MPC poised to keep interest rates on hold


first_img whatsapp Share THE Bank of England’s Monetary Policy Committee (MPC) is expected to hold interest rates at 0.5 per cent when it meets later this week, as fears of a slowdown intensify following weaker-than-expected surveys.Data published last week showed further falls in house prices and a marked slowdown in economic activity across the manufacturing, construction and services sectors, even before the government’s fiscal tightening measures kick in. “In light of this, we believe that when the Bank of England’s MPC meet next week, the precarious nature of the recovery will ensure that a loose monetary stance is maintained,” said Hetal Mehta, UK economist at Daiwa Capital Markets.Citi’s Michael Saunders also points out: “There are signs of a third quarter GDP slowdown, but the Inflation Report already anticipated a substantial slowdown and possible downward revision to second quarter growth.”The additional fiscal burden expected in the UK and the fact that the private sector continues to deleverage, suggests that the Bank of England is likely to follow suit and keep rates low. Consequently, City economists think it unlikely that any other MPC members will have joined hawk Andrew Sentance in calling for a rate rise of 25 basis points. Persistent high inflation has been plaguing the MPC since the start of 2010 and, with a VAT hike looming, economists expect it to remain high well into 2011. FAST FACTS | INTEREST RATES● The MPC has kept interest rates on hold at 0.5 per cent for 17 months so far, the longest period of stability since 1940-1950.● Interest rates are at their lowest level since the Bank was established in 1694. Sunday 5 September 2010 9:40 pm whatsapp Show Comments ▼ MPC poised to keep interest rates on hold center_img KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farminvesting.comCanceled TV Shows Announced: Full Updated Listinvesting.comthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comHero WarsBig Boss of internet games!Hero WarsFolliboost Haircare SerumThinning Hair? Use this For 1 Month and See What HappensFolliboost Haircare SerumTrendscatchersA Woman Brings A Lion Statue To Have It Appraised. But When The Assessor Sees Her He Almost ChokesTrendscatchers More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comConnecticut man dies after crashing Harley into live bearnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.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.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org Tags: NULLlast_img read more

IRN-BRU PUTS FIZZ IN AG BARR PROFIT


first_img Tags: NULL Show Comments ▼ Share 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.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com IRN-BRU PUTS FIZZ IN AG BARR PROFIT whatsappcenter_img More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.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.orgMark Eaton, former NBA All-Star, dead at 64nypost.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.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com whatsapp Tuesday 28 September 2010 11:00 pm IRN-BRU maker AG Barr has seen its profit and revenues fizz in the first half and is planning to sell more drinks south of the border through advertising campaigns. The Scottish drinks firm saw pre-tax profit rise 18.8 per cent to £16m from £13.5m the year before. Chief executive Roger White (pictured) said: “In Scotland Irn-Bru is drunk by everyone and we would like to see more people further south drinking it. Our Rubicon juices are also doing very well.” last_img read more

OPEC raises oil demand forecast


first_img Show Comments ▼ Tuesday 12 October 2010 9:10 pm OIL cartel OPEC said the world will need 100,000 barrels of oil a day more than previously forecast this year, thanks to a stronger than expected global economy supported by government stimuli. The group, which represents 12 oil-rich countries in the Middle East, Africa and South America, predicted that the world needs an extra 1.1m barrels of oil per day this year during a meeting in Vienna yesterday. However the cartel said demand growth was likely to tail off towards the end of the year, and that usage in 2011 will grow by 1m barrels of oil a day as expected. The group stood by its $70 – $80 per barrel price target for the year. North Sea crude futures fell 47 cents to $83.25 a barrel after the meeting. whatsapp KCS-content Share 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 Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe 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 whatsapp OPEC raises oil demand forecast Tags: NULLlast_img read more

Dell purchases US cloud computing firm Boomi


first_img DELL will buy US cloud-computing services company Boomi to shore up its ability to provide software over computer networks.The world’s second-largest PC maker did not disclose terms of the deal for Boomi, which counts Salesforce.com among its clients and helps integrate so-called cloud-based applications and smooth data transfers between programs.Boomi raised $4m (£2.5m) in 2008 in an initial round of institutional funding led by venture capital firm FirstMark Capital. The company is based in Berwyn, Pennsylvania, and was founded in 2000.Privately held Boomi was mentioned as a potential acquisition target after Dell rival IBM bought Cast Iron Systems earlier this year.Dell has been on the acquisition trail, but lost out recently in a bidding battle with larger rival Hewlett-Packard for high-end storage maker 3PAR. Chief executive officer Michael Dell had said at an industry event in Hong Kong that the company would announce a cloud-computing acquisition on Tuesday, spurring a round of market speculation on potential targets. Tuesday 2 November 2010 8:38 pm whatsapp Tags: NULL KCS-content Share Show Comments ▼ Dell purchases US cloud computing firm Boomi whatsapp More From Our Partners Mark Eaton, former NBA All-Star, dead at 64nypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBrave 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.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comlast_img read more

