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    • In that case I don't think you'd have any grounds for a claim against the receiver, short of anything actually criminal. The receiver was appointed by the lender so any claim you make should be aginst them. How much equity do you reckon there was when they took possession? Realistic value less outstanding balance (including arrears).  This messing around makes me wonder even more if the property was wildly over valued. Normally a lender would sell and not really care if they got the best price so long as they covered the balance plus their costs. 
    • Hey @lookinforinfo I'm not sure, I don't believe he told them he's the driver. He must have selected an option saying that he's appealing on behalf of the driver or something of the sort. In more news, however, these wannabe thugs are back at it again. Honestly, what a joke. In the letter they sent before this it said they had made "2 attempts" and in this letter they said "4 attempts", I wonder what happened to the "3rd attempt" lol.  WhatsApp Image 2024-04-18 at 14.06.07_44abc9c8.pdf
    • Hi all, I purchased a car in January from Big Motoring World Leeds. At the time of sale I was shown a tab on the salespersons computer marked 'service history' and I was able to take comfort knowing that the car had been serviced on 3 occasions as the date, mileage and company was there on screen. Being a 3 and a bit year old car that, in my mind, constituted full service history 🤷‍♂️ Anyway, collected the car a week later. Once home I settled down to through the book pack etc. Opened the service history booklet and it was completely blank. In addition there were no invoices detailing that any services had been done. I duly contacted BMW and asked them to supply me with proof of service history. They responded saying that on their 'vehicle documentation checklist' I had ticked and then signed to the fact that I had seen the service history and that I was happy with it. I dug out this checklist and what it actually states is 'seen service history online' which I had in the showroom. BMW seem to think that this satisfies their responsibility in providing service history. The reality is that I don't have any proof that the vehicle has ever been serviced! For my own peace of mind I ended up paying for a service that satisfied the manufacturers maintenance schedule to the tune of £330. I even complained to the finance company that the vehicle contravenes the Sale of Goods act 2015 as l, in effect, ot is not as described. Amazingly they weren't interested and instead I just got an email stating that it's not illegal to sell a vehicle without service history and that servicing costs were part and parcel of vehicle ownership. I've since complained to the ombudsman and am awaiting to see if they can help. I have no issue with the car but the treatment and customer service has been the worst I've ever experienced. I don't really know what to do next as I really do feel aggrieved that I've had to pay to service a car that should have already been serviced. Can anyone point me in the right direction please? 🙏
    • Fraudsters copy the details of firms we authorise to try and convince people that their firm is genuine. Find out why you shouldn’t deal with this clone firm.View the full article
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    • If you are buying a used car – you need to read this survival guide.
      • 1 reply
    • Hello,

      On 15/1/24 booked appointment with Big Motoring World (BMW) to view a mini on 17/1/24 at 8pm at their Enfield dealership.  

      Car was dirty and test drive was two circuits of roundabout on entry to the showroom.  Was p/x my car and rushed by sales exec and a manager into buying the mini and a 3yr warranty that night, sale all wrapped up by 10pm.  They strongly advised me taking warranty out on car that age (2017) and confirmed it was honoured at over 500 UK registered garages.

      The next day, 18/1/24 noticed amber engine warning light on dashboard , immediately phoned BMW aftercare team to ask for it to be investigated asap at nearest garage to me. After 15 mins on hold was told only their 5 service centres across the UK can deal with car issues with earliest date for inspection in March ! Said I’m not happy with that given what sales team advised or driving car. Told an amber warning light only advisory so to drive with caution and call back when light goes red.

      I’m not happy to do this, drive the car or with the after care experience (a sign of further stresses to come) so want a refund and to return the car asap.

      Please can you advise what I need to do today to get this done. 
       

      Many thanks 
      • 81 replies
    • Housing Association property flooding. https://www.consumeractiongroup.co.uk/topic/438641-housing-association-property-flooding/&do=findComment&comment=5124299
      • 161 replies
    • We have finally managed to obtain the transcript of this case.

      The judge's reasoning is very useful and will certainly be helpful in any other cases relating to third-party rights where the customer has contracted with the courier company by using a broker.
      This is generally speaking the problem with using PackLink who are domiciled in Spain and very conveniently out of reach of the British justice system.

      Frankly I don't think that is any accident.

      One of the points that the judge made was that the customers contract with the broker specifically refers to the courier – and it is clear that the courier knows that they are acting for a third party. There is no need to name the third party. They just have to be recognisably part of a class of person – such as a sender or a recipient of the parcel.

      Please note that a recent case against UPS failed on exactly the same issue with the judge held that the Contracts (Rights of Third Parties) Act 1999 did not apply.

      We will be getting that transcript very soon. We will look at it and we will understand how the judge made such catastrophic mistakes. It was a very poor judgement.
      We will be recommending that people do include this adverse judgement in their bundle so that when they go to county court the judge will see both sides and see the arguments against this adverse judgement.
      Also, we will be to demonstrate to the judge that we are fair-minded and that we don't mind bringing everything to the attention of the judge even if it is against our own interests.
      This is good ethical practice.

      It would be very nice if the parcel delivery companies – including EVRi – practised this kind of thing as well.

       

      OT APPROVED, 365MC637, FAROOQ, EVRi, 12.07.23 (BRENT) - J v4.pdf
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The great interest rate rip off part 10


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Euro zone household lending grows at its best rate since late 2010: ECB

 

Lending to euro zone households grew at its fastest pace since late 2010 last month but corporate lending unexpectedly slowed, fresh data from the European Central Bank showed on Monday.

9:16am BST

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Morgan Stanley ups European earnings forecasts, says financials in 'sweet spot'

 

A stronger-than-anticipated economic recovery, the return of inflation and the region's financial sector in a "sweet spot" has spurred Morgan Stanley to lift its earnings forecasts and targets for European benchmark indexes.

9:14am BST

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Asia refiners snap up cheap light oil to reap higher fuel profits

 

As the cost of light crude drops, some refiners in Asia are snapping up cargoes of the oil that is easier and cheaper to process than their usual diet of heavy crude, chasing profits from making diesel and gasoline.

9:05am BST

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UK materials testing firm Exova says gets proposals for cash offers

 

UK-based materials testing company Exova Group said on Monday it had received proposals for a possible cash offer, including one from Dutch firm Element Materials Technology.

9:04am BST

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Hyundai suspends China plant for a week amid diplomatic stand-off

 

South Korea's Hyundai Motor on Monday said it had suspended production at one of its Chinese factories for a week, fuelling concern that a diplomatic standoff may be hurting sales in the automaker's top market.

8:25am BST

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Chinese drug approval boosts AstraZeneca's lung cancer hopes

 

AstraZeneca has won approval for its lung cancer pill Tagrisso in China, a key market for the potential blockbuster medicine.

8:25am BST

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Deutsche Bank reduces cheque clearing in euros in Middle East

 

Deutsche Bank is to stop clearing cheques denominated in euros for some banks in the Middle East, according to sources familiar with the matter, joining other big banks that cut services in the region.

8:23am BST

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Miner South32 to buy back $500 million of its shares

 

South32 Ltd said on Monday it would return $500 million to shareholders, rewarding investors who had been waiting for the company to use its strong balance sheet and cashflows on bigger payouts or acquisitions.

5:25am BST

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Citigroup aims to double South Korea wealth assets by 2020

 

Citigroup Inc plans to double its wealth management assets in South Korea to around $6 billion by 2020, setting up new offices and investing in digital technology to attract new customers.

China Southern in talks over American Airlines tie-up

 

China Southern Airlines is in talks over a tie-up with American Airlines that could involve the U.S. carrier taking a stake in the state-owned airline, boosting routes between the world's two largest travel markets.

5:08am BST

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Honda faces long haul to recoup jet costs

 

After three decades building an airplane from scratch, Michimasa Fujino, 56, chief engineer of the Hondajet, might have to reach a ripe old age to see Honda Motor Co's pet aviation project recoup its development costs.

5:05am BST

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Japanese manufacturers brace for possible U.S. import tax - Reuters poll

 

Japanese manufacturers are wary of a possible U.S. border tax, with just over half expecting profits to take a hit if the United States slaps a 20 percent levy on imports, a Reuters poll showed on Monday.

3:26am BST

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BOC Aviation's 2016 profit rises 22 percent to record, upbeat on outlook

 

Hong Kong-listed aircraft lessor BOC Aviation Ltd reported a 22 percent jump to record full-year net profit on Monday, supported by growth in global air travel, and signalled an upbeat industry outlook.

3:19am BST

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Gulf Arab states push for UK free trade deal after Brexit - officials

 

Gulf Arab states are pressing for an early deal on free trade with Britain to secure preferential arrangements after Brexit, and could have a draft agreement ready within months, Gulf officials say.

