Hi °C | Lo °C Defence and commercial aerospace equipment maker Cobham is to pay $126m (£8m) for US-based Trivec-Avant, maker of satellite antenna systems.
Cobham has also picked up a $6m order (£38m) from Brazil's Embraer for tanker refuelling aircraft parts.
Cobham to buy Trivec-Avant
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Spending habits picked up early
Most children's money habits have been formed by the time they reach the age of seven, research from a Government-backed body has found.
Skoda's superb, say car owners
The aptly-named Skoda Superb is the car that owners are most satisfied with, according to a survey. And another Skoda model – the Yeti – was second on the list compiled from owners' views by What Car? and JD Power and Associates. Third was the Jaguar XF, with equal fourth place occupied by the Citroen DS3 and the Lexus RX .
Halfords 'uphill slog to recovery'
Halfords has warned of a long uphill slog to recovery as profits tumbled by 22% and its dividend was slashed by a third to pay for a £100m revamp. New chief executive Matt Davies pledged to refresh tired-looking stores and improve customer service over the next three years but warned that earnings were unlikely to recover until 2016.
New chamber of trade president
Belfast Chamber of Trade and Commerce has welcomed Paul McMahon as its newly elected president.
Services industry gives vital boost to economy
The UK's return to growth has been underlined as revised figures confirmed the dominant services sector helped the economy expand by 0.3% in the first three months of the year.
Every little helps – at least for BT's chief
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