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Markets slump on fears for Middle East

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first_img Markets slump on fears for Middle East alison.lock Wednesday 23 February 2011 4:10 pm Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndo whatsapp Show Comments ▼ whatsapp Share The FTSE has slumped as the political turmoil in Libya and threat of contagion across the Middle East region sent commodities and stocks sliding.The FTSE 100 closed down 1.22 per cent to 5,923.53 in a difficult day’s trading.“It’s been a trying few days for world markets, and if the situation in Libya continues to show no tangible sign of a peaceful resolution, the week could plumb greater depths yet,” said Yusuf Heusen, senior sales trader at IG Index. But Brent crude for April delivery surged to more than $109 per barrel shortly after 2pm, pulled higher by strong demand as the violence and rhetoric in Libya increased.“The uncertainty has also spread to the German DAX which is down more than one per cent after being fairly flat yesterday, as the auto sector got pummelled on the spiralling oil price. Auto parts manufacturer GKN is down as a result,” said Michael Hewson, market analyst at CMC Markets. Oil services firm Amec closed highest, though it was up just 0.89 per cent at 1,138p as traders said traders read across from a bullish outlook statement by its Australian peer Worley Parsons. Other risers were defensive stocks such as Imperial Tobacco Group, which finished up 0.5 per cent at 2,001p, Scottish & Southern Energy (up 0.17 per cent at 1,212p) and Severn Trent (up 0.14 per cent at 1,460p).Drinks can maker Rexam fell most, down 5.8 per cent to 348.4p after posting full-year results.“Company news has taken a back seat to a certain extent with one of the biggest fallers being can company Rexam, despite posting better than expected profits for 2010,” Hewson said.Miners were also hit hard as commodities weakened on the Middle East concerns, and investors opted to sell riskier stocks. Antofagasta, Xstrata, Lonmim and ENRC were all among the ten worst performers. As oil prices rose, fuel-hungry cruise operator Carnival again felt the pinch, closing down 4.17 per cent at 2,645p.On the FTSE 250, Cable & Wireless Communications stormed up 6.15 per cent to close at 49.33p after it said it was selling its Bermuda business to The Bragg Group for $70m – and buying back $100m worth of shares.And software group Logica closed down 5.37 per cent to 137.5p after results showed sales and profits were flat last year, despite a pickup in fourth-quarter revenues.US markets also opened down as concerns over Libya outweighed positive domestic sentiment and home sales data to hit technology shares.Hewlett Packard closed down 10.22 per cent to $43.30 after cutting its 2011 revenue forecasts when it posted its first-quarter earnings last night, prompting at least six brokerages to cut their price targets on the stock.The Dow Jones industrial average was down 111.03 points, or 0.91 per cent, at 12,101.76. The Standard & Poor’s 500 Index was down 7.98 points, or 0.61 per cent, at 1,307.46, while the Nasdaq Composite Index was down 30.28 points, or 1.10 per cent, at 2,726.14. Tags: NULLlast_img read more

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Zambian Breweries Plc 2015 Abridged Report

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first_imgZambian Breweries Plc (ZAMBRW.zm) listed on the Lusaka Securities Exchange under the Beverages sector has released it’s 2015 abridged results.For more information about Zambian Breweries Plc (ZAMBRW.zm) reports, abridged reports, interim earnings results and earnings presentations, visit the Zambian Breweries Plc (ZAMBRW.zm) company page on AfricanFinancials.Document: Zambian Breweries Plc (ZAMBRW.zm)  2015 abridged results.Company ProfileZambian Breweries Plc (Zambrew) is a brewing and beverages company; producing and marketing a wide range of clear beers and soft drinks. The company has a virtual monopoly on clear brew products in Zambia, with popular South African brands in its product range such as Castle Lager, Redd’s, Castle Lite, Carling Black Label and Ohlsson’s Lager. The company also produces strong, local brands to cater for local tastes which are marketed under the Mosi Lager and Eagle Lager brand name. The Soft Drinks division produces well-known international brands, including Coca-Cola, Sprite, Fanta and Schweppes. The company has two breweries and three bottling plants in Zambia. SABMiller has a majority stake in Zambrew (87%). SABMiller is one of the world’s largest brewers, with more 200 beer brands in its international product portfolio. Zambian Breweries Plc is listed on the Lusaka Stock Exchangelast_img read more

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Are these the best US shares to buy now?

