Financial News

LONDON (Reuters) - The chief executive of the London Stock Exchange (LSE.L: Quote, Profile, Research) met with her opposite number, and largest shareholder, at Nasdaq Stock Market Inc. (NDAQ.O: Quote, Profile, Research) on Wednesday but takeover talks were not on the agenda, people close to the matter said. "The meeting did happen yesterday in London. It was just a shareholder meeting, there we ...

MOSCOW/LONDON (Reuters) - Shares in Corus Group (CS.L: Quote, Profile, Research) (CS.AS: Quote, Profile, Research) climbed on Thursday following a newspaper report that Russia's richest man, Roman Abramovich, was in talks to buy a stake in the Anglo-Dutch steel maker. Russia's Kommersant business daily quoted unnamed investment banking sources as saying Abramovich, the billionaire owner of Chelsea football club, had started talks with Corus about taking a minority stake in the firm. The news ...

By David Cullen LONDON (Reuters) - United Utilities, Britain's biggest listed water firm, said higher bills helped to drive a 21 percent rise in annual profit on Thursday and that more price rises would underpin growth in future. South West Water owner Pennon Group (PNN.L: Quote, Profile, Research) , also said inflation-beating price hikes bolstered its yearly profit, which leapt by a quarter. Warrington-based United Utilities (UU.L: Quote, Profile, Research) hiked bills at its main North We ...

MOSCOW/LONDON (Reuters) - Shares in Corus Group climbed on Thursday following a newspaper report that Russia's richest man, Roman Abramovich, was in talks to buy a stake in the Anglo-Dutch steel maker. Russia's Kommersant business daily quoted unnamed investment banking sources as saying Abramovich, the billionaire owner of football champions Chelsea, had started talks with Corus (CS.L: Quote, Profile, Research) about taking a minority stake in the firm. The newspaper speculated the deal migh ...

By Rebecca Bream in London and Sarah Laitner in BrusselsPublished: June 1 2006 03:00 | Last updated: June 1 2006 12:02The shareholder revolt against Arcelor's merger with Severstal of Russia gained momentum on Wednesday night after it was claimed that almost one-third of Arcelor shareholders had signed a letter demanding the right to vote on the deal. Luxembourg-based Arcelor's friendly deal with ...

This is Money1 June 2006 CHELSEA Football Club owner Roman Abramovich was today said to be in talks with Corus over buying a stake in the Anglo-Dutch steel firm. ROMAN ABRAMOVICH: A deal would give the billionaire a key stake in Corus while Corus would get cheaper raw materials from Russia OTHER STORIES Banks in pledge to cut charges £2bn water profits but bills will rise Market report: Thursday 09.15 Premiership wages pass their peak Kids' World Cup shirts 'are a  ...

Bill Condie, Evening Standard1 June 2006 CANADIAN copper miner Falconbridge has rejected a C$16.1bn (£7.8bn) all-cash offer by Londonlisted Xstrata for the 80% of the company it does not own. OTHER STORIES Banks in pledge to cut charges £2bn water profits but bills will rise Market report: Thursday preview Kids' World Cup shirts 'are a rip-off' Man Group in good style at & ...

Geoff Foster, Daily Mail1 June 2006 GOSSIP about a £2.5bn summer travel agency merger got dealers hot under the collar. MyTravel climbed to 242½p before closing 8p higher at 238p. OTHER STORIES Market report: Thursday preview Time to take a good look Windfalls 'mask massive losses' Smaller companies report: Weds close Charges can cost you dear THE EDITOR'S TOP TI ...

LONDON (Dow Jones) -- Aeroports de Paris, the state-owned operator of France's largest airports, said it will raise as much as 1.4 billion euros ($1.8 billion) in its initial public offering as the French government pursues its strategy of reducing debt by selling key assets. News of the listing comes just a few months after the French state sold shares of France Telecom, Gaz de Franceand three ...

Lloyds TSB stood out in a quiet London market on Thursday amid talk that the UK’s fifth biggest bank by market value could raise its dividend as early as next year. // Lloyds, one of the highest yielding stocks in the FTSE 100, dined with a dozen or so City analysts on Wednesday night. Although nothing price sensitive was discussed those present came away with renewed confidence that unsecured b ...