Invensys eyes nuclear deal

first_img Share More From Our Partners Russell 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.orgMark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com Invensys eyes nuclear deal whatsapp whatsapp British engineering group Invensys yesterday said it was in talks to provide controls and systems for up to four new nuclear power stations in China. Chief executive Ulf Henriksson said at Nomura’s Rail Infrastructure seminar that Invensys was increasingly targeting emerging markets, particularly in its power, oil and gas and railway operations.“We have had considerable success during the past two years in China’s rapidly expanding nuclear power generation market, and we expect this success to continue, as we are currently in negotiations to supply such solutions to four additional greenfield nuclear powers stations,” he said.The group, which also provides rail signalling equipment, is looking at partnerships with other rail infrastructure providers. Show Comments ▼ Monday 6 September 2010 8:17 pm KCS-content Tags: NULLlast_img read more

M&S profits up but warns over future

first_img Tags: NULL whatsapp M&S profits up but warns over future Thursday 7 October 2010 8:09 pm MARKS & SPENCER said yesterday that its sales were rising but that “it is far from clear” what impact forthcoming government cuts would have on its customers. Like-for-like sales in the UK, which strip out the impact of sales from new stores, rose by 5.3 per cent in the three months to the beginning of October.The company also said it had increased its market share across all parts of the business. But chief executive Marc Bolland urged caution, saying that while its older customers were braced for government cuts its younger ones were less so.He said: “Marks and Spencer has had a good second quarter, growing market share across all parts of the business. Customers are returning to quality. However the impact of the cuts is not known and we must remain cautious.”Bolland echoed the views of other supermarket chiefs including Tesco’s Sir Terry Leahy saying a double-dip recession was unlikely. Meanwhile, total sales across the group rose by 6.5 per cent, with international sales up 6.2 per cent. International sales were up 6.2 per cent, driven by Asia, with sales from Greece and Ireland less impressive as their economic woes hit the high street.The lines holding up the best have been at the top end with men’s suits performing well. Bolland added: “Customers are returning to quality in the face of economic uncertainty, especially we see that in areas such as men’s suits and knitwear. People may buy once, but they buy well.”M&S, which serves 21m Britons a week from over 650 stores and has about 300 shops abroad, said its full-year financial expectations were unchanged as the better trading was offset by rising operating costs.TV adverts featuring models including Lisa Snowdon in a military-style coat, have helped to boost sales. It will report its half year results for the 26 weeks ending 2 October 2010 on 9 November 2010. Sharecenter_img KCS-content 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.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times whatsapp Read This Next’Kevin Can F**k Himself’: Here’s Why Only Allison and Patty Are SeenThe Wrap20 Stars Who’ve Posted Nude Selfies, From Lizzo to John Legend (Photos)The Wrap’Batwoman’: Wallis Day on Circe’s ‘Deranged’ Warpath and the Key to SavingThe Wrap’Godzilla vs Kong’ Reaches $100 Million in US After Grossing $250,000 inThe WrapJoin a Conversation on ‘Cancel Culture in Comedy’ with Maz Jobrani, SkyeThe WrapAnya Taylor-Joy, Ralph Fiennes Join Searchlight’s Dark Comedy ‘The Menu’The WrapAfter ‘Black Widow,’ Kevin Feige Leaves Open the Possibility of OtherThe Wrap’Pose’ Creator Steven Canals on Life After His Groundbreaking Show: ‘I’mThe Wrap’The Boys’ Star Aya Cash Took Inspiration From YouTube, TikTok and SteveThe Wrap Show Comments ▼last_img read more

