Wednesday 1 February 2017 2:25 pm The US private sector jobs market smashed economists’ consensus expectations in January in a further sign the labour market in the world’s largest economy is heating up.Employment in the US private sector rose by 246,000 jobs in the last month, according to payrolls company ADP, the fastest rate since June 2016. Ian Shepherdson, chief economist at Pantheon Macroeconomics, said: “The consensus always looked low, given the upturn in most indicators of hiring late last year and the improvement in macro indicators like industrial production, which feed into the ADP model.” Share whatsapp This far outstripped the consensus prediction of a 165,000 increase. While the ADP numbers are usually more volatile than the government’s official figures, the rise suggests the vital non-farm payrolls on Friday could also perform better than expected.Read more: Last US jobs data before Fed meeting supports rate rise caseThe increase represents a big jump in the pace of hiring compared to the previous month, when 153,000 jobs were added in the private sector. US private sector smashes expectations as most jobs added since June The data comes ahead of the Federal Reserve’s Open Market Committee (FOMC) meeting, where it is widely expected to leave its federal funds interest rate unchanged.Read more: No fireworks: Economists say BoE and Fed set to hold ratesSigns that the economy is still adding jobs even as unemployment remains at lows previously not seen since the global financial crisis will add to the FOMC’s belief that the US is nearing full employment, the point at which available labour resources are used most efficiently.Higher employment levels are expected to add to inflationary pressures, which could prompt further calls for the FOMC to tighten monetary policy at a faster rate.At its previous meeting the FOMC pencilled in three rate hikes over the course of 2017. Jasper Jolly by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUnify Health LabsRandy Jackson: This 3 Minute Routine Transformed My HealthUnify Health LabsLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthWolf & ShepherdNFL Star Rob Gronkowski’s Favorite ShoesWolf & ShepherdAll Things Auto | Search AdsNew Cadillac’s Finally On SaleAll Things Auto | Search AdsTaco RelishSuspicious Pics That Are Fishier Than The SeaTaco RelishLoan Insurance WealthGrab A Tissue Before You See Richard Simmons At 72Loan Insurance Wealth whatsapp More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell 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.orgNative American Tribe Gets Back Sacred Island Taken 160 Years read more

Worries about overseeing risk and concerns over security breaches are among the hurdles preventing banks from taking up cloud technology as quickly as other firms, according to a study released today.The report by law firm Pinsent Masons and the British Bankers’ Association (BBA) highlights how lenders could become more agile and reduce their costs by using cloud technologies, which are relatively commonplace outside the industry and banks risk being left behind if they cannot adapt quickly. whatsapp Banks stumbling over hurdles as they race to embrace cloud technology Monday 13 February 2017 12:01 am Hayley Kirton Share Scanlon added a more harmonised regulatory framework was needed for banks and the cloud, commenting: “This requires more clarity around what data and which banking functions can be supported by cloud-based technology, how effective oversight of complex cloud supply chains can be achieved, how the regulator can best achieve its own oversight objectives and how best to prepare for, in future, banks transitioning from one cloud service provider to another.”Meanwhile, the BBA has formed a Cloud Working Group to help its members navigate any legal, regulatory and commercial challenges in adopting the technology.  The report also argues cloud technology could enable banks to help certain consumers access financial products, better use data to make decisions and create new investment products. Read more: The UK’s crackdown on encryption threatens London’s fintech boom”Innovation teams within banks know that a confident cloud adoption strategy is the only way forward and essential to the future of competing effectively in financial services,” said Luke Scanlon, head of fintech propositions at Pinsent Masons. “Banks must put their customers in control, before fintech companies as well as the technology giants take away significant market share.”The researchers are now calling on banks, cloud service providers, regulators and policy makers to work closely together to smooth the path for firms looking to adopt cloud computing. Read more: Societe Generale income inches down in 2016, but retail banking booms whatsapp read more

