STV sees its advertising revenue soar

September 4, 2021

first_img whatsapp whatsapp Thursday 26 August 2010 7:54 pm Tags: NULL Show Comments ▼ KCS-content center_img Scottish media group STV expects its advertising revenue to be up 10 per cent in the third quarter, below the overall TV market, due to weakness in its regional business.The group says it expects the overall TV market to be up 17 per cent in the third quarter but that it was hampered by its regional business which will be down.Turnover in the period was up 20 per cent year-on-year at £50m, while pre-tax profits rose to reach £6m.It is now branching into new markets, including a recent deal with YouTube that will see its content syndicated in exchange for a share of the ad revenue.It will also launch a network of hyper-local news websites in Scotland.Chief executive Rob Woodward told City A.M.: “We’ve been through a turnaround. We are a new company with a clear focus and a new sense of purpose. It has been a very positive beginning to the year. We have a very clear organic strategy mapped out.”ITV said earlier this month that first-half ad revenue was up 18 per cent due to a boost from the World Cup and it is expected to be up around 15 per cent in the third quarter before comparatives with 2009 toughen, making the firm more cautious for the future. STV sees its advertising revenue soar Share 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 by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmHero WarsBig Boss of internet games!Hero Warsmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.cominvesting.comCanceled TV Shows Announced: Full Updated Listinvesting.comAll Things Auto | Search AdsNew Cadillac’s Finally On SaleAll Things Auto | Search AdsMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorythedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comlast_img read more

Bank minutes reveal fears for growth

September 4, 2021

first_img Tags: NULL KCS-content whatsapp More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.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.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Bank minutes reveal fears for growth whatsappcenter_img Share THE chances the Bank of England may have to revive its policy of quantitative easing (QE) have increased, several members of the Bank’s interest rate setting body said at its latest meeting.The Monetary Policy Committee (MPC) voted 8-1 on 9 September in favour of holding interest rates at their current level of 0.5 per cent and maintaining QE at its current level. But the minutes of the meeting showed some members believed the probability the Bank would need to take further action to stimulate the economy and control inflation had “increased.” “It was quite likely that the recovery in the United Kingdom would not be smooth and that growth in some quarters would be relatively slow,” added the MPC. Andrew Sentence was the one dissenting voice on the committee, voting to increase interest rates to 0.75 per cent, for the fourth month in row. The committee viewed two risks to the economy: that above-target inflation would lead inflation expectations to drift up, making it costly to bring back to target, and that the private sector would not be able to fill the void left by public sector spending and jobs cuts quickly enough.Further evidence that the Bank may have to step in to stimulate the economy came in the form of a gloomy outlook for economic growth for the second half of the year.The MPC attributed growth in the first half to public spending and company stockbuilding, both of which would fall back in the second half of the year. It added headwinds to private sector recovery were “somewhat stronger than previously thought” as industry surveys showed growth slowing in construction, manufacturing and services firms in August Wages would also remain subdued, said committee members. Wage increases this year have been around one to two per cent. Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterTotal 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.com Wednesday 22 September 2010 7:53 pmlast_img read more

Labour slams benefit plans

September 4, 2021

first_img Show Comments ▼ ED Miliband yesterday hit out at plans to axe child benefit for higher rate taxpayers, in a round of Prime Minister’s Questions that saw the Labour leader emerge as a clear victor. Facing David Cameron at the dispatch box for the first time since becoming Labour leader, Miliband said hundreds of thousands of families with one stay at home parent would be unfairly affected by the plans. He said: “Hundreds of thousands of families… are asking this: why should a family on £45,000 where one person stays at home lose their child benefit… but a family on £80,000 where both partners in a couple are working should keep their child benefit?” Miliband, who had been expected to perform badly by some Tory strategists, said the changes would amount to a 6p rise in income tax for a family with three children on a post-tax income of £33,000, who would lose £2,500 under the plans. Cameron retorted that Miliband had “suddenly discovered” middle-income families, who he said were hammered by Gordon Brown, and claimed that “Red Ed” owed his job to the trade unions. However, the Prime Minister was visibly rattled by Miliband and put in a much less assured performance than normal. 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 TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Tags: NULL Wednesday 13 October 2010 8:32 pm Sharecenter_img whatsapp whatsapp Labour slams benefit plans Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap KCS-content last_img read more

