September 2021

first_img More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA 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.org John Dunne Show Comments ▼ Share whatsapp Sportingbet pays £21m to avoid US prosecution center_img whatsapp Tuesday 21 September 2010 2:24 am 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.comUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndo Sportingbet has agreed to forfeit $33m (£21m) to settle a US investigation over alleged illegal Internet gambling, federal prosecutors HAVE said.As part of the settlement, the US Department of Justice will not criminally prosecute Sportingbet and its units for any crimes, apart from tax violations, related to Sportingbet’s Internet gambling business with US customers from 1998 and 2006.“It has been 3-1/2 years of hostility, anger and ultimate negotiation,” said Barry Slotnick, a lawyer for Sportingbet, in an interview. “We have reached what we believe to be an extremely fair resolution that benefits the company and its shareholders.” Tags: NULLlast_img read more

first_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.comPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople Today Show Comments ▼ Monday 4 October 2010 8:24 pm Tags: NULL AIR PARTNER DIVIDEND REGAINS ALTITUDE 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.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMark Eaton, former NBA All-Star, dead at 64nypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgcenter_img whatsapp whatsapp PRIVATE aircraft charter operater Air Partner said yesterday it would restart dividend payments this December, after cancelling pay-outs in March due to difficult market conditions. The charter broker to governments and wealthy individuals said it hopes to continue upping its dividends from now on. Shares in the business rose three per cent to 310p yesterday. Share KCS-content last_img read more

first_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 PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity 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 Markets relaxed about Osborne’s plans Show Comments ▼ KCS-content Wednesday 20 October 2010 8:45 pm Tags: NULL It was a little like watching spectators at a tennis match in the City yesterday lunch time, as eyes flipped back from Osborne on the TV to prices on dealing screens. But we could have all saved ourselves some mild exertion as any financial market reaction – particularly in gilts and currencies – was difficult to find.Of course, because many of the broader details had been leaked in the days ahead of the Chancellor’s speech there was no real expectation that the financial markets would be seeing any big surprises. Arguably, the more significant movements yesterday came off the back of the Bank of England meeting minutes and the overshoot in the borrowing figures, initiating a sharp – if short lived – sell-off for the Pound, but otherwise it’s all been rather muted.And being realistic, financial markets are never going to be big on the minutiae of a programme of cuts like this. We have all known they are coming, we now know what they are and we all understand the importance of making these moves – if we are going to see further confidence returning to UK Plc it will now be all about the execution. BACK?FROM?THE?BRINKOsborne sees this long term plan as bringing Britain back from the brink and it would seem that overall, the vast majority of the business community is in broad agreement of cuts now rather than later. However, although it is a long term plan that will see success measured over many years, now the speech has been done the financial markets will want to see the processes actually start.After the Chancellor sat down, markets woke up again and we did see fairly steady gains for the pound as the afternoon went – although this is being explained as much as a story of US dollar weakness yet again rather than a euphoric vote of confidence in the cuts. POTENTIAL FOR VOLATILITYThere is still the potential for some volatility as the further details of the plans are revealed – for example today sees what the proposed banking levy is going to mean for that particular sector, where shares have fallen somewhat out of favour with investors in recent months on a valuation basis. Overall there were no nasty surprises. We have seen the City this year go from distinct nervousness faced with the prospect of a hung parliament ahead of the general election to cautious optimism in the months since it became a reality. For now at least, it looks like the new Chancellor is being given the opportunity – and a bit of breathing space from markets – to see if these plans really can sort out the UK’s deficit.David Jones is chief market strategist at IG Index. Share whatsapp whatsapp last_img read more

