Monday 27 April 2015
 
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Britain

Sabic signs deal to use US shale gas at British plant

Saudi Basic Industries Corp (Sabic) has signed a deal to use shale gas from the US at its Teesside petrochemical plant in Britain, acting chief executive Yousef Abdullah Al-Benyan told Reuters on Sunday. "In fact we did sign

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BAE signs $1.3bn warship design deal with Britain

Britain agreed an GPB859 million ($1.32 billion) contract with BAE Systems on Friday, giving the green light to the British defence company to continue with the next phase of design for a new fleet of warships. BAE Systems has bee

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French, US planes strike Islamic State in Iraq, Syria

French fighter jets struck Islamic State targets in Iraq yesterday (September 25), and the United States hit them in Syria, as a US-led coalition to fight the militants gained momentum with an announcement that Britain would join.

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Scotland rejects independence, UK remains intact

Investors in British financial assets breathed a sigh of relief on Friday, spared a prolonged and unprecedented degree of uncertainty from the United Kingdom splitting apart after Scotland voted against independence. Stocks were c

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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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