Westpac warns of gloomier outlook

first_img 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.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.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comRussell 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.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org AUSTRALIA’S Westpac Banking Corp said its third-quarter cash profit jumped 27.3 per cent, but joined rivals in sounding a cautious tone about prospects amid rising costs, global uncertainty and lukewarm lending growth.Australia’s second biggest home loan lender said third-quarter cash profit rose to A$1.4bn (£900m), just short of analyst expectations of A$1.5bn, but putting it well on track for a record annual profit.But Westpac, which predicted further improvements in its businesses, also sought to cool expectations, saying a plethora of challenges clouded its outlook.“Like all the banks, they’re talking about the increased cost of borrowing money in the global markets. That’s likely to have an impact going forward,” Peter Vann, a fund manager at Constellation Capital said.Analysts added that while Australia’s banks need to raise lending rates to offset some of the higher funding cost, they risked a customer backlash if they moved too fast too soon.“The Australian economy is robust but conditions in Europe and signs of slowing growth in the US continue to create global uncertainty,” chief executive Gail Kelly said. KCS-content whatsapp whatsapp Share Monday 23 August 2010 7:40 pm Westpac warns of gloomier outlook Show Comments ▼ Tags: NULLlast_img read more

GE talks up $30bn war chest

first_imgWednesday 1 September 2010 8:21 pm GENERAL?ELECTRIC could spend up to $30bn (£19bn) on acquisitions over the next two to three years while continuing to raise its dividend and buy back shares, a top official said yesterday.But John Rice, a vice chairman of the largest US conglomerate, cautioned that “$30bn-ish” figure is not a commitment to spending.“That doesn’t mean that we’ll spend that money; it doesn’t mean that we won’t do more with the dividend or with the buyback,” Rice, who heads the company’s technology infrastructure unit, told investors.“If we were to conclude that there aren’t the deals out there that make sense, we might do less than that. We’re not going to chase bad deals just so that we can say we spent ‘X’ billion on M&A,” he said.Executives at GE, who spent much of the past few years jealously guarding the company’s cash as it rode out a brutal downturn that shook its hefty finance arm, have changed their tone since the company broke a nine-quarter streak of profit declines in the second quarter.The world’s largest maker of jet engines and electric turbines said in July that it would raise its dividend — which it had slashed during the recession — by 20 per cent starting in the third quarter, a move that came earlier than Wall Street had expected.It also said it would resume buying back its shares, a practice it had suspended in September 2008. The board has authorised it to buy back up to $11.6bn in shares. whatsapp Share whatsapp Tags: NULL More From Our Partners Police 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.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida 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.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comConnecticut man dies after crashing Harley into live bearnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comWhy people are finding dryer sheets in their mailboxesnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutAll 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 ProgramLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailHero Wars This game will keep you up all night! Hero Wars Serendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity Times GE talks up $30bn war chest Show Comments ▼ KCS-content last_img read more

Taylor Wessing bolsters financial disputes group with BLG poach

first_img whatsapp Tags: NULL whatsapp KCS-content Share Sunday 3 October 2010 10:48 pm Show Comments ▼ CITY law firm Taylor Wessing has bolstered its financial disputes practice after poaching Barlow Lyde & Gilbert’s (BLG) head of financial services. Tim Strong, who has led BLG’s financial services practice since October last year, will join Taylor Wessing within the coming months after more than a decade with the insurance-based firm.His departure from BLG is one of a number of exits by partners from the financial services practice within the last year after regulation expert Ian Mason recently left for Baker & McKenzie. Strong will join Taylor Wessing’s City base and the firm’s 104-partner commercial disputes group.Shane Gleghorn at Taylor Wessing said Strong’s reputation of acting in significant financial disputes and regulation investigations will help the firm in its strategy to grow the practice. Strong recently advised a private equity house on a £250m dispute with lenders over the acquisition financing for a stake in a European bank.BLG’s senior partner Simon Konsta said he hoped it “all goes well for Tim at Taylor Wessing”. More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA 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.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Taylor Wessing bolsters financial disputes group with BLG poach last_img read more

