Price hike joy at Kazakhmys

first_imgThursday 26 August 2010 8:14 pm Price hike joy at Kazakhmys KCS-content 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 KAZAKH copper miner Kazakhmys benefited from the rise in commodity prices in the last six months, but warned yesterday cost hikes could catch up and dent future earnings. Underlying profit rose 159 per cent to $696m (£448m)?in the six months to July, though pre-tax profit dropped 5.2 per cent to $631m due to exceptional items. The profit gains were lifted by strong copper prices in particular. The company said it sold its metal at an average of $6,981 per tonne, up 73 per cent from last year.The London-listed group said it expects to feel an impact from costs in diesel and steel as well as currencies, and forecast that full-year gross cash costs would rise to 180 to 200 cents per pound from 159 cents last year.“It’s likely to be towards the north of that guidance because we are seeing some cost pressures,” said chief financial officer Matthew Hird yesterday, adding that cost increases for the rest of the year could hit five per cent.The company said its smaller power, gold and petroleum divisions were also performing well. Spending on new and existing projects rose by 48 per cent to $290m, after a year of cash conservation. Kazakhmys also confirmed it is considering a secondary listing in Hong Kong. “We want to raise our profile in China. It is our core market. This would be one way to do it,”?said chief executive Oleg Novachuk. Shares closed up 5.2 per cent at £11.29 yesterday making the mining company the biggest gainer in the FTSE 100. Show Comments ▼ whatsappcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorBrake For ItThe Most Worthless Cars Ever MadeBrake For ItTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading Blvd whatsapp Share Tags: NULLlast_img read more

McBride profit up despite raw materials price hike

first_imgThursday 2 September 2010 3:23 am by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.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.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comWhy people are finding dryer sheets in their mailboxesnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.com whatsapp McBride, Europe’s biggest maker of retailer own-brand household and personal care goods, said it faced rising raw material costs and weak retail markets as it met forecasts with a 38 per cent rise in annual profit.However the British-based group, which warned about a tough outlook in June, said it was better placed to cope with challenging conditions than in the past and that trading since its financial year-end was in line with its expectations.It also said it had agreed to buy an initial 70 per cent interest in Dermacol, a privately owned, Czech-based manufacturer of skincare products for an expected £8m. It will buy the rest in 2017.McBride, which is looking to expand into faster-growing emerging markets and higher-margin personal care products, said it made an adjusted operating profit of £50m in the year ended 30 June.The full-year dividend was lifted 13 per cent to 6.8 pence a share, while net debt was cut by £22.4m to £60m.Chief Executive Chris Bull said: “Although weak retail markets and raw material inflation will remain challenging in the short term, our balance sheet remains strong.“McBride is better placed than previously to manage raw material cost inflation,” he added. McBride shares have lost 22 per cent of their value since the June warning on worsening trading conditions. Share whatsappcenter_img Tags: NULL McBride profit up despite raw materials price hike Show Comments ▼ John Dunne last_img read more

Michelin senior bosses launch charm offensive

first_img whatsapp Show Comments ▼ MICHELIN senior management, including chief executive Michel Rollier, will meet investors and analysts this week to reassure them over the group’s €1.2bn (£1.03bn) rights issue.The group yesterday said it remained confident about its move despite the intensely negative reaction from the market over its deeply discounted rights issue, which saw shares plummet by more than 10 per cent on the day it was announced. Rollier is to meet with analysts and investors throughout next week to defend the group’s move and explain Michelin’s long-term strategy. The group launched the rights issue to help fund expansion and to prop up its credit rating. But brokers, along with investors, were surprised by Michelin’s announced move. UBS analysts said yesterday in a note that the bank had also been surprised by the timing of Michelin’s decision.Similarly, Standard & Poor’s Equity Research said it believed that Michelin’s sudden change in strategic emphasis had been taken negatively by the market, while AlphaValue downgraded the French group to “add” from “buy” on the news. whatsapp Wednesday 29 September 2010 10:48 pm KCS-content Sharecenter_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 Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe 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 Michelin senior bosses launch charm offensive 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 Tags: NULLlast_img read more

Osborne to scrap child benefit for high earners

first_imgMonday 4 October 2010 3:04 am Share Tags: NULL whatsapp John Dunne Child benefit is to be axed for higher rate taxpayers from 2013, George Osborne has announced.The chancellor said the move would save an estimated £1bn.He said: “It’s a big decision for us, but we think it’s absolutely necessary and fair given the financial situation we face.”Families earning over about £44,000 would be affected.“It’s very hard to justify taxing people on much lower incomes in order to pay the child benefit to some of the better off in our society.“It’s not a decision taken lightly, but given the scale of the debts Labour’s left us with, and given they’ve left us with no plan and we’ve had to come up with proposals, we think this is fair, Osborne added.At the moment, parents are paid £20.30 a week for the eldest child and £13.40 for subsequent children, with payments continuing until the age of 19 for those in full-time education. center_img 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.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times More From Our Partners Mark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida 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.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com Osborne to scrap child benefit for high earners Show Comments ▼ whatsapplast_img read more

