Monthly Archives: November 2011

London 2012: Olympic sport this week

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Taekwondo star Aaron Cook will be in action at the London 2012 test event MAJOR EVENTS THIS WEEK TAEKWONDO: International Invitational, ExCeL, London (3-4 December); Four weight categories will be contested in this 2012 test event: Male -68kg, Male -80kg, Female -49kg and Female +67kg. Follow British medal hopeful Aaron Cook (-80kg) on Twitter. JUDO: International Invitational, ExCeL, London (3-4 December); Around 100 athletes are expected for Read more [...]

Saudi corporate profits rise 24.6% to SR73.4 billion

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Eurasia Drilling eyes London premium listing

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By Katya Golubkova Mon Nov 28, 2011 1:37pm GMT LONDON Nov 28 (Reuters) - Russia-based Eurasia Drilling is aiming to become a premium-listed London Stock Exchange company, the latest in a line of Russian companies which are lured by deep liquidity and an ability to secure acquisition currency. Eurasia is Russia's largest drilling company, and services the country's multi-billion dollar oil and gas industry. "It's a goal for us but not a requirement," Read more [...]

Property Risks ‘Overshadow’ China Economic Outlook, OECD Says

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November 28, 2011, 11:22 AM EST By Bloomberg News Nov. 29 (Bloomberg) -- Property risks are “overshadowing” China’s economic outlook as a slowdown in sales threatens to trigger developer collapses, the Organization for Economic Cooperation and Development said. “While the exit of small developers would not pose a problem, the failure of large promoters could put some bank lending at risk, perhaps triggering Read more [...]

Hometrack: House prices to fall faster as sellers get realistic

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By Lee BoyceLast updated at 1:07 PM on 28th November 2011 House price falls were registered in 32 per cent of the country last month as the average property value dipped -0.2 per cent, according to Hometrack research, and it forecast the pace of decline will pick up in months ahead.The Hometrack Monthly National Housing Survey found that a combination of factors have resulted in house prices falling consecutively for the last 16 months and housing turnover in 2011 may be the lowest for 40 Read more [...]

Bristows, Carey Olsen secures CISX listing for litigation fund

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28 November 2011 | By Katy Dowell Email Share Comment Save Bristows and offshore firm Carey Olsen have advised new client Argentum Capital on its multimillion-pound listing on the Channel Islands Stock Exchange (CISX). The Jersey-based third party litigation fund aims to finance cases being heard in England and Wales. It comes after the Civil Justice Council agreed a ­voluntary code of conduct that all members of the newly formed Association Read more [...]

Businesses cruise more to meetings

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(CNN) -- Imagine sitting at a conference roundtable and being able to look out on the turquoise sea for inspiration. At lunch, you steal away to sunbathe on deck. That night, after a featured speaker presentation, you'll watch a cabaret. Tomorrow, you'll spend a few hours on Grand Cayman. This is what a corporate retreat should look like, some meeting planners say, and companies, large and small, are catching on. They're choosing cruises as venues for corporate meetings, events and conferences. Read more [...]

Park Place sale part 2

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A DEVELOPER has submitted plans to build on land around Britain’s most expensive home. Michael Spink sold Park Place and 40 per cent of the 500-acre estate on Remenham Hill for 140million in August. He had spent four years renovating and modernising the property, which is almost 300 years old and Grade II listed. The previous sale record was set when One Hyde Park in central London was sold for 136million earlier in the year. Now Mr Spink has submitted six separate planning Read more [...]