Global spending on space grew 4 percent in 2013 to $314 billion: report

CAPE CANAVERAL Fla. (Reuters) – Worldwide spending on satellites, launches and support services increased to $314 billion in 2013, up 4 percent from 2012, even though the U.S. government reduced its own space spending, an industry association reported this week.



Lloyds limits mortgage lending

Lloyds Banking Group limits mortgages to four times income for loans worth more than £500,000 in a move aimed at dampening the London housing market.

Lockheed-Boeing venture says rocket launch costs lower than claimed by rival

COLORADO SPRINGS Colo. (Reuters) – A joint venture of Lockheed Martin Corp and Boeing Co on Monday said its rocket launch costs were far lower than claimed by its rival, privately-held Space Exploration Technologies, or SpaceX, which is suing the U.S. government for shutting it out of the lucrative rocket launch business.

AstraZeneca rejects Pfizer’s take-it-or-leave-it offer

LONDON (Reuters) – Britain’s AstraZeneca on Monday rejected a sweetened and “final” offer from Pfizer, puncturing the U.S. drugmaker’s plan for a merger to create the world’s biggest pharmaceuticals…