German consumers are upbeat

first_imgTuesday 25 January 2011 8:58 pm whatsapp whatsapp Show Comments ▼ More From Our Partners Texas governor said he plans to strip the Legislature’s paybusinessinsider.com Germany’s relentless recovery received another boost yesterday, as consumer confidence figures showed yet a further increase. The household confidence index is expected to rise to 5.7 next month. The level for January was revised up to 5.5 from an initial estimate of 5.4, following six months of increases. “Even the first wave of German austerity measures could not stop optimism,” said ING’s Carsten Brzeski. center_img German consumers are upbeat KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Share Tags: NULLlast_img read more

India ups rates to beat inflation

first_img Tags: NULL KCS-content Tuesday 25 January 2011 8:59 pm INDIA’S reserve bank raised the repo rate at which it lends to banks by 0.25 per cent to 6.5 per cent yesterday, in a bid to clamp down on resurgent inflation.The central bank also raised its inflation forecast for the end of the fiscal year in March to seven per cent from 5.5 per cent. Markets reacted to the inflation forecast, which could be read as a hint towards more interest rate hikes. The Bombay stock exchange’s Sensitive Index (Sensex) closed 0.95 per cent down at 18,969.45 points. The increase in key rates was the seventh since March. Show Comments ▼ Sharecenter_img India ups rates to beat inflation whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldDrivepedia20 Of The Most Underrated Vintage CarsDrivepedia Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof whatsapplast_img read more

BEST OF THE BROKERS

first_imgMonday 31 January 2011 7:56 pm KCS-content Share whatsapp Show Comments ▼ BEST OF THE BROKERS SMITHS GROUPRBS rates the technology group as a “buy”, and raises its target price from 1,300p to 1,600p. The broker says that if the Group was broken up and its businesses sold, it would estimate a value of 1,804p in the absence of any tax liabilities. It therefore says that a break-up valuation is the best way to proceed, and raises its pricing accordingly.SERCOThe front-line service provider is rated as a “buy” by Killik & Co, which says the group is well placed to win government contracts as investment in infratructure and pubic services increases. As shares have performed poorly in recent month due to uncertainty over public sector cuts, Killik & Co sees a good opportunity to buy at a target price of 557p.RENEWABLE ENERGY GROUPEvolution Securities rates the on-shore wind farm developer as a “buy” following its rejection of a 67.7p per share bid, which the broker says undervalues its operational assets and developmental pipeline. It expects REG’s value to rise everytime it announces a planning win, and assigns it a target price of 82p. Tags: NULL More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org whatsapplast_img read more

LMVH sales up in luxury bounce back

first_img LVMH, the world’s biggest luxury group, posted forecast-beating fourth-quarter comparable sales boosted by strong Christmas trading, and proposed a higher dividend on the back of a record year.LVMH, whose Louis Vuitton brand accounts for half of group operating profit, said like-for-like revenue rose 13 per cent in the last quarter of 2010, beating analyst expectations of an 11 per cent increase.The group proposed raising its dividend by 27 per cent to 2.10 euros a share.The move comes after smaller peer Hermes unveiled a hefty interim dividend, its first ever.LVMH benefited from Chinese shoppers’ growing appetite for luxury goods at home and abroad as well as from a steady rise in discretionary spending globally.Overall, the group generated a profit from recurring operations of 4.32 billion euros (£3.69bn) on revenue of 20.32bn euros.LVMH’s wines and spirits unit, which includes No.1 champagne maker Moet & Chandon, bounced back from the severe slump of 2009, together with its watches and jewellery division, home to brands Chaumet, Fred, Zenith and Tag Heuer.Wines and spirits generated revenue growth of 19 percent in 2010 and lifted their profit from recurring operations by 22 per cent, as all champagne brands, particularly the prestige cuvees, experienced a recovery.Watches and jewellery saw their profit from recurring operations double last year on 29 per cent higher revenue.Louis Vuitton had another record year, LVMH added, with double-digit growth, while Fendi “performed well.”Global luxury sales climbed 10 per cent in 2010 after dropping 8 percent in 2009, the worst year on record for the industry, according to consultants Bain & Co. Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamBetterBe20 Stunning Female AthletesBetterBe More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comWhy people are finding dryer sheets in their mailboxesnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com LMVH sales up in luxury bounce back Friday 4 February 2011 2:38 amcenter_img whatsapp John Dunne Share Tags: NULL whatsapplast_img read more

