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    • I did not receive a notice via post but in my claim status it shows my claim was transferred to a court I requested in my DQ, as it is closer to me.    Defense I filed:  1.       The Defendant contends that the particulars of claim are vague and generic in nature. The Defendant accordingly sets out its case below and relies on CPR r 16.5 (3) in relation to any particular allegation to which a specific response has not been made. 2.       The defendant paid the lead tenant a fixed sum monthly bill without fail for the extent of the rental period of the accommodation their contract was associated with who was responsible to make payments to the claimant, ending in June 2023. 3.       After moving out, a month later, the claimant wrote to state that an outstanding sum existed. Further stating, as one of the 10 tenants at the time, I now owed them the full sum instead of my 1/10 proportion of said debt, as 10 students were at the dwelling. They also intimated that they were legally allowed to charge me the full sum if the other renters were not to pay their share under some equal and joint severity rule. 4.       Despite sending numerous requests prior to the court claim being raised for copies of said bills for said utilities covered by the agreement, the claimant failed to send any clear bills. This included a CPR 31.14 on xx/xx/xxxx sent via post. 5.       The defendants stress that they acted in good faith to settle the outstanding balance, as evidenced by the confirmation received from the claimant.  Any subsequent demands for additional payments are unwarranted and contradict the claimant's previous acknowledgment of settlement. 6.       Pursuant to OFGEM code of back billing rules the alleged charges relate to charges which have not been billed correctly by Co-operative Energy and are therefore prevented from charging. With the court’s permission the Claimant is put to strict proof to: - a) show and disclose how the Defendant has entered into an agreement. b) show and disclose how the Claimant has reached the amount claimed. c) show how the Claimant has the legal right, either under statute or equity to issue a claim. 7.As per Civil Procedure Rule 16.5 (4) it is expected that the Claimant prove the allegation                  that the money is owed. 8.It is therefore denied that the defendant is indebted to the claimant as alleged or at all.
    • Paint is a free programme on any Windows PC. But don't worry, the choice here is not either perfection or nothing. As you say, use your scanner, save the file ... and then use the "choose files" option when you post to CAG to add the file. We can do all the redacting and converting to the correct file type at this end.  The important thing is just to get the info to us. Why not do an experiment this afternoon and see if the above works?  
    • I see they're trying to round up asylum seekers and lock them up for about three months so they can be put on planes to Rwanda. I'm a bit surprised that this is legal.  
    • thought for the day "Prime ministers need a big strategy that tells you where you’re going, you need a bunch of tactics that get you there, and you need the ability to take everybody else with you."   Now I know you are all thinking 'why is the  UKs destination Rwanda ???
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    • If you are buying a used car – you need to read this survival guide.
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    • 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 
        • Thanks
      • 81 replies
    • Housing Association property flooding. https://www.consumeractiongroup.co.uk/topic/438641-housing-association-property-flooding/&do=findComment&comment=5124299
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    • 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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EU Commission 'very disappointed' by Swiss tax reform vote

 

BRUSSELS The European Commission is disappointed that Swiss voters rejected plans to overhaul corporate taxes and will consult with European Union governments on how to proceed, the EU tax commissioner said on Monday.

5:36pm GMT

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European shares rise to 13-month high on miners strength, M&A news

 

LONDON European shares gained on Monday as mining stocks touched a 2 1/2-year high on rising copper prices and mergers and acquisitions continued to drive shares, with takeover offers sending German drugmaker Stada to a record high.

5:31pm GMT

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Allergan to buy fat-fighter Zeltiq Aesthetics for $2.48 billion

 

Botox maker Allergan Plc agreed to pay $2.48 billion (2 billion pounds) in cash for Zeltiq Aesthetics Inc , adding a system that it says helps people slim down by freezing fat away to the company's line-up of aesthetic products.

5:29pm GMT

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Exclusive - Lloyds Bank closes in on Berlin as post-Brexit EU hub: sources

 

LONDON Lloyds Banking Group is close to selecting Berlin as a European base to secure market access to the European Union when Britain leaves the bloc, sources told Reuters.

5:27pm GMT

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Britain's struggling Co-operative Bank puts itself up for sale

 

LONDON Britain's Co-operative Bank, rescued from the brink of collapse by a group of hedge funds in 2013, has put itself up for sale after struggling to meet regulatory capital requirements.

5:16pm GMT

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TUI governance under fire from shareholder group

 

LONDON Travel group TUI has been criticised for its arrangements on governance and executive pay by a leading shareholder body, which said that the tour operator's approach falls short of British standards.

5:09pm GMT

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Samsung chief grilled for 15 hours in South Korea graft probe

 

SEOUL Samsung Group [sAGR.UL] chief Jay Y. Lee was questioned by South Korea's special prosecutor for more than 15 hours as part of an investigation into a graft scandal that threatens to topple President Park Geun-hye.

5:06pm GMT

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OPEC reports big Saudi oil cut, boosting compliance with deal

 

LONDON/KHOBAR, Saudi Arabia Top OPEC oil producer Saudi Arabia made a large cut in its crude output in January to support prices and lessen a glut, helping boost compliance with the group's supply-reduction deal to a record high of more than 90 percent.

5:03pm GMT

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FTSE extends winning run to fifth day, mid-caps hit record high

 

LONDON Britain's top share index advanced for a fifth straight session to its highest level in nearly a month, with a sharp rally in basic resources stocks on the back of stronger metals prices supporting the broader market.

5:01pm GMT

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IMF can't cut special deal for Greece but debt solution possible - Lagarde

 

DUBAI The International Monetary Fund is doing the best it can to agree on bailout loans for Greece but cannot compromise its principles and cut a sweetheart deal for the country, IMF Managing Director Christine Lagarde 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.

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VW talks with union break down, leaving costs deal in limbo

 

BERLIN Volkswagen's talks with unions over the implementation of its turnaround plan broke off on Monday, both sides said, leaving in limbo a deal on cost-cutting following the carmaker's damaging diesel emissions scandal.

4:37pm GMT

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Greece on track for primary surplus target in 2018 - Commission

 

BRUSSELS Greece will meet its primary surplus target of 3.5 percent of gross domestic product next year in line with its bailout commitments, the European Commission forecast on Monday.

4:36pm GMT

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U.S. inflation expectations at highest level since 2015 - NY Fed

 

NEW YORK A measure of U.S. inflation expectations rose for a second straight month in January to its highest level since mid-2015, according to a Federal Reserve Bank of New York survey released on Monday that reinforced the view that interest rates would keep climbing.

4:19pm GMT

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Standard Chartered to review Sudan links after U.S. sanctions move - executive

 

DUBAI Standard Chartered will consider whether it can restart correspondent banking relationships with Sudan following the proposed lifting of U.S. sanctions, a senior executive said.

4:16pm GMT

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Ukraine negotiations heading in right direction - Lagarde

 

DUBAI Negotiations between the International Monetary Fund and Ukraine to allow the release of the next tranche of aid for the country are heading in the right direction, IMF Managing Director Christine Lagarde said on Monday.

4:08pm GMT

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Tesla targets Middle East drive with Dubai debut

 

DUBAI Tesla Inc has started selling its luxury electric cars in Dubai, marking its first foray into the Middle East.

4:04pm GMT

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Stada to hold takeover talks with rival suitors Cinven and Advent

 

FRANKFURT Stada has invited rival suitors Cinven Partners and Advent International to the negotiating table, the German generic drugs and consumer care group said on Monday, after months of courtship.

4:03pm GMT

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British factory input prices may clobber manufacturing investment

 

LONDON Reuters polls are forecasting that British factory input prices will show an 18.3 percent year-on-year increase In January, up from 15.8 percent a month earlier, when they are released on Tuesday.

3:59pm GMT

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Teva seeks CEO with pharma background to lead recovery efforts

 

TEL AVIV Teva Pharmaceutical Industries is seeking a new chief executive with deep drug industry experience, the Israel-based company said on Monday as it looks to restore confidence after a series of missteps and the departure of CEO Erez Vigodman.

3:36pm GMT

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Italy's Renzi tells govt not to hike excise duties as it pledged to EU

 

ROME The leader of Italy's ruling Democratic Party (PD) said on Monday the government should row back on a commitment to the European Commission that it would raise excise duties to cut the budget deficit.

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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Merkel says Europe can only be strong if Germany, France prosper

 

BERLIN Chancellor Angela Merkel said on Monday that Europe can only be strong when both Germany and France are prosperous. She also said that Germany and France want to be the engine leading the European Union forward.

3:30pm GMT

Primark sees plenty of scope to expand German business - AB Foods CFO

 

BERLIN Discount fashion business Primark could triple the size of its business in Germany despite new stores eating into sales at existing ones, the finance chief of parent company Associated British Foods said on Monday.

