Marks & Spencer to close distribution centre at Mallusk

Marks & Spencer to close distribution centre at MalluskRetailer, Marks & Spencer has indicated that it is planning to close down a distribution centre at Mallusk in Newtownabbey, County Antrim, putting more than a hundred jobs at risk.

BoE to keep interest rates low until unemployment falls to 7%

BoE to keep interest rates low until unemployment falls to 7%Mark Carney, the governor of the Bank of England has assured investors and borrowers in the country that the interest rates would remain low in the country until the economy shows strong signs of recovery.

Pattinson won't date Stewart's friends

Pattinson won't date Stewart's friendsLos Angeles, Aug 8 : Actor Robert Pattinson has reportedly assured his ex-girlfriend, actress Kristen Stewart that he is not dating their common friend and his "The Runaways" co-star, Riley Keough. In fact, he says he won't ever date any of Stewart's friends.

The 27-year-old ended his four-year relationship with Stewart following her fling with director Rupert Sanders in 2012. Contrary to rumours that Pattinson is now romantically involved with Keough, a source says "he doesn't want to be that guy".

Infosys unveils new solution for wealth management

Infosys-LtdBangalore, Aug 7 : Global software major Infosys Ltd Wednesday unveiled a new solution for wealth management, which will enable banks to enhance their retail service to high net worth individuals and affluent customers.

"Our latest version of Finacle (a software product) allows banks to quickly introduce financial planning and investment products to high net worth individuals and affluent customers," the IT bellwether said in a statement here.

Obama cancels meeting with Putin

Barack-ObamaWashington, Aug 7 : US President Barack Obama has cancelled his meeting with Russian counterpart Vladimir Putin that was planned for next month, the White House said Wednesday.

"Following a careful review begun in July, we have reached the conclusion that there is not enough recent progress in our bilateral agenda with Russia to hold a US-Russia summit in early September," the White House said in a statement, Xinhua reported.

However, it also cited Russia's decision to grant asylum to former US intelligence contractor Edward Snowden as one of the reasons for the decision.

I'm getting ready to come back: Sushmita Sen

Susmita-SenMumbai, Aug 7 : Sushmita Sen has lost oodles of weight, and she looks wonderful. The former Miss Universe and actress admits she is readying herself for a comeback to showbiz.

On the silver screen, Sushmita was last seen in the 2010 film "No Problem". During the three-year hiatus, she was busy taking care of her second adopted daughter, Alisah. She had first adopted Renee in 2000.

"I will definitely come back with a film," the 37-year-old said here on the sidelines of the India International Jewellery Week Tuesday.

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