Wales News
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Updated 3 hours, 3 minutes ago
The pound fell for a fourth week against the euro as reports showing retail sales unexpectedly declined in April and inflation slowed fueled speculation the Bank of England will expand monetary stimulus.
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Updated 1 hour, 10 minutes ago
The pound declined for a fourth week against the euro as an improvement in German business confidence and speculation the Bank of England will boost stimulus sapped demand for the U.K. currency.
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The start of the second cricket Test between England and New Zealand at Headingley in Leeds has been delayed by rain.
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Updated 30 minutes ago
Bank of England Markets Director Paul Fisher said policy makers must continue to provide support to the British economy as companies and consumers reduce debts and rebuild confidence.
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Australia’s lack of a tune-up match will handicap the Wallabies in next month’s series opener against the British and Irish Lions, according to the country’s top rugby executive.
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Echo Entertainment Group Ltd., holder of Sydney’s only casino license, fell the most on record after rival Crown Ltd. sold its 10 percent stake saying it wanted to end speculation over its intentions.
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Newcrest Mining Ltd., Australia’s biggest gold producer, will get another chance to hold on to an exploration license over 120 square kilometers (30,000 acres) near its fourth-largest mine, after a ruling by judge.
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Crown Ltd., the casino company controlled by billionaire James Packer, hired UBS AG to sell its 10 percent stake in rival Echo Entertainment Group Ltd., according to three people familiar with the situation.
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Updated 3 hours, 13 minutes ago
John Constable’s “Salisbury Cathedral From the Meadows” has been bought for the U.K. for the equivalent of 40 million pounds ($60 million) by a new partnership of galleries, backed by the Heritage Lottery Fund.
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Pennon Group Plc, a U.K. water company, said fiscal full-year profit dropped 1.1 percent as sales shrank at its Viridor waste-management unit.
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