Business news results from UK - powered by AnHourAgo Media Engine (AME)

BBC Glaxo in profit on cost-cutting Today at 17:02:23 - UK drugmaker GlaxoSmithKline returns to a second-quarter profit thanks to its continuing cost-cutting programme. VIDEO: Morph suit dressed for success Today at 16:32:16 - Business success beckons for Scottish 'morph' suit entrepreneurs who are making money running their business from their flat. US new house sales fall further Today at 16:32:16 - US new home sales fell for the second month a row in June, figures show, while consumer confidence rose slightly in July. VIDEO: Bottle of white wine sells for £75,000 Today at 15:32:54 - A private collector has forked out £75,000 for a bottle of white wine, making it the most expensive ever to be sold. Nissan plans $7.8bn push in China Today at 15:32:54 - Nissan Motor says it plans to invest 50bn yuan ($7.8bn; £4.7bn) in China, the world's biggest car market. Ford sees profits fall to $2.4bn Today at 15:02:02 - US motor company Ford sees its quarterly profits decline, but still beat Wall Street analyst expectations.	Sky News Norway Police 'Couldn't Have Gone Faster' Today at 16:46:35 - Norwegian police have defended their response to last week's deadly bomb and shooting attack saying they "don't think they could have gone faster". 'Twin-Swap' Couple Guilty Of Child Cruelty Today at 14:45:51 - Mohammed and Nafisa Korolia are found guilty of child cruelty and neglect at Preston Crown Court. Inquest Opens Into British Deaths In Helmand Today at 14:17:06 - A senior British army officer said that there had been a "couple of issues of friction" between Afghan soldiers and British troops but that he didn't see it "as the sort of thing that would generate a ... Norway Terror Suspect Had Link With London Today at 14:17:06 - The secret movement which inspired Anders Breivik's mass murder campaign in Norway, which he claims includes two more cells at large, was born in London. Woman Who Cannot Swim Is Saved From Well Today at 13:46:14 - A 65-year-old woman who cannot swim has described how she survived falling into a well.
Guardian Chipmaker ARM Holdings cautions on Christmas sales Today at 17:02:31 - • Second-quarter pre-tax profits beat analysts' forecasts, rising 25%• ARM warns sales of electronic goods are subject to 'uncertainties'The British chip designer ARM Holdings sounded a note of cautio ... PopCap chief: 'EA was a good fit for us' Today at 15:32:57 - PopCap CEO Dave Roberts tells Nick Cowen why the company is thrilled with its purchase by Electronic Arts and what it means for game developmentOne of the biggest game industry stories this year has ... Wall Street under pressure as US debt stalemate drags on Today at 15:32:56 - After the sluggish UK growth figures earlier on Tuesday, continuing concerns about the stalemate over America's debt problem are keeping the pressure on the markets.Wall Street is down nearly 100 poin ... US debt ceiling crisis: Why Republicans won't compromise \| James Antle Today at 14:32:06 - It's no surprise talks over the debt ceiling are at an impasse. Here are four reasons why …Over the past week, Barack Obama has increasingly let his frustration with House speaker John Boehner, his ma ... New Zealand economy banking on Rugby World Cup Today at 14:32:06 - Hopes that short-term financial hit will be outweighed by long-term benefits and positive international exposureIn the Viaduct neighbourhood of Auckland the official Rugby World Cup store is already d ...	Telegraph UK Imperial Tobacco's growth dampened by weak recovery Today at 16:32:28 - The moribund economic recovery has put a dampener on growth at Imperial Tobacco after the cigarette maker said sales of its major brands had slowed in recent months. Charter unveils restructuring to fight off £1.4bn bid Today at 16:32:28 - Engineering company Charter has redoubled its efforts to fight a £1.4bn bid by unveiling a 3.1pc increase in half-year profits and outlining a plan to turn around its troubled welding division, ESAB. Rate Alert: the best fixed rate bonds Today at 16:03:07 - Moneyfacts highlight three fixed-rate savings bonds worth a look. Fraud increases 10pc in first half of 2011 Today at 15:02:04 - Frauds recorded by the UK's Fraud Prevention Service CIFAS increased 10pc in the first six months of 2011. Sadly, we need the banks more than they need us. Today at 15:02:04 - We are all more aware than ever before that we need to find the best home for our money. Savers need to be quick to get the best rate Today at 15:02:04 - The length of time a fixed rate bond is on the market for has fallen to just 37 days, the lowest level since December 2008.	Reuters UPDATE 1-Saab unable to pay wages, blames delayed funding Today at 16:32:25 - * Saab says can't pay 1,600 staff, almost half its workforce UPDATE 2-Asur will not bid for Brazil airport concessions Today at 16:32:25 - * CEO says unaware of Chico Pardo rumored stock sale (Adds comments on holder sale, need of routes, Mexicana impact, updates stock) LPC-BC Partners gets $2.3 bln loans for Com Hem LBO-sources Today at 16:32:25 - LONDON, July 26 (Reuters) - Private equity firm BC Partners has raised 14.66 billion Swedish crowns ($2.3 billion) of loans to back its buyout of Swedish TV, broadband and telephony company Com He ... UPDATE 2-Debt fears overshadow Fiat's raised profit target Today at 16:32:25 - * Fiat beats trading profit consensus of 485 mln euros in Q2 JetBlue profit falls as fuel costs rise Today at 16:32:20 - CHICAGO (Reuters) - JetBlue Airways reported a 19 percent drop in second-quarter profit despite rising revenue as fuel prices battered the low-cost carrier and its rivals in the United States. ...
