A Chinese company has been selected to help build the world's first artificial tidal lagoon to generate clean electricity for British homes, the company behind the project said
LONDON, UK: Kingfisher, Europe's biggest home-improvements retailer, said on Wednesday (11 September) that group net profit surged by 70% during the first half of its financial year mainly thanks to an exceptional tax gain.
LONDON, UK: Global aerospace and defence (A&D) merger and acquisition (M&A) value reached a record level in 2011, according to Mission Control, a quarterly analysis of M&A activity in the global A&D sector by PwC.
The continued recovery of the UK commercial property market, coupled with the strengthening of the rand relative to pounds sterling, has presented South African investors with a unique opportunity to invest in the UK while capitalising on the recovery cycle.
LONDON, UK: PwC research finds that industries such as the outsourcing market could help alleviate potential combined public and private sector job losses due to public sector spending cuts and that public sector spending cuts could reduce private sector gross output by around £46 billion (about R500 billion) per annum by 2014/15.