26 Mar 2017

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Brazil's Andrade Gutierrez tries to sell Cemig, other stakes - report

 

Brazilian conglomerate Andrade Gutierrez is looking to sell stakes in power utility Cemig, hydroelectric dam Santo Antonio and call centre group Contax as it tries to cut debt and expand abroad after a corruption scandal, its chief executive officer said in a newspaper interview published on Sunday.

26 Mar 2017

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OPEC, non-OPEC to look at extending oil-output cut by six months

 

A joint committee of ministers from OPEC and non-OPEC oil producers has agreed to review whether a global pact to limit supplies should be extended by six months, it said in a statement on Sunday.

26 Mar 2017

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Cost of wide access to EU single market not yet clear - Rudd

 

Interior minister Amber Rudd said on Sunday the British government did not yet know what kind of cost there may be for trying to get the "widest possible access" to the European Union's single market.

26 Mar 2017

German firms doubt good business conditions will last - Ifo chief

 

Many German companies doubt the good conditions in Europe's largest economy will last as they fear disruption from new technologies, the head of the Munich-based Ifo economic institute told the Suedkurier newspaper.

26 Mar 2017

BP makes third gas discovery in Egypt's North Damietta Concession

 

BP has made a gas discovery in the North Damietta Offshore Concession in Egypt's East Nile Delta, its third in the block, it said on Sunday.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Uber Releases Diversity Report and Repudiates Its ‘Hard-Charging Attitude’

 

By MIKE ISAAC 1:15 PM ET

 

 

The report, which excludes drivers, showed Uber’s employees are overwhelmingly male and the largest ethnic group is white, though the figures are not so different from other tech companies.

 

 

 

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Mark Wallheiser for The New York Times

 

 

Square Feet

 

To Address Affordable Housing Shortage, Restoring 19th-Century Homes

 

By CHRISTINE NEGRONI 10:00 AM ET

 

In Apalachicola, Fla., residents are divided over how to solve a lack of affordable housing. Some advocate converting early examples of African-American architecture.

 

 

 

 

 

 

 

 

 

 

 

 

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Ford to Expand U.S. Production of Trucks and S.U.V.s

 

By BILL VLASIC 10:39 AM ET

 

An investment of $1.2 billion in three Michigan facilities, praised by President Trump, will add or preserve 130 jobs at an engine factory.

 

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Facebook Mirrors Snapchat (Again) With Stories Feature

 

By MIKE ISAAC 12:32 PM ET

 

It lets people share videos and photographs in the Facebook app that will disappear after 24 hours, similar to the Stories feature on Instagram, also owned by Facebook.

 

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Severe Eczema Drug Is Approved by F.D.A.; Price Tag Is $37,000 a Year

 

By KATIE THOMAS 1:04 PM ET

 

The drug makers Regeneron Pharmaceuticals and Sanofi made a rare move, negotiating with insurers in advance over the price for Dupixent.

 

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Didi Chuxing, China’s Ride-Hailing Giant, Holds Talks With SoftBank

 

By PAUL MOZUR

 

Having bought out Uber in China, the company now wants SoftBank of Japan to join in a multibillion-dollar investment round, people familiar with the talks say.

 

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Tencent of China Takes 5 Percent Stake in Tesla

 

By CHAD BRAY 10:24 AM ET

 

The purchase came as the carmaker has sought to raise more cash before starting production of its Model 3, an electric vehicle targeting the mass market.

 

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Trump Appoints One of His Lawyers to Review Mergers

 

By CECILIA KANG

 

President Trump named Makan Delrahim, a White House legal counsel, to lead the Justice Department’s review of mergers and acquisitions.

 

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Tax on Saudi Aramco Oil Profits Is Cut to Prepare for I.P.O.

 

By CLIFFORD KRAUSS

 

Saudi Arabia is aiming to increase the company’s appeal to international investors as it gets ready to sell a 5 percent stake.

 

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5 Reasons Trump’s Promised Tax Overhaul Won’t Be So Easy

 

By JULIE HIRSCHFELD DAVIS 11:48 AM ET

 

The president’s failure to push through broad health care overhaul has raised questions about the prospects of a sweeping rewrite of the tax code.

 

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Samsung May Bring Back Its Fire-Plagued Galaxy Note 7

 

By JEYUP S. KWAAK

 

The South Korean giant is considering offering refurbished models of its canceled smartphone, a move that has raised eyebrows in the technology world.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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New 12-sided pound coin comes in to circulation

 

The round pound will still be accepted as legal tender alongside the new coin for just over six months

 

 

 

 

 

Tesco fined £129m by Serious Fraud Office for overstating profits

 

 

 

 

 

 

 

 

 

 

Police investigating 'human waste in Coca Cola cans'

 

The soft drink giant says the incident at its factory in Lisburn was an isolated one

 

 

 

 

 

 

Rise of the gig economy fuelled Brexit vote, MPs told

 

 

 

 

 

 

Investor who lost millions to Madoff leaps to death from NYC hotel

 

 

 

 

 

 

Ladbrokes Coral would be wise to prepare for life without FOBTs

 

The threat to the industry from the Government’s review into the gaming machines overshadowed the group’s post-merger results

 

 

 

 

 

 

 

 

Pret a Manger is opening a vegetarian-only shop

 

The company announced a second Veggie Pret was due to open London this year following the success of its first 'veggie only' branch in Soho

 

 

 

 

 

 

'Crack cocaine' betting machines 'should require ID cards'

 

Some problem gamblers who have banned themselves from bookmakers can continue to wager because staff don't recognise them or machines are hidden out of view, industry-funded research finds

 

 

 

 

 

 

 

 

Pets shops across UK ban sale of rabbits during Easter

 

Many children do not understand the specific needs of rabbits, which means that many are left abandoned once the Easter period is over

 

 

 

 

 

 

Why Premier Foods £32m pension windfall is troubling

 

Scheme members are taking on the risk of the company's turnaround when it is Premier's investors who should be doing that

 

 

 

 

 

'Bond King' Bill Gross reaches $81m settlement to end feud with Pimco

 

 

 

 

 

7 things you might not have noticed that make the new £1 safer

 

 

 

 

 

 

Top Tesco shareholders oppose £3.7bn Booker takeover deal

 

In a letter to Tesco's chairman, Schroders is urging the retailer to 'reconsider and withdraw the offer'

 

 

 

 

 

 

 

 

UberEats to expand across more than 40 UK towns and cities

 

Some 55 per cent of the UK’s population can order a car through Uber and the company aims to replicate that with UberEats

 

 

 

 

 

 

South Western rail commuters promised more seats, faster London trains

 

Delay compensation to be paid when trains are 15 minutes late

 

 

 

 

 

 

 

YouTube could lose up to $750m from advertisers' boycott

 

More than 250 companies, including Verizon, Johnson & Johnson and HSBC have already suspended contracts with Google

 

 

 

 

 

Bank of England stress tests held up as toughest ever. They need to be

 

 

 

 

 

Qatar announces £5bn UK investment despite Brexit

 

 

 

 

 

 

Government to pay almost $100m to US companies for botched tender

 

Greg Clark said that the Government had settled outstanding litigation claims filed by Energy Solutions and Bechtel in relation to the Magnox contract

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Share on other sites

FTSE climbs back led by miners, banks; Wolseley surges

 

Britain's top share index climbed back on Tuesday, underpinned by a recovery in miners and banks as well as a surge in Wolseley's shares following strong results.

4:59pm BST

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Bank of England's McCafferty leans against early rate hike

 

Bank of England interest rate-setter Ian McCafferty highlighted a weak outlook for the economy on Tuesday and said he did not know if he would vote to increase borrowing costs at the next meeting of the BoE's policymakers in May.

6:30pm BST

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Banks try to calm staff nerves with staggered Brexit shift

 

Banks are treading carefully, enacting two-stage contingency plans, to avoid losing nervous London-based staff as they work out how many jobs will have to move to continental Europe as Britain exits the European Union.

1:37pm BST

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UK inflation expectations dip in March despite CPI jump - Citi/YouGov

 

The British public's expectations for inflation over the coming year fell in March, despite a sharp pick up in the country's most closely watched measure of price growth, a monthly survey by bank Citi and polling firm YouGov showed.

6:06pm BST

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Tesco to pay 214 million pounds to settle false accounting charges

 

Britain's biggest retailer Tesco has agreed to pay 214 million pounds in fines and compensation for investors to settle a probe over a 2014 accounting fraud that sparked the biggest crisis in its near 100-year history.

3:27pm BST

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Exclusive - ECB replaces Brussels head, annuls four hires after rule breach

 

The European Central Bank has replaced the head of its Brussels office and annulled four more appointments after staff complaints about unlawful hirings and promotions, internal documents seen by Reuters show.

