Balfour gets US rail contract

first_img Share Construction firm Balfour Beatty has won the contract for a £560m commuter rail project in the US. It said it had closed the deal for the design, build and operation of the Eagle P3 project in Denver, beginning later this month. The FTSE 250 firm will be responsible for a 50 per cent share of the $1bn engineering, procurement and construction contract, worth £333m. It also has 33 per cent of the $1bn 29-year operations and maintenance contract, worth £227m. whatsapp Balfour gets US rail contract Monday 16 August 2010 7:57 pm Show Comments ▼ KCS-content Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily 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 ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot whatsapp Tags: NULLlast_img read more

Swiss banks hit by tough new credit ratio rules

first_img Share Monday 4 October 2010 8:57 pm Show Comments ▼ whatsapp Swiss banks hit by tough new credit ratio rules KCS-content whatsapp More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.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.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com Switzerland has imposed strict new rules on UBS and Credit Suisse, telling them to hold far more capital than their international rivals to ward off a crisis that could cripple the country.The two banks must hold an equity tier one capital ratio of at least 10 per cent under the proposals laid out by a government commission.The new Swiss rules go well beyond the new international standards set out three weeks ago, which require banks to hold a minimum core tier one ratio of seven per cent.Altogether the Swiss giants must hold capital equal to a total of 19 per cent of risk-weighted assets, compared to a global agreement of just 10.5 per cent.However, the Swiss institutions have until 2018 to meet the supplementary targets, while Basel III guidelines should be implemented by 2013.The Swiss commission of regulators, bank executives and other industry figures said that a mixture of measures was needed to reduce the risk of having banks with a “too big to fail” problem.The new rules were seen as a move to restore confidence to Switzerland’s crucial private banking industry, but could crimp the ability of the country’s two biggest banks to compete in global investment banking. Tags: NULLlast_img read more

Bonfire Night strike looms as union talks break down

first_img KCS-content Bonfire Night strike looms as union talks break down Wednesday 27 October 2010 8:38 pm whatsapp Show Comments ▼ Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailThe Sports DropForgotten College Basketball Stars: Where Are They Now?The Sports DropMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUpbeat NewsThese 25 Celebrities Ruined Their Career in a Matter of MinutesUpbeat NewsElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldMoney VersedWoman Shares The 5 Words She Said That Left Her Boyfriend In AweMoney VersedZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldcenter_img Share whatsapp A FIREFIGHTER strike across the city on Bonfire Night looked increasingly likely yesterday, after talks between the Fire Brigades Union (FBU) and the London Fire Authority (LFA)?broke down. Members of the union are due to walk out in a row over new contracts for two days from 5 November. Firefighters claim they face the sack if they do not agree to the terms. The FBU complained yesterday that the bosses of the fire authority did not attend the negotiations, despite slamming the union for refusing to talk earlier in the week. LFA chairman Brian Coleman hit back, saying: “The compromise of an 11 hour day and 13 hour night shift is achievable through talks, and the FBU have today walked away. “Our message is simple – call off the strikes now and meet us on 5 November at the Resolution Advisory Panel which has the ability to resolve this dispute.”Fire minister Bob Neill described the strike as “old fashioned militant muscle-flexing” during an emergency House of Commons debate. Tags: NULLlast_img read more

Cable & Wireless Worldwide wins £10.3m government telco contract

first_img 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 Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorythedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure Solution Cable & Wireless Worldwide wins £10.3m government telco contract KCS-content Share Show Comments ▼ More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.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.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.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.comColin Kaepernick to publish book on abolishing the policethegrio.comMark Eaton, former NBA All-Star, dead at 64nypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.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 whatsappcenter_img Wednesday 10 November 2010 7:18 pm Recently demerged Cable&Wireless Worldwide (CWW) yesterday announced a new £10.3m contract with the Department for International Development (DFID).The contract is expected to save the government department around £9m over the five-and-half year term of the contract. The news follows an £82m contract agreed with the Foreign & Commonwealth Office in September.CWW will now provide voice services including online video and audio communication across all of DFID’s 44 sites.Jim Marsh, chief executive of Cable&Wireless Worldwide, said: “I am delighted to announce another important customer win in our public sector business and the second contract on our global telecoms framework. “By utilising the one network, both DFID and the Foreign & Commonwealth Office stand to benefit from greater collaboration and increased efficiencies, all of which supports the government’s broader Public Sector Network strategy.” CWW has said its trading has been hit hard by the government spending squeeze. About £285m, or 12 per cent of CWW’s revenue, came from UK public sector customers last year. Tags: NULL whatsapplast_img read more

