Tax boss leads race for top job at Deloitte

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Georgia bishop announces retirement plans, calls for a successor

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Business community BBX UK launches Sparetember to benefit charities

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Chinese consortium to bid for AIA stake

first_img John Dunne Chinese consortium to bid for AIA stake More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comWhy people are finding dryer sheets in their mailboxesnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.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.com whatsapp Tags: NULL Show Comments ▼center_img A consortium of leading Chinese companies including Industrial and Commercial Bank of China China Life Insurance, plans to bid for a 30 per cent stake in American International Group’s Asian life insurance business, AIA, the 21st Century Business Herald has reported.That would mean an investment of about $10bn (£6bn) based on AIA’s estimated $30bn value, which was what British insurer Prudential Plc last agreed to pay for AIA before its bid collapsed earlier this year.Bailed out insurer AIG is planning to list American International Assurance (AIA) on the Hong Kong stock exchange later this year, which could raise about $15bn.AIG was set to name Citigroup, Deutsche Bank AG, Goldman Sachs Group Inc and Morgan Stanley as joint global coordinators for the IPO, sources told Reuters.Other members of the consortium include Cinda Asset Management Fosun Group, Hony Capital (an investment arm of Legend Group, parent of Lenovo Group (0992.HK)), and Alibaba.com Ltd , according to the newspaper. Share whatsapp Monday 16 August 2010 3:00 am by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldBetterBe20 Stunning Female AthletesBetterBeTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionYeah MotorCheck Out These Trucks, 20 Restorations That Nailed ItYeah MotorAll Things Auto | Search AdsMost Affordable Camper VansAll Things Auto | Search Adszenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funnylast_img read more

Temasek hires BoAML high-flyer

first_img Temasek hires BoAML high-flyer Show Comments ▼ Thursday 19 August 2010 8:44 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading BlvdTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Singaporean investment group Temasek has hired Gregory Curl a former top executive at Bank of America Merrill Lynch to oversee its holdings in the US. Curl retired from the bank in March but was respected for his work on its investments in China. He is one of several high profile hires in recent months as the group reshuffles staff in the wake of its unsuccessful attempt to appoint its first foreign boss last year. Former BHP Billiton head Charles Goodyear left after disagreements over strategy. whatsapp Sharecenter_img 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 whatsapp KCS-content Tags: NULLlast_img read more

Morrison sales in slim rise

first_imgThursday 4 November 2010 3:50 am Morrison sales in slim rise Show Comments ▼ John Dunne whatsapp Share Wm Morrison Supermarkets met forecasts with a modest rise in third-quarter underlying sales as the benefits from a small rise in food price inflation were held back by subdued consumer spending.Britain’s fourth-biggest grocer said sales at stores open over a year rose 1.3 per cent, excluding petrol and VAT sales tax, in the 13 weeks to 31 October. That was up from one per cent in the second quarter.“In a continuing difficult environment for the consumer, performance in the third quarter has been in line with our expectations. Accordingly our financial outlook for the year remains unchanged,” the firm said.Morrison’s has outperformed sales growth at bigger rivals Tesco Asda and J Sainsbury in recent years as it recovered from the botched acquisition of Safeway in 2004 and customers responded to its mix of low prices, fresh food counters and innovative promotions.But it has recently slipped behind Sainsbury, hit by a steeper economic downturn in its heartlands in northern Britain and by a trend towards affordable luxury foods, which has favoured more premium players.Some analysts are also concerned that Morrison’s lacks the diversity of its rivals, although new chief executive Dalton Philips announced plans in September to test convenience stores and selling over the internet next year. center_img 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 WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe 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 Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailThe Sports DropForgotten College Basketball Stars: Where Are They Now?The Sports DropMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUpbeat NewsThese 25 Celebrities Ruined Their Career in a Matter of MinutesUpbeat NewsElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldMoney VersedWoman Shares The 5 Words She Said That Left Her Boyfriend In AweMoney VersedZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald last_img read more

