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Insurers fret over rising flood risk

Reuters: Personal Finance — 16th Nov 2006, 17:33 GMT

LONDON (Reuters) - Flood cover for UK properties is under threat as predictions that
global warming will cause sea levels to rise are leading insurers to fret over the rising Insurers fret over rising flood risk

Eco-taxes -- bold step or vote loser?

Reuters: Personal Finance — 16th Nov 2006, 17:33 GMT

LONDON (Reuters) - The battle against global warming has moved to the centre of the
political stage with the announcement of a Climate Change Bill, and it could even become Eco-taxes -- bold step or vote loser?

Cadbury says accountants probing Nigeria unit

Reuters: Business — 16th Nov 2006, 17:33 GMT

LONDON (Reuters) - Confectioner and soft drinks group Cadbury Schweppes said on Thursday
that its 50.02 percent-owned subsidiary in Nigeria had appointed independent accountants
to investigate an overstatement of its financial position Cadbury says accountants probing Nigeria unit

EADS denies to surrender full Airbus control

Reuters: Business — 16th Nov 2006, 17:33 GMT

PARIS (Reuters) - European aerospace group EADS denied plans to sell part of its Airbus
planemaker unit to Gulf investors to raise money for a costly new aircraft -- but EADS denies to surrender full Airbus control

Retail sales leap trounces forecasts

Reuters: Business — 16th Nov 2006, 17:33 GMT

LONDON (Reuters) - Retail sales rose at their fastest monthly pace in almost a year in
October, official data showed on Thursday, but price pressures on the high street cooled Retail sales leap trounces forecasts

BT looking to expand in US, India, China

Reuters: Business — 16th Nov 2006, 17:33 GMT

BARCELONA (Reuters) - British telecoms operator BT Group Plc is looking to expand
overseas, particularly in the United States, India and China, the chief executive of its
BT Global Services BT looking to expand in US, India, China

Vodafone says in no hurry to sell Verizon stake

Reuters: Business — 16th Nov 2006, 17:33 GMT

BARCELONA (Reuters) - Vodafone Group Plc said on Thursday it expected strong growth rates
at its U.S. venture Verizon Wireless to be maintained in the near term and it was Vodafone says in no hurry to sell Verizon stake

Reader's Digest agrees to be acquired for $1.6 bln

Reuters: Business — 16th Nov 2006, 17:33 GMT

NEW YORK (Reuters) - Reader's Digest Association Inc., publisher of one of the most
widely-read U.S. magazines, has agreed to be acquired by an investor group for $1.6
billion (847 Reader's Digest agrees to be acquired for $1.6 bln

John Laing recommends Henderson bid

Reuters: Business — 16th Nov 2006, 17:33 GMT

LONDON (Reuters) - Project manager John Laing Plc has decided to back a 950 million pound
bid from fund manager Henderson and withdraw support for a lower offer from German insurer
Allianz John Laing recommends Henderson bid

FTSE hits 5-1/2 year closing high on U.S. data

Reuters: Business — 16th Nov 2006, 17:33 GMT

LONDON (Reuters) - The FTSE 100 index hit a five-and-a-half year closing high on Thursday,
ending up 0.4 percent after a U.S. pricing report eased inflation worries across the
Atlantic FTSE hits 5-1/2 year closing high on U.S. data

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