4 Sep
2021

WHAT THE OTHER PAPERS SAY THIS MORNING

first_imgTHE TIMESINVESTORS RUSH TO JOIN FACEBOOK FUNDSAmerican investment groups that have created Facebook funds to enable retail and institutional investors to own a slice of the social networking giant have been overwhelmed by demand.The companies have been buying up shares in the secondary market, from Facebook employees or those leaving the company, to be held in limited liability companies.BANKS AIM TO APPEASE CRITICS WITH PACT TO CUT BONUSESAs political pressure grows ahead of January’s bonus round, The Times has learnt that senior executives from Barclays, HSBC, Standard Chartered and Royal Bank of Scotland held discussions last week about a possible pact to cut bonus payouts and boost lending to small firms.The Daily TelegraphGERMANY WALLOWS IN GOLDEN AUTUMNBehind the unfolding horror story of Ireland, Greece, Portugal and Spain, something is stirring in Europe which promises a rather better future than the grim, crisis-ridden headlines of the moment might suggest. Germany, the powerhouse of the European economy, is growing again, and what’s more, it is domestic demand, not net trade, which is driving the renaissance. PORTUGAL GRINDS TO A HALT IN GENERAL STRIKE PROTESTING AUSTERITY MEASURESPortugal was crippled on Wednesday as workers staged a 24-hour strike causing travel chaos and closing schools and hospitals to protest against tough austerity measures designed to tackle the debt crisis. The stoppage was the first since 1988 to involve Portugal’s two main unions.WALL STREET JOURNALSPAIN DEFENDS ITS BANKING SECTORSpanish officials are mounting an aggressive campaign to dismiss fears that Europe’s fiscal woes – which have already leapt from Greece to Ireland and may soon spread to Portugal – will reach their shores.This week, Spanish officials hastened to throw up a firewall around their country with a volley of positive comments about the progress of Spain’s fiscal reforms and the soundness of its banking sector.WITH EU DEAL, RUSSIA PAVES WAY FOR WTO MEMBERSHIP Russia and the European Union reached a deal Wednesday that could pave the way for Russia to join the World Trade Organization in 2011.“We’ve practically resolved all the issues,” deputy prime minister Igor Shuvalov said after meeting with senior EU officials. 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 The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity 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 Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm whatsapp Wednesday 24 November 2010 9:06 pm WHAT THE OTHER PAPERS SAY THIS MORNING More From Our Partners Fans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.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.orgKansas coach fired for using N-word toward Black playerthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comColin Kaepernick to publish book on abolishing the policethegrio.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comConnecticut man dies after crashing Harley into live bearnypost.com Show Comments ▼ KCS-content Tags: NULL FINANCIAL TIMESTOYOTA STILL ON ALERT AFTER CRISISToyota remains on a “crisis” footing a year after the first of a wave of recalls of more than 12m vehicles, an executive at the Japanese carmaker has said.Shinichi Sasaki, the board member responsible for quality, told the Financial Times: “I don’t think the crisis is over. If we step down the level of our efforts at this point in time, it may mean we are sowing the seeds of crisis once again.”SAP CONSIDERS OPTIONS AFTER FINESAP said it would “consider all available options” and hinted it would seek a settlement after a US jury imposed a $1.3bn fine on the German group for illegally downloading rival Oracle’s software. The decision is a significant setback for SAP’s new management just as it had started to boost morale at the company.PORSCHE POSTS STRONG PROFITSPorsche gave a strong sign of confidence to employees and investors when the German sports car maker almost doubled its workers’ cash bonus and posted a stellar 19 per cent profit margin in the past quarter.The producer of the iconic 911 sports car said it would pay its more than 13,000 employees a performance bonus of €2,100 for the past financial year, which ended in July.TIFFANY SEES SALES SPARKLETiffany is seeing early demand during the first weeks of the holiday season exceed its expectations, according to Michael Kowalski, its chief executive, as the US jeweller raised its full-year earnings forecast.“We are now a few weeks into the all-important two-month holiday season and sales growth is exceeding our expectations, although the majority of the holiday season is certainly still ahead of us,” Mr Kowalski said on Wednesday. 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4 Sep
2021

