GVC Holdings Plc, a provider of B2B and B2C services to the online gaming and sports betting markets, Friday said it has reached agreement on the terms of a recommended offer to acquire bwin.party digital entertainment Plc. (BPTY.L) for about 1.116 billion pounds.
British services sector expanded at its weakest rate in over two years casting doubt about sustainability of economic growth into third quarter, a closely watched survey revealed Thursday. The services Purchasing Managers' Index dropped to 55.6, which was the weakest score since May 2013, survey results from Markit Economics and the Chartered Institute of Procurement & Supply showed.
British construction sector sustained its robust growth in August, albeit at a slower pace, with continued boost from the housing sector and new impetus from the commercial sector. The seasonally adjusted Markit/CIPS UK Construction Purchasing Managers' Index rose to 57.3 from 57.1 in July, survey results from the Chartered Institute of Procurement and Supply and Markit Economics revealed.
Eleven countries and the European Union have reaffirmed their commitment to take urgent action to slow the pace of warming in the Arctic, focusing on actions that impact the global atmosphere as well as the Arctic itself. The commitment was made by the United States, France, Germany, Italy, Japan, South Korea, Netherlands, Poland, Singapore, Spain, United Kingdom, and European Union at the GLACI
British manufacturing expansion slowed in August, defying expectations for a modest improvement, survey figures from the Chartered Institute of Procurement & Supply and Markit Economics showed Tuesday. The purchasing managers' index fell to 51.5 from 51.9 in July. Economists had expected a score of 52. A PMI reading above 50 suggests expanding activity.