U.K. & Ireland News
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BP May Sell Its German Gas Stations for $2.6 Billion, Wirtschaftwoche Says
BP Plc wants to sell its German gas station unit Aral to finance expenses related to the Gulf of Mexico disaster, Wirtschaftswoche reported, citing unidentified bankers involved in the sale.
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JPMorgan Cuts Forecasts on 2010, 2011 New York Oil Prices as Demand Slows
JPMorgan Chase & Co . lowered by 5.5 percent its forecast for New York oil prices this year on speculation a slowdown in global economies will limit crude’s potential to rise.
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Pakistani Officials Cancel U.K. Visit on Cameron Terror Remark, Times Says
Pakistan’s Inter-Services Intelligence team canceled a trip to the U.K. after Prime Minister David Cameron said the country is exporting terrorism, The Times reported .
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Lloyds Banking Profit Likely to Bolster CEO Daniels's Position, FT Reports
Lloyds Banking Group Plc expects to report a 1 billion-pound profit ($1.6 billion) for the first half of the year, bolstering Chief Executive Officer Eric Daniels ’s position at the bank, the FT reported .
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