Rio Tinto clears the way for $347m Iceland update

first_imgThursday 23 September 2010 7:51 pm RIO Tinto Alcan has finalised a deal with an Icelandic power firm to begin a $347m (£221m)?update of its aluminium smelter in the country. The London-listed miner has signed a contract with Landsvirkjun to allow it to use more power at the smelting site for the next 26 years, boosting capacity by 20 per cent to around 230,000 tonnes. “The $347m investment was facilitated by working together with local stakeholders to ensure the long-term sustainability of the smelter. This investment is great news for Rio Tinto Alcan and for Iceland,” said Jean-Philippe Puig, Rio’s president of metals in EMEA. KCS-content whatsapp whatsapp Share More From Our Partners I blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.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.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comcenter_img Rio Tinto clears the way for $347m Iceland update Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailWork from Home | Search AdWork From Home for a USA company Might Be More Fun Than You ThinkWork from Home | Search AdOceandrawRemember Him? Wait ‘Till You See Him NowOceandrawBig Data Courses | Search AdBig Data Online Courses Might Be Cheaper Than You ThinkBig Data Courses | Search AdDo It Houses[Pic] The Most Remarkable Dress Outfits EverDo It HousesHeywiseMost Adults Still Fail This 3rd Grade Test. Will You?Heywise Show Comments ▼last_img read more

Sberbank set for record year

first_imgMonday 6 December 2010 7:23 pm Show Comments ▼ Tags: NULL SBERBANK, Russia’s biggest lender, yesterday beat forecasts for third-quarter net profit, helped by a bigger loan portfolio and lower provisions, putting it on course for a record year.“We expect fourth-quarter results to be no worse than in the third quarter,” chief financial officer Anton Karamzin said on a conference call yesterday, adding full-year net profit was likely to be at least 150bn roubles (£3.06bn).State-controlled VTB last week posted 13.7bn roubles net profit for the third quarter, and said it was hoping to earn 50-60bn roubles for the full-year.“Sberbank’s results… beat market expectations thanks to significant growth in the loan portfolio,” Bank of Moscow analysts said in a research note after the bank released a ten-fold increase in profits.Sberbank chief executive German Gref said last week Sberbank could decide on whether to expand into investment banking early in 2011. Sources say that Sberbank has held informal talks with investment banks Troika Dialog and Renaissance Capital about buying a stake.The bank is eyeing some of the business enjoyed by its main rival VTB, which dominates the Moscow deal-making scene – working on almost all major IPOs and Russia’s $3bn Eurobond issue.Karamzin denied the bank had identified specific targets for a possible acquisition but VTB analyst Mikhail Shlemov said that funds for a deal could be found from a cut in bad loan provisions, likely to fall significantly in 2011.Sberbank’s loan portfolio grew by 7.7 per cent for the first nine months of 2010, the bank said. Corporate loans rose by 7.9 per cent while retail credits were up by seven per cent. whatsapp whatsapp Share KCS-content More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.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 Sberbank set for record year last_img read more

Hoenig says the Fed’s policy on rates is wrong

first_img whatsapp Tags: NULL Share whatsapp Hoenig says the Fed’s policy on rates is wrong KCS-content Wednesday 5 January 2011 7:44 pmcenter_img THE Federal Reserve’s most vocal internal critic yesterday pushed back against the US central bank’s effort to control a sometimes-dissonant message, saying it is the duty of those who disagree to vote their conviction.Thomas Hoenig, president of the Kansas City Fed and a known inflation hawk, said the US economy is recovering remarkably well given the depth of the downturn, and repeated his view that the Fed’s loose monetary policy risks provoking bubbles or inflation in the future.The bank’s lone dissenter, who has repeatedly and openly opposed the Fed’s policy of ultra-low interest rates, not only stuck to his views but also took a jab at those at the Fed who are concerned about the divergence of view on policy. “The idea that a dissenting vote is confusing, counterproductive and generally undesirable is unhealthy,” Hoenig told The Central Exchange, a women’s business advocacy group. “If I had failed to express my views with my vote, I would have failed in my duty.”Minutes from the Fed’s December policy meeting, published on Tuesday, contained a nod to the internal effort, led by vice chair Janet Yellen, to review the central bank’s communications guidelines for policymakers. Hoenig, who retires in October and will no longer have a vote this year on the Federal Open Market Committee, expects the US economy to grow 3.5 to four per cent annually over the next two years. 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 AthletesBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definition Show Comments ▼ Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Prooflast_img read more

