TUI in £30m blow from Africa crisis

first_imgThursday 3 February 2011 7:43 pm Show Comments ▼ KCS-content whatsapp TRAVEL group TUI said yesterday the unrest in Tunisia and Egypt could cost it up to £30m as the holiday destinations effectively became no-go zones.The company, Europe’s largest travel operator, said that the bill from the Egypt crisis was likely to be £25m with Tunisia denting its figures by £5m. The warning came as it announced a pre-tax loss for the end of 2010 of £134m – smaller than the £166m it lost during the same period a year earlier. Revenues were £2.7bn compared to £2.5bn.The figures – covering October to December – showed that the Nordic countries and Canada had performed well, offsetting some of the weather chaos in the UK.TUI said that overall bookings at the start of this year had been strong. Chief executive Peter Long said: “The progress in the first quarter represents an encouraging start to 2011 and the forward booking position is good.“We remain cautious, however, given the current economic and geopolitical uncertainty.” German-owned TUI is planning £100m of cost savings a year over the next three years. The group is aso planning to expand its online sales operation in a bid to give the business more impetus. TUI was badly hit in the economic downturn and ongoing costs linked to its creation in late 2007, from the merger of British travel group First Choice and the tourism activities of German travel giant TUI. Shares closed 1.6 per cent lower after it made its statement yesterday. Many travel firms have been forced to cancel trips to Egypt amid violent protests against President Hosni Mubarak. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionHero WarsThis game will keep you up all night!Hero WarsOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBlood Pressure For LifeWhy Doctors May No Longer Prescribe Blood Pressure MedsBlood Pressure For LifeSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity Timescenter_img whatsapp More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org TUI in £30m blow from Africa crisis Share Tags: NULLlast_img read more

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Tax guide takes 20 hours to read

first_img whatsapp Show Comments ▼ KCS-content Tax guide takes 20 hours to read by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldBetterBe20 Stunning Female AthletesBetterBeWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”Wanderoam Tags: NULLcenter_img whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut Thursday 10 February 2011 8:13 pm The UK’s tax system is so complex that guides for individual taxes are even longer than War and Peace, the Taxpayers’ Alliance (TPA) said today. All tax guides except one (inheritance tax) have over 1,204 pages, the length of Leo Tolstoy’s epic novel. Tolley’s guide on corporation tax guide is 1,897 pages long, the TPA said. The document is 185 per cent longer than it was in 1999-2000 and would take 20 hours to read aloud. “This shows just how burdensome it has become,” said TPA director Matthew Sinclair. “It is now so complex that families and businesses are often not aware how much tax they are actually paying.” Sharelast_img read more

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Insurer Hardy takes a hit after disaster losses

first_img Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapKatt Williams Explains Why He Believes There ‘Is No Cancel Culture’ inThe Wrap Thursday 3 March 2011 8:02 pm Insurer Hardy takes a hit after disaster losses whatsapp KCS-content Tags: NULL LLOYD’S insurer Hardy Underwriting yesterday became the latest company to report results hit by catastrophe losses as its profit halved to £10m in 2010.Net tangible assets rose 1.5 per cent to 270p per share, from 266p in 2009, and it raised its dividend ten per cent to 14.6p. Gross written premiums increased to £279.4m from £242m the previous year.Chairman David Mann said an “unprecedented level of international natural catastrophes” had hit profits, while “a surplus of capacity” in the market had prevented rate rises. He also warned that new Solvency II capital requirements on insurers were driving rising costs in the firm. Chief executive Barbara Merry said the global spread of disasters meant Hardy’s property treaty reinsurance account “incurred a greater frequency and severity of loss than a typical Lloyd’s account.”Hardy said it had opened a new office in Singapore alongside its current London and Bermuda presence, to access “the most important Asian hub for reinsurance”.It added that its director of underwriting, Adrian Walker, is to retire on 17 May and would be replaced by his deputy, Patrick Gage. Show Comments ▼ Share whatsapp last_img read more

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INM profits up but warns on ads

first_img Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaUndo Tuesday 22 March 2011 8:19 pm INM profits up but warns on ads More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.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.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org whatsapp Tags: NULL center_img KCS-content Independent News & Media (INM) warned revenues will remain flat this year despite posting a 14 per cent rise in underlying operating profit for 2010. It said it expects earnings to improve in the year ahead despite the tough advertising conditions. Excluding disposals and the deconsolidation of Australia’s APN News & Media, in which INM holds a 32 per cent stake, operating profit was €87.9m (£76m) compared with €77.2m in 2009. Revenues for the year rose to €605.3m from €585.7m. It said it plans an expansion of its internet operations. Show Comments ▼ whatsapp Sharelast_img read more