whatsapp Anthem hits back at Cigna’s $15bn lawsuit Share whatsapp Tuesday 14 February 2017 9:15 pm Cigna has filed a lawsuit demanding that Anthem pay $13bn in damages and $1.85bn in break up fees after a judge ruled the two could not merge.Read more: Could it be Luxembourg for Lloyd’s post-Brexit?But, Anthem said in a statement today: “Under the terms of the merger agreement, Cigna does not have a right to terminate the agreement.”Therefore, Cigna’s purported termination of the merger agreement is invalid.”Last week, a federal judge ruled that the merger of two health insurance firms was illegal according to antitrust law. Helen Cahill Health insurer Anthem has hit back at Cigna after it said it was terminating a merger between the two companies and wants $15bn (£12bn) in fees and damages.Anthem has said that Cigna cannot end the deal between the two companies. Read This NextIf You’re Losing Hair in This Specific Spot, It Might Be a Thyroid IssueVegamourTop 5 Tips If You’re Losing Your EyebrowsVegamourWhat Causes Hair Loss? Every Trigger ExplainedVegamourSmoking and Hair Loss: Are They Connected?VegamourThis Is How Often You Should Cut Your HairVegamourWant Thicker Hair? Follow These 12 StepsVegamourHow Often Can You Dye Your Hair?VegamourTips & Tricks for Styling Thin HairVegamour16 Foods to Grow Your Healthiest Hair EverVegamour Read more: Can we have some more? Regulator hikes financial levy on insurers But, Anthem is pushing forward with an appeal, on the basis that 99 per cent of the votes cast by both shareholders of the companies approved of the merger.Cigna said in a statement: “This action is necessary to enforce and preserve Cigna’s rights and protect the interests of its shareholders.”The company believes strongly in the merits of its case and hopes that this matter is rapidly resolved.”Anthem maintains that the merger could save Americans $2bn in medical costs per year, and said it was “disappointed” with the decision of the US court. read more

whatsapp International Women’s Day: Why tech VCs must reflect the diversity of the firms they fund It is unsurprising then, given the lack of diversity in European VC, that 80 per cent of venture-funded technology startups in Europe have all-male founding teams, and that women are in the minority in 82 per cent of these companies. Our contention is that addressing the lack of diversity at source will drastically change these statistics.Unconscious and unintended biases have crept into investment decisions, and VCs have funded founders who look like them. It stands to reason that great entrepreneurs have lost out on investment as result. Not only is this patently unfair, but it also means that the country has missed out on the economic upside that great technology companies provide.This is why we need change. Especially as the technology industry is becoming ever more important to the UK’s post-Brexit economy. According to TechCityUK’s 2016 report, the digital sector accounts for 16 per cent of domestic output, 10 per cent of employment, and is growing 32 per cent quicker than the rest of the economy.Read more: Fintech firms aren’t too hot on diversity in the workplaceAt Diversity VC, we are working with the current crop to help them realise their own unconscious biases, and remove them from hiring and investment decisions; with students and universities to better signpost the avenues into the industry; with entrepreneurs from a range of backgrounds, to help them achieve funding; and by producing original research. We are proud to have hosted events with the University of Oxford and UCL, and to be taking a group of entrepreneurs and investors to speak to students at Cambridge this evening. We have worked with, and been endorsed by, a wide range of European VC funds including Balderton Capital, Downing Ventures and BGF Ventures; and we are working with the BVCA to produce the first report into the levels of gender diversity in UK venture capital – the results will be made public in May.But this is just the beginning. If we are to create more representative VC community, we need investors, entrepreneurs and universities to join the movement. We also need to lend our voices to other organisations that are tackling this challenge. If you want to get involved, please get in touch at when we’ve achieved a more diverse VC ecosystem, and seen this impact the companies that are funded, can we be truly proud of the UK’s technology industry. Francesca Warner Technology companies have an undeniable impact on the lives we lead. Every day, companies that didn’t exist five years ago influence the food we eat, the clothes we wear, the way we travel, and how we communicate with our colleagues and loved ones.Investors play a huge part in deciding whether these companies succeed or fail. By providing cash at critical stages, VCs enable startups to reach scale and profitability quickly. But we can’t allow all tech investors to be cookie-cutter replicas of each other, as the companies funded would be too. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMegazinosThese Haircuts Are Very Much OutdatedMegazinosholi-giftDoctors Share 10 Child Care Tips That Parents Are Thankful Forholi-giftHealthy FoodThe 14 Healthiest Vegetables on EarthHealthy FoodCaramello10 Best Dog for Seniors – CarammelloCaramelloSenior Living | Search AdsSenior Living Facilities In Scottsdale Are Now Affordable!Senior Living | Search Adsrecipes dreamsApply these 7 steps to follow a gluten-free dietrecipes dreamshttps://recipesdreams.comTOP 10 simple recipes to recycle overripe bananashttps://recipesdreams.comanymuscle.com7 Colon Pain Symptoms That Shouldn’t Be Ignoredanymuscle.comManuka FeedWays to Stop Leg Muscle CrampsManuka Feed whatsapp Share Wednesday 8 March 2017 4:12 am Of course, we all know that diversity