http://uk.mobile.reuters.com Copyright 2008 Reuters en-us Mon, 08 Sep 2008 02:31:42 +0100 http://uk.mobile.reuters.com/mobile/images/small/logo.png http://uk.mobile.reuters.com/mobile/m/Category/eUK/CSASUK?src=RSS-SASUK http://uk.mobile.reuters.com/mobile/m/FullArticle/eUK/CSASUK/nStocksNews_uUKARO52504820080905?src=RSS-SASUK LONDON (Reuters) - Utilities will likely escape a tax on profits they make from a European Union carbon trading scheme -- but the issue has sparked fierce debate about the size of windfalls and how utilities spend them. Fri, 05 Sep 2008 08:09:01 +0000 2008-09-05T080901Z_01_ARO525048_RTRUKOC_0_CARBON-BRITAIN-TAX.xml http://uk.mobile.reuters.com/mobile/m/FullArticle/eUK/CSASUK/nStocksNews_uUKARO52778120080905?src=RSS-SASUK NEW YORK (Reuters) - The dollar's month-long rally against its major rivals, prompted by signs of widespread economic weakness outside the United States, carries a sting in the tail for U.S. companies with exposure to overseas markets. Fri, 05 Sep 2008 07:44:09 +0000 2008-09-05T074409Z_01_ARO527781_RTRUKOC_0_MARKETS-FOREX-HEDGING.xml http://uk.mobile.reuters.com/mobile/m/FullArticle/eUK/CSASUK/nStocksNews_uUKARO52515320080905?src=RSS-SASUK NEW YORK (Reuters) - As a historic commodity market rally peaked, investors rushed for shelter into inflation-protected bonds -- an investment that now looks a lot less alluring. Fri, 05 Sep 2008 06:59:43 +0000 2008-09-05T065943Z_01_ARO525153_RTRUKOC_0_MARKETS-INFLATION-TIPS.xml http://uk.mobile.reuters.com/mobile/m/FullArticle/eUK/CSASUK/nStocksNews_uUKZWE45285520080904?src=RSS-SASUK SINGAPORE (Reuters) - Sovereign funds have invested $25.5 billion (14.4 billion pounds) so far this year to buy stakes in global companies such as Citigroup <C.N> and Merrill Lynch <MER.N>, up 66 percent from a year earlier, Thomson Reuters data showed on Thursday. Thu, 04 Sep 2008 14:44:14 +0000 2008-09-04T144414Z_01_ZWE452855_RTRUKOC_0_SOVEREIGN-FUNDS.xml http://uk.mobile.reuters.com/mobile/m/FullArticle/eUK/CSASUK/nStocksNews_uUKARO52494520080905?src=RSS-SASUK DUBAI (Reuters) - The case for Gulf oil producers to switch to flexible exchange rates to fight high inflation and strengthen their currencies will not go away even as the U.S. dollar's rebound buys them time to rethink their dollar pegs. Fri, 05 Sep 2008 06:56:06 +0000 2008-09-05T065606Z_01_ARO524945_RTRUKOC_0_GULF-DOLLARPEGS.xml http://uk.mobile.reuters.com/mobile/m/FullArticle/eUK/CSASUK/nStocksNews_uUKARO44760020080904?src=RSS-SASUK LONDON (Reuters) - Shares in some healthcare companies have taken a knock in the past year, but investors see value in a sector that enjoys a growing customer base and solid government funding. Thu, 04 Sep 2008 13:14:00 +0000 2008-09-04T131400Z_01_ARO447600_RTRUKOC_0_HEALTHCARE-BRITAIN.xml http://uk.mobile.reuters.com/mobile/m/FullArticle/eUK/CSASUK/nStocksNews_uUKARO42814720080904?src=RSS-SASUK LONDON (Reuters) - Lonmin will struggle to attract a white knight to rescue it from a hostile $10 billion (5.6 billion pounds) offer, but even without a rival, suitor Xstrata could sweeten its bid to get a recommendation and quicken competition reviews. Thu, 04 Sep 2008 07:54:19 +0000 2008-09-04T075419Z_01_ARO428147_RTRUKOC_0_ANALYSIS-LONMIN.xml http://uk.mobile.reuters.com/mobile/m/FullArticle/eUK/CSASUK/nStocksNews_uUKARO42676720080904?src=RSS-SASUK LONDON (Reuters) - If the dollar's decline is over and about to give way to a prolonged upswing, there will be one group of influential market players unlikely to jump on the bandwagon: central banks. Thu, 04 Sep 2008 07:34:35 +0000 2008-09-04T073435Z_01_ARO426767_RTRUKOC_0_MARKETS-FX-RESERVES.xml http://uk.mobile.reuters.com/mobile/m/FullArticle/eUK/CSASUK/nStocksNews_uUKARO53270420080905?src=RSS-SASUK NEW YORK (Reuters) - Lehman Brothers faces painful decisions ahead of its expected announcement of another big quarterly loss later this month. Fri, 05 Sep 2008 09:05:51 +0000 2008-09-05T090551Z_01_ARO532704_RTRUKOC_0_DEALTALK-LEHMAN.xml http://uk.mobile.reuters.com/mobile/m/FullArticle/eUK/CSASUK/nStocksNews_uUKARO52454720080905?src=RSS-SASUK LONDON (Reuters) - Here are the business headlines from Friday's newspapers. Financial Times BROWN