GO
Loading...

Ukraine

More

  • Santander UK blames IT delays for RBS deal collapse Friday, 12 Oct 2012 | 4:41 PM ET

    LONDON, Oct 12- Spain's Santander said it pulled out of a deal to buy 316 UK branches from Royal Bank of Scotland as there was no chance of the deal completing by the end of this year and it was unwilling to extend the deadline again.

  • Ranking countries by their government debt to GDP Friday, 12 Oct 2012 | 3:34 PM ET
  • LONDON, Oct 12- Royal Bank of Scotland said Spain's Santander has pulled out of its 1.65- billion-pound deal to buy 316 UK RBS branches in a blow to the state-backed British bank.

  • Santander pulls out of $2.7 bln UK RBS branches deal Friday, 12 Oct 2012 | 3:04 PM ET

    LONDON, Oct 12- Royal Bank of Scotland said Spain's Santander has pulled out of its 1.65- billion-pound deal to buy 316 UK RBS branches in a big blow to the state-backed British bank. RBS said it will restart the sale process, which had been ordered by European authorities as a cost for Britain's rescue of RBS back in 2008..

  • Nine other euro zone states joined France and Germany-- which have strongly pushed the measure-- in approving the tax at a European Union finance ministers meeting in Brussels this week, despite vocal opposition from Britain and Sweden. After heavy diplomatic pressure from Berlin, Spain and Italy agreed to support the measure, as well as Slovakia and Estonia.

  • LONDON, Oct 12- Britain's public broadcaster, the BBC, is to launch two internal inquiries into allegations that its late presenter Jimmy Savile, a household name to millions, used his fame to sexually abuse children over four decades, the corporation said on Friday.

  • Greenbrier resort buys historic W.Va. course Friday, 12 Oct 2012 | 2:10 PM ET

    CHARLESTON, W.Va.-- The Greenbrier resort is buying one of the nation's oldest golf courses after it failed to sell at auction over the summer, the resort's owner told The Associated Press on Friday. Greenbrier owner Jim Justice confirmed the purchase of Oakhurst Links.

  • TOKYO, Oct 13- British finance minister George Osborne on Saturday blamed an effective German veto for the failure of a $45 billion merger between British defence firm BAE.

  • TOKYO, Oct 13- Many Western economies are failing to face up to their responsibilities in the face of heavy economic headwinds, British finance minister George Osborne said on Saturday.

  • LONDON, Oct 12- Bosideng International Holdings, China's largest maker and distributor of down clothing, is eyeing store openings in Milan and New York if its first overseas venture in London proves a hit with the British capital's shoppers.

  • By Sinead Cruise and Chris Vellacott. LONDON, Oct 12- A plan to allow British employers to give shares to workers who sign away employee rights could leave the same staff with soaring tax bills, experts warn.

  • *Turkey- Syria tensions, lower N. Sea output support. Brent and U.S. crude remained on track to post weekly gains of around 2 percent, as the turmoil in the Middle East, especially in Syria, continues to intensify.

  • FACTBOX-UK utilities' latest tariff changes Friday, 12 Oct 2012 | 11:50 AM ET

    LONDON, Oct 12- Britain's' Big Six' energy suppliers, which control 99 percent of the market, are expected to increase energy tariffs this winter following a rise in underlying wholesale prices, network costs and mandatory government schemes to reduce carbon emissions and help disadvantaged households.

  • STOCKS NEWS EUROPE-UK small caps close 0.3 pct higher Friday, 12 Oct 2012 | 11:48 AM ET

    The FTSE Small Caps index closes 0.3 percent higher, outperforming falls of 0.6 percent on the FTSE 100 and 0.5 percent on the FTSE 250. Morgan Sindall gains 1.3 percent as the UK construction and regeneration group says it has been appointed preferred delivery partner for a 1.1 billion pounds contract at the Sellafield nuclear reprocessing plant.

  • Commodity stocks pull European shares cautiously lower Friday, 12 Oct 2012 | 11:34 AM ET

    *STMicroelectronics rallies on break-up talk. LONDON, Oct 12- European blue chip shares ended the week in negative territory with weakness in commodity stocks outpacing gains in healthcare and consumer staples.

  • LONDON, Oct 12- Frantic drilling activity across the United States has at last begun to moderate, as the industry responds to the plunge in prices for natural gas and now liquids such as butane and natural gasoline.

  • --We are assigning our' BBB-' issue rating to Prologis European Properties Fund II FCP' s proposed $300 million senior unsecured notes to be issued through its financing vehicle Prologis International Funding II S.A..

  • UK promises major inquiry on 1989 stadium disaster Friday, 12 Oct 2012 | 11:21 AM ET

    LONDON-- A U.K. watchdog has launched its biggest-ever investigation into police actions, opening a new inquiry Friday into the 1989 Hillsborough stadium disaster that left 96 fans dead and whole communities angry over a decades-long police cover-up.

  • BRUSSELS, Oct 12- China has expressed concerns about a potential EU investigation of telecom equipment makers Huawei and ZTE Corp over illegal subsidies, a European Commission official said on Friday.

  • LONDON, Oct 12- Peripheral banks unwilling or unable to lengthen their maturity profiles are building up a redemption hump which they will have to face just as billions of euros of cheap ECB money is coming up for repayment.