FTSE Slips To One-Year Low On Growth Fears

The FTSE has closed at its lowest level in nearly a year with a crisis of confidence over the global recovery. It came as there were warnings about a triple-dip recession in the Eurozone at the IMF's annual conference in Washington. Data from Europe's...

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Universal To Build $3.3bn Beijing Theme Park

Universal Studios has confirmed a $3.3bn (£2bn) deal to build its first theme park in China. The announcement was made at a news conference in Beijing following 13 years of negotiations with Chinese authorities. Universal gave no opening date for...

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FTSE 100 Directors' Earnings Up 21% In A Year

A steep rise in long-term incentives meant directors at FTSE 100 companies earned 21% more in the last financial year, a report has found. The study by employment research specialists Incomes Data Services (IDS) suggests average annual earnings for...

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Fears UK Will Be Hit By New Euro Recession

The euro crisis is back. But this time it's different. That's the general gist of the discussions at the International Monetary Fund meetings in Washington this week. For this time around the meetings - a key opportunity for policymakers to catch...

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Osborne Puts Stake In Eurostar Up For Sale

Chancellor George Osborne has said the Government is seeking bidders for its 40% stake in the Eurostar rail service to help reduce Britain's public sector debt. Potential buyers have until the end of the month to make an expression of interest. The...

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Shark Proof Google Cable To Link US And Brazil

Google has given the go ahead for a 6,560 mile (10,557km) undersea cable to link the US and Brazil. The fibre-optic cable will have the capacity to move an incredible 64 terabits of data every second, equivalent to 85,000 feature films and a measure...

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F1 Owner CVC Eyes Bid For Blatter Sports Firm

By Mark Kleinman, City Editor The largest shareholder in Formula One motor racing is among a pack of suitors circling a sports rights firm headed by the nephew of Sepp Blatter, the controversial head of football's world governing body. Sky News has...

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Road Hauliers In Christmas Deliveries Warning

By Lisa Dowd, Midlands Correspondent Hauliers are warning that a national shortage of lorry drivers could hit deliveries to shops and stores in the run-up to Christmas. They say the cost of obtaining a licence and strict EU rules are putting off...

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Vintage Apple-1 Computer To Be Auctioned

The world's first Apple computer, widely acknowledged as heralding the personal computer revolution, is to be sold at auction by Bonhams, New York. The Apple-1 was one of 50 machines hand-built for the ByteShop by Apple pioneer Steve Wozniak in the...

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Amazon To Create 1,000 UK Warehouse Jobs

Amazon has announced plans to hire a further 1,000 staff for its UK warehouse operations. The online retailer, which just a month ago said it was expanding its UK office operations, said the separate announcement would boost staffing levels across...

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