Tom Cross

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8d
heraldscotland
We should take heart from queue of buyers eyeing North Sea assetsAberdeen oil services company Wood Group this week confirmed it had cut around
We should take heart from queue of buyers eyeing North Sea assets
heraldscotland / Posted 8 days ago
Aberdeen oil services company Wood Group this week confirmed it had cut around 5,000 jobs, some 1,000 of them in the UK, so far this year. And chief executive Bob Keiller highlighted potential for further cuts in the headcount. The stream of... Read more
14d
Chicago Tribune
Move is on to halt inflated local pensionsState Sen. Terry Link compares it to winning the lottery. Local government exe
Move is on to halt inflated local pensions
Chicago Tribune / Posted 14 days ago
State Sen. Terry Link compares it to winning the lottery. Local government executives get fat bonuses and retire. Their pensions also are inflated by the bonus amounts, and so their retirement checks get fatter, to the point that they make more from... Read more
14d
Chicago Tribune
Bill to limit end-career pension spikes awaits governor's signatureFor decades, state lawmakers have drawn criticism when they leave the Legislatu
Bill to limit end-career pension spikes awaits governor's signature
Chicago Tribune / Posted 14 days ago
For decades, state lawmakers have drawn criticism when they leave the Legislature and take another government gig with a fat salary that greatly boosts their public pensions, but soon the state might be on the hook for less of those retirement costs... Read more
15d
heraldscotland
Dana Petroleum slashes valuation of its North Sea businessKorea National Oil Corporation bought Dana for £1.9bn in 2010, giving it contro
Dana Petroleum slashes valuation of its North Sea business
heraldscotland / Posted 15 days ago
Korea National Oil Corporation bought Dana for £1.9bn in 2010, giving it control of a big portfolio of producing assets focused on the North Sea amassed by that company under the leadership of Tom Cross. Dana saw income fall by around £320m in 2014,... Read more
18d
iTNews
Infosec pros hit back over new UK software export controlsCalc.exe exploit demos exempted from guidelines. The British government has pu
Infosec pros hit back over new UK software export controls
iTNews / Posted 18 days ago
Calc.exe exploit demos exempted from guidelines. The British government has published a set of guidelines for exporters on controls for intrusion software, drawing the ire of security researchers who fear the new regulations will hinder their... Read more
18d
Scotsman
Just Retirement inks Partnership Assurance deal Sales of traditional annuities slumped in the wake of Chancellor George Osborn
Just Retirement inks Partnership Assurance deal
Scotsman / Posted 18 days ago
Sales of traditional annuities slumped in the wake of Chancellor George Osbornes shake-up. Picture: Getty Annuities provider Just Retirement has struck a £669 million to buy rival Partnership Assurance... Read more
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19d
Reuters UK Edition
British annuity firms to merge in 669 million pounds dealLONDON British retirement specialists Just Retirement Group and Partnership Ass
British annuity firms to merge in 669 million pounds deal
Reuters UK Edition / Posted 19 days ago
LONDON British retirement specialists Just Retirement Group and Partnership Assurance on Tuesday said they planned to merge in an agreed all-share deal worth 669 million pounds. Both firms have been squeezed by changes to the British pensions and... Read more
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