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Hague’s adviser resigns

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save ThousandsThe No Cost Solar ProgramTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastAll Things Auto | Search AdsNew Cadillac’s Finally On SaleAll Things Auto | Search AdsBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionHero Wars This game will keep you up all night! Hero Wars BetterBe20 Stunning Female AthletesBetterBeLiver Health1 Bite Of This Melts Belly And Arm Fat (Take Before Bed)Liver Health Share Hague’s adviser resigns whatsapp Show Comments ▼ FOREIGN secretary William Hague’s special adviser resigned yesterday because of “untrue and malicious” allegations about the nature of the two men’s relationship.Hague denied suggestions Christopher Myers, a 25-year-old Durham graduate, was appointed for improper reasons. Although he admitted the pair occasionally shared hotel rooms during the general election campaign, Hague said: “[Christopher] is easily qualified for the job he holds. Any suggestion that his appointment was due to an improper relationship between us is utterly false.” The foreign secretary also revealed he and his wife have suffered multiple miscarriages and are still grieving the loss of a pregnancy this summer. His rebuttal followed inquiries by a Sunday newspaper and claims on the Guido Fawkes website. Hague insisted he had a strong relationship with wife Ffion. Wednesday 1 September 2010 8:51 pmcenter_img whatsapp More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com KCS-content Tags: NULLlast_img read more

Shibby loses out as Sugar’s Apprentices meet at dawn

first_img Shibby loses out as Sugar’s Apprentices meet at dawn Tags: NULL whatsapp Show Comments ▼ Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndo Just how do the Apprentices manage to be so peppy at 6am? Could it be down to the little motivational chats they give themselves as they stare into the mirror? “Looking good”, “bring it on”, “raring to go” they intoned. Suitably pumped up, they met their master in the genteel surroundings of Fortnum & Mason, Simply the Best presumably playing in their heads.It was another food task, this time making and flogging bread and muffins. Lord Sugar talked of “turning flour into serious dough”. It’s a mark of how badly the contestants want to win that some of them managed a smile.After the macho posturing and cat fighting of previous weeks, the boys and girls were mixed up. Apollo chose surgeon (and sometime comedian and impressionist) Dr Shibby as their leader. As a self-confessed “business virgin”, he was keen to be taken seriously: “I’m passionate and I’ll smack your bums if I have to”. Talk about bedside manner.Apollo went for Melissa. Given that her background is food, she seemed a good choice but she lacked a little something. Basic numeracy, perhaps. Pitching to the catering team at the Park Plaza Riverfront, Melissa kept her client waiting for 15 minutes as she pecked desperately at a pocket calculator. All they wanted to know was how much each bread roll would cost. Eventually she settled on a figure: £1.82.On the other team, Paloma was much more accommodating. Ignoring poor Shibby, she offered the same hotel anything they wanted, ignoring the fact that they’d actually have to make them at some point. “We can absolutely guarantee that we will meet that deal tomorrow morning” she insisted after securing an order for 1,000 rolls. They managed to make 16.Having lost the task, Shibby took Paloma into the boardroom and Lord Sugar’s attempts at creating harmony by mixing the sexes fell apart completely. “We’re on different wavelengths”, ventured Shibby. “Clearly – I’m a business woman and you’re a joke” retorted Paloma. Also pleading her case was Sandeesh. In fairness, making muffins is a bit beneath her: according to her application she’s planning to propel Lord Sugar to world domination. Perhaps savouring the thought of making the planet his boardroom, Lord Sugar kept her and dispensed with Shibby. And so the doctor left the building, his (business) virginity intact. Share whatsapp Wednesday 20 October 2010 7:40 pm KCS-content last_img read more

New Google Nexus set to hit UK in next few weeks

first_img More From Our Partners Biden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark 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.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.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.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comWhy people are finding dryer sheets in their mailboxesnypost.com whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure Solutionmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comBlood Pressure For LifeWhy Doctors May No Longer Prescribe Blood Pressure MedsBlood Pressure For LifeTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver Healththedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com whatsapp THE NEW Google phone is set to hit UK stores in the next few weeks, as exclusively revealed by City A.M. last month.Google chief executive Eric Schmidt has unveiled a new phone running its Android operating system – believed to be the second version of its Nexus branded handset – that will hit stores in the “next few weeks”.The phone is understood to be tied to an exclusive deal with Best Buy in the US. Last month we revealed a new Nexus phone will hit the UK before Christmas through an exclusive tie-up with the Carphone Warehouse – the European partner of Best Buy.The new phone, which will run “Gingerbread” – the latest version of the Android operating system – will also feature new contactless payment technology, allowing users to pay in stores by swiping their phones. Schmidt says the technology – which was previewed in Barcelona last month – could replace credit cards.The new handset, which will likely be called the Nexus S, will be the first released through an exclusive tie-up with a retailer. The Nexus One was released through an exclusive deal with carrier Vodafone in the UK.The phone’s manufacturer was not revealed but HTC – maker of the Nexus One – is seen as the frontrunner. KCS-content Tags: NULLcenter_img Show Comments ▼ New Google Nexus set to hit UK in next few weeks Tuesday 16 November 2010 8:55 pm Sharelast_img read more

