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BRITISH POUND NEWS
Dollar crashes against major currencies: Why is USD rate down today?U.S. dollar index fell about 0.3 per cent to 98.969. Euro rose 0.40 per cent to $1.1649 and the British pound gained 0.55 per cent to $1.35...- Dollar slumps as signs of deal to reopen Hormuz spur risk appetiteThe dollar weakened in early Asian trading as oil prices dropped below $100 per barrel amid hopes of a Strait of Hormuz deal, despite U.S. ...
- UK's Scotch whisky body hopes for 'swift' India FTA implementationThe Scotch Whisky Association is urging swift implementation of the India-UK Free Trade Agreement, despite recent hurdles over UK steel imp...
- Why are oil prices up now, and will Brent, US WTI crude rates continue to rise or drop again? Global markets react to Iran war, UAE exit from OPEC, and AI stock worriesWhy are oil prices up now, and will Brent, US WTI crude rates continue to rise or drop again? Oil prices climbed as the Iran conflict disru...
- Google plans multimillion pound investment in ecommerce firm THG Ingenuity: Sky NewsGoogle plans to invest in THG Ingenuity, the soon-to-be separated technology arm of UK ecommerce group THG, in a deal that could later conv...
- Britain in talks with Tata Steel over $629 million aid packageThe British government is reportedly in discussions with Tata Steel to provide £500 million ($629 million) in funding for the Port Talbot s...
- Prince Harry takes on Rupert Murdoch's UK group over phone-hacking allegations in latest action against British pressPrince Harry started action against News Group Newspapers, publisher of the Sun tabloid and now defunct News of the World, in September 201...
- Rolls-Royce sells commercial marine unit for 500 million poundsThe company had in January launched a strategic review of the division, which generated 2017 revenues of 817 million pounds but an operatin...
- Brexit talks end in acrimony amid stalemate over billThe pound weakened to its lowest in a week as the failure of the talks increases the chances of the U.K. tumbling out of the EU without a d...
- The Times they are a-chargin': British paper erects paywallOne of Britain's most famous newspapers, The Times, started charging readers to access its website Friday, the first mainstream non-special...
- BSkyB spurns News Corp's $11.5-bn offerBritish Sky Broadcasting Group (BSkyB) today rejected media conglomerate News Corp's 7.8 billion pounds ($11.5 billion) offer to pick up ne...
- British Airways to cut extra 1,200 jobs amid lossesBritish Airways on Friday said the company's net loss more than quadrupled during its first half, forcing the carrier to slash an extra 1,2...
- Britain's best paid banker took home 16 mn pound last yearStandard Chartered bank's former global head of private equity Karam Butalia, has received a 16 million pound pay packet last year, making ...
- Ratan Tata warns of jobs cuts at JaguarTata said the firm needed a multi-million pound loan guarantee otherwise its 15,000 UK workforce would be culled.
- Britain's Lloyds sees HBOS loss of 10.8 bn poundsBritain's Lloyds Banking Group, 43-per cent state owned after a bailout, said its HBOS operations made a pre-tax loss of 10.8 billion pound...
- Exporters to UK feel the heat of falling British currencyExporters who were getting Rs 84.6 against the pound a month ago, are now getting Rs 72.5, a level seen in September 2003.
- British government to take control of RBS and HBOSThe move would make the government the biggest shareholder in the banks and government representatives could be installed on their boards. ...
- EDF, Centrica to buy British Energy: ReportFrench energy giant EDF and Centrica are to buy British Energy for more than 12 billion pounds, while an official announcement was likely e...
- British bank Bradford & Bingley plunges in valueShares in British bank Bradford & Bingley fell 23 percent on Monday after it warned on profits and agreed to a massive US cash boost, spark...
- Reuters reports 2006 profit slumpThe British news and financial information group Reuters said on Thursday that net profits sank by a third in 2006.
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