MasterCard buys DataCash

MasterCard buys DataCash

first_img More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Show Comments ▼ KCS-content Share whatsapp Tags: NULL MasterCard buys DataCash MasterCard will buy British payment services provider DataCash Group for £333m in cash to expand its e-commerce business.The world’s second-largest credit and debit card payment processer, said it will pay 360p per share, a 54 per cent premium to DataCash’s Wednesday closing price.MasterCard said the deal would increase its ability to process payments online, especially in Europe and emerging markets. DataCash helps merchants accept online payments and provides them with fraud-prevention services.MasterCard’s new chief executive, Ajay Banga, is trying to boost the company’s profits by developing its online and mobile payments processing business. The company is looking for faster growth in non-US markets, where many consumers still use cash instead of plastic or online payments.Banga is also trying to catch up to arch-rival Visa, the world’s largest credit and debit card processing network. In April, Visa signed a $2bn (£1.3bn) deal to buy the payment processor CyberSource Corp.Both Visa and MasterCard are trying to stay abreast of competition with eBay’s PayPal, which many consumers think of first when they buy something online, analysts said.MasterCard expects the deal to reduce its fourth-quarter earnings by about five cents per share, break even in 2011, and add to earnings in 2012.DataCash posted adjusted pre-tax profit of £16.6m on turnover of £36.9m in 2009.The acquisition is expected to close by the end of October.MasterCard shares closed at $212.86 on Wednesday on the New York Stock Exchange.ASHLEY HEADDATACASHDATACASH executive chairman Ashley Head, who has over 30 years experience in the payments and banking industry, stands to make a staggering £144m from the sale of the firm. He yesterday said of the deal: “The proposed acquisition represents a significant opportunity for DataCash to drive increased adoption of our platforms and programmes internationally and become part of the exciting value proposition of MasterCard.”This is not the first time Head has enjoyed a bumper pay-day. In 2007 he sold 1.2m shares in the company at 2.40p each, netting around £2.88m.He has been bullish about the health of DataCash. In March he said: “The board anticipates further growth in revenue, profits and dividends in 2010.”Head was involved in setting up ProcCyber, a bespoke payments and risk solutions firm acquired by DataCash in June 2006. He currently owns a 43.3 per cent stake in DataCash.Head, who has a hands-on management role at the firm, has worked for MasterCard as senior vice president for Africa.He has also had a stint as director of technology and electronic banking for The National Commercial Bank in Saudi Arabia. Thursday 19 August 2010 8:41 pm whatsapp last_img read more

High street sales rise for the fourth month in a row

High street sales rise for the fourth month in a row

first_img More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.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.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com Thursday 28 October 2010 8:07 pm RETAIL sales continued to rise in October despite the wide ranging cuts announced by the government last week, according to figures from the Confederation of British Industry.But the rate of growth slowed compared with September ­– which was at a six-year high – but long term outlook remains unclear.The CBI’s monthly distributive trades survey’s reported sales balance dipped to +36 in October from +49 in September, broadly in line with economists’ forecasts of a slowdown to +35.Strong sales growth was not just down to seasonal factors, the research found. A balance of 20 per cent of retailers said sales were above average for the time of year and the highest since May 2007.“High street sales in aggregate have performed well again this month, but sales of durable household goods have slowed noticeably, in line with more subdued housing market activity of late,” said CBI chief economic advisor Lai Wah Co.“Retailers expect sales growth to continue next month in the run up to Christmas. “We should also see more of a boost to sales as shoppers seek to beat the New Year VAT rise, but looking beyond that, broader consumer caution may temper growth in spending into 2011.”Sales of household goods have tailed off in line with the slackening housing sales market.Meanwhile, clothes and other traditional retail goods held up well.Howard Archer, chief economist at IHS Global Insight, said the survey was out of line with the “hard data”.Archer added: “It needs to be borne in mind that the CBI distributive trades survey has recently given appreciably stronger readings than the hard retail sales data. “In particular, the six-year high balance of +49 per cent in September contrasted with the Office for National Statistics reporting that retail sales volumes fell by 0.2 per cent month-on-month after a dip of 0.7 per cent in August.”Retailers are now braced for a VAT hike set to be triggered in January.Samuel Tombs at Capital Economics said the CBI data remained “misleadingly upbeat”. He said shoppers had been encouraged by the drop in VAT. Show Comments ▼ KCS-content Share whatsapp whatsapp High street sales rise for the fourth month in a row Tags: NULLlast_img read more