3:10pm GMT

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Prada sales improve after revenues drop 10 percent in 2016

 

MILAN Luxury fashion group Prada said sales had accelerated in the past two months, particularly in Greater China and Russia, pointing to an improving outlook after its revenues slumped last year.

3:08pm GMT

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ECB money printing slowed in latest week

 

FRANKFURT, The European Central Bank bought 16.907 billion euros (13 billion pounds) of public sector assets last week as part of its quantitative easing programme, below the 17.347 billion euros it purchased a week earlier, it said on Monday.

2:47pm GMT

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Data suggests Swiss National Bank intervention to trim rising franc

 

ZURICH Rising sight deposits suggest the Swiss National Bank (SNB)intervened in currency markets last week to temper the rising Swiss franc and keep the safe-haven currency from further taking a bite out of the country's export-dependent economy.

2:40pm GMT

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Heineken takes battle to AB InBev in Brazil with $1 billion Kirin deal

 

TOKYO/BRUSSELS Heineken NV , the world's second-largest brewer, agreed on Monday to buy the loss-making Brazilian breweries of Japan's Kirin Holdings Co Ltd , boosting its presence in the world's No. 3 beer market.

2:36pm GMT

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Rolls-Royce to post record loss on bribery fine, weak pound

 

LONDON British aero-engine maker Rolls-Royce is set to report a full-year loss of around 4 billion pounds on Tuesday, the biggest in its history, reflecting a fine for bribery and the collapse in the pound.

2:31pm GMT

Buyout firm Advent makes approach for Stada, rivalling Cinven - source

 

FRANKFURT Private equity firm Advent International has approached Stada , expressing in writing its interest in a takeover of the German generic drugmaker, a person familiar with the matter told Reuters on Monday.

2:19pm GMT

Stada says invites rival suitors Advent, Cinven to takeover talks

 

FRANKFURT German generic drugmaker Stada said it was holding talks about being taken over with rival suitors Advent International and Cinven Partners.

2:17pm GMT

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France's euro exit debate could hurt other ratings in bloc - DBRS

 

LONDON Ratings agency DBRS said on Monday that proposals from France's far-right presidential hopeful Marine Le Pen to negotiate a process for countries to leave the euro zone could have implications for France's rating and the bloc's other members.

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

Chinese takeover of Germany's Postbank unlikely - source

 

HONG KONG/FRANKFURT China's Dalian Wanda Group has informally approached Deutsche Bank about buying its Postbank business, but a deal is unlikely to materialise, a source familiar with the matter told Reuters.

1:47pm GMT

Polish central banker Kropiwnicki says jump in inflation not alarming

 

WARSAW There is no reason to raise an alarm when it comes to Polish inflation which accelerated to 1.8 percent year-on-year in January, central bank policy maker Jerzy Kropiwnicki said on Monday, adding the pick-up may be a one-off phenomenon.

1:26pm GMT

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Greece on track with programme but IMF too pessimistic - EU's Dombrovskis

 

FRANKFURT Greece is on track with the economic adjustment needed to secure the next tranche of its bailout but the International Monetary Fund is failing raise its overly pessimistic forecasts, the vice president of the European Commission said on Monday.

1:09pm GMT

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Fake receipts at Glencore warehouse unit triggered sector credit freeze, Qingdao shivers - sources

 

MELBOURNE Some global banks briefly froze credit lines for Singapore metal traders last month after a unit of commodities giant Glencore uncovered fake warehousing receipts, people familiar with the matter said, reviving the spectre of a $3 billion (2 billion pound) scandal that rocked the trading world three years ago.

12:59pm GMT

Chinese association bans some types of property investment in 16 cities

 

BEIJING China's asset management association has banned registration of private equity schemes for residential property investment in 16 cities where it says the market has overheated.

12:56pm GMT

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EU clears German plan for electric vehicle charging network

 

BRUSSELS The European Commission said on Monday it had approved German plans for an infrastructure network for charging electric vehicles across the country.

12:50pm GMT

Swedish bank SEB issues first green bond raising 500 million euros

 

LONDON Swedish banking group SEB issued its first green bond last week, raising 500 million euros (425 million pounds) for loans to low-carbon projects, it said on Monday.

12:46pm GMT

Germany to buy Norwegian missiles for $1.2 billion

 

OSLO Germany will buy naval-strike missiles from Norway's Kongsberg Gruppen for more than 10 billion crowns (1 billion pounds), the Norwegian Prime Minister said on Monday.

12:20pm GMT

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Citing Trump and Brexit, EU sees euro zone economy risk, sharp drop in UK growth

 

BRUSSELS The European Commission said on Monday that uncertainty about U.S. policies, Brexit and elections in Germany and France would take their toll on the euro zone economy this year.

12:19pm GMT

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Norway's economy developing as forecast - Prime minister

 

OSLO The Norwegian economy is developing in line with the government's forecasts, Prime Minister Erna Solberg told Reuters 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.

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Share on other sites

Hundreds of Uber drivers in Qatar go on strike after price cuts

 

DOHA Hundreds of drivers with ride-hailing service Uber [uBER.UL] in Qatar went on strike on Monday for the second time in a year to protest against fare cuts.

11:58am GMT

Norway banks rally around payments app to fend off foreign competition

 

OSLO More than 100 Norwegian banks will become co-owners of the Vipps electronic payments app in a bid to fend off competition from Nordic rivals and the likes of Facebook, Apple and Google, the banks said on Monday.

11:45am GMT

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ECB to allot 30 billion euros at its weekly tender - Reuters poll

 

The European Central Bank will allot 30.0 billion euros (25 billion pounds) to banks at its weekly refinancing operation, slightly more than the 29.6 billion euros maturing, a Reuters poll found on Monday.

11:33am GMT

UPM's talks with Uruguay continuing on new pulp plant, says President Vazquez

 

HELSINKI Talks between Uruguay's government and Finnish pulp and paper maker UPM on a new pulp plant project in the Latin American country are proceeding, Uruguay's president Tabare Vazquez said on Monday.

11:31am GMT

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Wizz Air set to fly from Frankfurt this summer - sources

 

BERLIN/FRANKFURT The operator of Frankfurt airport, Fraport , is stepping up its drive to attract more low-cost carriers, with budget carrier Wizz Air set to start flights from Germany's largest airport, sources said.

11:22am GMT

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Germany committed to Greece bailout programme - Merkel spokesman

 

BERLIN Germany is committed to making a success of Greece's bailout programme, a spokesman for Chancellor Angela Merkel said on Monday, when asked if Greece leaving the euro zone was an option.

11:18am GMT

Fund manager Hermes wants better governance for private infrastructure

 

LONDON British fund manager Hermes Investment Management on Monday called for improvements to the corporate governance code for private infrastructure assets, to ensure better outcomes for investors and other stakeholders.

11:00am GMT

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EU's Moscovici to go to Athens on Wed to help conclude reform review

 

BRUSSELS European Commissioner for Economic and Financial Affairs Pierre Moscovici said he would travel to Athens on Wednesday to help close a review of Greek reforms by euro zone lenders and in this way unblock further loans to the country.

10:41am GMT

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Tata Steel, Thyssenkrupp merger talks face extensive delays

 

(Refiles FEB 10 story to fix additional reporting credit, no change to text)

10:38am GMT

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EU Commission sees Italy's budget deficit on the rise

 

BRUSSELS Italy's structural budget deficit is on the rise, the European Commission forecast on Monday, moving in the opposite direction to that required under EU rules and likely putting Rome on a collision course with the EU's executive arm.

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 consumer spending growth slows to five-month low - Visa

 

LONDON British households kept a tighter grip on their credit cards last month as spending grew at one of the slowest annual rates of the past three years, data from Visa showed on Monday, adding to signs that consumer spending is starting to lose momentum.

10:03am GMT

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UK employers worry that EU workers will leave this year - survey

 

LONDON More than a quarter of employers in Britain say staff members from other European Union countries have considered leaving their firms or the country in 2017 after last year's Brexit vote, an industry group said on Monday.

9:51am GMT

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India's L&T, Europe's MBDA to form Indian missile venture

 

MUMBAI Indian engineering conglomerate Larsen & Toubro Ltd (L&T) and European missile maker MBDA on Monday said they have agreed to form a joint venture to build and supply missile systems for the India army.

9:44am GMT

EBRD discussing co-investments with Gulf sovereign funds

 

DUBAI The European Bank for Reconstruction and Development is in talks with Gulf sovereign wealth funds to invest jointly, and hopes to complete a round of fund-raising for such investments by the end of this year, the bank's president said on Monday.

9:36am GMT

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Exclusive - China's Sinochem in early talks to buy stake in Noble Group: sources

 

SINGAPORE/HONG KONG China's state-owned Sinochem is in early talks with Noble Group to buy an equity stake in the embattled trader, three sources familiar with the matter said, in a move that would help it gain access to the commodity trader's global supply chain.

