Mastercard in £333m deal for DataCash

first_imgThursday 19 August 2010 4:18 am Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndoCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy FanUndoBetterBe20 Stunning Female AthletesBetterBeUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldUndo John Dunne Show Comments ▼ Mastercard in £333m deal for DataCash MasterCard has agreed to buy British payment service provider DataCash Group for about £333m in cash to expand its e-commerce business.MasterCard, which makes money from processing credit and debit card payments on its network, said it would pay 360 pence per share, representing a 54 per cent premium to DataCash’s Wednesday close.“The acquisition of DataCash will expand our already significant e-commerce merchant gateway presence in Asia and Australia to European countries and other high-growth, emerging markets worldwide,” MasterCard chief executive Ajay Banga said in a statement.The deal is expected to be complete by the end of October center_img whatsapp whatsapp Share Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Tags: NULLlast_img read more

Mortgages in slim rise

first_img More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.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.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org whatsapp John Dunne Mortgages in slim rise Share whatsapp Show Comments ▼ THE number of mortgages for house buyers increased to 56,000 in July – a rise of seven per cent on the previous month, the Council of Mortgage Lenders (CML) said.This was also up six per cent up on the same month a year ago.But the group said that despite the seasonal rise, the market remained “very weak” with loan criteria becoming stricter.CML economist Paul Samter said: “Lending criteria remain tight, underpinned by caution on the part of both borrowers and lenders in the light of continuing economic uncertainty.” Monday 13 September 2010 5:35 am Tags: NULLlast_img read more

Reinsurance firms face up to price pain

first_img REINSURERS are trying to stay confident about pricing prospects for 2011 in the face of a chorus of industry observers predicting price and earnings pain.At their annual Mediterranean meeting, the world’s biggest reinsurance players have once again vowed to maintain discipline in setting prices on the contracts for risk cover they provide to insurers, saying they won’t engage in a competitive race to the bottom.Munich Re, the world’s biggest reinsurer, predicted it would maintain stable prices overall on its portfolio of business to be renewed at the start of the year, and said some prices were even rising following the sinking of an oil rig in the Gulf of Mexico and earthquake in Chile this year.French reinsurer Scor also struck an upbeat tone, even as it acknowledged that clients were driving hard bargains.“We hope by January we can show renewals that are at least stable or slightly up,” Scor chief executive Denis Kessler said. Share But brokers, credit rating agencies and other industry observers, attending the Monte Carlo meeting in force, say 2011 is shaping up to be the third year in a row that property and casualty premiums will fall.Insurance companies, who pay reinsurers to take on their risks of big claims such as for hurricanes or earthquakes, are being flexible about how much reinsurance they are using, buying less of it when it costs more, said James Eck, senior credit officer at Moody’s.“Insurers don’t expect to pay more and there would be significant resistance to higher prices,” said Eck, adding that most insurers surveyed by Moody’s said they planned to buy the same amount or less reinsurance in 2011 than they did in 2010. Monday 13 September 2010 7:33 pm KCS-content 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 ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof whatsappcenter_img Supply is another issue. There is a lot of excess capital available to reinsurers to write business with insurance clients, following the recovery of capital markets since 2009.“While excess capital is in the market there is no catalyst to increasing rates,” said Greg Carter of credit ratings agency Fitch. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search Adsautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald Tags: NULL whatsapp Reinsurance firms face up to price pain last_img read more

Orange JV launches £4m ad campaign

first_imgSunday 10 October 2010 11:30 pm Tags: NULL Share KCS-content whatsapp More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.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.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.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‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comConnecticut man dies after crashing Harley into live bearnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com Show Comments ▼ whatsapp Orange JV launches £4m ad campaign EVERYTHING Everywhere, the company formed by the merger between Orange and T-Mobile, will today launch a £4m advertising campaign.The firm will announce to its 27m customers they will now be able to access the network of both brands, which it says will allow them to use mobile services over a greater geographical area.The firm yesterday branded the move the “single biggest transformation of mobile coverage since the birth of mobile”. Customers will be asked to register for the service but will not be charged.Tom Alexander, chief executive of Everything Everywhere, said: “Today’s switch-on is the culmination of a hugely complex project. But the result is simple – our customers now get two networks for the price of one.” last_img read more

BoE Inflation Report set to widen debate

first_imgSunday 7 November 2010 8:08 pm BoE Inflation Report set to widen debate KCS-content Tags: NULL THE Bank of England’s quarterly Inflation Report will be scrutinised particularly closely by the market for clues to the future direction of British monetary policy when it is published on Wednesday. The three-way split among the Monetary Policy Committee (MPC) members has created growing uncertainty about the timing and future direction of changes to interest rates and quantitative easing. There is still a widespread expectation that a further loosening in UK monetary policy is likely, if not imminent.IHS Global Insight’s Howard Archer expects the Bank of England to raise both its near-term growth and inflation forecasts but to keep its forecasts further out unchanged. City economists also expect the central bank to leave the door open for further quantitative easing. “I expect the Inflation Report to leave the door open to renewed quantitative easing should growth falter markedly over the coming months,” added Archer.However, it is unlikely that the Bank will signal that further QE will be introduced in the very near-term, with many predicting February as a likely month. “The MPC is not in a position to signal next week that a QE extension is imminent, simply because it is not,” explains Barclays Capital’s Simon Hayes.“The November Inflation Report is expected to bear a close resemblance to that in August, perhaps indicating a small bias to loosen but with the main stress being on the heightened uncertainty surrounding the outlook,” Hayes added. The result could be that the next move in monetary policy could be in either direction.The Inflation Report may also give some clues as to whether one or more of the seven committee members that has sat on the fence until now decided to join either Andrew Sentance or Adam Posen this month. Show Comments ▼ whatsapp whatsapp Share More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.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.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org last_img read more