China tries to curb food prices after consumer inflation hits two-year high

first_img whatsapp Share whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com KCS-content center_img China tries to curb food prices after consumer inflation hits two-year high CHINA said yesterday it would step up efforts to keep commodity prices stable, in its latest attempt to keep fast-rising inflation rates in check. China’s central cabinet has asked local governments to increase agricultural production and keep a constant coal, oil and gas supply in a seven-page circular. The government has urged local groups to ramp up vegetable-planting programmes and better manage grain production to ensure a continuous supply. Delivery costs on farm produce, such as road tolls, will be banned from 1 December in the hope the savings filter down to retail prices. Local governments will have the power to set prices on daily necessities and production materials if and when the high costs become unaffordable. Market monitoring will increase, to clamp down on hoarding and speculation in major agricultural products, the circular added.China has been trying to limit excess liquidity to keep a lid on inflation pressures, after the consumer price index hit a 25-month high of 4.4 per cent in the 12 months to October. Food costs contribute to a third of the total index rate, the government said.The People’s Bank of China, the country’s central bank, said on Friday it would raise capital reserve requirements by 0.5 per cent for all Chinese banks for the fifth time this year to control credit and liquidity.The country has been criticised by the United States and other nations for artificially keeping its currency undervalued. It was claimed that would give it a trading advantage in the global market. Show Comments ▼ Tags: NULL Monday 22 November 2010 5:32 amlast_img read more

App sales to hit $35bn

first_img Tags: NULL APP sales are set to rocket to $35bn (£22.2bn) a year by 2014, according to new research by IDC.A staggering 10.9bn apps for devices including smartphones and tablets such as Apple’s iPad will be downloaded this year alone, with the number rising to 76.9bn annually in 2014 – a growth rate of around 60 per cent a year.Scott Ellison, vice president of Mobile and Wireless research at IDC said: “Mobile app developers will ‘appify’ just about every interaction you can think of in your physical and digital worlds. The extension of mobile apps to every aspect of our personal and business lives will be one of the hallmarks of the new decade with enormous opportunities for virtually every business sector.”The roaring growth is great news for app marketplaces including Apple’s app store, which keeps 30 per cent of the sale price of every download. Google and Microsoft both charge a lower commission for access to their app platforms.At present analysts estimate Apple’s app store contributes just one per cent of its gross profit – roughly $198m. However, the rapid growth combined with the firm’s new iAds platform, which allows it to charge for adverts contained within adverts, is set to drive this far higher.Apple has also shown its belief that apps will drive future sales by allowing them to be installed for the first time on its new generation of laptops as well as its hand held devices.Angry Birds is among the most successful app, with 7m downloads in the 12 months since its release, with $4.9m of that going to developer Rovio. Doodle Jump, another simple but addictive game, has similar sales figures. App sales to hit $35bn Share Tuesday 14 December 2010 8:41 pm whatsapp whatsapp Show Comments ▼ 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 WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap KCS-content last_img read more

Red tape stunting UK factory exports

first_img BRITAIN’S manufacturers are being held back from lucrative export markets, the British Chambers of Commerce (BCC) said yesterday.More than one in four manufacturers does not export at all, and 82 per cent of industry respondents identified export controls as a barrier to trading overseas.“Overly zealous export control rules can stand in the way of reasonable trade,” the report states. It calls on Vince Cable to deliver his pledge to reduce “onerous business taxes, red tape which suffocates small firms, and a slow oppressive planning regime.”Many small and medium sized businesses say “the needs of big business are taken into account when the government is creating regulation,” harming their own prospects.And tax credits to encourage research and development (R&D) are unnecessarily complex and too prescriptive, also deterring small, innovative companies, the BCC found. The UK spends half a per cent less of its GDP on R&D compared to peer countries.The education system is also failing to provide young people with the necessary skills, the report found.And banks should be “more adept at serving the specialised needs of manufacturers,” it said.Yet British manufacturing was the seventh largest in the world in 2009. whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female 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 TodayAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definition Red tape stunting UK factory exports KCS-content Show Comments ▼ Share whatsapp More From Our Partners ‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.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.comConnecticut man dies after crashing Harley into live bearnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comWhy people are finding dryer sheets in their mailboxesnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com Monday 20 December 2010 7:38 pm Output, productivity and value have increased since the 1980s, despite a fall in employment in the sector. The UK has “a strong international position in many higher value areas such as pharmaceuticals and aerospace,” the BCC said.And manufacturing has become the economy’s success story this year. In the third quarter the sector was 5.8 per cent up on the same time in 2009, the government revealed this month.Yet the industry still “needs to rediscover its trading spirit,” said the BCC’s David Frost. Tags: NULLlast_img read more

