Archive for May, 2012
Thomas Cook reports wider loss for half-year
Travel operator Thomas Cook Group plc (LSE:TCG) announced today a pre-tax loss of £713m for the six months to 31 March, an increase from the loss of £269m in the same period last year. The underlying pre-tax loss amounted to …
Competition Commission set to examine UK’s motor insurance market
The UK's Office of Fair Trading (OFT) said today that it is planning to refer the private motor insurance market to the Competition Commission. An investigation by the competition
Finnair’s sale of catering business to LSG Sky Chefs collapses
The board of Deutsche Lufthansa AG (ETR:LHA) has rejected a plan for its in-flight foodservices unit, LSG Sky Chefs, to acquire the Finnish airline Finnair’s (HEL:FIA1S) catering business. The
Apple buys Italian start-up Redmatica – reports
Italian blog Fanpage, has reported that US tech giant Apple Inc (NASDAQ:AAPL) has reportedly acquired Italian start-up Redmatica. Fanpage has also obtained a document by Italy's
National Oilwell Varco agrees buy CE Franklin for $240m
National Oilwell Varco Inc. (NYSE:NOV), an American oilfield equipment and services provider, will acquire CE Franklin Ltd (TSE:CFT), a Canadian oil & gas equipment distributor, for CAD12.75 a
Bank of England figures show increase in mortgage approvals in April
The Bank of England reported today that total lending to individuals in the UK increased by £1.4bn in April. Within the overall increase, lending secured on homes rose by
Third of tenants in the UK spending more than half their earnings on rent
The strength of the UK's house rental sector can be seen in the high rents being charged, with new figures showing that one in three tenants is spending
United Airlines prepares to launch new services from Denver hub
United Airlines on Tuesday announced plans to launch daily nonstop services linking its Denver hub with Shreveport, La., and Grand Forks, N.D.
In addition, the carrier said it plans
TSB sends investigators to mid-air collision in Virginia, USA
The Transportation Safety Board of Canada (TSB) on Tuesday said that it is deploying a team of investigators to the site of a mid-air collision near Warrenton-Fauquier Airport
TSB sends investigator to air accident at Pipmuacan Lake in Quebec
The Transportation Safety Board of Canada (TSB) on Tuesday announced that it is deploying an investigator to the site of an air accident at Pipmuacan Lake in Quebec.
The
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