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Liberty Global to acquire Cable&Wireless in £3.5bn deal
Liberty Global reached an agreement on Monday to purchase Cable&Wireless Communications in a cash and stock deal valuing the carrier at £3. 5bn ($5. 3bn).
Fed's Mester says economy can handle rate hikes
US job growth will slow, but that is not an obstacle to stronger economic activity.
Eurozone GDP misses forecast in third quarter
The Eurozone economy expanded less than expected in the third quarter with spending by households propping up activity as exports slowed and – surprisingly, according to Barclays – investment in Germany fell.
Monarch Airlines extends Sharm el-Sheikh suspension
British sun-seekers longing for Sharm el-Sheikh will face another delay, it was announced by Monarch Airlines on Friday.
Uni Michigan index beats expectations in November
The University of Michigan's consumer sentiment index beat expectations in November, data released on Friday showed.
US retail sales miss expectations in October
US retail sales rose by less than expected in October, figures released on Friday showed.
China doubles deposit requirements for margin trading
The Shanghai and Shenzhen stock exchanges have doubled the minimum requirement for margin trading to 100%.
IEA says global oil stocks at record high, may weigh on oil prices
Global oil inventories hit a record near-3bn barrels at the end of September, the industrialised world’s energy watch-dog said on Friday.
Aviva studying possible sale of Irish health insurance unit, report says
Aviva has hired bankers to explore the possible sale of its Irish health insurance operations, Sky News reported.
Chinese bank lending data for October leaves analysts divided
The latest data on credit and lending patterns in China released on Thursday showed the country’s banks remained unwilling to lend, leaving economists divided as to how effective the central bank’s monetary easing had been.
BAE Systems to axe 371 jobs at Typhoon fighter unit; cuts earnings outlook
Military hardware maker BAE Systems said it was is axing 371 jobs at its military aircraft unit and announced earnings per share for the year would be 38p as its export order book thinned.
UK unemployment rate falls more than expected but wage growth slows
Unemployment in the UK fell more than expected in the third quarter, figures released on Wednesday showed, though wage growth also weakened, leading many economists to the conclusion that a near-term rise in Bank Rate was still uncalled for.
S&P downgrades McDonaldd's to BBB+, but confident on strategy
Standard&Poor's took down McDonald's debt ratings by a notch following the fast food giant's announcement that it would splsah out a further $10bn on additional share buybacks by the end of 2016, but expressed confidence in the company's strategy.
SABMiller and AB InBev seal takeover
Anheuser Busch-InBev has made a formal offer to buy London-listed rival SABMiller for £44 a share in cash, the companies confirmed on Wednesday.
Diageo reiterates full-year guidance
Diageo reiterated its full-year guidance ahead of an investor confidence in New York scheduled for 11 November focused on its operations in North America and emerging markets.
Fitch downgrades Volkswagen´s long-term debt rating
The inability of Volkswagen´s top management to either notice or correct the events leading up to the fraud on emissions tests involving 11m vehicles meant the manufacturer did not warrant an A debt rating, Fitch said.
Catalan parliament approves motion to start secession
Meeting in an extraordinary session, the parliament of Spain´s north-eastern region of Catalonia on 9 November approved a text calling for the start of a political process to break-away from Spain and create a Republic.
White House to again reject Keystone XL pipeline
Barack Obama will again reject the application to build the massive Keystone Xl oil pipeline between Canada and the US, according to reports.
US October non-farm payrolls soar past estimates with 271,000 rise
US non-farm payrolls grew by 271,000 in October, according to the Bureau of Labour Statistics, miles ahead of the consensus forecast for a gain of 180,000.
Russia suspends all flights to Egypt in wake of Metrojet crash
Valdimir Putin has ordered the suspension of all Russian passenger flights until the cause of the Russian Metrojet Flight 9268 crash is established, Reuters reported.