Newsroom

China's CGN Power sets price range valuing IPO at up to $3.2 billion - IFR

Reuters UK Business News - 6 hours 48 min ago
HONG KONG (Reuters) - CGN Power Co. Ltd., China's largest nuclear power producer, is set to launch on Monday an initial public share offer in Hong Kong worth up to $3.2 billion, to raise funds for its expansion.






Cambridgeshire County Council says it has resolved issues after report showed errors in electric bills for street lighting

Ely Standard - 7 hours 4 min ago

All of the issues thrown up by an audit of the street lighting contract run by Balfour Beatty which showed Cambridgeshire County Council “will not be paying the correct amount for its electricity” have been resolved, say a new report.

Categories: Local Press

Analysis - Countdown to missed opportunity for EU economy

Reuters UK Business News - 7 hours 27 min ago
PARIS (Reuters) - The countdown has begun to what threatens to be a missed opportunity to revive Europe's stalled economy.






Falling inflation a worry for Europe but also the world

Reuters UK Business News - 8 hours 53 min ago
LONDON (Reuters) - European Central Bank President Mario Draghi has moved closer to launching sovereign debt purchases and data this week will show just how dangerously low inflation has fallen in the $13 trillion euro zone economy.






Sweden's Wallenberg dynasty prepares for sixth generation

Reuters UK Business News - 10 hours 9 min ago
STOCKHOLM (Reuters) - Jacob Wallenberg, the 58-year-old head of one of Europe's most enduring family dynasties, is trying to work out how the empire controlling much of Sweden's economy could look with a woman or someone without the family name at the helm.






Putin stands by hawkish Russian central bank - for now

Reuters UK Business News - 11 hours 24 min ago
MOSCOW (Reuters) - With Russia's economy battered by economic sanctions and plunging oil prices, President Vladimir Putin has allowed the central bank to administer strong medicine, sharply raising interest rates even as it freed the rouble to float.






Aviva says will compensate customers sold wrong annuities

Reuters UK Business News - 17 hours 3 min ago
LONDON (Reuters) - British insurer Aviva plc said on Saturday it would compensate around 250 annuity customers who had been short-changed because of an error in its sales process.






Aviva says will compensate customers sold wrong annuities

Reuters UK Business News - Sat, 22/11/2014 - 19:17
LONDON (Reuters) - British insurer Aviva plc said on Saturday it would compensate around 250 annuity customers who had been short-changed because of an error in its sales process.






Albanian opposition rallies against tax, power burden

Reuters UK Business News - Sat, 22/11/2014 - 17:43
TIRANA (Reuters) - Tens of thousands of Albanians protested on Saturday against tax hikes in next year's budget, accusing the Socialist-led government of impoverishing Albanians and falling short on its promises.






SGL says in talks with many carmakers to supply carbon fibre parts

Reuters UK Business News - Sat, 22/11/2014 - 15:07
FRANKFURT (Reuters) - SGL Group , the materials supplier for carbon fibre reinforced parts in BMW's electric cars, is in talks with several other carmakers to supply carbon fibre for a wider range of automotive components, its chief executive said.






Swiss agency has more queries over Etihad plan to buy Darwin stake

Reuters UK Business News - Sat, 22/11/2014 - 14:55
ZURICH (Reuters) - Swiss authorities have given Darwin Airline until the end of January to answer more questions about Etihad Airways' plans to buy a third of the Swiss airline before it gives the deal the green light.






Europe not at risk of full-blown deflation - ECB's Constancio

Reuters UK Business News - Sat, 22/11/2014 - 14:30
FLORENCE Italy (Reuters) - Europe is not at risk of sliding into "full deflation" but the current rate of inflation is dangerously low, European Central Bank Vice President Vitor Constancio said on Saturday.






Volkswagen on track to reach 2018 margin goal - Wirtschaftswoche

Reuters UK Business News - Sat, 22/11/2014 - 14:04
FRANKFURT (Reuters) - German auto maker Volkswagen , which is cutting costs and overhauling its development and production, is on track to reach its goal of a pretax profit of 8 percent of sales by 2018, German weekly Wirtschaftswoche reported on Saturday.






Thyssen CEO says sale of submarine unit possible - Sueddeutsche

Reuters UK Business News - Sat, 22/11/2014 - 13:46
FRANKFURT (Reuters) - ThyssenKrupp would consider a sale of the group's military submarine business under certain conditions, the German steel maker's chief executive told daily Sueddeutsche Zeitung.






China's rate-cut likely to hurt banks, curb new loans to small borrowers

Reuters UK Business News - Sat, 22/11/2014 - 13:26
SHANGHAI (Reuters) - China's latest interest rate cut is set to dent the profitability of domestic lenders, especially mid-sized banks, which are already suffering from higher bad loans and a slowdown in profit growth.






Italy expects no further EU demands to correct budget

Reuters UK Business News - Sat, 22/11/2014 - 13:20
FLORENCE Italy (Reuters) - Italy does not expect any more requests from the European Commission to change its 2015 budget to meet European rules on debt reduction, Italy's top official on EU policy said on Saturday.






Egypt hopes to attract $10-12 billion at investment summit in March

Reuters UK Business News - Sat, 22/11/2014 - 13:12
CAIRO (Reuters) - Egypt hopes to attract investment of $10-$12 billion in 20 projects, including in energy, transport and water, at a major conference in mid-March, the minister for international cooperation said on Saturday.






Take a trip back in time to the prehistoric Fens with new film

Ely Standard - Sat, 22/11/2014 - 12:54

What was the Ely area like when dinosaurs roamed the Fens?

Categories: Local Press

Ely’s Mothers’ Union leads campaign against domestic violence

Ely Standard - Sat, 22/11/2014 - 12:51

The Ely branch of the Mothers’ Union will be joining members worldwide to campaign against gender-based violence.

Categories: Local Press

Damon’s effort remembers Neil

Newmarket Journal - Sat, 22/11/2014 - 12:50

The best friend of a Burwell man killed in a road accident 10 years ago raised more than £2,500 in his memory by completing last month’s Great North Run.

Categories: Local Press

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