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Japanese Media Group Nikkei Buys Financial Times For £844m

The  London-based Financial Times has been sold to Nikkei, Japan’s largest media company, in a deal said to be worth £844m. The sale of the British publishing icon was announced on Thursday hours after owners Pearson confirmed that it was in “advanced talks” to

Type 26 Frigate

Britain and Australia May Share Modular Frigate Programme

Australian Prime Minister Tony Abbott’s conservative government has called time on indigenous plans to build a new frigate fleet, opening the field to a number of potential foreign designs. The previous preferred option to build up Australia’s anti-submarine warfare (ASW)

Greece approves more economic reforms needed to acquire $93M bailout

WATCH: Greeks face up to bailout reality

Greek Prime Minister Alexis Tsipras may have contained a rebellion in his left-wing Syriza party to win parliamentary approval for a second package of reforms. But as Ciara Lee reports he’s still got a long way to go in order

A fire bomb explodes behind riot police (ARIS MESSINIS/AFP/Getty Images)

PICTURES: Greek MPs Support New Reforms, Unions Riot

The Greek parliament last night comfortably passed a second set of reforms in order to continue talks on a new bailout, although the governing Syriza is now deeply divided. Dozens of hardliners with Prime Minister Alexis Tsipras’s party rebelled, effectively

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UK To Pay Bill For Enhanced Illegal Immigrant Security In Calais

The French cross-Channel rail tunnel operator is seeking €9.7 million ($10.67 million) in compensation for disruption caused by illegal migrants in and around Calais with Britain expected to help foot the bill. Eurotunnel is charging London and Paris after it incurred a security