And in the real world... Whitbread, Royal Bank of Scotland, NatWest, Orange, T-Mobile and more

LONDON - Today's round-up of the biggest business news.

World news... round-up
World news... round-up

The chief executive of Whitbread, the Premier Inn and Costa coffee shop operator, damped down talk of economic recovery yesterday, insisting he had yet to see any "substantive signs of improvement". Source: The Times

Royal Bank of Scotland and its offshoot NatWest have announced cuts in overdraft fees. Source: The Guardian

The Orange and T-Mobile owner Deutsche Telekom are to merge their UK businesses to create a mobile phone giant with around 28.4 million customers, it was announced today. Source: The Independent

Tesco is continuing to invest in the future growth of its US Fresh & Easy stores, in spite of the UK supermarket group saying earlier this year that it had put the second stage of its US expansion in northern California "on hold". Source: Financial Times

Lufthansa, the German flag carrier, has opened the books at bmi and is offering rivals a chance to conduct limited due diligence on the British airline before a possible sale. Source: The Times

Brussels began a campaign today to overhaul copyright law in the European Union's 27 countries, partly in response to Google's controversial plan to digitise the world's leading libraries. Source: The Guardian








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