matters. The idea of fair representation and equal opportunities should appeal to the fair-minded, human side of all of us. It is also beyond doubt that diverse teams outperform their more homogenous competitors.Read more: We’re not ‘women in power’ – we’re just the right people for the jobMcKinsey’s 2016 research found that gender-diverse companies were 15 per cent more likely to financially outperform the industry median than their male-heavy competitors; while ethnically diverse companies were a huge 35 per cent more likely to beat the averages. Therefore, it is professionally and personally unsettling to know that the UK’s technology investment industry is starkly unrepresentative of the society across which it invests.This is why I am delighted to be one of a group of four VCs from four different firms who have joined forces to launch Diversity VC, a non-profit partnership that aims to create a fairer, more representative venture capital industry.In the context of venture capital, the impact of diversity is palpable. The 2014 Diana Report revealed that VC firms with female partners are twice as likely to invest in companies with a woman on the management team (34 per cent of firms with a woman partner, versus 13 per cent of firms without one); and three times more likely to invest in companies with women chief executives (58 per cent of firms with women partners, versus 15 per cent of firms without). read more

This means that you could drive away from a showroom with a car worth over £15,000 and a contract to pay just £350 a month for two years.Recently there have been reports of salespeople offering deals to unemployed graduates or individuals with poor credit histories, whose ability to keep up with the payments is questionable. These deals are difficult to get out of, and there are concerns that consumers do not realise what they are signing up for, and could end up saddled with more debt than they can afford.But the real risk of this model is not borne by customers (who will simply have their cars repossessed if they fail to make the payments). Rather, the biggest worry is that an increase in interest rates or unemployment could spark a nationwide epidemic of borrowers defaulting on their loans, which in turn could prompt another financial crash.Meanwhile, the banks are failing to set aside a decent capital buffer. This is a dangerous concoction of factors – light a match and the whole thing could burst into flames.Nor is it only banks that could suffer, because new car purchases are largely funded by the financing houses of manufacturers, which are now heavily exposed to losses if car sales start to decline. The industry’s growing reliance on PCP has also made it more vulnerable to economic downturns, partly because the manufacturers would suffer if the value of leased vehicles becomes impaired at the end of their contracts.There is a distinct sense of deja vu here; the underwriting standards used by banks to determine lending terms have deteriorated over the past few years, prompting a surge in the supply of credit. And although it’s thought subprime lending makes up just three per cent of the market, there is a growing concern that the issue is worse than figures suggest.Meanwhile, experts think car finance is behaving more like the mortgage market as it shifts towards secured-type lending. All this looks eerily similar to the lead-up to the financial crisis.Last year, UK households borrowed £31.6bn to buy cars, and if lenders are hit with large losses then the knock-on effect on businesses across the industry will be severe.So let’s hope the regulator doesn’t dawdle with this probe, and is quick to address this rapid surge in motor finance. This needs to be addressed urgently because at the moment we’re on a collision course, heading straight towards the next financial crash. Katherine Denham whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTheDecorIdeasThese Lazy Dog Breeds Are Perfect For Old PeopleTheDecorIdeasUndohttps://anymuscle.com17 Signs You Might Have Diabeteshttps://anymuscle.comUndoUnsold SUVsArizona Residents: Unsold SUVs Going For PenniesUnsold SUVsUndoTrendscatchersDog Kept Barking At 3 A.M, So They Set Up A Night Cam And The Footage Left Them FrozenTrendscatchersUndoTopNews20 Everyday Things Kate Middleton Is Not Allowed To DoTopNewsUndoFEEDBUZZ9 Things That Happen to Your Body if You Workout and Don’t Drink Enough Water -FEEDBUZZUndoSplits Pose6 Best Stretches to perform Splits Pose At HomeSplits PoseUndoWork From Home | Search AdsWork From Home Jobs Might Earn You More Than You ThinkWork From Home | Search AdsUndoWorldtravellingThese Are the Most Expensive Cars from Film and TV Ever SoldWorldtravellingUndo Share Hoards of drivers with bad credit ratings, low wages, or no job at all, are being granted massive loans to purchase brand new cars, without needing to pay a deposit up front. And the whole market looks dangerously close to veering off a cliff.Of course, the UK’s economic recovery has hinged on borrowing being cheap, but low interest rates are also largely to blame for levels of consumer credit spiraling out of control. And car finance has been the real beneficiary of this debt binge, racing ahead of credit cards and personal loans.The City watchdog, the Financial Conduct Authority (FCA), is currently investigating the car financing sector, as concerns mount about the size of the debt bubble, which is casting a shadow over our economy. The FCA is worried about irresponsible lending, conflicts of interest, and a lack of transparency in the sector, and is now assessing how these products are sold.But we should question why this has taken so long to come to the regulator’s attention.The issue has been brewing for the past 10 years, and now two thirds of new car buyers rent their vehicles through loans known as personal contract purchase (PCP) plans. This involves buyers paying a monthly fee to acquire a car for several years, before handing back the vehicle to swap it for newer model, or paying the outstanding loan.   