first_img Tags: NULL Share Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndoBetterBe20 Stunning Female AthletesBetterBeUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldUndo Retail sales up faster than forecast John Dunne whatsappcenter_img Show Comments ▼ RETAIL sales volumes rose nearly three times faster than economists had forecast in July, with almost all non-food sectors showing strong growth, according to official data.Public borrowing measures, meanwhile, were lower than a year ago but still the revealed the uphill task the government has to face to bring down a 2009/10’s record budget deficit.The Office for National Statistics said British retail sales rose 1.1 per cent in July, the strongest gain since February. Analysts had forecast a rise of 0.4 per cent on the month. On the year, sales were up 1.3 per cent versus forecasts for an annual rise of 0.6 per cent.Excluding fuel, retail sales rose 0.9 per cent on the month and were up 2.4 per cent on the year.The ONS said the gains on the month were driven by particularly strong rises in the ‘other stores’ and ‘non-store retailing’ categories.The former, which includes jewellers and sports good stores, rose by 6.1 per cent on the month.The government’s preferred measure on which fiscal forecasts are based, excluding financial sector interventions, came in at £3.8bn. Richard Lowe, Head of Retail and Wholesale at Barclays Corporate said:“Despite a strong month for sales volumes, retail sales remain broadly unchanged compared to the end of last year. Consumer confidence has weakened in recent months and this dip in confidence continues to weigh on High Street sales figures.“I can’t remember a summer when retailers have been so quiet. They are usually out commenting on sales of seasonal favourites such as ice-cream and barbeque weekends but this just hasn’t been happening.” 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 ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Thursday 19 August 2010 5:06 amlast_img read more

first_img whatsapp IBM bids $2bn for analytics firm Netezza KCS-content whatsapp IBM yesterday said it will buy data analytics company Netezza for $1.7bn (£1.1bn) in a bid to expand its technology services business.It hopes the acquisition will help its clients more expertly analyse market information as it shifts its focus from computer hardware to higher-margin software and services.The deal values Netezza at $27 per share, a 9.8 per cent premium from Friday’s closing price of $24.60.Analysts are now speculating a rival bidder could emerge, pushing the price up even higher.Massachusetts-based Netezza sells appliances that combine analytical software and hardware to clients such as online dating site eHarmony and financial exchange operator NYSE Euronext. IBM said the speed of Netezza’s technology had convinced it to buy the company. The two are currently partners, with Netezza using IBM hardware.Arvind Krishna, general manager of information management at IBM, said analytics, which accounted for about $9bn of IBM’s $95.8bn in revenue last year, was a significant growth opportunity for the company.IBM said in May it planned to spend about $20bn in acquisitions through 2015 to expand its software and services business. The firms said they expect the deal to close in the fourth quarter. The deal includes a termination fee of $56m, according to a regulatory filing.The agreement also comes amid a resurgence in mergers and acquisitions activity. Last month saw an unseasonable burst of deal making, with data showing announced deals totaled $262bn, the highest for an August since 1999.Analysts have said this could continue, helped by low interest rates, record cash holdings and low stock market values, with ambitious firms striving to become one-stop shops selling everything from networking and servers to software and services. More From Our Partners Mark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.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.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.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comcenter_img Show Comments ▼ Monday 20 September 2010 8:58 pm 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 PastPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayMoneyPailShe 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.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com Share Tags: NULLlast_img read more

first_img Show Comments ▼ MANAGING A HEDGE FUND? SIMPLE, IT’S LIKE DRIVING THE SCHOOL BUS YOU’VE got to hand it to Glenview Capital hedge fund manager Larry Robbins – The Capitalist has rarely heard such a creative defence of a period of negative returns.Robbins, in his latest newsletter to clients following a four per cent decline in his portfolio over the second quarter, touched on the equity markets and the wider economic environment, but boiled the performance down to a simple analogy: comparing his job to that of a bus driver.Taking his Monday morning routine as an example, Robbins explained how driving his children to school in New York was actually a combination of alpha and beta – the latter being the flow of traffic each day, and the former his own “combination of knowledge, skill and luck, attempting to choose the correct lane, the alternate route, the best shortcut to weave along the 15 mile journey”.“Our job at Glenview is very similar to my job as Monday bus driver,” he continued – with his investors’ capital akin to his precious human cargo, and his own mandate to reach their investment goals on time.“While at any point and time it may appear as though one car is ahead while another is behind, it is the consistent drivers that utilise all of their tools of alpha that consistently end up leading the race at the end,” Robbins concludes, brightly. “Thus, while we are disappointed that the second quarter brought heavy traffic, we are satisfied with our navigational skills as a team, and we believe we are on pace to arrive at our common objectives safely and securely.” That’s alright, then.BOOK WORMVince Cable’s not having a good time of it of late, what with the thunderous reception to his “anti-business secretary” speech at the Lib Dem conference last week and all. Now budget hotel chain Travelodge has another piece of dire news – apparently, Cable’s book “The Storm: The World Economic Crisis and What it Means” is the third most readily-discarded tome in the group’s hotel rooms so far this year.This for the man who, when interviewed by City A.M. earlier this year, couldn’t give away his work quickly enough, foisting the books on his hapless guest in any number of weird and wonderful foreign languages.Still, at least he can take solace in the fact that Simon Cowell’s “Unauthorised Biography” and Ant & Dec’s biography were both placed even higher in the abandonment league table.COLOUR FLASHWord reaches The Capitalist that Deloitte is busy persuading all staff from diverse cultural backgrounds to wear traditional ethnic dress into the office on Fridays, as part of its diversity programme. Brings a new and colourful meaning to “dress-down Fridays”, doesn’t it? More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comA 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.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com KCS-content Share Sunday 26 September 2010 9:40 pmcenter_img whatsapp 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.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com Tags: NULLlast_img read more