Paragon sees lending return as rents rise

first_img Share Paragon sees lending return as rents rise whatsapp Wednesday 24 November 2010 9:04 pm UK SPECIALIST mortgage lender Paragon Group said yesterday it expected lending to increase as a result of higher demand in the private rented sector as it reported higher-than-expected full-year results.The lender said profit before tax stood at £71.8m for the year to 30 September 2010, up almost 25 per cent from £54.3m the previous year.Paragon said its strong performance came as a result of strong buy-to-let distribution, encouraging levels of mortgage applications and improving arrears performance that was well below its peers. The firm resumed lending in September, after being forced to close its doors in early 2008 because of higher lending costs at the height of the financial crisis.Paragon chief executive, Nigel Terrington said market conditions were very favourable for landlords, due to strong levels of tenant demand.“There are currently not enough properties in the private renting sector to accommodate demand,” Terrington said. He also added that rents will rise “quite strongly” over the coming months.Paragon added it expected to issue mortgage backed securities in 2011. Tags: NULLcenter_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNight DailyHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeNight DailyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailThe Sports DropForgotten College Basketball Stars: Where Are They Now?The Sports DropJournalPregnant Woman Takes a Nap – You Won’t Believe What She Discovered When She WokeJournalZen 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 TimesTaco RelishOnly People With An IQ Of 130 Can Name These ItemsTaco Relish 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 KCS-content Show Comments ▼last_img read more

Kesa profit is up but Comet falling behind

first_img Show Comments ▼ 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 ScottsdaleMoneyPailThe Sports DropForgotten College Basketball Stars: Where Are They Now?The Sports DropNoteabley25 Funny Notes Written By StrangersNoteableyJournalPregnant Woman Takes a Nap – You Won’t Believe What She Discovered When She WokeJournalCleverstLittle Boy Brings $2 Painting to Antiques Road Show, Not Realizing Who It’s ByCleverstElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldOpulent ExpressHer Quadruplets Were Born Without A Hitch. Then Doctors Realized SomethingOpulent ExpressFamilyMindedThe Most Common Astrology Questions People AskFamilyMinded whatsapp Kesa profit is up but Comet falling behind Tags: NULL Read This NextFresh Fruit Sushi: Recipes Worth CookingFamily ProofCreamy Pumpkin Soup: Delicious Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily Proof’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofA Once in 17 Years Cicada Event in Princeton, New JerseyFamily Proofcenter_img Wednesday 8 December 2010 7:25 pm ELECTRICALS group Kesa yesterday reported a 52 per cent rise in profit – helped by sales of televisions for the World Cup in the summer.But losses at its UK arm Comet increased to £5.4m from £1.5m, as the bill for store revamps and tough trading conditions took their toll.The company said it would introduce ranges of new electrical accessories as well as smaller electrical goods in an attempt to reverse the fortunes of the UK’s second largest electricals retailer.Revenues at Kesa rose by 4.1 per cent overall with profit at its French business Darty up 16 per cent, in the six months to 31 October.Meanwhile internet sales jumped 23 per cent across the group.Darty operates in ten countries and is the market leader in France.However in the UK competition from Dixons Retail, which owns Currys and PC World, has been strong, making life tough for Comet.Kesa chief executive Thierry Falque-Pierrotin said the company was expecting tough UK conditions into next year, while he was pinning hopes for Christmas sales on iPads and designer coffee machines. “Things are diffIcult but we have a plan for Comet. Ît’s obviously a tough market in the UK. “We think the iPad and other tablets will be strong at Christmas.”The company hiked its interim dividend by 15 per cent.It also said it had not seen its sales hit by the arrival in the UK of US electricals giant BestBuy. Falque-Pierrotin also played down any chance the company could be broken up after rumours that major US shareholder Knight Vinke would push for such a deal. whatsapp KCS-content Sharelast_img read more

