Analyst news

• SSE likely to close three units at UK coal plant

  03-02-2016 19:16
  
  LONDON (Reuters) - British power producer SSE said it would likely close most of the units at its 1,995-megawatt Fiddler's Ferry coal-fired plant from April 1, despite gaining a government capacity contract designed to incentivise back-up plants to stay online.
  
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• Hard Rock Cafe fetes 45 years with London memorabilia exhibit

  03-02-2016 18:35
  
  LONDON (Reuters) - From Madonna's bustier to Paul McCartney's suit, fashion memorabilia from the world of music goes on display at an exhibition in London on Wednesday celebrating the 45th anniversary of the opening of the Hard Rock Cafe.
  
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• British Airways to resume flights to Iran

  03-02-2016 18:21
  
  LONDON (Reuters) - British Airways will resume direct flights from London to Tehran from July, renewing links with the Iranian capital after sanctions were lifted.
  
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• 'Implosion' in Muslim world fuelling refugee crisis - Miliband

  03-02-2016 17:27
  
  LONDON (Reuters) - Civil wars crippling many Muslim states and fuelling a global refugee crisis are driven in part by major struggles within Islam that cannot be ignored, former British Foreign Secretary David Miliband said on Wednesday.
  
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• Top Conservatives weigh leadership ambitions in EU vote

  03-02-2016 16:03
  
  LONDON (Reuters) - As senior British Conservatives prepare to take sides in a referendum on European Union membership, some will be more focussed on their own future - and their chances of succeeding Prime Minister David Cameron - than that of the country.
  
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• British peer Lord Lucan declared dead 42 years after he disappeared

  03-02-2016 15:22
  
  LONDON (Reuters) - Lord Lucan, a British aristocrat who vanished without trace 42 years ago after the murder of his children's nanny, was officially declared dead by London's High Court on Wednesday, allowing his son to inherit the title.
  
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• Ford Europe to cut jobs to save $200m

  03-02-2016 12:34 via bbc.co.uk
  
  US car giant Ford announces plans to cut jobs, improve efficiency and save $200m a year in Europe.
  
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• Syngenta: 'No Chinese nationalisation'

  03-02-2016 12:27 via bbc.co.uk
  
  The chairman of Syngenta has denied that the proposed $43bn (£30bn) takeover by ChemChina amounts to a Chinese nationalisation of the Swiss agribusiness giant.
  
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• MPs piles pressure on watchdog over HBOS accounting probe

  03-02-2016 12:14
  
  LONDON (Reuters) - Britain's accounting watchdog came under further political pressure on Wednesday to undertake a full, independently supervised investigation into the auditing of HBOS's accounts by KPMG [KPMG.UL] before the bank collapsed in 2008.
  
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• UK fraud prosecutor extradites fugitive from South Africa

  03-02-2016 12:08
  
  LONDON (Reuters) - UK prosecutors have extradited a British company director almost a decade after he fled to South Africa to avoid a jail sentence for fraud-related offences, the Serious Fraud Office (SFO) said on Wednesday.
  
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• UK services sector maintains growth

  03-02-2016 11:17 via bbc.co.uk
  
  The UK's dominant services sector maintains its growth in January, according to the latest PMI survey.
  
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• SSE restores power supply in Scotland after storm Henry

  03-02-2016 10:21
  
  (Reuters) - Normal operations have been restored across the Scottish hydro electric power distribution (SHEPD) after power was restored power to customers affected by storm Henry, utility SSE said on Wednesday.
  
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• Lenovo shares fall on poor revenues

  03-02-2016 10:15 via bbc.co.uk
  
  Shares of Chinese smartphone and PC-maker Lenovo plunge by more than 10% after it reports quarterly revenues down for the first time in more than six years.
  
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• Tusk's plan to keep Britain in EU draws mixed response

  03-02-2016 10:13
  
  CHIPPENHAM, England/BRUSSELS - European Council President Donald Tusk set out a plan on Tuesday for keeping Britain in the European Union to a mixed reception which underlined the challenges Prime Minister David Cameron faces convincing Britons they should stay in the bloc.
  
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• Microsoft buys UK AI firm SwiftKey

  03-02-2016 10:08 via bbc.co.uk
  
  Artificial intelligence firm SwiftKey is acquired by Microsoft.
  
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• LVMH shares jump on record sales

  03-02-2016 10:07 via bbc.co.uk
  
  LVMH shares rose more than 6% after posting record annual sales last year despite weakness in China, although profits were lower than expected.
  
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• NAB falls as Clydesdale IPO priced low

  03-02-2016 08:38 via bbc.co.uk
  
  Shares of National Australia Bank (NAB) tumble by 5.7% after the lender prices shares of its Clydesdale Bank at 180p.
  
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• ChemChina offers $43bn for Syngenta

  03-02-2016 07:51 via bbc.co.uk
  
  Chinese chemicals group ChemChina offers more than $43bn (£30bn) to take over Swiss agribusiness giant Syngenta.
  
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• South Korea announces fresh stimulus

  03-02-2016 05:17 via bbc.co.uk
  
  South Korea's government unveils new stimulus measures following a raft of disappointing economic data for the export-dependent nation.
  
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• Chipotle's profit hit by food scare

  03-02-2016 03:53 via bbc.co.uk
  
  Chipotle Mexican Grill has posted a 44% drop in profit to $67.9m for the three months to December, following last year's E. coli outbreak.
  
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• Universal Credit 'leaves people poorer'

  03-02-2016 03:17 via bbc.co.uk
  
  The introduction of universal credit will leave working families worse off on average, the Institute for Fiscal Studies says.
  
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• Argentina to pay Italian holdouts

  03-02-2016 02:36 via bbc.co.uk
  
  Argentina agrees for the first time to pay investors who have been holding out for full repayment of bonds which were defaulted on in 2002.
  
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• Yahoo to cut its workforce by 15%

  03-02-2016 02:11 via bbc.co.uk
  
  The internet company Yahoo is cutting its workforce by about 15% in an attempt to improve its profitability.
  
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• VIDEO: Make-up lessons for visually impaired

  03-02-2016 01:30 via bbc.co.uk
  
  A make-up artist in Singapore is giving free make-up lessons to the visually impaired.
  
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• Oil price worries hit Asia's markets

  03-02-2016 01:29 via bbc.co.uk
  
  Worries over falling oil prices are weighing on investor sentiment in Asia for a second day on Wednesday.
  
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• Universal Credit 'will save £2.7bn'

  03-02-2016 01:24 via bbc.co.uk
  
  The introduction of Universal Credit will save £2.7bn a year from the UK's welfare bill, claims the Institute for Fiscal Studies (IFS) .
  
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• Microsoft ‘buys UK AI firm SwiftKey'

  03-02-2016 01:21 via bbc.co.uk
  
  Artificial intelligence firm SwiftKey is to be acquired by Microsoft, according to reports.
  
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• Tourist industry jitters over Zika

  03-02-2016 01:06 via bbc.co.uk
  
  Tourist industry jitters over Zika virus
  
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• Study in English in Denmark or China

  03-02-2016 01:03 via bbc.co.uk
  
  The universities around the world offering courses in English
  
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• BT apologises for broadband failures

  03-02-2016 00:29 via bbc.co.uk
  
  BT says it is confident its customers are now back online after "several hundred thousand" had their broadband services temporarily cut off.
  
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• Uber drops its U. Why?

  03-02-2016 00:17 via bbc.co.uk
  
  Uber has changed its logo, dropping its trademark U for something a little more cryptic. Why?
  
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