Friday 30th July 2010

Reuters UK News

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Updated: 4 hours 6 min ago

Imports slow U.S. Q2 growth

4 hours 42 min ago

WASHINGTON (Reuters) - U.S. economic growth slowed in the second quarter as a capital investment drive by businesses saw imports increasing at their fastest pace since the first quarter of 1984, a government report showed on Friday.

"Antiquated" benefits system faces overhaul

5 hours 29 min ago

LONDON (Reuters) - A complex web of benefits for the unemployed and low paid could be replaced with a single payment under plans to overhaul the 87 billion pound welfare system, the government said on Friday.

Disney sells Miramax for over $660 million to Filmyard

6 hours 28 min ago

LOS ANGELES (Reuters) - Walt Disney Co has sold film studio Miramax for more than $660 million (423.7 million pounds) to Filmyard Holdings LLC, ending months of talks between the media group and various bidders.

Mexican army kills kingpin in drug war coup

6 hours 47 min ago

GUADALAJARA, Mexico (Reuters) - Mexican soldiers killed drug boss Ignacio "Nacho" Coronel on Thursday, the first major triumph this year for President Felipe Calderon's war against drug cartels but one that is unlikely to end spiralling violence.

TalkTalk to offer mobile on Vodafone's network

7 hours 6 min ago

LONDON (Reuters) - Internet and phone provider TalkTalk signed a deal with Vodafone to launch a mobile voice and data tariffs under its own brand, creating a larger bundle of services from the autumn.

Bradford & Bingley returns to first-half profit

7 hours 59 min ago

LONDON (Reuters) - Bradford & Bingley, the mortgage lender which was nationalised after running into problems during the credit crisis, said on Friday it had swung to a first-half profit after making a loss a year earlier.

Italy in political turmoil as Berlusconi party implodes

8 hours 54 min ago

ROME (Reuters) - Italy was in political turmoil on Friday after Prime Minister Silvio Berlusconi dramatically split with his one-time most powerful centre-right ally, putting the country at risk of early elections.

BA sees full-year breakeven despite Q1 loss

8 hours 58 min ago

LONODN (Reuters) - British Airways still expects to break even in the full year, despite reporting wider first quarter losses due to the impact of volcanic ash and strike-related disruption, sending its shares higher.

Dead whale found pinned to Alaska cruise ship

10 hours 20 min ago

ANCHORAGE, Alaska (Reuters) - A dead whale was discovered pinned to the bow of a Princess Cruises luxury liner near Juneau, the third such incident involving the company's Alaska fleet in a decade, officials said on Thursday.

Morgan's maiden test ton puts England in charge

12 hours 53 min ago

NOTTINGHAM, England (Reuters) - England's Eoin Morgan plundered 125 not out for his maiden test century to help dig his team out of trouble and steer them to 331 for four at stumps on day one of the first test with Pakistan on Thursday.

BP lawsuits over oil spill take centre stage

17 hours 43 min ago

BOISE, Idaho (Reuters) - More than 2,000 miles (3,200 km) from the Gulf of Mexico shoreline, a panel of U.S. judges heard arguments from lawyers on Thursday on how piles of oil spill-related lawsuits against BP Plc should be merged.

Cameron reassures party sceptics on coalition

18 hours 14 min ago

LONDON (Reuters) - Prime Minister David Cameron set out on Friday to reassure sceptics on the right wing of his party they were getting a good deal out of coalition government.

Morgan's maiden test ton puts England in charge

Thu, 29/07/2010 - 20:01

Exxon, Shell quarterly profits soar

Thu, 29/07/2010 - 18:25

LONDON/HOUSTON (Reuters) - Exxon Mobil's quarterly profit jumped 85 percent on surging oil prices and a big rise in refining margins, while Royal Dutch Shell Plc's profits rose 34 percent.

U.S. subpoenas Pru and MetLife on soldier death benefits

Thu, 29/07/2010 - 17:18

NEW YORK (Reuters) - New York's attorney general has subpoenaed MetLife Inc and Prudential Financial Inc as part of a probe into whether life insurers are defrauding families of deceased military personnel by siphoning off millions of dollars of death benefits for themselves.

Reuters UK News

Imports slow U.S. Q2 growth

"Antiquated" benefits system faces overhaul

Disney sells Miramax for over $660 million to Filmyard

Mexican army kills kingpin in drug war coup

TalkTalk to offer mobile on Vodafone's network

Bradford & Bingley returns to first-half profit

Italy in political turmoil as Berlusconi party implodes

BA sees full-year breakeven despite Q1 loss

Dead whale found pinned to Alaska cruise ship

Morgan's maiden test ton puts England in charge

BP lawsuits over oil spill take centre stage

Cameron reassures party sceptics on coalition

Morgan's maiden test ton puts England in charge

Exxon, Shell quarterly profits soar

U.S. subpoenas Pru and MetLife on soldier death benefits

Frank talk from Cameron shakes up British diplomacy

Watchdog may act to make power market liquid

Afghan president asks why allies won't act on Pakistan

Customers intrigued by new bank Metro

After crisis, firms fuel spark of European optimism