The man who is set to bring more luxury to London’s five-star hotels

September 4, 2021

first_img LONDON’S five-star hotel market is set to take off over the next six months and a septuagenarian Maltese businessman called Alfred Pisani will be at the heart of the glamorous action.His £300m luxury Corinthia Hotel London, on Whitehall Place, is being completed and will take its first paying guests in April 2011. It is all part of a major trend for London, with a raft of other top hotels either coming back into service after extensive refurbishment or opening their doors for the first time. They include last month’s reopening of the Savoy on the Strand after a £220m multi-year refurbishment, as well as the new Hotel Verta, which comes complete with its own heliport in Battersea, W London on Leicester Square, and the reopening of the Four Seasons on Park Lane after a £70m makeover. All are slated to take guests by the first half of next year. Although the London luxury hotel market is set to become more crowded over the coming months, Pisani, who is chairman of the International Hotel Investments (IHI), which owns eight hotels (including London) and manages another 13, which stretch from Tripoli to Prague, is in no doubt why he is in the capital.“London is a great city,” says a relaxed but watchful Pisani. “It is still the financial centre of the world. It has people from all over the globe living here. And its cultural attractions have a strong pull.” Pisani, who comes from a wealthy Maltese family, is sitting in a suite in the Royal Horseguards Hotel, off Whitehall, with his back to his own hotel, which is just across the road. I have just come back from a tour of the site, which is busy with 1,500 builders working around the clock to rebuild the large Victorian building that had been the Metropole Hotel from 1885 until it closed in 1936. It was then taken over as a Ministry of Defence (MoD) building until three years ago.But the MoD moved out and the Crown Estates put the building up for sale in November 2007. Thirty bidders were whittled down to just one. “Crown Estates liked our plans to restore the building, which they thought would help regenerate the area,” says Pisani. The IHI chairman, who had spent five years looking for a site for a London hotel, signed the freehold for the building in April 2008.On opening day the hotel will boast 294 rooms including 45 suites as well as 12 private apartments. Among the hotel’s features will be an Italian and a British restaurant, a grand ballroom and a four-floor spa. Rooms will start from £400 a night, while suites will range from £2,500 to £15,000 a night. But if those prices seem steep, Pisani believes he is offering value for money.He says: “Our standard rooms are 45 sq metres, the largest rooms in their class in London. When the Metropole opened in 1885 it had 500 rooms. Our hotel will have 294 rooms. So you can see we are offering our guests more space even though land costs much more.”IHI holds an equal share in the hotel as part of a consortium, which also includes Nakheel Hotels of Dubai and the state-backed Libyan Foreign Investment Company.Pisani also thinks the rebounding London hotel market can afford these prices. He says: “This year and in 2009 rates and occupancy levels have been quite staggering.” A Deloitte survey last month found that average room rates in the capital had increased by 15.6 per cent over the previous three months. Pisani says that although the industry was hit by the financial crisis and recession, it was mid market hotels that were squeezed hardest, with the top end holding up well and budget hotels benefitting from guests trading down.The IHI boss predicts by the end of next year rates for five-star hotels will have risen back above the pre-crisis peaks of 2007.However, Pisani is aware that over the last two years guests have turned up to even luxury hotels and were confident of getting a discount. But he thinks that discounting is beginning to return to more normal levels.He says: “Generally our policy is to try and hold rates. But it is something you are always weighing up – the balance between rates and occupancy. It is a fine consideration.”Pisani says he was confident that signing the deal to buy the site at the start of the financial crisis would not prove a mortal blow for the project. But there was a minor knock on