SocGen says it won’t ask Kerviel for €4.9bn fine

first_img Tags: NULL Show Comments ▼ KCS-content SocGen says it won’t ask Kerviel for €4.9bn fine SOCIETE Générale has distanced itself from the record €4.9bn (£4.3bn) fine slapped on rogue trader-turned-national-hero Jerome Kerviel after an astonishing backlash in France.Kerviel was jailed for five years, with two suspended, for several offences including forgery. But the astronomical fine has caused indignation in his home country, solidifying sentiments that he was used as a scapegoat for the banking crisis and prompting SocGen to condemn the fine. A spokesman told a radio station: “It is out of the question to claim such a sum from one man… Do we intend to indebt Kerviel for 177,000 years, as I’ve seen written? The answer is no. We are a responsible bank.”Kerviel was free on bail last night, awaiting an appeal against the sentence. Read This Next’Kevin Can F**k Himself’: Here’s Why Only Allison and Patty Are SeenThe Wrap20 Stars Who’ve Posted Nude Selfies, From Lizzo to John Legend (Photos)The Wrap’Batwoman’: Wallis Day on Circe’s ‘Deranged’ Warpath and the Key to SavingThe Wrap’Godzilla vs Kong’ Reaches $100 Million in US After Grossing $250,000 inThe WrapJoin a Conversation on ‘Cancel Culture in Comedy’ with Maz Jobrani, SkyeThe WrapAnya Taylor-Joy, Ralph Fiennes Join Searchlight’s Dark Comedy ‘The Menu’The WrapAfter ‘Black Widow,’ Kevin Feige Leaves Open the Possibility of OtherThe Wrap’Pose’ Creator Steven Canals on Life After His Groundbreaking Show: ‘I’mThe Wrap’The Boys’ Star Aya Cash Took Inspiration From YouTube, TikTok and SteveThe Wrapcenter_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 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.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times Share Thursday 7 October 2010 9:46 pm whatsapplast_img read more

News Corp is facing long Sky bid delay

first_img Share RUPERT Murdoch was yesterday assessing how much damage a probe into his proposed bid to bring BSkyB back under the News Corp umbrella could cause. Business secretary Vince Cable stepped in to order a preliminary investigation into the bid by media watchdog Ofcom, with a full EU probe also on the cards.At the very least News Corp faces a lengthy delay in a deal it had previously thought would be a formality.Speculation was last night mounting that Murdoch is already weighing up plans to offload either Sky News, the root of recent “media plurality” complaints, or even his flagship Times newspaper. Media analyst Claire Enders, of Enders Analysis, told City A.M.: “If Sky News was sold, that would be problem solved as far as media plurality goes. But Sky News is an integral part of News Corp’s plans. It is also loss making and will remain that way, which would make it difficult to sell. The same goes for the Times.”News Corp wants to buy the 61 per cent of Sky it doesn’t already own in a deal that would value the firm at £12bn. More From Our Partners Brave 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.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com Show Comments ▼ Friday 5 November 2010 12:21 am News Corp is facing long Sky bid delay center_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal 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 TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite 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 Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm KCS-content whatsapp Tags: NULLlast_img read more

Threshers fails in sell-off as creditors left high and dry

first_img KCS-content FEWER than a third of Threshers stores have reopened as off-licences after the chain folded last year, administrators revealed yesterday.Only 400 of the firm’s 1,400 stores were sold, with most being bought by small off-licence chains, said accountancy firm KPMG which is still working on the administration. The other 1,000 were returned to landlords.Off-licences have been weakened by competition from supermarkets who, because of their buying power, can afford to cut alcohol prices.First Quench Retailing, which owned the Threshers, Wine Rack, Victoria Wine, Bottoms Up and Haddows fascia, went into administration with the loss of 6,300 jobs.Diageo, one of the creditors, lost a total of £41m when it collapsed.Some of First Quench’s brand names will trade on.The Threshers, Bottoms Up, The Local and Victoria Wine brands were sold to a small property and discount stores business, SEP Properties, in the West Midlands. While The Wine Rack name was bought by London-based Venus Wine and Spirits and its shops still trade on high streets in the South East. Tags: NULL Share Monday 8 November 2010 9:14 pm whatsapp Threshers fails in sell-off as creditors left high and dry center_img More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKansas coach fired for using N-word toward Black playerthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal 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 TimesMagellan 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.comMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCute Show Comments ▼ whatsapp last_img read more

