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Germany forced to slash DHL stake by €2.2bn to fix railways - Vimarsana News

Germany forced to slash DHL stake by €2.2bn to fix railways

Germany has been forced to sell off some of its stake in package deliverer DHL as it struggles to improve the country’s rail network amid a budget crisis.

Source: yahoo.com
London open: Stocks dip as UK economy contracts more than expected - Vimarsana News

London open: Stocks dip as UK economy contracts more than expected

London stocks dipped in early trade on Wednesday as investors mulled weaker-than-expected UK GDP data and looked ahead to the latest US inflation reading.

FTSE 100 live: London lower on disappointing GDP data as pound falls to three-month low - Vimarsana News

FTSE 100 live: London lower on disappointing GDP data as pound falls to three-month low

The FTSE's moves come after the UK economy shrunk by more than expected in July, with all sectors of the economy under pressure.

Source: cityam.com
Redrow profits to more than halve on housing market slowdown - Vimarsana News

Redrow profits to more than halve on housing market slowdown

The Flintshire-based firm reported underlying pre-tax profits declined by 4 per cent to £395million for the year ending 2 July as cost inflation exceeded continued house price growth.

FTSE 100 recovers early losses, Looney out - Market Report - Vimarsana News

FTSE 100 recovers early losses, Looney out - Market Report

Good morning from London where the FTSE 100 is moving higher after taking a big hit at the open. The index wasn’t helped by a fall in the value of BP PLC...