Sky News
A pair of former Virgin Media executives are this weekend on the verge of tying up a €650m (£460m) takeover of one of the leading telecoms groups in northern Spain. Sky News has learnt that Zegona, an investment vehicle which listed on the London Stock Exchange's junior market earlier this year, is close to buying Telecable from the private...

Sky News
Bookmakers Ladbrokes and Coral have agreed a merger, but the deal will have to overcome regulatory scrutiny concerning its potential market dominance. The combined operation is expected to eclipse William Hill as the biggest bookmaker in the UK. However it is widely expected that the Competition and Markets Authority (CMA) may force the new company into disposing of up...

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By By Mark Kleinman, City Editor Some of Britain's biggest banks are in line to land bigger-than-expected windfalls from negotiations about a takeover of Visa Europe that could value the payments company at more than £13bn. Sky News has learnt that the lenders which control Visa Europe are discussing a scenario that would force Visa Inc to make an...

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Vodafone's latest trading update shows that the slowdown in European sales is easing, as it announces complete 4G coverage in London. Overall revenue grew 0.8% in the three months to 30 June, with European revenue falling 1.5%. This is a marked improvement from March when it announced that full-year European revenues had fallen nearly 5%.  Its European 4G coverage reached...

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Anglo American has announced it will cut 6,000 jobs as it reported heavy losses on the back of plunging commodity prices. The FTSE-100 listed company, the largest platinum miner in the world, says it will make savings totalling $500m (£323m) by shedding "overhead and other indirect roles". It reported a 36% fall in underlying earnings, which translated to a...

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Visa's chief executive says FIFA cannot deliver any meaningful reforms until Sepp Blatter has left his position. Mr Blatter has insisted he will remain president of world football's governing body until his successor is elected in February next year. In June, he said he was resigning after the FBI charged 14 people with racketeering in a global investigation, including 10...

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By Emma Birchley, East of England Correspondent As many as 54,000 new mothers a year are being forced out of their jobs by discriminatory employers who treat them differently once they have a baby. New research by the Equality and Human Rights Commission has revealed that 11% of the women questioned had been dismissed, made redundant or treated so...

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UK car manufacturers achieved their best production since 2008 in the first six months of the year, according to industry figures. The Society of Motor Manufacturers and Traders (SMMT) said 793,642 vehicles were made - an increase of 0.3% on the same half-year period last year. It meant, the body said, that three cars were built in the UK...

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Tot up the market values of Tesco, Sainsbury's and ITV: that's how much was wiped off Apple's share price in after-hours trading on Tuesday night - around $53bn (£34bn). Or, put in tech company terms: two Twitters. It's still only a 7% fall for the iPhone maker, but the share slide followed an impressive set of third quarter results....

Sky News
By Ian King, Business Presenter National newspapers do not come up for sale very often, let alone the Financial Times, which last changed hands as long ago as 1957. Accordingly, there has been enormous interest in the revered title’s sale by Pearson to Nikkei, the Japanese media business group. Enormous and feverish: the FT’s own website was, only an...

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