(MENAFN- ProactiveInvestors) Daily Mail
Owner IAG moves closer to completing purchase of Aer Lingus after Irish Government agreed to sell 25% stake: Owner IAG moved closer to completing its purchase of Aer Lingus after the Irish Government agreed to sell its 25% stake in the airline.
Billionaire hedge fund backer of Plus500 hikes stake in embattled Israeli spread better: The billionaire hedge fund backer of Plus500 has hiked his stake in the embattled Israeli spread better.
The Times
Keydata chief is fined £75mln over death bond scandal: The City regulator has handed down its largest fine on an individual after one of the country’s biggest investment scandals in which people were mis-sold £475mln-worth of “death bonds”.
Flipboard ‘is ’s US$1bn mystery takeover target’: The mystery that has surrounded ’s acquisition plans cleared a little after reports emerged that it had been in talks over a billion-dollar takeover of Flipboard.
Deutsche Bank pays US$55mln to settle trade allegations: Deutsche Bank will pay US$55mln to settle a long-running investigation into whether the bank mis-stated the size of losses on a large derivatives portfolio during the 2008 financial crisis.
The Independent
enjoys boost in revenues after blockbuster year: Blockbusters such as Avengers: Age of Ultron have helped to record an impressive boost in revenues.
closer to £770mln takeover of rival : ’s planned £774mln purchase of rival is poised to be approved after it offered options to dampen competition concerns.
O2 will not offer instant compensation to customers hit by signal problems: O2 will not be offering customers compensation for the signal failure on Monday that left people in Manchester London Glasgow and parts of Northern Ireland unable to call or text anyone.
The Daily Telegraph
Eurozone leaders attempt to quell fears of Grexit panic: The French Open found itself under attack from two Swiss stars on Sunday after a shambolic day that did nothing for the reputation of this historic tournament.
George Osborne will struggle to balance to books by 2019 says Moody’s: The Government will struggle to balance the books by the end of the decade because of the scale of cuts required and the likelihood that the easiest reductions have now been made a rating agency has warned.
John Malone’s agrees US$80 billion takeover of Time Warner Cable: Communications John Malone’s US cable company has agreed to buy Time Warner Cable in a deal worth nearly US$80bn.
China’s yuan is no longer undervalued IMF says: The International Monetary Fund has declared China’s yuan currency to be fairly valued for the first time in more than 10 years.
’s revenue ambitions hit by psoriasis drug setback: ’s hopes of doubling its revenues by 2023 have been dealt a blow after its partner on a drug to treat psoriasis pulled out after patients were found to have suicidal thoughts.
The Guardian
EU referendum uncertainty could hit UK investment consultants warn: The government’s plan to hold an EU referendum will dent foreign investment in the UK and threatens its position as Europe’s top destination for overseas investors according to a new report.
UK consumer confidence hits pre-crisis levels of 2006: UK consumers are at their most upbeat for nine years on the back of improving job prospects and low inflation according to the latest report to suggest spending power is recovering.
Libor trial: trader was ‘ringmaster’ in rate-rigging conspiracy court hears: A City trader was the “ringmaster” at the centre of a conspiracy to fix lending rates between banks a jury has heard during the first criminal trial in the Libor-rigging scandal.
Grexit: bookmakers put smart money on an unwise move: Paddy Power is quoting 11/10 on Greece leaving the euro – and after recent events it’s hardly a surprise that the bookmaker is offering the shortest odds ever on a Grexit.
Energy industry calls for new emissions targets to aid low-carbon growth: World governments must sign a clear new agreement on greenhouse gas emissions at a crunch conference in Paris this December leaders of the world’s energy industry have urged.
Daily Express
profits soar 66% as revamp reaps earning rewards: Profits growth at budget airline took off last year as a revamp designed to improve its image and attract business customers sent earnings soaring by 66%
Amazon faces tax rise after UK sales switch: Internet shopping giant Amazon said it has begun booking U.K. sales in this country which may mean paying more taxes.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.