KNOC snaps up 29.5pc of Dana in dawn raid
The South Korean state oil company's share purchase tightens the noose on its £1.87bn hostile bid for the North Sea oil explorer. telegraph.co.uk |
Boris Johnson forces phone firms to share Tube costs
The UK's biggest mobile phone companies - including Vodafone and O2 - are to share the £100m-plus cost of installing and maintaining a mobile phone signal across the London Underground network after Boris Johnson, the Mayor of London, personally intervened. telegraph.co.uk |
Europe Markets: European shares end mostly up; Bernanke bump fades
Stocks trim gains scored in the wake of a speech by Federal Reserve Chairman Ben Bernanke, with retailers in focus after trading updates from Carrefour and Hennes & Mauritz. feeds.marketwatch.com |
Rupert Murdoch says Republican donations are necessary for change in Washington
Rupert Murdoch has strongly defended News Corp's political donations to Republicans, arguing that there needs to be a "fair amount of change in Washington." telegraph.co.uk |
Whitbread's 'caffeine fuelled' profits soar
The owner of the Costa Coffee chain and Premier Inns hotels remains upbeat as first-half profits jump 43pc. telegraph.co.uk |