FT.com - London's FTSE 100 was gave up brief opening gains on Friday as Tate & Lyle slumped after a trading update and Northern Rock resumed its decline after two sessions of gains.

Brussels presents finance plans to save Galileo satnav project (AFP)

AFP - The European Commission on Wednesday proposed funding the troubled multi-billion-euro satellite navigation project Galileo wholly from EU coffers, rather than with money from private industry or member states.

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