first_img Tags: NULL Monday 25 October 2010 7:26 pm KCS-content BEST OF THE BROKERS COMPASSShore Capital rates the support services group a “buy” with a fair value of 600p a share. The broker said a recent earnings per share upgrade to 39p for the year to September 2011 has been driven by margin improvements and a quicker than expected recovery in organic revenue growth.RESOLUTIONUBS gives a “buy” recommendation on the insurance group, with an upgraded 12-month target price of 300p. Resolution’s recent purchase of BUPA health insurance significantly improves the group’s market position, the broker says, predicting a 38 per cent return on investment.RESOLUTIONUBS gives a “buy” recommendation on the insurance group, with an upgraded 12-month target price of 300p. Resolution’s recent purchase of BUPA health insurance significantly improves the group’s market position, the broker says, predicting a 38 per cent return on investment. whatsapp More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.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.comUK 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.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comConnecticut man dies after crashing Harley into live bearnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com Show Comments ▼ Share whatsapplast_img read more

first_img Glass towers reflect new opportunities for the City Show Comments ▼ LAST week was widely reported as a good news week for the City; two more skyscraper projects – British Land’s Cheesegrater and Land Securities’ Walkie Talkie – were revived and One New Change, the new jewel in the City’s retail offering, opened to huge fanfare and to huge crowds.All of this is of course good news, particularly in a week when the UK recorded higher than expected second quarter growth. Despite the crisis, top firms and top talent still want to locate in London so projects such as the Cheesegrater, and the Walkie Talkie were always going to be revisited once we emerged from the darkest days of the credit crunch.The City’s property market has proven remarkably robust and some large firms have expanded the size of their operations or moved back to the City in recent times. However, the consequent lack of truly ‘grade A’ office space available in the City at the moment is impacting upon our international competitiveness – if we cannot offer global firms a range of options to suit their business needs, then they will look elsewhere. That is why last week’s announcements were so welcome.And it is not just the City’s skyline that is changing; last week saw the opening of One New Change, the City’s major new shopping centre – a stunning piece of architecture that also contains 330,000 sq ft of office space.This iconic development in the shadow of St Paul’s offers a convenient and much needed service within the Square Mile and will significantly enhance the City as a tourist destination and as a place to live, to shop and, of course, to do business.However, One New Change is just one stage in the ongoing regeneration of Cheapside, a process which will help to realise the City of London’s vision of creating a retail district fitting for one of the world’s leading financial centres. A major part of this regeneration are the continuing improvement works to the street itself, due for completion in good time for the 2012 Olympics. I am pleased to report these works are currently being delivered on time – the first phase immediately around One New Change is now complete – under budget and to the satisfaction of all parties. Whilst there is no doubt that the opening of One New Change and the revival of the Cheesegrater and Walkie Talkie will improve the City’s business offer, threats to the City remain.The international business community naturally remain nervous about the key issues of regulation and tax and some of the proposals coming out of Westminster and Brussels.Good regulation and fair, equitable and predictable taxation are essential in order to attract international capital – which in turn creates wealth and much needed tax revenues in this time of austerity. The jobs created by these new developments and the services that not only support the construction but will eventually support the occupants, perfectly illustrates why the City needs to remain globally competitive and open to international capital and talented people from around the globe.If we fail to get the right balance between tax and regulation it doesn’t matter how many skyscrapers we build or how many shops and restaurants are opened, the City will be forced to downsize to a level commensurate with purely domestic demand. In other words a much smaller City with a reduced demand for both office and retail space. Let us ensure that does not happen.Stuart Fraser is the Chairman of the Policy and Resources Committee at the City of London Corporation. KCS-content whatsapp More From Our Partners 980-foot skyscraper sways in China, prompting panic and evacuationsnypost.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.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.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.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.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.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.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com Share Sunday 31 October 2010 9:58 pm Tags: NULL whatsapplast_img read more

