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Archive for November 14th, 2007CNN to invest up to 10 mln dlrs in international reportingPosted by UK Economy News
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14Nov 07 CNN is to invest up to 10 million dollars in its international newsgathering operation, creating up to 16 new reporting jobs in countries including Afghanistan and India, the network said Wednesday.
Read full story Delta denies reports of merger talks with UnitedPosted by UK Economy News
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14Nov 07 The US airline Delta Air Lines denied Wednesday media reports it was engaged in merger talks with rival United Airlines.
Read full story Comments Off Sainsbury profit at top of rangePosted by UK Economy News
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14Nov 07 Supermarket chain J Sainsbury , the subject of two failed takeover attempts this year, reported a 27 percent jump in first-half profits and said it had formed a joint venture to develop its property potential.
Read full story Comments Off Britain-Europe rail link zooms into new eraPosted by UK Economy News
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14Nov 07 High-speed rail travel between Britain and continental Europe zoomed into a new era Wednesday as Eurostar trains began operating from a newly-renovated glitzy London hub.
Read full story Comments Off Credit Agricole reports 16.8 percent profit slide, cites writedownsPosted by UK Economy News
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14Nov 07 French banking group Credit Agricole on Wednesday reported a 16.8 percent slide in third quarter net earnings linked to asset writedowns but said it had shown "resilience" against the US home loan crisis.
Read full story Comments Off Vivendi results in line with expectationsPosted by UK Economy News
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14Nov 07 French media and telecommunications group Vivendi said Wednesday adjusted third quarter operating earnings were up 2.7 percent, in line with market expectations, from sales that rose 10.9 percent.
Read full story Comments Off Colombian families sue Chiquita for 7.8 billion dollarsPosted by UK Economy News
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14Nov 07 A group of Colombian families filed a lawsuit against banana giant Chiquita in New York Wednesday, accusing the company of paying off militant groups that allegedly tortured and killed their relatives.
Read full story Comments Off ITV says year-end ad market buoyantPosted by UK Economy News
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14Nov 07 ITV , Britain's largest free-to-air commercial broadcaster, expects a year-end boost to its television advertising revenue and is close to a partnership deal to run its ads online, Executive Chairman Michael Grade said on Wednesday.
Read full story Comments Off Biggest German rail strike in history starts to bitePosted by UK Economy News
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14Nov 07 German train drivers began a new strike on freight services on Wednesday, scheduled to last 62 hours, which the national rail operator Deutsche Bahn said was the biggest in its history.
Read full story Comments Off UN patent agency head to step down after misconduct rowPosted by UK Economy News
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14Nov 07 The embattled head of the United Nations patent organisation, embroiled in allegations of misconduct, will step down a year early, with his successor expected to start after September 2008, a spokeswoman said Wednesday.
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