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(recasts with comment from chief executive) LONDON (AFX) - Nuclear power generator British Energy Group PLC denied that its chief nuclear boss was leaving due to problems at some of its plants as it said first half adjusted pretax earnings rose 126 pct to 481 mln stg due to higher power prices. Chief executive Bill Coley said it would be "totally incorrect" to assume that chief nuclear ...

AMSTERDAM (AFX) - Amsterdam market data at 10.02 am Major indices AEX 496.04, up 0.05 point AMX Midcap 640.51, down 0.26 point Government bonds broadly lower Major decliners: Oil stocks led fallers amid a further slide in crude prices. SBM Offshore dropped 1.29 pct at 24.50, Royal Dutch Shell gave up 0.76 pct at 27.49, Fugro fell 0.79 pct at 36.35 ASMI shed 1. ...

SAN FRANCISCO (Dow Jones) -- Latin American stocks closed lower Thursday, partly in response to falling oil prices. Brazil's Ibovespa index fell 128.83 points, or 0.3%, to 41,162. Blue-chip oil giant Petroleo Brasileiro (PBR) , or Petrobras, led the slide, with its shares closing 1.7% lower at 43.80 reals, after oil prices fell below $ 57 a barrel. Stock of telecom heavyweight Telemar (TN ...

Asian stocks mostly rose Friday, with Australia's S&P/ASX 200 bouncing back from a week dominated by selling, while share indexes in Taiwan and South Korea were fractionally higher as Taiwan Semiconductor and other chip makers rose on upbeat global demand data. Japanese markets ended lower as concerns over the pace of future interest rate hikes weighed on banks such as Mizuho Financial Grou ...

RETAIL sales rose at their fastest pace for almost a year last month, as customers flocked to clothing stores and shopped online. The Office for National Statistics said sales grew 0.9 per cent, helping the high street to recover from September's 0.4 per cent drop. It was the biggest monthly increase since November last year, and showed tills are still ringing despite higher borrowing costs and  ...

Laing dropped its backing for German firm Allianz after considering the new approach from Henderson, following a proposal announced last week.Henderson is offering Laing shareholders a 5.2 per cent premium on the Allianz proposal, taking the total value of its offer to just over £1bn.Laing shares started the day above the takeover price of 405p yesterday as investors continued to bet on a further  ...

The wireless infrastructure division, which serves organisations such as the BBC and BSkyB, as well as mobile phone operators, will be demerged alongside plans to sell the company's Basslink interconnector in Australia.Better-than-expected half-year results were complemented by a proposal to buy back shares worth $1.9 bn (£1bn).Outlining the next stage of its development, the company said there we ...

Robert Lea, Evening Standard17 November 2006 Poorly performing nuclear generator British Energy today parted company with its chief nuclear officer and a further 100 senior staff in an attempt to shake up the UK's biggest electricity producer. BLEAK PICTURE: Sizewell B is one plant where British Energy hasn't found problems WANT TO KNOW MORE? Nuclear plant 'cracks' hit BE Is there a future for UK nuclear power? OTHER STORIES RTL linked to £5bn move for ITV Mar ...

LONDON (AFX) - UK small caps were slightly firmer in early trade, bucking the easier trend of the wider market, with Cartucho, a developer and manufacturer of ink refill kiosks, scoring a 45 pct gain on the back of a resumption of US installations, dealers said. The FTSE Small Cap index was 0.3 firmer at 3,749.9 by 9.18 am, but the FTSE 100 was 10.8 off at 6,244.1. Among gainers, Cartucho Group  ...

(Updating with further details) LONDON (AFX) - Leading shares fell back in early deals, with further weakness across commodity prices dragging oils and miners lower, offsetting another record-breaking performance by Wall Street last night, dealers said. By 9.05 am, the FTSE 100 index was down 19.3 points at 6,235.6, while the broader indices were also under pressure. Wall Street scored a fifth  ...