Warren eyes watchdog job

first_img Warren eyes watchdog job Tags: NULL KCS-content Show Comments ▼ More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.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.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com AMERICAN President Barack Obama is close to appointing Wall Street critic Elizabeth Warren as his interim consumer finance regulator, according to reports last night. Lawmakers have pressed Obama to instead hire a permanent head for the new consumer financial protection agency, which would mean a fierce debate in the Senate over Warren’s suitability. Warren, 61, is a Harvard law professor and bankruptcy expert who has served as chair of the Congressional Oversight Panel, a watchdog for the US financial bailout program.Her appointment is opposed by the financial industry and many Republicans, who contend she would impose heavy-handed regulations that would hurt Wall Street’s profits and global competitiveness.The new agency will have power to write and enforce rules on credit cards, mortgages and other products. whatsapp Share whatsapp Tuesday 14 September 2010 9:13 pm last_img read more

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Moelis gets full FSA licence

first_imgMoelis, which has been actively poaching some of the stars of the UK market in recent months since setting up in the UK around 18 months ago, has until now been “incubated” by Sturgeon Ventures, which specialises in supporting financial services start-ups.It is now fully independently authorised by the regulator.Moelis, a purely advisory firm along the lines of Lazard and Rothschild, was set up in the US before the crisis by Ken Moelis, a former president of UBS Investment Bank on Wall Street.It has since built up a strong presence in the UK with the appointment of Mark Aedy, the ex-head of EMEA investment banking at Bank of America Merrill Lynch, as head of its own operations in the region, driving large-scale business wins such as advising Dubai World on its restructuring plans.It has also taken on Bank of America Merrill Lynch’s former vice chairman of EMEA investment banking Caroline Silver and just last month poached Stephen Aulsebrook, the ex-chief executive of DC Advisory Partners (formerly Close Brothers Corporate Finance), as a managing director. More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.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.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice 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.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.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.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.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.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.com whatsapp KCS-content Share Thursday 14 October 2010 9:09 pm Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNoteabley25 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 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 INVESTMENT banking group Moelis has cemented its ambition of conquering the European market after receiving its full licence from the Financial Services Authority. whatsapp Moelis gets full FSA licence Tags: NULLlast_img read more

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Revenues see Virgin Media back in profit

first_img KCS-content More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comWhy people are finding dryer sheets in their mailboxesnypost.com Share VIRGIN Media’s third quarter results showed a healthy return to profit after last year’s loss of £78.1m, marking its first quarter in the black since the collapse of predecessor NTL. Pre-tax profit for the third quarter this year has jumped up to £9.9m, with earnings-per-share rising from an 18p loss last year to a 13p profit for the same period this year.The results also show that the communications provider has slowed its recruitment of new customers, but revenues per customer are up.Total revenues grew 6.4 per cent on 2009, reaching £978m. But the number of new subscribers was down by more than half in some areas, with net additions in TV shrinking 60 per cent and 11 per cent in cable telephony. The results reflect a decision to focus on generating higher-value customers: average revenue per user was up 3.7 per cent to an all-time high of £46.38. For example, the number of subscribers to its two top-tier broadband services has increased by 41 per cent to 708,300, but the rate at which it recruited new broadband users was down 13 per cent on last year. Third-quarter profits also benefited from the £14.4m sale of VMTV to BSkyB, completed in July.In addition to encouraging customers to upgrade their subscriptions, Virgin is aiming to increase its premium service offering by launching ultra-fast broadband. The firm opened pre-registration for the 100Mb line yesterday, claiming it would deliver a service up to ten times faster than the UK average. It also continued its share buyback programme. The firm has already bought back £125m of stock and has board authority for a further £250m. Wednesday 27 October 2010 8:05 pm Tags: NULLcenter_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 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 CenterZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Herald Revenues see Virgin Media back in profit whatsapp Show Comments ▼ whatsapplast_img read more

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Doubts hang over Cairn’s Indian sale

first_img UK OIL and gas explorer Cairn Energy yesterday cast doubt on the planned sale of most of its Indian business to miner Vedanta Resources for up to $8.5bn (£5.4bn)?, but said it still hoped to seal the deal next year.Cairn said there was no guarantee it would sell 40 to 51 per cent of its 62.4 per cent stake in Cairn India to London-listed Vedanta due to regulatory uncertainty.Cairn investors had hoped the deal would close by the end of the year, but the government is still deciding whether to back it in the face of complaints from state-controlled ONGC, Cairn India’s partner in the massive Rajasthan oilfields. ONGC would like the tax rules changed to reduce its tax burden as part of the deal.Cairn’s deputy chief executive Michael Watts told the Independent and Junior Oil Congress in London that the group still expected the deal to close in the first quarter of 2011, but he added: “You can’t guarantee these things because there are three parties: the government, ourselves and Vedanta.”Watts said Cairn had not sought out the sale and that the company was happy to keep the 40 to 51 per cent stake in Cairn India that it agreed to sell.“If it goes through or it doesn’t go through, it doesn’t change the reality that it’s a hell of a good project,” Watts said.Vedanta, which mines zinc, aluminium, copper and iron in India, hopes to use the Cairn stake to expand in the oil and gas market.Cairn plans to use the proceeds of the sale to return billions of dollars to shareholders and to fund exploration in Greenland.Cairn India’s main asset is a 70 per cent stake in the Rajasthan oil development project with an estimated 6.5bn barrels of oil and gas. Show Comments ▼ 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 TimesUndoBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionUndomoneycougar.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 FollowAlphaCuteUndoBlood Pressure For LifeWhy Doctors May No Longer Prescribe Blood Pressure MedsBlood Pressure For LifeUndoLiver HealthAdvertisement 1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndo Share KCS-content Tuesday 16 November 2010 8:01 pmcenter_img whatsapp whatsapp Doubts hang over Cairn’s Indian sale 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 Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe 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 Tags: NULLlast_img read more