7:45pm BST

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Italian bailout candidate Pop Vicenza posts 1.9 billion euro loss

 

Italy's Banca Popolare di Vicenza posted a 1.9 billion euro (1.60 billion pounds) loss for 2016 and said it had suffered severe deposit outflows, raising questions over whether it will be deemed viable by regulators that must approve its request for state aid.

6:38pm BST

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Tesco boss defends Booker deal, says many investors on board

 

Tesco , Britain's biggest retailer, remains committed to its agreed 3.7 billion pound ($4.7 billion) takeover of wholesaler Booker despite opposition from some big shareholders, its boss said on Tuesday.

4:53pm BST

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Abu Dhabi fund loses crisis-related arbitration against Citigroup

 

Citigroup Inc has prevailed in the latest arbitration pursued by Abu Dhabi Investment Authority over the sovereign wealth fund's $7.5 billion investment in 2007 to shore up the then-struggling bank during the subprime mortgage meltdown.

7:01pm BST

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Tesla deal boosts Chinese presence in U.S. auto tech

 

China's Tencent Holdings Ltd has bought a 5 percent stake in U.S. electric car maker Tesla Inc for $1.78 billion (1.43 billion pounds), the latest investment by a Chinese internet company in the potentially lucrative market for self-driving vehicles and related services.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Tesco fined £129m for overstating profits

 

 

 

 

Tesco will also compensate investors but avoids prosecution for overstating profits in 2014.

 

  • 28 March 2017
  • From the section Business

 

 

Related content

 

 

 

 

 

 

 

 

New £1 coin's 'hidden' security feature

 

The new 12-sided £1 will be immediately available from 33 banks and post offices around the UK.

 

  • 27 March 2017
  • From the section Business

 

 

Related content

 

 

 

 

 

 

 

Live Business Live: Pound slips

 

Sterling down 0.6% against the dollar after Scottish parliament backs referendum call.

 

 

 

 

 

 

Potholes 'the talk of the canteen'

 

  • 28 March 2017
  • From the section Business

 

 

Ford to invest $1.2bn in Michigan plants

 

  • 28 March 2017
  • From the section Business

 

 

Redrow withdraws Bovis takeover offer

 

  • 28 March 2017
  • From the section Business

 

 

 

 

 

Qatar announces £5bn UK investment

 

  • 27 March 2017
  • From the section Business
  • comments

 

 

China's Tencent buys 5% stake in Tesla

 

  • 28 March 2017
  • From the section Business

 

 

Amazon to buy Middle East online retailer

 

  • 28 March 2017
  • From the section Business

 

 

Price comparison sites given thumbs up

 

  • 28 March 2017
  • From the section Business

 

 

Tesco warned over cost of Booker takeover

 

  • 28 March 2017
  • From the section Business

 

 

London and Paris form 'partnership'

 

  • 28 March 2017
  • From the section London

 

 

 

 

Also in the News

 

 

 

Elon Musk creates brain electrode firm

 

  • 28 March 2017
  • From the section Technology
  • comments

 

 

 

 

NY's Fearless Girl statue to stay on

 

 

 

 

 

Features & Analysis

 

 

 

Bye-bye bank charges?

 

How mobile banking is saving us 'billions'

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

ECB's Praet says too early to talk about ending QE

 

The European Central Bank is not yet ready to exit its bond-purchase programme though the growth outlook has improved, ECB chief economist Peter Praet said on Monday.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

 

 

 

 

What will happen to the economy now Article 50 has been triggered

 

If a sense crystallises that a ‘cliff-edge’ Brexit is going to be the destination in the coming months, financial markets could get volatile

 

 

 

 

 

LSE’s planned tie-up with Deutsche Börse blocked by EU

 

 

 

 

 

 

 

 

 

 

Fund manager BlackRock turns to bots but trackers still win for savers

 

The giant US asset manager is looking at ways to make stock picking cheaper

 

 

 

 

 

 

German foreign minister tells UK 'let's stay friends' despite Brexit

 

 

 

 

 

 

Owner of Absolut vodka and Martell cognac raises prices due to Brexit

 

 

 

 

 

 

EU kills LSE-Deutsche Börse deal, will have say in future too. Good

 

Long term an unhappy LSE may thank Margrethe Vestager, who has made clear she isn't going anywhere, Brexit or no

 

 

 

 

 

 

 

 

London terror attack a 'wake-up call' for tech firms says police chief

 

'If you are going to have an ethical statement and talk about operating in an ethical way, it actually has to mean something,' Acting Metropolitan Police Commissioner says

 

 

 

 

 

 

Capitalism will always create an unfair world, physicist 'proves'

 

Wealth flows around society like water in a river system, naturally gravitating towards the rich, professor claims to have shown in new academic paper

 

 

 

 

 

 

 

 

City’s top investors react to Theresa May triggering Article 50

 

'Markets do not like uncertainty, so some volatility could be expected on either side of the Channel during negotiations,' according to portfolio managers at Invesco Perpetual

 

 

 

 

 

 

Amazon opens supermarket with no checkouts, no aisles and no cash

 

Online retailer's foray into bricks and mortar shopping is its latest attempt to shake up the grocery business

 

 

 

 

 

Coca-Cola products may be 'poisonous', a high court rules

 

 

 

 

 

World's largest beer maker commits to 100% green energy by 2025

 

 

 

 

 

 

Sir Richard Branson suggests New Zealand farmers swap cows for weed

 

Cannabis is one of the most widely available illicit drugs in New Zealand

 

 

 

 

 

 

 

 

Consumer borrowing holds up in February

 

Credit card borrowing in February rose at the fastest annual rate in 11 years

 

 

 

 

 

 

Ryanair warns that UK flights to Europe could be grounded after Brexit

 

Ryanair says that it has already ‘pivoted growth away from the UK to other EU airports’

 

 

 

 

 

 

 

British businesses ‘need to stop lecturing people about immigration'

 

Trawling out statistics instead of presenting positive solutions has led to a 'mutual misunderstanding and a dialogue of the deaf', report says

 

 

 

 

 

This is what will happen to the pound after Article 50 is triggered

 

 

 

 

 

Brexit: Pound sterling volatile as Article 50 is triggered

 

 

 

 

 

 

BCC urges ministers not to lose sight of everything but Brexit

 

'Businesses would not look kindly on a Government that treats Brexit as its only job,' the director general of the BCC said

 

 

 

 

 

 

 

Uber to end its services in Denmark over new taxi regulations

 

The closure marks the latest setback for the US ride-booking company

 

 

 

 

 

Dow Jones Industrial steadies after worst losing streak since 2011

 

 

 

 

 

Twitter founder launches mobile payments company Square in the UK

 

 

 

 

 

 

Police investigating 'human waste in Coca Cola cans'

 

The soft drink giant says the incident at its factory in Lisburn was an isolated one

 

 

 

 

 

 

 

 

Rise of the gig economy fuelled Brexit vote, MPs told

 

Britain is 'hurtling towards casualisation of labour and society has a price to pay,' Tim Roache, general secretary of the GMB union said

 

 

 

 

 

Investor who lost millions to Madoff leaps to death from NYC hotel

 

 

 

 

 

Ladbrokes Coral would be wise to prepare for life without FOBTs

 

 

 

 

 

 

Pret a Manger is opening a vegetarian-only shop

 

The company announced a second Veggie Pret was due to open London this year following the success of its first 'veggie only' branch in Soho

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Share on other sites

‘Carnage’ Indeed, but Trump’s Policies Would Make It Worse

 

By EDUARDO PORTER

 

Cutting benefits and training won’t help working-class voters hit by disruptions in trade or address its toll on families, job prospects and longevity.

 

 

Doug Mills/The New York Times

 

A crowd during the national anthem at a post-election rally for Donald J. Trump and Mike Pence in Cincinnati in December.

 

 

 

U.K. Initiates ‘Brexit’ and Wades Into a Thorny Thicket

 

By STEPHEN CASTLE

 

Prime Minister Theresa May gave notice of Britain’s withdrawal from the European Union, kicking off a two-year negotiation steeped in peril for both sides.

 

 

How ‘Brexit’ Could Change Business in Britain

 

By THE NEW YORK TIMES

 

Britain has started the clock on leaving the European Union, and will be out of the bloc by March 2019. Here is how “Brexit” has affected business so far.

 

 

 

News Analysis

 

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Pillars of the West Shaken by ‘Brexit,’ but They’re Not Crumbling Yet

 

By STEVEN ERLANGER

 

Britain’s withdrawal from the E.U. and Donald J. Trump’s election are blows to multilateralism, but many European nations seem to be shying away from going it alone.

 

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Graphic: What Are Next Steps for ‘Brexit’ Now That Article 50 Has Been Invoked?

 

By JASMINE C. LEE

 

The British government formally notified the European Union on March 29 that it intends to withdraw from the bloc.

