Reuters: Business News
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05/11/2008 01:19 PMBA seeks chief operations officer LONDON (Reuters) - British Airways is seeking to fill a new role of chief operations officer to replace two executives who quit in the wake of the Heathrow Terminal 5 fiasco.
05/11/2008 11:10 AMVodafone says not pursuing MTN bid LONDON (Reuters) - Vodafone Group , the world's largest mobile phone group by revenue, has no intention of pursuing a bid for the South African company MTN , a spokesman said on Sunday.
05/11/2008 01:20 PMMarks & Spencer's Rose faces tougher challenge LONDON (Reuters) - Stuart Rose, chief executive of retailer Marks and Spencer, will face tough questions when he takes to the stage at the company's annual results event on May 20.
05/11/2008 01:12 PMBT in talks to sell UK data centres to HP LONDON (Reuters) - BT Group is in talks to sell its British data centres to the U.S. computer firm Hewlett-Packard for 1.5 billion pounds, the Sunday Times reported.
05/11/2008 04:08 PMTide may be turning for dollar LONDON (Reuters) - The tide may be turning at last for the U.S. dollar after seven years of decline as policymakers recognise the inflationary threat of an endlessly weakening greenback, whose losses have driven up oil and commodity prices.
05/11/2008 03:55 PMRyanair says plans to halve ticket prices FRANKFURT (Reuters) - Ryanair , Europe's largest budget airline, plans to cut its ticket prices by half despite soaring fuel prices, helping it grow substantially, the company's chief executive told German paper Frankfurter Allgemeine Sonntagszeitung.
05/11/2008 06:29 AMCitigroup eyes selling Japan consumer unit TOKYO (Reuters) - Citigroup is considering selling its Japanese consumer finance company CFJ KK or cutting the unit's business significantly as part of its plans to shed assets, Japanese daily Nikkei reported on Sunday.
05/10/2008 08:42 PMNews Corp drops bid for Newsday NEW YORK (Reuters) - Rupert Murdoch's News Corp on Saturday dropped its $580 million (298 million pounds) for Tribune Co's Newsday newspaper, just days after Murdoch said a deal was imminent, leaving cable television operator Cablevision as the likely winner of the Long Island daily.
05/10/2008 01:48 PMShell pulls out of Iran gas deal LONDON (Reuters) - Oil major Royal Dutch Shell has pulled out of a planned gas project in Iran, after coming under pressure not to participate from U.S. lawmakers who were concerned about Iran's nuclear programme.
05/11/2008 11:55 AMMubadala to turn Abu Dhabi island into business zone ABU DHABI (Reuters) - Mubadala Development, an Abu Dhabi investment arm which manages over $10 billion (5.1 billion pounds) in assets, said on Sunday it will develop an offshore island into a new business district that would house the stock exchange.
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