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Latest Pound sterling Stories

2008-12-29 14:13:12

The tumbling dollar has undermined the lifestyle U.S. expatriates in Europe and the price of doing business on the continent. The dollar has fallen about 50 percent against the euro since 2000, forcing Fulbright scholar Francesca DeMeo of Massachusetts to drastically scale back her dream of living luxuriously in Paris, where she moved in 2007, The Boston Globe reported Monday. I avoid at all cost using my dollars from my American bank account, said DeMeo who moved from an apartment to a...

2008-12-29 09:07:00

SAINT PAUL, Minn., Dec. 29 /PRNewswire/ -- Second Harvest Heartland, the Upper Midwest's largest hunger relief organization, today announced a new partnership with Feeding America, General Mills and NBC's "The Biggest Loser." Through the Pound For Pound Challenge, for every pound participating dieters in Minnesota and western Wisconsin pledge to lose in the new year, General Mills will donate 10 cents to Second Harvest Heartland -- enough to provide one pound of groceries to someone in...

2008-12-19 13:14:40

A Bank of England official said that cuts in the bank's key lending rate to near zero were a possibility. We have to recognize that (zero interest rates are) a possibility, the bank's deputy governor, Charlie Bean, said. The bank rate is still at 2 percent, so we have some margin to go yet, but of course we may find ourselves getting them all the way to near zero, he said, the Telegraph reported Friday. A cut to near zero would match steps made in the United States, where the Federal Reserve...

2008-11-06 21:00:16

VANCOUVER, Nov. 6 /PRNewswire-FirstCall/ -- Taseko Mines Limited (TSX: TKO; AMEX: TGB) ("Taseko" or the "Company") reports the results for the twelve months ended September 30, 2008. This release should be read with the Company's Financial Statements and Management Discussion & Analysis, available at http://www.tasekomines.com/ and filed on http://www.sedar.com/. Currency is Canadian dollars unless otherwise indicated. The Company reported an operating profit of $68.5 million and net...

2008-11-06 18:00:14

TORONTO, Nov. 6 /PRNewswire-FirstCall/ -- Overview (all in U.S. dollars): - A significant rise in molybdenum sales in the third quarter resulted in record quarterly net income of $100.6 million or $0.80 per basic and $0.74 per diluted common share in the third quarter, up 66.6% from $60.4 million or $0.52 per basic and $0.45 per diluted common share in the second quarter of 2008. - Third-quarter net income was approximately four times higher than the...

2008-10-28 09:00:25

Reportlinker.com announces that a new market research report related to the Sports - Diet - Nutrition industry is available in its catalogue. Low-Fat and Low-Sugar Foods http://www.reportlinker.com/p096512/Low-Fat-and-Low-Sugar-Foods.html The low-fat and reduced-sugar foods market increased by 6.7% in value in 2007, up from a 4.7% rise in 2006. This is likely to be linked to continuing government messages regarding healthier eating and a healthier lifestyle, necessitated by the clear...

2008-10-21 09:00:37

Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX): HIGHLIGHTS -- Net income applicable to common stock for third-quarter 2008 totaled $523 million, $1.31 per share, compared with $775 million, $1.87 per share, for third-quarter 2007. Net income applicable to common stock for the first nine months of 2008 totaled $2.6 billion, $6.20 per share, compared with $2.4 billion, $6.58 per share, for the first nine months of 2007. -- Consolidated sales from mines for third-quarter...

2008-09-11 00:00:25

Petrol prices are still too high and the drop in the price of oil is not being passed on to motorists, the head of a leading motoring organisation has said. AA president Edmund King said prices were two pence higher than they should be and that oil companies had been "too slow" in passing the drop in the oil price on to customers. He told ITV news: "One element is the pound is weaker against the dollar but that doesn't account for it all, it only counts for about 10 per cent. "Oil...

2008-09-01 18:00:09

A DOCTOR Who Dalek toy which cost 50p in 1965 has been sold for pounds 1,500 to a UK sci-fi collector on an internet auction site. (c) 2008 Daily Mirror. Provided by ProQuest LLC. All rights Reserved.

2008-08-25 12:01:19

By Eddie Barnes THE NHS is facing cuts of GBP 85m over the coming year because soaring inflation will outstrip the extra cash being ploughed in by ministers, Labour chiefs are warning. With inflation projected to rise by 4.4 per cent, Labour says the 3.15 per cent increase in funding awarded by SNP ministers will mean real cuts across the board. It claims patients will suffer as a result, as hospitals are forced to find savings. The SNP described the claims as "absurd and...