 

 

 

 

 

 

 

 

 

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No Deal Between Kushners and Chinese Company Over Fifth Avenue Skyscraper

 

By MICHAEL FORSYTHE and CHARLES V. BAGLI 11:49 AM ET

 

A $4-billion deal to invest in a Manhattan building owned by the family of Trump’s son-in-law has fallen apart.

 

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Samsung, After Combustible Galaxy Note 7, Unveils New Smartphone

 

By BRIAN X. CHEN 12:26 PM ET

 

Hoping to overcome a troubled year, the company revealed the Galaxy S8 smartphone with a large 5.8-inch screen and a virtual assistant, Bixby.

 

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Westinghouse Files for Bankruptcy, in Blow to Nuclear Power

 

By DIANE CARDWELL and JONATHAN SOBLE

 

The company, whose corporate parent is Toshiba of Japan, led projects once seen as heralding a nuclear renaissance, but its filing casts a pall over the troubled industry.

 

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Justices Side With Free-Speech Challenge to Credit Card Fees

 

By ADAM LIPTAK 57 minutes ago

 

The justices ruled in favor of five New York businesses that wanted to inform their customers that they imposed a surcharge for the use of credit cards.

 

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Policy Shift Helps Coal, but Other Forces May Limit Effect

 

By CLIFFORD KRAUSS and DIANE CARDWELL

 

Reversing clean power rules may lead to more drilling and pipelines, but economics and state initiatives still favor natural gas and renewable energy.

 

 

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Congress Moves to Overturn Obama-Era Online Privacy Rules

 

By CECILIA KANG

 

Following the Senate, the House voted to dismantle rules requiring broadband providers to get permission before collecting data on a user’s online activity.

 

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Chinese Firm Takes Stake in U.S. Investment Bank Cowen

 

By NEIL GOUGH 12:38 PM ET

 

The deal comes after a recent flurry of acquisitions of Western companies by Chinese businesses.

 

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F.D.A. Nominee Details Drug Industry Ties

 

By KATIE THOMAS 12:07 PM ET

 

Dr. Scott Gottlieb earned millions of dollars doing work recently in the private sector, including firms with ties to drug and health care companies.

 

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F.D.A. Approves First Drug to Treat Severe Multiple Sclerosis

 

By KATIE THOMAS

 

The drug, Ocrevus by Genentech, can also be used to treat patients with the more common form of the disease.

 

 

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Severe Eczema Drug Is Approved by F.D.A.; Price Tag Is $37,000 a Year

 

By KATIE THOMAS

 

The drug makers Regeneron Pharmaceuticals and Sanofi made a rare move, negotiating with insurers in advance over the price for Dupixent.

 

30db-lse-thumbStandard.jpg

E.U. Blocks Merger of London Stock Exchange and Deutsche Börse

 

By CHAD BRAY

 

The decision came after the London exchange said it was unwilling to sell a bond trading platform to appease regulators.

 

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2 Black Women Sue Fox News, Claiming Racial Discrimination

 

By NIRAJ CHOKSHI

 

The suit says that Judith Slater, then the company’s comptroller, made racially charged comments, including suggestions that black men were “women beaters.”

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Share on other sites

Brexit: May links economy to security

 

 

 

 

Theresa May's Brexit letter made plenty of the word "prosperity", but linked it to security, adding more complexity.

 

  • 29 March 2017
  • From the section Business
  • comments

 

 

Related content

 

 

 

 

 

 

UK leaves the EU

 

 

 

What businesses want from the talks

 

 

 

 

Dover boss warns of Brexit backlog

 

 

 

 

What are Britain's trade options?

 

 

 

 

BBC editors: The key issues

 

 

 

 

 

 

UK-German stock exchange deal blocked

 

EU regulators block London Stock Exchange's £21bn merger with German stock exchange Deutsche Boerse.

 

  • 29 March 2017
  • From the section Business
  • comments

 

 

Related content

 

 

 

 

 

 

 

Live Business Live: FTSE 100 ends higher as Brexit begins

 

The FTSE 100 ends 0.41% up as the Brexit countdown begins, with the Prime Minister saying there's no turning back.

 

 

 

Related content

 

 

 

 

 

Vauxhall drops FA sponsorship deals

 

  • 29 March 2017
  • From the section Business

 

 

Lloyd's of London 'picks Brussels base'

 

  • 29 March 2017
  • From the section Business

 

 

Galaxy S8 hides home button and adds AI

 

 

 

 

 

 

Markets 'shrug off' Article 50 letter

 

  • 29 March 2017
  • From the section Business

 

 

Pensioners' life expectancy drops

 

  • 29 March 2017
  • From the section Business

 

 

Topshop loses managing director

 

  • 29 March 2017
  • From the section Business

 

 

Toshiba nuclear unit in bankruptcy

 

  • 29 March 2017
  • From the section Business

 

 

Kushners end talks with Chinese firm

 

 

 

Laptop cabin ban 'ineffective' says IATA

 

  • 28 March 2017
  • From the section Business

 

 

 

 

Also in the News

 

 

 

Police probe 'human waste in Coke cans'

 

 

 

 

 

Elon Musk creates brain electrode firm

 

  • 28 March 2017
  • From the section Technology
  • comments

 

 

 

 

Features & Analysis

 

 

 

Fawlty language

 

How Basil helps Japan's race for Olympic English speakers

 

  • 29 March 2017
  • From the section Business

 

 

 

 

 

Bye-bye bank charges?

 

How mobile banking is saving us 'billions'

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

UK stocks end choppy Brexit day in the black

 

Britain's FTSE index of leading shares closed higher on Wednesday after a choppy session following Britain's formal triggering of its departure from the European Union.

5:32pm BST

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Brexit's cliff edge - 'business as usual' not an option

 

Failure to strike a trade deal with the European Union by a two-year deadline would force Britain to adopt World Trade Organization arrangements, bringing with it a host of new negotiations and complications.

3:06pm BST

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Banks to London staff - no panic as Britain launches EU divorce process

 

Banks in Britain have tried to reassure their London staff over possible Brexit disruption, including a shift in jobs to continental Europe, as Prime Minister Theresa May triggered formal EU divorce proceedings on Wednesday.

6:03pm BST

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EU vetos Deutsche Boerse-London Stock Exchange merger deal

 

An attempted merger between the German and British stock exchanges was struck down by European regulators on Wednesday, formally ending a deal that unravelled in the wake of Britain's vote to leave the European Union.

7:08pm BST

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'America First' is no strategy for growth, jobs - German minister

 

The "America First" trade policy advocated by U.S. President Donald Trump is no recipe for generating more economic growth and jobs and it is up to Europeans to convince him of that, Germany's economy minister said on Wednesday.

7:01pm BST

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A Fed official backs sticking with crisis-era policy method

 

The Federal Reserve's current use of two relatively new tools to lift interest rates - its reverse repurchase facility and its rate on excess bank reserves - has proven to work well, suggesting the Fed may not revert to a more traditional policy model, a top U.S. central banker said on Wednesday.

8:02pm BST

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Samsung launches Galaxy S8 and dreams of recovery from Note 7

 

Samsung Electronics Co Ltd unveiled its Galaxy S8 flagship smartphone as it battles to regain the market leadership it lost to Apple Inc after the embarrassing withdrawal of the fire-prone Note 7s.

8:01pm BST

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EU official urges independent controls over Brazil meat industry

 

Brazil needs independent controls over its meat industry, a top EU health official said on Wednesday, as he wrapped up a visit to the country rocked by an anticorruption investigation centering on bribery of its food-sanitation inspectors.

7:24pm BST

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Firms demand EU deal ensures their survival as May triggers Brexit

 

Carmakers and airlines easyJet and Ryanair demanded Britain secure a Brexit deal which preserves their access to Europe, warning any barriers to trade could risk the future of car plants and ground flights between the UK and the continent.

5:33pm BST

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Other Akzo shareholders also want talks with PPG - Elliott Advisors

 

Elliott Advisors, the activist investor with a 3.25 percent stake in Akzo Nobel , said on Wednesday other shareholders owning almost a quarter of the Dutch paints and chemicals group want it to enter into talks with spurned U.S. suitor PPG Industries .

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Oil rises again on view that supplies should tighten

 

Oil prices rose nearly 2 percent on Wednesday as U.S. crude inventories rose less than expected, supply disruptions continued in Libya and the OPEC-led output cut by producing countries looked likely to be extended.

5:47pm BST

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Firms demand EU deal ensures their survival as May triggers Brexit

 

Carmakers and airlines easyJet and Ryanair demanded Britain secure a Brexit deal which preserves their access to Europe, warning any barriers to trade could risk the future of car plants and ground flights between the UK and the continent.

5:33pm BST

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UK stocks end choppy Brexit day in the black

 

Britain's FTSE index of leading shares closed higher on Wednesday after a choppy session following Britain's formal triggering of its departure from the European Union.

