Concerns grow over prospects for sterling

Concerns grow over prospects for sterling

Many currency investors are negative on the pound, arguing that Britain's sluggish economy and loose monetary policy make it unattractive

Dixons increases Pixmania stake

Dixons increases Pixmania stake

UK group is to take near-full control of the French electricals website by paying €10m in cash to founding brothers and waiving €5m owed to it

Shareholders prepared to sell Urenco

Shareholders prepared to sell Urenco

An IPO is possible for the uranium enrichment group that is owned by the UK, Germany and the Netherlands, but any sale will be highly sensitive

ThyssenKrupp returns to profitability

ThyssenKrupp returns to profitability

German steel and engineering conglomerate made a third-quarter net profit of €238m but warned of the need to find a buyer for its lossmaking Americas unit

Luxury goods show signs of losing lustre

Luxury goods show signs of losing lustre

Behind the headline figures from companies such as Richemont and LVMH, the picture is less rosy. Consumer demand in China is not what it was

Carlyle Group to acquire TCW from SocGen

Carlyle Group to acquire TCW from SocGen

Carlyle Group is to acquire Los Angeles-based asset manager TCW from French bank Société Générale for an undisclosed sum

Life is no beach for Heineken chief

Life is no beach for Heineken chief

Battle for the attractive asset of Tiger beer brewer APB has drawn a rival bid that is unlikely to leave the Dutch group's balance sheet unscarred

Flybe warns on revenue growth

Flybe warns on revenue growth

Regional airline forecasts lower than expected revenue growth due to the slump in European business travel, which accounts for 40% of the group's flights

Losses widen at Bank of Ireland

Losses widen at Bank of Ireland

Irish lender says its first half was the victim of an increase in bad loan charges as it reports that underlying losses have climbed 26% year on year
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