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Press digest including ENRC, SEGRO and Rio Tinto

The Times

Pricier face of fashion scrubs up for a listing: The Private Equity Owners of Neiman Marcus will be hoping that the upmarket department store chain lives up to its “Needless Markup” nickname when they try to float it later in the year.

Network Rail Chiefs may get extra bonuses worth £10mln.

ENRC, the Kazakh miner, bows to £3bn takeover tabled by founders.

Billions of pounds of consumer-funded subsidies for offshore wind farms in Britain have ended up in the hands of foreign manufacturers.

Deal of the day: Synectics, which provides surveillance and security for casinos, trains and other industries, bought the four fifths of Coex Services Asia that it did not already own for as much as £2.1 million. 

The Daily Telegraph

Cruise industry boosts British economy by £2.5bn: It does more than just provide rest and recreation for hundreds of thousands of holidaymakers, the paper says. It also supports more than 66,000 jobs in the UK.

Segro plans European warehouse joint venture: Europe’s largest Owner of industrial property is in talks with one of Canada’s biggest pension funds to use most of its mainland Europe warehouses for a joint venture.

Raspberry Pi inventor joins silver medal table: The creator of the Raspberry Pi mini-computer and an inventor of an off-road wheelchair are among entrepreneurs who have been awarded a Silver Medal from the Royal Academy of Engineering.

Turf TV takes a punt on American racing: Punters in 10,000 UK betting shops will soon be able to watch racing from some of America’s top tracks after a profit-sharing deal between Turf TV and U.S. racecourse Owner Stronach Group.

The Guardian

Barclays to sell customer data: Barclays is to start selling information about 13 million customers’ spending habits to other companies, and has admitted it could share the data with government departments and MPs.

Delta cleared to complete purchase of 49% stake in Virgin Atlantic: Virgin and Delta have vowed to become a “formidable competitor” on UK-U.S. routes after the American airline was cleared to complete its purchase of a 49% stake of Sir Richard Branson’s Atlantic carrier.

The Independent

Boeing’s Dreamliner woes continued when, less than a week after a 787 was forced to land due to an engine problem, a second jet had to be diverted because of a mechanical glitch.

SABMiller’s Graham Mackay bags £14mln: the former chief executive was paid out last year after a lucrative share scheme paid up.

Daily Mail

Seven-figure sums lavished on Nationwide’s top brass thrown into spotlight as it grapples with £1 billion black hole in finances.

London’s City Airport defied downturn last year as revenues rose 7.3% to a record £85.2 million, fuelled by an influx of visitors for Olympics.

Daily Express

Rio Tinto’s diamonds business set in stone: More than a year after it reviewed its options, including selling its diamonds operations for up to £1.3bn, the FTSE 100 company said it had decided to retain them.

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