UK Oct. public sector borrowing rise more than expected
UK public sector borrowing rose more than expected in October, raising doubts over the coalition government's ability to meet its spending cut estimates.
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.
European Union car sales slump 16.6 pct in October
Registration of European passenger cars slumped by 16.6 percent in October against the numbers recorded in the corresponding period a year ago
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.
U.S. lags on traffic safety, as Feds urge states to act
Federal officials urged states to take action on passing traffic safety laws on Tuesday, as a new study found the United States was lagging in reducing traffic fatalities compared with other high-income nations.
British Land H1 underlying pretax profit falls
British Land Co Plc reported a lower first half underlying pretax profit as the year-ago period benefited from the release of credit risk provision.
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.
Euro area reports trade surplus for September
The euroarea reported a trade surplus for the month of September, according to a report by Eurostat, the statistical office of the European Union.
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.
Electric cars to drive Israel to energy independence
Israel is expected to provide favorable environment for the companies which are planning to roll out electric cars.
Paracetamol use in pregnancy runs the risk of asthma in child
A team of U.K. scientists found evidence suggesting that the risk of childhood asthma associated with prenatal paracetamol exposure may depend on antioxidant genes in the mother.
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.
Land Securities swings to H1 profit on valuation surplus
U.K. real estate investement trust Land Securities Group Plc swung to a pretax profit for the first half, helped by a valuation increase on its portfolio of 3.4 percent. Net assets per share rose 6 percent.
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.