British Gas to raise prices as profits slump 2008-05-13 05:25 - Millions of homeowners face a second rise in the gas and electricity bills
this year as British Gas owner Centrica grapples with a slump in its
profits.
Factory gate inflation worst for 22 years 2008-05-13 05:25 - The price of goods leaving British factories rose at a record rate in April as
the cost of raw materials soared, official figures show today, and denting
hopes of a rate cut next month.
C&C fights as premium cider market goes flat 2008-05-12 06:01 - The dangers of following fashion in the drinks industry were laid bare today
when C&C, the Irish cider maker, reported a 41.4 per cent fall in
profits for its last financial year.
BAA may sell Gatwick to ease refinancing difficulties 2008-05-12 06:01 - BAA, the owner of Heathrow and Gatwick, may have to bring forward the sale of
one of its airports amid concerns that it will be unable to complete the £10
billion refinancing of its debts.
Brazil Opec plan lifts oil to $126 per barrel$ 2008-05-12 06:01 - Oil prices soared to highs above $126 yesterday as the President of Brazil
said that the South American country was considering joining Opec.$
Kazakhmys dismisses derisory ENRC £7bn bid in miner squabble 2008-05-12 06:01 - The unusual antics of the FTSE 100’s Kazakhstani miners continued yesterday with a “derisory” £7 billion takeover offer for a company valued at more than £8 billion.
Sotheby’s hopes Triptych sale will save its Bacon 2008-05-12 06:01 - Sotheby’s, the auction house, is banking on a $70 million ($£36 million) sale
of Francis Bacon’s 1976 painting Triptych next week to offset what it calls
uncertain economic times.
Microsoft’s battle with Europe goes on as fine is challenged 2008-05-12 06:01 - Microsoft has lodged an appeal against a record €899 million (£713 million) fine handed out in February by the European Commission for defying sanctions imposed on the company for abusing its dominant position in the software market.
