Virgin pilots hit out over days off

first_img Show Comments ▼ Share whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyBetterBe20 Stunning Female AthletesBetterBeCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy Fanautooverload.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 Blvd KCS-content whatsapp Virgin pilots hit out over days off center_img Virgin Atlantic pilots have warned the firm’s managers not to push them as the two sides meet in last-ditch talks over working hours. The pilots are claiming Virgin has reneged on a deal allowing them a minimum number of scheduled days off every year. Under the rota they currently work under they receive the same number of days off as an office worker but when the days fall is not easily predictable. The union representing the pilots has not called a vote on what action it is willing to take but has not ruled out striking. Sunday 22 August 2010 10:28 pm More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller 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.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com Tags: NULLlast_img read more

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Tui gains from collapse of smaller rivals

first_img KCS-content Tui gains from collapse of smaller rivals Share TUI Travel yesterday released what an analyst described as a “real humdinger” of a trading statement for August and September as it took advantage of the collapse of some of its smaller rivals.Europe’s largest travel firm said holiday bookings for winter and next summer were encouraging and said net debt should fall by more than it expected.Chief executive Peter Long said holidaymakers were seeking the security of a major tour operator after the failure of a number of smaller operators and airlines earlier this year, claiming: “We have benefited from this flight to quality.”British travel companies that have collapsed, leaving thousands of passengers stranded, include Kiss Flights, Goldtrail and Sun4U.TUI said winter sales in the UK were up 17 per cent compared with the previous year, while summer 2011 booking volumes were up five per cent in the UK and up 18 per cent in the Nordic region, the two markets it currently has on sale.The company said its summer 2010 programme, which runs to the end of October, was almost fully sold after a surge in late bookings.After warning on profit in August, TUI Travel maintained guidance for the year. Analysts are predicting full-year profits for Tui of £269.5m on sales of £13.4bn. Show Comments ▼ Tuesday 5 October 2010 7:56 pmcenter_img whatsapp 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 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 More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA 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.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Tags: NULLlast_img read more

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StanChart and AgBank deepen JV

first_img Tags: NULL StanChart and AgBank deepen JV whatsapp Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe 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 whatsapp Agricultural Bank of China (AgBank) and Asia-focused lender Standard Chartered have deepened a strategic alliance under which the two banks plan to set up a joint venture, AgBank said yesterday.Earlier this year, Standard Chartered invested $500m (£315m) as a cornerstone investor in AgBank’s initial public offering in Hong Kong. AgBank, China’s third-largest lender by assets, had raised a combined $22.1bn from its dual-listing in Shanghai and Hong Kong in the world’s biggest ever IPO.The planned joint venture will provide support to China’s fast-growing small and medium businesses, AgBank said. Under the tie-up, AgBank will give priority to Standard Chartered as its partner for its trade and cash management businesses. The two banks will also kick off a collaboration for cross-border business. A strategic alliance team had been set up to implement those plans, the Chinese lender said. No financial details of the planned joint venture were given. center_img KCS-content 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 Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe 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 Monday 18 October 2010 7:26 pm Show Comments ▼ last_img read more

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Government launches junior ISA for children

first_img Government launches junior ISA for children Tags: NULL Share whatsapp THE government yesterday said it would introduce a new tax free savings account for children, to replace the child trust fund it scrapped when it came into office. Funds in the so-called “Junior ISA” will be deposited by parents, but the account will be owned by the child and will be locked until they reach adulthood. The accounts are expected to be available from autumn 2011. Investments can be made in both cash and stocks and all returns will be tax free, but annual contributions will be capped. The government has not yet decided the annual contribution cap, although Treasury sources indicated it would likely be the same as that for an adult individual savings account (ISA).In 2011-12, adult investors will be able to put £10,680 in an ISA, after the limit rose by £480 in line with inflation. Unlike the child trust fund, which will be scrapped in January 2011, the government will not make any contributions to the account. Mark Hoban, financial secretary to the Treasury, said: “The introduction of this new account means that we can still offer people a clear way of saving for their children, while saving the half a billion pounds a year that we currently spend on Child Trust Funds.” Show Comments ▼center_img KCS-content Tuesday 26 October 2010 8:34 pm 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 last_img read more

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Bankers face a 90pc bonus tax

first_img IRISH finance minister Brian Lenihan said yesterday he would impose a 90 per cent tax on bankers’ bonuses, in a move to try to silence critics who have said the banking sector drove Ireland into the ground.“I do propose to introduce the amendment to the finance bill to put this matter beyond any doubt and provide a high rate, a 90 per cent rate of charge on any…bankers’ bonuses,” Lenihan said. Lenihan was referring to a bill which is expected to be ruled on early next year. Bankers face a 90pc bonus tax whatsapp Thursday 9 December 2010 8:34 pm Share Show Comments ▼ KCS-content 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 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 Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe 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 WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap Tags: NULLlast_img read more

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City views: Would you use a tablet PC at work?

