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MyTravel warns on profits

MyTravel Group said on Wednesday its annual profit would be less than previously expected following difficult trading conditions

Next benefits from home shopping

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Clothing retailer Next Plc posted a 3.6 percent increase in first half protect profits on Wednesday, as a surge in its catalogue and Internet business helped offset a drop in samem store sales.

BAE profits jump on U.S. deals

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BAE Systems said on Wednesday its core first half earnings rose by 39 percent helped its U.S. operations, including a one off accounting gain there.
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FTSE led up by Next

The FTSE 100 edged higher on Wednesday, led by Next after it reported results well ahead of consensus estimates, but weighed down by miners after a decline in metal prices.
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BAA Passenger Shortfall Following Tighter Security

According to Airport operator BAA, there was a 0.3% increase in British passenger numbers in August. Following the plot to blow up airliners last month, BAA spent an additional 13 million pounds to introduce tighter security.
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Thorntons year profits fall

Chocolate retailer Thorntons Plc posted a 36 percent drop in full year profits on Tuesday because of sluggish high street demand
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Thomas Cook narrows 9-mth loss

Thomas Cook, Europe's second biggest tourism firm, said on Tuesday it had narrowed its loss in the first nine months of the year by 21 percent as it cut costs and the number of holidaymakers in Germany rose.
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Britain wins partial victory in EU tax case

The British government won a partial victory on Tuesday as the top EU court said it could stop companies from making wholly artificial arrangements to avoid tax by setting up foreign units.
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UTV says outperforms rivals

Northern Irish broadcaster Ulster Television Plc, which has been in merger talks with Scottish based media company SMG Plc, said it had outperformed rivals during its first half.
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H&R Block cuts rates on tax refund loans

After a barrage of lawsuits accusing it of overcharging customers, H&R Block Inc. on Thursday said it will slash fees on loans to people waiting for tax refunds.
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Algeria unveils limits to foreign oil role

OPEC member Algeria unveiled long-awaited amendments to a reform of its hydrocarbon sector on Saturday that limit foreign participation in exploration and production and impose a windfall tax on surplus profits.
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Mishaps Lead to New Scrutiny for BP CEO

A series of scandals at oil giant BP Plc's U.S. operations, has shaken investors' faith in its head John Browne and prompted some to re-examine the record of a man often rated among the world's most respected CEOs.
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OFT criticised for LME ban

The Office of Fair Trading (OFT), Britain's competition watchdog, has been heavily criticised by an appeals tribunal for a ban it imposed on the London Metal Exchange extending trading hours.
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Tanigaki mum on topic of forex talks at G7

Japanese Finance Minister Sadakazu Tanigaki said on Friday that G7 financial heads would discuss exchange rates when they meet in Singapore on September 16, but he declined to say if the yen would be at the center of those talks.
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Watchdog takes on current account charges

The Office of Fair Trading will look at bank charges for customers who overdraw their accounts after winding up a months long probe into penalties for the late payment of credit card bills.

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