Lenders are forgetting the lessons of the past. Those are the words of Mark Carney on the rapid growth of the car finance industry.It’s a decade since the financial crisis brought institutions around the world to their knees, triggered by a meltdown in subprime mortgages. Yet here we are again – the only difference being that now it’s all about auto-finance. whatsapp Tuesday 11 July 2017 10:26 am The Little Big Short: Subprime car loans could be fuelling the next financial crash More From Our Partners Porsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks read more

Share This could include meetings set up by a broker between a fund manager and a corporate. But CAG’s study found that fund managers are mostly not willing to pay for this service.It also revealed confusion across the market as to how the rule will operate, with half of the respondents to CAG’s survey unsure whether an exemption might apply in some circumstances where the broker is simply co-ordinating meetings.“UK companies risk being shut out of the market by confusion around Mifid II,” said CAG’s Scott Fulton. “Our research shows that fund managers are not clear on whether they can use stockbrokers to arrange meetings without payment. This uncertainty may reduce the communication between investors and UK companies.”According to Edison Investment Research’s Neil Shah, the European Securities and Markets Authority (Esma) has attempted to give guidance on this point. A normal post-results “roadshow”, where a broker lines up meetings for a corporate in a concentrated period with interested fund managers, will not constitute an inducement. But anything involving more logistics and effort on the broker’s part must be paid for by the fund manager.“If an asset manager is taking roadshows out of the normal post-results period, you need to pay for those separately as if it’s a concierge service because that’s what is being provided,” Shah said. He added that in most cases the payment will be a tiny amount, such as $100 (£76).“The final thing the Esma guidance says to asset managers is that the easiest way not to fall foul of the inducement rule is to contact the management teams directly. That’s what a lot of people are doing,” Shah added. Tuesday 14 November 2017 10:05 am whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeNortheastern State University Online MbaAccredited Online MBA Programs For Working Professionals. Check Options !Northeastern State University Online MbaEnanow12 Make-up Mistakes You Should Stop DoingEnanowEveryday WellnessWhat Happens To Your Body When You Eat Two Bananas A DayEveryday WellnessBeach RaiderGoodbye H&M? Every Single Store Closing in 2021Beach RaiderHistory DailyChilling Vintage Photos Reveal An Unseen Side Of History History DailyInformed UseScottsdale: These Retirement Villages May Surprise YouInformed UseSpirits UnearthSpirits UnearthSpirits UnearthRich Houses20 Kissing Scenes That Were Never Supposed to HappenRich HousesPacific West Tree ServiceCheap Tree Trimming Services in ScottsdalePacific West Tree Service Lucy White UK fund managers not willing to pay brokers for corporate access post-Mifid II whatsapp UK fund managers are not willing to pay brokers to set up corporate meetings when new EU rules come into force next year, a survey from Capital Access Group (CAG) has found.From January, the second Markets in Financial Instruments Directive (Mifid II) – a piece of regulation designed to increase transparency across all asset classes – will prevent fund managers receiving any free extra service from a broker which could be seen as an inducement to trade. read more

whatsapp While City figures have concerns over how sufficient equivalence would be, government sources have insisted the model would be a vast improvement on existing frameworks, but one which safeguards both sides’ ability to unilaterally withdraw access.An HM Treasury spokesperson said: “Last week we held positive discussions with the European Commission on our proposal for a pragmatic new arrangement for financial services after we leave the EU.“We found common ground in recognising both the EU’s and UK’s desire to have control over their own decision making, and the need for bilateral dialogue and co-operation to reflect the deeply integrated nature of UK and EU financial markets.