Skip to main content

Posts

Chelsea Flower Show 2013: Zara Phillips is the first of the royals to arrive

Zara Phillips was the first of the royals to arrive today for a sneak preview of the Chelsea Flower Show today ahead of tomorrow's grand opening. The young royal had a look at the world famous show which other members of the royal family - including the Queen - are expected to view this week. As the event celebrates its centenary this year, Zara, wearing white jeans, a black jacket and heeled ankle boots, was happy to cut a cake to mark the occasion. Scroll down for video Getting the party started: Zara Phillips cuts the cake as the Chelsea Flower show celebrates its 100th birthday More birthdays: Zara Philips sits on a lawnmower to celebrate 50 years of John Deere, and right, beauty: A Papaver commutatum Ladybird plant Right at home: The outdoorsy Royal looked at ease atop the mower Pampas yourself: A women wearing a dress of fresh flowers designed by Zita Elze poses for photographers in the M&A Centenary Garden Gnome fever takes

Mexico's Urbi defaults on interest payment

Mexico's third-largest homebuilder, Urbi Desarrollos, on Monday said it will not meet a $6.4 million interest payment due since last month. _0"> The company had previously sought a 30-day grace period to make the payment on its 2016 bonds, but that expired on May 19. Urbi, which is already facing lawsuits for missed debt payments, said in April it hired advisers to help it review options including restructuring debt. The company, like its larger rivals Geo and Homex , has been struggling to make debt payments amid a slump in home sales.   Mexicans are increasingly spurning the cheap, suburban homes built by the country's top three builders in favor of older homes closer to city centers.

UPDATE 1-Blackstone, Pactera insiders make $680 mln offer

Pactera Technology International Ltd said on Monday that Blackstone Group LP, together with the company's management, made a $680.3 million non-binding proposal to take China's largest technology outsourcing firm private.   Pactera said it expected its board of directors to form a special committee of independent directors to consider the consortium's offer of $7.50 per share. Pactera shares surged 31.1 percent to $6.90. Suspicion over accounting standards has been a major drag on U.S.-listed Chinese companies, giving management at some companies an opportunity to team up with private equity firms and make offers that capitalize on big discounts to peers on the Hong Kong and Chinese stock markets. Prior to Monday's announced proposal, Pactera shares were down 33.8 percent this year. By comparison, the NASDAQ, where it is listed, is up 15.9 percent. Pactera was trading at 3.3 times its projected 12-month earnings before interest, taxes, depreciation and amortiza

Doctors take pregnant woman, 37, with 'severe mental disorder' to High Court to stop her having an abortion

A pregnant woman with a severe mental disorder who wants to have an abortion has been taken to the High Court by doctors trying to stop her. Her four-day case started today as Mr Justice Holman will decide whether the unnamed 37-year-old, who is 23 weeks pregnant, is capable of making decisions about terminating her unborn child. The judge made an order - at the start of the hearing today - saying neither the woman nor the health authority responsible for her care should be identified. Case: Doctors have taken a woman with a 'mental disorder' to the High Court to stop her having an abortion Lawyers representing the health authority have told the judge that the woman suffers with a 'chronic and severe mental disorder'. 'She is pregnant and she has requested a termination of her pregnancy,' they added, in a written statement given to the judge.   More... Parents of girl, five, who drowned at Egyptian hotel: 'We left our daughter with her 15-year-old