BlackBerry faces India disconnection

first_img KCS-content JUST days after avoiding its services being shut down in Saudi Arabia, BlackBerry is facing an even bigger problem, with India questioning whether to allow its services.The emerging economic superpower may temporarily shut down BlackBerry’s messenger and email facilities if security concerns are not addressed in a meeting later today.The news will heap pressure on BlackBerry maker Research In Motion (RIM), which was forced to cave in to Saudi demands to hand over user codes that would let Saudi authorities monitor its BlackBerry Messenger service.In a matter of a few weeks the BlackBerry device – long the darling of the world’s chief executives and politicians – has become the target for its encrypted email and messaging services.India, like several countries in the Middle East and North Africa, wants access to encrypted Blackberry communication, which has been linked to militant activity including the Mumbai attacks in 2008.India’s home ministry will press for a deadline to be fixed for RIM to share encryption details.Mobile phone operators could be asked to shut down RIM’s enterprise email and messenger services temporarily as a last alternative, if RIM does not agree to offer access to data.The responsibility to meet Indian security requirements rests with mobile phone operators in India rather than RIM. Share BlackBerry faces India disconnection whatsapp Wednesday 11 August 2010 8:21 pmcenter_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyBetterBe20 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 BlvdTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Show Comments ▼ More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comNative 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.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.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.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com Tags: NULLlast_img read more

Retail chiefs in call for rates shake-up

first_img More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.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.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com KCS-content Monday 20 September 2010 8:58 pm Show Comments ▼ whatsapp RETAIL chiefs have demanded that the government changes the way it calculates business rates to help struggling shops to stay afloat. The current rate is partly based on September’s Retail Price Index (RPI) which is expected to be around four per cent. But the British Retail Consortium (BRC) has called on the coalition to find an alternative measure as the retail sector struggles to find its feet after the recession.Some retailers would be hit with a 22 per cent rise in April, according to the BRC.That is partly because of the end of a period of grace in which businesses were given some relief from steep rises because of the dire state of the economy. The business rate is pegged to the market rate for commercial property as well as RPI.The BRC has written to the secretary of state detailing its fears if business rates are hiked at a time when consumer confidence is weak, with a looming jobs cull in the public sector. BRC director general Stephen Robertson said: “One large retailer estimates every extra RPI percentage point could add £1.3m to their business rate costs. “September’s RPI is expected to be above four per cent but few retailers have budgeted for increases as large as four to five per cent. “We’re urging the Government to use alternatives to September’s RPI to calculate next April’s bills.” BRC campaigning saw a one year exemption for empty properties with a rateable value of less than £15,000 in 2008.This qualifying limit was later increased to £18,000 and extended.This relief will last into 2011 but the BRC wants it extended again until 2012. Robertson added: “The business rates blow will undermine retailers’ ability to create and maintain jobs and to contribute to the success of town centre regeneration projects. Retailers need more predictability and a permanent move to a more stable way of calculating business rates.” Share whatsapp Retail chiefs in call for rates shake-up Tags: NULLlast_img read more

Pernod Ricard sells Lindauer

first_img Share Video Carousel – cityam_native_carousel – 426 00:00/00:50 LIVERead More 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 whatsapp Monday 18 October 2010 7:59 pm Show Comments ▼ whatsapp Pernod Ricard sells Lindauer 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 PastUndoSerendipity 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.comUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndo PERNOD Ricard has sold its Lindauer New Zealand sparkling wine brand to a consortium composed of brewer and drinks distributor Lion Nathan New Zealand and contract winemaker Indevin.The NZ$88m (£42m) sale includes a number of other minor wine brands from Gisborne and Hawke’s Bay.Lion Nathan produces Steinlager and Speight’s beers and distributes leading brands including Smirnoff and Bacardi in the New Zealand market.Indevin operates wineries in Marlborough and Hawke’s Bay.Meanwhile, elsewhere in the New Zealand wine industry, Delegat’s Wine Estate is reported to be in the process of buying out the remaining shares it doesn’t already own in Oyster Bay. It already has a 54.9 per cent stake. The sale is subject to Overseas Investment Office approval. The sale includes the sparkling brands Aquila, Bernadino, Chardon, Lindauer and Verde and seven brands in Pernod Ricard’s still wine portfolio, including Bensen Block, Corbans, Huntaway, Jackman Ridge, Riverlands, Saints and Timara. Pernod Ricard New Zealand managing director Fabian Partigliani said the company would continue in New Zealand with the Brancott Estate, Stoneleigh, Church Road, Deutz, Boundary and Triplebank brands.Some experts speculated that the sale could make it more difficult for Fosters to offload its wine division.Analysts have said that the company will be unwilling to accept less than its book value of around $3.1bn. Foster’s last month rejected an indicative offer from New York-based Cerberus Capital for between $2.3bn (£1.4bn) and $2.7bn. Tags: NULL KCS-content last_img read more

