Afghanistan looks for partner after discovering 1.8bn barrel oil field

first_img AFGHANISTAN is looking for a commercial partner after it discovered an oilfield with an estimated 1.8bn barrels in the north of the war-torn country.The discovery of the basin between northern Balkh and Shiberghan provinces was made after a survey conducted by Afghan and international geologists, according to Jawad Omar, a spokesman for the ministry of mines.He said: “I do not know its price in the market. But the initial survey says there are 1.8bn barrels of oil and I think there will be more.”Various estimates of Afghanistan’s hidden wealth have been made in recent years, but the challenge of exploiting the resources in a country at war and with little mining infrastructure is daunting for most investors.Omar gave no more details on how the estimates were made but said the country will offer the reserves for development along with other minerals in the coming months. Afghanistan hopes that untapped mineral deposits valued at $3 trillion (£1.9 trillion) could help reduce the need to rely on Western cash for bankrolling its impoverished economy and for its soldiers to maintain security when foreign troops draw down numbers. But ravaged by three decades of foreign interventions and civil war, the central government now faces the Taliban insurgency and relies on foreign forces for control of many parts of the vast Central Asian country.The US Department of Defence estimated earlier this year that Afghanistan’s mineral resources could top $1 trillion. Omar said an earlier plan for the tender of a 1.6bn barrel Afghan-Tajik oil block in early 2011 was still on track. Afghanistan looks for partner after discovering 1.8bn barrel oil field More From Our Partners Killer 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.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.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Show Comments ▼ KCS-content Monday 16 August 2010 8:02 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailBetterBe20 Stunning Female AthletesBetterBeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmWorldemandThe One And Only WD40 Trick Everyone Should KnowWorldemandHero WarsBig Boss of internet games!Hero Warsmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.cominvesting.comCanceled TV Shows Announced: Full Updated Listinvesting.comNinjaJournalist25 Cute Baby Animals That Will Melt Your HeartNinjaJournalistcenter_img whatsapp whatsapp Tags: NULL Share last_img read more

ANALYST VIEWS: ARE YOU ENCOURAGED BY THE POSITIVE UPDATE FROM PUNCH?

first_img Show Comments ▼ ANALYST VIEWS: ARE YOU ENCOURAGED BY THE POSITIVE UPDATE FROM PUNCH? KCS-content Share whatsapp Tuesday 24 August 2010 7:31 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldBetterBe20 Stunning Female AthletesBetterBeCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy Fanautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite Heraldcenter_img Tags: NULL HUGH-GUY LORRIMAN | SEYMOUR PIERCEThe public statements of Punch are about stabilisation. However, the underlying trend which affects group profit forecasts remains, we believe, negative for the annual period.SIMON FRENCH | PANMURE GORDONWe remain positive on Punch as the group continues to make quicker-than-expected progress in improving the operating performance of the managed pub business.PAUL HICKMAN | KBC PEEL HUNTI am not as positive as some others. The managed pubs are doing a bit better, but the tenanted pubs which are the majority of the business have a long way to go. This business went into the recession with too much debt and too many pubs. One swallow does not make a summer. 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 ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof whatsapplast_img read more

Johnson warns banks to heed anger over pay

first_img KCS-content MAYOR of London Boris Johnson, one of the very few politicians who until now has defended the City, has called on bankers to cut back on their Christmas bonuses.Johnson said the spectacle of traders taking home large payouts would create a “combustible contrast” with the first wave of public sector job losses, which are expected to follow next month’s government spending review. An unwise display of wealth could provoke a regulatory backlash that would damage London as a centre for business, Johnson said.“The banks have got to understand that this year public feeling may be even more inflamed than last and politicians will be facing colossal pressure,” the mayor wrote in a column. David Buik of BGC Partners said: “Boris is living in fantasy land. The banks need to get their profits up to the highest level they can to repay the taxpayer and if one of the ways to do that is to pay bonuses to attract profit-generators, so be it.”In remarks certain to irk the Tory leadership, Johnson also claimed the main argument for cutting the Budget deficit early – to reduce gilt yields and protect the UK’s credit rating – “no longer looks as strong as it did”. Tags: NULL 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.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comDrivepedia20 Of The Most Underrated Vintage CarsDrivepedia Share Johnson warns banks to heed anger over pay center_img Read This NextNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut’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 ProofTortilla Mango Cups: Recipes Worth CookingFamily 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 ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof Show Comments ▼ whatsapp Monday 6 September 2010 8:41 pmlast_img read more

