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India a Wealth Management Opportunity: Barclays

UK-based Barclays Bank Plc is looking to develop wealth management in India, where it sees potential in a growing middle class as well as non-residents, two senior executives told Reuters in an interview.

FTSE 100 up on A&L talk, midcaps hit fresh record

Britain's FTSE 100 index closed sharply higher on Friday as fresh bid talk buoyed mortgage bank Alliance & Leicester, while the Midcap 250 index hit a fresh high led by brewer Greene King.

Middle East Airline Plays Waiting Game

Emirates, a small but increasingly influential airline, has jet maker Boeing Co. jockeying with rival Airbus SAS for a multibillion-dollar deal.

FTSE barely weaker, oils prop up sagging market

Britain's leading shares were barely weaker on Monday, propped up by gains in oil companies and miners such as BG Group as prices of crude oil and some metals traded near record levels, although most heavyweight sectors such as banks and pharmaceuticals eased.

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Virgin Airways Makes Middle East Debut

Britain's second largest airline officially entered the UAE market yesterday when Virgin Atlantic's Airbus A340-600 landed at the Dubai International Airport from London Heathrow. The new flight represents the airline's first Middle East route, and its 26th destination worldwide.