Great Britain

UK Trade Deal With India Hit A Snag

Great Britain's trade deal with India is on a snag as Prime Minister Theresa May travels to India.

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Britain's economic competitiveness pit risk by Brexit

Britain's economic competitiveness is at risk because of the Brexit vote. June 23 referendum will surely affect its current status being on the top for decade, say WEF.

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GSK raises $853 million by halving stake in South African drugmaker

GlaxoSmithKline (GSK.L) has taken profits in Aspen Pharmacare (APNJ.J) by selling half its stake in the South African drugmaker for $853 million, following a long investment in the firm.

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Rivals call for BT break-up in review of UK telecoms sector

Broadband providers Sky and TalkTalk have called on Britain's telecoms regulator to break up BT, the market leader whose network they rely on, in the biggest review of the sector for a decade.

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EE owners confirm takeover talks with BT

EE's German and French owners confirmed on Wednesday they were in talks to sell Britain's biggest mobile network operator to BT (BT.L) as part of a wider review of its options. Fixed-line operator BT said on Monday it was in talks with both Telefonica's (TEF.MC) O2 and a rival operator about buying a mobile business.

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Rolls-Royce finalizes engineering JV with Hispano-Suiza

British engineer Rolls-Royce said on Friday it has finalised a deal to create a joint venture which will design and develop accessory drive train transmissions for all of the company's future civil aircraft engines.

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New Tesco boss likely to sell assets to fund recovery plan

Just six weeks into his job, Tesco (TSCO.L) boss Dave Lewis must look at selling assets in Britain and abroad as he battles to raise funds to pull the world's No.3 grocer out of the deepest crisis in its 95-year history.

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Singapore's SMRT considering $1.3 billion bid for London taxi firm

Singapore public transportation operator SMRT Corp Ltd is considering an 800 million pound ($1.3 billion) takeover bid for unlisted British taxi company Addison Lee, Sky News said on Saturday.

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UK's EE to buy 58 stores from Phones 4u for 2.5 million pounds

Britain's biggest mobile operator EE has agreed to buy 58 stores from retailer Phones 4u [PHONE.UL] for 2.5 million pounds (4 million US dollar), after the retailer was placed in administration a week ago.

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Bruce Willis' Sky broadband commercial gets banned in UK

'Die Hard' star Bruce Willis' television commercial was banned from Britain's airwaves for being misleading.

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Royal baby boy causes boost in copy Kate effect

The delivery of Duchess of Cambridge's royal baby boy was expected to spark baby boom and copy Kate effect within the next few months.

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One Direction expects to rake in more money with 'Best Song Ever'

The British-Irish boy band that was formed in X Factor Britain released the lead track for its new album and already racked up around 9.3 million views on YouTube.

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US President Barack Obama congratulates Royal family of Britain

US President Barack Obama congratulated the royal family of Britain after Kate Middleton's successful delivery of the third in line to the British throne.

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Royal baby's arrival to boost US$360 million on British economy

Prince William and Duchess Kate's first baby boy was born today at 4:24pm local time in the private wing of London's St. Mary's Hospital.

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Severn Trent incurred GBP19 million in costs over Canadian-led takeover approach

Severn Trent Plc spent GBP19 million for counselling, legal and related costs in its buyout approach.

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