bhs, balfour beatty, bt: business news in brief 17 august 2016 - rate air purifiers

After the remaining 57 stores in the department store will remain open longer than planned, thousands of BHS employees have been suspended.
The administrator of the retailer set the deadline for the closure of all stores as August 20, but this date has been temporarily extended to August 28, which may also be postponed.
Duff & Phelps and FRP Advisory will keep the store open until the inventory runs out as they want to get the most out of return.
Workers will continue to be paid before the store closes, after which they will be laid off.
In recent weeks, managers have supervised the closure of 106 stores, most recently the Oxford Street flagship store on BHS Saturday.
The collapse of the company in April affected 11,000 jobs and 22,000 of pensions, triggering a long parliamentary investigation,
Previous owner profile that may face criminal investigation.
The retail billionaire, Sir Philip Green, was the first to bear the brunt of the public's aftermath, and was called "an unacceptable face of capitalism" by members of Congress ".
Sir Philip, who owned the BHS for 15 years, sold it to Dominique Chapel, who went bankrupt in 2015 for £ 1.
Sir Philip was attacked for receiving more than £ 400 in dividends from the chain, leaving a £ 571 pension deficit and selling it to someone with no retail experience.
Frank Field, a senior Labor MP, asked for serious fraud (SFO)
A formal investigation into the couple was conducted to determine whether any criminal acts occurred during the sale of chain stores and during their respective ownership periods.
The PAUK construction giant Balfour Beatty won $697 (£524m)
A52-electricity contract
California railroad miles long
The work represents the company's largest contract ever in the United States and will pave the way for topics people are talking about
High West Coast-
The high-speed railway between San Francisco and San Jose.
The route carries about 65,000 people a day, and California commuters can avoid crowded highways.
The job, which will employ 300 people, will begin this fall and will take about four years.
Speaking of the contract, Ceo Leo Quinn said: "Our extensive experience in managing complex rail projects qualifies us to implement this important plan.
Caltrain builds on our recent successful delivery in multiple areas
The billion-dollar Eagle P3 commuter rail network in Denver, Colorado.
"We are pleased that our unique ability has been recognized by this award, which has helped us to improve our design strategy --
Establish a market share in the United States.
"The victory of the contract represents the latest milestone in balfer Betty's turn of fate after years of suffering.
Last year, the company won a major deal to build and fund 1,500 houses at the London Olympic Stadium in strafo, as a post-
2012 game redevelopment project
Several contracts that drag the company's profits will be completed in the next 12 months.
About 515,000 people watched the BT sports show on Saturday night, watching Manchester City beat Sunderland 2-2
The first game in the Premier League opener
BT's profit is stronger
Earlier in the day, it attracted more than 39,500 spectators than Leicester City vs Hull City Sky Sports.
This season will pay close attention to the opponent's football broadcast, because BT surpassed the sky for the first time in the Premier League hit late Saturday afternoon, which usually attracts more viewers than 12: 30 p. m.
BT starts showing
English football level increased by 960 in 2013, 3-
A year package starting this season.
"BT must have matured," said Ian Whitaker, an analyst at Liberum . ".
"Football has always been linked to the sky, but the idea has slowly penetrated over time.
"Sky still has the biggest TV rights in the Premier League --
126, compared with 42 BT.
In addition to the Saturday game, it also shows the game for the first time on Sunday, Monday and Friday.
Sky said Arsenal's game against Liverpool on Sunday afternoon attracted more than 2 million viewers at its peak.
"It's the first weekend of the Premier League season for Sky and our clients," said Barney Francis, general manager of Sky Sports.
"The unpredictable nature of competition continues, and we get a strong response from our customers.
The UK should focus on determining
According to a study by a global lawyer, the UK has withdrawn from the EU to reach a trade agreement with the United States and China, and does not spend too much time negotiating with India, Canada or Australia.
Using a range of indicators, London-
The consulting firm at headquarters found that once the UK leaves the EU, China, the United States, Japan and Russia provide the greatest opportunity for business arrangements and therefore are able to contact one --on-
With other countries.
The global legal adviser says India is not among the top 10 countries, with Canada ranking 23, second only to Taiwan.
Gulf countries such as Saudi Arabia are also not worth spending too much time.
Gregor Irwin, chief economist at global legal counsel and a former British government official, said: "UK trade policy will require relentless priority . ".
