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World - Wife awarded $530 million in record British divorce


London (AFP) - The estranged wife of a London financier was awarded £337 million ($530 million, 425 million euros) on Thursday in one of the biggest divorce settlements seen in a British court.


Thursday, November 27, 2014  23:33

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World - Woolly mammoth skeleton sold at UK auction


London (AFP) - The skeleton of an Ice Age woolly mammoth fetched £189,000 ($300,000, 239.000 euros) at auction Wednesday as it went under the hammer in Britain with a host of other rare or extinct species.


Wednesday, November 26, 2014  22:27

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World - Royal Bank of Scotland fined for IT failure: regulator


London (AFP) - British financial regulators have fined state-owned Royal Bank of Scotland a combined £56 million for a series of IT failures that left customers unable to access services, they said Thursday.


Thursday, November 20, 2014  08:38

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World - British house prices soar 12.1% in one year


London (AFP) - British house prices soared by a whopping 12.1 percent to an average of £273,000 in the year to September , the fastest rate of growth in more than seven years, official figures showed on Tuesday.


Tuesday, November 18, 2014  11:19

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World - British insurer Aviva reveals talks to buy rival for £5.5bn


London (AFP) - British insurer Aviva said late Friday that it is in advanced talks to buy rival Friends Life for £5.5 billion ($8.6 billion, 6.9 billion euros) to create the nation`s biggest insurance, savings and asset management firm.


Friday, November 21, 2014  22:16

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World - UK mobile operator EE says in talks with BT


EE confirmed Wednesday that it has held `exploratory` discussions over a possible sale of its mobile business to BT Group, which would result in Britain`s former national operator regaining a mobile network. Earlier this week, BT announced it had been approached by shareholders from two operators -- Spanish peer Telefonica and one other unnamed group -- with a view to buying their UK mobile businesses. The other company was however understood to have been EE, which is a joint venture between Deutsche Telekom of Germany and Orange of France. `Deutsche Telekom AG and Orange SA, the joint shareholders of EE Ltd, regularly analyse the development of the market in which EE operates, evaluating various strategic options which have the potential to create value for EE`s shareholders and strengthen the market position of EE,` EE announced on Wednesday.


Wednesday, November 26, 2014  10:08

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World - Female suicide bombers kill at least 21 in Nigeria`s northeast


By Lanre Ola MAIDUGURI, Nigeria (Reuters) - Two female suicide bombers killed at least 21 people on Tuesday in a busy market area of Nigeria`s northeastern city of Maiduguri, center of a militant Islamist insurgency, emergency services said. Four witnesses told Reuters near the scene that a woman had entered the roadside trading area behind the city`s main market before blowing herself up. `While the people were trying to help the injured, the second bomb blasted,` witness Sani Adamu told Reuters. `I saw lots of bodies`. ...


Tuesday, November 25, 2014  15:36

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World - Female suicide bombers kill at least 10 in Nigeria`s northeast


MAIDUGURI, Nigeria (Reuters) - Two female suicide bombers blew themselves up killing at least ten people on Tuesday in a crowded market area of Nigeria`s northeastern city of Maiduguri, center of a militant islamist insurgency, witnesses said. Four witnesses told Reuters near the scene that a woman had entered the roadside trading area behind the city`s main market before blowing herself up. `While the people were trying to help the injured the second bomb blasted,` witness Sani Adamu told Reuters. `I saw lots of bodies`. Nigerian authorities did not immediately respond to requests for ...


Tuesday, November 25, 2014  13:01

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World - US stocks get a boost from pharma companies


Financial markets moved higher in afternoon trading Tuesday, with medical equipment and pharmaceutical stocks among the biggest gainers. A positive outlook from homebuilders and encouraging news from Japan and Germany also helped lift markets. The Dow Jones industrial average and Standard & Poor`s 500 index were on pace for another record-high close.


Tuesday, November 18, 2014  19:10

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Business - British lawmakers to quiz bankers after forex fines: source


By Kirstin Ridley LONDON (Reuters) - British lawmakers will quiz top bankers in the wake of last week`s $4.3 billion (3 billion deal with regulators to settle allegations of collusion and manipulation in the foreign exchange market, a source familiar with the matter said on Tuesday. The source said the decision by the powerful Treasury Select Committee (TSC) had been agreed in principle. But hearings into how traders attempted to rig the $5.3 trillion-per-day forex market may not be held until December or possibly the New Year. ...


Tuesday, November 18, 2014  18:15

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