EU not City dictates capital’s future


first_imgMonday 15 November 2010 9:16 pm whatsapp Share THERE is something magical about the Lord Mayor’s annual banquet at the Guildhall. One is surrounded by pomp and pageantry; all the guests are decked out in white tie and tails, and dozen upon dozen of Britain’s top business executives make the time to listen to the Prime Minister, the Lord Mayor, the Lord Chancellor and all the others. So it made sense, I suppose, for David Cameron to use his first speech to this august gathering to try and mend fences with the City and talk up Britain’s economy and place in the world.Yet it didn’t quite work. Everybody knows the UK retains a large economy and that London’s financial services industry remains huge. But anybody could have said that at any time during the past decade. Stating the obvious isn’t clever. The real point is that power is seeping away from the UK. For hundreds of years, the buck stopped with the people in the room last night, London-based merchants and politicians; increasingly, however, it is moving to European Union institutions and others who don’t have the UK’s best interests at heart. Take the looming Irish bailout. Under the European Financial Stabilisation Mechanism, Britain must stamp up for 13.6 per cent of any monies channelled to Ireland. This could cost UK taxpayers €8bn – more if Portugal and Greece also require funds. Or take the row over bonuses: the real power now lies in the hands of the Committee of European Banking Supervisors, not the FSA or even the government. The new EU rules will be published next month and come into effect on 1 January 2011. The new sheriffs in town include the European Banking Authority (London-based but a European body on which the UK will only have a tiny voice); the European Securities and Markets Authority in Paris; and the Occupational Pensions Authority in Frankfurt. Perhaps in future years, they too will be given starring roles at Guildhall banquets (my kind of nightmare). Private equity and hedge funds are now regulated from Brussels. We are also facing a review of the market in financial instruments directive. With the EU in charge, the people around me in the Guildhall last night have been downgraded to the role of lobbyists. Some claim that the EU must take control because Britain failed. It is true UK monetary, regulatory and fiscal policies were a disgrace; the Labour government paid the price for its incompetence. But that doesn’t justify handing power to unaccountable bureaucracies. European countries and Brussels itself failed even more miserably on every count. The single currency was one of the drivers of boom and bust; continental banks were destroyed in far greater numbers than UK institutions; European governments borrowed even more recklessly than Northern Rock. The real answer is to decentralise power, and make governing structures as local and accountable as possible. Some coordination is necessary, of course. But competition and experimentation work for companies; they should also be made to work for nations. If anything, London itself should gain more powers, just as City-states such as Singapore and Hong Kong govern themselves. We need a new localism in financial and economic regulation, just as we need it everywhere else, to allow fresh solutions to emerge. Top-down pan-European policies will only kill off our prosperity. Until we relearn this truth, the tragedy is that gatherings such as last night’s will progressively be robbed of their [email protected] More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comWhy people are finding dryer sheets in their mailboxesnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com EU not City dictates capital’s future center_img whatsapp Show Comments ▼ Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was Famous, Now She Works In {State}MoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionUndo KCS-content Tags: NULLlast_img read more

Retail sales pick up but growth stays sluggish


first_img More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.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.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.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.org Share Show Comments ▼ RETAIL sales in the UK rose for the first time in three months in October, according to official statistics released yesterday.Sales volumes were up 0.5 per cent compared to September, but still 0.1 per cent lower than the same month in 2009.Online retailers continued to outperform their traditional High Street rivals, with non-store retailing up 1.2 per cent on September and a staggering 12 per cent on October 2009. But shops selling household goods such as hardware stores and DIY superstores fared the worse, with sales down 4.7 per cent year-on-year, due to the slowdown in the housing market. Sales at these retailers were down 0.6 per cent on September. Analysts warned the VAT hike would likely stem retail sales growth in the New Year. whatsapp Retail sales pick up but growth stays sluggish center_img 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 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.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter Centerthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com whatsapp Thursday 18 November 2010 8:29 pm KCS-content Tags: NULLlast_img read more