The criteria used by the group to determine the focus are economic strength, the height of trade barriers and whether UK investment has gone there.
The performance of UK exporters is also taken into account.
The main challenge for Britain in China is to reduce trade barriers and try to catch up with EU peers.
The report says ties with the United States are already strong and worth strengthening.
Global legal advisers say efforts to promote trade with European countries outside Japan, South Korea and the EU, such as Russia and Turkey, are also worth it.
Bloomberg's three former Barclays traders were sentenced to six years for manipulating Libor rates
Interest rate benchmarks are attractive to their beliefs.
Jay Merchant, 45, Alex Pabon, 38, and Jonathan Mathew, 35, have appealed their convictions in recent weeks.
The merchant is also working for his 6. year sentence.
The men were found guilty by a London jury in July, after three
During a one-month trial, they were accused of conspiring with other Barclays employees to manipulate the Libor rates between June 1-20, 2005 and August 31. Another ex-
Peter Johnson, a 61-year-old trader who is the main Libor submitter, admitted to manipulating interest rates in October 2014 and getting 4-year sentence.
Matthew is appealing his conviction on the grounds that Johnson's plea should not be brought to the jury because it "will obviously change the jury's opinion," his lawyer Matthew Frankland said on Tuesday.
A lawyer for the merchant declined to comment, and Pabon's lawyer did not immediately respond to a request for comment.
A year ago, Tom Hayes, a former UBS trader, became the first person to go to jail for Libor. rigging. His initial 14-
He was sentenced to 11 years' imprisonment on appeal, but his conviction was upheld.
After the application for an appeal to the Supreme Court was rejected, hayes's case is currently being reviewed by the Criminal Case Review Committee.
The UK's competition regulator said Tuesday that inter-continental exchanges, a Bloomberg financial and commodity market operator, should consider withdrawing its $650 acquisition of commodity trading software house Trayport to avoid reducing energy in Europe. ICE beat arch-
Rival Chicago Mercantile Exchange for London-
Based on Trayport's market competition authority in last December (CMA)launched an in-
After the possibility of in-depth investigation, iron
Growth is expected to lead to a significant reduction in competition.
On Tuesday, CMA said after the survey that it remained concerned that ICE might use its ownership of the Trayport platform to reduce competition between ICE and its competitors.
"The loss of such constraints could lead to an increase in execution and clearing costs and provide traders with worse terms," CMA said in a statement . ".
"The merger could also cause ICE and its competitors to lose competition in launching new products, finding innovative trading solutions, and entering the market through new products.
Prior to the final decision, it listed possible "remedies" for public consultation ".
"If remedial measures are ultimately required, ICE believes that these measures will be in line with ICE's intention to operate Trayport as an open and autonomous software provider," ICE said in a statement . ".
At this stage, the CMA stated that it believed that the "complete divestiture" of Trayport through ICE could be an effective remedy for the "adverse effects tentatively determined.
The company said on Tuesday that Reuters Univer plans to buy Blueair in Sweden and get involved in the air purification business.
Unilever's big brands, including Dove soap, Lipton tea and Ben Jerry ice cream, have been very active in buying.
Last month, after a series of smaller cosmetics and skincare deals including Dermalogica and Ren, the company announced a deal for the $ shaving club.
Blueair is a leading manufacturer of high-quality air purifiers in China, the United States, Japan, South Korea and India.
Its annual turnover last year was $106.
Unilever said the acquisition would complement its water purification business.
It gave no financial details.
Chilean miner antófagusta has risen in the medium term to cheer investors.
Tuesday's annual profits are mostly achieved by cutting costs, which are designed to ease the weak copper market and are not expected to rebound by 2018. Majority-
Antófagusta, owned by Chile's rich family of Luke Siqi, cut capital spending by 385 to $1 in the first half of the year.
Gains rose 2.
571 to US dollars.
The six months ended June 30 were six metres.
Ivan Arriagada, who has been chief executive since April, said that he and his rivals BHP Billiton and Rio Tinto)
Copper hit 6-1/2-
Weak demand in China has hit a record low in January. Income fell by 18.
$5: $1.
Copper prices fell by 4 billion, sales fell, and the Mikela mine closed.
BHP Billiton, the larger rival, announced a record $6 on Tuesday.
A loss of 4 billion per year.