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first_img 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. Alan Oscroft | Saturday, 29th May, 2021 The US is home to most of the world’s biggest and richest public companies. I’ve been checking today’s most popular stocks, trying to find the best US shares to buy now. Would any of these make my list?Just about everyone seems to be tipping Apple at the moment. Well, not just now. It’s been like that for years. I remember the first time I decided that Apple shares were overvalued and didn’t buy. It was about 25 years ago, and we know what’s happened since.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…Yes, Apple was definitely one of the best US shares to buy back then. But is it now? On a trailing P/E of 29, it really doesn’t look overvalued to me. But tech shares like Apple seem to perpetually hinge on the next quarter’s results, and they could go in either direction in 2021.Perhaps unsurprisingly, Tesla is popular with buyers of US stocks at the moment. It’s been in the news again of late, due to Elon Musk apparently switching views on Bitcoin. But would I buy Tesla shares today? The future of road travel looks certain to be electric, and Tesla’s technology is leading the way.But the valuation of the shares makes my eyes water. Tesla’s are on a trailing P/E of 600. I just couldn’t count anything valued at 600 times its earnings among the best US shares. And yes, I know, I might be making another Apple for myself.Electric vehicles tooWhile electric vehicles are big news, NIO shares have been soaring. But it’s been a bit of a strange ride. By mid-January, investors in the producer were sitting on a gain of around 1,200% over 12 months. But, since then, Nio has dropped 42%. My Motley Fool colleague Zaven Boyrazian has probed the reasons behind the price dip. As he points out, it’s hard to justify the current NIO share price based on any fundamentals.With a price-to-sales ratio of 22, and a market-cap that’s now soared to $58bn, is it one of today’s best US shares? I think it’s a company with great sales prospects. But on that valuation, it’s not for me at present.Still one of the best US shares?It might not exactly be a new idea, but Amazon is still one of America’s favourite stocks. Covid-19 gave the share price a big boost, pushing it up around 70% since the pandemic started. And now we’re heading out of lockdowns, there’s been no sign of any fall back. Will I buy Amazon shares? Maybe I just don’t get US stock valuations, but no, not on a P/E of 60, I won’t.How about Beyond Meat? With greenhouse gases and bovine flatulence big news, this is another stock investors have been shovelling up. How’s its valuation? There are no profits, so no P/E, and it’s a bit tricky to work out. But I do like Beyond Meat, and I do think it might be among the best US shares out there right now. It’s got to be risky, mind. “This Stock Could Be Like Buying Amazon in 1997” 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! Enter Your Email Address John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Alan Oscroft has no position in any of the shares mentioned. The Motley Fool UK owns shares of and has recommended Amazon, Apple, Beyond Meat, Inc., NIO Inc., and Tesla and recommends the following options: long January 2022 $1920 calls on Amazon, short March 2023 $130 calls on Apple, short January 2022 $1940 calls on Amazon, and long March 2023 $120 calls on Apple. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img 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. Are these the best US shares to buy now? Our 6 ‘Best Buys Now’ Shares See all posts by Alan Oscroft 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.last_img read more

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Mac Lochlainn canvassing hoteliers in the wake of latest pressures on the sector

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first_imgHomepage BannerNews Twitter Pinterest Pinterest By News Highland – January 13, 2015 WhatsApp Donegal Deput Padraig MacLochlainn has written to hotel owners and managers across Donegal North East seeking their views on developing tourism in the region.They are also being asked what could be reasonably done to reduce costs and overheads in their businessesDeputy MacLochlainn says he took the inititiative following news that two more hotels in the county are facing closure or receivership – He added that it is important to get the views of those within the sector:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2015/01/podhotels1.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Previous articleCare urged in Donegal as snow falls across the county.Next articleReport suggests ambulance response targets can’t be met News Highland GAA decision not sitting well with Donegal – Mick McGrath Facebook Nine Til Noon Show – Listen back to Wednesday’s Programme Google+center_img Calls for maternity restrictions to be lifted at LUH Three factors driving Donegal housing market – Robinson WhatsApp Twitter Google+ Facebook RELATED ARTICLESMORE FROM AUTHOR Guidelines for reopening of hospitality sector published Mac Lochlainn canvassing hoteliers in the wake of latest pressures on the sector LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamiltonlast_img read more

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Investigation continuing into Falcarragh house fire

