Newsroom

U.S. food group CEO to brief media as McDonald's feels pinch in China food scandal

Reuters UK Business News - 22 min 21 sec ago
SHANGHAI (Reuters) - The head of U.S. meat supplier OSI Group, the parent company of a Chinese firm at the centre of a food safety scandal, will hold a news conference in Shanghai later on Monday, as McDonald's Corp struck more meat dishes off its menus in China.






Ryanair lifts profit guidance after first quarter surge

Reuters UK Business News - 34 min 54 sec ago
DUBLIN (Reuters) - Ryanair boosted its annual profit guidance on Monday as rivals cuts theirs after the Irish airline booked a better-than-expected first quarter in which net income rose 152 percent from a year earlier.






China shares lead Asia higher, dollar buoyed

Reuters UK Business News - 46 min 35 sec ago
TOKYO (Reuters) - Asian stocks shrugged off a drop in Wall Street and hovered near three-year highs on Monday, with China taking the lead after data showed a robust jump in profits earned by industrial firms in the world's second-largest economy.






Pfizer's need for deal looms larger with earnings report

Reuters UK Business News - 55 min 1 sec ago
NEW YORK (Reuters) - Pfizer Inc's vulnerability to cheaper generics and its weak roster of experimental medicines will be on display Tuesday when the company reports quarterly earnings, reviving interest in its pursuit of AstraZeneca Plc or other deals to fortify its pipeline.






Hague court to order Russia to pay $50 billion in Yukos case - paper

Reuters UK Business News - 58 min 56 sec ago
MOSCOW (Reuters) - Shareholders in defunct oil giant Yukos won a court battle against Russia in one of the largest-ever commercial legal cases, in which Moscow must pay $50 billion (29.45 billion pounds) for expropriating the assets, Kommersant daily said, citing unnamed sources.






China condemns U.S. anti-dumping duties on solar imports

Reuters UK Business News - 1 hour 20 min ago
BEIJING (Reuters) - China's Commerce Ministry castigated the United States on Monday for setting new import duties on Chinese solar products, saying Washington's actions risked damaging the industry in both countries.






Commerzbank widens savings programme - Handelsblatt

Reuters UK Business News - 2 hours 37 min ago
FRANKFURT (Reuters) - Commerzbank , Germany's second-biggest bank, is widening the scope of its savings programme to outsource parts of its finance department, which includes accounting, German daily newspaper Handelsblatt reported.






Danone in talks to sell medical nutrition unit to Hospira - FT

Reuters UK Business News - 3 hours 15 sec ago
PARIS (Reuters) - French dairy group Danone is in talks to sell its medical nutrition business to U.S. group Hospira in a deal valuing the unit at about $5 billion (2.94 billion pounds), the Financial Times reported on Sunday, citing people familiar with the situation.






Sankaty to buy JPMorgan debt portfolio for $1 billion - FT

Reuters UK Business News - 3 hours 4 min ago
(Reuters) - Bain Capital's credit arm, Sankaty Advisors, is buying the debt portfolio of JPMorgan's principal investment group for more than $1 billion (589 million pounds), the Financial Times reported.






Australia's NAB sells $1 billion UK property loan portfolio

Reuters UK Business News - 4 hours 12 min ago
MELBOURNE (Reuters) - National Australia Bank Ltd has agreed to sell a 625 million pound ($1 billion) portfolio of mostly non-performing UK commercial property loans to an affiliate of private equity firm Cerberus Global Investors.






Ireland to give green light for hedge funds to lend

Reuters UK Business News - 7 hours 6 min ago
DUBLIN (Reuters) - Ireland, one of the biggest hubs for funds in Europe, will allow hedge funds based in the country to lend to companies under new rules drawn up by the central bank, the bank said.






Britons warier about house-buying - Halifax

Reuters UK Business News - 7 hours 11 min ago
LONDON (Reuters) - Britons are feeling much less positive about buying a house while sentiment toward selling is improving, according to a survey on Monday which added to other suggestions that the housing market is losing a bit of steam.






Australia's NAB sells $1 billion UK property loan portfolio

Reuters UK Business News - Sun, 27/07/2014 - 23:57
MELBOURNE (Reuters) - National Australia Bank Ltd has agreed to sell a 625 million pound ($1.06 billion) portfolio of mostly non-performing UK commercial property loans to private equity firm Cerberus Global Investors.






As U.S. kicks off crude exports, Iran casts a shadow in Asia

Reuters UK Business News - Sun, 27/07/2014 - 22:31
SINGAPORE (Reuters) - The United States faces an awkward rival in its first attempts in 40 years to export crude oil - Iran.






Danone in talks to sell medical nutrition unit to Hospira - FT

Reuters UK Business News - Sun, 27/07/2014 - 20:50
PARIS (Reuters) - French dairy group Danone is in talks to sell its medical nutrition business to U.S. group Hospira in a deal valuing the unit at about $5 billion (2.94 billion pounds), the Financial Times reported on Sunday, citing people familiar with the situation.






School garden is a tribute to war heroes

Newmarket Journal - Sun, 27/07/2014 - 18:03

A commemorative garden area was opened at Burwell Village College primary school on Monday to mark First and Second World War anniversaries. Funded by local businesses, it features a cherry tree, log seating, lavender, a tree seat, a plaque with ‘1914-2014’ on and thousands of planted poppy seeds.

Categories: Local Press

Move to tackle housing crisis

Newmarket Journal - Sun, 27/07/2014 - 17:39

A council could soon start building and buying affordable homes in a bid to tackle housing shortages.

Categories: Local Press

Headteachers say their fond farewells

Newmarket Journal - Sun, 27/07/2014 - 17:36

Two of the longest serving and most respected primary school headteachers in Newmarket have said their final farewells to pupils and staff.

Categories: Local Press

Pupils go wild for wildlife . . .

Newmarket Journal - Sun, 27/07/2014 - 17:34

An allotment once plagued by vandalism was reopened on Friday as a secure wildlife garden for Soham school children.

Categories: Local Press

Serbian government presents laws to speed up privatisation

Reuters UK Business News - Sun, 27/07/2014 - 16:42
BELGRADE (Reuters) - Serbia's government adopted a new privatisation bill and proposed changes to bankruptcy law on Sunday to speed up the sale of loss-making state-owned companies.






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