BP gets $5bn loans on oil sales

first_imgMonday 16 August 2010 8:43 pm Tags: NULL BP gets $5bn loans on oil sales by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyCrowdy 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 HeraldTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading Blvd KCS-content Sharecenter_img Show Comments ▼ whatsapp Beleaguered energy giant BP?has secured $5bn (£3.2bn) fresh financing by securing debt against its revenues from oil sales for the first time. It is understood the debt will be used to ease BP’s general liquidity position rather than to fund the $20bn escrow account set up to pay for damages caused by its gargantuan oil spill off the coast of Louisiana in the US. BP said the loans created “further flexibility for BP as an alternative form of financing in addition to its more conventional debt financing such as corporate lending”. 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 ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof whatsapplast_img read more

Cameron takes stock after 100 days in power

first_img Tags: NULL Cameron takes stock after 100 days in power TONY Blair, who releases his memoirs next month, says his biggest regret was not doing enough during his early years in power. He wasted his first 100 days – and indeed much of his first term – basking in the glory of Labour’s landslide win. By the time he turned his attention to public service reform, his popularity was waning, as was his ability to take on Gordon Brown, a powerful but disgruntled chancellor who was hell-bent on blocking Blair at every turn. The spectre of Blair’s big mistake haunts David Cameron, who took power in less auspicious circumstances 100 days ago. Although many observers expected a Tory-Liberal administration to be hamstrung with infighting and indecision, the fragility of the government has spurred it to do more, not less; both sides are acutely aware that a coalition – no matter how strong – is more likely to fall apart than a majority government. Time is not on their side. With this in mind, the government has been getting things done at a frenetic pace. Legislation is being rushed through the Commons at breakneck speed, using mechanisms originally designed for times of national emergency; Downing Street spinners have been instructed to make an announcement a day; laws have been repealed; and countless reviews have begun. Here City A.M. selects the events that have affected London’s financiers and businesses, and asks if more – or less – could have been done. EMERGENCY BUDGETGeorge Osborne’s emergency Budget, delivered in June, looms large over everything the government does. Faced with a parlous economic inheritance, Osborne has embarked on the toughest fiscal tightening in Britain’s peacetime history; most departments (excluding health and international aid) have been asked to cut spending in real terms by between 25 per cent and 40 per cent. The City had serious concerns about Osborne when he was in opposition, but, for now at least, he has protected Britain’s triple-A rating and kept the cost of servicing the national debt low. He also managed to see off a potential rebellion by brokering a compromise on capital gains tax, which went up from 18 to 28 per cent; high enough to satisfy tax-happy Lib Dems but low enough to convince Tory rebels to keep their powder dry. OFFICE FOR BUDGET RESPONSIBILITYThis was supposed to be Osborne’s big, bold move: an official forecaster that was independent of the Treasury, making it impossible for the chancellor to fiddle growth forecasts to fit his Budget. Advisers likened the move to Gordon Brown’s decision to hand interest rate setting powers to the Bank of England in 1997. Osborne always knew the OBR could create a rod for his own back, but he can’t have gambled on it causing so many problems so early on. Its inaugural head Sir Alan Budd has already stood down amid questions over his independence, and a replacement has yet to be found. Few can doubt the merits of an OBR, but its genesis has been nothing but trouble. FINANCIAL REGULATIONOsborne’s long-held dream of scrapping the Financial Services Authority and handing its powers to a beefed up Bank of England looked in jeopardy when the coalition was formed. Vince Cable, the Lib Dem voice on economics, was an ardent opponent. Still, Osborne got his way, albeit by convincing FSA chief Hector Sants to stay on board at the very last minute. Sants will oversee the disbandment of the FSA and then head up the new Prudential Regulation Authority (PRA), a subsidiary of the Bank. An Economic Crime Agency, promised by the Tories in opposition, seems to have hit the skids for now, however, showing the limitations of the government’s whirlwind approach. Although Osborne has won the argument on disbanding the FSA, the real test is whether the PRA is much better. BANKING COMMISSIONThere’s been a running joke in Westminster since the coalition took the reins of power. “A review a day keeps legislation away”. Reviews and commissions have become a useful device for kicking party differences into the long grass, not least in the area of banking. In opposition, the Lib Dems said the break-up of universal banks like HSBC and Barclays would be a precondition of any coalition deal, but they’ve had to make do with an independent commission instead. The make-up of the commission should worry the banking industry: consumer champion Claire Spottiswoode has already called for the separation of retail and investment banking, while Financial Times writer Martin Wolf argues for a similar approach in his columns. Even the bankers – ex-Barclays chief Martin Taylor and former JP Morgan banker Bill Winters – are said to be in two minds about the merits of the universal model. Sources say Osborne and Cable are not as divided on the future of banking as reports suggest: the spectre of a British version of Glass-Steagall could yet become a reality. TAX ANDRED TAPE Firms feel more at home with the pro-business noises coming from the new government, but there have been few actions to match the rhetoric. On the plus side, the headline rate of corporation tax will be cut by 1p-a-year for the next four years until it hits 24p – Britain’s lowest ever rate, while the government will reform the way in which foreign profits are taxed. But the government is planning to scrap the default retirement age and is pressing ahead with Harriet Harman’s equalities agenda, both of which will cost firms dearly. Hopes for a bonfire of red tape appear to have been just that. Tuesday 17 August 2010 7:46 pm KCS-content whatsapp Show Comments ▼ More From Our Partners Share whatsapplast_img read more

