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Archive for November 29th, 2007Spain blocking deal on EU satnav project: European sourcesPosted by UK Economy News
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29Nov 07 Spain is blocking a deal on dividing up contracts on the EU's Galileo satellite navigation project, as it seeks a key role in the project, European sources said Thursday.
Read full story Total plans work on installations in MyanmarPosted by UK Economy News
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29Nov 07 The French energy group Total said Thursday it planned to carry out work on installations in the Yadana gas field in Myanmar, where according to press reports the government is to establish a maritime exclusion zone.
Read full story Comments Off White House sees firm economy in 2008Posted by UK Economy News
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29Nov 07 The White House on Thursday projected firm economic growth into 2008, calling for an average 2.7 percent expansion pace despite housing and credit woes.
Read full story Comments Off Oil trims gains as pipeline recovers from blastPosted by UK Economy News
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29Nov 07 Oil rose slightly on Thursday, giving back nearly all of its early gains after Enbridge Pipeline said its fire-damaged crude pipeline in Minnesota could resume normal operations within days.
Read full story Comments Off EU banana barriers suffer new WTO setback: sourcePosted by UK Economy News
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29Nov 07 The World Trade Organisation has found in favour of Ecuador in its dispute with the European Union over the bloc's banana import barriers, a diplomatic source said here Thursday.
Read full story Comments Off EU nations ‘close’ to political agreement on satnav projectPosted by UK Economy News
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29Nov 07 Hopes were high Thursday that EU nations could break months of deadlock over their Galileo satellite navigation project, although tricky questions remained over how to carve up the coveted contracts.
Read full story Comments Off Austrian piano maker Boesendorfer heading for Japanese handsPosted by UK Economy News
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29Nov 07 Austria's Boesendorfer, one the world's top three piano makers, looks set to fall into foreign hands, with its current owner, the troubled Austrian bank BAWAG, in "final negotiations" with Japanese giant Yamaha, the bank announced Thursday.
Read full story Comments Off Shell to take reins of vast gas field off NorwayPosted by UK Economy News
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29Nov 07 Anglo-Dutch energy giant Royal Dutch Shell said Thursday that it would soon become project operator for the huge Ormen Lange gas field off the coast of Norway.
Read full story Comments Off Hedge fund pumps 2.5 bln dlrs into ETrade as CEO exitsPosted by UK Economy News
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29Nov 07 One of America's biggest hedge funds, Citadel, has agreed to pump 2.5 billion dollars into the troubled online brokerage ETrade to help shore up its ailing balance sheet, the firms said Thursday.
Read full story Comments Off EU adopts new television advertising rulesPosted by UK Economy News
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29Nov 07 The European Union adopted Thursday new legislation that will ease television advertising rules, while retaining some European cultural diversity, and could come into force at the end of the year.
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