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Italian business morale boost

first_img Further Eurozone relief came from Italy yesterday, where business confidence edged upwards for November. The ISAE research body announced an index score of 101.6 for the month, a boost for the Italian manufacturing sector. The score was up from 100.1 recorded in October, considerably above the level expected by economists who had predicted a decline. The results follow similar surveys in Germany and Italy, which showed confidence increases in both countries earlier in the week. whatsapp 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 whatsapp Thursday 25 November 2010 7:55 pm Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndoReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterUndo Italian business morale boost center_img Tags: NULL Share Show Comments ▼ KCS-content last_img read more

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Xcite suffers after hit by more delays at Bentley field

first_img Xcite suffers after hit by more delays at Bentley field KCS-content whatsapp whatsapp Wednesday 15 December 2010 8:05 pm Tags: NULL AIM-listed oil explorer Xcite Energy said work at its Bentley field in the North Sea has been delayed again by poor weather conditions and technical glitches yesterday. The firm, which had hoped to start oil flow testing in the first week of December, said yesterday work will not begin until weather and operational conditions improve. Aberdeen-based Xcite said however that plans for an alternative testing procedure were underway. Shares in Xcite, which almost doubled in price when the firm confirmed the presence of oil at the well in October, closed 11.4 per cent down at 226.85p. More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.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.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.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.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comWhy people are finding dryer sheets in their mailboxesnypost.com Show Comments ▼ Sharelast_img read more

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US factory output accelerated in November

first_img Show Comments ▼ NEW orders received by US factories unexpectedly rose in November, and orders excluding transportation recorded their largest gain in eight months, providing more signs that its economic recovery is on a sustainable path.The Commerce Department said on Tuesday orders for manufactured goods increased 0.7 per cent, after dropping a revised 0.7 per cent in October.Manufacturing has been the star performer during the US’ recovery from its worst recession in 60 years, and continues to expand as factories appear to be ramping up activity to meet rising demand from consumers and businesses.Analysts have forecast economic growth at an annual pace of between three per cent and 3.5 per cent in the fourth quarter, after a 2.6 per cent expansion in the third quarter.US financial markets had little reaction to the data, with stocks little changed as optimism over the economic outlook was offset by a decline in consumer stocks.Yesterday the US Institute for Supply Management said its index of national factory activity climbed to a seven-month high in December, hoisted by sturdy gains in new orders and production.The Commerce Department report showed orders excluding transportation increased 2.4 per cent in November, the highest since March, after a 0.1 per cent gain the previous month.Unfilled orders at US factories increased 0.6 per cent in November after rising 0.7 per cent the prior month. Shipments increased 0.8 per cent, rising for a third consecutive month, while inventories gained 0.8 per cent after rising 1.1 per cent in October. alison.lock 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 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 ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily Proofcenter_img Tuesday 4 January 2011 10:37 am Share whatsapp Tags: NULL US factory output accelerated in November last_img read more

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What the other papers say this morning