Boost for January’s sales

first_imgSunday 6 February 2011 10:21 pm whatsapp KCS-content DOOM and gloom forecasts for the British high street have yet to materialise, according the latest BDO sales tracker, released today.In January, sales for retailers with revenues between £5m and £500m were up 9.1 per cent compared to the same time last year, said BDO.Consumers have been taking advantage of “VAT busting” offers that some retailers used to tempt shoppers after VAT increased to 20 per cent on 4 January.And online sales were up an astonishing 49 per cent – a rate of growth not seen in nearly a year. “This year has had a healthy start,” said BDO’s Don Williams.However, the figures may have been helped by a milder month than the snow-affected January of 2010.And the findings are out of kilter with recent John Lewis figures, which showed a 0.9 per cent fall in the week to 29 January, and 2.2 per cent drop the previous week. Share More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA 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.orgBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Tags: NULL Boost for January’s sales Show Comments ▼ whatsapplast_img read more

BHP Billiton pumps $9.5bn into expansion

first_img whatsapp Show Comments ▼ Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap BHP Billiton pumps $9.5bn into expansion Share Miner BHP Billiton has said it will pump in $9.5bn (£5.9bn) to expand its Australian iron ore and coal mining operations.The world’s biggest miner has decided to expand its own operations and infrastructure rather than chase ambitious takeovers after three failed deals as it scrambles to meet rising demand from Asia.The investments announced for its Pilbara iron ore project, plus its Bowen Basin and Hunter Valley coal projects, mark the first details BHP has given of a planned $80bn in investments over five years.“This is putting meat on the bones with regards to timing, actual tonnes and the amount of capex,” said Constellation Capital Management portfolio manager Peter Chilton.“Rio has done the same, trying to get more out of their existing assets. It’s not like making a big acquisition, these are all things they have control over and manage already,” he said.Other major capital projects include expanding the Olympic Dam copper and uranium mine. BHP has previously announced plans to spend around $20bn on that. Analysts estimate the massive Jansen potash project in Canada, still in the feasibility stage, could cost up to $13bn to build. whatsapp Friday 25 March 2011 7:27 am John Dunne Tags: NULLlast_img read more

