Newsroom

Sony to enter real estate business - Nikkei

Reuters UK Business News - 4 hours 22 min ago
(Reuters) - Sony Corp will branch out into the real-estate business in August and plans to take the unit public in three years, the Nikkei reported without citing a source.






Goldman, JPMorgan seek dismissal of aluminium price-fixing lawsuits

Reuters UK Business News - 4 hours 29 min ago
NEW YORK (Reuters) - Goldman Sachs Group Inc , JPMorgan Chase & Co , the London Metal Exchange and warehouse operators want a judge to throw out lawsuits saying that from May 2009 they conspired to reduce the supply and increase the price of aluminium.






U.S. new home sales hint at prolonged housing weakness

Reuters UK Business News - 4 hours 41 min ago
WASHINGTON (Reuters) - Sales of new U.S. single-family homes tumbled to their lowest level in eight months in March, dashing hopes for a quick turnaround for a sector that fell into a soft patch last summer.






Amazon's eroding tax advantage, bid to sustain growth in focus in first-quarter

Reuters UK Business News - 4 hours 43 min ago
SAN FRANCISCO (Reuters) - Amazon.com Inc's quarterly results on Thursday may heighten worries that its edge over online and even traditional brick-and-mortar rivals is narrowing as it charges sales tax in more states, curtailing growth in its core business.






Novartis-GSK asset swap offers template for pharma and beyond

Reuters UK Business News - 4 hours 46 min ago
LONDON (Reuters) - The loud welcome given by investors to this week's deal for Novartis and GlaxoSmithKline to trade more than $20 billion (11 billion pounds) of assets could trigger more pacts in the pharmaceuticals sector and beyond.






Brazil's Azul adds Airbus jets to start U.S. flights

Reuters UK Business News - 5 hours 13 min ago
CAMPINAS, Brazil (Reuters) - Brazil's third-biggest airline, Azul Linhas Aereas, unveiled plans on Wednesday to add 11 wide-body jets from European planemaker Airbus to start service to the United States.






France deficit plan treads fine line, betting on growth

Reuters UK Business News - 5 hours 49 min ago
PARIS (Reuters) - France outlined a slower roadmap on Wednesday to reduce its chronic deficit to the European Union's treaty limit next year, based on growth assumptions described by an independent watchdog as risky.






Bailout exit beckons for Portugal after record bond sale

Reuters UK Business News - 5 hours 57 min ago
LISBON/LONDON (Reuters) - Portugal sold its first bonds at auction in three years on Wednesday, paying a record low yield that was seen as vote of market confidence and a boost to Lisbon's chances of making a clean break from its bailout next month.






Friends and colleagues mourn passing of respected councillor

Ely Standard - 6 hours 11 min ago

Friends of Soham councillor John Palmer, who died last Thursday, aged 85, have paid tribute to the “best councillor the town has ever had”.

Categories: Local Press

Man in critical condition after being impaled by drill which fell from cherry picker

Ely Standard - 6 hours 19 min ago

A man is in a critical condition in hospital after a freak incident which saw him impaled by a drill.

Categories: Local Press

Weaker FTSE 100 gets support from ABF and AstraZeneca

Reuters UK Business News - 6 hours 26 min ago
LONDON (Reuters) - U.S. expansion plans for Associated British Foods and expectations of consolidation in the drugs sector kept FTSE 100 near a two-week high on Wednesday.






Police raids across London - and six arrested- following large scale probe into Cambridgeshire and eastern region phone scams

Ely Standard - 6 hours 42 min ago

Six men have been arrested following a series phone scams carried out on vulnerable people across Cambridgeshire and other eastern region counties.

Categories: Local Press

ECB's Nowotny says would not rule out QE, but don't need it yet

Reuters UK Business News - 6 hours 43 min ago
VIENNA (Reuters) - European Central Bank policymaker Ewald Nowotny said he would not rule out a quantitative easing (QE) - or money printing - programme to buy sovereign bonds, but the time for such a step has not yet come.






Toyota stays at the top in first quarter after outselling GM, Volkswagen

Reuters UK Business News - 7 hours 7 min ago
TOKYO (Reuters) - Toyota Motor Corp kept its position as the world's best-selling car maker in the first quarter of 2014, beating rivals Volkswagen AG and General Motors Co after it sold record 2.58 million vehicles globally.






Habas sues UK's Duet, claims breach of contract on NSI shares

Reuters UK Business News - 7 hours 34 min ago
(Reuters) - The Dutch unit of Israel's Habas Investments filed a lawsuit against British private equity and hedge fund Duet Asset Management, alleging breach of contract last year to buy shares of Nieuwe Steen Investments (NSI) .






Facebook gets U.S. antitrust approval to buy Oculus

Reuters UK Business News - 7 hours 44 min ago
WASHINGTON (Reuters) - Social network giant Facebook Inc has won U.S. antitrust approval to buy Oculus VR Inc, a two-year-old maker of virtual reality goggles, the Federal Trade Commission said on Wednesday.






New games area open for play

Newmarket Journal - 7 hours 50 min ago

Pupils at All Saints’ Primary School in Newmarket joined with invited guests on Thursday to officially open their new Multi-Use Games Area (MUGA).

Categories: Local Press

Police try to track owners of stolen items across Suffolk

Newmarket Journal - 7 hours 51 min ago

Police have released pictures of a number of items seized by officers investigating burglaries and thefts across Suffolk.

Categories: Local Press

France deficit plan treads fine line, betting on growth

Reuters UK Business News - 8 hours 2 min ago
PARIS (Reuters) - France outlined a slower roadmap on Wednesday to reduce its chronic deficit to the European Union's treaty limit next year, based on growth assumptions described by an independent watchdog as risky.






CEOs back country-by-country tax reporting - survey

Reuters UK Business News - 8 hours 10 min ago
LONDON (Reuters) - Most chief executives globally would support the publication of country-by-country financial information to help stamp out corporate tax avoidance, a survey showed on Wednesday.






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