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Clean Bus Technology Fund to award grants to 11 local authorities

Local Transport Minister Norman Baker announced today that GBP5m from the Clean Bus Technology Fund has been awarded to eleven local authorities in towns and cities in England for the upgrade of nearly … Continue reading “Clean Bus Technology Fund to award grants to 11 local authorities”


Sharp increase in demand for farmland pushes prices up

The price of farmland has trebled during the last ten years, as demand is outstripping supply, according to a report by the BBC. The Royal Institution of Chartered Surveyors (Rics) has carried out … Continue reading “Sharp increase in demand for farmland pushes prices up”


China’s Alibaba invests in US-based online shopping group ShopRunner — FT report

Chinese e-commerce firm Alibaba Group Holding Limited has taken an undisclosed minority stake in US online shopping services firm ShopRunner Inc for USD75m (EUR56.3m), the Financial Times reported, citing sources. The investment was … Continue reading “China’s Alibaba invests in US-based online shopping group ShopRunner — FT report”


UK household energy consumption drops by 24.7%

Household energy usage in England and Wales has fallen by almost a quarter since 2005, according to Office for National Statistics (ONS) data released today. ONS area based analysis for household energy consumption … Continue reading “UK household energy consumption drops by 24.7%”


Bank of England to link interest rates to job growth

The Bank of England governor Mark Carney stated today that the Bank will not raise interest rates until the high rate of unemployment in the UK has decreased from the current rate of … Continue reading “Bank of England to link interest rates to job growth”


London-listed Vodafone launches bid for Kabel Deutschland

UK’s Vodafone Group Plc (LON:VOD) said on Tuesday it had launched a voluntary public takeover bid of EUR87.00 (USD115.43) per share in cash for German cable operator Kabel Deutschland Holding AG. The price … Continue reading “London-listed Vodafone launches bid for Kabel Deutschland”


German luxury carmaker BMW to acquire 2% stake in UK-based Chargemaster

German automobiles manufacturer BMW AG (ETR:BMW) intends to acquire a 2% interest in UK electric vehicle charging systems supplier Chargemaster Plc, which recently unveiled plans for a London IPO, a source told Reuters. … Continue reading “German luxury carmaker BMW to acquire 2% stake in UK-based Chargemaster”


Ireland’s Ryaniar seeks EU-based buyers for Aer Lingus stake

Irish airline Ryanair Holdings Plc (LON:RYA) said today it will unconditionally sell its entire 29% interest in smaller rival Aer Lingus Group Plc (LON:AERL) to any other European Union (EU) carrier that makes … Continue reading “Ireland’s Ryaniar seeks EU-based buyers for Aer Lingus stake”


Carmaker Peugeot in talks to sell financing arm Banque PSA to Santander — report

French carmaker PSA Peugeot Citroen SA (EPA:UG) is holding preliminary talks to shed part of its auto consumer-credit unit Banque PSA Finance to Spanish lender Banco Santander SA (MCE:SAN), the Wall Street Journal … Continue reading “Carmaker Peugeot in talks to sell financing arm Banque PSA to Santander — report”


Media group Informa sells its corporate training units to Providence Equity

London-listed publishing and events group Informa plc (LON:INF) on Friday said it had agreed a deal worth up to USD180m (EUR137m) to sell its five corporate training businesses to Providence Equity Partners. The … Continue reading “Media group Informa sells its corporate training units to Providence Equity”


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