Housebuilder warns of mortgage famine

first_img whatsapp whatsapp Tags: NULL Thursday 4 November 2010 10:21 pm Show Comments ▼ NUMBERS of house sales will continue to drop even lower and the UK is at risk of a “mortgage famine” unless the government acts to boost the market by helping buyers to take out loans, said the housebuilder Redrow yesterday as it announced its third quarter results.“Deliberately suppressing housing demand at the very time that the country has a chronic housing shortage is laying the foundations for the next boom/bust cycle,” said the firm’s chairman Steve Morgan. “The way to end the cycle of boom and bust is to increase the supply of new homes to meet the demand by freeing up the supply of affordable mortgages. The regulators are going too far and the medicine risks killing the patient.” Despite the gloomy outlook about the industry, Redrow announced that private home sales in the financial year to date were nine per cent up on the same period last year at £133m and that the average house price went up 16 per cent to £174,000, which reflected the company’s launch of its Heritage Collection, estates of 1920s Arts and Crafts-style family homes that it has built around the country. Its shares closed up 2.9p at 112p on the news.Redrow said that although the economic climate has obviously affected the demand for houses the underlying demand remains strong. Morgan said that the firm was having to turn away potential purchasers who were not able to raise the deposit of 25 per cent or more. 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 WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe 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 Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrapcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal 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 TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryZen 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.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Housebuilder warns of mortgage famine Share KCS-content last_img read more

Tax boss leads race for top job at Deloitte

first_img KCS-content whatsapp Show Comments ▼ Tax boss leads race for top job at Deloitte Share Sunday 14 November 2010 11:02 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal 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 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 FollowAlphaCuteDirect HealthyKate Silverton’s PartnerDirect Healthythedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute Workout ONE of Deloitte’s lesser-known figures is in the running to become its top accountant as the search for a successor to the firm’s chief executive John Connolly reaches its final stages.David Sproul was appointed UK head of tax at the big four firm in 2006 and is now being tipped for the top job at Deloitte when Connolly steps down next year. He is one of two candidates for the role, the other being Martin Eadon, who serves on the firm’s executive committee.City A.M. understands Deloitte is about halfway through the recruitment process with Connolly’s successor due to be announced at the end of the month. The recruitment process sees the board taking “soundings” from its 700 partners over potential candidates for the role. That stage has been completed and both Sproul and Eadon must now make presentations to the board before a final vote of the firm’s partners takes place later in the month.Connolly is due to step down in May having served three terms as chief executive over more than a decade. The firm is now second only to PricewaterhouseCoopers in terms of the revenue it generates and Connolly is credited with having transformed the fortunes of firm since becoming chief executive in 1998 tripling profits during his tenure.He is currently Britain’s best-paid accountant with a remuneration deal worth around £5m annually.Sproul joined Deloitte in 2002 becoming managing partner for the firm’s advisory and consultancy practice after its take over of Arthur Anderson. He later became managing partner for talent before becoming UK head of tax in 2006. He also serves as Deloitte’s managing partner for tax in Europe, the Middle East and Africa for parent company Deloitte Touche Tohmatsu.Eadon is a managing director of Deloitte UK and a member of the Deloitte UK executive and board as well as a member of the Deloitte Touche Tohmatsu executive. He has been with Deloitte since 1980 and is a member of the UK Financial Reporting Review Panel.DAVID SPROULHEAD OF UK TAX DELOITTEDavid Sproul 51, has had a career spanning 30 years, starting at a small accountancy firm, Hays Allan, where he worked for four years before joining Arthur Andersen. He spent a large part of his career at Anderson, where he eventually led the firm’s UK Tax practice and then became managing partner of operations. In 2002, Andersen was taken over by Deloitte with Sproul, who was by now second in command at the troubled firm, in the unenviable position of having to tell some 1,500 of the firm’s employees their jobs were at risk ahead of the takeover.Later that year, he became managing partner for consulting and advisory services in the newly enlarged Deloitte UK, leading the consulting and financial advisory practice for two years before becoming head of talent and managing partner for tax in Europe, the Middle East and Africa (EMEA). In his role as head of tax for the EMEA region, Sproul helped launch an international tax centre of excellence in Dubai last year.Sproul’s position as one of the leading corporate tax specialists in the UK has added weight to the debate on the reform of the UK tax system, especially in terms of encouraging multinational businesses to remain in the UK. He has been quoted in the past as saying: “If you stand back and look at the UK economy, then it can’t be a good thing if the tax system is encouraging UK companies to leave, or non-UK companies not to establish in the UK.” whatsapp Tags: NULLlast_img read more