5:32pm BST

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VW files complaint over searches of its dieselgate law firm

 

Volkswagen has filed a legal complaint with a Munich court, seeking to prevent German prosecutors from using information seized during searches of the law firm it hired to investigate its emissions scandal.

5:27pm BST

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Pernod to raise spirits prices in Britain, cites Brexit impact

 

Pernod Ricard is raising the prices of its spirits and wines in Britain to protect margins against a slide in the pound stemming from the country's vote to leave the European Union.

4:37pm BST

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Exclusive - Greece, EU/IMF lenders agree on key labour reforms, pension cuts: sources

 

Greece has agreed with its lenders on key labour reforms, spending cuts and energy issues, moving closer to clinching a deal before a meeting of euro zone finance ministers on April 7, sources close to the talks said on Wednesday.

4:16pm BST

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European Commission does not confirm preliminary deal on Greek bailout

 

A European Commission's spokeswoman said on Wednesday that the EU executive could not confirm reports of a preliminary deal between Greece and its international creditors on the terms of the country's bailout programme.

4:16pm BST

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Exclusive - Genel Energy CFO to step down, search for chairman continues: sources

 

Genel Energy is set to lose its finance chief while still struggling to find a replacement for Chairman Tony Hayward, sources told Reuters, increasing pressure on the company after a second revision to its Kurdish oil reserves sent its shares sliding this week.

3:35pm BST

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As oil output grows, BP keeps refining stable, expands retail

 

BP has no plan to build new refineries despite growing oil production and will focus on modernising existing plants while expanding its network of filling stations to generate $3 billion in additional cash.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Share on other sites

As oil output grows, BP keeps refining stable, expands retail

 

BP has no plan to build new refineries despite growing oil production and will focus on modernising existing plants while expanding its network of filling stations to generate $3 billion in additional cash.

3:13pm BST

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BP says plans to stop Shah Deniz gas platform for maintenance in 2017

 

British oil major BP , which operates the Shah Deniz offshore gas condensate field, plans to halt work of the on-site platform for maintenance in the second half of this year, Gordon Birrell, BP's regional president for Azerbaijan, said.

3:12pm BST

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Brexit's cliff edge - 'business as usual' not an option

 

Failure to strike a trade deal with the European Union by a two-year deadline would force Britain to adopt World Trade Organization arrangements, bringing with it a host of new negotiations and complications.

3:06pm BST

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Audi's unions demand electric model for main German plant

 

Labour leaders at Volkswagen's luxury Audi brand have asked top management to assign production of an all-electric model to the carmaker's main plant in Germany, concerned they might lose out as electric cars gain in importance.

3:06pm BST

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Head of Germany's Stada confirms car was bugged last year

 

The head of Stada , the German drugmaker at the centre of a takeover battle, confirmed his car had been bugged last year but reassured investors that the company had not suffered as a result.

2:50pm BST

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Russia's Gazprom raises 850 million pounds in Eurobond deal - sources

 

Russian gas giant Gazprom has raised 850 million pounds ($1.05 billion) in a Eurobond deal, two sources close to the deal told Reuters on Wednesday.

2:41pm BST

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Managers of German Ponzi property scheme get eight years in jail

 

Two managers of a German Ponzi property scheme who became notorious for throwing parties with models, fast cars and even an elephant have been sentenced to 8 1/2 years in prison, a Frankfurt court said on Wednesday.

2:16pm BST

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Moody's sees UK/EU deal that keeps most of current trade relationship

 

Moody's credit ratings agency said on Wednesday it expected Britain and the European Union will eventually strike a deal that preserves most - but probably not all - of their current trading relationship after Brexit.

2:14pm BST

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UK financial sector proposes untested system to keep EU access

 

Britain's financial sector is drawing up proposals on how it could still serve EU clients after Brexit, even as firms begin establishing new operations on the continent to keep access to the European market.

2:06pm BST

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Exclusive - Spooked by yield rise, ECB wary of changing message again: sources

 

European Central Bank policymakers are wary of making any new change to their policy message in April after small tweaks this month upset investors and raised the spectre of surging borrowing costs for the bloc's indebted periphery, six sources told Reuters.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

UK car industry body says no Brexit deal is not an option

 

No deal in Brexit talks between Britain and the European Union is not an option, the country's car industry body said as Prime Minister Theresa May formally triggered divorce proceedings from the European Union.

1:41pm BST

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FDA, Mylan silence on generic Advair may be good news for GSK

 

A deadline for U.S. regulators to give a verdict on a generic copy of GlaxoSmithKline's blockbuster inhaled lung drug Advair has passed with no sign of approval, sparking speculation that a threat to GSK profits might be delayed.

1:38pm BST

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Tesla deal boosts Chinese presence in U.S. auto tech

 

China's Tencent Holdings Ltd has bought a 5 percent stake in U.S. electric car maker Tesla Inc for $1.78 billion (1.43 billion pounds), the latest investment by a Chinese internet company in the potentially lucrative market for self-driving vehicles and related services.

1:34pm BST

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BMW says UK must take global business views into account during Brexit

 

German carmaker BMW , which operates Mini and Rolls-Royce plants in Britain, said the country must listen to the views of global companies during Brexit talks, with continued tariff-free access to Europe of crucial importance.

1:28pm BST

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EasyJet says it needs aviation deal after Brexit

 

Britain's easyJet said it wanted a straightforward bilateral aviation agreement between the UK and the European Union as a minimum in a Brexit deal.

1:27pm BST

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UK-based banks already knocking on Germany's door - Bundesbank

 

Banks seeking to leave London because of Brexit are already holding talks about moving to Frankfurt but they will not be offered any special exemption from the regulations, a senior board member of Germany's central bank told Reuters.

1:24pm BST

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European Banking Federation wants clarity, certainty for banks during Brexit talks

 

The European Banking Federation wants European Union and British negotiators to provide clarity on the terms of Britain's exit from the EU, after London triggered the process on Wednesday, so that banks can continue to finance the economy.

1:24pm BST

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BP sees trading benefits from oil boom in the Americas

 

Oil major BP expects its trading operations to benefit from growing global crude trade on the back of abundant U.S., Canadian and Brazilian production and rising energy demand in Asia, a top BP executive said.

1:13pm BST

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Daimler accelerates electric car programme

 

Mercedes-Benz owner Daimler is accelerating its electric car programme, it said on Wednesday after announcing that it had failed to cut fleet emissions in Europe for the first time since 2007.

12:33pm BST

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Reuters poll - European shares seen up in 2017 as economy puts politics in shade

 

European shares are expected to make single-digit gains this year and in early 2018 as a brighter economic outlook and cheap valuations trump political concerns, a Reuters poll found.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

UK court says Ukraine has no 'justiciable defence' in $3 billion Russia bond case

 

An UK court ruled on Wednesday that Ukraine did not provide "justiciable defence" in a $3 billion (2.40 billion pounds) Eurobond case brought by Russia against Kiev and that it would not be right for the case to go to full trial.

12:26pm BST

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UK consumer lending slows, caution reigns ahead of Brexit

 

British consumer borrowing grew at its weakest rate in nearly two years over the past three months, Bank of England data showed on Wednesday, highlighting households' sense of caution as Britain moved closer to leaving the European Union.

12:13pm BST

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Stocks slip, sterling steadies as Brexit becomes real

 

European shares drifted lower on Wednesday, while sterling battled back from a one-week low and regained its composure amid the drama of Britain formally triggering its exit process from the European Union.

12:02pm BST

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European shares inch higher as Brexit divorce process to begin

 

European shares edged higher on Wednesday as Britain was set to formally trigger divorce proceedings with the European Union it joined in 1973.

12:02pm BST

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EDF Energy says no impact on UK nuclear project from Areva issues

 

EDF Energy's nuclear project in Britain will not face any impact from issues related to the discovery of manufacturing irregularities at French nuclear group Areva , a supplier to the new plant, EDF's CEO said on Wednesday.

11:48am BST

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FTSE 100 to dip in coming months but then set new highs

 

Britain's FTSE 100 share index will dip in the months after the country starts official divorce proceedings later on Wednesday with the European Union but reach new record highs next year, a Reuters poll found.

11:22am BST

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Choppy trading in LSE shares after EU blocks Deutsche-Boerse deal

 

Shares of London Stock Exchange Group shares rose as much as 3.6 percent in a spike in volumes in the minutes following the EU's decision to block its merger with Deutsche Boerse with traders citing talk that a possible counteroffer from a U.S.-based exchange may emerge.

10:58am BST

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Ford warns Brexit deal must include tariff-free access to customs union

 

U.S. carmaker Ford said on Wednesday that Britain must secure a Brexit deal which includes full tariff-free access to the entire customs union of European countries, not just the 27 other members of the European Union.