The rise of 3D

first_img The rise of 3D Show Comments ▼ 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 AthletesBetterBeElite 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 HeraldAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCute Sunday 9 January 2011 10:22 pm whatsapp Share STEVE DINNEEN REVIEWS THE MAJOR TRENDS THAT DOMINATED THE AGENDA AT THE CONSUMER ELECTRONICS SHOWTHE technology world will remember 2011 as the year that 3D went mainstream. Every major electronics manufacturer made 3D the centre of their displays and its presence was ubiquitous throughout the show. Sony predicted 3D will become as accepted as colour TV, and showcased a stunning new range of its flagship Bravia sets. The Japanese firm is also leading the way in user-generated 3D, with a range of camcorders starting at less than $2,000. But it isn’t just TVs that are going 3D; advanced chips such as Intel’s second generation Core, which was also unveiled in Las Vegas, mean the third dimension is also coming to desktops, laptops and even notebooks. Toshiba demonstrated a 3D enabled laptop that tracks the user’s face to correctly align the 3D images without the need for glasses. Samsung also showed off a range of sleek 3D laptops which use battery powered glasses. And even more impressive was an as-yet unnamed portable device from Sharp, which is the size of a mobile phone and can play and record 3D images.SMART, SMARTER, SMARTESTSmart devices were the order of the day, with microchips being implanted in everything from cars to washing machines. LG attracted attention with its smart vacuum cleaner that can remember exactly which parts of the house it has cleaned. Almost all of the new TVs on display were “smart”, offering internet connections and access to application stores that were not dissimilar to Apple’s App Store. Audi and Ford both revealed next-generation cars that are internet connected and can even predict when a driver is about to be in an accident and take precautionary measures.TABLETSDespite being somewhat overshadowed by 3D, around 80 new tablets were unveiled as manufacturers scrabble to create a viable competitor to Apple’s iPad. City A.M. was wowed after being given a sneak peak at BlackBerry’s upcoming Playbook, a seven inch tablet that is both stylish and powerful, offering multitasking and lightning-fast web browsing. However, while the device has not yet been priced, we understand it will not be cheap. Panasonic also unveiled a new range of Android-powered tablets in 11, seven and four inch versions. The larger of the three is the most impressive, although they are all let down by their plastic backs, which feel cheap. The smaller of the three will double-up as a phone. Samsung, already offering the closest rival to the iPad with its Galaxy Tab, showcased a new tablet whose back slides out to reveal a keyboard – a handy solution to the discomfort of typing long emails on a touch screen.INTEGRATIONManufacturers have woken up to the possibilities of tying customers to their brand by offering a monolithic range of complimentary products. Panasonic’s new tablet doubles up as a TV remote control, allowing content to be shared wirelessly between the two. Samsungs’s new mobile phones also interact with their TVs, doubling up as a remote control and allowing users to watch videos they have captured on the big screen.INTERACTIONPowerful new chips are enabling manufacturers to change the way we interact with technology. Rather than relying solely on keys and buttons, a range of devices can now “see” users through cameras and read their gestures. Microsoft’s Xbox Kinect can be used to interact with the firm’s TV offerings, using hand gestures to scroll seamlessly through different channels and content. The Xbox can also recognise users’ voices, allowing them to easily instruct the TV to change channel or a game to pause. Toshiba demonstrated a new voice activated TV that responds to clapping and a range of commands. New software can even recognise facial expressions, giving rise to the possibility of advanced computer-generated versions of users that can be sent out into the online world to interact with other people in extraordinarily complex ways.THE GOOD, THE BAD AND THE WEIRDHOM-BOT, LGThe days of vacuum cleaning your house could be over thanks to LG’s smart vacuum cleaner the Hom-Bot. The round gadget will create a virtual map of your home and plot a course ensuring every inch of it is spotlessly clean. The Hom-Bot uses ultrasonic, infra-red sensors as well as a dual-camera system to navigate its way around a room. Top and bottom facing cameras track the ceiling and the space around the unit, allowing it to detect steps and even tell the difference between moving objects (such as children or dogs) and furniture. The clever cleaner will even remember where objects are placed so it can plot a more efficient route the next time it is switched on. And if you’re bored you can sit back and watch the cleaner online through a built in webcam as it works its way around your house.www.lg.com Price: rumoured to be around $600i3WALL, SHARPPerhaps the single most impressive thing on show at the Consumer Electronics Show was Sharp’s astonishing i3 Wall. The Japanese firm created a 3D effect