Month: September 2021

Sportingbet boosted by World Cup

first_img Sportingbet boosted by World Cup Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoBetterBe20 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 HeraldUndoTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading BlvdUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndo Show Comments ▼ Tags: NULL British Internet gambling firm Sportingbet said it had performed strongly during the World Cup in South Africa with margins boosted by a number of results going against the favourites during the competition.Sportingbet said it had taken over £50m worth of bets during the tournament, of which 65 per cent were made during matches using the company’s “in:play” betting service.“The strong World Cup performance underpins the fourth quarter trading results and the board remains confident that the group will meet management expectations for the financial year just ended,” Sportingbet said in a statement.A significant number of low scoring games had also favoured the bookmaker as punters tend to back high-scoring results, the company said.Sportingbet said it had continued to perform in line with management expectations throughout the final quarter of the year. Share John Dunne center_img Thursday 12 August 2010 3:08 am 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 ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot whatsapp whatsapplast_img read more

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PTT plots bid for Carrefour assets

first_img whatsapp 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 Show Comments ▼ whatsapp PTT plots bid for Carrefour assets PTT, Thailand’s biggest energy company, said it plans to bid for French retailer Carrefour’s Thai assets, worth an estimated $600M (£386m), under a plan to diversify its businesses.Carrefour, Europe’s top retailer, wants to sell its Malaysia, Singapore and Thailand units at a potential price of $1BN to focus on core markets where it holds leading positions.In recent years, Carrefour has withdrawn from other Asian markets, including Japan and South Korea, to focus on growing markets such as China and India.“We are actually interested to see whether there’s an opportunity to link to our businesses,” Chief Financial Officer Tevin Vongvanich told Reuters.“We are studying the plan, but there are no further details or information on the timing at this point,” Tevin said.PTT joins an increasingly crowded field expected to bid for the assets in September.France’s Casino has hired Deutsche Bank and Royal Bank of Scotland Group to advise it on a potential bid for Carrefour’s Malaysia, Singapore and Thailand assets, two sources told Reuters in July.Leading Thai conglomerate Berli Jucker, owned by liquor tycoon Charoen Sirivadhanabhadi, expressed interest last month in bidding for Carrefour’s Southeast Asian operations.Singapore-listed Dairy Farm International, which owns Cold Storage and Giant superstores in Singapore and Malaysia, and Britain’s Tesco are also seen as potential bidders, sources said. Tesco and Dairy Farm have declined to comment.Casino owns 36 per cent of the Big C Supercentre chain, Thailand’s second-largest hypermarket operator by number of stores after British-owned Tesco Lotus. John Dunne Friday 20 August 2010 2:49 am Share Tags: NULLlast_img read more

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Swiss to impose tougher capital rules on banks

first_img Show Comments ▼ Monday 4 October 2010 4:36 am Global Swiss banks UBS and Credit Suisse must hold capital well in excess of new international standards, a government commission said, to limit risk that a bank failure could drag down the economy.The new rules may crimp the two banks’ ability to compete in the field of investment banking, but Swiss regulators want them to focus more on less risky private banking.The report from the commission of top regulators, bank executives and other industry representatives published on Monday said the two banks should hold at least ten per cent of risk-weighted assets based on new global standards (Basel III) in form of common equity.In addition, the banks should hold another nine per cent, which could be contingent convertible (CoCo) bonds, taking the current total capital requirements to 19 per cent.The so called CoCo bonds would be turned into equity if the common equity ratios fell below pre-defined levels. The capital requirements could rise or fall depending on the banks’ balance sheets or if their domestic market share increases.The new Swiss rules go well beyond the recently agreed rules under Basel III, which require banks to hold a minimum of seven per cent in the form of common equity.However, media reports suggested that UBS and Credit Suisse might have to hold even more top-quality capital, indicating that the final number maybe a compromise between the banks and regulators.Both banks have voiced confidence that they would meet new domestic and international requirements through retained earnings, though UBS has also said it would probably not pay out dividends over the next couple of years.Banks should have until the end of 2018 to meet the new requirements, the commission said, which is in line with the timeframe for the new global rules.The report will be a blueprint for future Swiss banking regulation, though the government still has to discuss it and kick off the lawmaking process in parliament.Switzerland has led the global push for tighter banking regulations after the government had to bail out UBS at the height of the global financial crisis.The focus of the commission’s report is on UBS and Credit Suisse as systemically relevant banks, which still hold more than four times the country’s gross domestic product of $540 billion (342 billion pounds) in liabilities on their balance sheets.Swiss banks already have to meet stricter requirements for capital and liquidity then their global peers, and regulators – in particular the Swiss National Bank – have left no doubt that rules would be tightened beyond international minimum standards.The commission said both banks should be organised in a way that would allow for the break out of parts that are relevant for the functioning of the economy in case of insolvency.But it was up to banks to find the right structure, and regulators would only order structural changes if the banks failed to come up with a convincing framework themselves. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndo John Dunne Tags: NULL Share whatsapp Swiss to impose tougher capital rules on banks whatsapplast_img read more

