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Archive for December 16th, 2007Internet subtracts banks from lending equationPosted by UK Economy News
In UK financial news
16Dec 07 The Internet is directly connecting investors and borrowers, letting them take banks out of the lending equation and put their money where their hearts and dreams are.
Read full story Volkswagen reports record salesPosted by UK Economy News
In UK financial news
16Dec 07 German auto giant Volkswagen on Sunday said it had sold a record number of 3.37 million VW vehicles in the first 11 months of 2007.
Read full story Comments Off Spanish construction group announces Libyan government partnershipPosted by UK Economy News
In UK financial news
16Dec 07 Spanish construction group BTP Sacyr Vallehermoso said Sunday it had created a joint company with the Libyan government to bid for infrastructure contracts in the north African country.
Read full story Comments Off Dresdner Kleinwort to shed up to 500 jobsPosted by UK Money News
In UK financial news
16Dec 07 Dresdner Bank, owned by German insurer Allianz , intends to cut up to 500 staff at its investment banking arm, Dresdner Kleinwort, the German financial magazine Focus reported on Sunday.
Read full story Comments Off Tata seen winning Jaguar auctionPosted by UK Economy News
In UK financial news
16Dec 07 Ford Motor Co is poised to name India's Tata Motors as preferred bidder for its Jaguar and Land Rover brands, the Sunday Times reported.
Read full story Comments Off Tata seen winning Jaguar and Land Rover auctionPosted by UK Economy News
In UK financial news
16Dec 07 Ford Motor Co is poised to name India's Tata Motors as preferred bidder for its Jaguar and Land Rover brands, the Sunday Times reported.
Read full story Comments Off Airbus close to sale of four factories: reportPosted by UK Economy News
In UK financial news
16Dec 07 Airbus boss Thomas Enders could be days away from selling four of the aircraft maker's factories to US company Spirit Aero Systems, a German newspaper reported on Sunday.
Read full story Comments Off Japan’s Nomura seen eyeing Collins StewartPosted by UK Economy News
In UK financial news
16Dec 07 Japan's Nomura Holdings is in talks with Collins Stewart about a takeover that could value the British broker at more than 700 million pounds, the Sunday Telegraph reported on Sunday.
Read full story Comments Off Japan’s Nomura seen eyeing Collins StewartPosted by UK Economy News
In UK financial news
16Dec 07 Japan's Nomura Holdings is in talks with Collins Stewart about a takeover that could value the British broker at more than 700 million pounds, the Sunday Telegraph reported on Sunday.
Read full story Comments Off Morgan Stanley Asia chairman says US heading to recessionPosted by UK Economy News
In UK financial news
16Dec 07 The US is heading for a recession and the rest of the world would be "dead wrong" to think this will not impact on growing Asian economies, Morgan Stanley senior executive Stephen Roach said Sunday.
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