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Wednesday 15 December 2010
RED tape that deters new businesses is responsible for low levels of European productivity, according to research released today.
Wednesday 15 December 2010
Japan’s deflation is due to proximity to low cost Asian economies, the government’s chief cabinet secretary said yesterday.
Wednesday 15 December 2010
Uncertainty over China’s monetary stance is affecting Asian markets, after Monday’s sharp gains turned sluggish yesterday. China avoided a rise in interest rates last week, opting only to nudge up the reserve requirement ratio (RRR).
Wednesday 15 December 2010
China plans to appeal a World Trade Organization ruling that the US was entitled to impose extra safeguard duties on Chinese tyres, the Ministry of Commerce said yesterday.
Wednesday 15 December 2010
Debt-laden healthcare IT firm iSoft yesterday offloaded its financial management solutions arm to outsourcing group Capita.
Wednesday 15 December 2010
IMAGINATION Technologies, the British firm behind video chips in Apple’s iPhone, will acquire 3D graphics group Caustic for £17m.
Wednesday 15 December 2010
FRANCE’S Atos Origin will acquire Siemens’ IT unit Solutions and Services (SIS) in an €850m (£721.1m) deal, the German conglomerate said late yesterday.
Wednesday 15 December 2010
FRANCE’S antitrust regulator yesterday put Google on notice not to abuse what it said was its dominant position in online search advertising.
Wednesday 15 December 2010
LLOYDS of London insurer Beazley withdrew its £180m offer for rival Lloyds firm Hardy Underwriters yesterday after failing to win an agreed deal and said it might now return cash to investors.
Wednesday 15 December 2010
BT yesterday completed the sale of a 5.5 per cent stake in Tech Mahindra in a move that could pave the way for further share sales in the Indian telecoms firm.
Wednesday 15 December 2010
Best Buy shares tumbled 14 per cent yesterday, their biggest decline in more than eight years, as the biggest US electronic retailer reported an unexpected third-quarter dip in profit.
Wednesday 15 December 2010
Shares in Finnish stainless-steel maker Outokumpu declined 5.9 per cent to €13.04 (£11) yesterday after it forecast that fourth-quarter operating profit will be "clearly negative" rather than close to breaking even.
Wednesday 15 December 2010
British Airways yesterday announced it will raise its fuel surcharge on longhaul flights following a recent surge in oil prices. “BA will increase its fuel surcharge on longhaul services from Thursday, 16 December,” the group said in a statement.
Wednesday 15 December 2010
IN the latest YouGov SixthSense Mortgages Report, mortgage holders were asked to estimate the current value of their household and cost of their mortgage.
Wednesday 15 December 2010
ALAN NELSON | THREADNEEDLE
Wednesday 15 December 2010
APP sales are set to rocket to $35bn (£22.2bn) a year by 2014, according to new research by IDC.
Wednesday 15 December 2010
BUNZL, the distribution and outsourcing company, predicted full-year revenue growth would meet expectations as strength at its US business and acquisitions offset sales falls in Britain and Ireland.
Wednesday 15 December 2010
Japan’s plan to boost its ailing economy by cutting corporate taxes got a guarded welcome from business yesterday, but is unlikely to help restore the fortunes of unpopular Prime Minister Naoto Kan.
Wednesday 15 December 2010
NISSAN and Mitsubishi Motors said yesterday that they would deepen their operational ties to make better use of their resources as a strong yen makes competing tougher for Japanese automakers.
Wednesday 15 December 2010
DRAX, the operator of Britain’s largest coal-fired power station, said yesterday it expects its earnings for the full-year to be slightly ahead of current market consensus.
Wednesday 15 December 2010
BARCLAYS BANK
Wednesday 15 December 2010
IG Group
Wednesday 15 December 2010
WHITBREAD has seen sales rise at its budget Premier Inns and Costa Coffee bars, which will help it stay on target for its full-year forecasts, the company said yesterday.
Wednesday 15 December 2010
RETAILERS across the UK will be balloted on whether they want to pay extra on their business rates to help bankroll local projects – but London has missed out because a rate has already been imposed.
Wednesday 15 December 2010
PRIVATE equity investor 3i has added new sparkle to its European portfolio after buying German jewellery supplier Amor yesterday.