first_img More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida 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.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMark Eaton, former NBA All-Star, dead at 64nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.com Miner Xstrata posted mixed third quarter production data and said financial performance was strong as metals prices remained healthy.“Xstrata’s operating and financial performance continues to be strong and the company’s financial position remains robust,” a statement said.The Anglo-Swiss group also released the first resource estimate for the West Wall copper project, a 50:50 joint venture with Anglo American, showing it contained four million tonnes of copper.“These latest successful exploration results confirm that the West Wall project represents an important discovery with the potential to contribute to Xstrata Copper’s project development pipeline in Chile,” a statement said.Copper is the group’s most important product, accounting for 43 per cent of first-half operating profit, while coal is second, making up 32 per cent.Xstrata said production of mined copper increased 10 percent to 233,647 tonnes during the three months to the end of September due to improved mining rates and grades.Consolidated coal output fell five per cent to 21.9m tonnes following planned mine closures in Australia and South Africa and bad weather in Colombia.Xstrata more than doubled first-half earnings per share on higher metals prices when it reported in August, saying at the time it would pump over $5bn (£3bn) into new mines.The trend of strong prices has largely continued through the third quarter, with copper prices up 24 per cent compared with a year ago, Australian coking coal 53 per cent higher and ferrochrome 46 per cent stronger.Zinc in concentrate output fell by 10 per cent due to lower production at the Brunswick and Mt. Isa mines.Mined nickel production jumped 21 per cent to a record 16,174 tonnes due to output from its new Rim South mine. John Dunne whatsapp Share Tuesday 19 October 2010 3:36 am whatsapp Show Comments ▼ Xstrata says financial position “strong” Tags: NULLlast_img read more

first_img 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 PastUndoMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndo Chief operating officer at News Int steps down More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comUK 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.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org KCS-content whatsapp Tags: NULL whatsappcenter_img Share Wednesday 1 December 2010 8:24 pm NEWS International chief operating officer Clive Milner has been placed on gardening leave after a shake-up led by chief executive Rebekah Brooks.He will formally leave the firm early next year after more than 30 years. City A.M. understands his role became superfluous to requirements when Brooks reshuffled her executive team after her arrival last year.News International says his role will not be replaced but his responsibilities will be taken on by commercial chief Katie Vanneck, general manager Will Lewis, chief information officer Paul Cheesbrough and Chris Longcroft, all of whom have taken on the roles since the arrival of Brooks.Milner, 57, was responsible for production, printing, distribution and consumer-facing sales. He played a key role in the development of News International’s print plants at Broxbourne, Knowsley and Eurocentral. Show Comments ▼last_img read more

first_img Iceland agrees to pay back $5bn Tags: NULL Show Comments ▼ whatsapp ICELAND has reached a deal to repay deposits from its failed bank Icesave to the UK and Dutch governments, the negotiating teams said yesterday. Iceland will start the bulk of around $5bn (£3.17bn) of repayments in 2016 and is due to complete in 2046 – a more gradual payment scheme than previously offered by the UK and the Netherlands. The country will pay a fixed interest rate of three per cent on the money it owes to the Netherlands, and will pay a rate of 3.3 per cent on the money owed to Britain.The rates are an improvement on a previous deal of 5.5 per cent interest, which was voted down by Icelandic voters in a referendum in March. Another clause ensures the repayments never exceed five per cent of total government revenue.“This is significantly more advantageous to Iceland and that will play a role in the public perception of it,” US attorney Lee C Buchheit, who headed Iceland’s negotiating team, said.The agreement, which could also pave the way for better relations between the various countries and may help to speed up Iceland’s membership negotiations with the European Union, also still needs political approval. The Icelandic government said yesterday it will vote on the new proposals soon.The UK Treasury said in a statement that “mutually satisfactory closure of this issue will mark a new chapter in UK-Iceland relations”. Thursday 9 December 2010 8:35 pmcenter_img More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comAstounding 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.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org whatsapp 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 PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBePeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople Todaymoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Sharelast_img read more