Fed reveals more QE details

first_img The Federal Reserve will buy about $105bn (£65bn) of Treasuries and Treasury inflation-protected securities in 18 operations from 12 November to 9 December as part of its next batch of quantitative easing, the New York Fed said last night. Around $75bn of this sum is part of the new $600bn easing programme announced last week, with the remaining $30bn printed under a previously announced scheme. The Fed had already in August undertaken a programme of Treasury and TIPS buying, using funds from agency bonds. More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.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.orgColin Kaepernick to publish book on abolishing the policethegrio.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.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.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comKiller drone ‘hunted down a human target’ without being told tonypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKansas coach fired for using N-word toward Black playerthegrio.comWhy people are finding dryer sheets in their mailboxesnypost.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com Fed reveals more QE details whatsapp KCS-content Sharecenter_img Wednesday 10 November 2010 8:47 pm Show Comments ▼ 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 FollowAlphaCuteMoneyPailShe Was A ’90s Star, Now She Works In {State}MoneyPailDirect HealthyKate Silverton’s PartnerDirect Healthythedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory whatsapp Tags: NULLlast_img read more

WHAT THE OTHER PAPERS SAY THIS MORNING

first_img Wednesday 15 December 2010 9:04 pm Tags: NULL WHAT THE OTHER PAPERS SAY THIS MORNING FINANCIAL TIMESSIENNA MILLER CLAIMS REIGNITE HACKING ROWLawyers representing the actress Sienna Miller have alleged that a senior executive at the News of the World ordered a private detective to hack into her mobile phone voicemail account, reigniting a controversy over journalistic practices at the tabloid Sunday newspaper. GOLDMAN’S SZE TO LEAVE FOR HEDGE FUNDMorgan Sze, the global head of Goldman Sachs’ biggest proprietary trading desk and one of the bank’s most highly paid employees, has begun raising money for what is expected to be the largest hedge fund launch since the financial crisis began. Sze’s new hedge fund – eagerly anticipated by many in the industry – is to be called Azentus Capital and will based in Hong Kong.CHINA BANK TO LAUNCH FUND OF FUNDSChina Development Bank, the state-owned lender that owns part of the UK’s Barclays Bank, is set to launch the country’s first private equity fund of funds in a sign of how rapidly the Chinese private equity industry is maturing. With direct approval from the State Council, China’s cabinet, the fund of funds is scheduled to raise a total of Rmb60bn ($9bn), providing a huge boost to the burgeoning domestic private equity sector.HYUNDAI PREPARES TO RELAUNCH BRANDHyundai Motor is preparing to relaunch its brand as “modern premium” in line with the South Korean carmaker’s growing confidence and global Hyundai and its sister brand Kia will this year produce more than 6m vehicles, up about 20 per cent on 2009, and will be the industry’s fifth-largest carmaking group.THE TIMESINFLATION IS THE BIGGEST ENEMY, WELLCOME TRUST WARNS BANKBritain’s richest charity and one of its most successful investors gave warning yesterday that the country is facing its biggest inflationary threat for 20 years and disclosed that it had abandoned bond investment as a consequence. Wellcome Trust, which has amassed a £14.5bn investment fortune, said that it had sold its last bond in April as it positioned itself for a rise in inflation.COVENTRY TO BE THE HOME OF TATA’S ELECTRIC CARDreams of making Britain the worldwide hub of the electric car revolution have been boosted by Tata, which pledged its plug-in hatchback would be produced in Coventry. The Indian carmarker confirmed the Tata Vista EV will be built in the spiritual home of the British motor industry.The Daily TelegraphPIMCO RAISES US DEBT HOLDINGSBill Gross, who runs the world’s biggest bond fund at Pimco, last month raised holdings of US government-related debt for the first time since June. Gross increased the proportion of the US government and related securities in his Total Return Fund to 30pc of assets in November from 28pc in October.CLAIMS RGI IS USED AS PERSONAL BANK ARE MISLEADING, SAYS PROPERTY COMPANYThe Aim-listed Russian property company accused of being used as a “personal bank” for management has claimed the allegations against it are “misleading and unfounded”. RGI International was accused of bribery, nepotism and financial malpractice by Petr Shura, owner of 22.5 per cent of the company, in a stock market statement on Monday.THE WALL STREET JOURNALBANK OF AMERICA IN SETTTLEMENT TALKS OVER MORTGAGESBank of America, after vowing to fight requests that it repurchase certain loans, has begun potential settlement discussions with some of its largest mortgage investors. The 17-member group now in talks with the nation’s largest bank includes the Federal Reserve, Freddie Mac, BlackRock and Allianz SE’s Pacific Investment Management.DANNON SETTLES COMPLAINTS OVER YOGURT ADSDannon, one of the biggest promoters of probiotic foods such as Activia and DanActive dairy drinks, agreed Wednesday to pay $21m to settle state and federal investigations into allegations that the company’s claims for the health benefits of foods containing probiotics were exaggerated, or not properly supported. Share whatsapp More From Our Partners UK teen died on school trip after teachers allegedly refused her pleasnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.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.comMark Eaton, former NBA All-Star, dead at 64nypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.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.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com Show Comments ▼ whatsapp KCS-content last_img read more

