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Britains FTSE hits fresh 5-12 year peaks
* FY net 569 mln eur vs f'cast 558 mln in company poll* Buoyed by 6 pct rise fares, extras up 20 percent* Says profit growth may be flat in year ahead* High fuel, wait for new planes to weigh on profit* Shares up more than 5 pct, high record ...
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SGAM sells London business
Societe Generale Asset Management (SGAM) has sold its London subsidiary (SGAM UK) to GLG Partners, Inc. SGAM UK currently manages $8.2bn worth of assets, equating to around 2.5 per cent of overall assets managed by SGAM. The transaction will see SGAM UK shares sold to GLG, and is expected to be finalised in the first half of 2009, subject to regulatory approval. GLG intends to ...
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Borsa Italiana and London Stock Exchange leader in Europe for ETF trades
Aggregated figures show that July 2008 set a record in trading of Exchange Traded Funds (ETFs) on Borsa Italiana and London Stock Exchange markets, with 140,452 trades amounting to a highest ever total of €8.8bn (£7.0bn). The average daily value traded was €383.2 million, an increase of 141 per cent year on year, and the total amount traded was an increase of 152 per ...
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Brits set to retire on less than minimum wage
Brits are set to retire on average on just £215 per week, according to the latest Fidelity Retirement Index. The Index provides a snapshot of the typical household’s retirement readiness, and shows how much people will receive in retirement as a percentage of the amount they are likely to be earning just before they retire. The UK average is 47 per cent, equating to less ...
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Africa showed off well at London travel fair
The hall housing African stands was constantly crowded during the World Trade Market (WTM) in London this week. Tasteful stands and modern design showed visitors a new a confident image of African ...
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England on top of S. Africa despite Trescothick blow
NOTTINGHAM, England (AP) -- Swing bowler James Anderson captured five wickets on Saturday to dismiss South Africa for 362 but not before the tourists had reduced the first innings deficit to 83 runs in the third cricket test at Trent Bridge. England then lost opener Marcus Trescothick to the first ball of the second innings and stumps were drawn after an absorbing day's play. Facing the ...
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Irish cruise past Wales in rugby cup warmup
DUBLIN (Reuters) -- Ireland began their rugby union World Cup buildup with a comfortable 35-12 victory over an inexperienced Welsh side on Saturday, outscoring the visitors by five tries to two. The home side never found top gear, but were too strong for an experimental Welsh lineup featuring six uncapped players in their 22-man squad. "These games have been called friendlies, and ...
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Unusual Smith dismissal lifts England vs. S. Africa
NOTTINGHAM, England (AP) -- England on Friday cheaply dismissed South Africa's record-breaking batsman Graeme Smith for the first time in the series to take control of the third cricket test at Trent Bridge. After England made 445 runs in its first innings, South Africa struggled to 84 for two by stumps on the second day, batting under pressure for the first time. England dismissed ...
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Smith eager for S. African series win in England
NOTTINGHAM, England (AP) -- Captain Graeme Smith said Wednesday his team needed to be relentless and ruthless to win South Africa's first series in England since 1965. The Proteas lead the five-test series 1-0, and Smith, 22, singled out the Thursday's third test at Trent Bridge as the most crucial for his young side. South Africa failed to win its two previous series here in ...
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Vaughans England at crossroads in South Africa series
By Charles Froggatt, CNN NOTTINGHAM (CNN) -- As South Africa reinforces its test-winning lineup with all-rounder Jacques Kallis, England and newly-appointed captain Michael Vaughan find themselves at a selection crossroads as they attempt to come back after last ...
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Newark gas explosion Four people rushed to hospital as house is destroyed
Four people were rushed to hospital after a massive gas blast reduced their home to rubble.Neighbours helped one injured man before firefighters scoured the remains of the three-bed terraced house and pulled three people to safety.There were reports on Sunday that another person could still be trapped.Isla McDonald, who lives opposite, said: "I was sat in my front room and suddenly there ...
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Russian winemakers to present products at London International Wine Fair
LONDON, May 20 (Itar-Tass) - Russian wine companies will present their products at the London International Wine Fair 2013 that is opening on Monday. It will last until May ...