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City hit by chemical leak

first_img Share City hit by chemical leak 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 WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Tags: NULL Monday 25 October 2010 6:01 amcenter_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 A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com John Dunne whatsapp THE City was hit by traffic chaos in the rush hour after a chemical spill at the New Change shopping mall on Cheapside. The London Fire Brigade in an alert said 30 people were evacuated as specialist teams combed the building to assess the cause of the spill. Land Securities, which owns the shopping centre said: “Some workers fitting out a retail unit have been taken ill while carrying out work overnight on site yesterday (24 October 2010). It is being investigated and we are working closely with the police and fire services. The Centre is currently closed as a precautionary measure.”The area around the shopping centre has been cordoned off and Cheapside down to Bank Junction, Queen Victoria Street, St Paul’s Church Yard, Watling Street and New Change were all cut off. The London Fire brigade said in a statement: “London Fire Brigade is currently attending reports of a chemical leak at a shopping centre on Cheapside in the City.” last_img read more

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Vodafone joins iPad sales war

first_img whatsapp 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 TimesZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGem KCS-content Tuesday 23 November 2010 9:06 pm Share Vodafone joins iPad sales war 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 ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proofcenter_img whatsapp Show Comments ▼ Tags: NULL VODAFONE is in talks to bring a discounted iPad to the market after rivals Orange and T-Mobile announced this week they will sell the tablets less than half price with a contract.O2 is understood to be less keen to offer iPads locked to a lengthy contract, especially with an upgrade rumoured to be due in April.Meanwhile, Orange has scotched runours it will fail to rush out its discounted iPads in time for Christmas.A company spokesman said the firm is “very confident” of launching the offer in December. Vodafone and O2 both declined to comment. last_img read more

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Travelex wins Japanese deal

first_imgMonday 31 January 2011 9:02 pm 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 TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsAlphaCute30 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 FarmMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory Share Show Comments ▼ whatsapp More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.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.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.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.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comcenter_img KCS-content whatsapp Travelex Global Business Payments, the cross-border payment services provider, has commenced international payments services for Rakuten Bank, part of the Rakuten Group and one of Japan’s leading e-commerce companies, through its GEO international payments platform.Travelex GEO offers customers, like Rakuten Bank, access to an international payment capability which allows payment in 67 currencies via an online platform. Tags: NULL Travelex wins Japanese deal last_img read more

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Gold prices boost profit at Randgold

first_img Share Monday 7 February 2011 8:57 pm Show Comments ▼ More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comInside 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.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org whatsapp KCS-content center_img whatsapp 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 Gold prices boost profit at Randgold RANDGOLD Resources was one of the biggest risers in the FTSE 100 yesterday after soaring gold prices gave its fourth-quarter results a boost.Gold sales for the quarter rose 25 per cent on last year to $145m (£90m), despite turbulent elections in the Ivory Coast hitting production at Randgold’s Tongon mine.The firm said the 23,400 ounces of gold produced at Tongon would have added $21.7m to annual profits. During 2010, Randgold produced 316,539 ounces of gold, or 35 per cent less than 2009. But Randgold’s pre-tax profit for the last three months of 2010 was $50m, up 43 per cent compared to last year, on revenues of $144.8m. The price of gold rocketed from less than $1,100 per ounce to more than $1,400 in 2010, as investors piled into what is seen as a safe asset. Randgold expects to produce up to 790,000 ounces in 2011, representing a 70 per cent increase on last year. The firm also hopes to press ahead with expanding its Loulo mine this year, having brought in experienced engineer Ted de Villiers to oversee new underground exploration at the site in Mali. Overall, costs during the quarter rose 13 per cent over the year due to difficulties at the flagship Loulo mine, including power cuts and higher transportation costs.“Loulo had its share of problems in 2010 but its total production of 316,539 ounces for the year was in line with management’s updated forecast,” said chief executive Mark Bristow. Randgold shares closed up 2.6 per cent at £51.10 yesterday. Tags: NULLlast_img read more

