Monthly Archive: September 2021

04
Sep
2021

Rok shares tank as audit finds big financial failures

first_img Tags: NULL whatsapp KCS-content HOUSING repair firm Rok shed nearly half its share value yesterday after it said “serious failings” were found in parts of the business, resulting in the suspension of its finance director.Ashley Martin has been immediately suspended due to a need for “new financial leadership”. The firm said he is not suspected of fraud, but that a further review will be carried out. Rok warned full-year profits would significantly undershoot market forecasts of about £20m because of financial mismanagement in its plumbing division. The profit warning followed an independent review by accountants BDO, who found “serious failings in financial controls”. The firm said its interim results due on Tuesday will still be in line with expectations. Shares closed down 45 per cent at 16p. Wednesday 11 August 2010 8:42 pm whatsapp Show Comments ▼ Rok shares tank as audit finds big financial failures Share More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.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.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.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.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comConnecticut man dies after crashing Harley into live bearnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comlast_img read more

04
Sep
2021

Soros shuns US equities

first_img Show Comments ▼ More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller 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.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.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com Tags: NULL whatsapp Tuesday 17 August 2010 8:25 pm LEGENDARY investor George Soros has slashed his investments in US stocks including AOL, Pfizer and Google, according to a regulatory filing yesterday. Soros moved swathes of his fortune into gold companies over the last three months, as the man who bet against the Bank of England sold off more than 95 per cent of his stocks in bellwether firms JP Morgan, Wal-Mart and Verizon. Soros Fund Management’s largest holding is now in a gold exchange traded fund, making up around 13 per cent of its equity portfolio, worth some $638m. Soros is also likely to have moved money from equities into government bonds, but the US Securities and Exchange Commission only asks for disclosure of activity in equities. The shift took place in a quarter when the Standard & Poor’s equities index fell 12 per cent. whatsapp KCS-content Soros shuns US equities Sharelast_img read more

04
Sep
2021

Diageo offers bleak outlook

first_imgThursday 26 August 2010 8:40 pm Diageo offers bleak outlook 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.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.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.org980-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.com whatsapp Share Show Comments ▼ DIAGEO, the world’s biggest spirits group, expects slightly higher profits growth this year driven by developing markets but a cautious outlook hit its shares after meeting forecasts for annual earnings.The London-based maker of Smirnoff vodka, Johnnie Walker whisky and Guinness beer saw strong growth in Latin America, Africa and Asia, which account for a third of group earnings, while demand in Europe and North America was still weak.Chief executive Paul Walsh said the group had seen a strong performance in the first six months of 2010 and now expects higher growth this year than the two per cent rise in underlying operating profit seen in the reported year to June 2010.He added that the performance, “gives us confidence that in fiscal 2011 we well be able to improve on the organic operating profit growth we have delivered this year”.But analysts said the outlook was cautious with no share buyback programme announced and the rise in the dividend was very modest.Diageo’s finance director Nick Rose admitted he was being cautious but insisted that he was ready for any uptick in developed markets in 2011 with marketing spend set to rise above sales growth. He said Diageo sees input costs flat this year and is well hedged on grain.“We are a little cautious over our core developed markets in Europe and North America but we feel good about our International and Asia Pacific regions,” he said.The group posted pre-exceptional earnings up 13 per cent at 72p a share for the year to the end of June, compared with a consensus of 72.5p.The final dividend rose six per cent to 23.5p a share, and the group said it would now look to increase dividend payments by six per cent rather than the five per cent it said previously. Tags: NULL whatsapp KCS-content last_img read more

04
Sep
2021

Airlines set for higher profits

first_img THE WORLD’S airlines are set to make an $8.9bn (£5.7bn) profit this year, according to sharply revised figures from the International Air Transport Association (IATA).Stronger-than-expected recovery within the commercial aviation sector has pushed the leading industry body to up its profits forecast for 2010 from June, when it said the sector would post just $2.5bn in profits for the year.“The industry recovery has been stronger and faster than anyone predicted. The profit we are projecting will start to recoup the nearly $50bn lost over the previous decade,” said IATA chief executive and director general, Giovanni Bisignani.But in its first forecast for 2011, IATA said it expects profits to fall to $5.3bn as lingering doubts remain over how long the recovery will last. KCS-content Meanwhile, Asia-Pacific airlines continue to outpace competitors and are expected to post profits of $5.2bn as a result of a surge in business travel in the region and a 23.5 per cent increase in passenger traffic. According to IATA, European carriers are expected to improve 2010 losses to $1.3bn from the $2.8bn the industry body forecast in June. Bisignani said: “There are lingering doubts over how long this cyclical upturn will last. Even if it is sustainable, the profit margins that we operate on are razor thin.” Show Comments ▼ whatsapp 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 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 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 Airlines set for higher profits The world’s airlines are expected to post collective revenue of $560bn for the year, marking a $15bn increase on what was previously forecasted. whatsapp Share Tuesday 21 September 2010 8:00 pm Tags: NULLlast_img read more