Middle East enters critical few days

first_img Share Sunday 30 January 2011 11:28 pm More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.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.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comA 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.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comConnecticut man dies after crashing Harley into live bearnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comWhy people are finding dryer sheets in their mailboxesnypost.com Tags: NULL Show Comments ▼ Middle East enters critical few days whatsapp WE must all hope that the protests in Egypt – and increasingly, across the Middle East – will lead to a blossoming of democracy and individual liberty in a region scandalously deprived of freedom for so long. There is nothing more uplifting than to see mass uprisings against hated dictators; in moments such as these, there can be no doubting the liberating power of modern technology.Unfortunately, we also know from history than not all revolutions are an improvement – in some cases, one brutal tyranny is replaced by another. Investors and markets will thus remain on tenterhooks, with equity, debt, commodity and currencies all affected by increased risk-aversion. Oil prices could spike further if traders fear that trade flows could be disrupted. Geopolitics is always the wild card in economics. Many people had been predicting another major crisis in the Middle East – yet hardly anybody thought it would be triggered by a revolution in Tunisia. The week ahead will be crucial.LINGUA FRANCAAS the world changes, emerging markets become all-powerful and the West declines, what we must teach our children must also change. One area where this is definitely true is foreign languages, an area in which the UK has an especially appalling record. The problem, however, is not merely that too few people speak, read and write in a language other than English – but that when children actually do learn another tongue, they tend to be guided towards the wrong ones. They should be learning Mandarin, Spanish, Hindi or Arabic, rather than French (ironically, the only one of those I myself master) or even German. There are, of course, good as well as bad reasons for the UK’s general monolingualism. The fact that English is the lingua franca – a near-universal auxiliary language and the primary means of communication in business – means that the costs of not knowing any other language are much lower for Brits than they are for the Dutch or the Poles. And while it would be great to see more people learning more languages, especially for the increased cultural understanding that bi- or trilingualism inevitably gives one – there are other, even more important priorities. For instance, ensuring that more people learn to write and spell English properly would be a good start, given the preposterous inability of millions of native speakers to master apostrophes and other basics. A language is primarily a means of communicating – if one has nothing to communicate, and no knowledge to share, it doesn’t really matter how many languages one can speak. Technical knowledge, better education in science and mathematics, practical skills – and my own favourites, better knowledge of economics and finance – would be more useful to an 18-year old than a smattering of one of the minor European languages. A better understanding of history, law and other subjects would also be great.Some schools now offer Mandarin. But the stark fact is that the languages spoken in the fastest-growing parts of the world – Asia, Latin America, the Middle East – are spoken fluently by no more than a tiny proportion of Britain’s 18-year olds. Yet when they turn 40, it will be as common for them to work for a Chinese or Indian or Brazilian firm as it is to work for American or German bosses today. Our schools need to adapt, and [email protected] me on twitter: @allisterheath KCS-content whatsapplast_img read more

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12 Jul
2021

Presco Plc (PRESCO.ng) HY2015 Interim Report

first_imgPresco Plc (PRESCO.ng) listed on the Nigerian Stock Exchange under the Agricultural sector has released it’s 2015 interim results for the half year.For more information about Presco Plc (PRESCO.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Presco Plc (PRESCO.ng) company page on AfricanFinancials.Document: Presco Plc (PRESCO.ng)  2015 interim results for the half year.Company ProfilePresco Plc is a fully-integrated agro-industrial company in Nigeria with business interests in the cultivation of oil palm plantations and milling and crushing palm kernels to produce a range of refined vegetable oil. The company also has a packaging plant and a biogas plant which treats its palm oil mill effluent. Presco Plc specialises in cultivating oil palm and extracting, refining and fractionating crude palm oil into finished products. The company supplies specialty fats and oils of outstanding quality. Presco Plc has a concession of 6 462 hectares at Obaretin Estate; 12 560 hectares at Ologbo Estate; 2 800 hectares at Delta Estate; and 17 000 hectares at Sakponba Estate. Presco Plc is a subsidiary of Siat, a Belgian agro-industrial company which specialises in cultivating smallholder plantations of mainly oil palm and rubber tree crops. Siat has a major stake in the Ghana Oil Palm Development Company (GOPDC) in Ghana, Siat Gabon in Gabon and Compagnie Heveicole de Cavally in Ivory Coast. The company’s head office is in Edo State, Nigeria. Presco Plc is listed on the Nigerian Stock Exchangelast_img read more

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