Tag Archive

Russia backs away from Iran deal

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Prime Minister Vladimir Putin says Moscow will freeze the sale of surface-to-air missiles to Iran, according to French officials. This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites. »

Iran missile deal ‘not affected’

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The latest round of UN sanctions will not affect Russia’s deal to supply controversial missiles to Iran, Russian officials say. This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites. »

Liverpool offer Benitez exit deal

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Liverpool manager Rafael Benitez has been offered a severance deal to leave Anfield, BBC Sport understands. This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites. »

Nepal deal ends political impasse

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The Maoists want the government to resign Nepalese lawmakers are meeting in the capital Kathmandu in an effort to avert a political crisis as the deadline for a new constitution looms. The government and opposition Maoist party are debating whether to prolong the life of the current parliament, whose term expires on Friday. The parliament was... »

Peres denies S Africa weapon deal

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Israel’s President denies a report that he made a deal with apartheid South Africa to sell them nuclear warheads in 1975. This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites. »

Dubai World reaches deal on debt

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Dubai World says it has reached an agreement “in principle” with most of its bank lenders to restructure debts worth $23.5bn. This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites. »

A raw deal for patients with the ‘wrong cancer’

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VIEWPOINT New and innovative drugs to treat cancer are being developed at an ever-increasing rate, which is of course a good thing. But this puts an ever increasing pressure on NHS budgets and in this week’s Scrubbing Up, Professor Jane Maher warns that patients with rarer cancers may be being squeezed out. Over the past decade developments... »

Clegg to deliberate on Tory deal

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Liberal Democrat leader Nick Clegg is set to hold talks with his MPs as he weighs up the offer of a power-sharing deal with the Conservatives. More than a day after the polls closed, it remains unclear who will lead the country after the general election delivered a hung Parliament. David Cameron approached the Lib... »

Tories and Lib Dems in deal talks

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Talks between senior Conservatives and Liberal Democrats continued late into Friday as the parties tried to broker a deal to form the next government. A day after the polls closed, it remains unclear who will lead the country after the general election delivered a hung Parliament. David Cameron approached the Lib Dems after the Tories... »

Cameron offers deal to Lib Dems

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David Cameron is to set out within hours his plans to form a "stable" government, after the Tories won most votes but not an overall majority. With results still coming in, the Tories have 294 seats in a hung parliament. He will say he plans to govern "in the national interest". Nick Clegg, leader of... »

Thales fined for Taiwan navy deal

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An international court has ordered France and defence electronics group Thales to pay $830m in compensation to Taiwan over a sale of warships in 1991. The panel of arbitrators ordered the payments to make up for unauthorised commissions paid to help Thomson-CSF, which became Thales, win the deal. The contract for the six navy frigates... »

US airlines merger deal expected

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United Airlines and Continental Airlines are expected to announce a merger deal later to create the world’s largest carrier. This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites. »

Thai PM promises ‘road-map’ deal

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Thai Prime Minister Abhisist Vejjajiva says he is working on a road-map to solve protracted anti-government protests. This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites. »

Big Greece bail-out deal agreed

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Greece said it had agreed a deal with the European Union and IMF to rescue the nation’s embattled economy. Prime Minister George Papandreou said that avoiding bankruptcy was the country’s priority but that Greece would have to make "great sacrifices". Details of the rescue deal and the austerity cuts agreed to in return for the... »

Greece agrees rescue deal terms

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Greece said it had agreed a deal with the European Union and IMF to rescue the nation’s embattled economy. Prime Minister George Papandreou said that avoiding bankruptcy was the country’s priority but that Greece would have to make "great sacrifices". Details of the rescue deal and the austerity cuts agreed to in return for the... »

Arab-Israeli row thwarts Med deal

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A row about how to name the Israeli-occupied Palestinian territories has scuppered a 43-nation scheme for managing Mediterranean water resources. The Mediterranean Union conference in Barcelona had hammered out 99% of a draft text, delegates said. But the deal failed when Israel and Arab countries disagreed over how to describe the Palestinian territories. Israel objected... »

Prospects for climate deal ’slim’

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Prospects of finalising a new binding agreement on climate change by the end of the year are "slim", according to UN climate convention chief Yvo de Boer. He said the process used to draw up the Copenhagen Accord, the document produced at the end of December’s UN climate summit, had worsened distrust. About 110 countries... »

Kyrgyzstan ‘will honour US deal’

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The US says Kyrgyzstan’s interim leader has promised to honour key security agreements, days after she came to power following a bloody uprising. US officials said Roza Otunbayeva had vowed not to interrupt operations from a military base the US uses to supply troops and supplies to Afghanistan. The US stopped troop movements from the... »

Euro rebounds on Greece deal hope

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Greece must now seek financial aid from the EU and International Monetary Fund (IMF) in order to rescue its finances, investors have warned. The calls follow the loss of investor confidence on the bond markets this week, which has increased Greece’s cost of borrowing. The Greek government currently plans to fix its finances through austerity... »

Climate deal fear as talks resume

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The first round of UN climate talks since December’s bitter Copenhagen summit opens in Bonn on Friday with the future of the process uncertain. Developing countries are adamant that the UN climate convention is the right forum for negotiating a global deal and want it done by the year’s end. But others, notably the US,... »