Independent Geoffrey Spence appointed as new head of Infrastructure UK Today at 14:32:15 - Geoffrey Spence, a personal economic adviser to then chancellor Alistair Darling during the banking crisis, has been appointed to head up the Treasury body that oversees the UK’s infrastructure plan. ... Oil giant BP reports quarterly £3.2bn profit Today at 13:32:10 - Oil giant BP said today that it had benefited from higher oil prices as it reported quarterly profits of 5.3 billion US dollars (£3.2 billion). 'Special factors' blamed for slow growth Today at 10:34:31 - Britain's economy slowed between April and June after new figures today showed the UK grew by 0.2% in the quarter. UK economic growth slows still further Today at 10:02:09 - Britain's economy slowed between April and June after new figures today showed the UK grew by 0.2% in the quarter. Government awaits key GDP growth data Today at 09:03:00 - Pressure on the Government to announce a "plan B" for the economy could increase today if, as expected, official figures show that the economy has slowed sharply or gone into reverse.	ITN BP reports £3.2bn profit Today at 09:33:11 - BP has reported profits of £3.2 billion in the three months to June, compared with a loss of £10.3 million for the same period last year.Related StoriesBetfair unveils record profitRyanair facing risi ... Government awaits crunch GDP data Today at 07:04:52 - Pressure on the Government to announce a "plan B" for the country's economic recovery could increase today if, as expected, figures show that the economy has slowed sharply or gone into reverse.Relate ... Ryanair facing rising fuel costs pressure 7/25/2011 at 10:35:38 - Budget airline Ryanair has blamed its rising fuel bill for affecting profit figures.Related StoriesMPs criticise East Coast rail franchise terminationThousands on strike over pensionsGovernment faces ... Eight banks fail EU stress tests 7/25/2011 at 00:02:41 - Eight out of 90 banks across Europe have failed stress tests, the European Banking Authority has said, a slight increase on seven last year.Related StoriesEurozone debt could spread to Italy and Spain Consumers warned over energy price hikes 7/24/2011 at 16:33:17 - Two more major energy suppliers are set to announce big increases in the price of gas and electricity, according to a Sunday newspaper.Related StoriesBritish Gas announce prices risesEnergy doorstep s ...	Economist Japan's debt: The domino that never falls 7/21/2011 at 21:46:35 - The long-term prognosis for the debt-ridden economy is not goodWHAT do bond investors do when debt crises threaten the euro zone and America? Head for safety in a far more indebted country. Yields on ... Buttonwood: Swiss gold 7/21/2011 at 21:18:39 - The paper currency that everyone seems to likePAPER currencies have not been very popular of late—witness gold's surge to a record high against the dollar, sterling, the euro and the yen on July ... Wall Street and the debt ceiling: Unthinkable? 7/21/2011 at 21:18:39 - Contingency planning, sort ofBEN BERNANKE reckons it would be “a huge financial calamity”. Bond markets remain sanguine about a possible failure to raise America's debt ceiling by August 2 ... Chinese insurance: Where the state does too little 7/21/2011 at 21:18:39 - China's insurance industry holds a mirror to the governmentTHE insurance industry, designed as it is to smooth over life's dramas, is meant to be somewhat dull. Insurers themselves mostly conform to t ... Saving for retirement: The wrong number 7/21/2011 at 21:18:38 - People should focus on their savings, not withdrawalsNOW that defined-benefit, or final-salary, pensions are going the way of the dodo, many private-sector workers are accumulating a pensions pot to s ...