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first_img By News Highland – October 8, 2019 Previous article33 people awaiting in-patient beds at LUHNext articleGardai hunt those behind overnight car theft in Bridgend News Highland Pinterest WhatsApp Gardaí in Milford are seeking information in relation to a fire at a house in Upper Dunmore, Falcarragh.The blaze happened overnight on the 3rd of October (Thursday) into the 4th of October (Friday).The house was vacant at the time of the fire and it was totally destroyed.An investigation has been launched into the cause of the fire and it has not been ruled out that it may have been started maliciously.Anyone who can offer any information on this incident are being asked to contact Milford Garda Station on 074-9153060 or call the Garda Confidential line on 1800 666 111. Google+ Nine til Noon Show – Listen back to Monday’s Programme Twitter Facebook Homepage BannerNews WhatsApp Facebookcenter_img Google+ Investigation continuing into Falcarragh house fire Pinterest News, Sport and Obituaries on Monday May 24th DL Debate – 24/05/21 Important message for people attending LUH’s INR clinic Twitter Arranmore progress and potential flagged as population grows Loganair’s new Derry – Liverpool air service takes off from CODA RELATED ARTICLESMORE FROM AUTHORlast_img read more

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Police chief responds to report on Elijah McClain’s death: ‘I’m extremely sorry’

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first_imgMichael Ciaglo/Getty ImagesBy BILL HUTCHINSON, ABC News(AURORA, Co.) — Responding to a scathing report that alleged numerous mistakes by police officers in the death of Elijah McClain, the Aurora, Colorado, police chief said Tuesday she will welcome an independent monitor of her department and apologized to McClain’s mother, family and friends.“The bottom line is Elijah McClain should still be here today,” Aurora Police Chief Vanessa Wilson said during a news conference. “Nothing I can say here today or changes that I’ve made or changes I will continue to make will bring him back and for that, I’m extremely sorry.”An independent review of the death of McClain, the 23-year-old Black man who died in 2019 after being placed in a carotid hold by police and injected with ketamine, was made public on Monday and alleges the officers had no reasonable suspicion to stop and frisk him in the first place.The report, ordered in July by the Aurora City Council, also concluded that the investigation of McClain’s death by the Aurora Police Department’s major crimes unit was badly flawed and alleged the detectives “stretched the record to exonerate the officers rather than present a neutral version of the facts.”“Aurora Fire and Rescue appreciates the thorough review of the incident that’s detailed in the report,” Fire Chief Fernando Gray said at the news conference. “Elijah’s loved ones and our local community deserve to see the answers contained in the report and they deserve our actions moving forward.”Gray noted that following McClain’s death, the fire department placed a moratorium on the use of ketamine to sedate people. He said changes have also been made to protocols on the use of medication on people who are in restraints, like McClain was, so that miscalculations of weight will be avoided.Aurora City Manager Jim Twombly said that in the aftermath of McClain’s death, the city has worked with Wilson and Gray to take “numerous steps to improve and gain trust in our public safety departments.” He said the police department has banned carotid holds like the one officers used on McClain and is overhauling its use-of-force policy.“I have requested, and the (city) council has provided, funding for a police auditor position that has already completed a body-worn camera audit and is working on a use of canine audit,” Twombly said.He said the city has also contracted with a firm that is conducting an overall review of the police department’s policies, directives and practices on “recruitment, hiring, training, responding, disciplining and evaluating.”“I believe the investigative team has identified the issue that is at the root of the case: the failure of a system of accountability,” Twombly said.Wilson noted that other investigations of McClain’s death are continuing, including a criminal probe by the state attorney general’s office.“We will address failures that were uncovered, and I will hold myself as well as our officers accountable,” Wilson said. “We will evolve, and we will become the police department that the community can trust,” said Wilson, who was appointed police chief after the McClain incident.Aurora police officers Nathan Woodyard and Randy Roedema and former officer Jason Rosenblatt were never prosecuted for McClains’s death.Wilson said she has made changes in officer training to emphasize de-escalation techniques and recognizing implicit bias. She also said protocols have been changed requiring officers to not solely rely on a 911 caller’s description of a subject as acting suspiciously.She declined to comment on why Woodyard and Roedema have not been disciplined and remain members of the police force, citing the ongoing criminal investigation by the state attorney general.Wilson fired Rosenblatt last year after failing to report photos of officers mocking a carotid hold at a makeshift memorial for McClain and for responding “haha” when he was texted the images, the chief said. Rosenblatt filed a lawsuit against Wilson and the city asking for an independent review board hearing. His termination was upheld by the Aurora Civil Service Commission earlier this month.Copyright © 2021, ABC Audio. All rights reserved.last_img read more

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Training news: boom expected in learning via the Internet

