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Green tipped for coalition

first_imgMonday 6 September 2010 8:49 pm Share Green tipped for coalition whatsapp KCS-content Show Comments ▼ More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgPuffer fish snaps a selfie with lucky divernypost.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.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comcenter_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal 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 TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldDrivepedia20 Of The Most Underrated Vintage CarsDrivepedia HSBC chairman Stephen Green could stun the City by resigning to become the coalition government’s trade minister, it was reported last night.Green has been named as the frontrunner to take up the post after months of searching by Prime Minister David Cameron. He would succeed Lord Davies, who was lured away from Standard Chartered by former PM Gordon Brown in 2009.Other people sounded out for the role include Rolls Royce’s Sir John Rose, outgoing Marks & Spencer chairman Sir Stuart Rose and BAE Systems’ Dick Olver, according to Sky News. An announcement could be made as early as this morning.HSBC declined to comment. Downing Street said it had no comment but any appointment would be revealed “in due course”.The departure of Green from?HSBC, where he has worked for nearly 30 years, would be a blow for the bank. Tags: NULLlast_img read more

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WHAT THE OTHER PAPERS SAY THIS MORNING

first_img FINANCIAL TIMESTESCO ADVANCES IN CARREFOUR ASIAN AUCTIONTesco is among the bidders through to the second round of the auction for Carrefour’s south-east Asian assets, which are for sale for up to $1bn (£642m). Tesco, the world’s third-biggest supermarket chain by sales after Walmart and Carrefour, was one of more than 10 first-round bidders for the stores in Thailand, Malaysia and Singapore.EDWARDS UP FOR SALE AS MARKET REVIVESA rebound in the semiconductor industry has prompted the private equity owners of Edwards to hire investment banks to handle a £1.5bn auction of the company that supplies vacuum technology to the world’s biggest chipmakers. Morgan Stanley, Bank of America Merrill Lynch and Goldman Sachs have been appointed by CCMP and Unitas Capital, the former US and Asian buy-out arms of JPMorgan, to advise on strategic options for Edwards.NPS TO INVEST $1BN MORE IN PROPERTYThe National Pension Service of Korea, the world’s fifth-largest pension fund, has pledged to spend a further $1bn (£643m) on commercial property across Europe, having agreed a new mandate to invest with Rockspring, the UK property asset manager.EVERCORE TAKES $20M BRAZIL BANK STAKEEvercore Partners has invested in a boutique bank in Brazil as the independent advisory firm seeks to tap into rising mergers and acquisitions activity in the country. Evercore will pay $20m in cash and securities for a 50 per cent sake in G5, which is focused on M&A and investment management,THE TIMESNEW BANK RULES ARE TOO WEAK TO WORK, SAYS MYNERSThe new global deal on banks’ capital was “disappointing” and did not push financial institutions hard enough to become safer, Lord Myners said yesterday. The former City minister, a key figure in formulating the banking bailout in 2008, said that the rules agreed by the Basel Committee on Banking Supervision on Sunday did not go far enough. IPAD SHORTAGE CONTRIBUTES TO BEST BUY LOSSESShortages of Apple’s iPad tablet in the US after the product’s launch deterred customers away from Best Buy, the world’s biggest consumer electronics retailer, and contributed to a loss in its market share in the most recent quarter. However, the US-based retailer beat analysts’ expectations and raised its outlook. 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.comSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search Ads The Daily TelegraphCHINESE THINK-TANK WARNS US IT WILL EMERGE AS LOSER IN TRADE WARA State Council think-tank in China has warned Washington that the US will come off worst in a trade war if it imposes sanctions against Beijing over the two nations’ currency spat. Ding Yifan, a policy guru at the Development Research Centre, said China could respond by selling holdings of US debt, estimated at over $1.5 trillion (£963bn). This would trigger a rise in US interest rates. WORLD TRADE ORGANISATION TO RULE BOEING $24BN SUBSIDIES ILLEGALThe World Trade Organisation is expected to rule today that huge subsidies paid to Boeing since the early 1990s are illegal, equalising the score in the epic legal fight between the US planemaker and Europe’s Airbus. The ruling is symbolic as the WTO cannot issue legally binding decisions.WALL STREET JOURNALIBM CHIEF SLAMS HPInternational Business Machines’s chief sharply criticised rival Hewlett-Packard, saying it fell behind the technology curve and bungled the removal of its former chief executive, Mark Hurd. In a rare public broadside, IBM Chief Executive Samuel J. Palmisano said he doesn’t worry about companies such as H-P that have slashed their investments in core technologies and need to make expensive acquisitions to keep up.MANAGEMENT SHAKE-UP AT WARNER BROS RECORDSIn a management shake-up at one of the nation’s biggest music labels, Tom Whalley, chairman and chief executive of Warner Bros. Records, is departing after nine years on the job.Parent company Warner Music Group said yesterday that Mr. Whalley will be succeeded by Rob Cavallo. Tuesday 14 September 2010 9:11 pm whatsapp KCS-content Share WHAT THE OTHER PAPERS SAY THIS MORNING Show Comments ▼ whatsapp More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Tags: NULLlast_img read more