RTT News Zee Entertainment Q1 Group Profit Declines 7/21/2011 at 10:37:11 - Media and entertainment company Zee Entertainment Enterprises Ltd., reported lower consolidated net profit and revenues for the first-quarter, hurt by increase in total expenses. Kingfisher Q2 Sales Hurt By Weakness In UK - Update 7/21/2011 at 10:37:11 - Home improvement retailer Kingfisher Plc (KGF.L) reported Thursday that its total like-for-like sales for the second quarter edged down 0.5 percent as difficult trading environment in UK more than off ... Indiabulls Financial Q1 Group Profit Soars 7/21/2011 at 09:07:43 - Indiabulls Financial Services Ltd., an integrated financial services and real estate development company, reported a surge in its consolidated net profit for the first-quarter on increased revenues. European Stocks Seen Higher Ahead Of EU Summit 7/21/2011 at 08:25:36 - European stocks are seen extending gains for a third day on Thursday, as investors brace for the euro zone summit due later in the day which will attempt to agree on a second bailout plan for debt-str ... Roche H1 Profit Declines; Lifts Full-year Outlook 7/21/2011 at 08:25:29 - Swiss drugmaker Roche Holding AG reported Thursday a decline in first-half profit, hurt by unfavorable currency impact, the U.S. healthcare reforms and the expected sales declines of cancer drug Avast ...	CityWire Investors wary as eurozone decision time looms 7/21/2011 at 10:37:11 - Investors were making few moves with markets steady ahead of today’s summit, with the FTSE flat, despite reports of an agreement between France and Germany. China’s capacity to ‘shock’ the global economy rising, says critical I... 7/21/2011 at 09:48:53 - International Monetary Fund calls for far-reaching reforms in a report analysing the potential ‘spillover’ China’s policies could have on the world. Scottish & Southern Energy hikes gas prices by 18% 7/21/2011 at 09:48:53 - Scottish & Southern Energy is the third of the 'Big Six' energy suppliers to announce price increases in the last two months. Thursday Papers: Blackstone to acquire Jack Wolfskin for €700m - tips,... 7/21/2011 at 04:35:45 - And Carl Icahn has raised his offer for Clorox to $ 13 billion. Thursday Papers: Berlin and Paris agree on Greece bailout - money and... 7/21/2011 at 04:35:45 - And George Osborne has urged eurozone leaders to “get a grip” on the sovereign debt crisis.	Business Weekly ‘Plane’ crisps on menu as local spud takes off Today at 17:16:46 - An East Anglian crisp brand is celebrating take-off in the airline industry. Read more... Cyan bids to raise £1.1m growth capital Today at 14:17:16 - Integrated system design company Cyan Technology – based in Cambridge UK – is bidding to raise £1.1m through a placement of shares. Read more... Sinclair and Acorn could have been as big as Apple Today at 14:17:16 - Cambridge technology pioneers Sinclair Research and Acorn Computers could have built companies as large and successful as Apple as early as the 1980s had they been based in Silicon Valley rather than ... ARM stretches out after revenue and profits surge Today at 14:17:15 - ARM Holdings, the Cambridge superchip designer, has boosted Q2 revenues by 18 per cent to £117.8m. Read more... Energy recruiter opens Lowestoft office Today at 14:17:15 - Specialist energy recruitment firm R People Ltd has expanded its operations in East Anglia with the opening of a new office at OrbisEnergy in Lowestoft, the UK hi-tech innovation centre for offshore r ...