first_imgMonday 22 November 2010 7:19 pm KCS-content Tags: NULL whatsapp Share Show Comments ▼ Shares of Australian rail-freight firm QR National, the country’s biggest float since 1997, rose four per cent in their trading debut yesterday, offering mild hope for a clogged pipeline of more than A$10bn (£6.2bn) worth of floats. QR National, which was wholly-owned by the state of Queensland until it floated a 60 per cent stake, was snapped up by offshore hedge funds and index fund managers to propel it into the ranks of Australia’s top 50 stocks. The firm mainly transports coal from Queensland to ports to be exported to buyers in China. whatsapp More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBiden 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.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Australia’s biggest float soars last_img read more

first_imgSaturday’s sales exceeded £20bn, one of their best ever days.Overall the chain’s sales were up by 1.2 per cent on the previous year, a lower rate of growth than observed in recent weeks. And across the high street, the holiday season growth in sales was modest, according to figures from accountants BDO.“The weather has put people off shopping, but it’s come so early consumers still have time to do their Christmas shopping,” says BDO head of retail Don Williams. “Usually most retail sales lost due to bad weather are made up,” added Howard Archer of IHS Global Insight. “Consumers tend to delay purchases rather than cancel them altogether.”However, with Christmas falling on a Saturday the next two weekends will be crucial, said Archer.There was conflicting news for online purchases. While non-store sales were up 27.6 per cent on the same time last year, this was well below the rate of increase seen in November (39.2 per cent). People were concerned about their orders being held up in the snow, said BDO.Yet John Lewis reported that online sales boomed during the freeze. Wednesday’s internet sales were up 98 per cent on the previous year, said Maggie Porteous, Head of Selling Operations.“We undoubtedly saw customers switching to online,” she said.Meanwhile, West End shops are to open for longer on Monday 27 December, after Sunday trading laws restricted opening times on Boxing Day. Some stores, such as Liberty, will stay open until 10pm. SNOW may have kept people at home for much of last week, but consumers hit the stores as soon as milder weather returned, according to data released yesterday.John Lewis recorded falls in sales on Wednesday and Thursday, compared to the same days last year. However, a weekend surge saw the department store surpass £100bn in revenue for the week. KCS-content Sunday 5 December 2010 11:23 pm Tags: NULL Shoppers return to stores after snow whatsapp Share whatsapp 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 Proof 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 TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldAlphaCute30 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 Show Comments ▼last_img read more

first_img Westminster in profits warning Thursday 16 December 2010 8:02 pm KCS-content Show Comments ▼ AIM-LISTED Westminster Group warned yesterday that its trading results for the second half of 2010 will be materially below market expectations due to delays in government contracts.The company, which supplies products to the security, defence, fire protection and safety markets worldwide, said its second half revenues were broadly similar to those of the first half. The second half is typically stronger than the first owing to the timing of major contracts. This is expected to result in an operating loss of around £2m to 31 December. Share Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily 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 ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proofcenter_img whatsapp whatsapp 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 The Dream Girl In The 90s, This Is Her NowMoneyPailUndoSerendipity 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.comUndoDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndo Tags: NULLlast_img read more

first_img whatsapp Monday 20 December 2010 7:33 pm Share KCS-content Relapse for consumer confidence in the Eurozone, as trade deficit grows whatsappcenter_img More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.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.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.orgMark Eaton, former NBA All-Star, dead at 64nypost.com HOPES for a retailing resurgence across the Eurozone took a hit yesterday, with news that consumer confidence has dropped more sharply than expected.In November the confidence index rose to a 35-month high, yet appears set to drop in December, according to the European Commission’s “flash” reading.The full reading for the month will be published on 6 January.The drop was the first since May, when problems in the single currency’s peripheral states previously reached a peak.“Consumer spending has been a weak link in the Eurozone’s economic recovery,” said Howard Archer of IHS Global Insight. “Yet retail sales volumes rose by 0.5 per cent in October, which was the best performance since May — so this relapse in consumer confidence is disappointing.”Meanwhile, the Eurozone’s trade deficit increased considerably beyond the expectations of analysts in October. The deficit of €9.8bn (£8.3bn) was up from €9.7bn (£8.2bn) in September.Deficits in current transfers, income, and goods were only partly offset by a surplus in services. In Germany, producers prices rose slightly more than expected, up 0.2 per cent in November compared to the previous month – and 4.4 per cent higher than last year.Food inflation led the way, increasing by one per cent on October.“Pipeline pressures in the food chain keep building up,” said Fabio Fois of Barclays Capital Research. Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeBeach RaiderMom Belly Keeps Growing, Doctor Sees Scan And Calls CopsBeach RaiderHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical Genius Tags: NULLlast_img read more