that outshone every new TV set at the show by building an entire room out of flat-screen TVs. The monitors all linked together to create an interactive environment that moves around the viewer. On display was a computer-generated scene from ancient Japan, with the 64 flat-screen monitors guiding the viewer over hills and inside buildings. The ultra high definition screens provide a crystal clear picture, creating a believable virtual reality.www.sharp.com Price: Not for saleUNO III, UNOOne of the more off the wall creations on display this year was a segway that converts into a motorbike at high speeds. The Uno III’s default position is like a motorbike with the front wheel missing. The rider sits on the seat and controls the unicycle with a throttle, much like a regular motorbike. But at high speeds a third wheel extends to provide extra balance. Users wanting to ramp up the speed on the go can even make the transition from segway to motorbike while riding the bizarre contraption. The bike will be arriving in Europe later this year for the same price as a top of the range scooter.www.bpg-motors.comSOUND EGG, ACOUSTICOMThis 60s inspired audio chair by Acousticom is the audiophile’s seat of choice. The egg-shaped chair is fitted with surround sound speakers, including a 10 inch sub-woofer, and is insulated with foam to eradicate echo, providing crystal clear sound. The top of the range model features a movable arm with a flat-screen monitor, giving you the perfect cocoon to waste a weekend watching Mad Men or playing Call of Duty. The chair and the interior foam padding is available in a host of colours, allowing you to coordinate it with the rest of your decor.www.soundegg.com Price: from $1450CES IN NUMBERS1m the number of PCs shipped every day in 201070% of all gadgets will boast an internet connection by 201450% of TVs will be internet connected by 20151bn number of Microsoft customers100 times increase in bandwidth expected over the next five years1.6bn the number of transistors on the new Intel chip120k people at this year’s CESLOSING THE GLASSES:TOSHIBA demonstrated a new range of glasses-free 3D TV sets at CES in a bid to win over customers unwilling to wear the battery-powered eyewear, writes Steve Dinneen.The firm unveiled a host of 3D TVs that work by sending out eight distinct images which are interpreted by the brain as 3D.City A.M. trialled the new technology at the Consumer Electronics Show and, while lacking the depth of other 3D sets, the sets still achieve a passable 3D effect.The firm will begin shipping some of the models later this year but has not yet released pricing information.The move is a response to poor sales of 3D TVs that require glasses. These models account for only about 15-20 per cent of large TVs sold by Toshiba, compared with an initial target of 50 per cent. This is despite better-than-expected TV sales in November and December.The firm also plans to push “passive” 3D technology, which still requires glasses but ones which are cheaper and do not require batteries.Toshiba also demonstrated a new glasses-free 3D enabled laptop which uses a camera to scan and track the user’s eyes and project the image accordingly.The depth effect is as strong as some TV sets that require glasses but at present only one person will be able to view the 3D image at a time. Anyone looking over their shoulder will see the video as blurred.Meanwhile, TV companies are rushing to do content deals with the likes of Time Warner, allowing customers to stream shows over a fast internet connection without a cable or satellite subscription. SMART CARS:FORD and Audi both used CES as a platform to launch a host of new innovations, including the first electric Ford Focus, writes Steve Dinneen.That Ford chose a technology show rather than a motoring expo demonstrates how important the sector has become to the next generation of cars.In a keynote speech – during which he kissed the new motor – Ford boss Alan Mulally underlined the new direction for his company. He said: “Ford is more than a car company. We are also a technology company.”Although the new Focus – which has a battery life of 100 miles and a charge time of three to four hours – was the headline act at the show, smart technology has been spliced into almost every aspect of motoring.Audi showed off a new system that allows its cars to detect and brace for impact before a crash even happens. The German carmaker also revealed plans for an “augmented reality heads-up display” that makes it look like directional arrows appear on the actual road rather than a separate GPS device.Both firms also showed off advanced new steering technologies and fully-integrated entertainment systems.Internet radio firm Pandora announced tie-in deals with Toyota – whose Entune multimedia system is powered by Microsoft’s Bing search engine – and BMW, to provide its music streaming service in their new range of vehicles.Audi chief executive Rupert Stadler said: “Some of the most exciting innovations in consumer electronics aren’t happening in your living room… they are the ones in your car”Mulally added: “We are plugging in more than electric cars. We are plugging in the entire Ford Motor Company.” KCS-content whatsapp Tags: NULLlast_img read more

