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Business News for 25 October 2007

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Friends unite against rivals

Oct 25 2007

MERGER partners Friends Provident and Resolution have sought to head off rival suitors by promising £1bn for shareholders next year. The insurers announced the proposed return of capital on the eve of the deadline for Standard Life and Pearl to say whether they intended to bid for Resolution, which is the UK’s biggest manager of closed life funds....

Carlsburg denies venture breach claim

Oct 25 2007

DANISH brewer Carlsberg has denied claims from Scottish & Newcastle that it has breached the terms of a joint venture between the two companies. ...

£4m investment hot off presses

Oct 25 2007

APRINTING firm plans to increase its turnover by 40% following a £4m investment to improve its facilities....

Cable firm steps up Down Under

Oct 25 2007

ACABLE manufacturer has stepped up its global growth drive by extending its reach Down Under....

Fears for jobs as drug giant cuts back £700m

Oct 25 2007

A CLOUD is hanging over thousands of North workers after drug giant GlaxoSmithKline warned of plans to cut jobs as it battles to save £700m....

Harry Potter halo makes Amazon sales glow

Oct 25 2007

THE final Harry Potter novel and music from Amy Winehouse were UK bestsellers for online shopping group Amazon as the company posted healthy sales....

The latest shipping news

Oct 25 2007

Today: Skantic, Invergordon; Bahia, Kokkola; Evie PG, Gothenburg; Alcedo, Tyne....

Get wise to waste rules

Oct 25 2007

TEES Valley firms have been warned to wise up to new waste rules - or face paying significantly more to dispose of their rubbish....

MPs seek answers over Northern Rock

Oct 25 2007

CHANCELLOR Alistair Darling and Treasury officials will be grilled by MPs today over Northern Rock....

Andrew on a voyage of discovery with BoRIS the robot

Oct 25 2007

AN entrepreneurial inventor hopes to increase safety on the high seas with a robot that can check for defects on ships and oil rigs....

New icon takes off with Darchem help

Oct 25 2007

ANOTHER chapter of aviation history was written today as the world’s biggest passenger plane, the Airbus A380 superjumbo, completed its first commercial flight....