LOSES BATTLE OVER ENERGY REBATE Fri, 05 Sep 2008 06:51:18 +0000 2008-09-05T065118Z_01_ARO524547_RTRUKOC_0_ROUNDUP-05092008.xml http://uk.mobile.reuters.com/mobile/m/FullArticle/eUK/CSASUK/nStocksNews_uUKARO52912720080905?src=RSS-SASUK LONDON (Reuters) - The global economy contracted for the third consecutive month in August, and while the pace of contraction was slower than July, the outlook remained gloomy, a survey showed on Thursday. Fri, 05 Sep 2008 08:08:28 +0000 2008-09-05T080828Z_01_ARO529127_RTRUKOC_0_SERVICES-PMI-GLOBAL.xml http://uk.mobile.reuters.com/mobile/m/FullArticle/eUK/CSASUK/nStocksNews_uUKARO52721420080905?src=RSS-SASUK LONDON (Reuters) - Britain's plan to cut taxes and offer incentives to first-time buyers is sure to fail and smells a bit of Ponzi. Fri, 05 Sep 2008 07:33:46 +0000 2008-09-05T073346Z_01_ARO527214_RTRUKOC_0_COLUMN-MARKETS-UKHOUSING.xml http://uk.mobile.reuters.com/mobile/m/FullArticle/eUK/CSASUK/nStocksNews_uUKARO45117020080904?src=RSS-SASUK NEW DELHI (Reuters) - India approved 17 foreign investment proposals worth 18.44 billion rupees, including that in telecoms tower firm Quipo Telecom Infrastructure Ltd, the finance ministry said on Thursday. Thu, 04 Sep 2008 14:13:54 +0000 2008-09-04T141354Z_01_ARO451170_RTRUKOC_0_INDIA-INVESTMENT-FDI.xml http://uk.mobile.reuters.com/mobile/m/FullArticle/eUK/CSASUK/nStocksNews_uUKARO44202620080904?src=RSS-SASUK GEOJE, South Korea (Reuters) - Day and night on this tiny island at the southern tip of the Korean peninsula, workers at Samsung Heavy Industries' overcrowded shipyard assemble giant steel blocks into huge cargo carriers and oil drillships. Thu, 04 Sep 2008 11:40:40 +0000 2008-09-04T114040Z_01_ARO442026_RTRUKOC_0_SHIPBUILDING-ACQUISITIONS-REFILE.xml http://uk.mobile.reuters.com/mobile/m/FullArticle/eUK/CSASUK/nStocksNews_uUKARO44151520080904?src=RSS-SASUK LONDON (Reuters) - The Bank of England left interest rates on hold at 5.0 percent for a fifth month running on Thursday, but most economists expect sharp cuts next year. Thu, 04 Sep 2008 12:49:07 +0000 2008-09-04T124907Z_01_ARO441515_RTRUKOC_0_BANK-OF-ENGLAND-HOLDS-RATES-STEADY.xml http://uk.mobile.reuters.com/mobile/m/FullArticle/eUK/CSASUK/nStocksNews_uUKARO43875320080904?src=RSS-SASUK HONG KONG (Reuters) - Pakistan will probably avoid the sovereign debt default that markets increasingly expect, even though the country faces more downgrades to its credit rating as it grapples with dwindling reserves and a sliding currency. Thu, 04 Sep 2008 10:46:21 +0000 2008-09-04T104621Z_01_ARO438753_RTRUKOC_0_PAKISTAN-DEBT-DEFAULT.xml http://uk.mobile.reuters.com/mobile/m/FullArticle/eUK/CSASUK/nStocksNews_uUKARO33143420080904?src=RSS-SASUK LONDON (Reuters) - The Bank of England looks set to keep interest rates at 5 percent for a fifth month running on Thursday but expectations are rising that a stuttering economy will force it to cut rates before the end of the year. Thu, 04 Sep 2008 08:57:56 +0000 2008-09-04T085756Z_01_ARO331434_RTRUKOC_0_BRITAIN-BANK.xml http://uk.mobile.reuters.com/mobile/m/FullArticle/eUK/CSASUK/nStocksNews_uUKARO43142920080904?src=RSS-SASUK CHICAGO (Reuters) - Oil still costs too darn much. Crude has fallen more than 25 percent to below $110 per barrel from its all-time highs, and some economists even predict it could dip to $80 within months. Thu, 04 Sep 2008 08:45:09 +0000 2008-09-04T084509Z_01_ARO431429_RTRUKOC_0_OIL-ECONOMY-USA.xml http://uk.mobile.reuters.com/mobile/m/FullArticle/eUK/CSASUK/nStocksNews_uUKARO42936420080904?src=RSS-SASUK BEIJING (Reuters) - The only thing to fear in the slowing Chinese economy may be excessive fear of a slowdown itself. Thu, 04 Sep 2008 08:15:23 +0000 2008-09-04T081523Z_01_ARO429364_RTRUKOC_0_CHINA-ECONOMY-FEAR.xml http://uk.mobile.reuters.com/mobile/m/FullArticle/eUK/CSASUK/nStocksNews_uUKARO34676420080903?src=RSS-SASUK LONDON (Reuters) - The outlook for cable is grim and sterling will weaken further from this week's lows against the dollar in the coming year as fears about a worsening economy persist, analysts predicted in a Reuters poll. Wed, 03 Sep 2008 13:01:33 +0000 2008-09-03T130133Z_01_ARO346764_RTRUKOC_0_MARKETS-FOREX-STERLING-POLL.xml