WHAT THE OTHER PAPERS SAY THIS MORNING

first_img WHAT THE OTHER PAPERS SAY THIS MORNING whatsapp More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA 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.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Tags: NULL Wednesday 6 April 2011 8:29 pm KCS-content Sharecenter_img FINANCIAL TIMESPARTIES FAIL TO BREAK US BUDGET DEADLOCKThe US began preparations to stand down nearly 1m workers and suspend services ranging from processing tax returns to national parks as a government shutdown loomed over stalled budget talks. Republicans and Democrats in Congress remained deadlocked over a budget agreement for the final six months of the current fiscal year, ahead of a deadline on Friday when funding for the government runs out.CITI INDONESIA ARM HIT BY THEFT ALLEGATION Citigroup has been barred from selling wealth management services to new clients in Indonesia after allegations that a long-time employee stole millions of dollars from customers of its premium retail bank. The ban was revealed on Wednesday by Darmin Nasution, Indonesia’s central bank governor, who told legislators Citi had been instructed to “temporarily suspend” recruitment of new clients to Citigold, the US bank’s flagship service for wealthy customers.GBAGBO REJECTS ALL TALK OF SURRENDERLaurent Gbagbo, Ivory Coast’s besieged president, clung to the vestiges of power on Wednesday as rival forces tired to prise him from his presidential palace in the leafy Abidjan suburb of Cocody.CAMERON HINTS AT HOSPITAL ROLE IN ORDERING HEALTHCAREStrong hints that hospital doctors and nurses, rather than simply GPs, will be involved in the commissioning of NHS care emerged from the first of a series of “listening exercises”, as David Cameron rode to the rescue of reform plans. Nick Clegg, his deputy, conceded that ministers had not got “every detail right.THE TIMESDOUBTS GROW OVER BUFFETT’S HANDS-OFF MANAGEMENTWarren Buffett expressly warned his senior executives last year against trading in companies in which he might invest. The disclosure comes a week after one of Buffett’s key lieutenants stunned the business world by resigning amid reports that he had bought shares in the Lubrizol chemical company just days before recommending its purchase by Buffett’s Berkshire Hathaway investment firm. FORGET THE PAST, A RATE RISE IN EUROPE WILL SEND SHARES LOWEREuropean shares defied conventional wisdom and soared both times in the past when eurozone interest rates were raised for the first time after a series of falls. But this time will probably be different, according to analysts at HSBC.The Daily TelegraphCHAMPIONS LEAGUE BRAND CHAMPION ICON SOLD FOR £11MA company involved in the branding of the UEFA Champions League, the Ryder Cup and Wimbledon is being sold for £11m to Chime Communications, the PR and marketing group chaired by Lord Bell. Icon, which began operations in 1949, is a so-called “experiential” marketing business that aims to bring to life sponsors’ brands.TRADES EXIT BBC RADIO TIMES AND TOP GEAR MAGAZINE AUCTIONKey trade bidders for BBC Magazines have exited the race to acquire the business behind the Radio Times and Top Gear magazines after slashing their offers. Bids from media companies such as Bauer, owner of Heat magazine, were cut as it emerged that Top Gear magazine and other leading BBC titles were not for sale.THE WALL STREET JOURNALCONFIDENCE AN ISSUE FOR IRISH BANKSIreland’s banking regulator said it will take years for investors to regain confidence in the country’s banks, which in the meantime are likely to remain reliant on funding from central banks. “It’s going to take a while before there’s an Irish bond issue” from a bank, said Matthew Elderfield, the head of financial regulation at the Central Bank of Ireland.SPAIN PUSHES BIG BANKS TO BUY CAJA Spanish regulators are pressing Banco Santander SA and other large Spanish banks to take part in the cleanup of the country’s financial sector. As the lender, Caja de Ahorros del Mediterraneo, approached Santander, Banco Bilbao Vizcaya Argentaria SA and midsize Spanish banks in recent days in an effort to sell itself. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search Adsbonvoyaged.comTotal Jerks: These Stars Are Horrible People.bonvoyaged.comMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryAll Things Auto | Search AdsNew Acura’s Finally On SaleAll Things Auto | Search AdsZen HeraldShe Inspired Three Of The Most Popular Songs EverZen HeraldHealthyGemAlways Place A Rubber Band On Door Knob When Alone, Here’s WhyHealthyGemFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyDaily Funny40 Brilliant Life Hacks Nobody Told You AboutDaily Funny whatsapp Show Comments ▼last_img read more

JD Sports negative on growth in 2011 despite sales boost

first_img KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMoneyPailShe Was An Actress, Now She Works In ScottsdaleMoneyPailmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com 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 WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap JD Sports saw a jump in profit yesterday but remained downbeat about the outlook.The gloomy trading forecast overshadowed better-than-expected profit figures for the past year of £81.6m, after analysts had pencilled in £79m.Same-store sales for the year increased by 3.1 per cent, boosted by strong demand for brands such as Adidas and Nike and the firm’s own brands such as Mckenzie and Carbrini.However, it warned that despite the strong trading it was still worried about the impact tax rises and public spending cuts would have.“The retail environment has recently been significantly impacted by adverse fiscal changes in addition to the multiple current economic pressures,” executive chairman Peter Cowgill said.“Against that background, therefore, it is inevitable that the board is extremely cautious in its outlook, particularly when the profits achieved for the year to 29 January 2011 are effectively rebased purely as a result of the impact of increased VAT.”JD Sports, which last month decided against bidding for struggling rival JJB Sports, is paying a total dividend of 23p, up 28 per cent. Analysts at Investec said JD Sports “positively surprised” with the results. However, it warned: “Management is highlighting the difficulty of passing on VAT and cost increases to its customers, so we are cutting full-year forecasts by £9m to £72m.The retailer opened 28 stores and refurbished a further 24 in the year to January 2011. Wednesday 13 April 2011 8:10 pm JD Sports negative on growth in 2011 despite sales boost whatsappcenter_img Tags: NULL Show Comments ▼ whatsapp Sharelast_img read more

