Argentine Farmers Vow To Press Strike Over Tax The strike by farmers who are protesting a tax increase on the export of grains, has led to shortages of meat and dairy products in the country.... Read Full Article Sun, Samsung Developing ’Java Phone’ Sun Microsystems and Samsung Electronics are reportedly developing a mobile phone to challenge Apple’s iPhone.... Read Full Article How Will This Oddest Of Games End? It is, most of those involved agree, one of the oddest takeover bids ever seen, made all the more piquant because the company being bid for is central to the operation of the City....... Read Full Article Earnings Up Nearly Sixfold At Loews The Loews Corporation, the conglomerate run by the Tisch family, reported a nearly sixfold increase in fourth-quarter profit yesterday, helped by gains at its insurance and oil drilling units.... Read Full Article Simple Pleasures Two simple chords have taken over Matthew Cooper’s life, writes Dan Rule.... Read Full Article |
Brushed NewsProduction fears send oil soaring to new $126 high$Oil prices soared to fresh highs of more than $126 this afternoon, lifted by a new round of speculative buying after Opec brushed aside US calls for an increase in production, insisting that the market remained well-supplied.$Read Full Article Soccer Roundup: Arsenal Keeps Slim Hopes Alive in Premier LeagueArsenal brushed aside Reading, 2-0, at Emirates Stadium in London on Saturday for only its second win in nine English Premier League games.Read Full Article YouTube yet to find ad formulaThe co-founder of YouTube has brushed aside concerns that advertisers are shying away from the site’s more controversial content, predicting that in the end marketing dollars will have no choice but to follow its audience.Read Full Article Lord Levene calls on Chancellor to delay new CGT rateLord Levene of Portsoken brushed aside opposition to his proposed third term as chairman of Lloyd’s of London yesterday as the Treasury launched a consultation on a fundamental overhaul of the world’s oldest insurance market.<br/> <br/> Lord Levene also added his voice to protests over Alistair Darling’s proposed reforms to the capital gains tax (CGT) regime and a clampdown on wealthy nondomiciled foreigners.<br/> <br/> With four days to go before Mr Darling’s Budget, Lord Levene called on him to delay introduction of a flat 18 per cent rate of CGT and a £30,000 levy on “nondoms” and consider the consequences.<br/> <br/> Lord Levene is also chairman of IFSL, the former British Invisibles, which promotes the international activities of UK-based financial institutions. “I hear many voices raised with considerable concern about both [CGT and nondom] issues,” the Lloyd’s chief said.<br/> <br/> “The proposals were perhaps put together rather hurriedly. The City of London is a major financial centre. If we are going to do anything that makes it less attractive then we need to consult on it and tell people why we are doing it. My feeling is that it’s worth taking a bit more time,” Lord Levene said.<br/> <br/> He was speaking as the Treasury launched a 12-week consultation exercise on a wide-ranging set of reforms to the Lloyd’s Act, which has not been updated since 1982.<br/> <br/> A joint proposal published yesterday by the Treasury detailed plans, including relaxing the selection process for chairman and deputy chairman, scrapping the obligation of the Governor of the Bank of England to approve appointments to the Lloyd’s Council, and dropping a ban on underwriters buying brokers.<br/> <br/> The act was outmoded and had been drawn up when Lloyd’s was “a very different animal” and before regulators - including the Financial Services Authority – existed.<br/> <br/> He said Lloyd’s had consulted widely on the proposals and had already made compromises. He said the only serious concerns were over business arrangements for brokers and rules governing acquisitions and asset sales. He dismissed concerns in small pockets of Lloyd’s about his decision to stand again as chairman. It is understood there is limited opposition to both market reforms generally and Lord Levene.<br/> <br/> “I have yet to find anybody, nor have any of my colleagues, that are opposed [to my reelection],” he said.<br/> <br/> Lord Levene’s appointment will have to be ratified by Lloyd’s 18-member council. The proposed reforms to the Lloyd’s Act will have to go before both Houses of Parliament.Read Full Article Nestle Price Increases Fuel 2007 ProfitsThe food company brushed off fears of commodity price inflation and global slowdown to post a higher-than-forecast 15.8 percent rise in 2007 net profits, sending its shares higher.Read Full Article External News for: brushedTubby heading to Auburn? - 670 The Score Blog (blog)Washington PostTubby heading to Auburn?670 The Score Blog (blog)However, Smith has “brushed off” the rumors according to The Associated Press. Minnesota lost to Xavier today, 65-54, in the first round of the NCAA ...Gophers coach Smith dismisses Auburn reportSI.comall 279 news articles »Tubby heading to Auburn? - 670 The Score Blog (blog)Washington PostTubby heading to Auburn?670 The Score Blog (blog)However, Smith has “brushed off” the rumors according to The Associated Press. Minnesota lost to Xavier today, 65-54, in the first round of the NCAA ...Gophers coach Smith dismisses Auburn reportSI.comall 279 news articles »Simon Cowell – wedding bell rumors brushed off! - Entertainment and Showbiz!Simon Cowell – wedding bell rumors brushed off!Entertainment and Showbiz!The rumors of the probable wedding to happen in spring in Italy have been brushed off by the 50 year old judge of American Idol! ...and more »Tubby heading to Auburn? - 670 The Score Blog (blog)Washington PostTubby heading to Auburn?670 The Score Blog (blog)However, Smith has “brushed off” the rumors according to The Associated Press. 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