Graduate tax will reward dropouts, say directors

first_img Show Comments ▼ Tags: NULL whatsapp More From Our Partners Mark Eaton, former NBA All-Star, dead at 64nypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org KCS-content A coalition plan to replace upfront university tuition fees with a graduate tax has come in for fierce criticism from company directors, who say it will reward failure.The Institute of Directors said the levy, which would be applied to future earnings, would hit hard working students and encourage people to quit the UK to avoid the tax.A separate survey of graduates also suggested the proposed tax would hit student numbers, with 62 per cent saying they would consider not going to university if the retrospective tax was introduced. Around 63 per cent said they would not go to university if fees rose to £6,000, rising to 80 per cent if they were faced with uncapped fees.The news will be a bitter blow to Vince Cable, a champion of the tax, as he prepares for a speech this afternoon on funding for higher education.The government is awaiting a review by former BP boss Lord Brown, who is expected to recommend fees rise by £3,290 to as much as £7,000 a year. whatsapp Graduate tax will reward dropouts, say directors Share Tuesday 21 September 2010 8:27 pmlast_img read more

EX-MPC MEMBER JOINS CREDIT SUISSE

first_img whatsapp EX-MPC MEMBER JOINS CREDIT SUISSE Tags: NULL Show Comments ▼ KCS-content Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe 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 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 Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Share Thursday 30 September 2010 10:26 pm whatsapp FORMER Bank of England Monetary Policy Committee member Kate Barker has joined Credit Suisse as a senior adviser. Barker, who spent nine years on the MPC, was formerly a chief economic adviser at the CBI. Sir Alan Budd, who stepped down from Credit Suisse in May to spend a fleeting stint as the first chairman of the government’s Office for Budget Responsibility, has also rejoined the bank as a senior adviser. last_img read more

Browne picks City spending tsars

first_img Show Comments ▼ Browne picks City spending tsars 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 AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald whatsapp More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comWhy people are finding dryer sheets in their mailboxesnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com Lord Browne has cherry-picked a team of senior City figures to serve as non-executives in Whitehall, in an effort to provide government departments with business management expertise. Browne has rounded up around 60 business heads to parachute into Whitehall as unpaid advisers, according to the Financial Times today. The ex-boss of BP is thought to have also taken on charity heads in a bid to broaden the team of efficiency tsars, who will cast an eye over each ministry’s spending in a bid to meet the Treasury’s savings targets. center_img KCS-content whatsapp Thursday 21 October 2010 9:06 pm Share Tags: NULLlast_img read more

Families cut back spending

first_img Families cut back spending Tags: NULL KCS-content Share whatsapp Sunday 24 October 2010 10:41 pm center_img THE health of household finances and consumer confidence are in sharp decline, according to a survey released by research firm Markit today.The index measuring expectations for future household finances dropped from 40.7 to 37.7, with 50 being the break-even point that indicates no change in sentiment.The sharpest drop was among those working in the public sector: sentiment fell ten points from 39.9 to 38.9. Overall, 27 per cent of households said that their finances had deteriorated since last month.Household spending also fell at the fastest rate since January. While it had increased for the past two months, October has seen families cut back on their outflows: the index recorded 48.9 versus 51.5 – a mild increase – in September.Markit also reported that households have both seen their debt rise for the first time in nine months and their earnings drop. The survey comes just after the release of disappointing retail sales figures for September showing a drop of 0.2 per cent, a second month’s successive fall.In addition to suffering high inflation – the retail price index now stands at 4.6 per cent – consumers’ confidence has been knocked by bad news in the housing market and by the prospect of tax rises. The VAT rate is soon to go up from 17.5 per cent to 20 per cent.Households recorded the steepest fall in the value of their property for 17 months, with the Markit survey’s house price index plunging to 36.9 from 43.2 last month.The decline in household spending and property values compounds concerns about a slowdown in the nation’s recovery.Markit’s Tim Moore said: “The wider economy may be set for a soft patch before we see the gains from deficit reduction and the benefits of a leaner government.”Economists warned a cutback in consumer spending will dampen economic growth. “Consumer spending is 65 per cent of the economy,” said Howard Archer at IHS Global Insight. whatsapp More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.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.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com 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 AthletesBetterBeUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndo Show Comments ▼last_img read more