Credit Suisse profit tumbles

first_imgThursday 21 October 2010 2:54 am whatsapp John Dunne Credit Suisse’s third-quarter net profit tumbled 74 per cent to miss forecasts, as sluggish equities trading halved investment banking earnings from the previous quarter.Switzerland’s No.2 bank by market value behind UBS said net profit fell to 609m Swiss francs (£398m).Investment banking pretax income halved to 395m francs from an already subdued 784m the previous quarter, as chief executive Brady Dougan’s bold strategy to hire investment bankers aggressively in the second quarter failed to pay off immediately with markets flattening.CS was the first big European bank to report third-quarter numbers after US rivals such as Goldman Sachs posted higher than expected profit this week despite low trading volumes in the US equity market, though Morgan Stanley, which has derisked its trading operations since the credit crisis, surprised with a disappointing loss. Earnings at CS’s bedrock private bank outstripped the normally more lucrative investment banking segment for a second quarter running.“We believe the prospects for growth remain very attractive and our private bank is poised to capitalise as markets improve,” Dougan said.The private banking segment attracted 12.6bn francs in net new client assets, against 13.1bn a year earlier. 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 Sharecenter_img Show Comments ▼ 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 Credit Suisse profit tumbles Tags: NULLlast_img read more

SGX and ASX announce plan for merger

first_img Show Comments ▼ Monday 25 October 2010 8:07 pm THE Singapore stock exchange (AGX) announced an $8.3bn (£5.2bn) takeover bid for the Australian stock exchange (ASX) yesterday, in an effort to boost its position in the region and compete with Hong Kong. The new exchange would be the second largest in the Asia Pacific region by number of companies listed, at 2,700 firms from around 20 countries. But the exchange would still lag behind Tokyo, Hong Kong and Shanghai in terms of market value. The combined company, ASX-SGX, is expected to generate revenues of approximately $1.1bn and earnings in the region of $700m.ASX and SGX will remain separate with locally regulated entities, and will also maintain their existing brands. SGX will pay A$22 cash and 3.473 new SGX shares for each ASX share, valuing the ASX at A$8.4bn, or A$48 a share. The deal is pitched at a 37 per cent premium to Friday’s closing price.However, the deal was received badly by investors in Singapore, where SGX shares closed down six per cent at S$8.950. ASX shares surged 19 per cent to A$41.75 – the biggest rise since November 1998. whatsapp KCS-content whatsapp Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Share SGX and ASX announce plan for merger Tags: NULLlast_img read more

Royal Mail to cut supplier costs by 20pc

first_img Show Comments ▼ 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 ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comGloriousaCouple Had Their Home Demolished Because Of ThisGloriousa Tags: NULL Sunday 7 November 2010 8:26 pm Share whatsapp center_img Royal Mail to cut supplier costs by 20pc whatsapp KCS-content 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 ROYAL MAIL has told its suppliers to strike new deals as it looks to cut 20 per cent costs from each contract.The top 150 suppliers to the company were told in a meeting in London ten days ago the operator was looking to “radically reduce costs” ahead of plans to privatise the service, according to reports yesterday.Under the auspices of meeting new chief executive Moya Green for the first time, the companies heard in a presentation that contracts would need to be renegotiated within 30 days, with the new deals in place by 10 December.Group procurement director Kath Harmeston told contractors: “Royal Mail is in transformation and needs cash. A radical cost-out programme is required to support the transformation.”The presentation set out a scheme to “radically reduce costs and our spend baseline by the end of the financial year – a 20 per cent minimum target reduction per key supplier”.Cost-cutting plans presented by Royal Mail included looking at payment terms to suppliers, the sale of some assets and the sale and leaseback of part of its property portfolio.Royal Mail last week revealed half-year group profits had fallen to £52m, down from £184m last year, with the letter business losing £66m.The cost-cutting comes as Royal Mail faces a potential cash crisis, caused in part by the £800m a year the company pays into its pension plan, which has a £10bn deficit.One anonymous supplier told a Sunday newspaper they were “furious” following the demand for tough cuts. Royal Mail would not confirm the proposals, though told City A.M. last night: “Royal Mail is striving to get the best value for money throughout the business and we are asking our suppliers for their ideas and proposals on how we might achieve this — but we are absolutely not imposing a blanket cut on suppliers’ bills.”Government outsourcer Serco last week withdrew a letter asking for a 2.5 per cent cash rebate from suppliers after a political backlash. last_img read more

