PRESS DIGEST- British Business - May 1

May 1 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

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Australia home prices edge up 0.3 pct in April-RPData

SYDNEY, May 1 (Reuters) - Home prices across Australia's major cities crept up by 0.3 percent in April from the previous month when they jumped 2.3 percent, pointing to some cooling in what has been...

from Reuters: Financial Services and Real Estate http://ift.tt/1kqCK6K

Alibaba in talks to buy back stake in Alipay unit: WSJ

(Reuters) - Alibaba Holdings Inc is in talks with major shareholders to reclaim a stake in fast-growing online-payments affiliate Alipay, The Wall Street Journal reported on Wednesday, citing people...

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Sprint planning to proceed on T-Mobile purchase after sorting funding- Bloomberg

April 30 (Reuters) - Sprint Corp is planning to move ahead on a bid for smaller rival T-Mobile US Inc after meeting banks in April, Bloomberg reported, quoting people with knowledge of the...

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Qualcomm spins off location awareness technology

SAN FRANCISCO, April 30 (Reuters) - Qualcomm Inc is spinning off its location awareness technology, which is compatible with Apple Inc's iBeacon version, to a group of investors including music,...

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GLOBAL MARKETS-Shares supported as Dow hits record; China a worry

* Nikkei bounces as Wall St proves resilient to poor US GDP

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Rivals poach Publicis, Omnicom clients, staff as merger faces snags

LONDON/NEW YORK/PARIS (Reuters) - Publicis and Omnicom have lost more than $1.5 billion of client work in recent weeks and face a fight to retain billions more, including a huge Samsung contract,...

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UPDATE 1-ANZ posts 11 pct rise in cash profit on Asia growth, boosts dividend

* Net interest margin narrows to 2.15 pct (Adds detail on cash profit, CEO comment, industry context)

from Reuters: Financial Services and Real Estate http://ift.tt/1rQpQ6B

Australia shares seen modestly higher on ANZ, Wall St; resources may cap

SYDNEY, May 1 (Reuters) - Australian shares are set to post modest gains on Thursday, underpinned by a stronger-than-expected earnings result from Australia and New Zealand Banking Group and a rise...

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Exclusive: Faulty technology triggered CME trading outage - chairman

LOS ANGELES/CHICAGO (Reuters) - The worst-ever trading outage on the world's most important agricultural markets was triggered when sophisticated technology tripped over a trading halt in a single market, the executive chairman of exchange operator CME Group Inc told Reuters.

from Reuters: Business News http://ift.tt/1u6nClJ

Ukraine crisis could halt Europe's defense downturn: Airbus CEO

WASHINGTON (Reuters) - Concerns about Russia's actions in Ukraine could halt a decade-long decline in European military spending, Airbus Group Chief Executive Officer Tom Enders said Wednesday, as he also underscored concerns about growing Chinese military exports.

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