Last Updated: Sunday, June 7, 2015, 20:53
"The deal restores Sahara`s ability to renegotiate the loan terms with the new lender, or with third parties," it said.
Last Updated: Thursday, June 4, 2015, 18:59
Britain`s newly-elected government on Thursday outlined plans to sell off its remaining stake in the Royal Mail as part of efforts to cut state debt by £4.5 billion ($6.9 billion, 6.1 billion euros).
Last Updated: Thursday, May 28, 2015, 16:14
The TCS-RCA Design Innovation Lab will also act as a showcase centre for leading work from RCA students, TCS customers and partners and as a venue for workshops and industrial events.
Last Updated: Thursday, May 21, 2015, 15:42
British retail sales rose far stronger than expected in April from the previous month, official data showed on Thursday, with customers profiting from falling prices.
Last Updated: Wednesday, May 20, 2015, 21:13
The far-flung settlement included guilty pleas from Barclays Bank, JPMorgan Chase, Citicorp and the Royal Bank of Scotland for conspiring to manipulate the massive currency market, as well as a guilty plea from Switzerland`s UBS, for violating a prior settlement of Libor charges.
Last Updated: Tuesday, May 19, 2015, 14:55
Britain`s annual inflation rate fell to minus 0.1 percent in April, from zero in March, turning negative for the first time since 1960, official data showed Tuesday.
Last Updated: Wednesday, May 13, 2015, 17:17
The number of unemployed dipped 35,000 to 1.83 million people during the first quarter, touching the lowest level since 2008, the Office for National Statistics (ONS) said in a statement.
Last Updated: Tuesday, May 12, 2015, 23:50
Britain has cut its stake in state-rescued Lloyds Banking Group to just under 20 percent after offloading another chunk of shares, the government said Tuesday.
Last Updated: Monday, May 11, 2015, 17:18
The Bank of England on Monday kept its key interest rate at a record low 0.50 percent in the first monetary policy decision since the Conservatives won Britain`s general election.
Last Updated: Friday, May 8, 2015, 13:17
The benchmark FTSE 100 index rallied 2.0% in initial deals to 7,024.37 points.
Last Updated: Friday, May 1, 2015, 13:02
A campaign group has begun a legal process that could lead to Britain`s tax authority facing a judicial review over its failure to take a tougher line with people alleged to have used accounts with an HSBC unit in Switzerland to evade tax.
Last Updated: Friday, May 1, 2015, 07:16
British companies will invest $400 million in Cuba initiatives, in areas that reportedly include agriculture, tourist infrastructure and energy, a business delegation said Thursday.
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