first_imgMonday 17 January 2011 9:05 pm Show Comments ▼ KCS-content 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 HeraldSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search Ads Share whatsapp whatsappcenter_img More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.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.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com UK listing for Severstal gold mining group Tags: NULL RUSSIAN steel company Severstal yesterday announced plans to float its Nord Gold unit in London to raise more than $1bn (£629m). It values the company at over $4bn. The premium listing of at least 25 per cent of the gold miner is set to be the biggest mining float since Nate Rothschild’s $1bn offering of investment shell Vallar last year.Several reports said Severstal’s subsidiary would start trading in mid-February, but would not join the FTSE index due to its base in the Netherlands. The announcement makes it the fourth Russian company to announce plans to launch in London in the past week, following in the footsteps of steel pipe maker ChelPipe, pump manufacturer HMS Hydraulic and coking coal producer KOKS.Analysts have said Russian private issuers could raise up to $30bn this year in favourable market conditions. After two barren years, new share issues rebounded in 2010 with companies raising around $5.5bn.Nord Gold focuses on gold mines in emerging markets including Kazakhstan, Russia and West Africa.It hopes to produce 1m ounces of gold by 2013 through existing mines and acquisitions, up from 589,000 ounces in 2010. Philip Baum, Nord Gold’s chairman and veteran of Anglo American, said: “We will strive to ensure that investors benefit from attractive earnings growth whilst protected by the highest standards of corporate governance, consistent with a UK premium listed company.”Severstal’s shares rose 3.9 per cent to $19.79 in Moscow trading yesterday. “Nord Gold accounts for much of Severstal’s $19bn capitalisation, and the unit’s IPO will keep positively affecting Severstal’s stock the closer it gets to the day of the public offering,” said Maxim Semenovykh, metals analyst at Alfa-Bank.News of Severstal’s plans comes after the flotation of African Barrick Gold (ABG) in 2010 by its parent Barrick Gold, the world’s largest gold miner.ABG raised over £500m from selling off a quarter of the company. Several other mining companies are in the process of coming to market. Privately held commodity trader Glencore, itself said to be preparing to float later this year in either London or Hong Kong, plans to spin off or list its Kazzinc gold unit in 2011.GERGELY VOROSMORGAN STANLEYMORGAN Stanley is sole sponsor of the Nord Gold float, with Credit Suisse, Russian bank Troika Dialog and Morgan Stanley acting as joint bookrunners. Cannacord Genuity is acting as co-manager. Morgan Stanley’s co-head of investment banking in Russia, Gergely Voros, and executive director Vladimir Samarin head the team.Voros has been with Morgan Stanley’s London office since 1998, taking up his new role in April 2010. Before MS, he worked in Munich as a consultant for Boston Consulting Group and gained an MBA from Harvard Business School. Voros has been involved in numerous capital raisings including the partial float of Russia’s state-owned Rosneft (currently in the headlines for its work with BP), Vimetco and ENRC. Samarin worked for Bank of America, McDonald Investments and the Barrington Consulting Group before joining Morgan Stanley. At Credit Suisse, Nicholas Koemtzopoulos, Laurent Charbonnier and Chris Byrne lead the team. Charbonnier joined the bank in 2008 from UBS, and is a director on the metals and mining team.Koemtzopoulos is responsible for equity capital markets in Russia and central and eastern Europe. last_img read more