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Archive for December 21st, 2007Spain’s Repsol sells 14.9 percent of YPF to Argentine businessmanPosted by UK Economy News
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21Dec 07 Repsol, Spain's biggest oil firm, announced Friday the sale of 14.9 percent of its Argentine affiliate YPF to Argentine businessman Enrique Eskenazi for 2.235 billion dollars (1.64 billion euros).
Read full story Comments Off Spain’s Repsol sells 14.9 percent of YPF to Argentine businessmanPosted by UK Economy News
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21Dec 07 Repsol, Spain's biggest oil firm, announced Friday the sale of 14.9 percent of its Argentine affiliate YPF to Argentine businessman Enrique Eskenazi for 2.235 billion dollars (1.64 billion euros).
Read full story Comments Off Nokia and InterDigital claim patent case victoryPosted by UK Economy News
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21Dec 07 Nokia and wireless technology firm InterDigital each declared victory in a court decision on Friday over patents related to the UMTS third-generation (3G) mobile phone standard.
Read full story Comments Off Nike wins Sports Direct support for Umbro bidPosted by UK Economy News
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21Dec 07 U.S. sporting goods group Nike has moved closer to clinching its 285-million-pound takeover of England football kit-maker Umbro by striking a deal with the firm's biggest shareholder.
Read full story Comments Off KKR says to buy NorthgatePosted by UK Economy News
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21Dec 07 U.S. private equity firm Kohlberg Kravis Roberts said on Friday it had agreed to buy software firm Northgate Information Solutions for 593 million pounds.
Read full story Comments Off Orange takes over Telkom Kenya in key African investment drivePosted by UK Economy News
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21Dec 07 A France Telecom-led consortium on Friday took control of 51 percent of state-owned Telkom Kenya in a drive to expand its presence in Africa's burgeoning mobile phone and internet sectors.
Read full story Comments Off Alitalia board picks Air France-KLM’s 6.5 bn euro rescue planPosted by UK Economy News
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21Dec 07 Alitalia's board of directors said Friday it had advised the Italian government to pursue an offer by Air France-KLM to rescue the near-bankrupt airline with a long-term investment of 6.5 billion euros.
Read full story Comments Off Central bank action slowly easing crisisPosted by UK Economy News
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21Dec 07 Banks gave a lukewarm reception to the Federal Reserve's latest effort to ease credit conditions despite a report on Friday that a fourth large U.S. investment bank received a capital injection from abroad.
Read full story Comments Off Britain’s airports set for January strikes: unionsPosted by UK Economy News
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21Dec 07 Staff at seven British airports including London's busy Heathrow have voted to strike in January over a pensions row, union bosses said Friday, in a move threatening severe passenger disruption.
Read full story Comments Off UBS faces shareholder hostility to Singapore, Middle East helpPosted by UK Economy News
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21Dec 07 UBS is reportedly facing shareholder opposition to a huge injection of funds from Singapore and the Middle East to help the Swiss banking giant overcome the US subprime mortgage meltdown.
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