Friday, 25th April 2014

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RBS pulls pay proposals after UKFI voices objections - Alert

Fri 25th Apr 14, 08:37

Royal Bank of Scotland Group has withdrawn its plans to propose to shareholders a variable remuneration rate of up to 200 per cent of fixed pay, or two-for-one ratio, after UKFI informed the board that it would vote against the resolution.

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London open: Stocks pull back from seven-week high on Ukraine crisis

UK markets retreated from a seven-week high on Friday morning as rising tensions between Ukraine and Russia dampened risk appetite. 47 minutes ago

Virgin Blue flight to Bali hijacked - Alert

A Virgin Blue airliner travelling to Bali has been hijacked, according to Indonesian broadcaster Metro TV. 53 minutes ago

Europe open: US Secretary of State warns Russia against grave mistake

European stocks started the day lower, with most market commentary leading off with US Secretary of State John Kerry's warning to Russia, overnight, that it would be making a "grave mistake" if it did not stop its provocations in Ukraine. 57 minutes ago

Rotork maintains outlook despite FX and falling order intake

Manufacturing group Rotork said that full-year forecasts remain unchanged despite currency headwinds and lower orders in the first quarter. 1 hour ago

Quindell launches legal action against Gotham City Research

Software and technology outsourcing group Quindell has begun suing a short-seller that questioned its profits. 1 hour ago

Spectris revenues fall as FX provides a drag

Spectris, the industrial instrumentation and controls company, said that currency movements pushed revenues lower in the first quarter, but like-for-like (LFL) sales were ahead of last year. 1 hour ago

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