Man rushed to hospital following two-car collision

Ely Standard - Fri, 27/03/2015 - 10:34

A man was taken to hospital following a collision near Sutton last night (Thursday).

Categories: Local Press

Tribute to former mayor

Newmarket Journal - Fri, 27/03/2015 - 09:00

Town councillors observed a minute’s silence in memory of former Newmarket mayor Bill Burch before their meeting on Monday.

Categories: Local Press

Asian stocks mixed as Mideast worries linger, oil eases

Reuters UK Business News - Fri, 27/03/2015 - 04:31
TOKYO (Reuters) - Asian stocks were mixed on Friday as rising tensions in the Middle East obscured the investment outlook, while the dollar rebounded.

Oil prices fall more than $1 as supply threat eases

Reuters UK Business News - Fri, 27/03/2015 - 04:29
SINGAPORE (Reuters) - Oil prices fell more than $1 on Friday, after sharp gains in the previous session, as worries of a disruption to crude supplies due to Saudi Arabia-led air strikes in Yemen eased.

JPMorgan retains number one spot in investment banking but revenues slip

Reuters UK Business News - Fri, 27/03/2015 - 04:08
LONDON (Reuters) - The U.S. bank JPMorgan retained its crown as the top performing investment bank in 2014, although its revenues fell 6 percent, new data showed on Friday.

South Korea sees gains for its infrastructure firms from joining AIIB

Reuters UK Business News - Fri, 27/03/2015 - 03:59
SEJONG, South Korea/SEOUL (Reuters) - South Korea hopes its infrastructure companies will benefit from the country joining the China-backed Asian Infrastructure Investment Bank (AIIB), the finance ministry said on Friday.

China January-February industrial profits down 4.2 percent year-on-year, worst drop since 2012

Reuters UK Business News - Fri, 27/03/2015 - 03:42
BEIJING (Reuters) - China's industrial profits fell 4.2 percent in January-February from a year earlier as the economy slowed and profit margins deteriorated, moderating from an 8 percent drop in December but still the sharpest decline in the first two months since 2012.

Japan core consumer inflation grinds to halt, keeps BOJ pressured

Reuters UK Business News - Fri, 27/03/2015 - 02:04
TOKYO (Reuters) - Japan's annual core consumer inflation ground to a halt in February, the first time it has stopped rising in nearly two years, keeping the central bank under pressure to expand monetary stimulus later this year.

Japan still cautious on AIIB, to keep in contact with U.S

Reuters UK Business News - Fri, 27/03/2015 - 01:07
TOKYO (Reuters) - Japan remains cautious about joining the China-led Asian Infrastructure Investment Bank (AIIB), Finance Minister Taro Aso said on Friday, as a March 31 deadline draws near for becoming a founding member.

MPs slam financial watchdog over insurance debacle

Reuters UK Business News - Fri, 27/03/2015 - 00:11
LONDON (Reuters) - Britain's financial regulator broke its own rules by failing to keep markets orderly when it mishandled the announcement of a review into life insurance policies, lawmakers said on Friday.

Analysis - Pilot's actions may add to Germanwings' liability in mountain crash: lawyers

Reuters UK Business News - Thu, 26/03/2015 - 23:29
NEW YORK/BERLIN (Reuters) - Lufthansa subsidiary Germanwings could face liabilities well above the typical ceiling in airline crashes for the passengers who died on Tuesday when one of its jets was flown into an Alpine mountain, some aviation lawyers said.

UBP set to buy RBS's Coutts International

Reuters UK Business News - Thu, 26/03/2015 - 22:29
ZURICH (Reuters) - Swiss private bank Union Bancaire Privee (UBP) is set to buy Royal Bank of Scotland's international private banking arm Coutts International, a source familiar with the deal told Reuters on Thursday.

Brazil uncovers multibillion-dollar tax fraud at Finance Ministry

Reuters UK Business News - Thu, 26/03/2015 - 21:31
BRASILIA (Reuters) - Brazilian authorities on Thursday said they uncovered a tax fraud scheme at the Finance Ministry's tax appeals board that may have cost taxpayers up to 19 billion reais (4.01 billion pounds).

G20 watchdog to study bond market liquidity, asset managers

Reuters UK Business News - Thu, 26/03/2015 - 20:39
FRANKFURT (Reuters) - The global financial system is safer but there is no room for complacency because of concerns about the international bond market, Financial Stability Board Chairman Mark Carney said on Thursday.

Greece prepares reforms, eyes deal with euro zone next week

Reuters UK Business News - Thu, 26/03/2015 - 20:11
ATHENS (Reuters) - Greece will present measures to boost tax revenues and encourage investors as part of a reforms list aimed at reaching a deal with lenders early next week to unlock aid, the government said on Thursday.

London or Paris: which is the club for Russia's Ukraine debt?

Reuters UK Business News - Thu, 26/03/2015 - 18:50
LONDON (Reuters) - A legal conundrum is threatening plans to ease Ukraine's debt burden and possibly its entire $40 billion (26 billion pound) IMF-led bailout: should a $3 billion Eurobond held by Russia be classed as commercial paper, or as bilateral sovereign debt?

Nomura, RBS 'crap' emails come into play in $1 billion mortgage bond trial

Reuters UK Business News - Thu, 26/03/2015 - 18:46
NEW YORK (Reuters) - In 2007, a Royal Bank of Scotland Group Plc employee emailed his boss with his view of a sample of mortgages underlying a bond that the bank was underwriting: "This one is crap."

Aviva, Friends Life shareholders vote for merger

Reuters UK Business News - Thu, 26/03/2015 - 18:33
LONDON (Reuters) - Shareholders of British insurers Aviva and Friends Life voted on Thursday in favour of Aviva's 5.6 billion pound ($8.4 billion) takeover of Friends Life.

U.S. jobs, services sector data point to growth rebound

Reuters UK Business News - Thu, 26/03/2015 - 17:37
WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits fell more than expected last week while activity in the services sector hit a six-month high in March, underscoring the economy's solid fundamentals despite a recent softening in growth.

FTSE falls for third day as tech, travel stocks are hit

Reuters UK Business News - Thu, 26/03/2015 - 16:59
LONDON (Reuters) - Britain's top share index fell sharply on Thursday, led by tech stocks as investors grew nervous about their declining growth prospects and rich valuations.