QE IS RIGHT FOR AMERICA, SAYS BULLARD

first_img whatsapp KCS-content QE IS RIGHT FOR AMERICA, SAYS BULLARD Quantitative easing boosts the economy, albeit “with a lag of six to 12 months,” according to the Federal Reserve’s James Bullard who was speaking in Washington DC yesterday. Bullard, who votes on the committee that controls US monetary policy, hit back at critics who accuse the policy of weakening the dollar and provoking inflation. Show Comments ▼ Thursday 2 December 2010 7:29 pm whatsappcenter_img More From Our Partners ‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comA 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.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity Timesmoneycougar.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 FollowAlphaCuteTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter Center Sharelast_img read more

CITY MOVES | WHO’S SWITCHING JOBS

first_img MonitiseMonitise, the mobile money firm, has appointed Sushovan Hussain (pictured) to the board as a non-executive director. Sushovan has worked at Autonomy Corporation and LASMO. In addition, Monitise has hired Peter Radcliffe as chairman of emerging markets. Currently a non-executive director, Radcliffe will move to the management side of the business to oversee the development of Monitise’s operations in Asia Pacific.HSBC Private BankHSBC has hired a new head of central and eastern Europe with the appointment of Alla Fedorova. Fedorova moves over from Merrill Lynch Global Wealth Management and will be leading the growth of the relationship team in his region. Previously, she has worked as managing director of Tilney Investment and she has 15 years’ experience in financial markets and investment management. Grosvenor Fund ManagementAs part of its expanding Asian operations, Grosvenor Fund Management has appointed Morgan Laughlin to the new role of managing director of the fund’s Asia Pacific activities. He will begin his new role in January 2011. Cushman & WakefieldCushman & Wakefield has made a senior hire to its UK retail team, appointing Chris Parfitt as a partner. He moves over from Centros and has formerly worked at PRUPIM. He will be working with Steve Morgan, James Merrett, Oli Christy and Will Grant on the southern retail team. Standard LifeStandard Life has appointed Mark Hesketh as UK finance director. He moves over from RBS where he was director of financial planning. Previously, he has worked at RBS Insurance.Allocate SoftwareRichard King, deputy managing partner of Ernst & Young, has joined the board of AIM-listed Allocate Software. His appointment will take effect from January.Syndicate Asset ManagementMark Chesire has joined the board of Syndicate Asset Management as a group director of sales. CITY MOVES | WHO’S SWITCHING JOBS Share Wednesday 8 December 2010 7:10 pm whatsapp 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.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.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comWhy people are finding dryer sheets in their mailboxesnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgPuffer fish snaps a selfie with lucky divernypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com Show Comments ▼ whatsapp Tags: NULL KCS-content last_img read more

Printer needs Indians to fight French

first_imgMonday 13 December 2010 9:07 pm Share whatsapp KCS-content Printer needs Indians to fight French More From Our Partners 980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.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.com Tags: NULL Show Comments ▼ whatsapp DE LA Rue is used to being a target. During the 1940s blitz, it was bombed by the Luftwaffe; Harold Wilson rode to its rescue in 1968 by blocking a takeover from Rank; now it is the French who have the firm in their sights. Of course, populist politicians will side with the company’s management, which has dismissed Oberthur’s offer as derisory. Losing Cadbury to Kraft was bad enough, they mutter, but the French printing British banknotes? Quelle horreur! However, a significant number of investors – already irked by management’s decision to keep the approach under their hat for four whole weeks – completely disagree. Oberthur’s 905p-a-share offer probably doesn’t reflect the company’s true value, nor its technical expertise, but some analysts say it isn’t a million miles away. To be fair, it is awfully difficult to put a price tag on De La Rue. How do you value a firm has lost its biggest customer, the Indian government, at least for now? Last month it announced a halving in six-monthly profits to £23.8m and a 20 per cent reduction in revenues to £209m.Unless the Indian government moves quickly to show it still trusts De La Rue – and speed is not its strong point – some investors might prefer not to wait and see. Try as it may, the firm’s management is not in a position to play hard to get. Analysts at UBS say De La Rue is wrong to sniff at the 905p-a-share offer. If management can bid ‘em up, says the broker, then we could have a deal. Until then, the banknote printer needs to enlist the Indians to help it fight the French. last_img read more