effect for the financing of his hotel. A consortium of banks led by Barclays was due to finance the venture at a spilt of 40 per cent equity and 60 per cent loans. After the crash this was changed to a 50/50 spilt, which delayed the project “for a few months”. The IHI boss is convinced the firm’s management style and attention to detail will make his hotel stand out and allow it to shrug off the competition.He points out that the only two fully completed bedrooms in his new hotel have so far had 27 people stay in them overnight, and as a result the layout of the rooms have been changed seven times. Also the marble in the bathroom comes from Carrara in Tuscany, where Michelangelo also sourced his. The marble for each bathroom was boxed on site so when it was fitted in London the grain in each room will be consistent.As regards management style, Pisani says his hotels aim for something that is “intimate” but not intrusive.He explains: “We don’t want too many ‘good mornings’ and ‘how are you’s?’ It feels too artificial. That can be part of the difference between feeling cold or comfortable in a hotel. We want the customer to feel relaxed in our hotels. It’s an intangible but you can feel it. Just like when you open an oven you can’t see the heat but you can feel it.”IHI’s London development is more than just another hotel for the group, which derives its turnover via a roughly equal mixture of management fees from running the hotels of other owners and revenue from its own hotels.Pisani hopes the London hotel will act as “a shop window” and that other owners will see and like the way his company operates. The hope is that this will attract more management business. The hotelier says: “Building your own hotels takes a lot of capital investment. We want to offer the services of our management company to other hotel owners. Once we get this moving we can shift the pace of our growth.” Last year IHI, which employs 6,000 staff, swung to a pre-tax loss of €1.6m (£1.36m) from a profit of €22.3m the year before. Sales also slipped 19 per cent to €103m. The firm has a market value of around €426m on the Maltese stock exchange, although the group complains its property portfolio is worth €1bn and a more liquid index would reflect that. The firm blamed the falls on an 18.6 per cent drop in revenues per available room in Europe, which plunged to 35 per cent in central Europe, where it owns three properties. Pisani, the second of four brothers, has long been the driving force behind the family-led business. His father held stakes in a matchbox factory and a flourmill in Malta, as well as a third property. After his father died Pisani borrowed $20,000 and built a restaurant. “But I didn’t see myself doing that for the rest of my life,” he says. And in 1964, when the island won independence from the UK, he saw the potential for tourism, borrowed $2.5m and built a 156-room hotel alongside the restaurant.He says: “I promised the bank I would put all my hard work into it. If I failed I would lose everything.”Two years later – in 1968 – the hotel opened, the gamble paid off, and that was the start of the Pisani family’s hotel empire. And at 71, Alfred Pisani’s latest move shows that he can still keep his nerve in heavy weather. The battle for London’s top hotel customers is about to get much tougher.CV | ALFRED PISANIAge: 71Work: The four brothers, led by Alfred, sold the stakes their late father had in a flourmill and a match factory and invested them in a restaurant in Malta, which opened in 1962. They then invested in a 156-room hotel on the same site, which opened in 1968. International Hotel Investments was floated on the Maltese stock exchange in 2000. He is chairman and CEO of the group, which owns eight hotels and manages a further 13. Education: St Edward’s College: “It was a strict catholic boarding school. I went there from seven to 16. And then I went to work for the family business.” Lives: Malta Tags: NULL Share whatsapp The man who is set to bring more luxury to London’s five-star hotels Sunday 14 November 2010 10:06 pm More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comcenter_img Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndoReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterUndoBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndo Show Comments ▼ KCS-content whatsapplast_img read more

