» Osborne says no deal on rates with Bank
29/07/10 01:44 from Reuters: Business News
NEW DELHI (Reuters) - The government has not stitched up any deal with the Bank of England to keep interest rates low but thinks the best way to stimulate the economy is through monetary policy, Chancellor George Osborne told Reuters on Thu..
» FTSE rises as investors cheer corporate results
29/07/10 01:39 from Reuters: Business News
LONDON (Reuters) - Britain's top shares rose on Thursday, led by AstraZeneca which gained after the U.S. approved its Brilinta drug and on strong results, as upbeat corporate earnings buoyed investor sentiment.
» New bank Metro opens for business
29/07/10 01:28 from Reuters: Business News
LONDON (Reuters) - Metro Bank, Britain's first new High Street retail bank in more than 100 years, opened for business on Thursday with high hopes of breaking into a sector shaken up by the global credit crisis.
» Soft mortgage data point to housing market weakness
29/07/10 01:13 from Reuters: Business News
LONDON (Reuters) - Mortgage approvals fell more than expected in June and lending came in weaker than forecast, Bank of England figures showed on Thursday, suggesting the housing market will continue to soften.
» AstraZeneca doubles buyback as Brilinta shines
29/07/10 01:09 from Reuters: Business News
LONDON (Reuters) - AstraZeneca doubled its 2010 share buyback programme on Thursday, after posting strong results and winning an endorsement from a U.S. advisory panel for its potential blockbuster heart drug Brilinta.
» Spain drags and Brazil sparkles in Santander H1 results
29/07/10 00:58 from Reuters: Business News
MADRID (Reuters) - The euro zone's largest bank, Santander , reported record profits at its Brazilian business on Thursday, against declines in home market Spain which is tentatively emerging from a grim recession.
» Shell Q2 profits double as overhaul beats targets
29/07/10 00:30 from Reuters: Business News
LONDON (Reuters) - Royal Dutch Shell Plc said second-quarter current cost of supply (CCS) net income jumped 94 percent to $4.53 billion (2.9 billion pounds) thanks to a strong operating environment and a speedy restructuring of the group.
» BSkyB taps High Definition demand and signs HBO deal
29/07/10 00:15 from Reuters: Business News
LONDON (Reuters) - Pay-TV firm BSkyB added 90,000 customers in the fourth quarter on surging demand for high definition services, and sees new American dramas fuelling growth ahead of a possible takeover.
» Trinity Mirror H1 nationals ad revenue up 2.2 percent
28/07/10 23:04 from Reuters: Business News
LONDON (Reuters) - Newspaper publisher Trinity Mirror said advertising revenue for its nationals division picked up by 2.2 percent in the first half but would be flat in July, with regionals' revenue dropping 9 percent.
» Rolls-Royce profit up and more bullish on outlook
28/07/10 22:57 from Reuters: Business News
LONODN (Reuters) - Engine and turbine maker Rolls-Royce reported a stronger than expected rise in first half profit, saying strong trading at its marine unit and a tight lid on costs had allowed it to raise full-year forecasts.
» Travis Perkins resumes dividend as profits rise
28/07/10 22:54 from Reuters: Business News
LONDON (Reuters) - Builders' merchant and DIY retailer Travis Perkins beat forecasts with a 24 percent rise in first-half profit and said it was recommencing paying dividends after a two year gap.
» Cash-strapped Connaught agrees short-term funding
28/07/10 22:49 from Reuters: Business News
LONDON (Reuters) - Connaught agreed a short-term overdraft facility and deferral of loan payments with its banks, giving the cash-strapped social housing provider a reprieve as it reviews trading prospects.
» AstraZeneca doubles buyback as Brilinta shines
28/07/10 22:47 from Reuters: Business News
LONDON (Reuters) - AstraZeneca doubled its 2010 share buyback programme on Thursday, after posting strong results and winning an endorsement from a U.S. advisory panel for its potential blockbuster heart drug Brilinta.
» BAE Systems H1 earnings up 14 percent
28/07/10 22:44 from Reuters: Business News
LONODN (Reuters) - BAE Systems reported a 14 percent rise in first-half earnings and said it expected to deliver growth in the full-year despite expected lower sales at its land vehicle unit and cuts in European defence budgets.
» National Express first half boosted by margin improvement
28/07/10 22:30 from Reuters: Business News
LONDON (Reuters) - Transport group National Express reported a 36 percent increase in first-half pretax profit on Thursday as it benefited from improved operating margins and new contracts in North America.
