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Rupert Murdoch's News Corporation has withdrawn its $580m (£297m) offer for New York tabloid newspaper Newsday after being outbid by Cablevision. ... Mr Murdoch, who wanted to buy Newsday in part to bolster the fortunes of his continually loss-making New York Post, felt...
Oil fell on Monday, after topping $126 a barrel last week, as the market focused on a stronger U.S. dollar and put aside supply worries for now. ... U.S. light crude for June delivery fell 54 cents to $125.42 a barrel by 7:30 a.m. BST. It struck a new record high of...
Westpac has made an unsolicited offer to buy St. George Bank Ltd to create Australia's second-largest bank. ... Westpac, currently Australia's fourth-largest bank, made the all-share approach on May 9 for St. George, which has a market value of A$14.9bn ($14 billion),...
British Gas insisted today that it had not fully passed on energy price increases to its customers, but gave a thinly veiled warning warned that bills would increase further this year. ... By Angela Monaghan The average energy bill for a British household could rise by as...
High-end smartphone for "power users" on sale in the summer ... The new "top of the line" BlackBerry smartphone is aimed at business professionals and "power users." It is the first BlackBerry smartphone to support tri-band HSDPA high-speed networks around the world and...
TORONTO, May 12 /PRNewswire/ -- - New fund to mark "mobile" as the new frontier Research In Motion (RIM) (TSX: RIM; Nasdaq: RIMM), RBC (RY: TSX; RY: NYSE) and Thomson Reuters (NYSE: T.. - Read more ... TORONTO, May 12 /PRNewswire/ -- - New fund to mark "mobile" as the new...
Factory gate prices and producers' costs rose at a record pace in April, official statistics showed on Monday, as fuel and food costs soared. ... LONDON (Reuters) - Factory gate prices and producers’ costs rose at a record pace in April, official statistics showed on...
Stocks recovered earlier losses on Monday, with Japan rebounding as the yen fell against the dollar and boosted exporters, and Sydney rising 1 percent on optimism over a potential bank takeover. ... Singapore’s main index was up 0.3 percent and Taiwan’s index rose 1...
UN official says Israel's blockade of Gaza is feeding a 'growing sense of injustice' among its population ... Gaza's population has been reduced to a "subhuman existence" where basic humanitarian needs are going unmet in the face of rapidly deteriorating conditions,...
Up to 3,000 more post offices face closure if the Government awards a contract to handle pension and benefit payments to a rival company, it has been claimed. ... The latest fears concern a contract - the Post Office Card Account 2 (Poca2) - which provides a key element...
