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Gold settled down -1.33% at 28632 slipped as a modest rebound in equities dampened safe-haven interest

Los Angeles, Feb 5 - Singer Peter Andre, who has recently been blessed with a baby girl, says the best parents are those who put their children first.

The 40-year old, who already has two children - Junior, eight, and Princess, six - with ex-wife Katie Price, was sharing parenting advice with singer Gary Barlow, reports contactmusic. com.

Flybe, a regional airline, has said that it will have to lay off a lesser number of employees than previously thought following an increase in its business during the winter season.

The airline said that the turnaround plan is progressing well and produce substantial savings this year. The plan involves shedding jobs, cutting routes and grounding aircraft. The company said that it will now cut 450 jobs compared to 500 estimated in November. The company said that it is planning to reduce the costs associated with aircraft grounding.

Hewlett-Packard has slashed revenues and profits figures for Autonomy and demanded a 38 million tax refund from the government.

HP has said two years earlier that it has discovered accounting irregularities at Autonomy. The computing giant had cited 2010 accounts for Autonomy Systems to prove allegations. UK's software firm Autonomy was accused of inflating its revenue and profit by about 81 per cent.

Antony Jenkins, the head of the Barclays bank has turned down the bonus offering from the bank for 2013 as the bank faced costs relating to the scandals.

Mr Jenkins said today: '2013 has been a year of considerable positive change for Barclays, and I am particularly proud of the progress we have made in starting to rebuild trust, in defining and implementing a common culture, in repositioning the business for the future, and in significantly improving our balance sheet.

French mobile phone operators Vivendi SA and Bouygues Telecom SA expect their recently announced network sharing agreement to save them 300 million euros ($405M) per year by 2017-2018.

SFR, which is scheduled to be separated from its parent firm Vivendi and smaller competitor Bouygues last week agreed to share part of their mobile phone networks. The deal will allow the two companies to cover more areas for less expenditure.