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Drones over U.S. may pose security risks
LONDON, June 30 (UPI) -- The British government is reconsidering plans to sell part of the Royal Mail, Business Secretary Peter Mandelson said.
Government officials have discussed injecting capital into the service through a bond issue or debt restructuring, The Times of London reported Tuesday.
Chairman of the Treasury Select Committee John McFall has said restructuring debt or converting the Royal Mail's debt into equity could keep the government from the plan of privatizing 30 percent of the service.
Only one company, CVC, has submitted a bid for the minority stake in the Royal Mail, a $3.3 billion offer, The Times reported.
One source told the Times government officials believe it would be better to sell the minority stake when the economy improves.
TNT, a Dutch postal firm, has expressed interest in the sale. Deutsche Post, a third potential bidder, declined to comment, The Times said.
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WASHINGTON, Feb. 10 (UPI) --
The Nuclear Regulatory Commission approved the construction of two new nuclear reactors, the first to be built in the United States since 1978.
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STERLING, Va., Feb. 10 (UPI) --
The U.S. subsidiary of Britain's Chemring Group PLC is supplying the Italian army with ground-penetrating radar to counter improvised explosive devices.
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Local markets will probably not be swamped by waves of foreclosures following the multi-state mortgage settlement announced yesterday. Rather, the huge inventory of one to two million foreclosures will enter markets gradually....
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Doubts about the euro are not subsiding, new leadership or not, rescue plan or not.
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