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World - Royal Bank of Scotland sets aside £400m for forex probes


London (AFP) - Britain`s state-owned Royal Bank of Scotland has set aside £400 million ($639 million, 509 million euros) linked to global probes into alleged price-rigging in foreign exchange markets, it said Friday.


Friday, October 31, 2014  08:36

Yahoo

World - Police pay £425,000 to mother of spy`s child


London (AFP) - Police are to pay compensation to woman who had a child with a man she did not know was an undercover agent, the Guardian and BBC reported.


Friday, October 24, 2014  08:42

Yahoo

World - Britain`s SFO opens criminal probe into Tesco profits error


London (AFP) - Britain announced a criminal investigation on Wednesday into accounting practices at the country`s biggest retailer, Tesco, after the supermarket group overstated its profits by £263 million ($424 million, 333 million euros).


Wednesday, October 29, 2014  15:17

Yahoo

World - Thales wins 1.9 bn-euro bid for British military air traffic


London (AFP) - French aerospace giant Thales and British air traffic control services have won a £1.5 billion (1.9 billion euro, $2.4 billion) contract to upgrade Britain`s military air traffic system, the defence ministry said on Wednesday.


Wednesday, October 29, 2014  11:57

Yahoo

World - Government backs east-west rail link


London (AFP) - The government backed a proposal for a high-speed rail link between cities in northern England, a second phase to the £50 billion HS2 project.


Monday, October 27, 2014  00:58

Yahoo

World - Barclays sets £500m aside for forex probes


London (AFP) - British bank Barclays has set aside £500 million ($800 million, 634 million euros) linked to global probes into allegations of price-rigging in foreign exchange markets, cutting quarterly net profits, it said on Thursday.


Thursday, October 30, 2014  09:49

Yahoo

World - Barclays bank says it sets £500m aside for forex probes


London (AFP) - British bank Barclays has set aside £500 million ($800 million, 634 million euros) linked to global probes into allegations of price-rigging in foreign exchange markets, cutting quarterly net profits, it said on Thursday.


Thursday, October 30, 2014  09:12

Yahoo

Sports - London American football franchise could earn UK £100m - report


London (AFP) - The establishment of an American football franchise in London could generate over £100 million ($162 million) a year for the British economy, according to a report published by financial analysts Deloitte on Wednesday.


Wednesday, October 29, 2014  13:28

Yahoo

Business - U.S. consumer spending falters; wage gains highest since 2008


By Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer spending fell for the first time in eight months in September, suggesting the economy lost some momentum heading into the fourth quarter. The slowdown in consumer spending, however, is likely to be temporary, as other data on Friday showed wages in the third quarter recorded their largest increase in more than six years. Consumer spending declined 0.2 percent last month after a 0.5 percent increase in August, as demand for goods tumbled and demand for services barely rose, Commerce Department data showed. ...


Friday, October 31, 2014  13:38

Yahoo

Business - U.S. consumer spending weakest in eight months, savings jump


WASHINGTON, (Reuters) - U.S. consumer spending fell in September for the first time in eight months, suggesting the economy lost some momentum heading into the fourth quarter. The Commerce Department said on Friday consumer spending declined 0.2 percent last month as demand for goods tumbled and services barely rose. Spending had increased by an unrevised 0.5 percent in August. Economists polled by Reuters had expected consumer spending, which accounts for more than two-thirds of U.S. economic activity, to increase 0.1 percent in September. When adjusted for inflation, consumer spending fell ...


Friday, October 31, 2014  12:56

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