Trading houses: Veil slowly lifts on a secretive profession

The alarm clock rings and the day begins. From the moment the lights are switched on, hot water runs in the shower, breakfast is served, and, later, the car sets off on the daily commute, we consume dozens of commodities: power, natural gas, coffee, wheat, sugar and petrol.

Unawares, we use the services of the world’s largest trading houses, a cluster of publicity-shy companies that act as the link between producers and consumers of raw materials.

Rosemont HS Newsblast: Yearbooks, Free Vaccines, More

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Markets: FTSE 100 slumps on eurozone fears

17:00 - It was a bloodbath on the FTSE 100 (UKX) at the start of the week, as investors took their cure from fresh concerns in the eurozone.London's leading share index finished 112 points down at 5835, with John Wood Group (WG.) the heaviest faller, shedding over 5%.Meanwhile, only two companies, Capita Group (CPI) and Next (NXT), made it on to the winners' board.At a glance...CommoditiesGold: $1,512.80WTI crude oil: $96.50CurrenciesGBP/USD: Read more [...]

‘Valiant’ fire crews save listed Hilden mill

More than 60 firefighters tackled a blaze at the five floor Hilden Mill on Saturday afternoon.No-one was injured and the fire was brought under control, and DOE officials have been advised that the building - a Victorian textiles mill - appears to be stable."I commend the valiant efforts of around 60 firefighters to bring this fire under control and save these buildings," said minister Alex Attwood. "Their prompt response has ensured that the Hilden Mill complex - although damaged Read more [...]

How to make inherited historic homes work for you

The first restoration phase has made the roof watertight. The next aim is to create a space for himself, his wife, Dr Dinah Streifeneder, and their baby, Anthony, to move into by next year. He plans to generate an income stream so that it will be easier when it is Anthony's turn to inherit. "There is a change of mindset about how we run these places," he says. "Really creative people are doing interesting things with their historic houses." There is a whole new generation of Read more [...]

Global listed property to pay out: Morningstar

Global listed property strategies are likely to pay income distributions from 30 June, 2011; however, the risks of a fluctuating currency remain, according to Morningstar’s latest listed property funds sector review. Morningstar noted that global real estate investment trusts (REITs) did not suffer as much as their domestic counterparts during the global financial crisis. Although their asset values were reduced, rent defaults escalated and dividends were cut, Read more [...]

Restaurant building sale

Published on Mon May 23 07:18:39 BST 2011 A HISTORIC former police station which has become a popular Italian restaurant is going under the hammer tomorrow. The Grade II listed Park Lodge building, on Archer Road, Millhouses, is among the properties being sold by Blundells Auction House in Read more [...]

Political briefs for Horry, Georgetown counties

For more information, including meeting time, call 488-4237. Join Horry County Democrats for happy hour in Myrtle Beach, from 5 to 7 p.m. June 2 at the Anchor Cafe at Grande Dunes, 8121 Amalfi Place, near 82nd Parkway and U.S. 17 Bypass.There are happy hour specials for both food and drink.For more information, call Ian Guerin at 267-2177.Republicans The Leadership Institute is holding a Grassroots Activist School from 5:30 to 9 p.m. today at the Hilton Garden Inn, 2383 Coastal Grand Circle, Read more [...]