9:33am GMT

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Osram CEO to have contract renewed for 5 years - source

 

FRANKFURT Olaf Berlien, chief executive of German lighting group Osram , is to have his contract renewed for five years, a source familiar with the matter told Reuters on Monday, confirming a report in Manager Magazin.

9:22am GMT

Lundin Petroleum to spin off assets from beyond Norway

 

OSLO Swedish oil firm Lundin Petroleum plans to spin off its assets from outside of Norway into a separately listed company and will distribute shares in the new firm to existing investors, it said on Monday.

9:10am GMT

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French finance minister says ECB never tries to manipulate euro rate

 

BERLIN The European Central Bank never tries to manipulate the euro exchange rate for trade or competitive policy reasons, French Finance Minister Michel Sapin said in an interview published on Monday, echoing other politicians rejection of U.S. claims.

8:42am GMT

Danish telecoms group 3 gets 'blackmail' threat over data breach

 

COPENHAGEN Danish telecoms company 3 said on Monday one or more hackers had stolen data from around 3,600 of its customers and attempted to get the company, owned by CK Hutchison Holdings Ltd and Investor AB, to pay "millions" to not publish it.

8:19am GMT

Kuwait says oil prices to rise with higher level of output deal compliance

 

KUWAIT Kuwaiti Oil Minister Essam al-Marzouq said on Monday current oil prices were good and are expected to rise with higher compliance to an output reduction deal agreed to by OPEC and non-OPEC producers.

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

Deutsche says working with Russian tax officials over standard ops

 

MOSCOW The Russian unit of Deutsche Bank said on Monday it was working with Russian tax authorities over standard operations it had conducted, following a RBC news report which said it could face over 10 billion roubles ($172 million) in extra profit tax charges.

7:59am GMT

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Population trends deliver boost for Japan's micro M&A boutiques

 

TOKYO Boutique advisers specialising in micro-M&A for mostly family-run firms are enjoying a boom in Japan, as an ageing, shrinking population brings in the boundaries on the country's small business landscape.

7:51am GMT

Fidessa says global revenue spread provides stability

 

British trading software provider Fidessa Group Plc said its international revenue spread provided stability amid uncertainty following Britain's vote to leave the European Union and the U.S. election.

7:48am GMT

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Exclusive - China mulls radical output cuts, port coal ban in war on smog: Document

 

BEIJING China is considering forcing steel and aluminium producers to cut more output, banning coal in one of the country's top ports and shutting some fertiliser and drug plants as Beijing intensifies its war on smog, a draft policy document shows.

7:46am GMT

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Drugmaker Ipsen to buy some products from Sanofi for 83 million euros

 

PARIS Drugmaker Ipsen has agreed to buy five consumer healthcare products from bigger French rival Sanofi for 83 million euros (70.56 million pounds) , in a deal which Ipsen said should boost its profits.

6:42am GMT

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U.S. Senate expected to confirm Mnuchin as Treasury secretary

 

WASHINGTON The U.S. Senate is expected to confirm former Goldman Sachs banker and Hollywood financier Steven Mnuchin as Treasury secretary on Monday, returning a Wall Street veteran to the top U.S. economic and financial job for the first time in eight years.

6:05am GMT

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Exclusive - China's top developers plan to invest more in land this year: Reuters survey

 

HONG KONG Chinese real estate developers surveyed by Reuters mostly plan to increase their land investments in 2017 as they shrug off record prices and government tightening measures while seeking to expand their market share.

6:02am GMT

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South Korea prosecution considering more arrest warrants for Samsung executives

 

SEOUL The South Korean special prosecutor's office said on Monday it will decide whether to seek arrest warrants for more Samsung Group [sAGR.UL] executives amid a widening influence-peddling scandal that could topple President Park Geun-hye.

5:57am GMT

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Trade stops in yuan-Singapore dollar after daily fixing mix-up - traders

 

SHANGHAI Currency dealers refrained from trading the Chinese yuan against the Singapore dollar on Monday morning due to an incorrect midpoint fix before the market opened.

5:14am GMT

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Saudi Aramco inks first ever crude oil contract with China's Huajin - sources

 

SINGAPORE State oil giant Saudi Aramco has signed a contract with Chinese refiner North Huajin Chemical Industries Group Corp (NORINCO) to supply crude in 2017, two sources with knowledge of the matter 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

 

 

 

 

Deutsche Bank has examined Trump’s accounts for Russia links

 

Deutsche Bank has reportedly been the only financial institution willing to lend Mr Trump significant sums of money

 

 

 

 

 

A 7-year-old girl asked Google for a job and got a reply from the CEO

 

 

 

 

 

 

 

 

 

 

Snapchat slashes valuation by billions ahead of stock market flotation

 

The price would still make put the float among could the largest technology offerings of the past decade

 

 

 

 

 

 

Britain's best and worst supermarkets have been named

 

 

 

 

 

 

Fares war to Tel Aviv as fourth airline adds flights from Luton

 

 

 

 

 

 

Pressure group turns to crowdfunding to stop companies funding hate

 

Stop Funding Hate aims to raise £50,000 – by Thursday morning it had already raised 5 per cent of that sum

 

 

 

 

 

 

 

 

EU worried it will be flooded by 'British champagne' after Brexit

 

Under current EU law, more than a thousand food and drink products have a 'geographical indication status' meaning that they can only be produced in officially labelled areas

 

 

 

 

 

 

RBS accused of fraud and 'systematic' forgery by former employee

 

Bank allegedly falsified letters and manipulated transcripts of phone calls with customers to cover up its own wrongdoing

 

 

 

 

 

 

 

 

Cobham shares plummet after another profit warning

 

The company said that its ability to make forecasts ‘is not as strong as it should be’

 

 

 

 

 

 

Austria's defence ministry to sue Airbus

 

The Austrian Press Agency said that the probe had found that Airbus had falsely inflated prices

 

 

 

 

 

Agent Provocateur could be heading for administration

 

 

 

 

 

Founder of Tinder reveals the clever marketing tricks he used

 

 

 

 

 

 

Businesses around the nation close for 'A Day Without Immigrants'

 

The strike is in retaliation to President Trump's anti-immigrant stance.

 

 

 

 

 

 

 

 

Puzder's withdrawal is a big victory for American workers

 

With Andrew Puzder out as the nominee for Secretary of Labor, here's why that's a good thing.

 

 

 

 

 

 

Firms 'named and shamed' for failing to pay national minimum wage

 

Across the UK, 360 companies underpaid their employees a total of £995,233

 

 

 

 

 

 

 

25 of the weirdest things you can buy on Amazon

 

Admit it, you know you want to get 'em.

 

 

 

 

 

Tata Steel workers accept pension reforms despite reduced benefits

 

 

 

 

 

Goldman shares hit ten-year high as Trump fills team with bankers

 

 

 

 

 

 

Brexit: UK start-ups are thinking about moving to Europe

 

Some UK start-ups have already firmly committed to moving their headquarters to Europe

 

 

 

 

 

 

 

British Hindus express disappointment over Bank of England £5 note

 

Last year, a number of Hindu temples banned the new £5 note after it emerged they contain the tallow

 

 

 

 

 

Global stocks hit a more than 20-month high

 

 

 

 

 

Investors unite against Trump's climate change denial

 

 

 

 

 

 

Bank of England announces notes will still contain animal fat

 

Vegans and vegetarians voiced outrage after the Bank of England confirmed last year that the new plastic fivers are made with tallow

 

 

 

 

 

 

 

 

Amazon's business rate to be cut

 

The first overhaul of business rates will see companies paying rates which have been calculated to take into account the rise in property prices since 2008

 

 

 

 

 

City of London business rates projected to increase by £1.4bn

 

 

 

 

 

Employment and wage growth slows down at end of 2016

 

 

 

 

 

 

George Soros buys new stake in Goldman Sachs

 

A number of asset managers bought into financial stocks during the final months of 2016 after Trump's surprise victory

 

 

 

 

 

 

 

EDF, Jaguar, UK tech: Business news in brief, Wednesday 15 February

 

Energy company sees earnings fall 29%; Tata Motors' profits plunge 97%; British entrepreneurs express fresh concerns over Brexit

 

 

 

 

 

 

 

 

Tax system 'favours multinationals over local shops, businesses say'

 

Institute of Directors also urged Government to match US President Donald Trump if he slashes corporation taxes to 15 per cent, as promised

 

 

 

 

 

 

 

The man who invented easyJet but couldn't sell easyPizza

 

The easyJet founder has reached a milestone, but what does the future spell for the easyGroup?