PwC: Budget was good for businesses

first_img Tags: NULL PwC: Budget was good for businesses whatsapp CHANCELLOR George Osborne received a boost today, when a poll revealed that three quarters (74 per cent) of businesses believe that the Budget made the UK a more attractive place to do business.Osborne pledged several increments of cuts in corporation tax as well as reforms to Controlled Foreign Company rules, in last month’s Budget.Among multinational companies, 83 per cent believe last month’s Budget was “good for business,” PricewaterhouseCoopers (PwC) revealed today.Last year, just over half (56 per cent) thought the previous Budget has been good for business.“The 2011 Budget contained a wide range of measures aimed at making the UK tax system more competitive globally,” said PwC’s Justin O’Hagan. “Businesses will welcome these measures,” O’Hagan said, citing tax simplification measures and the new patent box tax relief.However, over half (56 per cent) doubt whether the full corporation tax reform will be in place by the summer of 2012.And there remains widespread scepticism over whether the chancellor can successfully reduce the UK’s annual government deficit.Only 28 per cent of respondents think the austerity plans are realistic and achievable, compared with 60 per cent in the last year’s poll. Sunday 3 April 2011 11:04 pm KCS-content Share Show Comments ▼ whatsapp Read This NextWATCH: Shohei Ohtani continues home run tear, Los Angeles Angels winSportsnautYoga 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 ProofBaked Sesame Salmon: Recipes Worth CookingFamily Proof’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Prooflast_img read more

Evolution at centre of employee legal row

first_img Seven Turkish employees at Evolution Gaming are taking the firm to court over claims they were told to accept lower-paid jobs in Georgia or leave the company. The legal challenge refers to the firm’s Evolution Malta Limited Business, which serves customers from various countries. The employees at the centre of the row had been working with Turkish-speaking clients, but according to Malta Today, were told that this would no longer be the case and they would instead be transferred to the firm’s Georgia facility. However, the staff in question said that such a move would mean they would be paid at the same rate as employees in Georgia, which is “much less” than staff at the Evolution Malta site. The judicial protest also claims that if staff were not willing to accept this deal, then they were free to leave the company and seek alternative employment. Staff described the move as “entirely abusive and illegal” and said the company would be held responsible for damage to their livelihoods. iGamingBusiness.com reached out to Evolution Gaming about the issue, but the company said it was unable to comment “as it is an ongoing legal matter.” Evolution Gaming has enjoyed significant expansion recently having earlier this month become the first company to open a purpose-built live casino promotion studio in the US as part of ongoing growth plans in North America. The firm has also announced a new partnership with the Hard Rock Hotel and Casino in Atlantic City, New Jersey, on the back of reporting financial growth in the first half. In the six months to June 30, Evolution saw operating revenues rise by 35% to €110m (£98.7m/$128m), with EBITDA up by a similar amount to €48m.Image: George Hodan  Seven Turkish staff say they were told to accept lower pay in Georgia Topics: Casino & games Legal & compliance People Email Address Casino & games AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Regions: Europe Central and Eastern Europe Southern Europe Turkey Malta 31st August 2018 | By contenteditor Evolution at centre of employee legal row Tags: Online Gamblinglast_img read more

Making a million from the stock market crash: 3 steps I’d take now to buy the best UK shares

