first_imgWednesday 1 September 2010 8:54 pm whatsapp KCS-content Show Comments ▼ Apple last night launched a revamped on-demand TV service it hopes will help it smash into the online rental market.Apple TV allows users to rent episodes of hit US shows like Glee for as little as 99¢ (64p) and play them through their TV. The device could catapult Apple into a market currently dominated in the UK by firms such as Sky, Virgin and the BBC.It announced tie-up deals with ABC and Fox, with Steve Jobs saying he expects other major content producers to jump on the bandwagon soon.The release is a shift in strategy for Apple, which has previously allowed users to buy, rather than rent, TV shows. To date it has sold 450m episodes, compared to 11.7bn songs downloaded from its iTunes platform.It is the second incarnation of the product, the first released to critical acclaim but public apathy in 2006.The new version is sleeker and just a quarter of the size. But the main difference is a steep drop in the price from $229 to just $99, with a pricetag of £99 in the UK.Apple chief executive Steve Jobs said: “This tiny, silent box lets users watch thousands of HD movies and TV shows, and makes all of their music, photos and videos effortlessly available on their home entertainment system.”Analysts told City A.M. the low price suggests Apple is more interested in breaking into the market than generating serious revenue through the device.It is also unlikely that Apple TV will be able to dominate viewing habits in the same way it has revolutionised the way we consume music.Ian Maude of Enders Analysis said: “This will take some business away from the big TV players. It is part of a slow shift towards paid-for content so that will chip away at the BBC and ITV.“But it is in more direct competition with Sky and Google [which launched a new TV service earlier this week]. It is a very long-term game. At the moment on-demand rentals is a very small market. It’s also a very competitive one and it will be difficult to take customers from the big players, especially as it only has deals with two partners. There is absolutely no chance of Apple becoming dominant in the TV market – it is about chipping away at its rivals.”Apple announced a host of other products, including a new range of iPods. It will also release a new version of iTunes which will feature a social networking feature described by Jobs as “iTunes meets Twitter and Facebook.” whatsapp Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeAll Things Auto | Search AdsBuick’s New Lineup Is Truly StunningAll Things Auto | Search AdsHero Wars This game will keep you up all night! Hero Wars SmartAnswers.netThis New Volkswagen SUV Is The Car Of Your Dreams.SmartAnswers.netOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save ThousandsThe No Cost Solar ProgramBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver Health TV wars loom as Apple takes aim Tags: NULLlast_img read more

first_img 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 PastUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndoDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndoWorld LifestyleCouple Has No Idea Why Photo Goes Viral, Then They Notice This In The CornerWorld LifestyleUndo KCS-content whatsapp Tags: NULL Tuesday 21 September 2010 8:09 pm Top Obama adviser quits to take up role at Harvard center_img WHITE House economic adviser Larry Summers has announced plans to leave his job by the end of the year, marking a major staff shake-up as President Barack Obama struggles to get the economy back on track.Summers said in a statement released by the White House that he was looking forward to returning to his teaching job at Harvard University and Obama said he would continue to seek Summers’’ counsel on an informal basis.A former Treasury secretary known for his outspokenness, Summers brought years of experience in economic policymaking to his job as director of the White House National Economic Council. whatsapp 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 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 ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Sharelast_img read more

first_img Losing talented staff costs UK £42bn a year Sunday 3 October 2010 10:19 pm whatsapp whatsapp UK EMPLOYERS are facing an annual £42bn bill to replace top talent, while almost a quarter of employees are looking for a new job because of insufficient pay. According to new research from audit giant PricewaterhouseCoopers (PwC), the cost of replacing a competent member of staff equals roughly a year of that person’s salary – on average £25,000 – for each company.The figure reflects the costs associated with lost skills and productivity, replacement charges and training of new recruits.Twenty-four per cent of the 1,148 workers polled by PwC said they were either looking or intend to look for another job because pay is insufficient. “Companies often vastly underestimate the financial benefits of retaining existing employees… Many employees who sat tight during the downturn may now be looking for new opportunities elsewhere,” said Richard Phelps at PwC.Meanwhile, more workers are quitting their jobs in the UK compared to other mature economies, with annual resignations averaging 10.4 per cent. That figure is seven per cent in the US and five per cent in both France and Germany. 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 PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity 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.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times 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 Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe 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 Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrapcenter_img Tags: NULL KCS-content Share Show Comments ▼last_img read more