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Sports Manchester City slump to Norwich City
Poor home defending allowed Anthony Pilkington through to give Norwich the lead, only for Jack Rodwell to finish a neat Blues move for the ...
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Rolf Harris returns to stage for first time since arrest over sexual assault claims
first live show since his arrest , loyal fans gave him a standing ovation and displayed banners offering their support.The delighted 83-year-old told 1,800 supporters: "I would like to thank you. What would I do without you?"You've no idea what this means - for you all to turn up with such support and such enthusiasm."The return to stage for the Aussie favourite comes just ...
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Independent Scotland open to Cyprus-style bank risks Britain
LONDON -- An independent Scotland would have a vastly oversized financial sector that would leave it vulnerable to a Cyprus-style banking crisis, Britain's finance ministry ...
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Britains Cameron faces party rebellion over gay marriage
Labour Party joins forces with Tory rebels in a vote on his bill. While Cameron, several senior party colleagues and his Liberal-Democrat coalition partners ...
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Church of Scotland to debate controversial subject of gay ministers
The institution's General Assembly will consider whether to allow people in same-sex relationships to be ordained as ministers.A theological commission was appointed two years ago to produce a report on the issue for the Kirk's annual gathering in Edinburgh.A Kirk spokesman said: "On one hand the report offers the Church a way of allowing the ordination of ministers in same-sex ...
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Abu Qatada launches fresh bid to be released from prison
The terror suspect, who recently pledged to voluntarily leave Britain after years of fighting deportation, was jailed in Belmarsh prison in March when his bail was revoked. Qatada will request bail at a Special Immigration Appeals Commission (Siac) hearing in London this morning but faces a challenge from the Government to keep him locked up. Earlier this month, it emerged the controversial ...
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BRIEF-Great Portland Estates secures pre-let at new London unit
LONDON | Mon May 20, 2013 2:16am EDT LONDON May 20 (Reuters) - Great Portland Estates PLC : * Secures major pre-let at new fetter lane, ...
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New South Wales becomes Australia steroids capital
(35 mins ago) Australia's east coast haven New South Wales, which is seeking to recruit a `chief funster' to promote tourism to Sydney and elsewhere, took the dubious honor for the biggest hauls of steroids and hallucinogens in 2011-2012 in the country, authorities said today. Most commonly used steroids in Australia include erythropoietin (EPO) and Human chorionic gonadotrophin ...
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British dad admits killing kids
British national has been arrested in France," a Foreign Office spokesperson told AFP. "We are in contact with the French authorities and we await the outcome of their investigation." Several witnesses said the man fled on roller skates after his former wife encountered him on the stairwell of the building and saw him with bloodstained clothes. She immediately alerted the ...
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Thousands of mining jobs in Scotland in danger
Hundreds of open cast mineworkers were laid off and left with unpaid wages last month, following the collapse of Scottish Coal, the largest surviving mine operator in Scotland. Of the company's 758 workers, all but 142 have been made redundant. The company operates six open pit mines in East Ayrshire, South Lanarkshire and Fife. Scottish Coal was one of the private operators the emerged ...
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David Cameron writes to Britains tax havens calling for transparency
David Cameron has written to the leaders of Britain's offshore tax havens stressing the need to "get our own houses in order" as he pushes for international action to tackle avoidance schemes.In a message to 10 crown dependencies and British overseas territories Cameron said he backed their right to be low tax jurisdictions but insisted that rules needed to be set and enforced ...
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Britain weighing gasoline price-fixing probe of BP Shell Statoil
British investigators say they are "urgently reviewing" whether to join a European Union probe of three oil companies for alleged gasoline ...
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G8 summit in Fermanagh will put Northern Ireland under security lockdown
An extensive array of security measures is being put in place for the two-day event - including a giant new security fence which stretches for miles - with authorities warning of major disruption at the summit venue in rural County Fermanagh and in other parts of the country.The battery of precautions will affect many facets of life, including the international airport, roads and schools. ...
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