Prudential

first_imgWednesday 1 December 2010 8:22 pm Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof Prudential 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 PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople Todaymoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter Center Share Tags: NULLcenter_img Show Comments ▼ whatsapp KCS-content TIDJANE Thiam’s disastrous attempt to acquire AIA hasn’t snuffed out his love affair with Asia. Already booking a third of sales in the region, Thiam wants to go much further by doubling Asian premiums over the next three years. Having tested shareholders’ appetite for a transformational acquisition – and found it wanting – Prudential will likely have to grow organically, or by snapping up smaller bolt-ons. Initially, Thiam’s target seems somewhat over-optimistic. But there is huge hope for expansion in Asian emerging markets. In the UK, the life insurance penetration rate is 13 per cent while Japan’s is 8.3 per cent. In India and China it is far lower, around four and two per cent respectively. McKinsey estimates that 40 per cent of growth in the life assurance market will be generated by Asia, while the compound annual growth rate in China will exceed 15 per cent for the next five years. With markets at home maturing, Thiam’s decision to look east for inspiration could still pay off. last_img read more

Ireland passes record austerity budget

first_img Ireland passes record austerity budget alison.lock Share THE IRISH government has narrowly passed the harshest budget ever proposed, to make the necessary savings for it to receive EU and IMF rescue funds. It has set out austerity measures for 2011 that impose €6bn (£5bn) of spending cuts and tax rises on the country, including cuts to child benefit and public sector pensions.But the Budget is still relying on growth forecasts that several experts including the European Commission consider overly optimistic.The Parliament passed the first in a series of votes on the budget on Tuesday evening, suggesting that enough of the budget is likely to pass to release bailout funds. The budget’s success had looked in doubt when independent politicians, on whom the government depends for support, said they might vote against it.If the initial resolutions pass this week, the IMF could seek approval from its board for its Irish loan as soon as Friday.Opposition parties slammed the government for mismanaging the economy and sacrificing Irish sovereignty.“This budget is the budget of a puppet government who are doing what they have been told to do by the IMF, the EU Commission and the European Central Bank,” said Michael Noonan, finance spokesman for the centre-right Fine Gael party.The 2011 budget is the toughest in a four-year austerity plan that aims to save €15bn – nearly 10 per cent of annual economic output – to bring the worst deficit in the Eurozone back within EU limits by 2014. 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 TimesPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definition Tags: NULLcenter_img whatsapp whatsapp Show Comments ▼ More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.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.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com Tuesday 7 December 2010 4:55 pmlast_img read more

Obama to talk to US bosses on economy

first_imgSunday 12 December 2010 10:32 pm US President Barack Obama will hold a one-day summit of chief executives on Wednesday as part of a renewed effort by the White House to build support from among business leaders for his economic agenda.The administration expects bosses from Google, Cisco Systems, International Business Machines, American Express, Dow Chemical and Pepsico to attend the meeting to discuss trade, tax, regulatory issues and the deficit.The Obama administration wants to persuade US firms to release some of the $1.93 trillion (£1.22 trillion) in cash and other liquid assets they are thought to be hording.The Federal Reserve said last week that cash as a share of total assets is at the highest level it has been in a half-century. President Obama is keen for America’s biggest companies to invest that money in expansion and job creation.The summit will include substantial discussions on overhauling the tax code and cutting the budget deficit as well as discussions over providing “a balanced approach to regulations.” The meeting will be held in private in contrast with some previous White House meetings involving business leaders. It is expected that holding the meeting in private will allow business leaders to speak more candidly than the have felt able to in previous more public meetings.While Obama has met with chief executives since the start of his administration some have complained he has ignored their views. Business leaders have also expressed concern at the President’s occasional sharp criticism of multi-national companies, and his administration’s regulatory and tax policies. Obama to talk to US bosses on economy Tags: NULL whatsapp whatsapp Share Show Comments ▼ KCS-content 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.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.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.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comWhy people are finding dryer sheets in their mailboxesnypost.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.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comlast_img read more