US suitor lifts Capital stock


first_img whatsapp Share KCS-content Show Comments ▼ Tags: NULL whatsappcenter_img SHARES in Capital Shopping Centres (CSC) rocketed yesterday after US mall owner Simon Property revealed it had made an initial takeover approach for the company. Simon wrote to CSC on Tuesday, the day before CSC announced its £1.6bn offer for the Trafford Centre in Manchester, to urge the firm to postpone its purchase and share offering until Simon could make an all-cash takeover offer. CSC refused the request, and added yesterday “it was not in shareholders’ interests to delay the placing”. The firm announced its deal with Trafford Centre owner Peel Holdings yesterday morning, alongside a successful £221m share placing to help fund the deal and lower its own debts.CSC yesterday scheduled an extraordinary meeting for 20 December to allow investors to vote on the Trafford Centre acquisition and discuss the possibility of a takeover by Simon. The purchase of the Trafford Centre, if accepted by shareholders, will hand a 24.9 per cent stake in CSC and the deputy chairman job to current Trafford owner and billionaire property investor John Whittaker. Analysts at JP Morgan said of the deal: “Although we do not believe the Trafford purchase would be a bargain at five per cent initial yield, the centre looks a perfect fit in CSC’s portfolio. In addition, the announced equity placing was hanging in the air and we welcome the potential leverage reduction.”Capital Shopping’s shares closed 12.9 per cent up at 381p yesterday, valuing the firm’s issued shares at £2.12bn. Simon said its potential offer would be “at an unspecified premium” to the company’s current valuation.DAVID SIMONSIMON PROPERTYDAVID Simon was named chairman of the board of directors of the group in October of 2007. He had served as chief executive of Simon Property Group since 1995. He was president of the firm from 1993.Simon Property Group is the largest real estate company in the US. It owns or has an interest in 393 properties comprising 264m square feet of gross leasable area across the US, Europe and Asia. Its portfolio includes Premium Outlets and The Mills malls. It is headquartered in Indianapolis, Indiana and employs more than 5,000 people. It is listed on the NYSE.Its international expansion is usually based on partnerships with established players with a knowledge of local markets. It owns an interest in 51 European shopping centres; eight Premium Outlet Centers in Japan; and one Premium Outlet Center in both South Korea and Mexico. Simon Property is believed to have taken on Citigroup to advise on the CSC deal, though Citi refused to confirm this to City A.M. yesterday. 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 TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com US suitor lifts Capital stock More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.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.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com Thursday 25 November 2010 8:29 pmlast_img read more

IMF boss slams Eurozone’s response to the debt crisis


first_img KCS-content Read This NextFresh Fruit Sushi: Recipes Worth CookingFamily ProofCreamy Pumpkin Soup: Delicious Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily Proof’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofA Once in 17 Years Cicada Event in Princeton, New JerseyFamily Proof Tuesday 7 December 2010 9:02 pm Tags: NULL whatsapp whatsappcenter_img Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNight DailyHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeNight DailyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailThe Sports DropForgotten College Basketball Stars: Where Are They Now?The Sports DropJournalPregnant Woman Takes a Nap – You Won’t Believe What She Discovered When She WokeJournalBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUpbeat NewsThese 25 Celebrities Ruined Their Career in a Matter of MinutesUpbeat News DOMINIC Strauss-Kahn, the head of the International Monetary Fund (IMF), has launched a thinly-veiled attack on the Eurozone’s handling of the sovereign debt crisis. “The piecemeal approach, one country after another, is not a good one,” he said, as he called for a “more comprehensive solution to the problem”.Strauss-Kahn’s comments, which came after a meeting of EU finance ministers, are likely to put pressure on Germany, which is resisting calls for a larger Eurozone rescue fund. It is also opposing an Italy-Luxembourg plan to issue pan-Eurozone bonds that would lower borrowing costs for struggling member states. Meanwhile, the EU promised a “more rigorous” round of European bank stress tests to be conducted in February next year. IMF boss slams Eurozone’s response to the debt crisis Show Comments ▼last_img read more

Saudis keen to hold oil at $70


first_img KCS-content whatsapp Tags: NULL LEADING Opec producer Saudi Arabia said this weekend it still favoured a $70 (£44.27) to $80 price range for oil, extending a two year policy of price control. The statement by Saudi Oil minister Ali al-Naimi at an Opec meeting on Saturday will come as a relief to consumer nations in the West, worried that rising oil prices could get out of control and hurt the global economic recovery. His comments came as Opec agreed to keep production restraints unchanged, despite a recent surge in crude prices to $90 a barrel. Sunday 12 December 2010 10:35 pm 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 TimesBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comcenter_img Share Saudis keen to hold oil at $70 Show Comments ▼ whatsapp More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMark Eaton, former NBA All-Star, dead at 64nypost.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.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comlast_img read more

Analyst views: what does the news mean for astrazeneca?


first_img Analyst views: what does the news mean for astrazeneca? KCS-content whatsapp whatsapp Share 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 center_img Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeMagellan 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.com Tuesday 21 December 2010 8:26 pm SAVVAS NEOPHYTOU | PANMURE GORDONIt’s never a good sign when a pipeline asset is withdrawn, but this is financially fairly painless. It’s more evidence of AstraZenca’s struggle with its pipeline delivery.MIKE MITCHELL | SEYMOUR PIERCEIt shows that AstraZenca’s strategy is higher risk than previously thought. Regulatory hurdles are hitting hard, and it has less experience in emerging markets than peers.JEREMY BATSTONE-CARR | CHARLES STANLEYThe price drop since the Brintilla news was more sentiment-led than due to a change in earnings. But the decision raises questions about medium-term options. Tags: NULLlast_img read more