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Former UBS banker in US tax fraud case

first_img KCS-content Share Former UBS banker in US tax fraud case FEDERAL prosecutors have charged a former UBS banker with encouraging his wealthy American clients not to disclose to US tax authorities they had money in offshore accounts.Renzo Gadola, an investment adviser based in Switzerland, faces charges of conspiracy to defraud the United States, the US attorney’s office in Miami said in a statement yesterday.Gadola, a Swiss citizen who worked at UBS from 1995 to 2008, was arrested on 8 November, two days after meeting a client at a Miami hotel and allegedly attempting to persuade the person from disclosing offshore account information to US officials.In filed court documents, US officials charged Gadola worked with another unidentified former UBS banker to hide clients’ money from US tax scrutiny by shifting undeclared funds from UBS accounts to Switzerland-based Basler Kantonalbank.Gadola told authorities there must have been a case of mistaken identity that led to his arrest, according to court papers.He pleaded not guilty in an appearance before a judge on Tuesday. Lawyers for Gadola were not immediately available for comment.The unnamed ex-UBS banker was described by prosecutors as a former executive director for UBS’s North America International business, who left the bank seven years ago, taking 150 clients with him to set up an independent investment group in Switzerland.The case comes after US authorities recently ended a probe into UBS, which was charged by federal prosecutors with helping roughly 17,000 clients with $20bn of assets hide their accounts from the Internal Revenue Service. As part of a settlement, Zurich-based UBS paid $780m and handed over the names of more than 250 client accounts and ended its US cross-border banking business.In the Gadola case, prosecutors said the unidentified Swiss banker received some $445,000 from a Mississippi client before transferring it first to UBS and then to a Basler Kantonalbank account. The client later said he wanted to declare the money under a voluntary disclosure programme, but was advised against it because his account was too small. More From Our Partners Mark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org 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 ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemcenter_img whatsapp whatsapp Wednesday 15 December 2010 8:03 pm Tags: NULLlast_img read more

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Bob Diamond to take Barclays hotseat early

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 ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGem Show Comments ▼ More From Our Partners Astounding 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.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comConnecticut man dies after crashing Harley into live bearnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comPuffer fish snaps a selfie with lucky divernypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com Barclays said its investment bank boss Bob Diamond will take over as chief executive of the bank in two weeks, some three months earlier than planned.Diamond is taking over from John Varley, who is stepping down after six years as chief executive. The bank announced the change in September, when it said the handover would occur at the end of March.“Over the last three months, John and Bob have made good progress in completing the transition. John’s view, with which I and the board agree, is that we are now ready to effect the hand-over,” Barclays chairman Marcus Agius said in a statement. Bob Diamond to take Barclays hotseat early Sharecenter_img John Dunne whatsapp whatsapp Friday 17 December 2010 6:34 am Tags: NULLlast_img read more

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Snow blamed for German jobs drop

first_img Snow blamed for German jobs drop Share KCS-content whatsapp Tuesday 4 January 2011 7:36 pm 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 center_img whatsapp German unemployment edged up very slightly last month, rising by 3,000 on November. Unemployment had fallen in November and October, as the German recovery continued to build up pace. And employment reached almost 40.5m in November, according to ILO statistics. Economists had expected a further fall in unemployment for December. “The monthly rise in unemployment should be largely attributable to particularly harsh winter weather,” said Thorsten Polleit of Barclays Capital. The unemployment rate stood unchanged at 7.5 per cent. Tags: NULL More From Our Partners LA news reporter doesn’t seem to recognize actor Mark Currythegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org Show Comments ▼last_img read more

