Friday, 25 July 2008 @ 02:12
British Energy agrees to EDF takeover
LONDON (Reuters) - Nuclear operator British Energy has agreed to be taken over by French utility Electricite de France for around 775 pence per share, a source briefed on the matter said on Friday.
Friday, 25 July 2008 @ 01:14
Rate rise needed despite gloom
LONDON (Reuters) - Interest rates need to rise to prevent the inflation genie escaping the bottle despite the bleakest growth outlook since the early 1990s, according to a report by a leading think-tank published on Friday.
Friday, 25 July 2008 @ 00:25
Retail seen to risk meltdown in next 10 years
LONDON (Reuters) - Rising costs and depressed demand could reshape Britain's retail industry over the next 10 years, with bankruptcies and job losses set to rise as companies struggle to adapt, a report showed on Friday.
Friday, 25 July 2008 @ 00:01
Global stocks slide on economic news
NEW YORK (Reuters) - U.S. stocks fell sharply on Thursday, pulled down by a plunge in banking shares, as disappointing economic news snapped optimism that had been growing from last week and renewed a safe-haven bid for bonds.
Thursday, 24 July 2008 @ 21:00
Boss of BP Russia venture leaves
BP says the chief executive of its Russian venture TNK-BP has temporarily left Russia because of "sustained harassment".
Thursday, 24 July 2008 @ 20:07
MPs back changes to access scheme
RURAL business campaigners have welcomed the support of an influential Parliamentary committee for changes to the Government's plans for coastal access.
Thursday, 24 July 2008 @ 20:07
New boss takes up reins at EEDA
THE former head of St Edmundsbury Borough Council said yesterday she was looking forward to championing the region as she took up her new role as chief executive of the East of England Development Agency (EEDA) yesterday .
Thursday, 24 July 2008 @ 20:07
Awards honour communication in business
THE Suffolk Criminal Justice Board scooped the big prize at the annual Communic8 Awards, organised by the Communicators in Business East Anglia. Praised for its three-stage communications strategy to improve public confidence in the criminal justice system, the Suffolk Criminal Justice Board was named the Golden Communicator of the Year and will automatically go forward for the National Communic8 Awar...
Thursday, 24 July 2008 @ 20:07
Ryanair to cut Stansted services
BUDGET airline Ryanair today warned of hundreds of job losses at Stansted Airport as it announced a 14% cut-back in flights for the coming winter. Irish-based Ryanair, which also announced cuts in services from Dublin earlier this week, blamed the move on a number of factors including the increase in fuel prices, the cost of using Stansted and a “total failure” of the Civil Aviation Authority's regul...