BG Group gets green light for £9bn gas work

BG Group gets green light for £9bn gas work

first_img Show Comments ▼ whatsapp BG Group gets green light for £9bn gas work GAS producer BG Group said yesterday it will become the first company to liquefy gas from coal deposits, after approving a £9.3bn project in Queensland, Australia.BG Group will start work on a processing plant and 540km of underground pipelines immediately. The British firm said it would ship its first liquefied natural gas (LNG) in 2014, and has already made sales agreements with Chile, China, Japan and Singapore.China National Offshore Oil Corporation (CNOOC) has signed the biggest deal within BG’s biggest ever project, after agreeing in March to take a 10 per cent stake in the first phase of the project and purchase 3.6m tonnes of the gas per year for 20 years. The contract is worth up to $70bn (£43.7bn), reports at the time said. Chief executive Frank Chapman said the Queensland Curtis project would be the world’s first LNG plant to be supplied by coal seam gas “and the foundation… at the centre of a major new Australian export industry”.BG Group said the decision to proceed with the project followed environmental approvals from the Australian and Queensland state governments in October. Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteBridesBlushThis Is Why The Royal Family Kept Quiet About Prince Harry’s Sister BridesBlushAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic Mirrorcenter_img whatsapp Tags: NULL KCS-content Sunday 31 October 2010 10:11 pm 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 WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wraplast_img read more

GM to increase its IPO by up to $2bn

GM to increase its IPO by up to $2bn

first_img GM to increase its IPO by up to $2bn whatsapp KCS-content Show Comments ▼ Monday 15 November 2010 9:02 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com whatsappcenter_img Share 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 WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap GENERAL Motors (GM) is considering raising the size of its common stock offering in its recently announced initial public offering (IPO) by 20 per cent to about $12bn (£7.4bn), a source close to the company said yesterday.GM initially filed to sell about $10bn in common stock and another $3bn in preferred stock.The increase in the common stock offering is in response to exceptional investor demand, the source said, adding no final decision had yet been made.The GM IPO is currently expected to price between $32 and $33 per share, above the initially proposed $26 to $29 per share, another source familiar with the matter said.The price range is preliminary and has not yet been formally set. Tags: NULLlast_img read more

Oil price is near to $100 a barrel

Oil price is near to $100 a barrel

first_img KCS-content Wednesday 12 January 2011 8:40 pm Share Tags: NULL 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 PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definition whatsappcenter_img Show Comments ▼ BRENT crude prices rose yesterday to near $99 a barrel after production shutdowns, falling US inventories and growing demand sent oil toward triple digits for the first time since 2008.Crude gained after a US government report showed oil inventories fell for the sixth straight week, slashing supplies by nearly 27m barrels in that stretch, the biggest six-week decline since January 2008.Oil prices have been steadily climbing since the third quarter of 2010 on signs the improving economy was spurring demand for fuel. whatsapp Oil price is near to $100 a barrel More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.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.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgConnecticut man dies after crashing Harley into live bearnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comlast_img read more

Shock surge in US house sales

Shock surge in US house sales

first_img Share Shock surge in US house sales KCS-content More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comConnecticut man dies after crashing Harley into live bearnypost.com Show Comments ▼ whatsapp whatsapp NEW home sales rocketed by 17.5 per cent in December, compared to November, data showed yesterday.The rise meant that 329,000 one family homes were sold in the 12 months to December.Sales were up massively in the west of the US — a 33 per cent increase on the previous month — raising some suspicions over the reliability of the data. And some analysts warned against volatility in the figures.“Things are definitely perking up, but there is a question whether it’s sustainable,” said Brian Bethune, an economist at IHS Global Insight. Wednesday 26 January 2011 7:21 pm Tags: NULLlast_img read more

Imperial shares rise after sales boost

Imperial shares rise after sales boost

first_img Share whatsapp Tags: NULL 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 PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsBetterBe20 Stunning Female AthletesBetterBeSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search Adsautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald John Dunne Imperial shares rise after sales boost center_img whatsapp Wednesday 2 February 2011 4:18 am Imperial Tobacco, the world’s fourth-biggest cigarette maker, posted a five per cent rise in quarterly sales and saw its shares rise this morningImperial, with cigarette brands including Lambert & Butler, West and Gauloises, was reporting on its first-quarter trading from October to December 2010 on Wednesday within its current financial year to end-September 2011.The group said its cigarette volumes rose 0.5 per cent in the quarter and when adding in fine-cut loose tobacco, then stick equivalent volumes rose 1.2 per cent.Chief executive Alison Cooper said in a statement: “We made a good start to the year with underlying tobacco revenues up five per cent.” More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.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.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com Show Comments ▼last_img read more