Riversdale board recommends $3.9bn Rio Tinto bid

first_img John Dunne Riversdale board recommends $3.9bn Rio Tinto bid Share whatsapp Thursday 23 December 2010 2:47 am Anglo-Australian miner Rio Tinto had $3.9bn (£2.5bn) to buy African-focussed rival Riversdale in agreed but investors are betting on a possible bidding war from rival suitors.Rio’s first big acquisition since its ill-timed Alcan buy in 2007 also needs the backing of at least one of Riversdale’s three large shareholders. Fund managers said they expected India’s Tata Steel and Brazilian steel group CSN to oppose the offer.Rio, which wants access to Riversdale’s coking coal deposits in Mozambique, raised its offer to A$16 per share cash on Thursday from an earlier indicative bid of A$15.Riversdale’s shares rose as high as A$16.84 when the stock resumed trading, indicating investors were expecting a higher offer from a rival party.“I think there is a strong potential (for rival bids). There aren’t that many big new coking coal assets out there and this one is very large and it’s near to production,” said Andrew Harrington, an analyst at Patersons Securities in Sydney.A group of state-run Indian firms including NTPC have also indicated they were looking at Riversdale, with a source at a member of the consortium telling Reuters it expected to decide soon whether to bid.Other interested parties taking a look at Riversdale include Anglo American, ArcelorMittal and Xstrata, sources familiar with the matter and fund managers have said.The miner needs acceptances from 50 percent of Riversdale shareholders which would require getting on board at least one of the target’s three big shareholders – Tata, CSN and US fund Passport Capital – which together own about half of the company, according to Reuters data.“I think Tata will be reluctant to be bought out, having been a long-term believer, just as it’s entering into production,” Patersons’ Harrington said. whatsapp Show Comments ▼ Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily Proof Tags: NULLlast_img read more

Goldman earnings prompt FTSE sell-off

first_img Show Comments ▼ Goldman earnings prompt FTSE sell-off alison.lock Wednesday 19 January 2011 4:42 pm 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.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Share A surprisingly sharp sell-off on the FTSE this afternoon pushed the index below the 6,000 mark, to close down 79.73 points or 1.32 per cent, at 5,976.70. A bigger than expected fall in earnings at leading US investment bank Goldman Sachs sparked a rout among investors across all sectors. Earlier in the day, more bad news from UK retailers depressed stocks across the sector, on both the FTSE 100 and 250.“The earnings from Goldman Sachs, typically seen by most as one of the pinnacle investment banks in the world, have hurt investor sentiment today, particularly those hoping for a strong set of earnings from UK banks like Barclays, whose shares subsequently bore the brunt of the reactive selling,” said Joshua Raymond, Market Strategist, City Index.
Manoj Ladwa, senior trader at ETX Capital, said it was unusual to see the FTSE sharply lower on a day when US indices were holding their ground.“What started off as light profit-taking has turned into a bit of a rout,” he said. “Stubbornly high unemployment numbers in the UK along with disappointing fourth quarter results from Goldman Sachs has left traders on the back foot.”Publisher Pearson was the top gainer, closing up 4.47 per cent at 1,051p after it raised its profit forecast for the second time in three months. It expects 2010 full year operating profit of about £850m – about 20 per cent higher than in 2009.Other stocks made far smaller gains, but those that benefited included pharmaceutical giant GlaxoSmithKline, which added 0.8 per cent to end at 1,191.00p; household goods manufacturer Unilever, 0.26 per cent up at 1,895p; and Essar Energy, which finished up 0.94 per cent at 538.00p. Imperial Tobacco saw the biggest fall, losing 3.2 per cent after going ex-dividend.Barclays lost ground to close down 3.77 per cent at 296.15p after the market digested news that the FSA fined it £7.7m and demanded it pay £60m compensation to investors for mis-selling funds. Royal Bank of Scotland also fell 1.28 per cent or 0.55p to close at 42.34p.“Automotive shares dropped after European competition authorities announced a cartel investigation into lorry manufacturers, and automotive part manufacturer GKN has slipped lower on the back of that,” said Michael Hewson, market analyst at CMC Markets.Software firm Autonomy fell in spite of announcing two contract wins, as investors feared the company had no further good news before its fourth quarter results, announced on 1 February. whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsUndo whatsapp On the FTSE 250, bookies William Hill jumped 6.96 per cent to 189.00p after saying its full-year results would be at the top end of expectations. Rival bookie Ladbrokes rose 2.42 per cent in sympathy to 135.30p.Sugar firm Tate & Lyle also hit the top ten gainers, climbing 4.93 per cent to 135.3p after rumours of a takeover bid at about 750p a share from a rival likely to be US foods group Cargill.JD Wetherspoon pub chain was also up 5.21 to 464.70p after it announced better than expected second-quarter sales despite the snow.But Kesa, Europe’s third largest electricals retailer, fell 9.81 per cent to 136.00p after warning that adjusted pre tax profit may be at the lower end of expectations.And HMV tumbled 2.9 per cent to close at 25.5p after admitting credit insurers had reduced the cover they were prepared to give its suppliers. Tags: NULLlast_img read more

Floods dampen BHP coal output

first_img whatsapp Floods dampen BHP coal output whatsapp Share 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.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definition Wednesday 19 January 2011 8:48 pmcenter_img BHP Billiton, the world’s biggest mining company, said its coal production tumbled 30 per cent this quarter compared to the previous three months, after catastrophic flooding in Australia badly hit output. The London-listed group said its coal output faces long-term disruption, echoing a similar warning from Rio Tinto earlier in the week. BHP’s iron ore output rose four per cent year-on-year on the back of rising demand for industrial raw materials. Iron ore is expected to account for more than $5bn (£3.1bn) in first-half earnings for BHP. 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 Show Comments ▼ KCS-content Tags: NULLlast_img read more