NHS should not be shielded from the axe

Monday 18 October 2010 8:01 pm NHS should not be shielded from the axe by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Herald SEVERAL commentators recently have noted that public spending is set to rise in cash terms. Even after adjusting for inflation, total managed expenditure is set to fall by only 3.6 per cent. Can this really be so tough?Answer: emphatically, yes. Even at the overall level, a fall of 3.6 per cent is very significant. The maximum peak-to-trough cuts Mrs Thatcher achieved were 3.1 per cent, and that was during the mid-1980s boom when unemployment was falling and so benefits costs dropped. The largest inflation-adjusted cuts achieved since WWII were those imposed by the IMF in the mid-1970s – four per cent – but these only lasted two years before spending rose again, whereas the coalition cuts programme will involve cutting for four straight years.DEEPER THAN THATCHER’S CUTSSo the coalition cuts are going to be deeper than Thatcher’s, without the benefit of a boom, and much longer-lasting than the IMF’s. But this only scratches the surface of the challenge. For a start, the UK’s recent deficits have been unprecedented, meaning that debt interest costs will surge, so cuts in the rest of spending will be much larger. Cuts in departmental spending will be about 13 per cent.Then, of course, there are the ringfences to NHS and international development spending, meaning that non-ringfenced spending must fall about 25 per cent. Given that Defence appears to have settled for about eight per cent cuts and the schools budget has been ringfenced, that means cuts elsewhere are likely to need to be around 35 per cent. That will mean some combination of pruning back right to the base in those departments such as Business, Local Government, and Energy, where there is considerable discretionary spend, and fundamentally unpalatable cuts elsewhere.Imagine the political reaction even to plausible cuts such as to budgets for after-school and breakfast clubs, science research, the Olympics, higher education teaching, the Technology Strategy Board, and the policing budget. And that is before we consider the unpalatable cuts that would prove necessary to meet a 35 per cent target — such as cutting the local government grant by a quarter to a third; the prisons budget by a blunt 20 per cent; and policing budgets by as much as 20 per cent.NO EASY CHOICESThere are no easy choices here, but some decisions have made matters harder. What justification is there, really, for protecting the bloated NHS budget – up one third in real terms over the last parliament alone – from any cuts while cutting budgets enormously that had not risen at all over the last parliament? Obviously the Conservatives made pre-election promises to ringfence NHS spending, but the Liberal Democrats made pre-election promises not to support tuition fees. What is the difference? Why weren’t the arguments that “matters were worse than we thought” relevant to the question of whether NHS spending could be cut? Refusing to cut in the areas where spending had risen most – health and education – is bound to result in avoidable unpalatable cutting.That leaves the welfare budget. This was clearly too high – principally because having five million people on out-of-work benefits at the height of the boom was a huge policy failure of the last administration. Can the coalition produce credible plans to reduce the numbers of welfare recipients, to limit the pain for departments that had not previously had large spending rises while still ringfencing spending where the spending rises before were the largest? Only George Osborne can tell us.• Andrew Lilico is the chief economist of Policy Exchange. whatsapp whatsapp More From Our Partners Police 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.orgMark Eaton, former NBA All-Star, dead at 64nypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.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.org Share Tags: NULL KCS-content Show Comments ▼ read more

