Two European scientists won the Nobel Prize in Physics for describing the Higgs boson, a theoretical particle that may explain where mass comes from and advances man’s understanding of how the world is constructed.
AEI Cables, which produces cables for the defense and civil-engineering industries, is eliminating more than 120 jobs at a plant near Newcastle upon Tyne, England, the British Broadcasting Corp. reported, citing labor leaders.
Richard Branson’s Virgin Group has settled for a minority role in a joint venture bidding to run Britain’s East Coast rail route, with long-term partner Stagecoach Group Plc taking a controlling stake.
Greggs Plc, the U.K.’s biggest bakery chain, advanced the most in almost seven months after saying that sales growth accelerated in the fiscal third quarter as it sold more meal deals and breakfast items.
General Electric Co. agreed to buy Wellstream Holdings Plc , a U.K.-based oilfield-services provider focused on Brazil, for 800 million pounds ($1.3 billion) in the company’s second purchase in the industry this year.