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CITY MOVES | WHO’S SWITCHING JOBS

first_img Show Comments ▼ Sunday 16 January 2011 9:58 pm KCS-content CITY MOVES | WHO’S SWITCHING JOBS Tags: NULL whatsappcenter_img whatsapp Share AllianceBernsteinThe global investment manager has appointed Wolfgang Kostner (pictured) to its distribution team. Having worked in London for Goldman Sachs Asset Management for nearly ten years in international marketing strategy, Kostner will now be based in Munich in his new role as vice president of strategic marketing and research. He will be concentrating on expanding services in Germany, Austria and Italy and will report to Georg Kyd-Rebenburg.Arbuthnot SecuritiesThe investment banking arm of Arbuthnot Banking Group has appointed two new natural resources analysts: Gavin Wood and Sam Wahab, with effect from the end of this month.Wood joins the company as a senior analyst with a focus on mining stocks. He has experience in the sector from similar roles at Evolution Securities and JP Morgan Cazenove. He has also worked in corporate development at Katanga Mining.Wahab will join as a junior analyst, dividing his time between assisting Wood with mining stocks analysis and Dougie Youngson on oil & gas. He has moved over to the company from PricewaterhouseCoopers.SWIPScottish Widows Investment Partnership has promoted Kevin Addison to head of wholesale.He has been at the company since 2008 and has previously worked at SWIP as head of discretionary sales. He will be based in the London office, reporting to John Brett. Addison formerly worked in sales at Gartmore.Williams de BroeDougal Fraser has joined the fund manager, which is part of the Evolution Group, as executive director and co-head of its London office, having left his job at BNP Paribas Wealth Management towards the end of last year.Fraser will be working alongside Andrew Butler-Cassar, the other co-head in London.Saunderson HouseThe financial advisory has appointed Lawrence Mason as associate director and investment advisor. He will take up his new role next week, having previouls been a wealth manager at Lloyds Private Bank. last_img read more

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CITY MOVES | WHO’S SWITCHING JOBS

first_img CITY MOVES | WHO’S SWITCHING JOBS Show Comments ▼ BANK OF AMERICA MERRILL LYNCHMatthew Koder will join Bank of America Merrill Lynch as head of global corporate and investment banking for Asia Pacific in the summer. Koder will report to Brian Brille, president of Asia Pacific, and will be a member of the Global Corporate and Investment Banking Operating Committee. Koder has 20 years’ experience working in investment banking and capital markets. Most recently, he worked at UBS as head of Global Capital Markets. Prior to joining UBS, Koder spent almost 10 years at Goldman Sachs.BERRY ASSET MANAGEMENTThe specialist private client wealth management firm has appointed Malcolm Cuthbert as director of wealth management, where he will work alongside the newly appointed Richard Fellows. Cuthbert will start in April.SPEECHLY BIRCHAM LLPThe City law firm has appointed Malcolm MacDougall as a partner to head its private equity practice. MacDougall, who joins from DLA Piper, undertook two of the largest private equity deals in the UK in 2010: Sophos/Apax Partners and CVC Capital Partners/Autobar Group.FOREIGN & COLONIALSarah Arkle and Nicholas Moakes have been appointed to the Board of the Foreign & Colonial Investment Trust as non-executive directors. Arkle is vice chairman of Threadneedle Asset Management and Nicholas Moakes is head of public markets at the Wellcome Trust. Until 2007, Moakes was head of the Asia Pacific investment team at BlackRock Investment Management.ARK THERAPEUTICS GROUPRussell Banks has been appointed to the role of chief financial officer at Ark Therapeutics Group. He succeeds David Bowyer, who has returned to his native Zimbabwe to take on a senior operational role in a Zimbabwean company. MONTELLO INCOME FUNDAndrew Wood has been appointed head of fund distribution for Montello Income Fund and its new alternative fund distribution business Montello Distribution. Wood previously worked for large wealth and fund managers in London and Zurich.MAYFAIR CAPITALThe commercial property fund manager has hired Sarah Bate as director of research and James Feilden as assistant asset manager. Bate joins from Rockspring PIM and Feilden joins from GVA, where he was a senior surveyor. whatsapp Thursday 3 March 2011 7:10 pmcenter_img KCS-content Tags: NULL Share whatsapplast_img read more

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Carlyle and Tiger invest in ships

first_img whatsapp Share Carlyle and Tiger invest in ships whatsapp KCS-content Carlyle Group has formed a joint venture with maritime investment firm Tiger Group to buy more than $5bn (£3.1bn) worth of ships with a group of other investors to tap growing shipping demand in the region. The joint venture will commence operations immediately and has committed to invest equity capital of $900m in the next five years. Private equity firm Carlyle said the venture would buy container, dry bulk, tanker vessels and other assets. Their partner Seaspan and the Washington Family will invest in container vessels purchased by the newly-formed firm, it said. center_img Monday 14 March 2011 8:29 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryItsTheVibeThe Cutest 1980’s Stars Are Now In Their 60s, This Is Them NowItsTheVibePast FactoryThis 1960’s TV Quiz Is Stumping Everyone!Past FactoryMovie JewelInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeMovie JewelBrake For ItThis NASCAR Wife Turns Heads Everywhere She GoesBrake For ItAll Things Auto | Search AdsNew Acura’s Finally On SaleAll Things Auto | Search AdsFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterbonvoyaged.com40 Dated Things That Show Your Agebonvoyaged.comNext RefinanceThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryNext Refinance Tags: NULL Show Comments ▼ More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSidney Crosby, Alex Ovechkin are graying and frayingnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.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.comlast_img read more