10:39am BST

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Goldman Sachs reassures staff over Brexit in voicemail

 

Goldman Sachs sought to reassure London-based staff over potential disruption to its business as Britain prepares to leave the European Union, in a voicemail to staff sent by the Wall Street firm's Europe CEO.

10:38am BST

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Russia's Novak says current oil prices helping balance market - TASS

 

Current oil prices are helping to maintain the supply and demand balance on global energy markets, Russian Energy Minister Alexander Novak said on Wednesday, according to TASS news agency.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

 

 

 

 

Brexit trade deal with Britain must be linked to security

 

Defence Secretary Michael Fallon says national security was not a ‘bargaining process’, but that all sides would be ‘worse off’ if there was not a deal struck between Britain and the EU

 

 

 

 

 

Companies are offering paid leave to staff who get a puppy

 

 

 

 

 

 

 

 

 

 

BMW UK workers to take strike action over pension scheme changes

 

Under the proposed pension scheme changes, some UK workers would lose up to £160,000 in retirement income, according to Unite

 

 

 

 

 

 

Confidence in delivery of new UK customs system 'collapses'

 

 

 

 

 

 

Apple wins court ruling against banks to retain Apple Pay control

 

 

 

 

 

 

GlaxoSmithKline: Why cut in new CEO's pay isn't something to celebrate

 

Emma Walmsley's package is 25 per cent lower than her predecessor Andrew Witty's. But would that sort of cut have been imposed upon a male candidate with the same experience?

 

 

 

 

 

 

 

 

Volkswagen has fixed fewer than half of UK cars hit by diesel scandal

 

VW has not set a firm deadline to complete the work but hopes to have most of it done by the autumn

 

 

 

 

 

 

Brexit could increase fruit and vegetable prices in UK

 

The EU provided 71 per cent of Britain’s food and agriculture imports in 2016

 

 

 

 

 

 

 

 

Households bills set to fall as Ofcom moves to cut broadband costs

 

Ofcom intends to cut the price that Openreach charges for some of its broadband packages from £88.80 to £52.77

 

 

 

 

 

 

Brexit causing hospitality recruitment crisis. Will Government listen?

 

Freedom of movement restrictions mean the UK’s fourth-biggest industry faces a crisis, as plans to fill recruitment gap with British workers look set to fail

 

 

 

 

 

Pound steady after Donald Tusk presents EU's Brexit negotiating stance

 

 

 

 

 

Household saving ratio hits record low

 

 

 

 

 

 

UK home ownership rate falls to lowest level since 1985

 

The average cost of a house in the UK stood at £207,308 in March

 

 

 

 

 

 

 

 

Uniqlo could pull out of US because of Donald Trump’s border tax

 

Tadashi Yanai said that the tax could make it impossible to manufacture quality products at a cost that is affordable for consumers

 

 

 

 

 

 

Poor workers' rent bill swallows 40% of wages

 

The median annual private rent in England according to the Valuation Office is £7,800 while wages for low-skilled workers are £18,500 a year

 

 

 

 

 

 

 

Tech firms to set up forum to ‘tackle online terrorist propaganda’

 

It comes after the Home Secretary said it was ‘completely unacceptable’ that London terror attacker Khalid Masood’s WhatsApp messages were encrypted

 

 

 

 

 

 

UK greenhouse gases now 42% lower than they were in 1990

 

 

 

 

 

Plunging price of renewables 'makes end of fossil fuels inevitable'

 

 

 

 

 

 

McDonald’s to serve quarter pounders with fresh beef

 

The fast food giant is making its biggest change to the quarter pounder yet

 

 

 

 

 

 

 

Is it a bird? Is it a plane? No it's the accountancy watchdog!

 

The Financial Reporting Council wants to know if its sanctions are tough enough to protect the public

 

 

 

 

 

Bank of England plans to use palm oil in £20 notes met with caution

 

 

 

 

 

A company is selling high-heels for babies, and people are not happy

 

 

 

 

 

 

Is the future of UK nuclear power in the UK in doubt?

 

New £10bn plant in Cumbria is set to produce 7 per cent of the UK’s power

 

 

 

 

 

 

 

 

US economy grew at 2.1% rate in final months of Obama's Presidency

 

The final estimate was slightly higher than the 2 per cent pencilled in by economists surveyed by Reuters

 

 

 

 

 

Top BlackRock investor says he hasn't given up hope on the pound

 

 

 

 

 

Poundland to expand low-cost fashion brand to compete with Asda

 

 

 

 

 

 

Coffee cup charge a step in the right direction. A ban would be better

 

A study by Cardiff University has indicated a plastic bag style levy could cut the mountain of disposable cups ending up in landfill

 

 

 

 

 

 

 

Charging for coffee cups could cut 25,000 tonnes of waste

 

Britain’s coffee addiction is creating an estimated 25,000 tons of waste with 2.5 billion disposable coffee cups used in the UK each year

 

 

 

 

 

 

 

 

Major engineering firm pulls out of £170m HS2 contract

 

‘We have taken the decision to alleviate any further delays to this critical national infrastructure project,’ CH2M said

 

 

 

 

 

 

 

Fund manager BlackRock turns to bots but trackers still win for savers

 

The giant US asset manager is looking at ways to make stock picking cheaper

 

 

 

 

 

 

German foreign minister tells UK 'let's stay friends' despite Brexit

 

Chancellor Angela Merkel’s government will fully support the European Commission's Brexit negotiator Michel Barnier to 'enforce common interests in the negotiations'

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

A Real Estate Boom, Powered by Pot

 

By DAVID GELLES

 

The legalization of marijuana is upending the market for warehouses and retail stores, as companies pay a premium for places to grow and sell it.

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A Pentagon Test for Boeing’s Mr. Fix-It

 

By CHRISTOPHER DREW

 

Patrick M. Shanahan brings a reputation as an aerospace troubleshooter to his expected nomination for the No. 2 defense job, which others found too big to handle.

 

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Bill O’Reilly Thrives at Fox News, Even as Harassment Settlements Add Up

 

By EMILY STEEL and MICHAEL S. SCHMIDT

 

About $13 million has been paid out over the years to address complaints from women about Mr. O’Reilly’s behavior. He denies the claims have merit.

 

 

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Trump Couple, Now White House Employees, Can’t Escape Conflict Laws

 

By ERIC LIPTON and JESSE DRUCKER

 

Jared Kushner and Ivanka Trump are walking on perilous legal and ethical ground, according to several prominent experts on the subject.

 

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For April Ryan, Clashes With the White House Bring a New Kind of Prominence

 

By MICHAEL M. GRYNBAUM

 

A run-in with the White House press secretary this week has thrust a veteran reporter into a debate over the Trump administration’s attitudes toward gender and race.

 

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Conservative Split Over Import Tax Imperils Trump’s Overhaul

 

By NICHOLAS CONFESSORE and ALAN RAPPEPORT

 

A proposed “border adjustment” tax is meeting furious opposition, threatening to jeopardize yet another signature legislative initiative.

 

 

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Tribes That Live Off Coal Hold Tight to Trump’s Promises

 

By JULIE TURKEWITZ

 

The Crow of Montana are among several Indian nations looking to the president’s pledges to end Obama-era coal rules or approve new oil and gas wells.

 

News Analysis

 

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Trump Talks Tough on U.S.-China Trade but Delays Real Action

 

By KEITH BRADSHER

 

While two new executives orders reflect America’s trade tensions with China, they don’t address the core issues.

 

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President’s Growing Trade Gap: A Gulf Between Talk and Action

 

By BINYAMIN APPELBAUM

 

The president said two new executive orders would “set the stage for a great revival of American manufacturing,” but they probably won’t make much difference.

 

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Foreigners Have Long Mined Indonesia, but Now There’s an Outcry

 

By JON EMONT

 

Protesters are pressing the government to push back against Freeport-McMoRan, a U.S. mining giant, and to regain control of natural resources.

 

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Also Made in Mexico: Lifesaving Medical Devices

 

By SARAH VARNEY

 

The medical supply industry makes a particularly revelatory case study of the difficulties of untangling global trade.

 

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Even Bold Foreign Investors Tiptoe in Iran

 

By STANLEY REED

 

Total, the French energy giant, is drawn by the promise of a lucrative market but is moving cautiously as it considers investing.

 

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Trump University Suit Settlement Approved by Judge

 

By STEVE EDER and JENNIFER MEDINA

 

The approval of the settlement, assuming it stands, brings to a close a case that garnered outsize national attention during the presidential race.

 

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A Quick Guide to Backing Up Your Critical Data

 

By J. D. BIERSDORFER and KELLY COUTURIER

 

On World Backup Day, here’s a quick guide to safeguarding your digital photos, videos, documents and emails by creating second copies of them.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Sports Direct increases Debenhams stake

 

 

 

 

Mike Ashley's leisure retailer ups its holding in the High Street department store chain.