RESOLUTION

first_img Show Comments ▼ RESOLUTION Share whatsapp WHEN it comes to insurance, size matters and that’s the strategy Resolution is betting the farm on. After buying two insurers – Friends Provident and most of Axa’s UK life operations – it is clear that it’s now hunting down its next prey. The question for investors is whether Resolution, founded by insurance entrepreneur Clive Cowdery in 2008, can buy his way to the top by putting together disparate brands to create a successful business with £10bn of embedded value by 2012. Yesterday’s results, showing a pre-tax profit of £139m from a £7m loss the previous year with strong cash generation of £73m indicate that he is on his way. The numbers were buoyed by Friends Provident where sales were up 42 per cent at £458m proving Cowdery’s strategy thus far is working. It’s a high risk bet however. Failure to achieve planned synergies, overpaying and not being able to secure the cash to fund its strategy are all potential stumbling blocks. But with regulatory changes set to force insurers to hold more capital, those with deep pockets will win as smaller rivals wither. Tuesday 17 August 2010 8:05 pm 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 MirrorBrake For ItThe Most Worthless Cars Ever MadeBrake For ItTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite Heraldcenter_img 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 ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof whatsapp KCS-content Tags: NULLlast_img read more

TRADERS SEX UP THE DULL WORLD OF FOREX

first_img whatsapp Monday 23 August 2010 8:08 pm TRADERS SEX UP THE DULL WORLD OF FOREX whatsapp Share Show Comments ▼ KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmHero WarsBig Boss of internet games!Hero Warsmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.cominvesting.comCanceled TV Shows Announced: Full Updated Listinvesting.comthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comWorld LifestyleCouple Has No Idea Why Photo Goes Viral, Then They Notice This In The CornerWorld Lifestylezenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.com Tags: NULL THE THINGS that bored traders get up to when they get a minute, eh? The Capitalist chances upon an, err, enterprising website set up by a pair of forex traders, who claim to have cracked the conundrum of how to dispense a barrage of information to their peers while simultaneously holding their interest – by using the power of sex.“Winning traders have to truly be information junkies but the information is dull, boring, slow and not the least bit sexy,” reads the blurb on the website, FoxyForex.com. “So one day, while pouring over the crush of current releases and reports, my partner and I thought, ‘What if we could get the info we need to trade from ridiculously hot girls?’ “We are not the only ones doing this, far from it. But we are the only ones doing it with April, Crystal, Jenna, Nicole… you get the picture.”Unbelievably, they’re dead serious about the venture. A quick search around the website throws up semi-naked pictures and profiles of the “spokesmodels” – nestled alongside videos and blog posts from the girls on subjects such as the Fed’s decision to leave interest rates unchanged.“Better than bunnies and talking money,” is the slogan flashing excitedly at the top of the page.WINNING TORTOISEThe popularity of billionaire investor Warren Buffett, if it were ever in any doubt, has now achieved truly universal status.The press down under in New Zealand have been getting all excited in recent days over a children’s book written by a Kiwi investment adviser, Lucas Remmerswaal, who’s based the kiddies’ tome on the ideas and principles of Buffett himself.“The Tale of Tortoise Buffett and Trader Hare” apparently has the full blessing of the Berkshire Hathaway chief, who’s given his permission for Remmerswaal to use the information he dispenses to shareholders in letters each year.In case anyone’s not familiar with the original tortoise-and-hare story, the plot has everything you’d expect from a cautionary tale penned shortly after the financial crisis. A greedy investor rushing off to secure loans he can’t afford? Check. A wise old financier sticking to his more leisurely guns and keeping to more traditional principles of investment? Check. A stock market crash and subsequent bankrupting of said greedy investor? Check. The sage of Omaha is probably polishing his halo at this very moment…TELETUBBIES: EH-OHWill Lord Mayor Nick Anstee and his delegation of business grandees have anybody at all waiting for them in the audience when they arrive at the Shanghai Expo early next month?I only ask after hearing word of a peculiar entertainment line-up for the UK pavilion at the Chinese exhibition ahead of the arrival of the delegates, set to include LSE chairman Chris Gibson-Smith, Standard Life chairman Gerry Grimstone, Barclays vice-chairman Sir David Wright, Standard Chartered vice-chair Sir Thomas Harris and Mark Garvin, chairman of JP Morgan UK. Apparently, visitors to the pavilion in the days immediately preceding their arrival will be treated to performances by none other than the Teletubbies.MEMORY LANEA half year ticks by and we’re treated once again to the ramblings of Andrew Perloff, chairman of Panther Securities. Throughout his years at the helm of the group, Perloff’s humorous and varied tirades have gained him the dubious honour of the most-read chairman in the City, despite running a relative tiddler of a company.Yesterday’s half year results were no different, with a rant about service and inflated prices at utility companies turning into a trip down memory lane, recalling his father’s purchase of a grand old pub in Margate. The boozer was where Perloff himself cut his teeth in the world of work, having been chosen from his siblings to pull pints for the locals of Kent due to his “cheerful demeanour, quick wit and adding up ability”.“There was only one problem – I was 12 inches too short,” Perloff reminisces. “This problem was easily solved – I made a platform between the till and the beer pumps from four upturned solid beer crates. We were obviously exploited as child labour, but unfortunately we did not realise it as we were having such a wonderfully exciting, educationally useful fun time…”All very heart-warming, to be sure – and the ramblings certainly do the job. By the end of the lengthy tale, The Capitalist had almost forgotten Panther swung into loss over the first half of the year.ART OF SPINA lucrative coup for financial PR agency Tulchan, which yesterday sent out its first communications on behalf of its newest client – Canadian fertiliser firm PotashCorp, the target of the biggest takeover bid of the year.“We’re delighted,” preens a Tulchan spinner. “This is a fascinating time for the company and a fascinating deal…”Quite. Over on the other side, it’s business as usual: hostile bidder BHP Billiton has engaged Brunswick. last_img read more

