[The results statement] confirms our expectations that 2010 should be a fairly strong year for Danone,” Bernstein Research analyst Andrew Wood said. “Danone is on its way to delivering strong, best-in-class top-line growth and balanced operating performance consistently following several years of turbulence.” Danone kicks off the earnings season for Europe’s food giants, with Nestle due to report today and Unilever on 4 November. whatsappcenter_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 PastThe Sports DropForgotten College Basketball Stars: Where Are They Now?The Sports DropBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTaco RelishOnly People With An IQ Of 130 Can Name These ItemsTaco RelishMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUpbeat NewsThese 25 Celebrities Ruined Their Career in a Matter of MinutesUpbeat News KCS-content More From Our Partners UK teen died on school trip after teachers allegedly refused her pleasnypost.comA 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.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.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.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com Thursday 21 October 2010 8:43 pmlast_img read more

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Reuben brothers plan new tower

first_img Tags: NULL THE BILLIONAIRE Reuben brothers’ property firm has applied for planning permission for a 42-storey tower in the Paddington Basin, ramping up its redevelopment plan for the area. European Land and Property, a joint venture between the Reubens’ firm Aldersgate and the Jarvis family trust Pearcroft, altered its planning application earlier this month to include the new tower, which has already been nicknamed “the Cucumber”.The 140m-tall development would have enough space for 222 flats and a 90-room hotel on the 1 Merchant Square site, according to documents filed with Westminster Council. If construction goes ahead, the Robin Partington-designed building will be the tallest in Westminster. The firm has finished most of its redevelopment work at Paddington Basin, which is now home to the head offices of Orange and Marks & Spencer, as well as the Paddington Walk apartments. Around 100,000 square feet of office space was recently put on the market, with DTZ and Jones Lang LaSalle acting as leasing agents. There are also several rother esidential blocks completed near the Grand Union Canal, which are being marketed by King Sturge. European Land and Property won planning permission for an earlier guise of the 42-storey mixed-use development in 2007, after months of wrangling with Westminster Council, which still needs to approve the new plans. The company has been working on the 3.2 acre site since 2006, shortly after government plans for a new hospital fell through as development costs spiralled. Reuben brothers plan new tower 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 PastZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAdventure CrunchHere Are the Most Famous Pro Wrestlers From the Past TodayAdventure CrunchFinance BLVDThis Star from ‘Gilligan’s Island’ is 101 & lives a humble life nowFinance BLVDArticles StoneLittle Boy Brings $2 Painting To Antiques Road Show, Not Realizing Its WorthArticles Stonethedelite.comNetflix Cancellations And Renewals: 2021 Updatethedelite.comReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter Center 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 ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof Sharecenter_img Monday 22 November 2010 5:59 am KCS-content Show Comments ▼ whatsapp last_img read more

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Sports Direct profits surge in cold snap

first_img Share 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 ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof SPORTS Direct said the recent cold snap had been a “net positive” as winter products flew off its shelves, boosting its shares to a three-year high.Britain’s largest sports retailer said while other chains had been hit by the freezing temperatures, the temperatures had given it a lift,The company posted a 40 per cent rise in first-half profit, helped by a boost from this summer’s World Cup.It made an underlying profit before tax of £100.7m for the 26 weeks to 24 October, up from £71.9m in the same period last year.The results for the group, controlled by Newcastle United owner Mike Ashley, are in stark contrast to struggling rival JJB Sports which issued a profit warning earlier this month, blaming severe winter weather as a contributory factor.Chief executive Dave Forsey said: “With us you get a lot of product which is very appropriate for this type of weather and we would benefit from having a lot of winter coats, footwear, gloves, hats and scarves.”He said snow-related disruption in parts of the country had also driven traffic to the internet business of the group which owns Sports World and Lillywhites stores as well as brands including Slazenger, Lonsdale and Dunlop.Forsey said a step-up in Sports Direct’s television advertising in December was not designed to hit JJB while it was in trouble. “We concentrate on our own business,” he said, noting the campaign was designed “to reinforce the value that we offer and the range of products that we offer in these times.”Sports Direct said that although it was anticipating a tough start to 2011 it was confident of reaching its full-year target at the end of April of underlying earnings of £195m, including a £10m staff bonus pot. whatsapp Tags: NULL Sports Direct profits surge in cold snap whatsapp Thursday 16 December 2010 7:58 pmlast_img read more

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