first_img KCS-content whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal 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’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Tags: NULL What the other papers say this morning More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.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.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com Show Comments ▼center_img Share Wednesday 5 January 2011 9:35 pm whatsapp FINANCIAL TIMESHEDGE FUNDS BET ON REVIVAL OF FORTUNESAfter one of their most disappointing years, hedge fund managers are hoping for a better 2011 with less macro economic volatility and more corporate events to bet on, such as takeovers. As of the end of November, the average hedge fund had returned just over 7 per cent for the year, according to Hedge Fund Research – underperforming leading stock market indices over the same period. Among hedge funds, equity long/short managers – who follow the most common hedge fund strategy – averaged just 6.7 per cent, according to HFR. Investors in hedge funds expect better performance ahead.CHINA EYES CREATION OF GLOBAL RAIL LEADERChina is considering merging its two dominant state-owned railway equipment producers to lead a high-speed rail export drive, in a move that would create the world’s largest company of its kind in terms of operating revenue. If approved, the merger of China North Locomotive and Rolling Stock Corp (CNR) and China South Locomotive and Rolling Stock Corp (CSR) would form an entity controlling well over 90 per cent of the domestic Chinese rail equipment market.LOVEFILM EYES BENEFITS OF PAY-TV MOVIE RULINGLovefilm, the DVD rental and online movie company, is poised to exploit a possible loosening of British Sky Broadcasting’s grip on movies shown on UK pay-television, according to one of its founders. Simon Morris, who is the chief marketing officer of Lovefilm, said yesterday that a recent European Commission statement about British Sky Broadcasting’s arrangement with the six largest Hollywood studios was “very interesting to us”.THE TIMESOVERBLOWN BBC SHOULD TRIM ITS SAILS, SAYS ATTENBOROUGHThe BBC is too big and should cut back on some of its activities, Sir David Attenborough, the naturalist and veteran of the corporation, has warned. Sir David, a former controller of BBC Two who oversaw the introduction of colour television to Britain, said that in recent years the BBC had “strayed from the straight and narrow on a number of courses”.CABLE OFFERS A MODERN PASSAGE TO INDIAThe first part of the Europe India Gateway, running from Bude on the North Cornwall coast to Egypt, will come on stream in March and by the summer the rest of it, running through the Suez Canal to the west coast of India, touching thirteen countries, will be running. It will enable speeds of up to 100 gigabits per second.The Daily TelegraphBRAZIL PLEDGES TO STOP US MELTING THE DOLLARBrazil has sounded a new note of warning in the international “currency war” by pledging not to allow the United States to “melt the dollar”. Guido Mantega, the Brazilian finance minister, raised the prospect of introducing greater controls on short-term flows of speculative capital into his country.EU PLANS FOR BONDHOLDER HAIRCUTS UNSETTLES DEBT MARKETSThe European Commission will today press ahead with plans to spread the burden of EU bank failures to senior bondholders, marking the start of harsher times for Europe’s creditors.Michel Barnier, the single market commissioner, will publish a “consultation paper” outlining ways to shield taxpayers from banking crises – the first stage of an eventually binding law.THE WALL STREET JOURNALHP MARKETING CHIEF LEAVESHewlett-Packard chief marketing officer Michael Mendenhall has resigned, according to people familiar with the matter, one of the first departures from among HP’s senior ranks since Leo Apotheker became chief executive in November. Mendenhall, who is also an HP senior vice president, is leaving for a new job, these people said. AT&T PINS 4G LABEL TO EXISTING NETWORKAT&T flipped a switch and turned on its 4G wireless network yesterday. The switch, however, was in the company’s marketing department. By relabeling its existing 3G network, the country’s second-largest wireless carrier joined the noisy fray over so-called fourth-generation wireless technology promising super fast mobile Internet speeds. last_img read more

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Goldman’s Cohn’s warning makes hedge funds furious

first_img Goldman’s Cohn’s warning makes hedge funds furious whatsapp Tags: NULL KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal 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 AthletesBetterBeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldDrivepedia20 Of The Most Underrated Vintage CarsDrivepedia Show Comments ▼ Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily 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 ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautCheese Crostini: Delicious Recipes Worth CookingFamily Proofcenter_img COMMENTS made by Goldman chief operating officer Gary Cohn in Davos this week have sparked fury among hedge fund investors, who form a large part of Goldman’s client base.Cohn sounded a warning about banking regulation on Wednesday at the World Economic Forum, saying that over-regulation could push dangerous practices into “the shadow banking system”.Although he did not explicitly point the finger at hedge funds, his remarks were widely interpreted to be targeting them. He claimed that the “unregulated sector” would experience a boom due to stringent new regulations imposed on banks and that risk “will move from the regulated, more transparent banking sector to a less regulated, more opaque sector”.But a hedge fund industry source told City A.M.: “The idea that the hedge fund sector is unregulated is complete tosh. And the idea that we are all better-off if banks are handling risk is absurd because they are the ones that bankrupted themselves.”“It’s much better to disperse risk among smaller players who are small enough to fail,” said the source.But despite the framing of his remarks, Cohn is now the third senior banking executive to speak out against anti-banker measures recently, after Barclays’ Bob Diamond said it was time for banks to stop saying sorry and JP Morgan’s Jamie Dimon said that overly generalised criticism of bankers was “unfair”. whatsapp Share Thursday 27 January 2011 8:39 pmlast_img read more

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AOL to pay £222m for Huffington Post

first_img AOL to pay £222m for Huffington Post Monday 7 February 2011 3:14 am Share Tags: NULL More From Our Partners Mark Eaton, former NBA All-Star, dead at 64nypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.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.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com whatsappcenter_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 PastZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldSerendipity 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’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm John Dunne US internet firm AOL has sealed a buyout of the Huffington Post online newspaper for $315m (£222m).The deal will create an internet media group with 270m users.The cash will be paid to co-founders Arianna Huffington and Kenneth Lerer as well as a few handful of shareholders.Huffington will head the combined firm’s content division.This means she will take on responsibility for AOL sites such as Engadget and Techcrunch, as well as retaining her current role at the centre-left website she helped set up in 2005.“The Huffington Post will continue on the same path we have been on for the last six years – though now at light speed – by combining with AOL,” said Huffington and AOL in a joint statement. Show Comments ▼last_img read more

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