SOARING YEN SPARKS JAPANESE SELL-OFF

first_img Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof SOARING YEN SPARKS JAPANESE SELL-OFF whatsapp JAPANESE equities tumbled yesterday as an ever-strengthening yen sparked a heavy sell-off of exporters such as Sony and Nikon. The Nikkei Stock Average closed at a 15-month low below 9,000. Japan’s finance minister, Yoshihiko Noda, vowed to “act appropriately” with the currency. KCS-content Tuesday 24 August 2010 8:00 pmcenter_img Share Show Comments ▼ Video Carousel – cityam_native_carousel – 426 00:00/00:50 LIVERead More Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeNoteabley25 Funny Notes Written By StrangersNoteableyUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndoBetterBe20 Stunning Female AthletesBetterBeUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading BlvdUndo whatsapp Tags: NULLlast_img read more

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BEST OF THE BROKERS

first_imgThursday 16 September 2010 8:07 pm BEST OF THE BROKERS KCS-content Show Comments ▼ 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 PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com ASHMORESinger rates the fund manager a “buy” and has upgraded its target price to 360p. The broker says Ashmore has made the most of the financial crisis by buying cheap assets, and that its range of new products will boost the firm. It adds that the firm’s performance fees of £82.9m for the year to June 2010 were better than it had been expecting.CPPCanaccord Genuity has downgraded the credit card and identity insurer to a “hold” with a target price of 277p. The broker says the shares have outperformed the market by 19 per cent since March’s flotation, and that expansion remains on track, but the current share price of around 265p suggests sales growth and margins in the low teens. =UNITE GROUPUBS rates the student housing developer and manager a “buy” but has lowered its 12 month target price from 315p to 270p on the back of concerns over government spending on universities. The broker said over capacity costs are likely to lead to an overall loss in 2010, but that earnings per share could rise up to 14p in the longer term. center_img whatsapp Share 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 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 ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Tags: NULLlast_img read more

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FSA teams up with US agency to monitor firms

first_img whatsapp FSA teams up with US agency to monitor firms KCS-content whatsapp Show Comments ▼ Share 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 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 ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Monday 20 September 2010 9:15 pm Tags: NULL THE FINANCIAL Service Authority (FSA) has signed a deal with one of its US counterparts in a bid to more closely supervise the world’s largest securities firms and markets, it said yesterday.The FSA signed a memorandum of understanding with the US Financial Industry Regulatory Authority (FINRA) on 15 September, agreeing to share information on firms under common supervision and collaborate on some investigations.The FSA’s managing director of supervision Jon Pain said: “Given the linkages between our markets, it is vital that both regulators cooperate closely with each other; this [agreement] will enhance the supervision of firms and financial markets in both the UK and the US.”FINRA is the largest private regulator of securities firms operating in the States, and has contracts to oversee several markets including the New York Stock Exchange and NASDAQ. Chief executive and chairman Richard Ketchum said in a statement yesterday: “To ensure consumer protection and market integrity in today’s global market, regulators must work together with key regulatory partners.” last_img read more

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AIA warns on risks as it launches IPO