Henderson confirms Gartmore takeover talks

first_img Tags: NULL Monday 20 December 2010 2:34 am Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof whatsapp ANGLO-AUSTRALIAN fund management house Henderson Group has confirmed it is negotiating the potential takeover of struggling rival funds firm Gartmore.Gartmore said on Friday it had entered into talks with Henderson on the basis of a proposal priced at “a slight discount” to Gartmore’s closing share price of 98.75p on December 16, valuing the company at £360m. “Henderson’s proposal is conditional. No terms have been agreed and there can be no certainty that a transaction would proceed on the basis set out in Gartmore’s announcement,” the fund manager said.Gartmore announced last month it had appointed bankers to seek a merger or sale after star fund manager Roger Guy announced he was retiring from the company, shortly after the departure of close colleague Guillaume Rambourg.Henderson is no stranger to the acquisition trail, having bought rival New Star Asset Management last year, though talks to buy US boutique RidgeWorth from SunTrust faltered in July. Show Comments ▼ center_img Henderson confirms Gartmore takeover talks Share whatsapp alison.lock 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.comDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmlast_img read more

Coalition rejigs high speed line

first_img THE government has caved in to pressure from Conservative backbenchers by changing the planned route of the UK’s new high speed rail line from London to Birmingham.Transport secretary Philip Hammond said the changes would “significantly mitigate” the impact of the 250mph trains on towns and villages bordering the railway.The proposed line passes through the constituencies of several Tory MPs, including those of Welsh Secretary Cheryl Gillan and Andrea Leadsom, MP for South Northamptonshire, who questioned whether the proposals represented value for money.Leadsom said: “My overriding belief is this is wrong. The UK is simply too small, hilly and contoured to cope with a 250mph juggernaut.”Hammond insisted the scheme would bring parts of the country closer together by reducing journey times to and from London. But he acknowledged that some along the preferred route may suffer falls in the value of their homes and said the government was considering compensation.Hammond said engineers would reduce the environmental impact of the railway line by running it through tunnels and cuttings.The coalition has changed about half the plan originally put forward by the body charged with designing it, HS2 Ltd.A line between London and Birmingham and a connection to the Channel Tunnel rail link – known as HS1 – will be built first, with a y-shaped network stretching to Manchester and Leeds to be built later, as well as a branch to Heathrow Airport.Track and station operator Network Rail said the new line was needed to relieve congestion on the existing West Coast main line and provide extra space for passenger and freight trains.The Confederation of British Industry said it backed the route chosen by ministers because it would bring more benefits for the economy and better connections for big cities. whatsapp whatsapp KCS-content Coalition rejigs high speed line 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 Share Monday 20 December 2010 7:49 pm Show Comments ▼ Tags: NULLlast_img read more

GM in bid for European profits

first_imgMonday 10 January 2011 7:20 pm GM in bid for European profits Show Comments ▼ Tags: NULL KCS-content Share General Motors hopes to achieve profitability in its European operations this year, addressing one of the problems that was not resolved by its 2009 restructuring in bankruptcy, the US automaker’s chief financial officer said yesterday. “We’re talking about achieving break-even this year, so that’s a tough ask, but … the internal plan is still to try to achieve profitability this year,” Chris Liddell said at the North American International Auto Show in Detroit. GM’s European Opel unit lost $1.3bn (£834m) in the first three quarters of 2010. whatsapp 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 ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotBack 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 Prooflast_img read more