CIT Group struggles with soaring costs

CIT Group struggles with soaring costs

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 ScottsdaleMoneyPailUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamUndoBetterBe20 Stunning Female AthletesBetterBeUndoSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsUndo CIT Group struggles with soaring costs US business lender CIT Group said yesterday a fall in interest income and higher expenses hits its fourth-quarter profit. CIT, which emerged from bankruptcy in December 2009 after a $2.3bn government bailout, said margins had worsened and costs had risen nine per cent despite paying off some of its costly debt pile. Net income stood at $74.8m, down 35 per cent on the previous quarter. CIT restated its profits for the start of 2010 after finding accounting errors. Show Comments ▼ whatsapp whatsapp Sharecenter_img Tuesday 15 February 2011 8:43 pm More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.com KCS-content Tags: NULLlast_img read more

Glitch hits trade just days after LSE upgrades

Glitch hits trade just days after LSE upgrades

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 TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamUndo Tags: NULL Glitch hits trade just days after LSE upgrades Read This Next’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap4 ideal Zion Williamson trade scenarios from the New Orleans PelicansSportsnautRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapRick Leventhal to Exit Fox News Just as His Wife Kelly Leaves ‘RealThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap’In the Heights’ Underwhelms at Box Office With $11.4 Million DebutThe WrapJason Whitlock, Former ESPN and Fox Sports Reporter, Resurfaces at BlazeThe WrapFox News’ Mark Levin Says Capitol Riot Suspects ‘Would Be Treated Better’The Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap CONFUSION reigned last night after a second consecutive day of technical glitches hit traders.Technical errors hit brokers, allegedly as a result of data provided by the London Stock Exchange (LSE).Zeroes intermittently appeared on some shares displaying LSE bid and ask prices, just one day after the auction close was delayed.Data provider Thomson Reuters issued a service alert warning of the error, which said the glitch was “caused by an issue at the exchange.”On Tuesday, the bourse failed to stop trading on schedule, running over by 42 seconds, causing problems for brokers.Traders looking to invest in the day’s closing auction, which takes place after continuous trading closes, instead placed orders in the earlier period.Many brokers look to invest in the day’s closing auction for clients wanting to trade on the closing price, which is formed during the period.However, the LSE insisted yesterday’s error was not related to Tuesday’s problem and was not caused by its new software.On Monday, the exchange migrated to an upgraded IT system provided by MilleniumIT, the Sri Lankan technology provider it bought in 2009. whatsapp KCS-content center_img Show Comments ▼ Wednesday 16 February 2011 8:53 pm Share whatsapplast_img read more

Irish parties begin talks but EU is wary of bailout rethink

Irish parties begin talks but EU is wary of bailout rethink

first_img IRISH opposition parties started coalition talks yesterday after a resounding election win gave them the mandate to renegotiate an EU-IMF rescue deal they fear will bankrupt the former “Celtic Tiger” economy.Though a new government looks likely to get its way on a reduced interest rate on its European Union loans, its demands for bondholders in Irish banks to shoulder more losses have little support in Europe.“We have a common goal for Ireland to revive its growth dynamic and succeed in ensuring debt sustainability,” EU economic and monetary affairs commissioner Olli Rehn said.Rehn added: “Pricing policy, I am referring to the interest rates, is one key issue here which will be discussed in the context of the comprehensive strategy of the European Union.”The centre-right Fine Gael party, led by Enda Kenny, was swept into power over the weekend in a parliamentary election dominated by anger at Ireland’s financial meltdown and the harsh cure prescribed by Europe.Kenny, and Eamon Gilmore, leader of the centre-left Labour party, met for talks yesterday, Fine Gael said in a statement in which it named its negotiating team for talks. Fine Gael said both leaders would meet again early today. The new government will have to oversee cuts in public spending to cut debts. Share whatsapp Irish parties begin talks but EU is wary of bailout rethink Tags: NULL Show Comments ▼ KCS-content More From Our Partners Brave 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.orgMark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comPuffer fish snaps a selfie with lucky divernypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com whatsapp Monday 28 February 2011 8:47 pmlast_img read more