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Archive for January 20th, 2008Leaders head for Davos as chilly winds whip world economyPosted by UK Economy News
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20Jan 08 The icy Swiss mountains are to host the world's business and political elite this week for their annual gathering in Davos, where the cooling temperature of the world economy is set to focus minds.
Read full story BHP Billiton ‘preparing hostile bid for Rio Tinto’Posted by UK Economy News
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20Jan 08 BHP Billiton, the world's biggest miner, is preparing a hostile bid for peer Rio Tinto whose board has turned down a friendly approach worth billions of US dollars, British newspapers said Sunday.
Read full story Comments Off British PM, Richard Branson deny secret deal on Northern RockPosted by UK Economy News
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20Jan 08 British Prime Minister Gordon Brown said Sunday he was not secretly negotiating the future of troubled bank Northern Rock with Virgin boss Richard Branson, who was travelling with him in India.
Read full story Comments Off Anti-Nokia backlash grows in GermanyPosted by UK Economy News
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20Jan 08 Anti-Nokia anger in Germany for closing a factory is growing with politicians publicly ditching the firm's phones and joining calls for a national boycott in Europe's largest economy.
Read full story Comments Off UBS shareholder wants leadership change votePosted by UK Money News
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20Jan 08 Swiss shareholder advocacy group Ethos wants shareholders to be given the opportunity to vote for a new UBS chairman, Ethos head Dominique Biedermann was quoted as saying in an interview published on Sunday.
Read full story Comments Off Corporations team up to cut supply chain emissionsPosted by UK Economy News
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20Jan 08 Eleven of the world's largest companies are teaming up to see how they can work with thousands of their suppliers to curb greenhouse gas emissions, a green consultancy said on Sunday.
Read full story Comments Off Carbon Disclosure Project to assess world business CO2 footprintPosted by UK Economy News
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20Jan 08 The Carbon Disclosure Project (CDP), a consortium of 315 top institutional investors assessing industries about their CO2 emissions, announced Sunday a new partnership to extend its global initiative to companies and suppliers.
Read full story Comments Off BHP Billiton ‘preparing hostile bid for Rio Tinto’Posted by UK Economy News
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20Jan 08 BHP Billiton, the world's biggest miner, is preparing a hostile bid for peer Rio Tinto whose board has turned down a friendly approach worth billions of US dollars, British newspapers said Sunday.
Read full story Comments Off Biffa gets approach from GE-backed fundPosted by UK Economy News
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20Jan 08 Waste collection firm Biffa has received a counter-approach worth around 1.5 billion pounds from the infrastructure fund of one of the world's largest companies, General Electric , according to the Sunday Telegraph newspaper.
Read full story Comments Off EU could help Germany’s Nokia workers: European Commission presidentPosted by UK Economy News
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20Jan 08 Brussels could help Nokia workers who lose their jobs when the mobile phone giant closes a factory in Germany to shift production to Romania, European Commission President Jose Manuel Barrosso said in an interview to appear on Monday.
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