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Archive for December 23rd, 2007Iran, Italy’s Edison close to gas deal: ministerPosted by UK Economy News
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23Dec 07 Iran and Italian power company Edison are nearing agreement on a deal to pump more than a billion cubic feet of Iranian gas to Europe per day, the Iranian oil minister said on Sunday.
Read full story UAE bank eyes 25 percent stake in Malaysia’s RHB CapitalPosted by UK Economy News
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23Dec 07 Abu Dhabi Commercial Bank (ADCB) is negotiating to buy a 25 percent stake in RHB Capital, the fourth largest banking group in Malaysia, the official WAM news agency said on Sunday.
Read full story Comments Off German government party seizes on minimum wage issuePosted by UK Economy News
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23Dec 07 Germany's ailing Social Democrats, partners in the ruling coalition, said Sunday they would put their call for a national minimum wage at the heart of their campaign in key state polls early next year.
Read full story Comments Off RBS agrees sale and leaseback of 62 branchesPosted by UK Money News
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23Dec 07 The Royal Bank of Scotland said on Sunday it had entered agreements to sell and lease back 62 of its branches, despite fears the sluggish commercial property market was closed to deals.
Read full story Comments Off China mulls law to prevent cheap sale of state assets: reportPosted by UK Economy News
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23Dec 07 Chinese lawmakers are considering a law to prevent state-owned assets being sold too cheaply, state press reported Sunday, legislation that is likely to tighten Beijing's control over business.
Read full story Comments Off China raises tax threshold to ease burden on poorPosted by UK Economy News
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23Dec 07 China has proposed lifting millions of its citizens out of the income tax net to ease the burden on low-wage earners amid rising inflation, state press said Sunday.
Read full story Comments Off China mulls law to prevent cheap sale of state assetsPosted by UK Economy News
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23Dec 07 Chinese lawmakers are mulling a law to prevent state-owned assets being sold too cheaply, state press reported Sunday, legislation that is likely to tighten Beijing's control over business.
Read full story Comments Off Mining giant BHP Billiton seeks talks with rival Rio TintoPosted by UK Economy News
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23Dec 07 The world's biggest miner BHP Billiton has responded to a deadline from British authorities on its proposed takeover bid for Rio Tinto by saying it is still seeking discussions with its rival.
Read full story Comments Off Reining-in inflation tough task for Latvia’s new governmentPosted by UK Economy News
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23Dec 07 Latvia's new government will have its work cut out, reining in the Baltic EU member's soaring inflation rate, with experts predicting price increases are unlikely to ease until late next year.
Read full story Comments Off Norwegian women break down boardroom barriersPosted by UK Economy News
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