 

 

 

 

 

 

Dollar rallies on Fed chairwoman Janet Yellen’s rate comments

 

Speaking to the Senate Banking Committee on Tuesday, Ms Yellen said that quicker rates increases would be appropriate if the economy remains on track and key inflation and labour targets are met

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

Sell By? Use By? Grocery Industry Moves to Simplify Labels

 

By STEPHANIE STROM

 

 

To reduce needless waste and end confusion over differing language, two food industry trade groups and Walmart have agreed on only two basic labels.

 

 

 

 

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David Ryder/Bloomberg

 

 

The Upshot

 

While We’re Distracted by the Drama, the Economy Seems to Be Taking Off

 

By NEIL IRWIN

 

All the political news makes it easy to overlook a quieter development: more signals of significant economic momentum.

 

 

 

 

 

 

 

 

 

 

 

 

 

16DB-STOCK-thumbStandard.jpg

Investors Look Past Headlines as Bull Market Roars Ahead

 

By LANDON THOMAS Jr.

 

Many are choosing to ignore the chaos in Washington and instead are focusing on President Trump’s agenda of tax cuts and deregulation.

 

 

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Trump Laments, ‘I Inherited a Mess,’ as He Names New Labor Pick

 

By PETER BAKER 29 minutes ago

 

The president named R. Alexander Acosta for labor secretary, and then proceeded into a rambling set of remarks, attacking the news media and listing his administration’s accomplishments.

 

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Asian Conglomerates, Flush With Cash, Scour for U.S. Fund Deals

 

By ALEXANDRA STEVENSON

 

American investment firms offer new distribution networks, a better understanding of U.S. markets and access to wealthy investors.

 

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Snap Aims for Valuation of More Than $20 Billion in I.P.O.

 

By MICHAEL J. de la MERCED

 

A revised filing on Thursday highlighted the messaging company’s ambitions for its stock market debut.

 

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Trudeau, Praising the E.U., Doesn’t Mention ‘Brexit’ or Trump

 

By JAMES KANTER 1:16 PM ET

 

The Canadian leader, who spoke partly in French, celebrated the ratification of a trade deal between Canada and the European Union.

 

16BOEING1-thumbStandard.jpg

Boeing Workers Reject a Union in South Carolina

 

By NOAM SCHEIBER

 

Employees faced enormous pressure from management ahead of the vote, which was widely viewed as an early test of labor’s strength in the Trump era.

 

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A Bee Mogul Confronts the Crisis in His Field

 

By STEPHANIE STROM

 

Bret Adee, a beekeeper on an industrial scale, is central to American agriculture, and “colony collapse” has proved to be a severe test.

 

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Kushners Won’t Buy Miami Marlins if Seller Gets Ambassadorship

 

By MAGGIE HABERMAN 9:29 AM ET

 

The family of Jared Kushner, the president’s son-in-law and senior adviser, is not keen on the appearance of an ambassadorship-for-baseball-team swap.

 

Congressional Memo

 

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G.O.P.’s Grand Visions for Congress Now Look Like a Mirage

 

By JENNIFER STEINHAUER

 

Congressional Republicans eagerly anticipated securing their conservative agenda, but they have yet to deliver on any of the sweeping legislation they promised.

 

 

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Mick Mulvaney, Trump’s Pick for Budget Director, Is Confirmed

 

By ALAN RAPPEPORT 11:13 AM ET

 

Mr. Mulvaney, a congressman from South Carolina and a fiscal hawk, was approved on Thursday to head of the White House Office of Management and Budget.

 

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Fox News’s Harassment Payments Are Under Investigation, Lawyer Says

 

By EMILY STEEL and JOHN KOBLIN

 

The man suing the network for Andrea Tantaros said a federal inquiry may be examining whether it paid settlement claims in salaries to avoid reporting 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.

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Share on other sites

UK spending less on alcohol and tobacco

 

 

 

 

Families in the UK are spending less on cigarettes and alcohol, but more in restaurants, figures show.

 

  • 16 February 2017
  • From the section Business

 

 

Related content

 

 

 

 

 

 

 

 

Minister to meet Peugeot over car deal

 

The business secretary is to meet the French carmaker over its plans to buy Vauxhall, the BBC understands.

 

  • 16 February 2017
  • From the section Business

 

 

Related content

 

 

 

 

 

 

 

Live Business Live: FTSE falls as US markets wobble

 

The FTSE closes lower as Wall Street loses steam; Aslef rejects strike deal; Austria to sue Airbus.

 

 

 

 

 

 

Rail punctuality worst in 10 years

 

  • 16 February 2017
  • From the section UK

 

 

Aslef members reject Southern deal

 

  • 16 February 2017
  • From the section England
  • comments

 

 

Survey reveals supermarket satisfaction

 

  • 16 February 2017
  • From the section Business
  • comments

 

 

 

 

 

£900 coat maker Canada Goose to sell shares

 

  • 16 February 2017
  • From the section Business

 

 

Microsoft bumps up Surface prices in UK

 

  • 16 February 2017
  • From the section Technology
  • comments

 

 

Austria to sue Airbus over fighter deal

 

  • 16 February 2017
  • From the section Business

 

 

RBS accused of systemic forgery

 

  • 15 February 2017
  • From the section Business

 

 

Hundreds of firms fail on minimum wage

 

  • 15 February 2017
  • From the section Business

 

 

Banks 'fixed prices for SA rand'

 

  • 16 February 2017
  • From the section Africa

 

 

 

 

Also in the News

 

 

 

Girl, 7, gets letter from Google boss

 

 

 

 

 

Charging a phone in a cafe? Pay for it

 

  • 16 February 2017
  • From the section Europe

 

 

 

 

Features & Analysis

 

 

 

Cool, Iceland?!

 

Why the frozen food specialist is so popular

 

  • 16 February 2017
  • From the section Business

 

 

 

 

 

In focus

 

Why the Essilor-Luxottica merger matters

 

  • 16 February 2017
  • From the section Business

 

 

 

 

 

Clubbed to death

 

What's next for Norway after seal hunting?

 

  • 16 February 2017
  • From the section Business

 

 

 

 

 

 

 

Money makers

 

The family who farm guinea pigs for food

 

  • 15 February 2017
  • From the section Business

 

 

 

 

 

Keeping it fresh

 

How Tupperware's 1950s party model conquered the world

 

  • 15 February 2017
  • From the section Business

 

 

 

 

 

Spread the love

 

Trump win has more people looking for romance

 

  • 14 February 2017
  • From the section Business

 

 

 

 

 

 

Our Experts

 

Self-employment 'reduces tax take' as firms avoid responsibilities

 

The head of a review into new employment practices is calling for higher standards, as TUC says tax hit is up to £4bn a year.

14 February 2017

 

Kamal Ahmed Economics editor

Rolls Royce – The good, the bad and the ugly

 

On the face of it, the latest results couldn't be more ugly - but they're not as ugly as they look.

14 February 2017

 

Simon Jack Business editor

Toshiba: Why troubled Japanese firms survive

 

Why are so many Japanese firms in such a mess - and why don't they fail?

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

FTSE retreats from one-month peak, mid-cap index snaps winning streak

 

LONDON Britain's top share index retreated from a one-month high on Thursday, weighed down by a fall among oil firms and those trading ex-dividend, while mid-cap engineer Cobham slumped after results.

5:01pm GMT

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Snap lowers valuation expectations in highly awaited IPO

 

Snap Inc, owner of the popular messaging app Snapchat, set a lower-than-expected valuation range on Thursday, amid mounting investor concerns over its unproven business model, slowing growth and tight founder control.

7:30pm GMT

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Pro-Brexit economists urge UK to unilaterally scrap tariffs

 

LONDON Britain should be prepared to scrap all tariffs on imports unilaterally when it leaves the European Union to give consumers and the broader economy a boost, even if it hurts some businesses, economists who favour Brexit said on Thursday.

6:10pm GMT

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Austria sues Airbus over alleged Eurofighter fraud

 

VIENNA Austria sued Airbus and the Eurofighter consortium on Thursday, alleging wilful deception and fraud linked to a near 2 billion euro (£1.70 billion) jet order in 2003.

5:18pm GMT

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European parliament calls for robot law, rejects robot tax

 

FRANKFURT European lawmakers called on Thursday for EU-wide legislation to regulate the rise of robots, including an ethical framework for their development and deployment and the establishment of liability for the actions of robots including self-driving cars.

6:54pm GMT

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German minister backs Peugeot-Opel deal after GM assurances

 

LONDON/FRANKFURT Germany expects PSA Group's proposed acquisition of General Motors' Opel business to go ahead, a minister said on Thursday, after the U.S. carmaker sought to allay fears of large-scale plant closures.

7:28pm GMT

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Latest British 'family spending' data raises questions about true economic strength

 

LONDON British household spending barely rose in the year to the end of March 2016 and was around 5 percent below the level before the financial crisis, an official survey showed on Thursday, suggesting a much more muted picture than previous data.