Caledonia manages to trump FTSE by 5pc in its first-half

September 4, 2021

first_img Share More From Our Partners Mark Eaton, former NBA All-Star, dead at 64nypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.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.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com Tuesday 23 November 2010 7:11 pm Caledonia manages to trump FTSE by 5pc in its first-half Tags: NULL Show Comments ▼center_img whatsapp KCS-content 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 TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”Wanderoammoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com UK investment trust Caledonia Investments outperformed the FTSE All-Share Index by five per cent in its first half 2010 results, it said yesterday. Net asset value per share rose by 3.5 per cent to 2,105p from 2,034p while the index fell 1.5 per cent over the same period, the firm said in its interim results statement. It has raised its interim dividend by 4.7 per cent to 11.1p per share and remains confident it can continue its unbroken 43-year record of increasing dividends in its full-year results. Chief executive Will Wyatt said: “There’s been a general good tick up in the market and we’ve had some nice recovery in our unquoted portfolio, a lot of which is industrial-based.” Caledonia’s share price remained broadly the same in the six months to 30 September at 1,627p, up from 1,625p at 31 March. It invested £49m in the first half, including £25m of new investments into companies such as banknote printer De La Rue and Indian fund IAP Gateway to India, as well as £24m of follow-on investments. It realised £60m from existing investments. Unquoted investments performed strongly, rising 11.1 per cent, while its listed portfolio rose 2.5 per cent.Caledonia is currently trading at around a 19 per cent discount to earnings, which analysts consider wide.The firm’s outlook is cautious and it aims to increase liquidity above its current two per cent net cash level.“At the end of the day we will continue to try to grind out positive results and if we do that the performance and the share price will come,” Wyatt said. whatsapplast_img read more

Irish insurers in ratings warning

September 4, 2021

first_img Show Comments ▼ Irish insurers in ratings warning KCS-content Thursday 25 November 2010 8:34 pm Five insurers in Ireland have been warned they face downgrades to their credit ratings by Standard & Poor’s following its decision to downgrade Ireland’s sovereign debt. The units are Allianz’s Irish general insurance business and its Worldwide Care business, along with Aviva Insurance Europe, Irish Life Assurance and finally RSA Insurance Ireland. The Irish-based insurers of larger groups, were put on negative watch by S&P because of their exposure to the Irish market. whatsapp center_img Share Tags: NULL 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 PastUndoMoneyPailShe Was Famous, Now She Works In {State}MoneyPailUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemUndo whatsapp More From Our Partners Inside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.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.orgKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.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.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comlast_img read more

Bloomberg: I will not run

September 4, 2021

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 WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’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 Show Comments ▼ Tags: NULL Bloomberg: I will not run NEW York Mayor Michael Bloomberg yesterday fiercely denied rumours he would run as an independent for the US presidency.Asked if he would fight for the US top job, the 68-year-old mogul said, “no way, no how”.Appearing on NBC’s television show “Meet the Press”, Bloomberg said he intends to remain focused on being mayor, and that those urging him to seek the presidency “should cease and desist”.“The bottom line is that I’ve got a great job,” Bloomberg said.“I want to go out being, having a reputation, as a very good, maybe the greatest mayor ever.“I’m not going to run for president,” Bloomberg said.But he said he will continue to speak out on national issues that impact New York, such as immigration, federal regulation and US trade.A multibillionaire and founder of the Bloomberg news media empire, Bloomberg is a former Democrat turned Republican turned independent. He is in his third term as mayor of New York, with his current term not ending until 2014.While some of Bloomberg’s backers have urged him to run, Bloomberg attributed the talk to press rumours. whatsapp Share whatsapp Sunday 12 December 2010 11:26 pm KCS-content last_img read more

Gulf Keystone hits oil in Iraq

September 4, 2021

first_imgWednesday 5 January 2011 8:00 pm 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 AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definitionthedelite.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 whatsapp More From Our Partners Fans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comKiller drone ‘hunted down a human target’ without being told tonypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comFort Bragg soldier accused of killing another servicewoman over exthegrio.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com Gulf Keystone Petroleum said yesterday it has found a “massive” oil deposit in the Kurdistan region of Iraq, sending shares up 5.5 per cent to close at 173p. The firm estimated it has struck 220m barrels of probably oil reserves at a shallower depth than previous discoveries, with the potential for up to 2.2bn barrels under less certain estimates. The UK listed company owns a 75 per cent stake in the block, and said the well would now be converted to produced oil from the deeper geological reserves while it worked to develop the shallower resources. Gulf Keystone is currently contesting claims made against it by Excalibur Ventures over an interest of up to 30 per cent in its Kurdistan blocks. Tags: NULLcenter_img Share KCS-content Show Comments ▼ Gulf Keystone hits oil in Iraq last_img read more

