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Abu Dhabi group buys key stake in British F1 teamA consortium of private investors, including an Abu Dhabi-based multinational business group and an American hedge fund manager, has acquired a 35 per cent stake in British-based The Lotus Formula One team. More… |
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British firms reject external fundingBritish manufacturers are increasingly turning away from external funding to grow their businesses, a survey has found, despite tentative signs that the cost of credit is easing. Nearly 52 per cent of companies polled by manufactu More… |
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British business lending down in AprilBritish business lending fell sharply last month, raising questions about the durability of an economic recovery that has helped lift consumer sentiment to a six-month high. Britain's government and central bank are concerned More… |
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UK jets escort Pakistan plane, 2 arrestedBritish fighter jets escorted a Pakistan International Airlines passenger plane to Stansted Airport near London on Friday, where police went on board and arrested two men on suspicion of endangering an aircraft. Passengers were le More… |
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UAE 'close to deciding on fighters'The United Arab Emirates (UAE) is close to deciding whether to buy British or French fighter jets, after nearly five years of talks and numerous diplomatic visits. French firm Dassault's Raf More… |
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Prince William and Kate expecting babyBritain's Prince William and his wife Catherine are expecting a baby, destined to be the country's future monarch, although the mother-to-be is in hospital with a type of very acute morning sickness that sometimes indicates twins. More… |
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Batelco to acquire CWC units in $1bn dealBatelco Group, the regional telecommunications operator with operations across six countries, has announced plans to acquire some units of British multinational telecommunications company Cable & Wireless Communications (CWC), including its More… |
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UK millionaire pleads guilty in Iran missile schemeBritish millionaire Christopher Tappin pleaded guilty in federal court in Texas on Thursday to charges of attempting to sell missile parts to Iran, prosecutors said. Tappin, 66, from Orpington, Kent, who had previously pleaded not More… |
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Japanese, UK scientists win Nobel medicine prizeA British and a Japanese scientist won the Nobel Prize for Medicine on Monday for work on creating stem cells, opening the door to new methods to diagnose and treat diseases. Briton John Gurdon and Japan's Shinya Yamanaka equa More… |
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19 killed in Nepal air crashA small plane crashed shortly after takeoff from the Nepali capital of Kathmandu on Friday, killing 19 people, including seven British and five Chinese passengers, an airline official said. The twin-engine propeller-driven Dornier More… |