12:14pm GMT

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ECB minutes suggest little appetite to curb stimulus

 

FRANKFURT European Central Bank policymakers called for a steady-hand approach at last month's rate meeting, the minutes of the gathering showed, suggesting little appetite for dialling back stimulus while Europe gears up for high-stakes elections.

6:43pm GMT

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Greece says 'not a euro more' in cuts as EU officials call for speedy deal

 

ATHENS/VIENNA European Union officials urged Greece and its lenders on Thursday to conclude a long-overdue bailout review quickly to safeguard economic recovery but Athens said it wouldn't ask "a euro more" from its austerity-wracked citizens.

4:29pm GMT

Germany's Stada says has received third takeover bid

 

BERLIN Germany's Stada said it has received a third takeover approach but cannot yet foresee whether one or more of the three potential bidders' offers will succeed.

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 minutes suggest little appetite to curb stimulus

 

FRANKFURT European Central Bank policymakers called for a steady-hand approach at last month's rate meeting, the minutes of the gathering showed, suggesting little appetite for dialling back stimulus while Europe gears up for high-stakes elections.

6:43pm GMT

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Letting countries leave euro zone would break ECB policy: Coeure

 

MAASTRICHT, The Netherlands Giving countries the option to leave the euro zone would make it impossible for the European Central Bank to reach all corners of the union with its monetary policy, ECB director Benoit Coeure said on Thursday

6:43pm GMT

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Pro-Brexit economists urge UK to unilaterally scrap tariffs

 

LONDON Britain should be prepared to scrap all tariffs on imports unilaterally when it leaves the European Union to give consumers and the broader economy a boost, even if it hurts some businesses, economists who favour Brexit said on Thursday.

6:10pm GMT

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Europe's steel industry adds Iranian imports to list of threats

 

LONDON Iranian steel imports have become the latest threat to European steelmakers, their trade group said on Thursday, after imports from Iran rose by nearly eight times between 2013 and 2016.

5:56pm GMT

French winter sports groups head to China for ski resort deals

 

Two French ski companies announced deals on Thursday with Chinese firms to help to develop ski resorts in China, where winter sports are becoming popular ahead of the 2022 Winter Olympics in Beijing.

5:54pm GMT

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Not every failing bank should be seen as systemic - ECB's Coeure

 

MAASTRICHT, The Netherlands Not every failing bank in the euro zone should be regarded as systemic, a European Central Bank policy-maker said on Thursday.

5:43pm GMT

Siemens to separate Mechanical Drives business

 

FRANKFURT Siemens is splitting off its $2 billion (£ 1.60 billion) Mechanical Drives unit, classified in past years as an underperforming business, as a standalone company better able to serve its customer base of small businesses.

5:39pm GMT

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Top AstraZeneca shareholder Woodford adds to stake, bullish on outlook

 

LONDON Top AstraZeneca shareholder Woodford Investment Management said on Wednesday it had added to its stake in the pharmaceutical firm and was confident in its growth outlook.

5:38pm GMT

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New Nestle CEO ditches elusive sales target

 

VEVEY, Switzerland Nestle's new chief executive scrapped the food company's long-standing sales target as it reported disappointing annual results on Thursday, echoing rivals by striking a cautious tone in an uncertain environment.

5:33pm GMT

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German economy minister says expects PSA/Opel deal to go through

 

BERLIN German Economy Minister Brigitte Zypries said on Thursday she expected a deal between France's PSA Group and the Opel unit of General Motors , and that German officials had held talks with senior managers in the two companies.

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

Austria sues Airbus over alleged Eurofighter fraud

 

VIENNA Austria sued Airbus and the Eurofighter consortium on Thursday, alleging wilful deception and fraud linked to a near 2 billion euro (£1.70 billion) jet order in 2003.

5:18pm GMT

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Schaeuble defends himself, regulator over banks dividend scandal

 

BERLIN German Finance Minister Wolfgang Schaeuble dismissed criticism on Thursday that he waited too long to ban a practice that let two parties claim ownership of the same shares and cost the state billions of euros in tax.

5:15pm GMT

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European shares retreat after seven sessions of gains, Cobham plunges

 

LONDON European equities fell on Thursday after seven straight sessions of gains, with weaker metal prices weighing on miners and a poor update battering shares in engineering group Cobham .

5:11pm GMT

Norway proposes new mix and spending cap for $900 billion oil fund

 

OSLO Norway's $900-billion (£721 billion) sovereign wealth fund, the world's largest, should shift more of its investments into equities and away from bonds to counter the effects of ultra-low interest rates, the government said on Thursday.

5:10pm GMT

Norway still risks becoming too dependent on oil money - central bank

 

OSLO Norway runs the risk of becoming too dependent on money from its $900 billion (£721 billion) sovereign wealth fund even though the government on Thursday recommended a tightening of spending, the central bank governor said.

5:10pm GMT

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FTSE retreats from one-month peak, mid-cap index snaps winning streak

 

LONDON Britain's top share index retreated from a one-month high on Thursday, weighed down by a fall among oil firms and those trading ex-dividend, while mid-cap engineer Cobham slumped after results.

5:01pm GMT

Technically, Britain could be waving goodbye to positive bond yields

 

LONDON Investors may soon be paying for the privilege of lending to the British government for as long as ten years, according to a form of technical analysis known as Elliot Wave.

4:56pm GMT

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Air France-KLM gets lift from profit jump, growth plans

 

BERLIN/PARIS A "resilient" start to 2017 from Air France-KLM and a better than expected operating profit lifted shares in the airline to their highest level since July on Thursday.

4:49pm GMT

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Oil down 1 percent despite news OPEC could extend output cut

 

NEW YORK Oil prices reversed gains to trade nearly 1 percent lower on Thursday but continued to hold in a tight range as the market weighed swelling U.S. inventories against possible renewed efforts by major oil producers to reduce a price-sapping glut.

4:39pm GMT

Fertilizer maker CF Industries cheers possible U.S. border tax

 

U.S.-based CF Industries Holdings Inc , the third-largest global nitrogen fertilizer producer, would welcome a U.S. border tax on imports, as it would mirror conditions the company already faces selling into other markets, Chief Executive Tony Will said on Thursday.

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

U.S. housing starts fall; building permits hit one-year high

 

WASHINGTON U.S. homebuilding fell in January as the construction of multi-family housing projects dropped, but upward revisions to the prior month's data and a jump in permits to a one-year high suggested the housing recovery remained on track.

4:31pm GMT

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Greece says 'not a euro more' in cuts as EU officials call for speedy deal

 

ATHENS/VIENNA European Union officials urged Greece and its lenders on Thursday to conclude a long-overdue bailout review quickly to safeguard economic recovery but Athens said it wouldn't ask "a euro more" from its austerity-wracked citizens.

4:29pm GMT

Greece can return to markets in 2018 - ESM head Regling

 

MUNICH, Germany Greece will be able to return to financial markets in the summer of 2018 and can end its bailout programme if it implements reforms demanded by its international lenders, the head of the euro zone bailout fund said on Thursday.

4:26pm GMT

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Tata Steel says has work to do to progress Thyssenkrupp merger

 

DUESSELDORF, Germany Tata Steel still has work to do before it can make progress on European steel merger talks with Thyssenkrupp , its Europe chief said on Thursday.

4:25pm GMT

Fidelity puts British boardroom paymasters on notice

 

LONDON Fidelity International, one of the biggest investors in British companies, has proposed making powerful remuneration committee heads more accountable to shareholders.

4:24pm GMT

Ukraine faces energy crisis after blockade cuts off coal supply

 

KIEV Ukrainian authorities vowed on Thursday to restore coal supply from the separatist-held Donbass and warned that a blockade by activists could deprive millions of heating and electricity, harm the steel industry and cost the country some $2 billion.

4:20pm GMT

German air force blames hydraulic leak for Airbus A400M breakdown

 

BONN, Germany An oil leak that grounded an Airbus A400M during German Defence Minister Ursula von der Leyen's first business trip with the military transport plane stemmed from a hydraulic connector for a propeller blade in one of its engines, the air force said.

4:01pm GMT

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Swiss banks face withdrawals due to tax clampdown

 

ZURICH Wealthy clients in 2016 pulled out almost $30 billion (£24 billion) of untaxed assets from three of the world's biggest private banks, UBS , Credit Suisse and Julius Baer , taking advantage of government programmes letting them pay tax on undeclared money.

3:57pm GMT

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Exclusive - Big U.S. banks to push for easing of money laundering rules

 

WASHINGTON/NEW YORK America's largest banks are to propose a complete overhaul of how financial institutions investigate and report potential criminal activity, arguing that rules imposed in the years after the Sept. 11, 2001 attacks and strengthened during the Obama administration are onerous and ineffective, sources said.