HMV supplies hit by credit insurance cut

first_img whatsapp HMV supplies hit by credit insurance cut 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 AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com TROUBLED music retailer HMV came under further fire yesterday after suppliers revealed that its credit insurers were drastically cutting the amount of sales they would insure.An internal memo from Sony showed that its credit insurers had withdrawn all cover for new sales to HMV after a meeting with HMV chief executive Simon Fox had failed to allay their concerns.Other suppliers have reportedly also confirmed they cannot access credit insurance for sales to HMV.The insurers’ decision is a sign they believe HMV is very close to becoming insolvent and may not be able to pay for stock delivered by its suppliers. It may make it hard for HMV to access the stock it needs.“I need to advise you that our credit insurers have significantly reduced our insured credit limit on all HMV entities. “Based on the current HMV balances, the limit is not sufficient to support any sales on an insured basis moving forward,” the message, sent to Sony label managers from its credit and collections department, said.Sony’s email describes the change as a “quick and drastic reduction” and says it will discuss alternative payment terms and options with HMV. But it confirms that sales made after 14 January “will be shipped at your financial risk.” An HMV spokesperson said: “HMV continues to maintain excellent relations with all of its suppliers.” The news is a further blow to HMV two weeks after it issued a profit warning over plummeting sales in the run up to Christmas. Like for like sales fell 13.6 per cent in the five weeks to 5 January, and the group has announced the closure of 60 UK stores to pay down debt, as well as a programme of cost cuts. It also said it may breach bank debt covenants. Chief executive Simon Fox said at the time that HMV “remains a profitable and cash-generative business.”HMV’s shares have lost 70 per cent of their value in the past year and yesterday traded at 26.25p. Sony declined to comment last night. Tuesday 18 January 2011 8:48 pm whatsappcenter_img Show Comments ▼ 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 WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The 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 WrapThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap Share Tags: NULLlast_img read more

Lazard profit beats Wall St expectations

first_img Lazard profit beats Wall St expectations Show Comments ▼ INVESTMENT bank Lazard’s fourth-quarter profit beat Wall Street expectations, helped by higher revenues from its asset management division.Lazard, which struggled when dealmaking dried up during the financial crisis, has been building out its asset management unit in an effort to offset its more volatile advisory revenues.The firm reported a profit of $104.5m (£64.6m), or 76 cents a share. That beat analysts’ estimates of a profit of 63 cents a share and was up sharply from a year-earlier loss of $54.9m, or 46 cents a share.Asset management revenue jumped 25 per cent from the year-earlier quarter.The unit benefited from higher fee income, finance chief Mike Castellano said, in part because Lazard has emerging market and other funds that attracted new investors in the quarter. Lazard had a record $155.3bn in assets under management at the end of the year.A bumper crop of deals boosted Lazard’s dealmaking revenue by 53 per cent from the year earlier quarter to $260m. Completed deals in the quarter included SSL International’s sale to Reckitt Beckiser and Abraxis BioScience’s sale to Celgene.Lazard also has a full slate of deals on which it is still working, including Qwest Communications International’s $22.4bn merger with CenturyLink. Offsetting the pickup in dealmaking activity, Lazard said its restructuring business reported less than half its year-earlier quarterly revenue.Across the firm, revenue in the fourth quarter jumped 19 per cent from a year earlier to $610.1m.Shares in Lazard closed 3.5 per cent higher yesterday at $44.25. whatsapp More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comColin Kaepernick to publish book on abolishing the policethegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKansas coach fired for using N-word toward Black playerthegrio.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.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.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com Sharecenter_img Wednesday 2 February 2011 7:48 pm whatsapp Tags: NULL KCS-content Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndoBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndolast_img read more

Europe boost for lock maker

first_img Swedish Assa Abloy, the world’s biggest lock maker, expects some growth in its main European market this year as construction expands in Germany and other strong economies. Posting 15 per cent growth in fourth-quarter core earnings, in line with expectations, the company said growth in some areas would offset the impact of government austerity measures in other markets. “We have Germany where we see a good economic situation, we have Sweden, we have Finland – so we think we ought to be able to see some growth in Europe,” said chief executive Johan Mohlin. Share More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org whatsapp Europe boost for lock maker KCS-content Monday 7 February 2011 7:50 pm Tags: NULL Show Comments ▼ whatsapp last_img read more

BULLISH BUFFETT

first_img Show Comments ▼ Tags: NULL whatsapp IN an upbeat annual letter released by Berkshire Hathaway chairman and chief executive Warren Buffett over the weekend, the “Sage of Omaha” pledged record capital spending in the year ahead. The legendary investor reiterated his confidence in the US economy and predicted the housing market would recover “within a year or so”. Read This NextNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautRicky 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’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap Sunday 27 February 2011 11:50 pm Share whatsapp KCS-content BULLISH BUFFETT last_img read more

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