MUMBAI (Reuters) - Indian media company Bennett, Coleman & Co has bought Virgin Radio for 4.5 billion rupees (53 million pounds), local newspapers reported on Sunday, citing a statement from the Indian company.
SYDNEY (Reuters) - Australia has become a refuge for a new endangered species: the high-flying banker.
NEW DELHI/MUMBAI (Reuters) - India’s Sterlite Industries on Saturday agreed to buy the operating assets of bankrupt copper miner Asarco for $2.6 billion (1.3 billion pounds), the latest in the series of overseas acquisitions by Indian firms.
NEW YORK (Reuters) - JPMorgan Chase & Co said on Saturday it completed its $1.4 billion (707 million pounds) Bear Stearns Cos takeover, capping the demise of a Wall Street firm that survived the Depression and numerous slumps in its 85 years but could not navigate the mortgage crisis.
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PARIS (Reuters) - European aircraft maker Airbus is in exclusive talks with a joint-venture between German defence group Diehl and French electronics group Thales for its cabins factory in Laupheim, Germany.
PARIS (Reuters) - Russia’s Prime Minister, Vladimir Putin, said he had warned BP about the risks of setting up a venture with a group of Russian billionaires when he blessed its creation as Russian president in 2003.
NEW DELHI/MUMBAI (Reuters) - India’s Sterlite Industries on Saturday agreed to buy the operating assets of bankrupt copper miner Asarco for $2.6 billion (1.31 billion pounds), the latest in the series of overseas acquisitions by Indian firms.
An Irish painter liberated by FranceCHRISTIE’S British art week brings together some of the most famous artists of the mid-20th century: L.S. Lowry, John Piper, Graham Sutherland and two formidable dames, Barbara Hepworth and Elizabeth Frink.But the name that is likely to cause the most excitement among collectors is William Scott. To which you respond: Who? …
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WASHINGTON (Reuters) - BAE Systems has become the Pentagon’s sixth-biggest supplier, up from eighth, despite a U.S. investigation of its compliance with anti-bribery laws to win a Saudi arms deal in the 1980s.
NEW YORK (Reuters) - India’s Vedanta Resources has made the top bid for the assets of bankrupt copper miner Asarco with a $2.6 billion (1.3 billion pound) offer, according to a Wall Street Journal online story on Friday.
NEW YORK/LONDON (Reuters) - The group in charge of setting Libor interest rates said on Friday it will strengthen oversight of the global interbank lending benchmark, months after it became seriously distorted by the credit crisis.
NEW YORK (Reuters) - Oil prices rose to over $127 a barrel on Friday as a drop in the dollar drew in investors seeking to hedge against the weaker greenback.
Beijing’s official tourism body is urging tour operators to stop selling holidays to France, Paris claims….
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The tank is near empty as we drive across the Brooklyn Bridge in search of a cheap fill-up outside of Manhattan. Approaching the brownstone-packed Park Slope neighborhood, I type the zip code “11217″ on my laptop which is connected via aircard to automotive.com, one of at least a half-dozen sites that promise to locate the lowest-priced gas station wherever you may be driving in the country. Automotive.com gets our first test because the firm promoted itself to CNN.
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LONDON (Reuters) - English soccer club Sheffield United said on Friday its chairman and main investor, property entrepreneur Kevin McCabe, planned to take the company private.
LONDON (Reuters) - Europe’s biggest bank HSBC fought off an investor backlash over a multi-million pound executive pay plan on Friday and dismissed claims its troubled U.S. unit cannot finance itself and should be sold.
LONDON (Reuters) - The FTSE 100 ended down on Friday as lower crude oil prices weighed on commodity shares but lifted British Airways , while funding concerns dragged banks lower.
LONDON (Reuters) - British workers are on course to retire on little over 200 pounds a week — less than the current minimum wage, research shows.
LONDON (Reuters) - Silverjet has become the third business-class-only airline flying between London and New York to collapse, after failing to get an emergency $5 million (2.5 million pound) loan.
LONDON (Reuters) - Silverjet airline said on Friday it appointed administrators after failing to secure funding to continue operations.
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