“More work needs to be done, and we look forward to further discussions.”The Commission did not respond to requests for a comment. Yesterday Hunt urged France and Germany to back the UK, telling the Evening Standard these member states “have to send a strong signal to the Commission that we need to negotiate a pragmatic and sensible outcome that protects jobs on both sides of the Channel because for every job lost in the UK, there will be jobs lost in Europe as well if Brexit goes wrong.”Read more: The IoD revives its Brussels branch to forge bonds ahead of Brexit Government ministers will spend much of August using one-to-one meetings with EU counterparts to press the case for a financial services deal, fearing the Commission has been deliberately misconstruing the UK’s official position.Senior figures including chancellor Philip Hammond and the new foreign secretary Jeremy Hunt have been among those clarifying the stance adopted in the Brexit white paper that was published last month. The UK side believes EU chief negotiator Michel Barnier wilfully misrepresented it following publication, City A.M. understands. Ahead of the Chequers summit ministers were encouraged to meet their counterparts throughout the summer, but were reportedly warned by Theresa May’s Europe adviser Olly Robbins that it would not be a “silver bullet”.Read more: Banks would like lower taxes to sweeten the Brexit dealHowever they upped the ante after the white paper was published. City A.M. understands that Barnier told EU ministers that the UK’s proposed model cannot be adopted, a move which Downing Street interprets as a refusal to budge from his insistence that any deal be based on an existing model. Barnier’s intransigence has led directly to the renewed push by UK ministers to appeal directly to EU ministers – over the head of the EU chief negotiator.The government had used the document to drop calls for mutual recognition of financial services regulations, seen as too challenging for negotiators. Instead it called for an “expanded equivalence” model after leaving the EU, describing it as a “reciprocal recognition of equivalence”.This was envisaged as a “new economic and regulatory arrangement based on the principle of autonomy for each party over decisions regarding access to its market”. Share Ministers up the ante over fears Brussels is misrepresenting UK stance Catherine Neilan Wednesday 1 August 2018 11:22 am whatsapp read more

Share Trade secretary Liam Fox recently launched Britain’s new export strategy, setting out the government’s offer to businesses in helping them to increase trade with countries across the world. This includes a national ambition to raise the UK’s exports as a proportion of GDP from 30 to 35 per cent, putting our country towards the top of the G7.Recent data from the Office for National Statistics showed that exports from UK financial services and insurance firms increased to a record high of £78bn last year, up from £75bn in 2016. We need this upward trend to continue.This new strategy sets out a range of measures to help support UK companies, giving them the practical, promotional and financial support, they need to export.In the run-up to Brexit, it is essential that we are prepared to reach our global trading potential in the face of changes to the geopolitical and technological landscape.Europe will always be an important partner for London, particularly for our financial and professional services firms. However, we cannot afford to ignore opportunities in markets further away from home. Monday 3 September 2018 9:47 am It is not the most difficult sell.Read more: Africa needs fintech – but fintech needs Africa moreLondon has many strengths that should enable a growing, ambitious business to prosper. This unique creative energy is underpinned by a series of fundamentals, which include our rule of law, highly skilled talent, access to a cluster of specialised services, and an interconnected business community.Yet, in these fast-changing times, it is vital that London’s success on the world stage and our position as the leading global financial centre is not taken for granted.We need to ensure that London retains its competitive advantage and that businesses across the capital are in a position to take advantage of opportunities in growing international markets. Last week I was delighted to join the Prime Minister’s business delegation as we visited three growing and outward facing African nations.As the lord mayor of London, I will spend over 100 days of this year visiting between 25 and 30 countries, selling this great city all over the globe – from Tokyo to Toronto, Lisbon to Lagos. whatsapp Charles Bowman Europe will always be a major partner, but London’s future lies with the whole world In the next 10 to 15 years, around 90 per cent of global economic growth is expected to be outside the EU. China is forecast to have 220 cities with a population of more than one million by 2030, when the whole of Europe has just 35. It is predicted that there will be 1.1bn middle-class Africans by 2060.The opportunities in Africa alone are huge for London’s financial and professional services industry – that is why I visited Nigeria earlier this year with a business delegation, and why I was delighted to join the Prime Minister on her trip last week.As the UK leaves the EU and charts a new course, I believe that the new export strategy is a significant step towards ensuring that businesses across the UK have the advice and finance necessary to tap into new markets.London has always been at the centre of world commerce. Stronger trade links with our partners across the globe will help to create growth, jobs, and investment both at home and overseas.Read more: World’s biggest trade deal agreement set for November whatsapp More From Our Partners A 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.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comAstounding Fossil Discovery in California After Man Looks read more

