UNITED KINGDOM

Grainger resumes buying after rights issue

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Britain's largest quoted residential investor Grainger said on Wednesday it was back in the hunt for new property buys after shoring up its finances and observing signs of stability in the housing market.

Low IQ among top heart health risks, study finds

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Research by Britain's Medical Research Council (MRC) found that lower intelligence quotient scores were associated with higher rates of heart disease and death, and were more important indicators than any other risk factors except smoking.
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UK firm gets final green light for stem cell trial

The treatment involves injecting neural stem cells developed from human fetuses into patients' brains in the hope they will repair areas damaged by stroke, thereby improving both mental and physical function.
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McDonald's January same-store sales rise

McDonald's Corp posted an expectations-topping 2.6 percent increase in January sales at established restaurants, as overseas results overshadowed a sluggish performance in the United States.
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McDonald's January same-store rise

McDonald's Corp posted an expectations-topping 2.6 percent increase in January sales at established restaurants, as overseas results overshadowed a sluggish performance in the United States.
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Brown faces bumpy ride with vote reform plan

Prime Minister Gordon Brown hopes a parliamentary vote on Tuesday on changing Britain's electoral system will improve Labour's chances of staying in power, but the complex tactic risks backfiring.
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G7 outlook upgraded, but lags emerging stars

The world's richest economies are set to grow faster this year than forecast a month ago, although the latest Reuters economic outlook showed the upturn will be feeble in comparison to resurgent emerging market peers.
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Molson Coors profit misses estimates

Molson Coors Brewing Co reported a lower-than-expected quarterly profit on Tuesday, weighed down by weak volumes across all markets and cost inflation in the United States and Britain.
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G7 outlook upgraded but lagging emerging stars

The world's richest economies are set to grow faster this year than forecast a month ago, although the latest Reuters economic outlook showed the upturn will be feeble in comparison to resurgent emerging market peers.
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MillerCoors Q4 slides, warns of tough economy

MillerCoors, the second-largest brewer in the United States, on Tuesday reported a 21.6 percent slide in fourth-quarter net income reflecting a tough economy and a sharp rise in share-based salary bonus packages.
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Asian shares mixed; euro wins respite

Asian shares broadly rose on Tuesday, led by Taiwan and South Korea, and the euro staged a small rebound from its recent drubbing, but Japan and Australia fell as investor sentiment remained weak on euro zone fiscal concerns.
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Daily Forecast - 9/2/2010

After gapping higher on the open yesterday the Aussie dollar pared back gains above 87 cents to spend the majority of the Asian day exchanging between 0.8640 and 0.8680.
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13 Famous Bridges Around the World

Most often bridges make us wonder how technology made possible their construction. They are a means of getting from one point to another but although we walk or drive on them (almost) daily, we don't always stop to admire them.
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Greek unions promise strikes

Greek civil servants threatened on Monday to stage more strikes in protest at government austerity measures, heightening fears debt-laden members of the euro zone may struggle to deliver on promises to tackle stretched budgets.
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Pressure grows for Iran sanctions over atomic plans

International pressure for new sanctions against Iran grew on Monday after Tehran announced more moves to expand nuclear fuel production and enrichment plants, heightening Western fears it wants to make atom bombs.
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Internet prompts the publishing itch in over-60s

The Internet is helping older British readers rekindle a love of books and writing, and an overwhelming majority of senior citizens see the medium as a positive development, according to a survey.
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Xstrata reinstates dividend, upbeat on outlook

Mining group Xstrata reinstated dividends on Monday, reflecting confidence about commodities demand and its finances after posting an expected 41 percent fall in 2009 profit reflecting weaker metals prices.
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Spain's Santander mulls IPO for UK arm

Spanish bank Santander is considering the sale of a minority stake in its UK arm through a stock market flotation to potentially repeat a windfall from a Brazilian spinoff last year, industry sources said on Monday.
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Private equity firms brace for tax battle

Private equity firms are again being threatened with higher taxes, as a long-running debate over how to classify their profits again becomes a focus for governments desperate for cash.
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Daily Forecast - 8/2/2010

The Aussie dollar remained relatively range bound on Friday bouncing between 0.8650 and 0.8700 for the majority of the Asian session.
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G7 reassures on Greece, talks tough on banks

Reassurances about debt-strapped Greece and agreement that banks should pay for future rescue funds capped an international meeting in Canada's Arctic, as European policymakers sought to convince jittery markets that they have things under control.

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