United kingdom

Investec posts "strong" H1 operating results, AUM rises

Investec Plc, the specialist bank and wealth manager, posted a "strong" operational performance in the first half, with five of its six core businesses recording a substantial increase in earnings. Third party assets under management grew 4.9 percent to 77.8 billion pounds.

Royal prenup in the air?

Britain's Prince William and his long-time girlfriend Kate Middleton ended speculations about their future by announcing their engagement on Tuesday but triggered a new speculation over whether the couple will opt for a prenuptial agreement.

UK unemployment edges down in Q3; jobless claims drop

The number of unemployed people in the UK fell by 9,000 to 2.45 million during three months to September, bringing the unemployment rate down by 0.1 percent to 7.7 percent, the Office for National Statistics (ONS) said on Wednesday.

Prince William’s wedding expected to boost UK tourism

Prince William’s royal wedding with his longtime girlfriend, Kate Middleton, can boost UK tourism, a top UK tourism official has predicted. The speculation is being made as the couple announced their engagement on Tuesday.

Rexam sees H2 results similar to H1

Beer can manufacturer Rexam Plc said trading for the period since July 1 has been in line with its expectations, and it expects second half results to be similar to those of the first.

Majestic Wine interim profits up 20 pct; lifts dividend

Majestic Wine Plc, UK's largest wine warehouse chain, reported a 20 percent rise in first-half pretax profit as sales rose on substantial increase in active customers, and the company lifted its interim dividend by 17.9 percent to 3.3 pence.

MetLife to stop selling Long-Term Care Insurance

MetLife Inc., the largest life insurer in the U.S., said it plans to discontinue the sale of new Long-Term Care Insurance (LTCI) coverage next year, citing ongoing financial challenges facing the LTCI industry.

Arianna Huffington: A look at the winner in new online acquisition spree

Huffington launched the news site more as a commentary outlet and an alternative to other conservative news sites by inviting Arthur Schlesinger Jr. to blog, who would fax his blogs. That's not blogging, Arthur used to criticise her. Now with the takeover by AoL, Arianna will become a boss of the entire editorial content of AoL channels.

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