Kingston Guardian Young actresses perform for charity Today at 03:45:45 - Budding actresses performed professionally at a Shakespeare festival for charity. Former war interrogation centre could become school Today at 03:45:45 - A World War II interrogation centre which could have housed Hitler’s deputy Rudolph Hess could become an alternative site for a controversial secondary school. Teachers set off on Arctic Circle bike trek 7/25/2011 at 03:46:22 - Two teachers have set off on an ambitious expedition to cycle to the Arctic Circle during the school summer holidays. Nursery children graduate, with honours 7/25/2011 at 03:46:22 - Nursery school children enjoyed a special graduation ceremony on Tuesday, July 18. School fete drums up cash despite the rain 7/25/2011 at 03:46:22 - A school fete raised over £1,000 for new play equipment despite a deluge that forced many events to be cancelled or moved inside. Kingston schools lobbying for share of £500m building funds 7/24/2011 at 03:46:11 - Kingston schools are waiting to see if they will receive a slice of £500m for school building announced this week.	Isle of Wight County Press Another Lions cap for Briggs 7/25/2011 at 18:16:11 - VENTNOR spinner Danny Briggs had another call-up to the England Lions squad. Therapy comes in rare bottles 7/25/2011 at 00:46:27 - WINE lovers have a new destination on the Island, following the opening of Wine Therapy, at Cowes.The couple behind the distinctive grape-coloured High Street shop have stocked the premises entirely w ... Superloos a hit at IW Festival 7/25/2011 at 00:46:27 - THE founders of an Island-based superloo company are flushed with success after their hi-tech toilets proved a hit at the IW Festival. Ferry’s haulage arm taken over 7/25/2011 at 00:46:27 - STEVE Porter Transport Group has taken over Red Funnel Distribution (RFD), the ferry company’s haulage arm. Linda unwraps a sweetie treat 7/25/2011 at 00:46:27 - A TRADITIONAL sweet shop, selling favourite treats from a bygone era, has opened in Newport. Pub scoops accolade 7/25/2011 at 00:46:27 - OWNERS of the The Taverners, Godshill, are celebrating after scooping one of the most prestigious awards in the pub industry.	The Banker Lean and liquid 7/24/2011 at 00:16:15 - Andrey Stepanenko, head of retail banking at Raiffeisen Bank The Russian consumer lending boom came to an abrupt end in late 2008, but convergence between consumer finance and traditional retail bank ... The survival of Russian retail banking 7/24/2011 at 00:16:15 - The Russian retail banking sector has survived the crisis largely intact, and the change of focus from growth to funding and risk management could have long-term benefits for its resilience. Writer Ph ... Vietnam braced for retail ramp-up 7/24/2011 at 00:16:15 - At your inconvenience: in 2006, Vietnam had only 46 ATMs for every 1 million people Vietnam's large unbanked population and its growing middle class present a major opportunity for local and foreign ... Can decision science improve customer relationship management? 7/24/2011 at 00:16:15 - As rising unemployment promotes higher rates of customer delinquency, banks are having to get to know their customers all over again. Decision science can help. Writer Nicholas Pratt The treasurers bite back 7/23/2011 at 00:16:17 - The global economic downturn has left banks with tattered reputations and a financially scarred client base. They will have to work very hard in 2010 to convince corporate clients of their long-term ...
Daily Express Fuel costs trouble Ryanair Today at 00:32:14 - MORE passengers are taking to the skies with budget airline Ryanair, but soaring fuel costs are causing turbulence. Holidaybreak shoots ahead on takeover talk Today at 00:32:14 - SHARES in travel firm Holidaybreak soared yesterday after the firm said it was in talks with a potential buyer. Gold soars as fears of US default panic the markets Today at 00:32:14 - GOLD hit a record high yesterday and the US dollar fell against the Swiss franc and Japanese yen as fears that America could default on its debt and a downgrading of Greece's bond ratings triggered a ... Domino's net profits Today at 00:32:14 - PIZZA delivery firm Domino's is aiming for a bigger slice of the online market after the web helped it serve up higher sales and profits. Yorkshire Building Society buys Egg Today at 00:32:14 - YORKSHIRE Building Society snapped up the mortgage and savings business of internet bank Egg yesterday. Reckitt boosted by SSL purchase Today at 00:32:13 - NUROFEN painkiller and Dettol disinfectant maker Reckitt Benckiser boosted profits by buying Durex condom maker SSL and expanding in emerging markets.	Daily Mail Schoolchildren fired up to go into business after The Apprentice succe... 7/24/2011 at 17:01:58 - As Tom Pellereau celebrates winning the latest series of television's The Apprentice, 40 school students have been having fun finding out if they could become future entrepreneurs. University challenge: Fears of a generation who'll start working life ... 7/24/2011 at 11:35:25 - Many students will graduate with debts approaching £50,000 - equivalent to a small mortgage - when fees are hiked to £9,000 a year in 2012. Euro debt crisis: Who is next and what does it mean for you? 7/21/2011 at 18:24:35 - Europe is in a debt crisis that eurozone leaders are desperately trying to solve. We take a look at what's happening, run the rule over the teetering economies and explain what it means for you. CML figures show property market stuttering as June mortgage lending f... 7/21/2011 at 10:02:44 - The property recovery remains firmly on hold, with mortgage lending down 3 per cent in June on the already low figure seen the year before - despite a seasonal 16 per cent monthly boost Equity release leaves us cold but it is better than retirement poverty 7/20/2011 at 10:22:31 - Poverty in old age is something to be very worried about. I wonder how many of those two million pensioners living below the breadline are sitting in homes worth tens, if not hundreds, of thousands of ...