LONDON, July 10 (Reuters) - British utility Centrica (CNA.L) said on Friday it had bought private equity firm 3i's (III.L) 5.4 percent stake in North Sea oil and gas producer Venture Production to take its stake to approximately 29 percent.
Centrica said it was offering to buy the rest of Venture at 845 pence a share in cash. (Reporting by Tim Castle, editing by Leslie Gevirtz)
WASHINGTON (Reuters) - New home construction rose less than expected last month, while consumer prices increased marginally, suggesting little urgency for the Federal Reserve to raise interest rates sooner as the economy steadily recovers. | Video
Investors are getting antsy about when the Fed will tighten its purse strings, now that the economy appears to be coming back to life. Full Article
Tensions rise in Copenhagen as police use truncheons and pepper spray to keep back hundreds of protesters gathered outside the Bella Center. Full Article | Slideshow
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