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)…
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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.…
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…
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…
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…
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…
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)…
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…
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…
Internet giant Yahoo acquires mobile ad startup Admovate
Yahoo! Inc (NASDAQ:YHOO) said it had taken over mobile ad startup Admovate without disclosing the purchase price. The Internet giant said that the deal is in line with its strategy…
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