US and Russia to sign arms deal

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US President Barack Obama and his Russian counterpart Dmitry Medvedev are due to sign a landmark nuclear arms treaty in the Czech capital Prague. The deal, agreed last month, commits the former Cold War foes to cut their stockpiles to 1,550 warheads each, about 30% less than currently allowed. It also limits the number of... »

TV’s Richard Madeley helps struggling author win book deal

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A struggling Cornish author got her breakthrough after her manuscript was given to TV presenter Richard Madeley who was staying at his holiday home. Ruth Saberton, 37, from Polperro, was on the verge of giving up her dream of getting her work into print. But her mother-in-law, who runs the village shop, gave Madeley the... »

Nationalists issue terms for deal

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Welsh and Scottish nationalist parties say they will demand "fair funding" before negotiating with Labour or the Conservatives in a hung Parliament. The SNP and Plaid Cymru are also asking for the protection of the "most vulnerable" local services. SNP leader Alex Salmond said a hung Parliament, where no single party wins a Commons majority,... »

Allister criticises Robinson deal

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TUV leader Jim Allister has said Peter and Iris Robinson have "questions to answer" after reports they bought a valuable piece of land for just £5. According to an investigation by BBC Newsline, the deal with a property developer enabled them to sell part of their back garden for nearly £460,000. They could now be... »

Volvo sale deal signed by Geely

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The Chinese car maker Geely has signed a deal to buy Volvo from US car giant Ford, a Volvo spokesman has said. The size of the deal has not yet been disclosed, but is expected to be worth around $2bn (£1.34bn), and will be finalised in the coming weeks. That would make it the biggest... »

Euro strengthens on Greece deal

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The euro has strengthened against the dollar and the pound after eurozone leaders agreed a financial aid package to help debt-laden Greece. The leaders agreed to provide 22bn euros (£20bn) should Greece run into difficulties borrowing money to service its high debt levels. The euro rose by more than half a cent, or 0.5%, to... »

EU-US airline deal on ownership

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A new agreement between the EU and the US to further liberalise trans-Atlantic air travel paves the way for foreigners to take major stakes in US airlines. EU airlines will allow US investors to take majority stakes in themselves. Foreign control of US carriers is currently capped at 25% – US airlines could gain ownership... »

Deal reached over Greece’s debts

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France and Germany have reached a deal on a financing plan to help debt-laden Greece, which will include IMF help. Officials in Brussels say the package – yet to be agreed by other eurozone states – will total 23bn euros (£21bn). More soon. »

US firm wins UK tank-making deal

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US defence firm General Dynamics has won a contract to build a new light tank for the British Army. The firm, which plans to manufacture most of the new tank in the UK, beat rival bidder BAE Systems to secure the contract. The news is a blow for BAE’s factory in Newcastle, which was earmarked... »

Rio Tinto announces Guinea deal

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The Anglo-Australian mining company Rio Tinto says it has signed a deal with China to develop a massive iron ore project in West Africa. China’s state metals group Chinalco will pay more than $1.3bn (£0.85bn) for a 47% stake in the Simandou project in Guinea, Rio Tinto said. According to the company, Simandou is one... »

No ’secret’ Ashcroft deal – Hague

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Former Conservative leader William Hague was kept informed about the negotiations of Lord Ashcroft’s tax status, leaked papers have suggested. He was said to be "satisfied" with the final outcome in July 2000, Cabinet Office papers seen by the BBC showed. Lord Ashcroft, a major party donor and deputy chairman, became a peer even though... »

Npower signs Football League deal

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Energy firm Npower has signed a three-year deal worth £21m to become the new sponsor of the Football League. The utility provider will replace Coca-Cola, whose contract expires at the end of this season. The League’s three divisions will be known as the Npower Championship, Npower League 1 and Npower League 2. The firm said... »

Michael Jackson in ‘biggest’ record deal

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The estate of Michael Jackson has agreed the biggest recording deal in history, worth more than $200m (£133m), with Sony Music, US reports say. The deal reportedly involves 10 album projects over seven years – including one of previously unreleased material. The singer died at his Los Angeles home in June, aged 50. He was... »

Somali deal to tackle militants

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A powerful Sufi Muslim group has joined Somalia’s government to tackle hardliners from al-Shabab, which has links to al-Qaeda. The deal, signed at the African Union headquarters in Ethiopia, is seen as a significant military boost for the beleaguered UN-backed government. The Ahlu Sunna Wal Jamaa group controls several areas in central Somalia, where it... »

Darfur rebel row jeopardises deal

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A row between Darfur rebel groups has thrown into doubt a peace deal between the rebels and Sudan’s government. One rebel group signed a preliminary deal last month, and a final agreement was due to be completed on 15 March. But the BBC’s correspondent in Khartoum says talks have stalled as another rebel faction pursues... »

Social care deal ‘dead in water’

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By Nick TriggleHealth reporter, BBC News Hopes of reaching a cross-party deal on funding social care appear to be dead in the water. The three main parties are due to take part in talks hosted by the merged Age Concern and Help the Aged charity. But despite pleas from council chiefs for unity, fresh rows about... »