The City must have a competitive tax regime

first_imgSunday 24 October 2010 10:40 pm whatsapp Show Comments ▼ KCS-content 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 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 AthletesBetterBeUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndo At a time when many western economies are experiencing sluggish growth and painful fiscal readjustment, it is more important than ever that the UK strengthens ties with high growth markets to sustain and indeed accelerate our recovery.So as I prepare to lead a business delegation to India next week, fresh from visiting Latin America earlier this month, I will be stressing London’s position as a truly international centre capable of meeting the financing needs of companies of all sizes and nationality.This is especially true when it comes to capital raising. Essar Energy, for example, made a premium listing onto the FTSE 100 earlier this year having raised US$1.94bn – the largest ever Indian equity issue in London. Meanwhile, despite widely reported difficulties AIM continues to provide a strong platform for growth companies – with 18 new listings in the second quarter of 2010, compared to eight last year.Therefore I welcome a new report published by the City of London Corporation showing how a combination of infrastructure development, increasing domestic consumption, privatisation and post-crisis economic growth will fuel demand for investment capital among emerging market companies in the near term.The London equity market is popular because it provides access to the largest pool of international equity assets in the world, and sets high standards of regulation and corporate governance. Despite the financial crisis, capital raising is performing well, with £186bn raised since 2007. UK policymakers must ensure London’s position is supported with a clear, competitive approach to regulation, taxation and immigration.It is in this light that the government’s publication of draft legislation outlining a levy on the banks last week should be considered.The UK financial and professional services industry is more than ready to make a “fair contribution” to the wider economy as outlined by the Treasury Financial Secretary. City businesses, located across the UK, are already making a significant contribution towards the recovery – generating 10 per cent of GDP, 12.1 per cent of total tax revenues in 2008/09 and employing over one million people.We will only be able to judge the effect of this proposed bank levy over a number of years but it must be remembered that – as the chancellor noted during the Comprehensive Spending Review – any taxation of the City needs to be “sustainable”. It is imperative that we have a competitive tax regime that supports the UK’s position as a global financial centre, and home to over 250 foreign banks.Nick Anstee is Lord Mayor of the City of London whatsapp The City must have a competitive tax regime last_img read more

BAT volumes dip as slump takes its toll

first_imgWednesday 27 October 2010 8:21 pm BAT volumes dip as slump takes its toll 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 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 BRITISH American Tobacco, the world’s second-largest cigarette maker, posted a bigger than expected three per cent fall in underlying nine-month volumes and said the recession’s impact on smokers showed no sign of abating.The maker of Kent, Dunhill, Lucky Strike and Pall Mall cigarette brands said yesterday that although sales volumes dipped, revenue showed good growth helped by price rises, the weak pound and the purchase of PT Bentoel in Indonesia in June 2009, and it still saw a year of good earnings growth for 2010. The London-based group said the volume decline was due to recent flooding in Pakistan, a rise in illegal trade in countries including Turkey and South Africa as well as tough trading conditions in Germany. “The challenging economic conditions, excise driven price increases and high unemployment have led to some softening of our volumes. The recession’s impact on consumers shows no signs of abating,” said chief executive Paul Adams. whatsapp center_img Share 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 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.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Show Comments ▼ Tags: NULL whatsapplast_img read more

Beazley sweetens its offer for rival Hardy

first_imgMonday 15 November 2010 8:34 pm LLOYD’S of London insurer Beazley threatened to pull its bid approach for rival Hardy Underwriting after a sweetened offer worth £174m was rejected.Dublin-based Beazley said yesterday it would walk away unless Hardy agreed to discuss its revised 330p per share proposal, up from an initial 300p last month.Hardy said the new proposal still “substantially undervalues” the company, describing it as “an attempt to acquire the company opportunistically”.Beazley chief executive Andrew Horton has indicated he will discuss the latest proposal directly with Hardy’s shareholders this week. Horton has said the offer will be withdrawn if shareholders do not bite at or around the 330p level.Lloyd’s of London insurers have been at the centre of takeover speculation because an unpromising trading environment has weighed on their share prices, opening up potentially attractive acquisition opportunities. Brit Insurance last month accepted a $1.4bn (£872m) offer from buyout firms Apollo Management and CVC Capital Partners after a four-month takeover battle.Buying Hardy would diversify Beazley’s predominantly US-focused business, while giving it access to more lucrative catastrophe insurance business. More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.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.orgKiller drone ‘hunted down a human target’ without being told tonypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPuffer fish snaps a selfie with lucky divernypost.com Beazley sweetens its offer for rival Hardy 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 TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemZen 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.comBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure Solution Show Comments ▼center_img whatsapp KCS-content Share whatsapp Tags: NULLlast_img read more