first_img whatsapp AIA warns on risks as it launches IPO KCS-content Show Comments ▼ Tuesday 5 October 2010 7:29 pm AIA Group, which aims to raise about $15bn (£9.4bn) through a Hong Kong listing, flagged a series of business risks including the collapsed bid from Prudential as it launched the share offering yesterday.AIA, the Asian life insurance business of American International Group, also said in the preliminary prospectus filed to the Hong Kong Stock exchange that it would not pay a dividend before 2011.AIG is planning to sell 48.6 per cent stake in AIA to raise up to $14.86bn, a document shows. The net proceeds will be used to repay financial aid AIG received from the US government.AIG revived AIA’s IPO after Prudential cut its takeover offer for AIA to $30.4bn from $35.5bn. In contrast, the IPO would value AIA at as much as $30.5bn.“The terminated Prudential transaction also adversely impacted and may continue to adversely impact agency recruitment and new business production by our agents,” AIA said in its prospectus. “We cannot assure you that our business and prospects will not be materially and adversely affected by the terminated Prudential transaction.”AIA, an Asia-focused insurer, is selling 5.86bn secondary shares at an indicative price range of HK$18.38 (£1.50) to HK$19.68 per share.Despite the red flags, there was a burst of demand for the shares yesterday, with demand equalling the number of shares on offer. The interest is likely to be because AIG has announced the on-again, off-again deal for so long that investors are already familiar with the company. center_img Read This Next’Kevin Can F**k Himself’: Here’s Why Only Allison and Patty Are SeenThe Wrap20 Stars Who’ve Posted Nude Selfies, From Lizzo to John Legend (Photos)The Wrap’Batwoman’: Wallis Day on Circe’s ‘Deranged’ Warpath and the Key to SavingThe Wrap’Godzilla vs Kong’ Reaches $100 Million in US After Grossing $250,000 inThe WrapJoin a Conversation on ‘Cancel Culture in Comedy’ with Maz Jobrani, SkyeThe WrapAnya Taylor-Joy, Ralph Fiennes Join Searchlight’s Dark Comedy ‘The Menu’The WrapAfter ‘Black Widow,’ Kevin Feige Leaves Open the Possibility of OtherThe Wrap’Pose’ Creator Steven Canals on Life After His Groundbreaking Show: ‘I’mThe Wrap’The Boys’ Star Aya Cash Took Inspiration From YouTube, TikTok and SteveThe Wrap 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 PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople Today Share Tags: NULLlast_img read more

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Ex-MPC member Barker takes private equity role

first_img whatsapp Ex-MPC member Barker takes private equity role Tags: NULL Share More From Our Partners Florida 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.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com FORMER Bank of England Monetary Policy Committee member Kate Barker has snapped up her second high-profile corporate appointment in just a few weeks, having agreed to take up a role as a non-executive director on the board of Electra Private Equity.Electra, which has investments in household names such as insurer Esure and feminine hygiene group Lil-lets, is this morning set to announce the appointment of Barker to its board, effective from November.The move comes after Barker earlier this month accepted a post as a senior adviser to banking giant Credit Suisse. She stepped down from the MPC in May this year after nine years in the position.Electra is chaired by Colette Bowe, the chairman of communications regulator Ofcom. center_img 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 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 Sunday 17 October 2010 10:48 pm Show Comments ▼ KCS-content last_img read more

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Health, schools and security keep UK down

first_img Share Health, schools and security keep UK down More From Our Partners Matt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.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.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.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comWhy people are finding dryer sheets in their mailboxesnypost.com Show Comments ▼ 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 Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCutethedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterMartha Stewart CBDShop Martha Stewart’s CBD Products NowMartha Stewart CBD Tuesday 26 October 2010 8:10 pm Tags: NULLcenter_img whatsapp THERE is a simple reason why the UK has not performed better in the 2010 Legatum Prosperity Index published yesterday, failing to break into the top ten countries. To do better, the UK must continue to improve not just its economy, but also its performance on health, education and security.The Legatum index is unique, because it provides the only global assessment of national prosperity based on both wealth and wellbeing. It examines over 90 per cent of the world’s population and gives each country an overall prosperity ranking. This ranking is calculated from the average of that country’s scores across eight different sub-indexes – each of which represents a fundamental pillar of prosperity: the economy, entrepreneurship and opportunity, education, governance, health, safety and security, personal freedom, and social capital.The UK’s position was static this year: in 13th place it remains just out of reach of a top ten position. The good news is that the UK does very well on entrepreneurship and opportunity, where it ranks fifth globally, as well as in the areas of governance and social capital where it ranks ninth on both. This is crucial because the data from the index shows that overall prosperity is more closely correlated to entrepreneurship and opportunity than to any other pillar.The UK has a strong infrastructure for entrepreneurship. However, the government will need to work hard to improve confidence: in 2009 only 67 per cent of Britons said they believe the entrepreneurial environment is strong, and just 78 per cent believed that hard work will get them ahead in life, below the global average. The sobering news is that if the UK wishes to better its ranking, and keep pace with its European peers, it will need to improve heavily in areas including the economy, where it ranks 18th, health (20th), education (22nd), and safety and security (23rd). For the economy, confidence is again key. Despite relatively strong objective economic fundamentals such as low inflation rates, only 36.6 per cent of British citizens in 2009 had confidence in financial institutions – the ninth lowest rate in the index. If trends indicated by Tuesday’s GDP data are any indication, confidence in the UK financial sector should improve over the next year. In the areas of health and education, however, decent levels of citizen satisfaction belie relatively low enrolment and immunisation rates. If the UK is to surpass its peers, it will need to solve these underappreciated problems.Ashley Lenihan is senior fellow of the Legatum Institute whatsapp KCS-content last_img read more