Wednesday 15 December 2010
CARPETRIGHT, the country’s biggest floor coverings retailer, said the outlook for 2011 looked poor as sluggish mortgage approvals meant housing market activity was unlikely to pick up quickly.
Wednesday 15 December 2010
TUI Group, the parent of Tui Travel, reported a 45 per cent fall in profits for the year to September despite a 14 per cent increase in operating earnings from tourism.
Wednesday 15 December 2010
Anti-scar treatment firm Renovo's losses have narrowed – thanks to lower operating costs from restructuring. The company said it remains well funded.
Wednesday 15 December 2010
Bookmakers have shortened the odds on a white Christmas, as weather
Tuesday 14 December 2010
LONDON'S stock indices advanced again today after UK inflation figures and thin volumes failed to hold back its gains.
Tuesday 14 December 2010
IRELAND'S government has passed a new law giving it wide-ranging powers to shrink and overhaul its banks.
Tuesday 14 December 2010
STRONGER-than-expected US retail sales in November and rising producer prices have added to evidence that its economic recovery is gathering pace in the fourth quarter.
Tuesday 14 December 2010
BETFAIR Group, the world's largest betting exchange, has reported lower than expected earnings in its first interim results since floating on the London Stock Exchange.
Tuesday 14 December 2010
Consumer price inflation rose unexpectedly to a six-month high of 3.3 per cent in November, driven by rises in the cost of food and clothing, according to the Office for National Statistics.
Tuesday 14 December 2010
Lloyd's of London insurer Beazley said it dropped its possible offer of up to 350 pence a share for rival Hardy Underwriting, saying that Hardy had sought a much higher price.
Tuesday 14 December 2010
Builders merchant Travis Perkins said turnover for the 11 months to the end of November rose 6.5 per cent and kept its outlook unchanged, as it prepares to complete its takeover of BSS Group.
Tuesday 14 December 2010
Britain's biggest floor coverings retailer, posted a 28 per cent drop in first-half profit as sales were dented by weak consumer confidence and sluggish mortgage approvals.
Tuesday 14 December 2010
Britain's biggest hotel and coffee shop operator Whitbread said it expected strong profit growth in its current financial year benefiting from increased sales at its Premier Inn and Costa Coffee chains.
Tuesday 14 December 2010
INVESTMENT banks have been slammed by the City’s top institutional investors for charging unfairly high fees to companies raising capital through rights issues.
Tuesday 14 December 2010
THE EU’S markets chief accused London banks of blackmailing the union with threats to move abroad in the face of bonus curbs yesterday.
Tuesday 14 December 2010
BRITISH companies led a whirlwind of buyout deals yesterday, in a sign of emerging confidence in the M&A market ahead of the Christmas break.
Tuesday 14 December 2010
LONDON could grind to a halt on one of the busiest shopping days of the year after Tube drivers agreed to yet another strike if they are not paid an extra £50 for working on Boxing Day.
Tuesday 14 December 2010
THANKS to John Redwood, the Tory MP, we now know that the coalition’s supposed commitment to deregulation is a sham.
Tuesday 14 December 2010
FINANCIAL TIMES US REGULATOR WIDENS STANFORD PROBE TO BROKERS
Tuesday 14 December 2010
A KEY part of US President Barack Obama’s landmark healthcare law was declared unconstitutional yesterday, in the first major setback on an issue that will likely end up at the Supreme Court.
Tuesday 14 December 2010
Housing prices continued to fall last month, the Royal Institution of Chartered Surveyors (RICS) said today. Over half (53 per cent) of surveyors reported that house prices had fallen over the three months to November.
Tuesday 14 December 2010
Drugs giant Pfizer said it was raising its quarterly dividend to 20 cents per share from 18 cents yesterday as it named board member George Lorch as nonexecutive chairman, a week after the abrupt departure of chairman and chief executive Jeffrey K
Tuesday 14 December 2010
WORKERS at bailed-out Allied Irish Banks were left reeling after Irish finance minister Brian Lenihan dramatically intervened to block their bonus payments yesterday.
Tuesday 14 December 2010
SEVERAL private equity companies including Guy Hands’ vehicle Terra Firma fell short of the Walker guidelines this year, the group responsible for policing the transparency rules said yesterday.
Tuesday 14 December 2010
SHARES in oil services group Wellstream jumped 5.8 per cent to 790p yesterday after General Electric confirmed its £800m takeover offer.

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