3:51pm GMT

German conservative euro-MP breaks ranks over IMF role in Greek bailout

 

BERLIN IMF participation is no longer crucial for Greece's bailout programme, a German euro-lawmaker close to Chancellor Angela Merkel said on Thursday, breaking ranks with Berlin's official line that the programme would end if the Fund pulled out.

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

Greece says any bailout deal with lenders must not burden Greeks further

 

ATHENS Any deal between Greece and its lenders concluding its bailout review should not impose additional austerity on the public, government spokesman Dimitris Tzanakopoulos said on Thursday.

3:47pm GMT

ESM head urges Greece to implement agreed reforms with determination

 

BERLIN Greece must implement with determination the reforms agreed with its international lenders if Athens wants to regain the trust of private investors, the head of the euro zone bailout fund said on Thursday.

3:47pm GMT

Pharma group Shire produces top-of-the-range earnings

 

LONDON Pharmaceuticals group Shire on Thursday said it was extremely optimistic about long-term growth after reporting a 12 percent rise in earnings for the past year in which it made its largest ever acquisition.

3:37pm GMT

LPC - Banks get set to launch €1.1 billion Cerba buyout financing

 

LONDON Banks are preparing to syndicate a €1.1bn (£0.93 billion) leveraged loan and high-yield bond financing backing a buyout of European medical laboratory services operator Cerba, banking sources said on Thursday.

3:32pm GMT

Hedge fund TCI says has support in battle against Safran-Zodiac deal

 

PARIS Hedge fund operator TCI Fund Management said on Thursday it had the support of several other investment firms in its protest against aero engines maker Safran's agreed bid for seats manufacturer Zodiac Aerospace .

3:30pm GMT

JPMorgan, DRW, others back fintech company OpenFin

 

NEW YORK Financial services software developer OpenFin has raised $15 million (£12 million) in a funding round that included JPMorgan Chase & Co and the venture capital arms of high-speed trading firm DRW Trading Group and interdealer broker NEX Group Plc , the company said on Thursday.

3:16pm GMT

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EU's Moscovici wants euro zone budget, finance minister, treasury

 

VIENNA The European Commission's top financial official called on Thursday for deeper integration in the euro zone, dismissing fears that a move in that direction would split the European Union as it reels from Britain walking away.

3:13pm GMT

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Deutsche Boerse CEO denies insider trading allegations

 

FRANKFURT The head of Deutsche Boerse said insider trading allegations against him were unfounded, pointing out that he did not determine the timing of his share purchases ahead of the announcement of merger plans with the London Stock Exchange (LSE) .

2:49pm GMT

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UK engineer Cobham plunges on another profit warning

 

LONDON British engineer Cobham said it would have to take drastic action to turn around its fortunes after cutting its profit forecast for the fifth time in 15 months and warning 2017 could get even worse, wiping as much as a fifth off its market value.

2:37pm GMT

Milan mayor sees EU picking new home for drugs agency by June

 

MILAN The European Union is likely to select a new home for the bloc's London-based medicines regulator by June, according to the mayor of Milan, one of several cities vying to host the organisation after Brexit.

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

Wizz Air to open base at London Luton in drive for growth

 

LONDON/BERLIN Budget airline Wizz Air will open a new British base at London Luton, seeking to drive growth in routes between Britain and eastern Europe and improve efficiency, it said on Thursday.

1:57pm GMT

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China relaxes trading rules on stock index futures

 

SHANGHAI/BEIJING China's securities regulator said late on Thursday it will relax certain rules on stock index futures trading as the government starts to gradually unwind restrictions imposed during the 2015 stock market crash.

1:49pm GMT

Decline of UK's Rough storage site to raise gas import costs

 

LONDON The decline of Britain's biggest gas storage site and the lack of new-build to replace it will increase dependency on imports over the next few years, boosting wholesale market volatility and consumer gas prices.

1:37pm GMT

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Lenovo targets profitable mobile division by year-end after third-quarter earnings drop

 

HONG KONG The mobile division of China's Lenovo Group Ltd is "on track" to return to profit by December at the earliest helped by strong growth in overseas markets, its chairman said on Thursday after the firm posted a 67 percent drop in quarterly earnings.

1:34pm GMT

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Tesco tests waters in Pakistan with Alpha Supermarkets tie-up

 

ISLAMABAD Britain's biggest retailer Tesco will stock its products at a Pakistani supermarket chain, a Tesco official said on Thursday, dipping its toes in a country of nearly 200 million with rising consumer spending and a growing middle class.

1:11pm GMT

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Exclusive - OPEC could extend or deepen supply cut if oil glut persists: sources

 

RIYADH OPEC could extend its oil supply-reduction pact with non-members or even apply deeper cuts from July if global crude inventories fail to drop to a targeted level, OPEC sources said.

1:10pm GMT

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Italian parliament approves government bank rescue fund

 

ROME Italy's parliament approved on Thursday a government plan to create a 20 billion euro (17 billion pound) fund to support the country's troubled banks, including Monte dei Paschi di Siena .

1:02pm GMT

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Container shipping lines sign up with Alibaba to offer online booking

 

SHANGHAI Two container shipping lines, France's CMA CGM and Israel's Zim, have signed up with Alibaba to allow customers to book space on their vessels through the Chinese e-commerce giant, in a bid to boost sales as the sector battles a severe downturn.

1:00pm GMT

Lancashire says well placed to tackle challenging year ahead

 

Lancashire Holdings said on Thursday it was well placed to tackle a challenging year ahead, after the insurer reported better-than-expected 2016 profit despite a tough underwriting environment.

12:57pm GMT

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Intesa in talks with 14 banks to syndicate Rosneft deal loan - executive

 

MILAN Italian bank Intesa Sanpaolo is talking to 14 banks to syndicate a 5.2 billion euro loan it provided to fund the purchase of a 19.5 percent stake in Russian energy giant Rosneft by Glencore and Qatar's sovereign wealth fund, the head of Intesa's operations in Russia 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.

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Share on other sites

Kraft Heinz drops Unilever takeover bid

 

 

 

 

Kraft Heinz "amicably" agrees to withdraw plans to buy Anglo-Dutch giant Unilever

 

  • 19 February 2017
  • From the section Business

 

 

Related content

 

 

 

 

 

 

 

 

Business rates 'need fundamental reform'

 

The head of Sainsbury's says the system is "archaic", amid a row over England's latest revaluation.

 

  • 19 February 2017
  • From the section Business

 

 

Related content

 

 

 

 

 

 

 

SpaceX launch successful on second try

 

The US rocket company sends a cargo ship to resupply the International Space Station.

 

 

 

Related content

 

 

 

 

 

May agrees to Vauxhall deal meeting

 

  • 18 February 2017
  • From the section UK

 

 

UK proposes RBS drops bank unit sale

 

  • 17 February 2017
  • From the section Business

 

 

Retail sales fall unexpectedly in UK

 

  • 17 February 2017
  • From the section Business
  • comments

 

 

 

 

 

UK 'should produce more of its own food'

 

  • 17 February 2017
  • From the section Business

 

 

Estate agents see bumper pay rises

 

  • 17 February 2017
  • From the section Business

 

 

Business rates revolt gathers pace

 

  • 17 February 2017
  • From the section Business
  • comments

 

 

Tui fined 48 times for breach of code

 

  • 17 February 2017
  • From the section Business

 

 

Facebook chief in global call to action

 

  • 16 February 2017
  • From the section Business
  • comments

 

 

Argos fails to pay National Living Wage

 

  • 17 February 2017
  • From the section Business

 

 

 

 

Also in the News

 

 

 

German parents told to destroy 'spy' dolls

 

  • 17 February 2017
  • From the section Europe

 

 

 

 

Girl, 7, gets letter from Google boss

 

 

 

 

 

Features & Analysis

 

 

 

'Paralysed by grief'

 

How much time off should firms give staff who've lost a loved one?

 

  • 18 February 2017
  • From the section Business

 

 

 

 

 

Rates row

 

Are there more winners than losers on business rates?

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

 

 

 

 

Meet the 31-year-old pilot who has become an Instagram sensation

 

Nobody knows travel better than a pilot.

 

 

 

 

 

Tax-planning tips for same-sex couples

 

 

 

 

 

 

 

 

 

 

Industry pressures lead to speculation on magazine M&A

 

A number of magazines reportedly are on the block or are attracting interest, including Us Weekly, Time, Playboy and The Hollywood Reporter

 

 

 

 

 

 

AstraZeneca, RBS, Allianz: Business news in brief, Saturday 18 Feb

 

 

 

 

 

 

Five surprising facts you may not know about Deliveroo

 

 

 

 

 

 

London Fashion Week highlights the industry’s Brexit problem

 

‘You go into those London factories and 70 per cent or more will be EU nationals’, Adam Mansell of trade body, the UK Fashion and Textile Association

 

 

 

 

 

 

 

 

Man 'tries to blow up supermarkets to make money in stock market'

 

Mark Charles Barnett allegedly tried to send retailer Target's shares into free fall by setting off homemade explosives in several of the company’s outlets

 

 

 

 

 

 

The case for just getting rid of business rates

 

Abolishing rates would rebalance our property-obsessed economy, yield far more revenue, be fairer and generally more rational and better understood

 

 

 

 

 

 

 

 

Plastics industry 'pressured UK Government to cut recycling targets'

 

Plastic industry's leading trade body piled pressure on Defra ahead of decision which sent thousands of tonnes to be burned, buried or dumped

 

 

 

 

 

 

What are business rates? And why are people so angry about them?

