Archive for January 13th, 2008



Volkswagen , the world's fourth largest carmaker, increased group vehicle sales by 7.9 percent to a record 6.189 million units last year thanks to growth at all 8 brands and forecast a further gain for 2008.
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VW to decide N American plant site in 2008

Posted by UK Economy News
In UK financial news
13Jan 08

Volkswagen AG will decide in 2008 where to build a new auto plant in North America, VW chairman Martin Winterkorn said on Sunday.
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Alongside the flashing camera bulbs and sparkling champagne at previews of Detroit auto show Sunday were hints of the high stakes and hard times facing automakers in the United States.
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Boeing wins big Gulf Air 787 order

Posted by UK Economy News
In UK financial news
13Jan 08

Boeing won an order from Bahrain's Gulf Air for as many as 24 of its 787 aircraft, worth as much as $6 billion (3 billion pounds), according to Gulf Air, which also agreed an initial request for eight Airbus A320s.
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Scottish & Newcastle bid may get U.S. help

Posted by UK Economy News
In UK financial news
13Jan 08

U.S. brewer Anheuser-Busch has approached peer Scottish & Newcastle about helping it in any bid for full control of Baltic Beverages Holding, The Sunday Times reported.
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Scottish & Newcastle bid may get U.S. help

Posted by UK Economy News
In UK financial news
13Jan 08

U.S. brewer Anheuser-Busch has approached peer Scottish & Newcastle about helping it in any bid for full control of Baltic Beverages Holding, The Sunday Times reported.
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Germany has again lowered its 2008 economic growth forecast and hatched a plan to fend off a possible global recession, Der Spiegel magazine reported in its issue to be released Monday.
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Cenkos may raise offer for Close Brothers

Posted by UK Economy News
In UK financial news
13Jan 08

Boutique advisory firm Cenkos Securities may raise its indicative offer for investment bank Close Brothers Group to over 1,000 pence, The Sunday Times reported.
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Australian investment and advisory firm Babcock & Brown has bought a 10 percent stake in British ports operator Forth Ports that could lead to a takeover offer, The Sunday Times reported.
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In UK financial news
13Jan 08

Struggling Bahrain-based carrier Gulf Air said Sunday it was holding talks with European manufacturer Airbus to buy eight A320 aircraft, a day after placing a four-billion-dollar order with Boeing.
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