first_img NICK LAWTON | FDM GROUP“Since the Tube workers have abused the right to strike for so long, the Mayor has a point. These lot are making a joke of it by striking on a regular basis.”SAM DAVYSON | THREADNEEDLE“No, I don’t think Boris has a point. It’s a good thing that the workers feel they have a right to strike. The Mayor should listen to what they want. I understand their cause – they want to keep their jobs.”GARY SHERWIN | BEGBIES TRAYNOR“People should have the right to strike and I agree with it in principle. But my opinion is that Tube workers exercise the right to strike more than others and that right does get used as a form of blackmail.” whatsapp Monday 4 October 2010 9:04 pm 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 PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity 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.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times 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 Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe 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 Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap CITY VIEWS: IS BORIS RIGHT? SHOULD STRIKES BE STOPPED? center_img Share KCS-content whatsapp Show Comments ▼ Tags: NULLlast_img read more

first_img Show Comments ▼ whatsapp Tuesday 26 October 2010 8:04 pm KCS-content THE Irish government has doubled the amount of money it reckons is needed to bring the country’s deficit under control to €15bn (£13.1bn) over the next four years.That is twice the level outlined in last year’s budget.“The key reasons for the significant increase from the figure announced in the 2010 budget are lower growth prospects both at home and abroad and higher debt interest costs,” the government said in a statement sent via e-mail yesterday.The announcement followed two days of cabinet discussions on how Ireland can get the worst budget shortfall in Europe back within a limit of three per cent of gross domestic product (GDP) by 2014. Further details will be set out in a four-year plan next month.Speaking to national broadcaster RTE, Minister for Justice Dermort Ahern said the €15bn figure was based on a projection of average growth of 2.75 per cent per year over the next four years.“It’s based on the fact growth both internationally and domestically is no longer going to be as good as what we expected this time last year,” he said.Finance minister Brian Lenihan forecast growth of 3.3 per cent for 2011 when he unveiled the 2010 budget. But economists polled by Reuters expect 2.8 per cent and the central bank has said its forecast of just 2.4 per cent is in danger of being trimmed.Ahern said the government has yet to decide what proportion of the cuts would be front-loaded into 2011. Share whatsappcenter_img Ireland doubles its budget target to €15bn as outlines push for austerity 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 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 Famous, Now She Works In {State}MoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndo Tags: NULLlast_img read more

first_img Show Comments ▼ BORROWING costs for Dublin and Lisbon jumped yesterday after investors were spooked by EU plans to force bondholders to share in the pain in the event of another sovereign debt crisis. Last week, EU leaders signed up to German chancellor Angela Merkel’s plan to deal with any repeat of Greece’s debt crisis, which stipulates that bondholders must share in any losses. At the time, Jean Claude-Trichet, president of the European Central Bank, warned that the proposed system would see borrowing costs jump, as creditors passed on the added risk to borrowers. Yesterday’s movements in the bond markets suggest he was right. Ireland saw the premium it pays over German bunds rise to 4.67 per cent, while the yield on its 10-year bonds reached 7.14 per cent, a rise of 0.22 points. Portugal saw its yield rise 0.16 per cent to 6.11 per cent, while borrowing costs for Greece and Spain also ticked up. However, credit rating agency Moody’s said Portugal, Greece and Ireland were likely to avoid sovereign bond defaults thanks to strong demand from local investors. KCS-content Share Yields on Irish and Portuguese bonds jump after bailout plans 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 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.comReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterBeach RaiderSee The Woman Bradley Walsh Is Dating At 61Beach Raidercenter_img 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.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.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.org whatsapp Monday 1 November 2010 9:33 pm whatsapp Tags: NULLlast_img read more