BEST OF THE BROKERS

first_img whatsapp BEST OF THE BROKERS Show Comments ▼ Tags: NULL NORTHERN FOODSEvolution Securities has upgraded the food firm to a “buy” with an upgraded target price of 60p. The broker believes the company’s planned merger with Greencore to create Essenta will create a market leader with a complementary mix of products, with synergy savings of up to £90m. The new firm’s proforma dividend per share remains attractive with a seven per cent yield, Evo adds.INTERNATIONAL FERRO METALSNumis rates the steel product producer a “buy” with a target price of 50p. The broker says the firm’s recent AGM statement was mainly positive, with expected root and branch cost-cutting and concerns about rising costs. The firm was optimistic on demand for stainless steel, particularly in China, but the broker sees danger in the South African Rand gaining strength and further dampening growth in the country.EXPERIANJP Morgan Cazenove rates the credit-checking company “overweight” with a target price of 800p. The broker believes the Irish financial crisis will likely have a minimal impact on the Dublin-based firm, with a tax rate in the low-20s set to continue in the short-term. It adds that in the unlikely event of a tax rise to 35 per cent for the group, Experian would lose 16 per cent of its overall earnings. 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 A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesNoteabley25 Funny Notes Written By StrangersNoteableyWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical GeniusZen 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 Times center_img KCS-content Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily 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 ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof Share whatsapp Wednesday 24 November 2010 7:28 pmlast_img read more

Factory output slumps in Japan, S Korea

first_img whatsapp Tuesday 30 November 2010 3:17 am 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 FarmReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter Center FACTORIES in Japan and South Korea cut output in October, adding to evidence of an Asia-wide slowdown.Japanese companies cut production for the fifth month and by the biggest margin since February 2009, while South Korea’s industrial output fell for the third month in a row, disappointing markets which had bet on a rebound.In contrast, India asserted itself as a regional standout, reporting that its economy grew 8.9 per cent in the past quarter from a year earlier, beating market forecasts.The fall in Japan’s output was expected – in fact a drop of 1.8 per cent was smaller than the forecast 3.3 per cent decline – after a key stimulus measure, incentives for buyers of fuel-efficient cars, expired in September, and exports continued to cool.The drop, however, cemented expectations that the world’s third-largest economy after the United States and China would contract in the final quarter of the year after a stimulus-driven spurt in the third quarter.South Korea, among the first economies to regain cruising speed after the global recession, is also losing steam. The surprising 4.2 per cent drop in output in October from September convinced analysts that the central bank there will keep rates on hold in December after a rise this month.But economists and businesses were more upbeat about the outlook than their Japanese peers and Seoul is still betting on solid export growth next year.“The inventory rebuilding cycle after the recession has come to an end, and what we’re left with is final domestic demand, which isn’t doing that well across the globe,” said Dariusz Kowalczyk, senior economist and strategist at Credit Agricole CIB in Hong Kong.The numbers follow reports from across Asia that showed most economies were losing traction in the third quarter faster than thought as the initial spurt of foreign demand late last year and early in 2010 waned. alison.lock 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 Proofcenter_img whatsapp Share Tags: NULL Show Comments ▼ Factory output slumps in Japan, S Korea last_img read more

BT retail chief joins the board at British Airways

first_img Share BT retail chief joins the board at British Airways whatsapp More From Our Partners Florida 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.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity 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 HeraldHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemZen 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.comcenter_img Show Comments ▼ BT’S head of retail Gavin Patterson is to join the board of British Airways (BA).Patterson, who also has a place on the BT Group board, resigned as a director of Johnston Press last year.BA sales and marketing director Andrew Crawley, who was acquitted during the collapsed price fixing case in May, has been promoted by the airline to commercial director.Jumeirah Group chief operating officer Frank van der Post will join BA as managing director of brands in January.BT announced its own shake-up at its Global Services division yesterday, creating four new executive roles.Andy Nicholson will head up Global Service’s global banking and financial markets arm; Neil Rogers leads for global government & health; Kim McMann will run global consumer packaged goods and Bas Burger takes charge of the firm’s global commerce organisation. They will report to Global Services chief executive Jeff Kelly. Thursday 2 December 2010 8:11 pm KCS-content Tags: NULLlast_img read more