BHP’s bid for Potash is quashed

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 TimesMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorymoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCutethedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterBeach RaiderSee The Woman Bradley Walsh Is Dating At 61Beach Raider Share whatsapp Tags: NULL CANADA has dealt a near-fatal blow to mining giant BHP Billiton’s $39bn (£24.7bn) plan to buy Potash Corp, after its industry minister blocked the bid and declared that the takeover would not sufficiently benefit the country.It is only the second time Canada has halted a foreign takeover since the power was introduced 25 years ago, in a politically-charged move to block the biggest takeover in the nation’s history and a cornerstone of BHP’s expansion strategy. Tony Clement, the Conservative minister responsible for the blow, has given UK-listed BHP Billiton 30 days to amend its offer. The two sides have been trying to thrash out a suitable deal since BHP first approached fertiliser producer Potash in August. “Canada is a place where its national government must do the right thing when faced with difficult decisions,” said Clement last night. “Some decisions can only be taken once and there’s no turning back, ever, and this is the case here.”Politicians in the province of Saskatchewan, where Potash is based, had threatened to sue the government if it gave clearance to the takeover. BHP said in a statement it was “disappointed, but continues to believe that the offer is of net benefit to Saskatchewan, New Brunswick and Canada.” The firm said it will co-operate with the government. More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding 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.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comcenter_img whatsapp Wednesday 3 November 2010 10:55 pm Show Comments ▼ KCS-content BHP’s bid for Potash is quashed last_img read more

Firms struggling to stay afloat up by 20 per cent

first_img KCS-content Firms struggling to stay afloat up by 20 per cent whatsapp whatsapp THE number of UK companies struggling to stay solvent jumped 20 per cent in the last quarter of 2010, data shows today.Nearly 148,000 companies had insolvent accounts, a court action against them or a wind-up petition filed by the end of 2010, up from 123,361 in the third quarter, the Red Flag Alert analysis by turnaround specialist Begbies Traynor found.Companies in the “critical” stage of distress, which had been issued either county court judgments – lodged by creditors against insolvent companies – or wind-up petitions, owed creditors more than £52.7bn.Companies reliant on government contracts were hit hardest, with more than 61,000 becoming seriously indebted in the quarter, 24 per cent more than in the third quarter.The number of distressed companies was four per cent higher than in the last three months of 2009, when 141,527 firms faced financial difficulties at the height of the recession. Begbies Traynor chairman Ric Traynor said the data showed companies “demonstrating real signs of distress.” “Trade creditors are losing patience with their debtors and in need of collecting cash,” he said. Share whatsapp Show Comments ▼ Tags: NULL Tags: NULL,Sunday 23 January 2011 10:51 pm KCS-content Firms struggling to stay afloat up by 20 per cent Sunday 23 January 2011 10:51 pm 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 ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof whatsapp THE number of UK companies struggling to stay solvent jumped 20 per cent in the last quarter of 2010, data shows today.Nearly 148,000 companies had insolvent accounts, a court action against them or a wind-up petition filed by the end of 2010, up from 123,361 in the third quarter, the Red Flag Alert analysis by turnaround specialist Begbies Traynor found.Companies in the “critical” stage of distress, which had been issued either county court judgments – lodged by creditors against insolvent companies – or wind-up petitions, owed creditors more than £52.7bn.Companies reliant on government contracts were hit hardest, with more than 61,000 becoming seriously indebted in the quarter, 24 per cent more than in the third quarter.The number of distressed companies was four per cent higher than in the last three months of 2009, when 141,527 firms faced financial difficulties at the height of the recession. Begbies Traynor chairman Ric Traynor said the data showed companies “demonstrating real signs of distress.” “Trade creditors are losing patience with their debtors and in need of collecting cash,” he said. Sharelast_img read more

Northern Foods plans vote

first_img Share whatsapp 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.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.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.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.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org whatsapp Sunday 30 January 2011 11:27 pm NORTHERN FOODS is still due to hold a shareholder meeting today to vote on its proposed merger with food manufacturer Greencore, despite its board switching to recommend a rival takeover bid by Boparan more than week ago.The Northern investor meeting can only be called off with the permission of Greencore, under the terms of the merger announced in November. However, it is understood that Northern is keen for the meeting to take place so shareholders can decisively reject Greencore before the firm can best Boparan’s 73p per share bid. Greencore’s AGM is also set to take place in Dublin today, though one source familiar with the company said its shareholders will not have a vote on the merger. The Takeover Panel would not comment on a live case, while Greencore and Northern declined to comment. KCS-content Northern Foods plans vote Show Comments ▼ Tags: NULLlast_img read more