Business news with words deal+warns. 13 news.

The Office of Fair Trading warns new methods of distributing medicines could cost the National Health Service hundreds of millions of pounds while reducing standards of service

Over-zealous policies to deal with climate change could drive industrial production overseas and lead to higher carbon emissions overall, warns the Institute of Directors

Iraq threatened on Thursday to blacklist Reliance Industries Limited from future oil contracts after the company struck a deal with the Kurdish Regional government for two blocks without Baghdad's approval. Reliance Industries Limited had last week signed the contract for the blocks Rovi and Sarta in northern Iraq with the autonomous Kurdish Regional Government. The blocks, measuring 517 and 607 sq km respectively, have almost 80 per cent oil bearing structure.

Calling Microsoft's $240 million investment in Facebook "insane," and asserting that that there is not enough advertising budgets to support the rapid expansion of online advertising services, Publicis Chairman-CEO Maurice Levy warned that the industry was approaching the kind of hyper inflated economics that led to the so-called dot-com crash in 2000-01. In an address at this weekend's Monaco Media Forum Levy cautioned that the rapid run-up in the valuation of ad-supported online services may turn out to be fool's gold.

Workers at all 2010 stadiums will down tools if a deal is not reached in the wage dispute at Durban's Moses Mabidha stadium, warns the union NUM.

Supermarkets are offering a good deal for consumers on the whole - but they could do better, says the competition watchdog.

India's progress is being halted by opponents of a landmark nuclear deal with the US that could significantly boost a sector vital to the country's future, according to the head of the Intergovernmental Panel on Climate Change

Virgin Atlantic, the airline controlled by Sir Richard Branson, has vowed to fight any renewed attempt by British Airways to pull off a transatlantic deal with American Airlines.

European employers say goods produced by South Korean-owned factories in the enclave of Kaesong, in the North, should not be classified as being from the South

Buyers hunting for one and two bedroom properties could snap up a good deal over the next few months, experts have revealed, if the Government announces the next deadline for home information packs (HIPs) as is widely anticipated within the industry. Rightmove, the property website, expects to see a price fall of up to 5pc in a month, if one and two bedroom properties are given their own HIP deadline - which has yet to be announced. The group said sellers may flood the market as they rush to meet the deadline - creating a distorting effect in a market which is

The Northern Rock Foundation yesterday launched a campaign to stop the stricken mortgage bank being sold off cheaply, amid fears that political pressure ahead of a November election might force a quick deal.

Reuters - Harman International Industries Inc , whose $8 billion sale fell apart last week, warned on Monday that quarterly profit would be less than half what Wall Street expected, sending its shares down as much as 8 percent.

Gordon Brown's pay deal for public sector workers could cost him a "political price", the TUC warns.