Virgin posts strongest full-year results

September 4, 2021

first_img whatsapp Virgin Media added a solid number of new customers in the fourth quarter and extracted record customer spend, helping it to post its best ever full-year financial results.Virgin Media, which competes with BT and BSkyB to provide broadband, telephony and pay-TV, said it added 17,100 net new subscribers in the last three months of the year.Cable customer net additions for the full year were 76,600, up from 17,600 for 2009, due to good demand for broadband.It sold 44,100 new broadband products to customers and 12,100 new TV services, taking the average revenue per user up 4.9 per cent to a new record £47.51pThe strong operating performance helped Virgin Media to post quarterly revenues over 1 billion pounds for the first time.Fourth quarter revenue was up 6.6 per cent to £1bn, ahead of a company supplied poll forecasting £992m, operating cash flow was up 9.9 per cent to £404m, also ahead of forecasts.“A strong financial performance combined with the launch of a number of market leading product developments ensured 2010 was a year of great achievement for Virgin Media,” Chief Executive Neil Berkett said.“We have driven our consumer division to its highest ever rate of revenue growth, maintained robust cost control and delivered our best ever financial year.” John Dunne whatsapp Share Thursday 17 February 2011 2:51 amcenter_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?MisterStoryUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndoTotal 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 AthletesBetterBeUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndo More From Our Partners Fans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comColin Kaepernick to publish book on abolishing the policethegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKansas coach fired for using N-word toward Black playerthegrio.comKiller drone ‘hunted down a human target’ without being told tonypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comMark Eaton, former NBA All-Star, dead at 64nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com Virgin posts strongest full-year results Tags: NULLlast_img read more

FSA puts back date for bank probe report

September 4, 2021

first_img Sunday 6 March 2011 10:55 pm Tags: NULL whatsapp Show Comments ▼ KCS-content Share whatsapp BRITAIN’S financial watchdog has delayed the publication of a long-awaited report into the Royal Bank of Scotland’s collapse during the financial crisis.The Financial Services Authority (FSA) had promised to publish its findings later this month, yet it will now wait until April at the earliest to make its investigation public.The regulator is currently compiling a report, including interviews with top staff, into the management of the bank in the run up to its £45bn government bailout.It has already spent £7.7m in fees investigating RBS, although it has yet to reveal any substantial findings.In December, the FSA caused outrage amongst the public and politicians after it said it would not reveal the findings of its initial investigation.After the outcry, chair of the watchdog Lord Adair Turner wrote to Treasury Select Committee chairman Andrew Tyrie saying a public report would be compiled.However, a number of key players with knowledge of RBS’ operations during the financial crisis have yet to be interviewed, according to reports.Former RBS chief executive Sir Fred Goodwin is said to have been interviewed just once, for a short period, several months ago.A requirement for the regulator to gain the permission of those it interviews for the report could also be causing a delay, according to former FSA official Ian Mason.Now the head of law firm Baker & McKenzie’s regulation team, he said: “They’ll try and publish as much as they can whilst protecting the interests of those that have been investigated.”He added: “They’ll have put quite a lot of thought into how to publish this. Given the interest there’s been they can’t want to delay it for much longer.“They can’t put something out there that is just a one page summary that’s quite bland. The expectation is that there will be detail.” 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 WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapKatt Williams Explains Why He Believes There ‘Is No Cancel Culture’ inThe Wrap FSA puts back date for bank probe report last_img read more