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UK firms’ foreign takeovers hit record low in Q1

UK firms’ foreign takeovers hit record low in Q1

The number of foreign firms bought by British companies fell to its lowest in more than 20 years in the first three months of 2010, official data shows. The Office for National Statistics said spending by UK firms on foreign acquisitions fell to £192m in the three months to March, the lowest since records began […]
Euro rates at 0900 GMT

Euro rates at 0900 GMT

Current High Low USD 1.2135 1.2309 1.2116 JPY 109.94 112.26 109.77 GBP 0.839 0.8474 0.8385 CHF 1.4171 1.4221 1.4158 DKK 7.439 7.4399 7.4386 NOK 7.9468 7.9662 7.9305 SEK 9.6366 9.643 9.579 AUD 1.4625 1.4666 1.4504 CAD 1.2766 1.2852 1.2769 HKD 9.4542 9.583 9.4423 RUB 38.0455 38.098 37.9 SGD 1.7178 1.7241 1.7163
Eurozone factory PMI sinks, output growth slows

Eurozone factory PMI sinks, output growth slows

The 16-nation bloc and its common currency have been hit by waves of investor insecurity churned up by the region’s debt crisis and fears that troubles in Greece may be spreading to other peripheral eurozone economies. “There has been a slowdown in growth globally and in the eurozone there is subdued domestic demand due to […]
Ryanair speeds up first dividend as profit rising

Ryanair speeds up first dividend as profit rising

Irish airline Ryanair brought forward plans to pay its first dividend since being floated in 1997 as it swung back to a full-year profit ahead of most rivals and expected to grow earnings further this year. Europe’s biggest low-cost carrier earlier said it could end its no-dividend policy around 2013 when it will scale back […]