CYBG: is the newly listed challenger bank cheap for a reason?

By Ian Smith , 10 February 2016 A year ago, demerging and floating your UK banking operations no doubt appeared a fairly safe prospect. The market was enjoying a strengthening domestic economy and looking forward to increases in interest rates. TSB had made steady progress since its flotation as challenger banks flourished. By March, TSB would be snapped up by Spanish lender Banco de Sabadell at a price equivalent to its book Read more [...]

Gross bad loans of 6 listed PSU banks more than double their market value

MUMBAI: The market value of half a dozen state-owned banks that declared their results fell to less than half of their gross bad loans — an indication that their worth is way below their obligation to recover loans and repay depositors. Traders sold bank stocks on Wednesday, taking the BSE Bankex index to a 21-month low of 16,519.15. The market value of the six listed banks that reported earnings was a combined Rs 37,119 crore, while their collective share of gross bad loans was more than double Read more [...]

Room identical to Vincent Van Gogh’s Bedroom in Arles is listed on Airbnb

The position of the chairs and colour of the jug are identical to the paintingVibrant room is advertised online for just $10 (£6.80) a night for two peopleRental was created to promote the Institute's new exhibition in ChicagoBy Georgia Diebelius For Mailonline Published: 17:33 GMT, 10 February 2016 | Updated: 18:47 GMT, 10 February 2016 9 View comments Art Read more [...]

CYBG: is the newly-listed challenger bank cheap for a reason?

By Ian Smith , 10 February 2016 A year ago, demerging and floating your UK banking operations no doubt appeared a fairly safe prospect. The market was enjoying a strengthening domestic economy and looking forward to increases in interest rates. High street lender TSB had made steady progress since its flotation as challenger banks flourished. By March, TSB would be snapped up by Spanish lender Banco de Sabadell at a price equivalent Read more [...]

Downwell Confirmed For PS4 And PS Vita, Listed For 2016

By Chris Priestman . February 9, 2016 . 5:30pm Back in December, publishing label Devolver Digital showcased Ojiro Fumoto’s gunboots platformer Downwell running on PlayStation Vita. It was a tease.   Now, however, PlayStation Japan has confirmed that Downwell is heading to PlayStation 4 and PS Vita in 2016. It’s even featured in a new trailer (above) of indie games coming to PlayStation this year.   An exact time frame for Downwell’s arrival on PlayStation platforms isn’t yet known. Read more [...]

NFL Owner Stan Kroenke Buys Texas Mega-Ranch Listed for $725 Million

Stan Kroenke, the billionaire owner of the NFL’s Rams, has agreed to purchase the historic W.T. Waggoner Estate Ranch in Texas, representatives of the ranch said on Tuesday. Terms for the purchase of the more than 520,000-acre estate were not disclosed. The ranch had been listed with an asking price of $725 million.District Judge Dan Mike Bird in Vernon, Texas, allowed the family owners of the Waggoner Ranch to proceed in a private transaction with Kroenke, one of the wealthiest owners in Read more [...]

Nearly 10000 Amsterdam homes listed on Airbnb

Business Netherlands Nearly 10,000 Amsterdam homes listed on Airbnb A massive 9,700 Amsterdam homes were advertised on Airbnb in September last year. Social Geography and Planning student Maarten Hogeweij analysed these almost 10 thousand adds and found that the more expensive an area is, the more homes are listed on the Airbnb site, Het Parool reports. Nearly one in 13 of the homes in the area around Dam Square are listed for rent through Airbnb. Amsterdam-West is also Read more [...]

"Waterproof" components for Samsung Galaxy S7 and S7 edge listed online

With less than two weeks to go before Samsung's big MWC 2016 event on February 21, it seems that we already have a pretty clear picture of what the company will announce on that day: the Galaxy S7 and Galaxy S7 edge, which are about to succeed the Galaxy S6 series from last year, coming with important enhancements and changes. Last month, we heard that, unlike the Galaxy S6 family, both the S7 and S7 edge would be water-resistant, thus bringing back a highlight feature of the Galaxy S5 series from Read more [...]

Northumberland wedding venue listed among the UK’s quirkiest

A north Northumberland wedding venue has gained fame for being 'truly quirky'. Doxford Barns, near Alnwick, which has only been open for seven months, has been included on new website Truly Quirky Wedding Venues, among the likes of stately homes, country cottages, a museum and woodland tipis and yurts. The threshing hall at Doxford Barns It describes the converted barns on the family-run, working farm as 'an exciting, truly unique and unusual wedding barn Read more [...]