04
Sep
2021

France hopes for strong growth in 2011 and ducks swingeing cutbacks

first_img FRANCE will curb civil service spending and scrap tax breaks but otherwise rely on faster economic growth to replenish public coffers in 2011, according to a budget bill that some economists said lacked ambition.Wary of voter dismay over pension reforms ahead of elections in early 2012, President Nicolas Sarkozy is seeking to honour deficit-reduction pledges without the level of austerity that many of France’s Eurozone peers have programmed in as they seek to neutralise the heavy state spending that helped pull them out of recession.The cornerstone of the bill presented yesterday is a cut in the public deficit to six per cent of gross domestic product in 2011 from 7.7 per cent in 2010, the first phase of a plan to trim the gap to the EU’s three per cent ceiling in 2013 and to two per cent in 2014. France also expects it debts to peak in 2012.Economy minister Christine Lagarde said she hoped the plans for deficit cuts worth close to €40bn (£34bn) next year would reassure financial markets that remain edgy about bloated debt levels in many European countries.“Investors who finance and refinance our debt are extremely attentive to improvement of public finances, as are the rating agencies,” she told said.The centre-right government has to convince markets that France is serious enough on deficit control to keep an AAA credit rating that allows it to service its debt at a low cost. France hopes for strong growth in 2011 and ducks swingeing cutbacks Wednesday 29 September 2010 11:12 pm whatsapp 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 Wrapcenter_img whatsapp Show Comments ▼ Share 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.comPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople Today Tags: NULLlast_img read more

04
Sep
2021

Nakheel mulls more Islamic bond issuance

first_img KCS-content 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 Show Comments ▼ Nakheel mulls more Islamic bond issuance NAKHEEL is in preliminary talks to list an Islamic bond, part of its restructuring plan, on Nasdaq Dubai and a “good percentage” of banks have agreed to the developer’s repayment plan, its chairman said yesterday.Ali Rashid Lootah said he was “very confident” the builder of islands in the shape of palms will complete the restructuring by the end of the year.“It is on the way. We have achieved a good percentage,” Lootah said told reporters when asked about banks agreement on the plan. “We are in the final stages of negotiation and we are confident we will reach an agreement in the near future.”Under Nakheel’s restructuring plan, trade creditors have been offered 40 per cent of what they are owed in cash and the remaining 60 per cent through a sukuk, or Islamic bond.Conglomerate Dubai World has near-unanimous approval for its $24.9bn debt plan, it said in September. But Nakheel – its flagship property arm undergoing parallel negotiations – has yet to secure backing needed for the plan.An industry executive said on Tuesday he expected the sukuk to be worth around 6bn dirhams ($1.63bn).“We are just doing a preliminary talk and preliminary investigation,” Lootah said when asked if the company had applied to list the bond on the Nasdaq Dubai exchange.Dubai contractor Arabtec’s chief financial officer Ziad Makhzoumi said late last month that Nakheel had applied for the listing on Nasdaq Dubai. Nakheel said it has already repaid trade creditors 4.6bn dirhams as part of the plan.Lootah’s comments on the restructuring affirmed the time-frame for completion of the deal that Nakheel chief executive Chris O’Donnell gave in late September.Nakheel said it has about 85 per cent of acceptances, by value, for its debt restructuring and was “well on target to achieve its 95 per cent acceptance of all payables and claims within the near future”.Nakheel has recently announced the restart of several projects and expects to start building again on all-short term projects by the end of October. It is looking expand its retail business with the expansion of its Dragonmart mall and possibly Ibn Battuta mall in Dubai early next year. whatsapp Share Sunday 3 October 2010 10:16 pm Tags: NULLlast_img read more

04
Sep
2021

Tesco in £1.8bn profit

first_imgTuesday 5 October 2010 3:22 am John Dunne More From Our Partners Why people are finding dryer sheets in their mailboxesnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.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.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org whatsapp Show Comments ▼ Tags: NULL 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 Timescenter_img Tesco in £1.8bn profit Tesco has made a £1.8bn profit in first half profits – a 14 per cent jump from the same period the year before.The world’s third biggest retailer said the rise in underlying pre-tax profits came despite “modest” UK sales growth in the 26 weeks to 28 August.Sales across the group jumped by more than eight per cent to £32.9bn in the same period. Overall UK sales were up by around three per cent.Growth was constrained by higher fuel costs as customers spent more at the pump instead of in store and due to low food inflation.Outgoing chief executive Sir Terry Leahy said the retailer was experiencing “the tailwinds of recovery”.He added: “We have put in investment for the futures and there’s been a lot of innovation.” Share whatsapplast_img read more