Greene King toasts sales rise

first_img Greene King toasts sales rise Read This NextNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof Show Comments ▼ Tuesday 7 September 2010 10:57 pm Greene King has seen an upturn in sales thanks to its pub grub. The brewer and pub operator saw sales lift by 4.4 per cent in the last 18 weeks. Like-for-like food sales rose 8.6 per cent. However sales of Greene King’s own beer, which includes IPA, dropped five per cent. Chief executive Rooney Anand said: “The economic and consumer environment remains uncertain. However, we are confident of delivering another successful year for our shareholders.”He added that the business would continue to expand its managed pub operation, from its current near-900 pubs to around 1,100 sites. whatsapp whatsappcenter_img Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald KCS-content Tags: NULLlast_img read more

US defies China in currency row

first_img KCS-content US defies China in currency row whatsapp More From Our Partners A 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.orgKiller drone ‘hunted down a human target’ without being told tonypost.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.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com whatsapp Wednesday 29 September 2010 11:52 pmcenter_img Share 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.comUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndo Show Comments ▼ THE RISK of a global currency war escalated yesterday as the US passed a measure threatening trade with China in response to its efforts to keep the yuan undervalued. Politicians voted 348 to 79 in favour of a measure that would allow – but not require – the US Department of Commerce to assess levies on goods imported from China or other countries if it determines their currency policies amount to an unfair subsidy.About 100 Republicans joined with Democrats to pass the legislation.“The reason that I’m pushing China about their currency is because their currency is undervalued,” said President Barack Obama acknowledging that many believe Beijing is managing the yuan to make Chinese exports cheaper, while hitting US sales to China. In a sign of growing impatience at the slow pace of talks with Beijing, other politicians were more outspoken, with Republican representative Mike Rogers describing China’s efforts as “manipulation”. “They cheat to steal our jobs,” he told the House.The rules still require approval from the Senate and Obama himself, and are not expected to become law until after the congressional elections on 2 November. Many American politicians hope the threat of legislation will be enough to push the Chinese government into action. However, some economists are sceptical of the bill’s impact on America’s trade deficit. “We consume a lot. The Chinese save a lot. We’re going to run a trade imbalance with them,” said Derek Scissors, an economist at the Heritage Foundation think-tank. America has stepped up its pressure on China this month, with treasury secretary Tim Geithner pledging to use “all the tools we have” to halt the widening trade gap between the two economic powers. Obama met with Chinese premier Wen Jiabao at the UN last week, but aides reported that China continued to resist calls to revalue the yuan. The People’s Bank of China posted a statement on its website yesterday pledging to increase the flexibility of its currency, a move the central bank has made several times since cutting the yuan’s peg to the dollar in June. The currency rose two per cent against the greenback in the summer. Brazilian finance minister Guido Mantega warned on Tuesday that “we are in the midst of an international currency war” as countries attempt to boost their flagging economies by weakening currencies. Japan has already intervened in the foreign exchange market, buying around $21.5bn (£13.6bn) in dollars this month to weaken the yen. Tags: NULLlast_img read more