first_img John Dunne Tags: NULL 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 whatsapp AN alliance between Australian budget airline Virgin Blue and Air New Zealand has been given the go ahead by Australia’s competition watchdog.The regulator said it would allow the carriers to co-ordinate prices, scheduling, capacity and routes for flights between the two countries.It had rejected the plan in a draft decision in September.But it said it now had more information about the probable impact on customers and felt able to back the plans.One condition of the approval was for more seats to be made available on certain flights to restrict the ability of the two airlines to raise fares.Chairman of the Australian Competition and Consumer Commission (ACCC), Graeme Samuel said: “We consider that the alliance is likely to benefit passengers in a number of ways including more choice of routes and frequencies, and potentially lower fares as a result of cost savings and efficiency improvements.” Show Comments ▼center_img Share Virgin Blue deal agreed by watchdogs Thursday 16 December 2010 4:07 am 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 ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldlast_img read more

first_img Tags: NULL Thailand’s exports grew 18.8 per cent last month, compared to the previous year, according to data revealed yesterday. The rise was above the expectations of economists. The pick-up is in line with conditions in other parts of the region such as South Korea and Taiwan, said Rahul Bajoria of Barclays Capital. Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap whatsapp whatsapp Thai exports market picks up Show Comments ▼ Tuesday 18 January 2011 7:59 pm Share KCS-content last_img read more

first_img 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 by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search Ads Share Michelle Obama is to back plans by the world’s biggest retailer, Walmart, to provide its customers with healthier and more affordable food options as part of a drive to cut US obesity levels. The United States’ First Lady has made promoting healthy eating her key initiative in the White House. She will join Walmart representatives at a press conference to launch the initiative later today. Walmart is planning to cut prices on thousands of its packaged foods, reduce fat and salt content, and cut the prices of fresh fruit and vegetables. By 2015, the company hopes to have lowered salt content by a quarter as well as slash sugar levels in foods. Walmart gets Obama approval center_img Show Comments ▼ whatsapp KCS-content Thursday 20 January 2011 7:27 pm Tags: NULLlast_img read more

first_img whatsapp Nestle helped by emerging market boom Thursday 17 February 2011 7:45 pm whatsapp Share KCS-content center_img NESTLE, the world’s biggest food maker, said strong demand in emerging markets would help it offset a steep rise in input costs in 2011 after it beat sales forecasts for 2010.The maker of Nescafe coffee and Gerber baby food said it was well placed to cope with rising commodity prices by making cost savings and pushing up its own prices.“We saw a significant uptick in raw material prices in the second half,” finance chief Jim Singh said yesterday. “We expect SwFr2.5-3bn (£1.6-2bn) additional input costs in 2011”.The increase would be about 8-10 per cent on a cost base of about SwFR30bn, a Nestle spokesman said.Nestle can rely on its strong presence in emerging markets, where underlying sales growth was 11.5 per cent in 2010, and the appeal of brands such as KitKat chocolate bars to offset rising costs for milk, cocoa, coffee, sugar and grain.“I cannot tell you what the pricing will be, that depends on the different markets,” Singh said.Underlying sales growth in 2010 rose six per cent to beat a forecast of 5.5 per cent, and accelerated to 6.4 per cent in the fourth quarter, making the group confident of meeting its long-standing target of five to six per cent growth in 2011.Full-year net profit at Nestle rose to SwFr34.2bn, including the proceeds from the sale of its remaining stake in eyecare group Alcon to pharma group Novartis. Singh said the group could use part of its cash for smaller acquisitions, particularly in its nutrition business, as it intends to boost its medical food activities. Nestle aims to conclude its current SwFr10bn buyback in the first half of the year and will subsequently decide on a new one, Singh said. Show Comments ▼ Tags: NULL Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeStyleVamp10+ Normal People Who Astonishingly Look Like CelebsStyleVampUndoBewadaHusband Divorced His Wife After Looking Closer At This PhotoBewadaUndoadvisor15 Plants that Repel Mosquitoes NaturallyadvisorUndovirimi.com14 Efficient Arm Workouts To Build Might & Muscle – Virimivirimi.comUndoAmoMediaRich Guy Mocks Disabled Waiter, Regrets It ImmediatelyAmoMediaUndoHealth.recetasgetHeart Attack Early Warning Signs and SymptomsHealth.recetasgetUndocutenova.comTake a Peek at 10 of the Most Expensive Houses in the Worldcutenova.comUndoExpertoffers.comCrazy Deals on Walk-In Bathtubs. Best Prices Available Here.Expertoffers.comUndoMold Removal | Search AdsBathroom Mold Removal Tips That Might Surprise Most AmericansMold Removal | Search AdsUndo Read This Next’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap4 ideal Zion Williamson trade scenarios from the New Orleans PelicansSportsnautRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapRick Leventhal to Exit Fox News Just as His Wife Kelly Leaves ‘RealThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap’In the Heights’ Underwhelms at Box Office With $11.4 Million DebutThe WrapJason Whitlock, Former ESPN and Fox Sports Reporter, Resurfaces at BlazeThe WrapFox News’ Mark Levin Says Capitol Riot Suspects ‘Would Be Treated Better’The Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wraplast_img read more