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Protests and angry investors colour BP meeting

first_img Protests and angry investors colour BP meeting whatsapp Thursday 14 April 2011 2:57 pm Protestors against BP’s Gulf of Mexico oil spill disaster and Canadian tar sands exploration disrupted its annual meeting today, while the company came under fire from a range of investors.Shareholders tackled BP’s board with questions over its risk management, climate change, environmental damage and the fallout from its $16bn (£9.8bn) share swap deal with Russian government-owned Rosneft.A group of five campaigners from the Gulf, one of whom had covered themselves in a black oil-like substance, were refused entry to the meeting by security guards and police, as a brass band – part of another protest involving BP workers – played in the background.Some protesters who owned shares and gained access to the hall quizzed management on its safety record. The board said it was working to change BP’s culture.Others that stood up to criticise its production of heavy oils from tar sands in Canada, a heavily polluting process, were swiftly ejected from the room by security.More than 11 per cent of BP shareholders, including proxy voters not present at the meeting, voted down its remuneration report as a protest at the large salaries awarded for the disastrous year, including a multi-million package for former chief executive Tony Hayward.Seven per cent voted against the re-election of chairman Carl Svandberg while 25 per cent of proxy investors opposed re-electing Bill Castell, the head of BP’s safety committee.But the majority of shareholders present appeared supportive of BP and booed, heckled or slow hand-clapped those who voiced opposition, such as a US woman who read out a statement from the family of an oil worker killed when the Deepwater Horizon rig exploded. Chief executive Bob Dudley’s opening speech was applauded. “We had some very tough days but I looked at what our people were doing and I knew that BP could recover,” he said.Svandberg used his speech to defend BP’s response to the oil spill.“I believe the Board responded strongly during the crisis. It was an intense period. We met many times and spoke daily. We stayed united and resilient,” he said.“All directors were committed to ensuring that the Company responded effectively and correctly. We did not shy away from taking tough decisions.”Investors also raised concerns about BP’s tie-up with Rosneft, which has sparked a spat with BP’s oligarch partners in its Russian joint venture TNK-BP. Dudley said he had tried many options to soothe the billionaires without success.A spokesman for BP said the party from the Gulf was refused entry and the other protesters were carried out because the company has an obligation to run an orderly AGM. alison.lock Sharecenter_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 PastSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald Show Comments ▼ More From Our Partners UK teen died on school trip after teachers allegedly refused her pleasnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.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.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.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.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comConnecticut man dies after crashing Harley into live bearnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.com Tags: NULLlast_img read more

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Novomatic faces €2.5m pay-out to slots addict

first_img Topics: Casino & games Finance Legal & compliance Slots Austria’s Regional Court of Wiener Neustadt has ordered Novomatic to pay out €2.5m (£2.2m/$2.9m) in compensation to a gambling addict that spent more than €2m on slot games over a 10-year period.The individual in question, who was not identified, played Novomatic slots between 2002 and 2012 while suffering with a gambling problem.Lawyers for the plaintiff said he was “partially incapacitated” by the addiction and that he was unable to work as a result of this issue. All bets were placed on Novomatic devices in the Austrian capital of Vienna.The court agreed and declared all of the bets placed invalid due to the plaintiff’s gambling problem, ordering Novomatic to pay back the money he lost during the period, plus interest.Novomatic was also found to be in breach of Austrian laws regarding limits on stakes and payouts for slot machines.According to the Austrian media, the ruling was made in August, but has only just been made public. Novomatic has stated its intention to appeal against the decision.Confirmation of the ruling comes after Novomatic in August warned “regulatory pressures” could impact the company moving forward, despite posting a 12.6% year-on-year rise in revenue for the first six months of 2018.Sales revenue from gaming machines hiked by 96.2%, mainly due to the firm’s takeover of Ainsworth Game Technology, which was finalised in January.http://www.igamingbusiness.com/news/novomatic-finalises-investment-agtImage: George Hodan 23rd October 2018 | By contenteditor AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Lawyers argued the player was ‘partially incapacitated’ by addiction Email Address Subscribe to the iGaming newsletter Casino & games Novomatic faces €2.5m pay-out to slots addict Tags: Slot Machines Regions: Europe Western Europe Austrialast_img read more