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(photo: WN / Sweet Radoc)
World stocks rise as earnings please
The Times Of India
LONDON: World stocks rose for the fifth session in a row on Wednesday, supported by solid corporate earnings but held back from greater gains by concerns over US economic weakness. | Wall Street looked set for a flat to weak open. The dollar recovered earlier losses to trade flat against a basket of...
A Greenpeace activist puts up a banner as they block off a British Petroleum fuel station in protest as the BP board announce their annual results, in London, Tuesday, July 27, 2010.
(photo: AP / Alastair Grant)
BP Reveals Comeback Plan
Wall Street Journal
By GUY CHAZAN | Seeking to put the Deepwater Horizon disaster behind it, BP PLC announced a $32 billion pre-tax charge to pay for the massive Gulf oil spill, detailed plans to sell $30 billion in assets, replaced its gaffe-prone chief executive and promised to become a "different company" more focus...
Indo-UK CEOs’ forum on anvil
The Times Of India
NEW DELHI: India and UK will launch a joint CEOs’ forum to promote trade and investment ties between the two countries. Commerce and industry minister Anand Sharma said that the forum will be announced by UK Prime Minister David Cameron and Indian ...
Classics lost and found: Authors pick the modern classic they would like to revive
The Independent
| According to the poet Ezra Pound, literature is the news that stays news. This spring and summer have seen that old saw cut deep. First Penguin Classics found that the paperback edition of Alone in Berlin by Hans Fallada not only flew off the shelv...
Ashok Leyland to buy 26% in UK's Optare
Indian Express
| Hinduja flagship firm Ashok Leyland it will acquire 26 per cent stake in UK-based bus manufacturer Optare for USD 7.5 million (about Rs 35 crore) as part of its strategy to expand into new markets. | "The deal is expected to further benefit Ashok L...
David Cameron defends 'clear and plain' comments on terror
The Independent
| David Cameron insisted today he had a duty to speak "clearly and plainly" about the threat of terrorism after claiming Pakistan must do more to tackle the issue. | The Prime Minister ignored calls from Pakistan's high commissioner to London for him...
UK asked to ease visas for businessmen, professionals
Deccan Herald
New Delhi, July 29, DH News Service: | India, on Thursday, urged Britain to relax its visa regime for Indian entrepreneurs and professionals to help further bilateral trade and investment between the two countries even as it assured London that it wo...
Ashok Leyland to acquire 26% stake in UK's Optare
The Times Of India
NEW DELHI: Hinduja flagship firm Ashok Leyland today said it will acquire 26 per cent stake in UK- based bus manufacturer Optare for $7.5 million (about Rs 35 crore) as part of its strategy to expand into new markets. | "The deal is expected to furth...
An oil-covered pelican sits in thick beached oil at Queen Bess Island in Barataria Bay, just off the Gulf of Mexico in Plaquemines Parish, La., Saturday, June 5, 2010.
AP / Gerald Herbert
Road to New Confidence at BP Runs Through U.S.
The New York Times
| LONDON — Robert Dudley, who is expected to be appointed as BP’s chief executive at a board meeting here Monday night, faces a long road to restore confidence in the e...
 Convicted newspaper baron Conrad Black leaves the federal building in Chicago Monday, Dec. 10, 2007,
AP Photo
Ex-media baron Conrad Black is out of prison
Herald Tribune
| CHICAGO - Former media mogul Conrad Black left a federal prison Wednesday in Central Florida where he has been serving a six-and-a-half-year sentence for defrauding investors, a ...
BP's Waning Britishness Causes Few Ripples in UK
ABC News
The Associated Press | By JILL LAWLESS Associated Press Writer | LONDON July 28, 2010 (AP) | File - In this June 16, 2010 file photo, BP Chief Executive Officer Tony Hayward, left, and BP... File - In this June 16, 2010 file photo, BP Chief Executive...
CEO forum to cement India-UK trade ties
The Telegraph India
New Delhi, July 28: Prime Minister Manmohan Singh and his UK counterpart David Cameron will soon announce an Indo-British CEO’s forum — on the lines of the Indo-US forum — which will offer advice to improve business links. | On the Indian side, Tata ...
UK seeks special ties with India
Deccan Herald
Bangalore:July 28, DHNS: | Once the 'jewel in the crown' of the British empire, India, 63 years after the departure of the Raj, has become important for Britain’s future. | In his first state visit to a country after taking charge as Britain’s ...
Business
The Secretary, Ministry of Culture, Shri Jawhar Sircar and the Sports and Culture Secretary of UK, Mr. Jeremy Hunt signing an agreement in the field of Culture, in the presence of the Prime Minister, Dr. Manmohan Singh and Prime Minister of United Kingdom, Mr. David Cameron, in New Delhi on July 29, 2010.
(photo: PIB of India / Photo Division, Ministry of I & B, Govt. of India)
India, U.K. to give fillip to trade, security ties
The Hindu
| Sandeep Dikshit | British Prime Minister David Cameron with Prime Minister Manmohan Singh during their joint press conference at the Hyderabad House in New Delhi on Thursday. | NEW DELHI: India and the United Kingdom decided to give an impetus to their trade and security ties during high level talks between Prime Minister Manmohan Singh and his c...
Industries
A potential customer walks into the first branch of the new British high street bank, the Metro Bank, in London, Thursday, July 29, 2010.
(photo: AP / Alastair Grant)
UK gets first new bank in 100 years
Gulf News
| London: Metro Bank, Britain's first new high street lender for over 100 years, opened its first branch to the public — and dogs — yesterday in a move aimed at shaking up the retail banking sector. | Co-founded by billionaire US businessman Vernon Hill, Metro Bank hopes to tap into public dissatisfaction with traditional banks followin...



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