first_img Our 6 ‘Best Buys Now’ Shares See all posts by Peter Stephens Image source: Getty Images. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Making a million from the stock market crash: 3 steps I’d take now to buy the best UK shares Peter Stephens | Wednesday, 17th June, 2020 Enter Your Email Address I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Simply click below to discover how you can take advantage of this. “This Stock Could Be Like Buying Amazon in 1997” I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. The stock market crash may have caused some investors to question whether UK shares can provide the means of making a million over the long run. After all, many stock prices continue to trade significantly below their pre-coronavirus levels.However, the stock market has a strong track record of delivering recoveries after its downturns. Therefore, buying financially-sound businesses with wide economic moats at discounted prices could improve your chances of obtaining a seven-figure portfolio over the coming years.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Financial strength in a market crashCompanies with solid finances may be better able to survive a market crash. For example, they may have modest debt levels that do not put their financial situation under pressure should they experience a period of weaker sales and profitability.Furthermore, companies with solid finances may be able to capitalise on the uncertain outlook for the world economy. Lockdown measures may have eased, along with concerns about coronavirus, but risks such as a second wave may persist over the coming months. This may lead to continued challenging trading conditions across many sectors that cause financial difficulties for some businesses.Those companies with sound balance sheets and strong cash flow may be able to gain market share at the expense of their weaker peers. This may improve their long-term growth prospects and increase your chances of making a million.A wide economic moatCompanies with wide economic moats may be better able to overcome a market crash to post rising profitability over the long run. An economic moat requires a subjective assessment, but is essentially a competitive advantage that one company has over its sector peers.For example, a business may have lower costs than its rivals that allow it to generate higher profitability. Or it could enjoy a high degree of customer loyalty that provides it with greater pricing power than its peers.A wider economic moat can also allow a company to command a higher valuation than many of its industry peers. Investor sentiment may be more positive when a business has a wide economic moat as it is seen as a relatively lower-risk opportunity compared to its sector peers.Low stock market valuationsAlthough indices such as the FTSE 100 and FTSE 250 have rebounded sharply from the recent market crash, many of their members continue to trade on low valuations compared to their historic levels. This suggests that they offer wide margins of safety, which could lead to high returns in the long run.Through buying stocks while they are cheap, it may be possible to benefit to a larger extent from the stock market’s likely long-term recovery. Over time, this can provide your portfolio with a significant boost that increases your chances of making a million over the coming years.last_img read more

Strokosch & Ansbro clash heads

first_imgIt was the first time the Scots had beaten the Wallabies in 30 years but, ouch, it must have hurt. NEWCASTLE, AUSTRALIA – JUNE 05: (L) Joe Ansbro of Scotland is assisted from the field after clashing heads with a team mate during the International Test match between the Australian Wallabies and Scotland at Hunter Stadium on June 5, 2012 in Newcastle, Australia. Head wound: Scotland’s Joe Ansbro is escorted off the pitch after a painful clash of headsWatch this painful clash of heads between Joe Ansbro and Alasdair Strokosch after Scotland beat Australia 9-6 in Newcastle, New South Wales.center_img LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALSlast_img read more

Jonny Wilkinson’s coaching surprise

first_imgTo see Wilkinson paying tribute to Neve-Dunn as part of Gillette’s Great Start Campaign, visit www.facebook.com/GilletteUK NOT FOR FEATURED Kicking king: Wilkinson gave Southwark Tigers a few tipsCAN YOU imagine Jonny Wilkinson turning up at your Saturday morning training session? The Toulon and former England fly-half took time out of his busy schedule to surprise Southwark Tigers coach Vernon Neve-Dunn and congratulate him on the work he has done in bringing rugby to children in inner-city London. Wilkinson may have been key to England’s 2003 World Cup win, but it seems the younger generation don’t all recognise his face – as this video shows…center_img LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALSlast_img read more

