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London Markets: Shire shares fall in London; FTSE 100 eyes weekly rise

2015-02-06 11:22:59| Biotech - Topix.net

U.K. stocks fell Friday, with shares of Shire PLC pushed lower after the pharmaceutical maker was criticized over tax avoidance, but the benchmark FTSE 100 remained on track for a weekly gain. shares were at the bottom of the index as they fell 1.7%.

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United Technologies eyes $350 million in global pension contributions in 2015

2015-02-05 19:16:33| Paper - Topix.net

United Technologies Corp., Hartford, Conn., expects to contribute $350 million to its global defined benefit plans in 2015, which includes $200 million to its U.S. plans, the company said in its annual report.

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Hyundai Cuts Price Of Fuel Cell Car, Eyes Competition With Toyota

2015-02-02 08:32:40| Automakers - Topix.net

Hyundai Motor Co said it will lower the price of its Tucson fuel cell electric vehicle by 43 percent in South Korea and consider cutting prices of the car overseas to compete with models from the likes of Toyota Motor Corp. The South Korean automaker - the world's fifth-biggest when paired with sister Kia Motors Corp - hopes to popularize fuel cell cars in its home market by cutting the price of the Tucson ix to 85 million won . In developing more environmentally friendly technology, Hyundai has long trumpeted fuel cell electric vehicles over battery-powered alternatives, but the high price tag and a lack of refueling stations have been roadblocks to adoption.

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Meantime eyes national footprint with expansion north

2015-01-30 14:41:00| Daily beverage news and comment - from just-drinks.com

Meantime Brewing Co, the London-based craft brewer, is aiming to establish itself as a national brand with expansion to other major UK cities this year.

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Engineering firm eyes 7m growth

2015-01-28 13:21:21| Industrial Machines - Topix.net

Bosses of the TEW Group said the move would help fulfil its ambition to grow turnover from 13m to a 20m within the next five years. Pittsburgh-based civil engineering firm LB Foster also hopes its partnership with the 100-year-old Nottingham company will provide a platform for further expansion into international retail markets.

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