BAE growth hit after defence budget cuts

first_img BAE growth hit after defence budget cuts John Dunne whatsapp whatsapp Read This NextThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Show Comments ▼ Share Thursday 21 October 2010 3:33 am Tags: NULL Defence group BAE Systems said changes from the armed forces review would hit growth this year and reduce earnings per share next year.“Changes from the Strategic Defence and Security Review (SDSR) are expected to result in some reduction in growth for 2010,” BAE said in a statement. The company said that a reduction in its financial planning assumptions resulted in a one pence reduction in earnings per share, per annum.The government on Tuesday said it would delay renewing its nuclear deterrent and cut back its army, navy and air force as part of the harshest spending cuts for a generation, aimed at reducing a record budget deficit.The armed forces review, the first since 1998, unveiled a military with fewer people, fewer ships, fewer aircraft, fewer nuclear warheads and a smaller budget.Britain said the BAE-made Harrier aircraft would be retired from service but that the Tornado fleet, which BAE also makes, would be maintained.Orders for nine of BAE’s Nimrod MRA4 reconnaissance aircraft, due to start entering service this year, were also scrapped, while an order for Joint Strike Fighter jets – on which BAE is a partner – will be cut.However, the Royal Navy said BAE could go ahead with an order to build seven Astute class submarines.BAE, Europe’s largest arms contractor, also said its outlook for 2010 remains subject to talks on the cancellation of an offshore patrol vessel programme by Trinidad and Tobago.“Whilst the financial consequences (of the Trinidad and Tobago deal) cannot be definitively assessed at this time … the group estimates a charge of up to £150m, before tax, may be required in its 2010 accounts,” BAE said. last_img read more

Hurlingham plans to raise £8m in AIM listing of gun maker Manroy

first_img Show Comments ▼ 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 WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe 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 Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Sunday 7 November 2010 8:13 pm Hurlingham plans to raise £8m in AIM listing of gun maker Manroy A STOCK-MARKET listed group is buying the UK’s last remaining independent machine gun maker and raising up to £8m on London’s junior stock market to expand the business.Hurlingham is buying Manroy, an East Sussex-based manufacturer of machine guns, gun mounts and other related products that has supplied Britain’s Ministry of Defence (MoD) for the last 26 years.Manroy’s flagship product is the heavy machine gun (HMG), which can be fitted to many types of light and heavy armoured vehicles, patrol boats, helicopters and aircraft and has been used in Iraq and Afghanistan.Hurlingham plans to raise the cash by issuing new shares in the enlarged company, which will be renamed Manroy Group and listed on AIM.It hopes to use the money to increase the number of products that the group sells and to expand it into new regions. The group’s adviser is Arbuthnot. Hurlingham’s chairman Andrew Blurton said Manroy was an established, profitable and cash-generative business with good expansion prospects and relatively few rivals.“We are very pleased to have identified this opportunity,” he said.Manroy’s chief executive Glyn Bottomley said the firm had significant overseas customers and would seek acquisitions.“The admission to trading on AIM, along with our existing relationship with the MoD, will help the enlarged group to enter additional export markets.”Manroy also has redesigned and resumed production of the general-purpose machine gun. It has won its first order for parts. In 2008/9, Manroy made a pre-tax profit of £2.1m. whatsapp Share KCS-content Tags: NULLlast_img read more

WARNER?BROS FALLS?FOR?POTTER?MAGIC

first_img Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe 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 Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap whatsapp WARNER?BROS FALLS?FOR?POTTER?MAGIC Share Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was Famous, Now She Works In {State}MoneyPailUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndoRest WowCouple Enacts Revenge Towards Neighbor Who Made Their Life HellRest WowUndoArticles StoneLittle Boy Was In Disbelief After Knowing What His Painting’s WorthArticles StoneUndoAlphaCuteBizarre Hells Angels Rules, #10 Is MandatoryAlphaCuteUndoPensAndPatron30 Places That Have The Funniest Signs For Their RestaurantsPensAndPatronUndo Warner Bros is set to cast a £100m spell on the Leavesdon Studios near Watford, when it buys and redevelops the home of the Harry Potter film franchise. The Hollywood giant is this week set to unveil plans for adding two new sound stages to house a Harry Potter set tour, plus a revamp of the site’s visual-effects and prosthetics departments. The acquisition will sustain 1,500 jobs and create 300 more. center_img KCS-content Sunday 7 November 2010 8:30 pm Show Comments ▼ Tags: NULL whatsapplast_img read more