Staying thankful year-round

first_img Please enter your name here November 27, 2017 at 11:32 pm Florida gas prices jump 12 cents; most expensive since 2014 Don Lindsey is a follower of Christ, son, husband, father, and a survivor.  Originally from Dayton Ohio, and resident of Apopka for six years, Don sees his life as a dedication to his wife, parents, children, and community. 2 COMMENTS You have entered an incorrect email address! Please enter your email address here Gov. DeSantis says new moment-of-silence law in public schools protects religious freedom I sat on my porch right before dark last night and watched these flocks of big birds, and I don’t know what kind they were, but they flew from the high school area heading east and where just gliding and occasionally flapping, and all of them were staying together and heading somewhere…. I thought that was awe inspiring. Then this morning I had the most beautiful red headed woodpecker with black and white flecked feathered body knocking on the palm tree, and you could hear it all over our street. Please enter your comment! Mama Mia Reply November 27, 2017 at 11:24 pm Mama Mia Donnie, I know you aren’t probably inspired in the least with the news of Prince Harry is going to wed in the spring, to his American girlfriend, but I am definitely inspired, and can’t wait for another royal English wedding!!!…LOL See, how little it takes to make me happy and inspired? There is probably not one male around anywhere, around this town, inspired by that news….lol Reply The VOICE of InspirationBy: Don LindseyWith Thanksgiving behind us, and Christmas right around the corner, I like most dread shopping.  Even though Black Friday is over, we all know that any superstore we walk into for the next month or so is going to be packed with determined people looking to shop for Christmas gifts.  Today I ran into the same scenario while taking my father shopping.  What I noticed is that the hustle and bustle of holiday shopping makes people grumpy.  As I made this discovery, I was reminded of something that I saw on Facebook yesterday.“Black Friday, the day when people will trample each other over things they want to buy, after spending the previous day being thankful for everything that they have.”To me, that is a pretty profound statement and made me question my mindset when it comes to holiday shopping.  If you know me, then you know I hate shopping, so holiday shopping is something I dread in a way that I can’t find the words to describe it.  As I walked through the store today asking myself why I felt that way, I found that the answer was simple; it makes me grumpy to fight through a crowd just to get what I need to pick up.  In other words, I feel the same way about shopping during this time of year that all of the other grumpy people I saw today.That thought didn’t sit well with me.  I have no reason to be grumpy.  I’m in excellent health, I have a wonderful wife and family, so holiday shopping crowds should not make me upset to the point that it affects my overall mood.  I seem to get so caught up in the frustrating moments I feel that I don’t notice all the things that God has given me.  If you’ve read my columns before then, you know that this is not a new thought and is something that I struggle with a lot.  What I’m learning is that instead of being grateful for what I have, I’m too busy worrying about things that I don’t have.Every time that I ponder this inner struggle, I find that I try to lead my life entirely too much rather than letting God guide me.  When God is leading, the pressure that I put on myself disappears.  I decided to give that thought process a try today halfway through our shopping trip, and it worked.  I found that I was more patient towards the same people I was frustrated with just moments earlier.  Not only that but I found myself enjoying the process of considering gift ideas for my kids and family.  I even ran into a friend of mine that I haven’t seen in a long time and enjoyed the conversation I had with him.  Unfortunately, when it came time to check out, I fell right back into stressing over everything.I carried that frustration and stress home with me after the shopping trip.  As I sat down to write this column, I was still freaking out.  I hadn’t had the time to research area organizations for this week’s article and had no idea what to write about.  After panicking for a few minutes, I decided to let God lead as I did in the store and, it’s working.  The conclusion I’ve arrived at is that somehow, I need to focus more on my blessings and less on my daily stresses.  If I can find a way to stay thankful all year long, then the burdens that I place on myself will vanish.  God has taught me that, so I think it’s past time for me to listen and let him navigate the struggles while I enjoy the positives.  God bless, and I hope everyone had a wonderful Thanksgiving. TAGSDon LindseyInspiration Previous articleApopka Police Department Arrest ReportNext articleConsider the potential of the acorn Denise Connell RELATED ARTICLESMORE FROM AUTHOR Share on Facebook Tweet on Twitter UF/IFAS in Apopka will temporarily house District staff; saves almost $400,000 Save my name, email, and website in this browser for the next time I comment. LEAVE A REPLY Cancel replylast_img read more

When does a Primary Election become a Final Election?

first_img Please enter your comment! You have entered an incorrect email address! Please enter your email address here Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 TAGSElectionsOrange County Supervisor of Elections Previous articleApopka City Council Meeting PreviewNext articleTropical Storm Earl nearing hurricane strength Dale Fenwick RELATED ARTICLESMORE FROM AUTHOR The Anatomy of Fear Please enter your name here Question: When does a “Primary Election” become a “Final Election?”Answer:  More often than you think.A primary election is an election that narrows the field of candidates before a General Election. Primary elections are used by political parties to nominate their candidates for an upcoming General Election.Many people think that a Primary Election is only for Republicans, Democrats, or Libertarians.But in Orange County there are 7 races this month that could be Final Elections.According to Bill Cowles, the Orange County Supervisor of Elections, there are several races that could be decided based upon how people vote this month.Which races could be over on August 30?School Board District 7Judges (5 races)ComptrollerAll registered voters get to vote for these offices, regardless of party affiliation.The General Election in November should be called a run-off election.“The run-off election (on November 8th), is only when there are 3 or more candidates in the contest and nobody gets 50% + 1 vote,” says Cowles. “In a two-person contest top vote-getter wins. Since School Board contest are non-partisan, like the judges, the same applies to School Board contests, like School Board District 7. Finally, because the Comptroller contest is just two candidates, from the same party, it becomes an Universal Primary and is on all ballots. Because there are only two candidates the top vote-getter wins.”center_img LEAVE A REPLY Cancel reply 147 Voters participated in the Straw Poll. Support conservation and fish with NEW Florida specialty license plate Share on Facebook Tweet on Twitter Save my name, email, and website in this browser for the next time I comment.last_img read more