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John Lewis Staff To Share £151m Bonus Pot
Thu, 11 Mar 2010 11:46:00 GMTJohn Lewis Staff To Share £151m Bonus Pot © Sky News 2010 All John Lewis employees are to receive a bonus equivalent to eight weeks' pay after the group announced pre-tax annual earnings of £306.6m. The figure represents a 9.7% rise in profits (read full story)
Liverpool News: John Lewis staff share £151.3m bonus as profits and sales rise
Thu, 11 Mar 2010 11:46:00 GMTJOHN Lewis staff are to be rewarded with bonuses worth nearly eight weeks wages after profits jumped at the department store group. (read full story)
BP wins foothold in Brazil with $7 bln deal
Thu, 11 Mar 2010 11:45:00 GMTLONDON (AFP) British oil giant BP on Thursday unveiled a major strategic deal that will hand it further assets in Azerbaijan and the Gulf of Mexico and its first foothold in Brazil. The London-listed firm will pay US firm Devon Energy 7.0 billion (read full story)
HSBC launches 1.99% discount mortgage
Thu, 11 Mar 2010 11:44:00 GMTSmaller arrangement fee means HSBC's discount mortgage is market leader HSBC is offering a market beating discount mortgage with a rate of 1.99% from Monday. The loan, set at a discount of 1.95% from its standard variable rate (SVR) of 3.94% for two (read full story)
BA call centre worker in court on terror charges
Thu, 11 Mar 2010 11:44:00 GMTPaul Cheston, Courts Correspondent A man who worked at a British Airways call centre will appear in court today accused of terrorist offences. Rajib Karim, 30, of Newcastle upon Tyne, was arrested by officers from Scotland Yard's counter-terrorism (read full story)
Barclays May Be Shopping for a U.S. Bank
Thu, 11 Mar 2010 11:44:00 GMTBy Paul Ausick, Contributing Editor, InvestorPlace It's no secret that Barclays (BCS) and its London parent made out like bandits when the bank purchased the U.S. operations of then-imploding Lehman Brothers. Now, there are reports that the bank is (read full story)
HSBC says Swiss data theft affects 24,000 accounts (Reuters)
Thu, 11 Mar 2010 11:43:00 GMTExtract not available. (read full story)
2nd UPDATE BP Buys Into Deepwater Brazil In $7 Billion... (DJ)
Thu, 11 Mar 2010 11:43:00 GMTExtract not available. (read full story)
Tesco Names Former Sainsbury Executive Jones As New... (DJ)
Thu, 11 Mar 2010 11:43:00 GMTTesco Names Former Sainsbury Executive Jones As New Clothing Chief LONDON -(Dow Jones)- U.K. retail giant Tesco PLC (TSCO.LN) Thursday said it has appointed former J Sainsbury PLC (SBRY.LN) executive Richard Jones as its new clothing chief, replacing (read full story)
BP to pay Devon $7 billion for oil fields (Reuters)
Thu, 11 Mar 2010 11:43:00 GMT24/09 BP America President: Alternative Fuels… (DJ - 15h46) 24/09 US Refinery Status: Valero Shuts Corpus… (DJ - 14h45) 24/09 US Refinery Status: Valero Shuts Corpus… (DJ - 14h45) 24/09 US Jobless Claims -21K To 530K In Sept 19… (DJ - 14h45) (read full story)
Scottish News: Scottish Power cuts gas prices
Thu, 11 Mar 2010 11:43:00 GMTEnergy provider Scottish Power has said it would cut gas bills by an average of 8% from March 31. The group is the last of the "big six" energy providers to reduce its gas tariffs this year as firms respond to sharply lower wholesale energy prices. (read full story)
BP acquires assets in Brazil for $7bn
Thu, 11 Mar 2010 11:42:00 GMTBP, the oil company, has acquired a string of assets in Brazil from Devon Energy, a US company, in a $7 billion (4.2 billion) deal that has placed it at the centre of one of the most promising regions in the world for oil exploration. The purchase, (read full story)
BP to pay $7 bln for Devon Energy assets (AFP)
Thu, 11 Mar 2010 11:42:00 GMTLONDON (AFP) - British oil giant BP said Thursday it would pay US firm Devon Energy 7.0 billion dollars (5.1 billion euros) for assets in Brazil, Azerbaijan and the Gulf of Mexico. "BP today announced a transaction that will deliver a material (read full story)
15% staff bonuses as John Lewis profits top £300m
Thu, 11 Mar 2010 11:41:00 GMTJohn Lewis staff are to be rewarded with bonuses worth nearly eight weeks wages after profits jumped at the department store group. The firm, which also owns Waitrose supermarkets, posted a 9.7% rise in profits before tax and bonuses of £306.6m for the (read full story)
Gold May Decline a Fourth Day in London on China Economy Data
Thu, 11 Mar 2010 11:41:00 GMTMarch 11 -- Gold, little changed in London today, may decline for a fourth day after China's inflation and industrial output accelerated, adding pressure on the government to pare stimulus measures. (read full story)
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