London boosts Winkworth

first_img Share KCS-content More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.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.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comWhy people are finding dryer sheets in their mailboxesnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com Tags: NULL whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGem center_img LONDON estate agent Winkworth expects to beat its 2010 profit targetsafter growing revenues 20 per cent in the first nine months of the year, it announced yesterday. Its third quarter trading update said it saw “further strong performance” in the three months to September, despite relatively low transaction volumes and a weaker pricing environment.Broker Finncap forecasts-pre tax profits of £1.1m for the end of 2010.The franchise chain’s existing offices grew property sales by 42 per cent year-on-year from reduced levels. Six new offices were opened this year, including one in Highbury.Chief executive Dominic Agace said London remains a prime property market and Winkworth’s best performing offices were those that “leverage off London.”Winkworth has 58 London offices and is “expanding into markets that look to London for their buyers,” he said.Agace expects prices in prime markets to rise by five per cent next year due to low interest rates and a weak sterling.Currency weakness is making London attractive to international buyers, who now make up 70 per cent of applicants to buy London properties, he said.A supply shortage in the rental market, fuelled by a lack of buy-to-let mortgage approvals, is expected to increase rents by five per cent in 2011. whatsapp London boosts Winkworth Show Comments ▼ Monday 22 November 2010 7:23 pmlast_img read more

Citi planning new European retail operation

first_img whatsapp Thursday 25 November 2010 8:30 pm whatsapp Show Comments ▼ Share Citi planning new European retail operation center_img Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodaySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm KCS-content More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comWhy people are finding dryer sheets in their mailboxesnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.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.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com CITIGROUP is to revive its retail banking operations in Europe through targeted new openings in select major European cities from 2011.The move marks a return to growth in the bank’s retail presence after a period of winding down its branch networks in countries including the UK, as part of the terms of its bailout by the US government.Citi now aims to open flagship branch offices in a few western European cities in key markets such as the UK, France and Germany, according to the Financial Times.The new branches will be styled on computer brand Apple’s hugely successful stores in major cities, and will target affluent and frequently travelling customers who require services across borders from a global bank. Citi’s strategy envisages eventually opening a network of the branches in 100 cities, ten to 15 of which will be in western Europe.The approach supports Citi chief executive Vikram Pandit’s strategy to redefine the bank’s retail banking services. The bank is also focusing on growth in emerging markets such as Eastern Europe and will again concentrate new openings in major cities. Citigroup declined to comment. last_img read more

Factory managers expect order growth to continue in new year

first_img MANUFACTURING’S boom will continue well into the new year, a survey by the Confederation of British Industry (CBI) revealed yesterday.Orders to manufacturers have hit a 30-month high, convincing managers that the upturn is here to stay. The CBI survey’s total order book balance unexpectedly jumped this month to -3 from -15 in November, well above economists’ forecasts of a reading of -13 and its highest since June 2008.The strong performance was helped by a sharp increase in export orders, which reached their highest level in fifteen years, according to Samuel Tombs of Capital Economics.The data “suggests that problems in the Eurozone have not had any adverse effect on the UK’s manufacturing recovery yet,” he said.An increase in consumer goods is partly responsible for the good performance, the CBI survey said. Consumer good producers saw the most marked improvement on November, and reported the largest advancement in exports.However, the survey also threatened further rises in inflation. A total of 27 per cent of respondents expect their prices to increase over the next three months, compared to just 11 per cent who expect a fall. 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 PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndo Show Comments ▼ Factory managers expect order growth to continue in new year whatsapp whatsappcenter_img 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.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMark Eaton, former NBA All-Star, dead at 64nypost.comPuffer fish snaps a selfie with lucky divernypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comConnecticut man dies after crashing Harley into live bearnypost.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.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com KCS-content Share Wednesday 8 December 2010 7:31 pm Tags: NULLlast_img read more