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Archive for December 30th, 2007Suez Canal to raise fees in 2008Posted by UK Economy News
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30Dec 07 Transit fees for ships using Egypt's Suez Canal will increase in 2008 by an average of 7.1 percent, the canal authority said on Sunday.
Read full story China to slap export taxes on grainsPosted by UK Economy News
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30Dec 07 China said on Sunday it will levy taxes on grain exports in 2008 in the latest move apparently aimed at reining in galloping inflation and ensuring stable domestic food supplies.
Read full story Comments Off Bosch wants to expand supply for low-price carsPosted by UK Economy News
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30Dec 07 Bosch , the world's largest car parts supplier, wants to expand its business with manufacturers of cheap cars and garner sales of 1 billion euros (740 million pounds) by 2010 from them.
Read full story Comments Off Singapore said not aiming for UBS controlPosted by UK Economy News
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30Dec 07 The Singapore government, which recently bought a 9 percent stake in UBS, does not aim for operational control over the Swiss bank, a Swiss newspaper reported on Sunday.
Read full story Comments Off India’s Tata group set to launch world’s cheapest carPosted by UK Economy News
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30Dec 07 India's giant Tata Group plans to launch the world's cheapest car early in January while also looking set to drive off with two of the poshest marques -- Ford's iconic Jaguar and Land Rover brands.
Read full story Comments Off Singapore said not aiming for control of UBSPosted by UK Economy News
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30Dec 07 The Singapore government, which recently bought a 9 percent stake in UBS, does not aim for operational control over the Swiss bank, a Swiss newspaper reported on Sunday.
Read full story Comments Off SAIC Motor merger with Nanjing Auto aimed at global marketsPosted by UK Economy News
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30Dec 07 The merger of two of China's state-run auto makers comes as its domestic market booms and as the quickly accelerating nation gears up to compete with top global brands, industry officials said.
Read full story Comments Off GSK, AstraZeneca confirm in British Iraq ‘bribes’ probePosted by UK Economy News
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30Dec 07 British pharmaceutical giant GlaxoSmithKline and Anglo-Swedish peer AstraZeneca are being investigated over bribes allegedly paid to Saddam Hussein's deposed Iraqi regime, they confirmed Saturday.
Read full story Comments Off GSK, AstraZeneca investigated in British Iraq ‘bribes’ probePosted by UK Economy News
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30Dec 07 British pharmaceutical giant GlaxoSmithKline and Anglo-Swedish peer AstraZeneca are being investigated over bribes allegedly paid to Saddam Hussein's deposed Iraqi regime, they confirmed Saturday.
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