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FTSE falls as Tomkins hits construction

The FTSE 100 fell on Thursday, led by a sharp decline in the construction sector and amid lingering fears that the Bank of England may put up interest rates at noon.

Investor activism not welcome globally

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The investing world today may be a global marketplace, but not every country is playing by the same set of rules when it comes to shareholder activism.

Drax leads FTSE lower

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Shares fell on Wednesday, led by Drax Group, amid new fears that the Bank of England may, contrary to expectations, raise interest rates on Thursday after its two day meeting.
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DSG boosted by flat panel TVs

DSG International Plc increased like for like sales 5 percent in the first 16 weeks of its financial year on strong demand for flat panel TVs
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SunGard tops list of bidders for Misys: sources

U.S. software firms SunGard Data Systems and Fiserv Inc top the list of suitors expected to submit bids for UK software company Misys by a deadline set for later this week, sources close to the matter said on Monday.
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FTSE drifts down, hit by consumer confidence data

Britain's largest shares drifted down on low volumes led by Diageo and with sentiment hit by a survey showing a sharp decline in British consumer confidence and by buoyant sterling following strong house price data.
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Unloved bonds make investor comeback - for now

Signs that the world economy is at a turning point are being reflected by tentative evidence that bonds are moving back into favor after years as an unloved alternative to booming equities.
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Permira to buy Unilever frozen food business

Anglo-Dutch consumer products group Unilever NV/Plc said on Monday it agreed to sell the bulk of its frozen foods business to private equity group Permira Funds for 1.725 billion euros ($2.2 billion).
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Broadband on the Rise

High-speed internet connections are on the incline in both the United States and Britain, according to industry experts.
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Friendster looks to recover lost glory

Friendster Inc. said on Monday it received $10 million in new funding to expand abroad and help its pioneering social-networking site survive in a market dominated by younger successors who stole its thunder.
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SA Alex Forbes sells risk unit to settle debt

South African financial services company Alexander Forbes confirmed on Monday it has agreed to sell its international risk services unit to Lockton International Holdings for a £67.6 million ($127.5 million).
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Coca-Cola: Goodbye UK, Hello Africa

The Coca- Cola company said on Friday it will relocate its Africa Group office from Windsor, England to Johannesburg in South Africa starting in January next year, in a bid to increase business growth in Africa.
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UK to get first city with high-speed WiMax coverage

A British city known for its concrete cows is set to become one of the most technologically advanced in Britain after it said it would to be the first UK town to boast a high-speed WiMax wireless broadband network.
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DVD Giveaways Signal Decline of Format

British newspapers are now giving away free as many DVDs as are being purchased in stores, revealing a stealth contributing factor to the decline of Hollywood's cash cow format.
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Microsoft Launches adSense in the U.K

Microsoft is launching its online ad platform dubbed AdCenter in the United Kingdom on Monday to handle all of the paid-search traffic on MSN Search and Windows Live.
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Pensioner becomes surprise YouTube star

YouTube, the popular online home video site, has an unexpected star - a septuagenarian British widower - whose soft-spoken, humble manner has won the hearts of users of the youth dominated Web site.
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Airlines to cut Heathrow flights amid security row

Airlines will cut 20 percent of flights departing London's Heathrow Airport on Monday following a directive by the airport's owner amid a growing dispute over how to handle tougher security measures.
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Bomb plot wake-up call in terror finance fight

The world's top money laundering watchdog on Friday called on countries to intensify measures to combat the financing of terrorism in the wake of the UK bomb plot and called Britain's efforts exemplary.
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Researchers chase goal of non-hijackable plane

Can technology create a non-hijackable plane?By 2008, European researchers aim to bring that vision closer to reality through an ambitious security program to combat on-board threats in an industry left reeling this week by a security scare that raised the specter of September 11.
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BETonSPORTS shutters US business

Internet gaming group BETonSPORTS, which removed its chief executive from his job following his detention in Texas last month on racketeering charges, said on Friday it was closing down the U.S. business, which drives the vast majority of the company's profits.

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