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Archive for December 15th, 2007Spanish PM vows to create two million new jobs if re-electedPosted by UK Economy News
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15Dec 07 Spanish Prime Minister Jose Luis Rodriguez Zapatero said Saturday he would create up to two million new jobs if he is re-elected in a general election in March.
Read full story Poland, Russia set date for crucial meat deal: reportPosted by UK Economy News
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15Dec 07 Poland and Russia will probably sign on Wednesday a memorandum to lift a Russian ban on Polish meat imports that has blocked a new EU-Moscow trade deal, Polish news agency PAP reported.
Read full story Comments Off India, Russia, China to boost economic tiesPosted by UK Economy News
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15Dec 07 India, Russia and China vowed to boost trade and investment with each other after a one-day meeting that saw officials and businessmen from the three countries gather in New Delhi this weekend.
Read full story Comments Off US funds suspected of speculation in Alitalia bid: reportPosted by UK Economy News
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15Dec 07 Italian prosecutors have opened a preliminary investigation into US investment funds Evergreen and Quantum for speculation in the bidding for Alitalia, the ANSA news agency reported.
Read full story Comments Off Axel Springer chief blasts German govt over postal wages: reportPosted by UK Economy News
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15Dec 07 The head of Axel Springer, Europe's largest newspaper publisher, which plans to stop investing in a private postal service because of German minimum wage laws, blasted the Berlin government for ignoring a conflict of interest.
Read full story Comments Off Kuwait inflation hits 15-year highPosted by UK Economy News
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15Dec 07 Inflation in oil-rich Kuwait hit 7.3 percent in the first nine months of 2007, the highest figure for 15 years, the state KUNA news agency reported, citing official statistics.
Read full story Comments Off Goldman hired to aid N.Rock rescuePosted by UK Economy News
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15Dec 07 U.S. investment bank Goldman Sachs has been asked to use its global reach to help put together a financing package to rescue ailing bank Northern Rock, a UK Treasury spokesman confirmed on Saturday.
Read full story Comments Off UBS buy of Stanchart’s India funds hits roadblock -reportPosted by UK Economy News
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15Dec 07 Swiss Bank UBS AG's purchase of Standard Chartered's mutual funds business in India has hit a roadblock as India's central bank appears to have rejected the deal, the Economic Times newspaper said on Saturday, citing unidentified sources.
Read full story Comments Off Sony says global sales of PS3 to top 11 millionPosted by UK Economy News
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15Dec 07 Worldwide sales of Sony Corp.'s PlayStation 3 are expected to reach 11 million by the end of this fiscal year, a senior executive said in an interview published Saturday.
Read full story Comments Off Nissan and Chrysler in talks on car, truck supplyPosted by UK Economy News
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15Dec 07 Nissan Motor Co. and Chrysler LLC are in talks to supply each other with vehicles as they seek to expand their market share in North America amid tightening competition, a Japanese daily reported Saturday.
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