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- Barratt Developments cuts 1,200 jobs
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LONDON (Reuters) - Barratt Developments is cutting 1,200 jobs to cope with the downturn in the housing market, joining a raft of builders taking similar measures, and will not pay a final dividend for 2007-08.
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Original Source: feeds.reuters.com
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9 July, 2008| massmedia |
Comments (0) @ 23:58
- US bank poaches Treasury official
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The fourth-biggest US bank, Wachovia, names senior Treasury official Robert Steel as its new chief executive….
Original Source: news.bbc.co.uk
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9 July, 2008| massmedia |
Comments (0) @ 23:49
- Sports Direct forecasts flat earnings
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LONDON (Reuters) - Sports Direct met forecasts with a 30 percent fall in annual earnings in its first year as a listed company and said it expected little growth this year amid tough trading.
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Original Source: feeds.reuters.com
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9 July, 2008| massmedia |
Comments (0) @ 23:48
- CORRECTION - GfK says no certainty it will make offer for TNS
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(Corrects to insert dropped word in first paragraph to make clear there was no certainty an offer would be made)
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Original Source: feeds.reuters.com
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9 July, 2008| massmedia |
Comments (0) @ 23:44
- AB Foods third quarter sales up
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LONDON (Reuters) - Associated British Foods , owner of Primark fashion stores and the Silver Spoon sugar refiner, posted a 24 percent rise in third-quarter sales and sees higher second-half profits, apart from its sugar operations.
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Original Source: feeds.reuters.com
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9 July, 2008| massmedia |
Comments (0) @ 23:39
- Pentagon reopening aerial tankers contest
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WASHINGTON (Reuters) - Defence Secretary Robert Gates on Wednesday reopened a bitter $35 billion (17.7 billion pounds) aerial tanker contest after the selection process that picked Northrop Grumman Corp and EADS over Boeing Co was found to be flawed.
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Original Source: feeds.reuters.com
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9 July, 2008| massmedia |
Comments (0) @ 23:36
- What the BoE has to weigh up
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LONDON (Reuters) - The Bank of England looks set to hold interest rates steady for the third month running on Thursday as policymakers seem trapped between high inflation on one side and sharply slowing growth on the other.
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Original Source: feeds.reuters.com
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9 July, 2008| massmedia |
Comments (0) @ 23:33
- Singapore hit by global slowdown
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Singapore’s economy shrinks as a drop in drug production and a fall in exports to the US hits output….
Original Source: news.bbc.co.uk
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9 July, 2008| massmedia |
Comments (0) @ 23:31
- GfK says no certainty it will make offer for TNS
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LONDON (Reuters) - Germany’s GfK Holdings AG said on Thursday it wished to clarify that there could be certainty it would make an offer for market research group Taylor Nelson Sofres .
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Original Source: feeds.reuters.com
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9 July, 2008| massmedia |
Comments (0) @ 23:19
- Accessibility worsens for first-time homebuyers
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LONDON (Reuters) - Falling house prices have yet to make it any easier to get on the property ladder as lenders withdraw their best rates and demand higher deposits, a survey showed on Thursday.
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Original Source: feeds.reuters.com
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9 July, 2008| massmedia |
Comments (0) @ 22:51
- Pentagon reopening contest to build tankers
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WASHINGTON (Reuters) - Defence Secretary Robert Gates on Wednesday reopened a bitter $35 billion (17.7 billion pounds) aerial tanker contest after the selection process that picked Northrop Grumman Corp and EADS over Boeing Co was found to be flawed.
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Original Source: feeds.reuters.com
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9 July, 2008| massmedia |
Comments (0) @ 22:03
- Pentagon reopening contest to build aerial tankers
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WASHINGTON (Reuters) - Defence Secretary Robert Gates on Wednesday reopened a bitter $35 billion (17.7 billion pounds) aerial tanker contest after the selection process that picked Northrop Grumman Corp and EADS over Boeing Co was found to be flawed.
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Original Source: feeds.reuters.com
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9 July, 2008| massmedia |
Comments (0) @ 21:59
- Bank expected to keep rates at 5%
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The Bank of England is expected to announce it is keeping interest rates at 5%, amid growing signs the economy is weakening….
Original Source: news.bbc.co.uk
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9 July, 2008| massmedia |
Comments (0) @ 20:52
- Oil rebounds as U.S. crude stocks fall
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SINGAPORE (Reuters) - Oil rebounded 0.7 percent on Thursday, stemming losses of around 4 percent in the last two days, as falling U.S. crude stocks added to supply worries in a market already on tenterhooks following missile tests by Iran.
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Original Source: feeds.reuters.com
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9 July, 2008| massmedia |
Comments (0) @ 20:29
- Bank likely to hold interest rates for now
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LONDON (Reuters) - The Bank of England is expected to hold interest rates at 5.0 percent on Thursday and will probably sit tight until it has a better idea of which is the greater evil, surging inflation or slowing economic growth.
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Original Source: feeds.reuters.com
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9 July, 2008| massmedia |
Comments (0) @ 18:14
- Abu Dhabi buys into NY landmark
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The Abu Dhabi government’s investment arm buys a 75% stake in New York’s iconic Chrysler Building….
Original Source: news.bbc.co.uk
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9 July, 2008| massmedia |
Comments (0) @ 17:58
- Root cause
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Kenyan farmers search for the next big cash crop…
Original Source: news.bbc.co.uk
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9 July, 2008| massmedia |
Comments (0) @ 16:30
- Abu Dhabi eyes Chrysler Building
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One of New York’s most famous landmarks is expected to be sold to the investment arm of the Abu Dhabi government….
Original Source: news.bbc.co.uk
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9 July, 2008| massmedia |
Comments (0) @ 12:23
- M&S’s Rose survives shareholder rebellion
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LONDON (Reuters) - Marks and Spencer boss Stuart Rose survived one of the biggest shareholder rebellions of recent years on Wednesday as 22 percent of investors abstained or voted against his election as executive chairman.
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Original Source: feeds.reuters.com
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9 July, 2008| massmedia |
Comments (0) @ 11:40
- Anheuser urges holders to revoke consent to InBev
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NEW YORK (Reuters) - U.S. brewer Anheuser-Busch on Wednesday urged its shareholders to withhold consent to InBev , which is trying to replace Anheuser’s board of directors with its own slate, and to revoke any consent already given.
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Original Source: feeds.reuters.com
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9 July, 2008| massmedia |
Comments (0) @ 11:21