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first_imgRelated posts:No related photos. Comments are closed. Training news: boom expected in learning via the InternetOn 13 Jun 2000 in Personnel Today Previous Article Next Article • An Internet learning boom will take place this year, research has predicted. A survey of trainers by Hewlett-Packard Education found that 52 per cent of organisations do not use Internet training. But 82 per cent of respondents claimed they would change their IT strategy for learning in 2000. And 50 per cent of companies using the Internet for training spend less than 10 per cent of their budget on this area, with no companies spending more than 20 per cent, according to the report. HP Education found that six out of 10 people have used the Internet as a medium to receive training at least once and from those questioned most found the service useful. But 27 per cent said the courses are impersonal and 30 per cent felt that improvements could be made.Women’s skills body celebrates 10th year• An organisation dedicated to training women to become employees of choice is celebrating its 10th anniversary. Springboard delivers a worldwide Women’s Development Programme through a network of trainers dedicated to giving women the skills essential for the modern workplace. The anniversary was celebrated last weekend (9-11 June) with a three-day conference at the Cable and Wireless College near Coventry, attended by Her Excellency Cheryl Carolus, South African High Commissioner to the UK and Sheila McKechnie, MD of the Consumers Association.LSCs to pick up equality baton from Tecs• The goal of developing greater equality and inclusion, championed by the training and enterprise councils, will set the agenda for the Learning and Skills Councils which replace them next year. This was the message of a conference on the transition from Tecs to LSCs, held last week in Canary Wharf, London. Jacqui Henderson, chief executive of the Tecs National Council, said, “Tecs have been at the forefront in delivering local equality strategies and we now look forward to a new era where equality is mainstreamed in all government-funded opportunities for people to learn and develop their skills.”last_img read more

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Ballot rules may increase striking

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first_imgBallot rules may increase strikingOn 19 Sep 2000 in Personnel Today Previous Article Next Article Regulations on balloting which came into force yesterday have raised concerns that more employees could resort to industrial action to resolve workplace disputes.The DTI regulations mean minor errors in the balloting process would be disregarded and the employers’ right to sack striking employees would be rescinded.Under the previous regulations, striking employees were warned their jobs could be forfeited if they took industrial action. Now any dismissal will be deemed unfair if it occurs within eight weeks of them beginning to take part in action, or if the employee had ceased to take industrial action within eight weeks.Robbie Gilbert, chief executive of the Employers’ Forum on Statute and Practice, said, “If the kind of industrial action we have seen over petrol is seen to produce results it could lead to more industrial action.”Mike Gooddie, HR director at GNER, said, “These changes do not necessarily mean that more people will strike. It is up to companies to ensure they have enlightened personnel policies that build an environment of trust.”www.dti.gov.uk Comments are closed. Related posts:No related photos.last_img read more

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Troubleshooter on global payroll options

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first_imgRelated posts:No related photos. I’m researching global payroll options. The difference in legislation and culture from country to country suggests it’s a minefield. How feasible is it?It may be easier than you think. There is a large chunk of activity that’s as common to a payroll run in Beijing as it is in Budapest or Brighton. Yes, you have different tax regimes, different types of benefits, and in some cases, vastly different cultural attitudes that can impact the way payroll is managed internally. But fundamentally, many of the processes that link initial time reporting to final pay check printing are very similar. In fact, one multinational company that manages payroll in Australia and the UK from the same central system believes that up to three-quarters of the core processes are common.The success of multi-country payroll initiatives will depend to a large extent on how effectively organisations can leverage common processes and practices. It’s not an easy project, but from a process perspective, you may have more of a headstart than you think.Keith Rodgers is co-founder of Webster Buchanan Research, a market intelligence company specialising in human capital management www.websterb.com Previous Article Next Article Comments are closed. Troubleshooter on global payroll optionsOn 4 Oct 2005 in Personnel Todaylast_img read more

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Olives Et Al seeks more partners, while opening third deli store with Wyevale

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first_imgOlives Et Al is to open a third deli and bakery concept this month, with plans for more sites in high streets and department stores.The Dorset-based company has launched two deli sites, Loaf & Larder, in a deal with Wyevale garden centres. It will open one more this month and has “potentially” another three in the pipeline. It will also look to open more with other partners.This comes as the company this week launched its gluten-free pastry powder packs for home bakers, after purchasing a gluten-free pastry company nine months ago.Simon Hurley, managing director of the business, said: “We don’t want to be pigeon-holed as an olive company.“We entered a pie made with the new pastry mix into a general pie category in a competition and won. Paul Hollywood was judging and he couldn’t believe the pastry was gluten-free.”He also said the company was talking to other firms regarding partnerships, with a view to extending the number of its retail shops, and was hoping to open in high streets and department stores.He continued: “By the end of the year we are hoping to have eight to nine shops, depending on the partners we find.”The company opened its first Loaf & Larder store in Cheddar Garden Centre in July last year. The shop prepares pies, quiches and breads fresh on the site.last_img read more

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