first_img Show Comments ▼ KCS-content More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.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.orgRussell 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.org Tags: NULL Share whatsapp FSA faces calls to publish details of investigation into RBS and Goodwin center_img Sunday 5 December 2010 11:32 pm 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 PastPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodaySerendipity 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’Definition THE Chancellor is considering changing a law which the Financial Services Authority (FSA) has blamed for preventing it from publishing the findings of its investigation into Royal Bank of Scotland (RBS) and its former chief executive Sir Fred Goodwin.George Osborne could announce an investigation into the Financial Services and Markets Act (FSMA) as early as this week after the FSA said the law prevented it from publishing the details of its joint investigation with PricewaterhouseCoopers (PwC) into the actions of RBS in the lead up to the financial crisis two years ago. Osborne is believed to be keen to act before the FSA completes it investigations into toxic loans at HBOS and the collapse of Bradford & Bingley for fear they may be subject to the same restrictions. The regulator says the FSMA allows it to only publish details of investigations which result in it taking enforcement action against an individual or company. In the case of RBS the regulator found both the bank and Sir Fred innocent of any specific wrongdoing. As a result, the FSA says, it must seek the permission of those who were the subject of its investigations before it can go ahead and publish the report. But this weekend Goodwin’s friends suggested he would have no objection to publication of the FSA findings. Goodwin himself has refused to comment on the issue.The Treasury meanwhile issued a simple statement claiming that whether to publish the report or not was a “regulatory matter.” Since the findings were announced last week the FSA has come under pressure to publish, as have Osborne and Business Secretary Vince Cable. whatsapplast_img read more

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 ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNight DailyHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeNight DailyThe Sports DropForgotten College Basketball Stars: Where Are They Now?The Sports DropJournalPregnant Woman Takes a Nap – You Won’t Believe What She Discovered When She WokeJournalBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesTaco RelishOnly People With An IQ Of 130 Can Name These ItemsTaco RelishUpbeat NewsThese 25 Celebrities Ruined Their Career in a Matter of MinutesUpbeat NewsMoney VersedWoman Shares The 5 Words She Said That Left Her Boyfriend In AweMoney Versed EMERGING markets specialist Ashmore Investment Management has won US regulatory approval to market five funds in the United States, aiding efforts to broaden its global client base.The five funds will invest in local currencies, as well as sovereign and corporate emerging market debt, the investment manager said yesterday.“There is growing demand among US investors for emerging markets exposure with a clear trend towards the need for daily liquidity and transparency,” Christoph Hofmann, Ashmore’s global head of distribution, said in a statement.Ashmore’s funds are registered with the US Securities and Exchange Commission (SEC) and will initially be available through an institutional share class.Next year, Ashmore plans to offer additional retail share classes, subject to further regulatory approvals, extending access to retail investors and high-net-worth individuals through private banks and broker-dealers.The company wants to broaden its client base and to grow the high-net-worth and retail business in particular. Ashmore chief executive Mark Coombs said. “Our entry in to the broader US investment market furthers this goal,” he said.The five funds to be offered in the US are the emerging markets corporate debt fund, the emerging markets local currency fund, the emerging markets local currency bond fund, the emerging markets sovereign debt fund and the emerging markets total return fund. whatsappcenter_img Share Thursday 16 December 2010 7:47 pm Show Comments ▼ Ashmore in transatlantic funds push Tags: NULLlast_img read more

first_img Show Comments ▼ Wednesday 5 January 2011 6:18 am 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 ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof whatsapp John Dunne Corporate profitability rose to an 18-month high in the third quarter of 2010, helped by manufacturers and oil producers, official data showed. The Office for National Statistics (ONS) said the net rate of return by private non-financial corporations rose to 11.9 between July and September from 11.6 per cent between April and June. It was the best reading since the first quarter of 2009.For manufacturers, the net rate of return rose to 8.7 per cent from 7.5 per cent while for service companies it fell to 13.9 per cent from 14.7 per cent.Companies based on the Continental Shelf where Britain’s offshore oil and gas industry is located saw profitability rise to 44.8 per cent – the highest rate since the last quarter of 2008 – from 39 per cent. Tags: NULL Corporate profitability hits 18-month high Share whatsapplast_img read more

first_img Share KCS-content whatsapp THE Tchenguiz family trust is finalising a debt-for-equity swap with Bank of America Merrill Lynch that will see the bank take a major stake in UK property management firm Peverel.The US lender, which owns an estimated £100m of Peverel debt, may acquire a controlling stake. The stake size and deal structure have been under discussion for more than a month, sources told City A.M. The move is designed to reduce Peverel’s interest payments, which are barely covered by its annual £11m pre-tax profit. whatsapp Tchenguiz trust to cede Peverel stake center_img Tags: NULL Show Comments ▼ 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 PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndo 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 ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Thursday 6 January 2011 8:58 pmlast_img read more