AbbVie is expected to make an improved offer for Shire in the next few days after its Chief Executive Rick Gonzalez visited Shire's biggest investors in London, The Sunday Times said. Gonzalez is back in the US mulling his options after having three bid approaches turned down with the most recent va
Read more(Repeats, without changes, story first published on Sunday) By Huw Jones LONDON, June 29 (Reuters) - While banks are dumping risky assets as regulation bites, asset managers are plugging the funding gap and using their growing clout in ways that could harm markets, the Bank for Intern
Read moreBy Huw Jones LONDON, June 29 (Reuters) - While banks are dumping risky assets as regulation bites, asset managers are plugging the funding gap and using their growing clout in ways that could harm markets, the Bank for International Settlements says. Nearly six years after the financi
Read more* BoE toughens mortgage affordability tests, lending rules * Only 15 pct of new UK mortgages to exceed 4.5 LTI ratio * Carney says measures will not affect rate rise plans * GRAPHIC: House prices vs earnings http://link.reuters.com/fyg34s (Writes through, adds bank and analyst
Read moreBy Ana Nicolaci da Costa and Huw Jones LONDON, June 26 (Reuters) - The Bank of England sought to slam the brakes on Britain's surging housing market on Thursday by announcing a cap on home loans and tougher checks on whether borrowers can repay their mortgages. The Bank's Financial Po
Read moreLONDON (Alliance News) - Michelmarsh Brick Holdings PLC Monday said it is expecting strong trading and high demand for its premium products this year and to exceed market expectations for 2014, as recovery in the construction industry picks up following the long UK economic downturn. The co
Read moreLONDON (Alliance News) - UK shares have opened lower Wednesday, following a negative lead from Wall Street and Asia and ahead of the release of central bank meeting minutes in the UK and US.
A few interesting executive changes have been announced before the London open Wednesday. Read more
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Read more 20 May 2014 15:28 UK AGM, EGM Calendar - Week Ahead
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