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FTSE hits 2-mth closing high on banks

Thu, 28 Aug 2008 17:32:24 +0000

LONDON (Reuters) - The leading share index rose 1.3 percent on Thursday as data showing the U.S. economy grew stronger than initially estimated in the second quarter boosted financials and retailers, while acquisition talk lifted grocer Sainsbury.

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FTSE hits 2-mth closing high on banks

Oil retreats after IEA pledge soothes Gustav fears

Thu, 28 Aug 2008 16:14:03 +0000

LONDON (Reuters) - Oil fell back on Thursday, from above $120 a barrel, after the International Energy Agency pledged to help out with additional …

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Oil retreats after IEA pledge soothes Gustav fears

Sinopec rules out bid for Imperial Energy

Thu, 28 Aug 2008 15:33:21 +0000

MOSCOW (Reuters) - China’s Sinopec has ruled out a counterbid for Russia-focused, London-listed Imperial Energy , leaving the field clear for India’s ONGC to proceed with a takeover deal.

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Sinopec rules out bid for Imperial Energy

E.ON to appeal over Scottish wind farm rejection

Thu, 28 Aug 2008 15:28:31 +0000

LONDON (Reuters) - E.ON UK is to appeal against a local government refusal to grant planning permission for a wind farm at Auchencorth Moss in Scotland, the German-owned utility said on Thursday.

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E.ON to appeal over Scottish wind farm rejection

British Energy optimistic about EDF

Thu, 28 Aug 2008 15:03:36 +0000

LONDON (Reuters) - British Energy described as “optimistic” government hopes that it may agree a merger with French power group EDF in the next two weeks, saying a deal in September or October is more likely.

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British Energy optimistic about EDF

British Energy optimistic about EDF deal

Thu, 28 Aug 2008 14:55:59 +0000

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British Energy optimistic about EDF deal

FTSE ticks up as gains in banks eclipse weaker oils

Thu, 28 Aug 2008 14:40:53 +0000

LONDON (Reuters) - The leading share index edged up by midday on Thursday as gains in banks offset weaker energy stocks, …

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FTSE ticks up as gains in banks eclipse weaker oils

Oil near $120 as Gustav threatens U.S. Gulf

Thu, 28 Aug 2008 13:14:45 +0000

LONDON (Reuters) - Oil rose towards $120 a barrel on Thursday, its fourth day of gains, boosted by the threat of damage to U.S. oil installations from Tropical Storm Gustav.

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Oil near $120 as Gustav threatens U.S. Gulf

Aer Lingus warns fuel, slowdown threaten viability

Thu, 28 Aug 2008 13:01:56 +0000

DUBLIN (Reuters) - Irish airline Aer Lingus expects to make losses this year and next due to high fuel costs and a slowdown in consumer spending, which it said could threaten the long-term viability of its business.

Aer Lingus warns fuel, slowdown threaten viability

House prices and retail sales slide

Thu, 28 Aug 2008 11:59:25 +0000

LONDON (Reuters) - British house prices fell 1.9 percent this month alone and retail sales dropped at their sharpest pace in at least 25 years, two separate surveys showed on Thursday, adding to the gloom on the economic outlook.

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House prices and retail sales slide