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UK construction output grows at its slowest rate in nearly three years


LONDON Construction output in Britain grew at its slowest rate in nearly three years in April, a survey showed on Wednesday, suggesting the economy was losing steam before next month's referendum on whether to remain a member of the European Union.

Shell cuts spending further after BG deal

LONDON Royal Dutch Shell on Wednesday cut its 2016 spending by another 10 percent after completing the $54 billion (£37.3 billion) acquisition of BG Group, warning that low oil prices will continue to weigh.

10:52am BST

EU's highest court upholds restrictive new law on cigarettes

LUXEMBOURG/LONDON Europe's highest court on Wednesday upheld a tough EU law on standardising cigarette packaging and banning advertising of e-cigarettes, paving the way for its adoption this month.

10:48am BST

Trump, the outrageous outsider, now presumptive Republican nominee

INDIANAPOLIS, Ind. Billionaire reality TV star Donald Trump completed his transformation from long-shot White House candidate to presumptive Republican presidential nominee after his commanding win in Indiana's primary forced his main rival Ted Cruz to drop out of the race

11:05am BST

Air raids hit east of Damascus after 'calm' expires

BEIRUT Air strikes targeted a Syrian rebel-held area east of Damascus on Wednesday after an agreement aimed at halting the fighting there expired at midnight, the Syrian Observatory for Human Rights and rescue workers reported.

9:41am BST

Sainsbury's cautious on outlook as profits fall again

LONDON British supermarket Sainsbury's said it did not expect tough trading conditions to lift any time soon as it reported a second straight year of profit decline, dragged down by its own price cuts.

9:47am BST

Islamic State seeks news blackout in Mosul as Iraqi army nears

MAKHMOUR, Iraq For Iraqis living in the Islamic State stronghold of Mosul, news is dwindling about the U.S.-backed army massing to the south for an assault on the city that could begin this year.

World, Iraq, Middle East 10:55am BST

Next says weather and economy slowing sales

LONDON Next , Britain's most successful clothing retailer over the past decade, warned that its sales could fall as much as 3.5 percent this year, hit by a cool spring and signs of a slowdown in consumer spending.

11:00am BST

Korea's Lotte Mart drops Reckitt Benckiser goods amid steriliser scandal

SEOUL A large South Korean retailer stopped ordering Reckitt Benckiser items on Wednesday and some e-commerce sites halted sales of goods made by the British giant after its humidifier sterilisers were linked to deadly lung injuries.

10:48am BST

Turkey's Erdogan advances weekly PM meet to Wednesday as tension rises

ANKARA Turkish President Tayyip Erdogan is to meet Prime Minister Ahmet Davutoglu on Wednesday, bringing forward by a day their usual weekly meeting, as tension between the two rises.

7:03am BST
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