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KCS-content Share Sunday 26 September 2010 10:29 pm whatsapp Show Comments ▼ More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgConnecticut man dies after crashing Harley into live bearnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.com THE coup that cost Michael Geoghegan his job was caused by a dramatic boardroom rift in a bank famed for its conservatism. While this kind of putsch might be expected at one of its rivals, HSBC is a gentlemanly outfit where decorum is all. No-one can deny that the bank has promoted two of its best to the chair and chief executive role. Few in the industry have a bad word to say about Douglas Flint or Stuart Gulliver. But the sorry episode has exposed some of HSBC’s failings. The top jobs should not be automatically handed to heir apparent candidates: no-one should feel they are entitled to any particular position. Because while HSBC avoided some of the riskier activities that proved so toxic for its rivals, it still has much to do. Despite talking the Asian talk, it walks with a distinctly western swagger, garnering 44.1 per cent of pre-tax profits from Europe, the UK and the Americas (compared to just seven per cent for rival Standard Chartered). The new management team has its work cut out. Management team has its work cut out whatsapp Tags: NULL read more
Tuesday 5 October 2010 8:07 pm Bernanke says it’s too early to cut deficit despite growth Bernanke’s comments came as fresh data showed the pace of growth in the US non-manufacturing sector accelerated more quickly than economists had expected.The jump in the Institute for Supply Management’s services sector index to 53.2 in September from 51.5 in August provided some hope that economic activity picked up in the third quarter. The reading was above the 52 median forecast by economists. A reading above 50 indicates expansion in the sector.The index showed services firms took on more workers in September, with the employment component rising to 50.2. Though that reflected only modest hiring, it was above August’s reading of 48.2, which shows the sector shed jobs that month. New orders rose to 54.9 from 52.4. FEDERAL Reserve chairman Ben Bernanke yesterday warned against taking immediate action to reduce the US deficit warning it could derail the nascent recovery. “Economic conditions provide little scope for reducing deficits significantly further over the next year or two,” Bernanke told an audience in Rhode Island. “Indeed, premature fiscal tightening could put the recovery at risk,” he added implying tax cuts should not be allowed to expire at the end of this year. Bernanke’s policy is in direct contrast to that of Bank of England govenor Mervyn King who has publicly backed the coalition’s government’s plan to slash spending next year. whatsapp More From Our Partners A 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.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org whatsapp Share KCS-content 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 Tags: NULL Show Comments ▼ read more