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Zurich profit slips 13 per cent

first_img Zurich profit slips 13 per cent Insurer Zurich Financial Services saw its 2010 profit fall 13 per cent to $4.9bn (£3.04bn) from $5.54bn in 2009, as catastrophe claims rose and it paid one-off costs in Russia and the US. Zurich, which wrote premiums of $33.1bn in 2010, made $3.45bn net profits, in line with market forecasts, and increased its dividend six per cent to SwFr17 (£11). But S&P analyst Tony Silverman downgraded his 2011 income forecasts by four per cent, saying he saw little potential for share price rises despite its effort to improve its non-life underwriting. whatsapp KCS-content Share whatsapp Show Comments ▼ Thursday 10 February 2011 8:36 pm More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.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.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMark Eaton, former NBA All-Star, dead at 64nypost.com Tags: NULLlast_img read more

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Sir John prolongs his stay in the City with mining role

first_img whatsapp Sir John prolongs his stay in the City with mining role whatsapp Monday 7 March 2011 9:24 pm 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’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 WrapKatt Williams Explains Why He Believes There ‘Is No Cancel Culture’ inThe Wrap SIR John Bond, one-time chairman of HSBC and outgoing chairman of Vodafone, hopes to extend his stay in the FTSE 100 after agreeing to chair mining group Xstrata. Sir John, aged 70, has wasted no time, joining Xstrata’s board as a consultant with immediate effect ahead of his departure from Vodafone in July.Sir John will eventually replace Willy Strothotte, the Glencore chairman who retires from the Xstrata chair at an AGM on 4 May. But even if Sir John’s tenure is cut short by a Glencore merger deal, he has plenty to share with the firm in the meantime.Bond has a wealth of ties to China, one of Xstrata’s fastest-growing customers, thanks to more than 40 years at HSBC and involvement with the China Development Forum and the Tsinghua School of Economics and Management. He began his career in a Hong Kong branch of HSBC at 21, becoming chief executive in 1993 and chairman in 1998. He joined Vodafone in 2006. Share KCS-content Show Comments ▼ Tags: NULL last_img read more

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Slowdown in sales growth at Sainsbury’s

first_img 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 AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald Share More From Our Partners UK teen died on school trip after teachers allegedly refused her pleasnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comConnecticut man dies after crashing Harley into live bearnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com SAINSBURY’S said yesterday that its sales growth was slowing with fears over the economy draining consumer confidence. Chief executive Justin King said that the company was performing well considering the challenges facing retailers. Like-for-like sales for the fourth-quarter were up by one per cent, below market expectations, and against growth of 3.6 per cent in the previous quarter.Like-for-like sales in the full-year to 19 March, excluding fuel, were up 2.3 per cent.King said that there had been an almost overnight change in the way people shopped, with customers typically buying one item less on their weekly visit to a supermarket. He said that although that figure seemed insignificant it represented a massive change. “These changes usually take years but this has happened overnight.”In an overview of the economy he warned: “I do not see that customer sentiment will change in the near future.” King said that fuel rises had taken a heavy toll on customers who were trying to rein in their spending.Meanwhile sales of non-food items are still growing at three times the rate of food, the UK’s third-largest supermarket chain said. The sales slowdown follows a strong Christmas. whatsapp Wednesday 23 March 2011 8:12 pmcenter_img whatsapp KCS-content Show Comments ▼ Slowdown in sales growth at Sainsbury’s Tags: NULLlast_img read more

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