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  • Housing market picking up in UK Housing market picking up in UK

    LONDON - The UK housing market seems to be picking up with gross mortgage lending up 4.3 per cent in April over previous month to 12.1 billion pounds, the highest in over four years, according to the Council of Mortgage Lenders (CML). The mortgage lending was 21% higher than April 2012, but this data is skewed by the end of the stamp duty concession on 24 March, 2012. Under the stamp duty ...

  • Actavis buying Warner Chilcott in $8.5bn deal Actavis buying Warner Chilcott in $8.5bn deal

    WASHINGTON/ DUBLIN - Actavis Inc, the largest US generic drug maker by market value, is acquiring Dublin-based Warner Chilcott in a deal worth $8.5billion (5.6billion pounds) including $3billion net debt, to create the third-biggest specialty pharmaceutical company in the country. Under the deal, Actavis, which itself has been the subject of bid speculation, would be offering $5billion in ...

  • Dhakas rickshaw army - commuters best option

    With a hoot and a honk, meandering through Dhaka's famed traffic snarls, the legion of psychedelic rickshaws that are an essential part of Bangladesh's capital have a new claim to fame - they ferried protestors for free from parts of the city to the site of the revolutionary Shahbag movement during its peak in February and March. Thousands of protesters, mostly youths, had been staging protests ...

  • Morgan Stanley to sell Indian private banking arm to StanChart Morgan Stanley to sell Indian private banking arm to StanChart

    MUMBAI - The UK based Standard Chartered (StanChart) Monday announced plans to acquire the Indian private wealth management business of US multinational financial services firm Morgan Stanley for an undisclosed amount as part of plans to expand operations. The acquisition is subject to regulatory approvals. "Standard Chartered India has agreed to acquire Morgan Stanley's onshore private ...

  • BOJ holds steady despite bond turmoil upgrades economic outlook

    By Stanley White and Leika Kihara TOKYO | Wed May 22, 2013 12:22am EDT TOKYO (Reuters) - The Bank of Japan kept policy steady on Wednesday despite concerns over recent volatility in bond market, saying growth is starting to pick up even as risks loomed from an uncertain global outlook. The central bank upgraded its assessment of the economy, saying it "has started picking up," ...


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Movie Review

The Hitchhiker's Guide to the Galaxy

The Hitchhiker's Guide to the Galaxy

Since the late 1970s, The Hitchhikers' Guide to the Galaxy has appeared in numerous incarnations across every conceivable medium. Originally created by Douglas Adams, a Cambridge graduate and friend of several members of Monty Python, it originated as a 12-part radio series on ... ...

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  • If we pay then big business must also

    22 May 2013 The furore surrounding the fact that big businesses goes to great lengths to reduce its tax bill could be viewed as slightly baffling. It probably hasn't come as a great surprise to anybody with an ounce of business nous ...

  • Profits hike wont prevent Royal Mail move to privatisation

    Graeme Evans bustel@belfasttelegraph.co.uk - 22 May 2013 Royal Mail has unveiled a big jump in profits to 440m as it took another step towards a possible stock market flotation later this ...

  • Fears over inflation despite surprise fall

    David Elliott delliott@belfasttelegraph.co.uk - 22 May 2013 The surprise fall in UK inflation last month doesn't rule out further price rises in the months ahead, according to ...

  • Health and technology could help boost the economy

    Northern Ireland economy, a new report has said.The Economy And Jobs Initiative Task And Finish Group document has said that the health and social care (HSC) sector spends almost 4.5bn annually, provides for 9% of the workforce and generates almost 10% of total economic output.Northern Ireland is already home to pioneering firms like drug discovery company Almac, Heartsine, which pioneered the ...

  • Gordons deal takes health biscuit

    West Ham's chances of signing Liverpool striker Andy Carroll on a permanent deal appear to now rest solely with the player after the two clubs reached agreement on a transfer ...

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