BGN Entrepreneur

According to a report by the Recruitment and Employment Confederation, the jobs market in the UK is showing signs of improvement for the first time in 17 months.
It signals a return to growth of both permanent and temporary staff appointments during August. For permanent placements, the index rose from July’s 46.1 to 50.6, which is the highest level in 17 months and above the 50-level that separates contraction from expansion. For temporary staff, the index rose from 45.1 to 50.3, which is the highest ever since July last year. However, the survey showed that the number of vacancies available is still falling and wages and salaries continues to decline.
It is said that as a result of an increase in permanent recruitment and growth in temporary placements for the first time in over a year, the employers today are becoming more confident in their hiring decisions.

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Following a announcement, which revealed a major oil discovery in the Gulf of Mexico, BG Group, the Gas and oil explorer, has just announced another major oil discovery off the coast of Brazil, in Santos Basin. This discovery is said to contains recoverable volumes of 1.1 to 2bn barrels of oil equivalent. As the oil giant BG have a 30% stake in it, the news of the Guara discovery sends the shares of the company up 3.6% by midday.
It is said that a permanent production well at the site would be capable of producing initial rates of up to 50000 barrels of oil equivalent per day.

People in the modern world live the day in day out in social networking sites. There are many social networking sites, targeting towards a particular part of the society. For example, These days, there are many different trading social networks for stock market and forex traders. Usually, such sites are not limited to just one style of trading. Stock, future, option, forex and mutual fund traders can all benefit.
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Mining tiddler—Kopane, which was valued on Friday’s closed at about £12.3m on Aim, bought a 75% stake in a licence to mine diamond sites in Lesotho in southern Africa in 2004.
According to mining sources, the company is expected to announce this week it has uncovered diamond deposits worth more than £1.5bn, which had been confirmed by the geological studies. Though Kopane hoped the assets would be substantial, the market has been waiting for more analysis of the sites.
As a result of the news, shares in the company have rose by 70%, 5.25p up at 12.5p.

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The fashion chain—Associated British Foods is expected to announce that its sales continued to beat expectations at Primark, which is the backbone of the conglomerate’s profitability now.
Associated British Foods contributed more than 40% of the group’s profit in the first half of 2009 and is expected comfortably to top the company’s 5% growth forecast. It is benefiting from the strength of the value clothing sector.
According to Sainsbury’s discount clothing range Tu, strong growth has been shown this year and was approaching sales of £500m, up from £300m two years ago. Observers said that continued growth could see Tu overtake High Street stalwart Bhs early next year. Matalan and Asda’s George clothing range are two other strong performers this year.