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CUK 12,538.00 -322.50 (-2.51%)
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British Gas shares have increased by 12 times in the 25 years since privatisation
Centrica, which sells gas and electricity to UK homes and firms under the trading name of British Gas. It has 12 million customers and a business in the US.
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HMV to launch online film rental service
HMV is entering the highly competitive digital video market with a new online rental service that takes on Apple's iTunes and Teso's Blinkbox.
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UK big banks head list of High Court litigants
The UK's four largest banks represented almost half of all litigation involving FTSE 100 companies listed in the High Court over the past year, according to new research.
Struggling UK retailers squeeze suppliers
Britain's biggest retailers are ratcheting up the pressure on their suppliers as conditions on the UK high street deteriorate.
US lenders review military foreclosures
BofA struck a deal this year with the Department of Justice to resolve a government lawsuit alleging about 160 unlawful foreclosures.
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Fare wars hurt profitability of Brazilian airlines
�We started an airline in Brazil because we really believed there was a lot of pent up demand and fares were too high and the service offering wasn't very good to a lot of cities,� said David Neeleman, the entrepreneur behind Azul and formerly JetBlue ...
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Bumi loan move raises questions for Rothschild
The board of Bumi plc agreed a schedule for liquidating $482m in related-party loans several weeks before Nathaniel Rothschild, the coalminer's co-chairman, called publicly for the same loans to be settled, according to a company statement.
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Endemol set to reject prospective bidders
Endemol and its lenders are set to rebuff recent approaches for the indebted television production group behind Big Brother and Deal or no Deal, and pursue a debt for equity swap.
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Props crack in Rothschild's mine venture
They needed to refinance a $1.35bn loan in short order, possibly by selling their 48 per cent stake in Bumi plc. Instead of turning to Mr Rothschild, they agreed to sell half their stake to Samin Tan, an Indonesian industrialist whom Mr Rothschild has ...
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G20 leaders endorse 'living wills'
Twenty-nine banks are being targeted for capital surcharges and will be required to write �living wills� by the end of 2012 under reforms endorsed by the leaders of the Group of 20 leading economies in Cannes.
Deutsche Bank, BNP, Goldman Sachs Among Banks Facing Extra Capital Buffer  Bloomberg
'Bucket' List: G-20 Panel Names Top Global Banks  Wall Street Journal
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