first_imgWednesday 12 January 2011 8:15 pm whatsapp KCS-content whatsapp DAVID HARPER | LEISURE PROPERTY SERVICES“I don’t own an iPad – I don’t know what they offer me that improves on a laptop at the moment. They are still seen as something of a toy, and quite an expensive one at that.JAMES INGRAM | FIDESSA GROUP“I don’t have a tablet, although the iPad in particular is a lovely piece of kit. But it doesn’t have a standard interface to use Windows products or even a keyboard, so it’s no good for work.”CHRIS CLARK | CREDIT RISK CONTRACTOR“I have an iPad, but it’s purely for personal use. It seems like a wasted opportunity for Apple – mine doesn’t even have a USB dock. I can see how tablets could be useful for business, but the iPad isn’t.”RateSetter.com-the new way in peer to peer financewww.RateSetter.com Customer Phoneline: 08442490115 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 HeraldAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definitioncenter_img City views: Would you use a tablet PC at work? Share 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 Wrap Show Comments ▼ Tags: NULLlast_img read more

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Property prices rise 0.3 per cent

first_img Show Comments ▼ Sunday 16 January 2011 10:59 pm Property prices rise 0.3 per cent Share 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 AthletesBetterBeAlphaCute30 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 Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe 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 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 WrapThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrapcenter_img whatsapp A drop in the number of new homes coming onto the market helped property asking prices rise in January for the first time in three months, according to property website Rightmove. However January’s 0.3 per cent rise was tiny in comparison with the declines seen in the final two months of last year. Asking prices fell 3.0 per cent in December and 3.2 per cent in November. Year-on-year prices are up 0.4 per cent, unchanged from December. The number of properties coming to market is the lowest in two years. KCS-content whatsapp Tags: NULLlast_img read more

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BEST OF THE BROKERS

first_img NOKIAStandard & Poor’s Equity Research has moved the mobile maker from “strong buy” to “hold” and downgraded the target price to €8 from €9 as it feels its board has limited strategy options against competitors such as Apple’s iPhone and Google’s Android. The broker says Nokia’s operating systems lack exciting apps and it should invest less in developing the platforms.OLD MUTUALGoldman Sachs rates the savings and investment group a “buy” with a 162p target price as it offers new opportunity following a strategic shift back towards insurance and is now undervalued. It offers inexpensive exposure to South Africa, has virtually no European sovereign debt exposure and the impending sale of its banking arm Nedbank should clarify its market position.TESCOEvolution Securities rates Tesco a “sell” as its performance is deteriorating and it is losing strategic position. The broker believes it should initiate a hefty price war when new chief executive Philip Clarke takes over, to reposition itself in the market and end the current store expansion drive in the sector. Tesco is likely to win a price war and should be the first mover, it says. BEST OF THE BROKERS KCS-content whatsapp Share Wednesday 19 January 2011 7:07 pmcenter_img 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 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 WrapThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap whatsapp Show Comments ▼ 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 AthletesBetterBeAlphaCute30 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 Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com Tags: NULLlast_img read more

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Global output rises at a record speed

first_img Global output rises at a record speed Tuesday 1 February 2011 8:43 pm Show Comments ▼ whatsapp whatsapp Sharecenter_img MANUFACTURING around the world surged powerfully ahead last month, but inflationary pressures also picked up speed heightening fears that central banks would be forced to begin hiking interest rates. Britain’s closely watched Markit/CIPS monthly purchasing mangers’ index rose to 62 for the first month of 2011, up from 58.7 in December – the highest reading since the survey began in 1992. The PMI has remained above the 50.0 mark that marks expansion from contraction throughout the past year-and-a-half boosted by a 25 per cent fall in the pound.The rise, higher than economists had expected, shows that manufacturing is growing at an annualised pace of 2.5 per cent a year, according to Capital Economics. “It brings forward the risk of a rate rise sooner rather than later, and brings February into play as a possibility,” said Ross Walker, economist at RBS.But economists yesterday said that the equivalent PMI data for the services sector on Thursday – which accounts for 75 per cent of GDP compared to the manufacturing’s 13 per cent – would be the key consideration for the BoE. Meanwhile, data from the US showed its manufacturing sector grew at its fastest pace in nearly seven years in January, The Institute for Supply Management’s key index climbed to 60.8 in January, the highest reading since May 2004 and well above analysts’ expectations, while its employment index reached its highest level since April 1973. In Europe, the Markit Eurozone Manufacturing Purchasing Managers’ Index (PMI), which records manufacturing activity across all the major euro area economies, rose to 57.3 in January from 57.1 in December.In China, official PMI fell to a five-month low in January, but was likely distorted by the closure of factories ahead of China’s Lunar New Year. More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.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.comKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com KCS-content Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeHealthyTed Health Magazine10 Surprising Benefits of Bananas You Possibly Didn’t Know AboutHealthyTed Health MagazineUndoAll Things Auto | Search AdsNew Cadillac’s Finally On SaleAll Things Auto | Search AdsUndoTaonga: The Island FarmAdvertisement The Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndoForge of Empires – Free Online GameIf You Like to Play, this City-Building Game is a Must-Have. No Install.Forge of Empires – Free Online GameUndoElvenarAdvertisement If You Need to Kill Time on Your Computer, this Fantasy Game is a Must-Have. No Install.ElvenarUndoAll Things Auto | Search AdsNew Acura’s Finally On SaleAll Things Auto | Search AdsUndoPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryUndoBest Selling Grills | Search AdsTraeger Blaze & American Grills On SaleBest Selling Grills | Search AdsUndoHero WarsBig Boss of internet games!Hero WarsUndo Tags: NULLlast_img read more

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Gold prices boost profit at Randgold

first_img whatsapp 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. Gold prices boost profit at Randgold Monday 7 February 2011 8:57 pm Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily 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 ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily Proof KCS-content center_img Show Comments ▼ 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 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 AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com Tags: NULL Share whatsapplast_img read more

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