Tim Gee, senior M&A partner at Baker & McKenzie, talks about U.K. assets and the M&A sector, as the country enters a new stage, post-Brexit. » Read More
SYDNEY, Oct 8- Australian shares slipped 0.1 percent in early trade on Monday, with mining stocks losing ground while banks gained, and traders were looking for new momentum drivers as the market consolidated last week's rise to 14- month highs.
LONDON, Oct 8- Etihad Airways, Abu Dhabi's flag carrier, will announce a code share agreement with Air France-KLM on Monday, the Financial Times reported. The deal will not include an equity stake and signals a thawing of relations between Europe's flag carriers and the younger Gulf airlines, the FT said.
Seven global electricity and nuclear technology companies are threatening on Monday to withdraw plans for hundreds of millions of pounds of future investment in Britain because of attempts by George Osborne to water down the government's green commitments.
SYDNEY, Oct 8- Australian shares slipped 0.1 percent in early trade on Monday, in line with a dip on Wall Street where a surprise drop in the U.S. unemployment rate was overshadowed by investor concern about the coming earnings season.
LONDON, Oct 8- Temporary job placements in Britain rose at the fastest pace in 14 months in September as demand for new staff picked up, a survey showed on Monday, providing fresh signs of resilience in the British labour market.
BIRMINGHAM, England, Oct 8- Britain's Conservative-led government would cut an extra 10 billion pounds a year from its welfare budget and slash spending across the board in the next phase of austerity if re-elected, finance minister George Osborne will say on Monday.
MELBOURNE, Oct 8- Australian shares are expected to open roughly unchanged on Monday, buoyed by a surprise drop in the U.S. unemployment rate, with the market set to consolidate gains that took the benchmark index to a 14- month high last week.
LONDON-- The French and German governments must reduce their stakes in defense company EADS NV for the U.K. to allow a proposed merger with BAE Systems PLC to go ahead, Britain's defense secretary warned Sunday. Philip Hammond said Britain would veto the mega-merger of the aeronautics and defense companies if this requirement wasn't satisfied.
SINGAPORE, Oct 8- Indonesia is buying submarines from South Korea and coastal radar systems from China and the United States. Vietnam is getting submarines and combat jets from Russia, while Singapore- the world's fifth-largest weapons importer- is adding to its sophisticated arsenal.
LONDON, Oct 7- Australian central bank chief Glenn Stevens has been approached by British Treasury officials seeking a new head for the Bank of England after governor Mervyn King steps down next year, the Sunday Times newspaper reported.
LONDON, Oct 7- A painting by Russian-American artist Mark Rothko was defaced by a visitor to London's Tate Modern museum on Sunday and a spokeswoman said police were investigating.
*Cameron says Britain must keep a free press. LONDON, Oct 7- Prime Minister David Cameron said Britain would avoid "heavy-handed state intervention" of its national press after phone hacking victims urged him on Sunday to remain open-minded about the recommendations of an inquiry into media ethics.
LONDON-- A letter in which Albert Einstein dismissed the idea of God as a product of human weakness is being sold on eBay for a starting price of $3 million. The letter, handwritten in 1954, a year before Einstein's death, was addressed to philosopher Eric Gutkind.
PARIS, Oct 7- The chief executive of French luxury group LVMH, Bernard Arnault, is set to be knighted in London for his contributions to the British luxury industry, an LVMH spokesman said on Sunday. With the knighthood, Arnault will join such personalities as Bill Gates, Stephen Spielberg and Placido Domingo, all of whom have been similarly honored.
*France, Germany and UK battling over state role in group. BIRMINGHAM, England, Oct 7- Britain will block the proposed $45 billion merger between EADS and BAE Systems if key "red line" priorities are not met, defence minister Philip Hammond said on Sunday, just three days before a deadline for detailing the deal.
*France, Germany and Britain battling over state role in group. BIRMINGHAM, England, Oct 7- The proposed $45 billion merger between EADS and BAE Systems must ensure British security and jobs are preserved, finance minister George Osborne said on Sunday, just three days before a deadline for detailing the deal.
*DJ profits key as News Corp splits publishing from entertainment. Lex Fenwick, a long-time Bloomberg LP executive, is making his mark on Dow Jones, the News Corp. He works from a desk in a corner of the seventh floor of News Corp's headquarters in midtown Manhattan, and his conversations- often expletive-laced- can be widely heard.
LONDON, Oct 7- Britain will veto the proposed $45 billion merger between EADS and BAE Systems if its "red line" conditions are not met, British Defence Secretary Philip Hammond said on Sunday. He told BBC radio the merged aerospace-defence group could not be controlled by any one government.
BIRMINGHAM, England, Oct 7- The proposed $45 billion merger between EADS and BAE Systems must ensure British security and jobs are preserved, finance minister George Osborne said on Sunday, just three days before a deadline for detailing the deal.
*UK faces choice of deeper cuts or longer austerity. By Guy Faulconbridge and Matt Falloon.