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WHAT DOES HORTA-OSORIO’S MOVE MEAN FOR SANTANDER AND LLOYDS?

first_imgWednesday 3 November 2010 10:06 pm KCS-content Tags: NULL WHAT DOES HORTA-OSORIO’S MOVE MEAN FOR SANTANDER AND LLOYDS? JOE DICKERSON | EXECUTION NOBLEHorta-Osorio has the experience to see Lloyds through its restructuring efforts, but it is interesting, to say the least, that he decides to leave ahead of a flotation.NIC CLARKE | CHARLES STANLEYThe market didn’t think Horta-Osorio could be prised away from Santander, especially with its UK IPO on the way, but Santander’s loss is certainly Lloyds’ gain.PAUL MUMFORD | CAVENDISH ASSET MANAGEMENTThe appointment is quite a coup for Lloyds. Buying HBOS was a big mistake and hiring somebody from outside the company with a fresh pair of eyes was imperative. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal 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 TimesMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMagellan 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.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmcenter_img More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.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.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.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.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com whatsapp Show Comments ▼ Share whatsapplast_img read more

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Q & A : TAXING THE BANKS

first_img Share Q. HOW MUCH MONEY DOES THE GOVERNMENT EXPECT TO RAISE FROM THE BANKING LEVY?A. George Osborne wants to raise £2.5bn a year from a levy on banks’ balance sheets. Aides say he thinks this is the “maximum sustainable amount of revenue” he can extract from the banks. Q. WHAT DOES THE CHANCELLOR MEAN BY “MAXIMUM SUSTAINABLE REVENUE”?A. An aide familiar with the chancellor’s thinking told City A.M. that Osborne wants to make the banks “pay their fair share”. However, the aide added: “But equally we are not going to tax them so much that they leave the country and we start losing revenue.“Obviously there is a point where you tax them so much they start leaving the country and going to Singapore or the US or wherever. Obviously, that approach doesn’t make sense to anybody.” Q. WOULD BANKS PAY LESS BY MOVING OFFSHORE?A. Some banks would, yes. Foreign banks only have to pay the levy on their UK operations. So if HSBC or Standard Chartered were to move to Hong Kong, it wouldn’t have to pay the levy on any foreign assets at all – just British ones – saving it a considerable amount. However, some foreign banks could be levied twice, if their home countries adopt a similar tax. The Treasury says it will give relief to banks being taxed twice but it hasn’t come forward with details on how it expects to do this.Q. IS THERE ANY PROOF THAT ADDITIONAL LEVIES ON THE BANKS AFFECT OTHER SOURCES OF REVENUE?A. Treasury officials think so. According to an internal analysis, Alistair Darling’s £3.5bn levy on bonuses actually only raised net £2.3bn. That’s because the exchequer lost out on other sources of revenue – such as income tax receipts – as banks and bankers tried to find ways of avoiding the tax, such as deferring their bonus until the bonus levy expired. Osborne wants to avoid making a similar mistake with his £2.5bn levy. KCS-content Sunday 14 November 2010 11:15 pm whatsapp Tags: NULLcenter_img Q & A : TAXING THE BANKS by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMike HistoryAt 66, This Is Bruce Willis’ Private CarMike HistoryAmoMediaMan Leaves Wife For Her Sister, Her Revenge Is BrilliantAmoMediaBewadaHusband Divorced His Wife After Looking Closer At This PhotoBewadaScalp Psoriasis SearchWhat Exactly is Scalp Psoriasis? See the SymptomsScalp Psoriasis Search5log – Livinguard®This mask has been sold out in Germany 5 days after the government has tighten up5log – Livinguard®cutenova.comTake a Peek at 10 of the Most Expensive Houses in the Worldcutenova.comHealth.recetasgetHeart Attack Early Warning Signs and SymptomsHealth.recetasgetDinnerZUTop 5 Foods That Help Lose Weight FastDinnerZUBuzzDestination7 Types of Men Who Are Not Made For RelationshipsBuzzDestination whatsapp More From Our Partners LA news reporter doesn’t seem to recognize actor Mark Currythegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Show Comments ▼last_img read more

