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  • Two Explosives-Rigged Cars Defused in London Friday, 29 Jun 2007 | 5:23 PM ET
    A Mercedes car is loaded onto a removals truck in Haymarket Street, near Piccadilly, central London which contain a suspected car bomb Friday, June 29, 2007. British police defused a bomb found in a parked car in central London on Friday, and the new government called an emergency meeting of senior security chiefs to investigate what many feared could have been a planned terror attack in the capital. (AP Photo/Simon Dawson)

    Police in London's bustling nightclub and theater district on Friday defused a bomb that could have killed hundreds, after an ambulance crew spotted smoke coming from a Mercedes filled with a lethal mix of gasoline, propane and nails, authorities said.

  • U.S. Treasury debt rallied on Friday as underlying inflation retreated, but the bond market still posted its worst quarter in over a year.

  • A Mercedes car is loaded onto a removals truck in Haymarket Street, near Piccadilly, central London which contain a suspected car bomb Friday, June 29, 2007. British police defused a bomb found in a parked car in central London on Friday, and the new government called an emergency meeting of senior security chiefs to investigate what many feared could have been a planned terror attack in the capital. (AP Photo/Simon Dawson)

    Police cordoned off part of central London after they defused what they called a "potentially viable explosive device" found in a car.

  • London Stock Exchange to Buy Borsa Italiano Sunday, 24 Jun 2007 | 11:40 AM ET

    The London Stock Exchange is to buy its Italian counterpart for 1.6 billion euros ($2.15 billion), the two exchanges confirmed in a statement on Saturday, the latest step in a global nsolidation of exchanges.

  • Italian Stock Exchange Backs LSE Bid: Source Friday, 22 Jun 2007 | 12:48 PM ET

    Borsa Italiana has backed a 1.6 billion euro ($2.14 billion) takeover by the London Stock Exchange, said a person close to the situation, bringing closer a deal that could boost the LSE's own bid defenses.

  • U.S. hedge fund Third Point said on Thursday it plans an initial public offering (IPO) in London to raise about 500 million euros ($665.3 million), bringing one of the most aggressive activist investors to Europe.

  • U.S. Whole Foods Supersizes in London, Next Europe Tuesday, 5 Jun 2007 | 7:29 AM ET

    Whole Foods Market, the world's largest organic and natural foods chain, opens its first store outside North America in London on Wednesday and plans hundreds more in Britain and across Europe.

  • BAA, the U.K. airports operator, is in talks to sell a half-share in a group of warehouses and offices around Heathrow airport for about £600 million ($1.18 billion), the Times newspaper reported.

  • Dubai 'Sour' Futures Contract to Launch Thursday, 31 May 2007 | 6:24 AM ET

    The energy market could have a new benchmark oil price when Dubai launches its Middle East sour crude futures contract as an alternative to New York's NYMEX light crude oil futures and London's IPE Brent crude oil.

  • Cantor to Combine eSpeed, BGC in $1.3 Billion Deal Wednesday, 30 May 2007 | 7:57 AM ET

    Bond trader Cantor Fitzgerald is combining its electronic brokerage eSpeed, which has been a takeover target, with its BGC Partners inter-dealer broker into a new publicly listed company in a $1.3 billion deal.

  • London's Big Bus Sells Stake to Gulf Arab Family Tuesday, 29 May 2007 | 5:29 AM ET

    Owners of London-based The Big Bus, which runs hop-on hop-off tourist buses in the British capital, Baltimore and Dubai, sold a 30% stake to a Gulf Arab family, Abu Dhabi's Al Fahim Group said on Tuesday.

  • London Stock Exchange Annual Profits Rise 55% Wednesday, 16 May 2007 | 11:56 AM ET

    The London Stock Exchange Group's annual net profit rose 55% as hedge funds and specialist traders boosted the number of average daily trades, the bourse reported Wednesday.

  • New vs. Existing: What's up with that??? Wednesday, 25 Apr 2007 | 4:10 PM ET
    will_build_AP.jpg

    So I just saw on TV that Gwyneth Paltrow doubled her money on the sale of her Tribeca apartment in Manhattan. $14 mill!! She may not like the U.S. (she moved to London because, she has said, she prefers the European way of life), but she can't trash the NYC real estate market now, can she? Like I've been saying and saying and saying, all real estate is local.