Happy Christmas to all our readers

first_img Show Comments ▼ Happy Christmas to all our readers Wednesday 22 December 2010 8:53 pm Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeHealthyTed Health Magazine10 Surprising Benefits of Bananas You Possibly Didn’t Know AboutHealthyTed Health MagazineUndoAll Things Auto | Search AdsNew Cadillac’s Finally On SaleAll Things Auto | Search AdsUndoTaonga: The Island FarmAdvertisement The Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndoAll Things Auto | Search AdsNew Acura’s Finally On SaleAll Things Auto | Search AdsUndoPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryUndoBest Selling Grills | Search AdsTraeger Blaze & American Grills On SaleBest Selling Grills | Search AdsUndoHero WarsBig Boss of internet games!Hero WarsUndoTotal Battle – Tactical Game OnlineAdvertisement This Game Can Train Your Brain To Think StrategicallyTotal Battle – Tactical Game OnlineUndoThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save ThousandsThe No Cost Solar ProgramUndo whatsapp AS another year draws to a close we at City A.M. have good reason to feel fortunate about the way things turned out in 2010.Firstly, it was a sensational year for news, both financial and political. In the financial sphere, there was the takeover of Cadbury by Kraft, which brought all sorts of calls at the end of it for a reform of the City’s takeover rules.Then there were the deals that did not go ahead, like BHP’s hostile bid for Potash and the Prudential’s bid for AIA.As we showed by the people we included in the CityJet/City A.M. Power Hundred it was the year that the City truly got back to work after the period of the credit crunch .Politically, 2010 has been a truly dramatic year, with the general election ending in a stalemate and ultimately a coalition government.For us, it was a historic occasion since we published our first ever afternoon edition on the day after the election vote, with reporters working through the night here to give readers our insight into the results and what they meant for the City and the financial markets.Also in 2010 we held our first annual awards ceremony, attended by more than 450 people, at which Lord Coe made a truly inspiring speech about London and the run-up to the Olympic Games in 2012. The event attracted a host of high profile figures from the City and was generally considered a success.And most recently we have been extending the distribution of City A.M. so that more of our readers get the chance to see the newspaper at the beginning rather than the end of their journeys.Last, but not least, the newspaper, now in its sixth year, is currently making a profit, thanks to the tremendous support of our advertisers and sponsors. So a big thanks all round, most of all to our readers whom we hope enjoy the best of health over christmas and the New Year. As we head into 2011 much of the early focus of the financial markets will be on the effects of the public sector cuts on the private sector and the economy as a whole. As a newspaper we don’t believe the economy will take a nosedive, all things being equal. But given that all things are rarely equal, any number of events could derail the success of the austerity programme.I’ll be looking with interest at the direction the Labour party takes. The present government does not think it needs a Plan B in case its measures fail to grow the economy but it is crucial for Labour that it gets in place an economic Plan that provides the public with an alternative to current policy. Otherwise opponents – and there are many, of course – have nowhere to head but to demonstrations and protest marches (of which there will be plenty).Observing the paucity of ideas from the opposition now on the economy, it seems hard to believe that for a large part of the party’s 13 years in power it rubbed along with the business community rather well and that for much of that period the UK was a good place to do business in.Today Ed Miliband’s party looks sidelined, content to watch on as the Lib Dems and Tories fight amongst themselves but as yet offering very little of their own. It’s time to do something about it. If the economy takes a wrong turn now, we could be heading for an election sooner than we [email protected] whatsapp Share KCS-content Tags: NULLlast_img read more