 

  • 2 April 2017
  • From the section Business

 

 

Related content

 

 

 

 

 

 

 

 

 

Hammond leads UK trade mission to India

 

As the UK triggers the Brexit process the country looks to secure trade deals with non-EU nations.

 

  • 2 April 2017
  • From the section Business

 

 

Related content

 

 

 

 

 

 

 

 

Greens back 'bold' three-day weekend

 

Co-leader Jonathan Bartley says people have been "short-changed" by the economy.

 

 

 

Related content

 

 

 

 

 

US tech firm to invest in research centre

 

 

 

Ford recalls 52,000 pick-up trucks

 

 

 

Google reveals latest UK tax bill

 

  • 31 March 2017
  • From the section Business
  • comments

 

 

 

 

 

Two million workers receive 4% pay rise

 

  • 31 March 2017
  • From the section Business

 

 

Central banks 'must communicate better'

 

  • 31 March 2017
  • From the section Business

 

 

UK BMW workers back strike over pensions

 

  • 31 March 2017
  • From the section Business

 

 

Trump trade crackdown 'not about China'

 

 

 

UK savings ratio falls to record low

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

UK's Reckitt Benckiser weighing foods business sale-paper

 

British consumer goods group Reckitt Benckiser is considering the sale of its foods business, which includes French's, its top-selling U.S. mustard brand, to help fund its $16.6 billion (13 billion pound) takeover of baby food maker Mead Johnson, British newspaper The Sunday Times said.

5:28pm BST

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Credit Suisse takes out UK newspaper ads after office raids in tax case

 

Credit Suisse has taken out adverts in British Sunday newspapers stressing a zero-tolerance policy on tax evasion, as the Swiss bank tries to limit any damage to its reputation from raids on three of its offices.

3:28pm BST

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Warning signs abound for UK economy following strong fourth quarter

 

The British economy's strong finish to 2016 looks likely to prove a high watermark as Brexit gets underway, according to a range of indicators on Friday which pointed to a growing squeeze on consumers.

01 Apr 2017

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Apax close to $500 million deal to buy Israel's Syneron - reports

 

British private equity fund Apax Partners [APAX.UL] is close to finalising a deal to buy Israel-based Syneron Medical , an aesthetic device company, for about $500 million (£399 million), Israeli media reported on Sunday.

9:25am BST

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Iraq has pledged to fully comply with oil cut deal, OPEC chief says

 

Iraq has assured OPEC it will fully comply with an agreement to cut oil supply in order to bolster crude prices, OPEC Secretary General Mohammed Barkindo said on Sunday in Baghdad.

2:33pm BST

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Japan's BTMU bank mulls fee hike for big clients amid negative interest rates

 

Bank of Tokyo-Mitsubishi UFJ (BTMU), a core unit of Mitsubishi UFJ Financial Group (MUFG) , is in talks with its big corporate customers on potential fee hikes, in a bid to pass on some of the costs of negative interest rates.

4:09pm BST

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Public owners of HSH Nordbank say pleased with first bidding round

 

Finance ministers of the German states of Hamburg and Schleswig-Holstein said on Sunday they were pleased with the first bidding round in the privatisation of shipping finance provider HSH Nordbank [HSH.UL], of which they jointly own 85 percent.

3:49pm BST

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German prosecutors expect rulings in VW scandal this year - report

 

German prosecutors expect the first rulings this year in legal cases resulting from the Volkswagen emissions scandal, Automobilwoche magazine reported on Saturday.

01 Apr 2017

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Ethical investment tide lifts 'greenwash' concerns

 

Investors are ploughing ever more into ethical funds to back their views on issues such as global warming and gender equality, but such investments can be confusingly similar to standard funds, except for higher fees and 'green halo' marketing.

2:08am BST

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Germany criticises Trump orders on trade deficits, import duty evasion

 

U.S. President Donald Trump's executive orders on trade deficits and import duty evasion are a sign that Washington plans to move away from free trade and international agreements, German Economy Minister Brigitte Zypries said on Saturday.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Alstria aims to double property portfolio to six billion euros

 

German real estate firm Alstria Office Reit plans to double its portfolio to six billion euros (5 billion pounds), its chief financial officer Alexander Dexne said in the Saturday edition of Boersenzeitung (BoeZ), without giving a date.

01 Apr 2017

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Germany criticises Trump orders on trade deficits, import duty evasion

 

U.S. President Donald Trump's executive orders on trade deficits and import duty evasion are a sign that Washington plans to move away from free trade and international agreements, German Economy Minister Brigitte Zypries said on Saturday.

01 Apr 2017

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China launches new economic zone in Hebei to promote integration

 

China will establish a new special economic zone in the heavily polluted province of Hebei in order to promote integration with the neighbouring cities of Beijing and Tianjin, the government announced on Saturday.

01 Apr 2017

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Warning signs abound for UK economy following strong fourth quarter

 

The British economy's strong finish to 2016 looks likely to prove a high watermark as Brexit gets underway, according to a range of indicators on Friday which pointed to a growing squeeze on consumers.

01 Apr 2017

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China central bank says economy stable but complexities 'cannot be underestimated'

 

China's economy remains "generally stable" but it is facing complexities that "cannot be underestimated", the country's central bank said in a statement on Saturday following a quarterly meeting of its monetary policy committee.

01 Apr 2017

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Apple, Amazon, Google join bidding for Toshiba chip unit - media

 

Apple Inc, Amazon.com Inc and Google have joined bidding for Toshiba's NAND flash memory unit, vying with others for the Japanese firm's prized semiconductor operation, the Yomiuri Shimbun daily reported on Saturday.

01 Apr 2017

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Toshiba likely to miss quarterly earnings deadline for third time - sources

 

Toshiba Corp will likely miss a third deadline to report its quarterly business results, two sources told Reuters, forcing the Japanese conglomerate to ask for a fresh extension or face a possible delisting from the Tokyo Stock Exchange.

01 Apr 2017

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China March factory activity expands but at slower pace - Caixin PMI

 

Activity at China's factories expanded for a ninth straight month in March but at a softer pace as new export orders slowed, a private survey showed, raising questions about whether a recent pickup in global demand is losing steam.

01 Apr 2017

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Brexit effects may reflect in business surveys

 

In the week after Britain formally notified the European Union of its intention to quit the bloc, business surveys will give more idea of what -- if any -- impact Brexit is having on the British economy and how its EU peers compare.

01 Apr 2017

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Stocks dip as investors take profits after strong quarter

 

An index of world stocks dipped on Friday as investors locked in a quarterly gain that has given equities their best start to a year since 2012, while oil finished its worst quarter since 2015.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Trump's orders target trade abuses, import duty evasion

 

U.S. President Donald Trump sought to push his crusade for fair trade and more manufacturing jobs back to the top of his agenda on Friday by ordering a study into the causes of U.S. trade deficits and a clampdown on import duty evasion.

31 Mar 2017

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Boeing's newest, largest Dreamliner completes first flight

 

Boeing Co's newest and largest Dreamliner model, the 787-10, successfully made its first flight on Friday, kicking off a test program for the high-tech jet.

31 Mar 2017

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Credit Suisse under fire as clients hunted for tax evasion

 

Swiss bank Credit Suisse has been dragged into yet more tax evasion and money laundering investigations, after a tip-off to Dutch prosecutors about tens of thousands of suspect accounts triggered raids in five countries.

31 Mar 2017

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Spain's Cox Energy in advanced talks to bring in South America partner

 

Spanish renewable energy firm Cox Energy is in advanced talks to bring in a partner for its South American operations, the company told Reuters on Friday.

31 Mar 2017

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Credit Suisse launches internal investigation after offices searched in tax probe

 

Credit Suisse is conducting an internal investigation over whether staff breached compliance rules after three of its offices were searched in tax evasion probes, the head of its International Wealth Management division said on Friday.

31 Mar 2017

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Oil retreats, set to become first quarter's worst-performing asset

 

Oil prices fell on Friday after a three-day rally ran out of steam as a higher U.S. rig count signalled rising production from shale, contributing to the global supply glut.

31 Mar 2017

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EU offers pre-Brexit trade talks, tough on transition

 

The European Union is ready to talk to Britain on a future free trade deal before the two sides agree final terms on Brexit, draft EU negotiating guidelines issued on Friday show.

31 Mar 2017

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Campaigners file legal challenge over Brexit reversibility

 

Campaigners mounting a legal challenge to determine whether Britain's divorce from the European Union can be reversed said they had filed their written legal case on Friday.

31 Mar 2017

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Akzo Nobel's chairman says PPG's proposal "just a poor offer" - newspaper interview

 

Akzo Nobel Chairman Antony Bergmans on Friday again dismissed a takeover proposal from U.S. rival PPG Industries as "a poor offer".