04
Sep
2021

Pilot sports events established to boost participation among young

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNoteabley25 Funny Notes Written By StrangersNoteableyThe Sports DropForgotten College Basketball Stars: Where Are They Now?The Sports DropMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comFamilyMindedThe Most Common Astrology Questions People AskFamilyMindedOpulent ExpressHer Quadruplets Were Born Without A Hitch. Then Doctors Realized SomethingOpulent ExpressBridesBlushThis Is Why The Royal Family Kept Quiet About Prince Harry’s Sister BridesBlushForbes.comLove Cars? Here Are The 51 Hottest Collectible CarsForbes.com SCHOOLS from nine areas in England will participate in a pilot sports event next year as part of efforts to ensure the 2012 Olympics gets more youngsters playing competitive games.Announcing the event at the Tory conference, culture secretary Jeremy Hunt said only around one in five children regularly plays sport against other schools.“We are seeking a lasting legacy in the numbers playing competitive sport,” Hunt told delegates.The Schools Olympics pilot event will start early in 2011 and allow children to compete in a range of sports including Olympic and Paralympic disciplines. It will culminate in county-level events next summer, which will help finalise plans for Olympic year 2012.The 2012 event will end with a national competition in the Olympic Park in London, featuring opening and closing ceremonies and medals.Meanwhile, Hunt will today unveil plans for the government’s long-term ambition for the Olympic park once the games have ended.Last week footballers from West Ham visited Downing Street to present the club’s bid to run the Olympic stadium and convert it into a 60,000 seater arena for community use. Wednesday 6 October 2010 7:59 pm Pilot sports events established to boost participation among young Share whatsapp KCS-content center_img whatsapp Show Comments ▼ More From Our Partners Russell 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.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSidney Crosby, Alex Ovechkin are graying and frayingnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comWhy people are finding dryer sheets in their mailboxesnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com Tags: NULLlast_img read more

04
Sep
2021

Maude in bid to find savings by delivering services online

first_img Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNoteabley25 Funny Notes Written By StrangersNoteableyTotal 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 Times KCS-content Read This NextThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotRicky 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 Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Monday 18 October 2010 8:10 pm Share whatsappcenter_img whatsapp FRANCIS Maude, the cabinet office minister, yesterday said the government would cut waste and introduce radical reforms in a bid to protect jobs and frontline public services from swingeing cuts. Maude has drafted in Martha Lane Fox, the government’s digital adviser and founder of travel site lastminute.com, to see if some services can be delivered through an online-only model to reduce costs. He said: “In an age when 96 per cent of all 25-34 years olds are internet users, just 13 per cent of our contact with citizens is currently carried out online.”The coalition will leave “no stone unturned” as it seeks to root out waste and find efficiencies in the public sector, Maude said, as he laid out a raft of savings achieved so far. The coalition has saved £402m by axing ID?cards, he said, while a further £18m had been saved by ?vacating 20 government buildings, Maude said. Around £27m has been cut from the government advertising budget.Meanwhile, plans to renegotiate contracts with suppliers have “progressed quickly”, Maude said, resulting in an estimated £800m of savings by the end of this year. Maude in bid to find savings by delivering services online Tags: NULLlast_img read more

04
Sep
2021

Bats Europe bemoans slow progress on clearing

first_img KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorySerendipity 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 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 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 WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe 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 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 Monday 1 November 2010 9:10 pm whatsapp Sharecenter_img whatsapp Bats Europe bemoans slow progress on clearing A lack of competition among Europe’s clearing houses is holding back growth of the region’s equity market, the chief executive of ultra-fast trading platform Bats Europe said yesterday. Trading firms and exchanges are keen to offer clients a choice of providers in the hope competition will force fees lower – but the clearers have yet to deliver what is known in the industry as interoperability. “The lack of progress in the clearing landscape around interoperability has been a major frustration for us,” said Mark Hemsley, the chief executive of Bats Europe. “The lack of competition is holding back the growth of the European equity market.” Bats Europe, owned by a group of investment banks and high-frequency traders, has built a six per cent European market share since its launch two years ago, according to data from Thomson Reuters. Tags: NULLlast_img read more