Violence at student fees demo leads to 35 arrests

first_imgWednesday 10 November 2010 9:01 pm whatsapp Show Comments ▼ whatsapp Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap KCS-content center_img Violence at student fees demo leads to 35 arrests Tags: NULL Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCutethedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure Solution HUNDREDS of protestors stormed the Conservative party headquarters yesterday after a protest over university tuition fees spiralled out of control, leading to a total of 35 arrests. The Metropolitan Police said last night that 14 people had been taken to hospital, including seven police officers, for injuries picked up during the protests in which 52,000 mostly peaceful activists took to the streets against a hike in fees and cuts to government spending on higher education.Around 200 people barricaded themselves on the roof of Tory HQ on Millbank after what the National Union of Students described as a group of rogue protestors smashed the glass front of the building, while hundreds more built a bonfire made from placards outside. Mayor of London Boris Johnson said police needed to examine how a small minority had “shamefully abused their right to protest”. “This is intolerable and all those involved will be pursued and they will face the full force of the law,” he said. “The Metropolitan Police commissioner has assured me that there will be a vigorous post-incident investigation.”“We did not expect this level of violence,” Metropolitan Police commissioner Sir Paul Stephenson said in a TV interview later. “This was thuggish and loutish behaviour by criminals. It’s not acceptable, it is an embarrassment for London and for us.” last_img read more

ANALYST VIEWS: WHAT DO YOU MAKE OF TUI’S RESULTS?

first_imgThursday 2 December 2010 7:10 pm Show Comments ▼ SAM HART | CHARLES STANLEYGiven tough environmental conditions in the UK, the results were pretty solid. TUI Travel is delivering synergy savings and cost savings that will help it, though it still needs to rebuild credibility with investors.NICK BATRAM | KBC PEEL HUNTI think it’s been a pretty torrid year for it, but its statement is reassuring. Bookings in winter are up, and summer bookings are up as well.KARL BURNS| SHORE CAPITALEven though the UK market has matured, TUI is able to consolidate its core markets. This year will be better for TUI than last year. whatsapp ANALYST VIEWS: WHAT DO YOU MAKE OF TUI’S RESULTS? Tags: NULL whatsapp KCS-content Share Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily 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 ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Prooflast_img read more

US to sell remaining Citi stake

first_img Tags: NULL US to sell remaining Citi stake Share whatsapp KCS-content The US government will sell off its remaining seven per cent stake in Citigroup – 2.4bn common shares – in an underwritten public offering, the Treasury Department said yesterday. The proposed offering would mark the disposal of a government stake in Citigroup that once stood as high as 36 per cent after $45bn in taxpayer bailouts in 2008 and 2009. Citi has paid back $20bn in preferred stock, while another $25bn was converted to 7.7bn common shares held by the Treasury. A subsequent Citi share offering reduced the government’s stake to 27 per cent, which the Treasury has whittled down over the past year via the sale of 5.3bn shares in controlled trades in the market. center_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Monday 6 December 2010 8:12 pm Show Comments ▼ Read This NextFresh Fruit Sushi: Recipes Worth CookingFamily ProofCreamy Pumpkin Soup: Delicious Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily Proof’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofA Once in 17 Years Cicada Event in Princeton, New JerseyFamily Proof whatsapplast_img read more

Apax nears a deal to take Takko

first_img More From Our Partners Biden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com 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 TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCutethedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com KCS-content whatsapp Show Comments ▼ PRIVATE equity firm Apax Partners is reportedly closing in on a deal to buy German clothing retailer Takko from US rival Advent International for about €1.3bn (£1.1bn).Apax has been given until Thursday to hold exclusive talks with Takko and a deal is likely before the deadline, says the Wall Street Journal. Advent has been readying an initial public offering of Takko, which operates discount clothing shops across Europe, in case a committed buyer does not emerge. Last week it emerged that both Apax and Swedish rival EQT were both preparing binding bids for Takko.Apax and Advent were unavailable for comment last night. center_img Apax nears a deal to take Takko Monday 20 December 2010 9:25 pm Share whatsapp Tags: NULLlast_img read more

CEO confidence in outlook is near pre-crisis levels

first_img whatsapp CEO confidence in outlook is near pre-crisis levels whatsapp Share More From Our Partners Texas governor said he plans to strip the Legislature’s paybusinessinsider.com Show Comments ▼center_img KCS-content Tuesday 25 January 2011 8:55 pm Tags: NULL 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 AthletesBetterBeDefinitionDesi 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 Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com COMPANY bosses are in a positive mood about economic growth over the next year, with confidence levels amongst chief executives almost back to the levels seen in 2008.Of 1,201 executives polled by accountants PricewaterhouseCoopers, 48 per cent of respondents are “very confident” about their company’s prospects for growth over the next 12 months – a sharp climb from last year’s figure of just 31 per cent.The Annual Global CEO Survey, launched at the World Economic Forum last night, also showed that executives on the search for sustainable growth were increasingly turning to emerging markets, with 92 per cent expecting growth in their Asian operations compared to just 48 per cent confident of the same in Europe.It means that executives based in developed markets are increasingly looking further afield for opportunities to expand their businesses. “Any industrial company – if they’re going to be a global leader – has to have a large presence in emerging markets,” said Ed Breen, chairman and chief executive of US-based industrial conglomerate Tyco International. last_img read more