31 Mar 2017

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European shares seal strongest quarter in two years

 

European shares sealed their best quarter since 2015 on Friday, with inflows to European equities picking up on strong economic data and corporate earnings, despite a packed political calendar ahead.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

 

 

 

 

UK manufacturing sector weakens slightly in March

 

March's manufacturing PMI slipped to 54.2 from a downwardly revised 54.5 in February, undershooting economists' average forecast of 54.6 in a Reuters poll

 

 

 

 

 

FCA urges credit card companies to help those in debt

 

 

 

 

 

 

 

 

 

 

Trump changes trust rules to allow him take money from business

 

The New York tycoon has been fighting off accusations of a conflict of interest since he took office

 

 

 

 

 

 

Fish and chips fall out of favour with millennials

 

 

 

 

 

 

British pizza chain Franco Manca to open restaurant in Italy

 

 

 

 

 

 

HBOS fraud: Too early for curtain to fall amid fresh media claims

 

Lloyds, HBOS's owner, has dismissed a report in the Sunday Times about its handling of the affair, and says it is focussed on compensating victims

 

 

 

 

 

 

 

 

Company fires its lawyers for handing Trump 'invitation to corruption'

 

Morgan, Lewis & Bockius said the President's son could run his father’s multi-billion dollar organisation and this would not be a conflict of interest

 

 

 

 

 

 

FCA's credit card crackdown will impact an imbalanced economy

 

A debt fuelled spending boom has made the post Brexit economy look healthier than it really is

 

 

 

 

 

 

 

 

Is Brexit an opportunity or threat for small businesses and start-ups?

 

A survey of over a thousand small business leaders showed most are now more confident about prospects for their own business than they were at the tail end of 2016

 

 

 

 

 

 

Tesla delivers new record of 25,000 electric cars in three months

 

Investors got spooked after the chief executive said in February his company could get “close to the edge” as it burns cash ahead of its crucial Model 3 launch

 

 

 

 

 

Shares in UK tech company crash after Apple says it no longer needs it

 

 

 

 

 

Toshiba shares plunge 9.4 per cent as problems mount

 

 

 

 

 

 

The new laws that could affect your wallet when they come into force

 

Key changes will be made to the minimum wage and pensions

 

 

 

 

 

 

 

 

Companies are offering paid leave to staff who get a puppy

 

New puppies are given time to settle into their new home and bond with their owners

 

 

 

 

 

 

Brexit trade deal with Britain must be linked to security

 

Defence Secretary Michael Fallon says national security was not a ‘bargaining process’, but that all sides would be ‘worse off’ if there was not a deal struck between Britain and the EU

 

 

 

 

 

 

 

Google paid £36 million in tax on UK revenues of £1 billion

 

Internet giant is slammed by opposition parties for 'not paying its fair share'

 

 

 

 

 

British Airways is introducing business class on domestic flights

 

 

 

 

 

Google's £36.4m tax payment: Is Baroness Kramer right to make a fuss?

 

 

 

 

 

 

BMW UK workers to take strike action over pension scheme changes

 

Under the proposed pension scheme changes, some UK workers would lose up to £160,000 in retirement income, according to Unite

 

 

 

 

 

 

 

Confidence in delivery of new UK customs system 'collapses'

 

This follows a warning earlier this week from the chief executive of the port of Dover, Tim Waggott, of an ‘Armageddon scenario’ on customs post-Brexit

 

 

 

 

 

Apple wins court ruling against banks to retain Apple Pay control

 

 

 

 

 

GlaxoSmithKline: Why cut in new CEO's pay isn't something to celebrate

 

 

 

 

 

 

Volkswagen has fixed fewer than half of UK cars hit by diesel scandal

 

VW has not set a firm deadline to complete the work but hopes to have most of it done by the autumn

 

 

 

 

 

 

 

 

Brexit could increase fruit and vegetable prices in UK

 

The EU provided 71 per cent of Britain’s food and agriculture imports in 2016

 

 

 

 

 

Households bills set to fall as Ofcom moves to cut broadband costs

 

 

 

 

 

Brexit causing hospitality recruitment crisis. Will Government listen?

 

 

 

 

 

 

Pound steady after Donald Tusk presents EU's Brexit negotiating stance

 

In the longer run, many economists and investors still think that a sustained sterling recovery is not on the horizon

 

 

 

 

 

 

 

Household saving ratio hits record low

 

The ratio slumped from 5.3 per cent in the third quarter of 2016

 

 

 

 

 

 

 

 

Plunging price of renewables 'makes end of fossil fuels inevitable'

 

'While President Donald Trump may have promised to bring back coal jobs, he will no doubt find resistance ... should his efforts come at the expense of clean energy jobs'

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Fox News and Roger Ailes Hit With New Sexual Harassment Suit

 

By EMILY STEEL 12:34 PM ET

 

Julie Roginsky, a Fox News contributor, said she faced retaliation for rebuffing Mr. Ailes’s sexual advances and for refusing to disparage the former host Gretchen Carlson.

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Bill O’Reilly Thrives at Fox News, Even as Harassment Settlements Add Up

 

By EMILY STEEL and MICHAEL S. SCHMIDT

 

About $13 million has been paid out over the years to address complaints from women about Mr. O’Reilly’s behavior. He denies the claims have merit.

 

 

 

 

 

 

 

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Google Training Ad Placement Computers to Be Offended

 

By DAISUKE WAKABAYASHI

 

It’s about context. Google engineers are trying to teach machines to recognize what can be offensive or inoffensive depending on the situation.

 

Visa Applications Pour In by Truckload Before Door Slams Shut

 

By MIRIAM JORDAN 2:23 PM ET

 

Possible changes to a program that allows technology companies to import foreign workers may be adding to an even heavier rush than usual this year.

 

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Interactive Feature: How Uber Uses Psychological Tricks to Push Its Drivers’ Buttons

 

By NOAM SCHEIBER

 

The start-up has undertaken an extraordinary experiment in behavioral science to subtly entice an independent work force to maximize company revenue.

 

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Supreme Court to Weigh if Firms Can Be Sued in Human Rights Cases

 

By ADAM LIPTAK 12:13 PM ET

 

The case concerns the Jordan-based Arab Bank, which is accused of processing financial transactions through a branch in New York for groups linked to terrorism.

 

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Within Hours, Plans for a Quiet Corner of China Send Home Prices Soaring

 

By AILIN TANG 10:52 AM ET

 

China’s effort to create a gleaming metropolis called Xiongan sets off a buying frenzy and shows the unpredictability of its vast property market.

 

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At Kushners’ Flagship Building, Mounting Debt and a Foundered Deal

 

By CHARLES V. BAGLI 10:32 AM ET

 

Charles and Jared Kushner’s company was already losing money on its $1.8 billion skyscraper. Then a deal with the Chinese for a replacement fell apart.

 

00mexicocorn1-thumbStandard.jpg

Mexico Ready to Play the Corn Card in Trade Talks

 

By KIRK SEMPLE

 

Much of the corn Mexico consumes comes from the United States, potentially making it a useful lever in negotiations over Nafta.

 

04DB-COWAN-thumbStandard.jpg

Cowen Group to Buy Brokerage Firm Convergex for $116 Million

 

By CHAD BRAY 9:42 AM ET

 

The deal would bolster the size of Cowen’s sales and trading business and give it a greater global reach.

 

04transportation-thumbStandard-v2.jpg

Trump Budget Leaves New York-Area Transit Projects Up in the Air

 

By EMMA G. FITZSIMMONS

 

A Second Avenue subway extension and a new train tunnel under the Hudson are counting on federal funding that the president is proposing to slash.

 

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New York Times Elevates Sam Dolnick to Masthead

 

By SYDNEY EMBER

 

A former reporter and recently a candidate for the deputy publisher’s position, Mr. Dolnick will become an assistant editor and guide work toward new platforms.

 

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Dyson Is the Apple of Appliances (and Just as Secretive)

 

By MARK SCOTT

 

With an eye for both design and engineering, this British consumer electronics company is aiming for — and winning — the high end of the market.

 

Reckitt Benckiser Review Could Put French’s Mustard Up for Sale

 

By CHAD BRAY

 

The strategic review by the maker of the famous yellow mustard and Frank’s Red Hot sauce comes as the British company focuses on consumer health products.

 

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Facebook Pushes Outside Law Firms to Become More Diverse

 

By ELLEN ROSEN

 

The social media giant, like other corporations, is pressing its outside law firms to have more minorities and women working on its legal matters.

 

Car Sales Keep Falling, but Buyers Pay More for Trucks, S.U.V.s

 

By THE ASSOCIATED PRESS 12:48 PM ET

 

Passenger car sales continued to plummet last month and were a drag for many automakers, even with offers of some very juicy discounts.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
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