Saturday 30 August 2014
 
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Britain

UK to give airlines 26.4m free CO2 permits

Britain will hand its airlines 6.6 million free carbon allowances a year to help reduce the cost of meeting their obligations under Europe's Emissions Trading Scheme (ETS) from 2013 to 2016, the government said. The European Union&#

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Co-op Bank loses 38,000 customers after setback

Britain's Co-operative Bank said it lost around 38,000 customers in the first half of 2014, following its near collapse last year and a drugs scandal involving former chairman Paul Flowers. Chief executive Niall Booker said he

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Asking prices for UK homes slump in August

Asking prices for houses in Britain have fallen at the sharpest pace on record for the month of August, led by a drop in London, as the market gets ready for higher interest rates, a survey showed on Monday. Prices of property com

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Russia missile likely downed MH17: UK

Britain accused Russia on Saturday of making false claims about the Malaysian airliner that crashed in eastern Ukraine and said it was "highly likely" it was brought down by a Russian-supplied missile fired from a Russian-backed separa

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Russia missile likely downed MH17: UK

Britain accused Russia on Saturday of making false claims about the Malaysian airliner that crashed in eastern Ukraine and said it was "highly likely" it was brought down by a Russian-supplied missile fired from a Russian-backed separa

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Britain's first Islamic bond draws bumper demand

Britain became the first Western country to sell an Islamic bond on Wednesday, drawing orders of more than 2 billion pounds ($3.39 billion) - over 10 times the planned issue amount. The five-year sukuk issue, intended to raise 200

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M&S unveils new summer collection

Marks & Spencer has unveiled its new summer collection offering - from pretty dresses, structured blazers and cropped trousers in pastels to bright colorful beach maxis - across all its stores in GCC. A member of the Al-Futtaim Grou

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Britain to re-open Tehran embassy

British Foreign Secretary William Hague said on Tuesday Britain plans to re-open its embassy in Iran after it was closed two and a half years ago, saying it would establish a small initial presence in Tehran soon. "I have ...

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Bahrain calls for trade boost with Britain

Bahrain's Premier has called for the need to bolster trade and economic co-operation with Britain.    He urged more joint projects between Bahraini companies and their British counterparts, said a report

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Al Tayyar buys Britain's CTM for $22.6m

Al Tayyar Travel Group Holding has signed an agreement to acquire British company Co-operative Travel Management for 13.5 million pounds ($22.6 million). The deal authorises the Group to a 100 per cent shareholding in CTM, said a

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