Strong order book and growing cash positions put Balfour Beatty on target

first_img KCS-content CONSTRUCTION firm Balfour Beatty is on target to meet its 2010 performance targets, the company said in a trading update yesterday. Balfour said that both its cash reserves and order book were in a strong position, with average cash in the second half of 2010 up to £400m from £342m the year before. The company’s year-end results will include figures from professional services for the first time, following its acquisition of infrastructure management firm Parsons Brinckerhoff in October 2009. The new sector is expected to exceed predictions despite ongoing delays to projects that are dependent on the reauthorisation of the Highways Bill in the US. Despite “no discernable recovery” in weakened parts of the UK’s construction industry, Balfour Beatty said its construction services division continued to perform well, citing good operational performance and tight cost control as contributing factors. Revenues were affected in the support services sector, but the company was optimistic that new tenders won would help a return to expected numbers soon. Show Comments ▼ Strong order book and growing cash positions put Balfour Beatty on target Thursday 13 January 2011 7:40 pm Read This Next’Pose’ Creator Steven Canals on Life After His Groundbreaking Show: ‘I’mThe Wrap’The Boys’ Star Aya Cash Took Inspiration From YouTube, TikTok and SteveThe WrapHow HGTV’s ‘Renovation Island’ Changed Bryan and Sarah Baeumler’sThe Wrap’Bridgerton’ Stars Phoebe Dynevor and Nicola Coughlan on Daphne andThe WrapBest Wine Gifts & Wine Accessories at Every PriceGayot’Hitman’s Bodyguard’s Wife’ Earns $17 Million 5-Day Opening as Box OfficeThe WrapFox News’ Mark Levin Says Capitol Riot Suspects ‘Would Be Treated Better’The WrapEverything We Know, or Think We Know, About the Time-Keepers on ‘Loki’The Wrap’The Crown’: What Went Into Finding Princess Diana and Margaret ThatcherThe Wrapcenter_img Tags: NULL Share whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald whatsapplast_img read more

Google promotes Page to chief

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 AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com Show Comments ▼ Google promotes Page to chief KCS-content whatsapp Thursday 20 January 2011 8:56 pm More From Our Partners Biden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.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.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comcenter_img Share whatsapp GOOGLE chief executive Eric Schmidt is to step down in April, handing over to co-founder Larry Page, the company said as it smashed earnings forecasts in “phenomenal” fourth quarter results yesterday.Schmidt will take the role of executive chairman, while Google’s other co-founder Sergey Brin will focus on strategic projects and new products. The switch is designed to “simplify” the company’s management structure and “streamline” decisionmaking, the company said.Page described Schmidt as “a tremendous leader”. “There is no other CEO in the world that could have kept such headstrong founders so deeply involved and still run the business so brilliantly,” he said.Schmidt said it had been “a great privilege” to be Google’s chief executive for more than a decade. “Larry is ready to lead and I’m excited about working with both him and Sergey for a long time to come,” he said.Chief financial officer Patrick Pichette told a conference call the results were “a phenomenal ending to a very good year at Google.”The search giant made $2.85bn (£1.78bn) profit, or $8.75 earnings per share, in the quarter excluding exceptional items, trouncing analysts’ forecasts of $8.09. Earnings per share were 16 per cent higher than the $6.79 made a year earlier, while revenues rose to $8.44bn, 26 per cent up on the $6.67bn made a year earlier. Pichette said Google was particularly proud of its cash accumulation, generating operating cash flow of $3.53bn in the quarter. Revenue from the UK market rose 14 per cent to $878m, from $772m the previous year. AT A GLANCE | GOOGLE’S RESULTSAdvert click-throughsUp 18 per cent year-on-year, and up 11 per cent on the third quarter.Cost charged per clickUp five per cent year-on-year and four per cent, higher than the third quarter.Operating income$3.38bn, up from $2.76bn a year earlier.Net income$2.85bn, up from $2.19bn a year earlier.Android300,000 new Android phones added per day, and searches on Android were up ten times year on year.Traffic Acquisition costsRose to $2.06bn from $1.72bn the previous year on an absolute basis – but fell as a percentage of revenue to 25.3 per cent, from 26.6 per cent the previous year. Tags: NULLlast_img read more