News archive from 14 January 2014, page 7

Chinese military ordered to buy locally-made vehicles

Xi, who became Communist Party chief in November 2012 and also serves as president and top military leader as head of the Central Military Commission, has launched a government-wide drive to encourage frugality and fight corruption. Government...


U.S. journalist says he has been expelled from Russia

His treatment could fuel concern about human rights before next month's Winter Olympics although it follows the release of the country's most famous prisoner, Mikhail Khodorkovsky, and members of the Pussy Riot protest group. Asked on Twitter about...


Exclusive - NASDAQ, S&P eye acquisitions to build index businesses

Both Nasdaq Chief Executive Robert Greifeld and S&P Dow Jones Indices Chief Executive Alex Matturri told Reuters in recent interviews that they would be interested in looking at bidding on index businesses that come to market, including the index...

Reuters, 07:04 in Business
Uncle; The Great Sport Relief Bake Off – TV review

Uncle; The Great Sport Relief Bake Off – TV review

Nick Helm And Elliot Spencer Gillot In Uncle. Photograph: Des Willie/BBC/Baby Cow/Des Willie Nephews. I've got a few of them myself, as it happens. When are their birthdays? You've got me there. I know one's is exactly one week after mine. Or exactly...

Guardian, 07:07 in Showbiz

Smokers more worried about their looks than their health: Half who gave up or intend to did so because of...

6 View comments For smokers, it turns out that vanity is far more important than the impact on their health. Asked about their health concerns, most said they were more worried about the effect smoking has on their looks than about whether they might...

Daily Mail, 07:20 in Health

AstraZeneca sees 2017 revenue in line with 2013 level

The group has particularly high hopes for its cancer research, where it has started trials for immunotherapy combination treatments for which the first results are anticipated in 2014/2015. (Reporting by Ben Hirschler; Editing by Mark Potter)

Reuters, 07:24 in Business

Charter takes rejected Time Warner Cable bid to investors

Charter, the No. 4 cable operator, proposed paying $132.50 per share - barely higher than where Time Warner Cable shares closed on Monday - consisting of around $83 per share in cash and its own stock. Monday's offer is the boldest sign yet that cable...

Reuters, 07:24 in Business

Bentley eyes ultra-exclusive auto collectors' segment

"There is a trend toward greater individualization and collectibles, a limited run of a particular model," Rose said in an interview at the Detroit auto show. "We think there is room for one or two models or derivatives which take us in...

Reuters, 07:24 in Business
Egyptians Begin Voting On New Constitution

Egyptians Begin Voting On New Constitution

Voting on Egypt's new constitution is underway, the first ballot since the military ousted Preisdent Mohamed Morsi last year. A yes vote is expected and the result could encourage a bid for the presidency by the head of the army, General Abdel Fattah...


Japan service sector sentiment improves in December

The outlook index, indicating the level of confidence in future conditions, was at 54.7 edging down from 54.8 in the previous month, the survey showed. The Cabinet Office tweaked its view on the survey, saying the economy is recovering gradually. It...

Reuters, 07:32 in Business

France's Barnier says ready to run EU Commission

He said that, if chosen, his priorities would be furthering EU policy in the areas of industrial strategy, infrastructure, the single market, security and immigration. Voters across the 28-nation European Union vote in late May to elect a new European...


Moss Bros to beat profit forecasts after Christmas sales surge

"The improved sales performance and continued strong cost management and rigorous clearance of stock, means that we will finish 2013/14 ahead of market expectations," the firm's Chief Executive Brian Brick said in a statement on Tuesday....

Reuters, 07:38 in Business

Ashmore suffers outflows as clients exit emerging markets

Ashmore said clients withdrew money from blended and external debt, as well as equities and multi-strategy themes. "Market performance and, to some extent, investor behaviour during the quarter continued to be influenced by uncertainty...

Reuters, 07:38 in Business

Cobham says aerospace unit boss to leave

(Reporting by Sarah Young; Editing by Brenda Goh)

Reuters, 07:42 in Business
Charter Bids $62bn For Time Warner Cable

Charter Bids $62bn For Time Warner Cable

Cable TV operator Charter Communications is planning to go direct to shareholders of Time Warner Cable in a bid to buy its larger rival in a deal worth over $62bn (£38bn), when debt is included. The company said it was prepared to make an offer to...


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