 

How does the system work? And are the complaints from retailers, MPs and newspapers really justified?

 

 

 

 

 

Unilever rejects Kraft Heinz takeover bid

 

 

 

 

 

Morrisons warns only half the food eaten in UK comes from UK

 

 

 

 

 

 

Thomas Cook steps in as latest BA cabin crew strike begins

 

Airline’s ‘Mixed Fleet’ staff warned of sanctions including loss of travel perks and bonuses

 

 

 

 

 

 

 

 

Paris won't replace London because French 'less financially minded'

 

But they make good cooks and entrepreneurs, Dominique Senequier, boss off $60bn Paris-based fund Ardian

 

 

 

 

 

 

Record numbers of tourists visited UK in 2016

 

The US is Britain’s most valuable tourism source market, with 4.3 million visits recorded in 2016, up 7 per cent on the previous year

 

 

 

 

 

 

 

Toshiba shares hammered after credit rating warning

 

Toshiba owns a 60 per cent stake in NuGen, the group tasked with building a multibillion-pound nuclear power project in Cumbria

 

 

 

 

 

Retail sales fall again in January as inflation bites

 

 

 

 

 

Time running out to spend old coins, government warns

 

 

 

 

 

 

Samsung top executive arrested for bribery and embezzlement

 

South Korean President Park Geun-hye has already been impeached amid allegations of multimillion dollar payments to aides in exchange for political influence

 

 

 

 

 

 

 

McDonald's outlets across the US close for 'Day Without Immigrants'

 

The protest, for which support was largely drummed online, urged foreign-born workers to refuse to participate in the US economy for a day

 

 

 

 

 

Incomes, money laundering, Laura Ashley: Business news in brief

 

 

 

 

 

Small businesses face being ‘driven out of London’

 

 

 

 

 

 

Mark Zuckerberg urges people to act against backlash to globalisation

 

Facebook founder urges people to build new social networks in response to populist movements

 

 

 

 

 

 

 

 

Chief executives to earn 400 times the average worker by 2037

 

If FTSE 100 chief executive pay continues to increase at the same rate for the next 20 years as it has for the last two decades

 

 

 

 

 

Argos fined £1.5m for paying less than the minimum wage

 

 

 

 

 

Founder of Tinder reveals the clever marketing tricks he used

 

 

 

 

 

 

Deutsche Bank has examined Trump’s accounts for Russia links

 

Deutsche Bank has reportedly been the only financial institution willing to lend Mr Trump significant sums of money

 

 

 

 

 

 

 

General Motors 'reassures' Greg Clarke over 4,500 Vauxhall jobs

 

GM would not confirm that plants would remain open, stating only that it aimed to 'put the business and the operations in the strongest possible position for the future'

 

 

 

 

 

 

 

 

Businesses around the nation close for 'A Day Without Immigrants'

 

The strike is in retaliation to President Trump's anti-immigrant stance.

 

 

 

 

 

 

 

EU worried it will be flooded by 'British champagne' after Brexit

 

Under current EU law, more than a thousand food and drink products have a 'geographical indication status' meaning that they can only be produced in officially labelled areas

 

 

 

 

 

 

RBS accused of fraud and 'systematic' forgery by former employee

 

Bank allegedly falsified letters and manipulated transcripts of phone calls with customers to cover up its own wrongdoing

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

 

 

 

TalkTalk [problem] victims say it’s time for answers

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

Once Again, the Estate Tax May Die

 

By BRIAN J. O’CONNOR

 

 

It has been a political issue for years. Now, President Trump wants to eliminate it, a move that would benefit the wealthy.

 

 

 

George M. Gutierrez for The New York Times

 

 

Kraft Heinz Withdraws $143 Billion Offer to Merge With Unilever

 

By CHAD BRAY 59 minutes ago

 

The American packaged food giant said on Friday that it had offered to acquire Unilever, but Unilever quickly rejected the deal.

 

 

 

 

 

 

 

 

 

 

Texas Oil Fields Rebound From Price Lull, but Jobs Are Left Behind

 

By CLIFFORD KRAUSS 12:35 PM ET

 

The industry is embracing technology and finding new ways to pare the labor force. But as jobs go away, what of presidential promises to bring them back?

 

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Colorado Aims to Expand a Main Artery, but Beleaguered Neighbors Balk

 

By JULIE TURKEWITZ 1:01 PM ET

 

With Denver booming, the state wants to shore up road infrastructure, but it means a repeat of hardship for the communities living near the highway.

 

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Republicans Agree on Cutting Taxes, but Not on How to Do It

 

By PATRICIA COHEN

 

Republicans control the White House and Congress, and remain united in their desire to change the tax code. But they are far from united in how to achieve that goal.

 

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Tips for Whittling Down Your Tax Bill

 

By JAN M. ROSEN

 

You’re obligated to pay what you owe in taxes but no more. Tips from the pros might help to pare back your bill.

 

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How a Tax Code Overhaul May Affect You

 

By CHARLES DELAFUENTE

 

President Trump and Republicans in Congress have called for an overhaul. Here are some important shifts that could be coming.

 

Essay

 

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Tax Advice From Lawmakers Turned Lawbreakers

 

By JOHN SCHWARTZ

 

The politicians who not only write laws but also break them know the ins and outs of the tax system. Why not study their examples for a little smart advice?

 

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A Bee Mogul Confronts the Crisis in His Field

 

By STEPHANIE STROM

 

Beekeeping on an industrial scale is central to American agriculture, and “colony collapse” has proved to be a severe test.

 

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The Murky Future of Nuclear Power in the United States

 

By DIANE CARDWELL

 

A nuclear renaissance fizzles as costs soar, green energy makes gains and regulatory pain rises.

 

The Upshot

 

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Why Trump’s 2-for-1 Rule on Regulations Is No Quick Fix

 

By ROBERT J. SHILLER

 

President Trump has ordered that for every new regulation imposed, two old ones must go. It’s an intriguing idea but a misguided one.

 

 

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Trump’s Dual Roles Collide With Openings in Dubai and Vancouver

 

By BEN HUBBARD, ERIC LIPTON, DAN LEVIN and RICHARD C. PADDOCK

 

Two new developments highlight the complications created when the president of the United States owns a sprawling real estate company.

 

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Greeks Turn to the Black Market as Another Bailout Showdown Looms

 

By LIZ ALDERMAN

 

With taxes rising, many Greeks are closing their books but, as they join a shadow economy, not their businesses.

 

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Samsung Heir’s Arrest in South Korea Intensifies Calls for Cleanup

 

By PAUL MOZUR and CHOE SANG-HUN

 

South Korea grows tired of the power of its biggest companies, but critics worry that the tight links between business and politics will survive.

 

18DB-BRAZILDEAL2-thumbStandard.jpg

The ‘Warren Buffett of Brazil’ Behind the Offer for Unilever

 

By LIZ MOYER

 

Jorge Paulo Lemann’s company, 3G Capital, has a record of making deals in food and beverage, some with Berkshire Hathaway, the conglomerate led by Warren E. Buffett.

 

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Trump’s Inroads in Union Ranks Have Labor Leaders Scrambling

 

By NOAM SCHEIBER, MAGGIE HABERMAN and GLENN THRUSH

 

Many unions have interests aligned with the president’s and are adapting his themes to their objectives, even while denouncing much of his agenda.

 

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With No Frills and No Commissions, Robinhood App Takes On Big Brokerages

 

By JANET MORRISSEY

 

The company’s founders say their format opens up investing to more people, although some say its business model may not be ideal.

 

18cayla_xp-thumbStandard.jpg

The Bright-Eyed Talking Doll That Just Might Be a Spy

 

By KIMIKO de FREYTAS-TAMURA

 

Germany has moved to pull the doll, Cayla, off shelves because of an insecure Bluetooth connection that hackers could use to eavesdrop on children who play with it.

