U.K. & Ireland News
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U.K. consumer confidence rose in January to the highest in five months on signs of strength in the economy, according to Nationwide Building Society, which said the increase may be a “temporary bounce.”
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Global regulators have exposed flaws in banks’ internal controls that may have allowed traders to manipulate interest rates around the world, two people with knowledge of the probe said.
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Deutsche Telekom AG, Germany’s largest telephone company, is evaluating options for an exit from the U.K. as it seeks to raise cash after failing to sell its T-Mobile USA unit, people with knowledge of the matter said.
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European stocks rose as China said it will help resolve the region’s debt crisis and companies from BNP Paribas SA to Heineken NV reported earnings that beat analysts’ estimates.