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Archive for January 19th, 2008BlueStar plans new methionine plant in China: reportPosted by UK Economy News
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19Jan 08 France's Adisseo Group, an animal feed additive producer and subsidiary of China National Bluestar Corporation, will build a new plant to produce the amino acid methionine, Chinese media said.
Read full story Saudi’s SABIC announces 33 pct profit boost in 2007Posted by UK Economy News
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19Jan 08 Petrochemical giant Saudi Basic Industries Corp (SABIC) on Saturday recorded a 33 percent boost in annual net profits in 2007, according to a company statement.
Read full story Comments Off French-led consortium wins contract for Singapore sports hubPosted by UK Economy News
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19Jan 08 A consortium led by a subsidiary of France's Bouygues Construction has been chosen to build a 1.2 billion Singapore dollar (834 million US) national stadium and sports hub in Singapore, a top official said Saturday.
Read full story Comments Off India’s biggest share offer of Reliance Power sets domestic recordPosted by UK Economy News
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19Jan 08 India's biggest initial public share offer by Reliance Power made domestic financial history as investors ordered nearly 200 billion dollars worth of stock, figures showed on Saturday.
Read full story Comments Off Two Chinese car models get EU sale approval -paperPosted by UK Economy News
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19Jan 08 Two models built by Chinese carmakers have been approved to go on sale in Europe, paving the way to launch them next month, industry paper Automotive News Europe reported on Saturday.
Read full story Comments Off Bush urges Congress to act on US economic stimulusPosted by UK Economy News
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19Jan 08 US President George W. Bush urged Congress Saturday to act without delay on his economic stimulus package and make temporary tax cuts passed earlier in his administration permanent.
Read full story Comments Off Gambian leader says uranium reserves discoveredPosted by UK Economy News
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19Jan 08 The tiny West African country of Gambia has discovered commercially-exploitable deposits of uranium and other rare minerals, President Yahya Jammeh said on Saturday.
Read full story Comments Off Bond plan mooted to save troubled British bank Northern RockPosted by UK Economy News
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19Jan 08 British Prime Minister Gordon Brown on Saturday confirmed receipt of a key report on the future financing of British bank Northern Rock, after claims its loans will be converted into bonds and sold.
Read full story Comments Off India’s biggest share offer of Reliance Power oversubscribed 73 timesPosted by UK Economy News
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19Jan 08 India's biggest share offer by Reliance Power was oversubscribed 73 times as investors scrambled to apply for a slice of the nearly three-billion-dollar flotation, final figures showed on Saturday.
Read full story Comments Off Warner Music acquires French tour company CamusPosted by UK Economy News
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19Jan 08 The French division of Warner Music Group has acquired one of the country's leading tour production and promotion companies, Jean-Claude Camus Productions, for an undisclosed fee.
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