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

 

 

 

 

America should follow Sweden's lead to make its economy great

 

Forbes thinks Sweden is the world's best place for doing business, and its economy is flying

 

 

 

 

 

Woman appointed as first female head of Saudi Arabia's stock exchange

 

 

 

 

 

 

 

 

 

 

Labour turns up heat on Greg Clark over Vauxhall jobs

 

There have been fears that of the sale of GM's loss-making European operations goes through Peugeot-PSA may cut jobs in the UK, where 4,500 workers are employed at Ellesmere Port and Luton

 

 

 

 

 

 

RBS leaves the EU in a familiar bind

 

 

 

 

 

 

Why we might have to nationalise the British car industry post-Brexit

 

 

 

 

 

 

Russia overtakes Saudi Arabia as world's largest crude oil producer

 

Saudis lose top spot for 1st time since March

 

 

 

 

 

 

 

 

Woman finds £5 note worth £50,000 and gives it to children's charities

 

Now just one of the notes engraved with a tiny Jane Austen portrait remains in circulation

 

 

 

 

 

 

Chinese companies rush to secure Ivanka Trump's name for products

 

At least 65 companies, ranging from alcohol retailers to wallpaper companies, have applied to use the name ‘Ivanka’ as their trademark, According to the South China Morning Post

 

 

 

 

 

 

 

 

Manufacturing price pressures increase again in February

 

The balance of respondents to the CBI survey expecting prices to be higher in three months hit 32 per cent, the highest since April 2011

 

 

 

 

 

 

Unilever is safe from Kraft for now, but this isn't over

 

CEO Paul Polman will be under pressure to cut costs and jobs, and if he doesn’t, the American company will be back

 

 

 

 

 

Vauxhall’s pensions problem and why employees should be afraid

 

 

 

 

 

Woman dismissed from job 'for being too good looking'

 

 

 

 

 

 

One in four UK families have less than £95 in savings, research finds

 

The savings gap between low and high income families has increased 25 per cent year-on-year, from £50,072 to £62,790

 

 

 

 

 

 

 

 

More than 100 employees sacked after 'Day Without Immigration' protest

 

The Day Without Immigrants protest shut down businesses across the US last week, but it didn’t come without consequences for employees who decided to take part in the demonstrations

 

 

 

 

 

 

Unilever shares fall sharply after Kraft Heinz drops bid

 

Unilever shares fell more than 6 per cent on Monday having soared more than 13 per cent on Friday after Kraft confirmed that it had made a bid

 

 

 

 

 

 

 

City of London calls on Chancellor to deliver stable Brexit

 

​TheCityUK said the industry needed a deal which maintained the maximum amount of access to EU markets

 

 

 

 

 

Uber launches ‘urgent investigation’ after sexual harassment claims

 

 

 

 

 

Unilever rejects Kraft Heinz takeover bid

 

 

 

 

 

 

Amazon announces plans to expands UK workforce by 5,000

 

Staff in seasonal positions will be encouraged into permanent ones, taking total UK workforce to more than 24,000

 

 

 

 

 

 

 

Meet the 31-year-old pilot who has become an Instagram sensation

 

Nobody knows travel better than a pilot.

 

 

 

 

 

Tax-planning tips for same-sex couples

 

 

 

 

 

Why the iPhone 8 stands a good chance of silencing Apple's critics

 

 

 

 

 

 

Amazon could be developing its own pay TV channel

 

The move would be a way to capitalise on Amazon's growing portfolio of premium content, but it's not necessarily a slam dunk

 

 

 

 

 

 

 

 

These will be the 32 most powerful economies in the world by 2050

 

By 2050, the world is likely to have changed drastically from what we know now, and the planet's economic and financial landscape will be no exception.

 

 

 

 

 

Industry pressures lead to speculation on magazine M&A

 

 

 

 

 

AstraZeneca, RBS, Allianz: Business news in brief, Saturday 18 Feb

 

 

 

 

 

 

Five surprising facts you may not know about Deliveroo

 

Founder Will Shu personally made the first delivery back in February 2013

 

 

 

 

 

 

 

London Fashion Week highlights the industry’s Brexit problem

 

‘You go into those London factories and 70 per cent or more will be EU nationals’, Adam Mansell of trade body, the UK Fashion and Textile Association

 

 

 

 

 

 

 

 

Morrisons warns only half the food eaten in UK comes from UK

 

The supermarket will invite foodmakers to pitch for their place in supermarkets via a series of 12 regional events

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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Texas Oil Fields Rebound From Price Lull, but Jobs Are Left Behind

 

By CLIFFORD KRAUSS

 

 

The industry is embracing technology, and finding new ways to pare the labor force. But as jobs go away, what of presidential promises to bring them back?

 

 

 

OILJOBS-SS-slide-9P9M-sfSpan.jpg

Ilana Panich-Linsman for The New York Times

 

Pioneer Natural Resources’ control room in Midland, Tex., where operators manage drilling sites.

 

 

 

 

 

 

 

 

 

 

 

21FACEBOOK1-thumbStandard.jpg

WhatsApp’s New Feature Continues Facebook’s Snapchat Mimicry

 

By MIKE ISAAC 12:00 PM ET

 

With Facebook and some of its top apps trying to tap into popular features pioneered by Snapchat, WhatsApp unveiled a version of its Status feature that focuses on sharing images.

 

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Eurozone Agrees to Greece Talks in Exchange for Bailout Payments

 

By JAMES KANTER and NIKI KITSANTONIS 2:03 PM ET

 

The agreement falls short of an all-encompassing deal, but is a positive sign ahead of a meeting this week between Germany and the International Monetary Fund.

 

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Kraft Heinz Withdraws $143 Billion Offer to Merge With Unilever

 

By MICHAEL J. de la MERCED and CHAD BRAY

 

Less than 48 hours after Kraft Heinz said it had offered to acquire Unilever, the company, facing a public and possibly costly fight, decided to walk away.

 

18Greece1-thumbStandard.jpg

Greeks Turn to the Black Market as Another Bailout Showdown Looms

 

By LIZ ALDERMAN

 

With taxes rising, many Greeks are closing their books but, as they join a shadow economy, not their businesses.

 

20VOID1-thumbStandard.jpg

With New Invention, Virtual Reality’s Potential for Magic Gets Real

 

By BROOKS BARNES

 

The Void, a Utah-based start-up, bets that by making V.R. both social and spontaneous, it can draw throngs and make a mint. Some big names are taking notice.

 

20uber-1-thumbStandard.jpg

Uber Investigating Sexual Harassment Claims by Ex-Employee

 

By MIKE ISAAC

 

The employee, who left Uber in December, wrote on her blog that she had been harassed by her supervisor and that her complaints were ignored.

 

Federal Agency Begins Inquiry Into Auto Lenders’ Use of GPS Tracking

 

By MICHAEL CORKERY and JESSICA SILVER-GREENBERG

 

Regulators are investigating whether the devices unfairly violate a borrower’s’ privacy.

 

Advertising

 

20adco-thumbStandard.jpg

PewDiePie Dust-Up Shows Risks Brands Take to Tap Into Social Media

 

By SAPNA MAHESHWARI

 

Online stars, called influencers, can connect businesses to coveted audiences, but they can also bring companies closer to topics they’d rather not broach.

 

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Hear This: Class Pay Gap in Britain Shows Snobbery Persists

 

By STEVEN ERLANGER

 

It’s not just accents — a government report says a pay disparity makes clear the nation’s elitism.

 

E.U. Revisits Greek Crisis, and the Fed Releases Meeting Details

 

By THE NEW YORK TIMES

 

No deal on the latest stage of a bailout is expected in Brussels. Minutes from the Federal Reserve’s first 2017 meeting could offer clues to its next move on interest rates.

 

19buzz-ss-slide-S313-thumbStandard.jpg

A Bee Mogul Confronts the Crisis in His Field

 

By STEPHANIE STROM

 

Beekeeping on an industrial scale is central to American agriculture, and “colony collapse” has proved to be a severe test.

 

19ESTATE2-thumbStandard.jpg

Once Again, the Estate Tax May Die

 

By BRIAN J. O’CONNOR

 

It has been a political issue for years. Now, President Trump wants to eliminate it, a move that would benefit the wealthy.

 

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Republicans Agree on Cutting Taxes, but Not on How to Do It

 

By PATRICIA COHEN

 

Republicans control the White House and Congress, and remain united in their desire to change the tax code. But they are far from united in how to achieve that goal.

 

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How a Tax Code Overhaul May Affect You

 

By CHARLES DELAFUENTE

 

President Trump and Republicans in Congress have called for an overhaul. Here are some important shifts that could be coming.

 

19NUKE1-thumbStandard.jpg

The Murky Future of Nuclear Power in the United States

 

By DIANE CARDWELL

 

A nuclear renaissance fizzles as costs soar, green energy makes gains and regulatory pain rises.

 

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Trump’s Dual Roles Collide With Openings in Dubai and Vancouver

 

By BEN HUBBARD, ERIC LIPTON, DAN LEVIN and RICHARD C. PADDOCK

 

Two new developments highlight the complications created when the president of the United States owns a sprawling real estate company.

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

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