Kerzner rejects Brunei bid

first_imgThursday 14 October 2010 9:23 pm Share KCS-content whatsapp whatsapp Show Comments ▼ Brunei investment firm BMB Group yesterday said that it had made an unsolicited $3.4bn (£2.12bn) cash bid to buy Kerzner International Holdings, saying the luxury resorts operator has significant potential in Asia.Kerzner, which owns the Atlantis and One & Only Ocean resorts on Paradise Island in the Bahamas, hired private equity firm Blackstone Group in June to help address the restructuring of about $3.2bn in debt. The company rejected the Brunei advance.BMB, an investment and advisory firm backed by the Brunei royal family and a shareholder in Kerzner, said it was “highly supportive” of the company’s newest Atlantis resort in Dubai. However, it said it was unlikely to retain long-term ownership of Kerzner’s casinos.Kerzner is owned by a consortium of investors led by its chief executive officer, Sol Kerzner, who took the company private in 2006.Representatives for BMB, Kerzner, Blackstone could not immediately be reached for comment.Kerzner International’s operating income fell by 15 per cent last year on a drop in tourism stemming from the global financial crisis.BMB said it had built a multibillion-dollar real estate business through the acquisition of Contrarian Capital Partners and Alliance Capital Group, which have assets of more than $4.5bn.The bid was made by its BMB Advisors Malaysia Ltd subsidiary. Kerzner rejects Brunei bid More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.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.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comPuffer fish snaps a selfie with lucky divernypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com Tags: NULLlast_img read more

ANALYST VIEWS: WHAT DO YOU MAKE OF BP’S RESULTS?

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailThe Sports DropForgotten College Basketball Stars: Where Are They Now?The Sports DropMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUpbeat NewsThese 25 Celebrities Ruined Their Career in a Matter of MinutesUpbeat NewsElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldMoney VersedWoman Shares The 5 Words She Said That Left Her Boyfriend In AweMoney VersedZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald Tuesday 2 November 2010 9:51 pm whatsapp KCS-content whatsapp More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA 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.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org Sharecenter_img Show Comments ▼ TONY SHEPARD | CHARLES STANLEYBP is making progress. It is doing very well on the disposals and improving safety. It’s going ahead with investments too, which suggests a good deal of confidence.GREG SMITH | FAT PROPHETSOil and gas prices have meant higher production income despite a fall in actual production, which was expected given the moratorium in the Gulf. There was even talk of dividends. On the other hand, the cost of the clean-up is higher than expected, and the firm has systemic safety issues.JONATHAN JACKSON | KILLIK & COAs expected, the numbers were hit by a further provision for the Gulf spill, but we remain confident BP has the financial strength to cope with the final cost of the incident. ANALYST VIEWS: WHAT DO YOU MAKE OF BP’S RESULTS? Tags: NULLlast_img read more

BAA re-opens runway and apologises for chaos

first_img Share KCS-content Tags: NULL AIRPORT operator BAA last night re-opened the southern runway at Heathrow airport in a bid to end the snow chaos that has left thousands of passengers stranded.Airport bosses hope the move will help them to reduce the delays and cancellations caused by the weather, with 700 flights axed yesterday and only a third of services taking off during the day.Despite the runway opening and snow being cleared from aircraft docking bays, thousands of passengers were expected to spend another night camping out at the airport last night.BAA’s chief executive Colin Matthews apologised for the disruption but warned it could be some time before normal operations resume.He said BAA was arranging more hotel rooms, setting up marquees for stranded passengers, asking its office staff to turn up for duty to help travellers and bringing in extra contractors to clear snow.Prime Minister David Cameron said the disruption was understandable given the severe weather, but said he was frustrated that it was taking so long for the situation to improve.It is understood that a shortage of space at Heathrow to store the quantity of de-icer needed to tackle the problems had emerged as a key cause of the travel chaos that has hit thousands of passengers at the UK’s biggest airport days before Christmas.Elsewhere, international train operator Eurostar said it hoped to run a near normal service today. More From Our Partners Matt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller 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.com whatsapp Show Comments ▼ BAA re-opens runway and apologises for chaos whatsapp Tuesday 21 December 2010 8:30 pm last_img read more

Aviva loses its European chief

first_imgWednesday 19 January 2011 8:47 pm More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.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.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Insurer Aviva is replacing its head of Europe for the second time in 18 months, after Andrea Moneta left the firm. Britain’s second-biggest insurer by market value said Moneta, the former chief financial officer at Italy’s UniCredit Group and ECB employee, would leave the company at the end of February. Igal Mayer has been appointed chief executive for Europe with immediate effect and will be succeeded by Richard Hoskins, the current chief financial officer of North America. Aviva loses its European chief Share Tags: NULLcenter_img 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 PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com Show Comments ▼ whatsapp KCS-content whatsapplast_img read more