Cadbury starts solo against bid background

May 2, 2008 on 12:46 pm | In Business News | No Comments

LONDON (Reuters) - Cadbury must improve profit margins and earnings or become a sitting duck for a bid, analysts said on Friday as the company started trading as a standalone confectionery group.

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Cadbury starts solo against bid background

FTSE ends up over 2 percent

May 2, 2008 on 12:31 pm | In Business News | No Comments

LONDON (Reuters) - The FTSE 100 ended over 2 percent higher on Friday as U.S. jobs data helped extend gains late in the session, with banks and mining shares leading the charge.

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FTSE ends up over 2 percent

Chevron Pembroke units to be restarted soon

May 2, 2008 on 11:13 am | In Business News | No Comments

LONDON (Reuters) - Chevron Corp. said on Friday it expects processing units at its Pembroke refinery to be brought on line soon after steam plant is restarted this weekend.

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Chevron Pembroke units to be restarted soon

Bank not participating in liquidity actions

May 2, 2008 on 11:10 am | In Business News | No Comments

LONDON (Reuters) - The Bank of England said on Friday it was not joining other major central banks in injecting dollars into financial markets.

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Bank not participating in liquidity actions

Oil rises over $114 on U.S. jobs data

May 2, 2008 on 10:37 am | In Business News | No Comments

LONDON (Reuters) - Oil rebounded over $114 a barrel on Friday after three straight days of falls, after better-than-expected U.S. jobs data eased worries about a deep recession in the world’s top crude consumer.

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Oil rises over $114 on U.S. jobs data

What the Bank has to weigh up next week

May 2, 2008 on 10:26 am | In Business News | No Comments

LONDON (Reuters) - The Bank of England is expected to hold interest rates steady next week but grim economic news clearly leaves open the possibility of another quarter-point cut as the central bank prepares its new forecasts.

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What the Bank has to weigh up next week

Insolvencies fall 13.2 percent in first quarter

May 2, 2008 on 9:56 am | In Business News | No Comments

LONDON (Reuters) - More than 25,000 people declared themselves insolvent in England and Wales in the first three months of the year, government figures showed on Friday, but that was …

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Insolvencies fall 13.2 percent in first quarter

Oil falls from record highs as supply worries ease

May 2, 2008 on 9:52 am | In Business News | No Comments

LONDON (Reuters) - European oil prices fell from record levels over the week as Nigerian supply worries eased and North Sea production returned to normal rates.

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Oil falls from record highs as supply worries ease

BoE not participating in liquidity actions

May 2, 2008 on 9:51 am | In Business News | No Comments

LONDON (Reuters) - The Bank of England said on Friday it was not joining other major central banks in injecting …

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BoE not participating in liquidity actions

House prices fall at sharpest pace since 1993

May 2, 2008 on 8:35 am | In Business News | No Comments

LONDON (Reuters) - House prices suffered their steepest annual fall in 15 years in April, stoking fears of a deep downturn, as figures showed more than 25,000 people succumbed to bad debt in the first three months of the year.

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House prices fall at sharpest pace since 1993

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