first_img Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastJohn Wick Stuntman Reveals The Truth About Keanu ReevesTotal PastUndoZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldUndoFinance Wealth PostTom Selleck’s Daughter Is Probably The Prettiest Woman To Ever ExistFinance Wealth PostUndoCrowdy FanKaley Cuoco Net Worth Left Her Billionaire Husband SpeechlessCrowdy FanUndoVitaminewsFaith Hill’s Daughter Is Probably The Prettiest Woman In The WorldVitaminewsUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.comUndo Callum Keown Italian bond yields jump as EU predicts slower growth and higher deficits Finance minister Giovanni Tria added his own criticism of the commission describing it as a “technical slip”.Tria confirmed Italy was committed to respecting 2.4 per cent as a top limit for the deficit next year.The International Monetary Fund produced its own economic outlook today and painted an even more pessimistic picture for Italy.It said GDP growth would fall to one per cent next year and 0.9 per cent in 2020.The commission rejected Italy’s expansive draft budget plan last month and has given the Government until Tuesday to put forward a revised plan. Italian bond yields have jumped after the European Commission predicted a more pessimistic outlook for the country’s economic than the Italian Government’s forecast.The commission predicted Italy’s budget would push its deficit to 2.9 per cent of GDP in 2019, rather than the 2.4 per cent estimated by Rome, and that it would rise to 3.1 per cent in 2020 against Italy’s 2.1 per cent estimation – above the bloc’s limit. More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.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.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.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Despite Eurozone finance ministers urging the Italians to change the budget plan, Rome has made it clear it has no intention to do so.The commission could initiate an “excessive deficit procedure” which could potentially lead to fines.center_img Thursday 8 November 2018 3:18 pm Share whatsapp Its forecast of 1.2 per cent GDP growth in 2019 was also lower than Italy’s 1.5 per cent.Italian bond prices rose after the commission’s economic forecast as its 10-year bond yield lifted to six basis points to 3.4 per cent.But Prime Minister Giuseppe Conte defended Italy’s economic forecasts and condemned the “implausible” predictions of the commission.He said: “There are no grounds for questioning the soundness and the sustainability of our reforms.“For this reason we consider any other type of scenario for Italy’s public accounts to be absolutely implausible.” Tags: Trading Archive whatsapplast_img read more

first_img The EU’s competition watchdog has given the green light to Coca-cola’s £4bn acquisition of Costa Coffee.The merger, which was announced in August, is expected to complete in the first half of this year. Jessica Clark Read This NextIf You’re Losing Hair in This Specific Spot, It Might Be a Thyroid IssueVegamourTop 5 Tips If You’re Losing Your EyebrowsVegamour20 Stars Who’ve Posted Nude Selfies, From Lizzo to John Legend (Photos)The WrapWhat Causes Hair Loss? Every Trigger ExplainedVegamour’Drake & Josh’ Star Drake Bell Pleads Guilty to Attempted ChildThe Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapSmoking and Hair Loss: Are They Connected?VegamourJim Cramer Calls for Billionaire Tax: ‘This Society Has to Start AddressingThe WrapThis Is How Often You Should Cut Your HairVegamour whatsapp whatsapp EU competition watchdog approves Coca-Cola’s merger with Costa Coffee Share In a statement today the commission said: “The Commission concluded that the proposed acquisition would raise no competition concerns because the companies do not sell the same products and the links between their activities are limited.”The acquisition is widely seen as an attempt by the fizzy drink giant to challenge the dominance of Starbucks and to ramp up competition in the ready-to-drink coffee market.Coca-Cola president and chief executive James Quincey said he wants to turn Costa into a worldwide brand through its established distribution, marketing and vending platform.“Hot beverages is one of the few remaining segments of the total beverage landscape where Coca-Cola does not have a global brand,” he said. “Costa gives us access to this market through a strong coffee platform. I’d like to welcome the team to Coca-Cola and look forward to working with them.”Whitbread, which also owns the Premier Inn hotel chain, bought the high street coffee shop brand for £19m in 1995. The sale was almost unanimously voted through by Whitbread shareholders in October, with analysts saying the deal was an “excellent outcome” for investors.  Thursday 3 January 2019 12:20 pm Tags: Trading Archivelast_img read more