Euroset confirms pulling its £800m IPO

first_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 PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald The already shaky climate in the UK’s new issues market worsened today as Russian mobile phone retailer Euroset pulled its £800m issue.The flotation has been dogged by uncertainty because of nervousness in the markets, with investors increasingly unwilling to pay up for what they deem to be overvalued stock. City A.M. broke the news at 3pm, after bankers close to the deal said the decision to pull the float was taken around lunchtime.Euroset has now officially confirmed the postponement, with chief executive Alexander Malis citing difficult market conditions as the reason for the delay.“Although there was increased interest from the investment community in Euroset, we decided not to proceed with an IPO in the challenging and volatile market conditions,” Malis said.“The outlook for Euroset is favourable and we remain committed to the Company and to achieving our strategic objectives. Euroset will continue to pursue its strategy of expanding its retail operations going forward and maintaining leadership position in the market. We will keep investors informed about our development plans.”Three issues have been pulled from the London market in the past couple of weeks; Topaz Energy, which wanted to raise £300m; on Tuesday the online payments group Skrill pulled its £80m cash-raising; and the vacuum technology group Edwards last week pulled its £375m offer.There were also a couple of Russian floats pulled from the market last month.The Euroset deal was expected to net Russian billionaire Alexander Mamut more than £500m. Mamut is a shareholder in the troubled retail group HMV and he was also expected to subscribe for shares in Nomos Bank, a Russian IPO set to price within the next few weeks. More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.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.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comConnecticut man dies after crashing Harley into live bearnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com Show Comments ▼ John Dunne whatsapp Sharecenter_img Thursday 14 April 2011 10:22 am Euroset confirms pulling its £800m IPO Tags: NULL whatsapplast_img read more

BetConstruct partners PMU for horse racing betting launch

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Sports betting Tech & innovation Sports betting Regions: Europe Western Europe France Companies: BetConstruct BetConstruct is to expand its sports betting services with the addition of horse racing, through a new partnership with French betting and gaming operator Pari-Mutuel Urbain (PMU). Through the cooperation agreement, BetConstruct will be able to offer live streaming and betting markets on flat and harness races organised by PMU in France. The horse racing offering will initially go live in BetConstruct’s native Armenian market, sharing liquidity with PMU’s French player pools, before being made available to its client base around the world from spring next year.“PMU is very happy with this partnership with BetConstruct, which will give Armenian players the opportunity to bet on French horse racing, within the same network [as French bettors],” PMU area manager for Africa, Eastern Europe and Central Asia Philippe Thebault commented. “This was a big first step, and hopefully the agreement will allow BetConstruct’s partners around the world to enjoy French racing and PMU’s product, as well as allowing our organisation to expand our distribution network with BetConstruct.”BetConstruct regional director for Africa, France and Monaco David Ozararat added: “[We are very satifisfied to collaborate with] PMU and broadcast world-renowned French horse racing.He said the agreement with the operator would help grow both BetConstruct and its partners’ customer bases.The deal further expands PMU’s network of international partners. The operator currently works with more than 80 operators in over 50 countries worldwide, most recently moved into the Spanish market for the first time, through a partnership with Ladbrokes and Cirsa joint venture Sportium. Image: Max Pixel Subscribe to the iGaming newsletter Email Address iGaming solutions provider plots initial launch in Armenia before global roll-out of horse racing product 3rd December 2018 | By contenteditor BetConstruct partners PMU for horse racing betting launchlast_img read more