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Growth key to UK’s credit rating

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald BRITAIN’S triple-A credit rating could be in doubt if strong growth fails to deliver the government’s deficit reduction targets, the ratings agency Moody’s said yesterday.“Slower growth combined with weaker-than-expected fiscal consolidation could cause the UK’s debt metrics to deteriorate to a point that would be inconsistent with a AAA rating,” Moody’s said in a statement.The government’s fiscal watchdog, the OBR, was forced to revise down its growth forecast for this year to 1.7 per cent this week, from 2.1 per cent.However, it still expects annual growth of 2.8 to 2.9 per cent from 2013 to 2015.Fellow rating agency Fitch issued a warning over the growth forecasts, and subsequently its credit rating for the UK. “The medium-term economic forecasts still appear relatively optimistic,” it said on Wednesday. “If the economic recovery proves weaker than projected, future Budgets may require additional measures to ensure that the government meets it ambitious fiscal targets,” it said. KCS-content Tags: NULL whatsapp More From Our Partners Mark Eaton, former NBA All-Star, dead at 64nypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida 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.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comConnecticut man dies after crashing Harley into live bearnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com Show Comments ▼center_img Growth key to UK’s credit rating Thursday 24 March 2011 9:30 pm whatsapp Sharelast_img read more

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Inflation across OECD member states hits new 27-month high of 2.4 per cent

first_img Show Comments ▼ whatsapp Read This NextWATCH: Shohei Ohtani continues home run tear, Los Angeles Angels winSportsnautYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofBaked Sesame Salmon: Recipes Worth CookingFamily Proof’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof whatsapp KCS-content Inflation across OECD member states hits new 27-month high of 2.4 per cent Tuesday 29 March 2011 8:40 pmcenter_img CONSUMER prices across member states of the Organisation for Economic Co-operation and Development (OECD) rose by 2.4 per cent in February compared with 2.2 per cent in January — the highest rate since October 2008.This increase was driven by food and energy inflation which reached three per cent and 10.1 per cent respectively. Excluding food and energy, the annual inflation rate remained at 1.3 per cent in February. Inflation grew from 1.6 per cent in January to 2.1 per cent in February in the United States, and from four per cent in January to 4.4 per cent in February in the United Kingdom. Italy and Germany also experienced further increases in price levels. Inflation slightly decreased in Canada and France, and remained stable in Japan. Euro area annual inflation rose from 2.3 per cent in January to 2.4 per cent in February.Meanwhile, another report from Kantar Worldpanel said that grocery price inflation increased to four per cent in the UK, over a recent 12 week period, the group said yesterday. 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 PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald Share Tags: NULLlast_img read more

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ECB hikes rate to 1.25 per cent

first_img Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap The European Central Bank (ECB) raised interest rates as expected from one per cent to 1.25 per cent.The 25-basis-point rise was largely anticipated by traders since the President of the ECB, Jean-Claude Trichet, and some of his fellow Bank members said it was time to get tough on inflation last month. It represented the first rate change in almost three years. whatsapp Share Show Comments ▼ John Dunne whatsappcenter_img Thursday 7 April 2011 10:29 am ECB hikes rate to 1.25 per cent 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 PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comSenior Living | Search AdsNew Senior Apartments Coming Nearby Scottsdale (Take a Look at The Prices)Senior Living | Search Ads Tags: NULLlast_img read more

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German figures show growth

first_img KCS-content Tags: NULL German figures show growth Thursday 14 April 2011 8:02 pm Berlin yesterday hiked its official German growth forecast for 2011 from 2.3 to 2.6 per cent, citing soaring consumer spending as the main reason behind the expansion. German authorities said that the average households’ disposable income should rise by 3.3 per cent this year and next. 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 PastBrake For ItThe Most Worthless Cars Ever MadeBrake For ItSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMoneyPailShe Was An Actress, Now She Works In ScottsdaleMoneyPailmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comcenter_img Show Comments ▼ whatsapp Share whatsapplast_img read more