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Google could bid up to $6bn for Groupon

first_img whatsapp whatsapp Show Comments ▼ KCS-content Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity 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 FarmWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”Wanderoamcenter_img More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com Share Tuesday 30 November 2010 8:19 pm Google could bid up to $6bn for Groupon Google is poised to make its biggest ever acquisition, with a bid of up to $6bn (£3.85bn) expected for local advertising website Groupon.The two companies are believed to be negotiating a price somewhere between $5bn (£3.2bn) and $6bn – far ahead of the $3.1bn Google paid for DoubleClick.com and eclipsing the $1.65bn handed over for YouTube.Rumours the search giant was ready to make a bid for Groupon were stoked by a cryptic exchange of Twitter messages between executives from the two firms.Groupon chief executive Andrew Mason tweeted “today was the day-long equivalent of a very good week,” with Google’s head of M&A replying “I know what you mean… maybe… congrats”.There is constant speculation about Google’s acquisition interests as it has a cash war chest of about $33bn and does not pay a dividend to its shareholders.Groupon is a privately held, Chicago-based company which was launched about two years ago.Yahoo offered in the region of $3bn for Groupon in failed acquisition talks earlier this year.Groupon sends its members daily e-mails with about 200 discounts for goods and services. The deals are activated only when a minimum number of people agree to make a purchase, giving Groupon clout to negotiate steep group discounts on products and services.Both Google and Groupon declined to comment yesterday.GROUPONQ.WHAT IS GROUPON? A.As the name – a mixture of “group” and “coupon” – suggests, the website offers money-off coupons to groups of customers. Q.HOW DOES THE GROUPON SITE WORK?A.Retailers offer discounts – often very large ones – but with a hitch: a certain number of people have to agree to buy the product at the special price within a limited time period. If the required number don’t sign up, nobody gets to buy the cut-price product. All sorts of firms can use the site, although there are limits, for example on sellers of pornography. Q.HOW DOES GROUPON MAKE MONEY? A.Groupon takes a 50 per cent cut of all sales made through the site. Q.WHAT’S IN IT FOR THE RETAILER?A.First and foremost exposure. But it also gets a certain degree of protection, because a pre-set quota of customers have to buy before it agrees to sell. That means it can offset lower prices with higher volume. last_img read more

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Standard Life in £42m deal for Focus Solutions

first_imgTuesday 7 December 2010 3:04 am whatsapp Standard Life in £42m deal for Focus Solutions More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.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.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.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comWhy people are finding dryer sheets in their mailboxesnypost.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.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com Standard Life has agreed to buy financial software company Focus Solutions Group for £42m, in a deal the insurer said would boost its customer services.Standard Life said that it was offering 140 pence in cash for each Focus Solutions share, representing a premium of around 9.8 per cent to Focus Solution’s closing share price of 127.50 pence on 6 December.Focus Solutions handles software and consultancy work for financial services companies.Its clients include independent financial advisers (IFAs), bancassurers, wealth managers and mortgage lenders, and Standard Life said that buying Focus would improve its range of products for customers and boost its retail bank business.“This strengthens the overall position of the group as the UK market for our propositions and services develops further over the next two years,” Standard Life Chief Executive David Nish said in a statement.Noble Grossart advised Standard Life on the deal, while Cavendish Corporate Finance and Capital SCF advised Focus. John Dunne Tags: NULL Show Comments ▼ whatsapp Sharelast_img read more

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