LONDON

LSE profits drop as exchange competition bites

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London Stock Exchange Chief Executive Xavier Rolet said the success of his strategy to counter intense competition from upstart rivals in UK cash equity trading should be clear within six to nine months.

S.Korea's NPS to buy HSBC's London HQ for $1.3 bln

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South Korea's National Pension Service (NPS) will sign an 800 million pounds ($1.33 billion) sale and leaseback deal next week for HSBC's European HQ in London, an official at the fund said on Friday
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John Lennon film brings London festival to an end

The London film festival closes on Thursday with the world premiere of Nowhere Boy, about John Lennon's rebellious teenage years and his torrid relationship with his aunt and mother before the Beatles were formed.
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Tate museum pulls young Brooke Shields nude image

Britain's Tate Modern gallery said on Thursday it had closed a room at its new blockbuster exhibition that contains a naked image of actress Brooke Shields aged 10, after police launched an investigation.
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Quadrangle focuses less on Europe, more on Asia

New York-based private equity firm Quadrangle Capital Partners will substantially close its London office and pursue its European investments out of the United States, an investor letter dated Friday said.
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Barclays shifts U.S. RGGI carbon trade to London

Investment bank Barclays Capital has shifted its trading of U.S. Northeast carbon allowances to its London desk after a trader in New York left the company, the bank's head of environmental markets said.
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Nomura gets 6 years free rent for London HQ - FT

Japanese investment bank Nomura has secured a rental deal on its new London headquarters allowing free rent for almost six years, the Financial Times reported, citing the terms of a deal to be announced on Tuesday.
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Animals around the World

A cow stands on the Klausenpass mountain pass road, 1,952 m (6,404 ft) in the Swiss Alps August 19, 2009. In the background is the Urnerboden Valley.
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7 Places to Visit in England Besides London

When I'm backpacking I always meet people who are travelling to London, but there is so much more to England than the nation's capital. We may be a tiny and rather compact country but often travellers seem to think that England is London.
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Israel PM expects no breakthroughs in London talks

Israeli Prime Minister Benjamin Netanyahu expects no breakthroughs at a meeting this week with a U.S. peace envoy, but hopes talks with the Palestinians can resume within two months, a spokesman said on Monday.
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Shanghai Copper hits Upside limit on London Gains

Shanghai copper prices hit their upside limit in the first few minutes of trade on Thursday, excited by London's gains in the previous session, when investors were enthused by the U.S. Federal Reserve's comments that the country's economy was showing signs of levelling out. FUNDAMENTALS
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London: A City Fit for a Queen

London is a wonderful place to visit whether you grew up in Europe or elsewhere. As soon as you enter the confines of the city, you realize that it is strikingly different from the rest of Europe.
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Jackson death hits London ticket holders

Michael Jackson's sudden death could prove a major blow to AEG Live, promoter of his eagerly awaited run of 50 London concerts, as well as to fans who paid well over the odds to get hold of coveted tickets.
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Jackson death hits tour promoter, ticket holders

Michael Jackson's sudden death could prove a major blow to AEG Live, promoter of his eagerly awaited run of 50 London concerts, as well as to fans who paid well over the odds to get hold of coveted tickets.
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Somali pirates using London contacts: report

Somali pirates are planning attacks on shipping using detailed information telephoned through by contacts in London, according to an intelligence report cited by Spanish radio on Monday.

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