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Revenues fall at Citigroup as costs rise

first_img KCS-content Show Comments ▼ Tags: NULL Monday 18 April 2011 8:51 pm Revenues fall at Citigroup as costs rise CITIGROUP yesterday revealed a slump in revenues and profits in its quarterly results compared to last year, emphasising the bank’s ongoing fight to rein in its backlog of struggling consumer business lines.Revenues dropped 22 per cent year-on-year to $19.7bn (£12.1bn), but the figure was a seven per cent improvement on the fourth-quarter of 2010. Its cards business and retail banking lost 15 per cent of revenues and seven per cent of sales compared to last year.Costs in the group’s core business rose for the third consecutive quarter to $9.6bn, despite a fall in credit costs, with the bank blaming “higher spending on marketing and technology” in North America. Compensation and benefits costs rose four per cent to $6.16bn.The bank tried to sell an optimistic, high-growth story to investors in its presentation for analysts, highlighting that “emerging markets represented over 50 per cent of Citicorp’s earnings before tax”. But the figures show that the Citicorp division’s pre-tax profits from developing economies increased only slightly from $2.9bn to $3.2bn. Instead, recovery in pre-tax profits in advanced economies fuelled the improvement at the end of 2010, jumping from $1bn to $2.9bn.Citi Holdings, the group’s non-core division, continued steady progress in shrinking its balance sheet, with assets decreasing by 6.2 per cent on the previous quarter to $337bn. In total, Citigroup plans to sell $12.7bn of bad assets, such as subprime loans and mortgage-backed securities, which it said carried a “disproportionately high” risk weighting under the new Basel III capital rules.FAST FACTS | US BANK RESULTS SO FARJP Morgan Chase kicked off the first-quarter reporting season last Wednesday with a dramatic recovery in earnings compared to the start of 2010. Pre-tax profits jumped 78 per cent to $8.06bn (£4.95bn).The investment bank recorded its second most profitable quarter ever, with fees revenue up 23 per cent on the first-quarter of 2010 at $1.79bn.The retail bank saw earnings drop, but still made money, with pre-tax profit coming in at $1.49bn.JP Morgan Chase was the first bank to estimate its core tier one capital ratio under stringent Basel III?rules, putting it at 7.3 per cent, above the overall minimum but likely below the 10 per cent minimum for systemically important financial institutions.Earnings per share came in at $1.28, at the high end of analysts’ expectations.Bank of America Merrill Lynch (BAML) was next, reporting last Friday. It posted a surprisingly sharp drop in first-quarter profits as home foreclosures hit its mortgage business.Despite making a profit of $2bn (£1.23bn), BAML, the largest US bank, lost a staggering $2.39bn on its portfolio of home loans.Income in the bank’s retail division fell 49 per cent as service charges plunged, though deposits were up.Investment bank revenue and profit also fell from last year’s record quarter. Sales and trading revenue was down 30 per cent, but overall investment banking income was up 24 per cent.Earnings per share came in at the low end of analysts’ expectations at $0.17. center_img whatsapp whatsapp Share last_img read more

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SportPesa signs up to sponsor Pro14 Final

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Marketing & affiliates SportPesa has agreed a deal to become a partner of the final stages of this year’s Pro14 club rugby union competition. Under the agreement, SportPesa will serve as the official gaming partner of the Pro14 Final Series end-of-season knock-out tournament, which takes place in Dublin, Ireland, on May 26. SportPesa will receive branding exposure at all games during the competition. “Everyone at SportPesa is incredibly excited about our partnership with PRO14 Rugby,” SportPesa’s UK head of marketing Shaun Simmonds said. “Whilst we have a strong heritage in the sport, having supported local rugby in East Africa and sponsored the Kenya Rugby Sevens team, this partnership underlines the company’s diversification into Europe and South Africa. “To be sitting at the top table of the sport alongside some of the most powerful brands on the planet is testament to the great work my colleagues have done in recent times; we’re looking forward to accelerating that growth further thanks to this partnership.” Dermot Rigley, commercial and marketing director at Pro14 Rugby, added: “We’re really pleased to have SportPesa on board as we look forward to a weekend of cracking Pro14 Semi-Finals, not to mention the drama that will unfold in our Champions Cup Play-Off game. “SportPesa are a fresh, innovative company whose mission and core values ensure they work hard to give back to the local communities they are involved with and that’s in keeping with our own ideals.”Related article: SportPesa ends home sponsorships after tax ruling Email Address 21st May 2018 | By contenteditor SportPesa signs up to sponsor Pro14 Finalcenter_img SportPesa has agreed a deal to become a partner of the final stages of this year’s Pro14 club rugby union competition Topics: Marketing & affiliates Sports betting Tags: Online Gambling Subscribe to the iGaming newsletterlast_img read more

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