Read full story
Comments Off
Archive for January 30th, 2008Iberdrola rises on report of possible EDF takeover bidPosted by UK Economy News
In UK financial news
30Jan 08 Shares in Iberdrola, Spain's second-biggest energy utility, closed higher Wednesday following a report that its core shareholder ACS and France's EDF are mulling a joint bid for the firm.
Read full story Taxi driver strike disrupts French citiesPosted by UK Economy News
In UK financial news
30Jan 08 Thousands of disgruntled taxi drivers disrupted traffic on the streets of France's main cities on Wednesday, protesting against plans to deregulate their industry.
Read full story Comments Off Roche posts strong profits on cancer drug salesPosted by UK Economy News
In UK financial news
30Jan 08 Swiss pharmaceutical giant Roche reported Wednesday a better-than-expected 2007 net profit of 11.4 billion Swiss francs (10.4 billion dollars, 7.1 billion euros), boosted by cancer drug sales.
Read full story Comments Off EU to ban Brazilian beef importsPosted by UK Economy News
In UK financial news
30Jan 08 The European Union will suspend all imports of Brazilian beef from Thursday after Brazil failed to provide sufficient guarantees on their safety, the European Commission said.
Read full story Comments Off Brussels fines E.ON 38 million euros over broken sealPosted by UK Economy News
In UK financial news
30Jan 08 The European Commission on Wednesday slapped a 38-million-euro (56-million-dollar) fine on German energy group E.ON for breaking a seal on a room that contained confiscated papers.
Read full story Comments Off Altria to spin off Philip Morris in MarchPosted by UK Economy News
In UK financial news
30Jan 08 US tobacco giant Altria said Wednesday it would spin off its Philip Morris International unit in March, continuing a restructuring begun last year.
Read full story Comments Off Subprime debacle drives UBS into 3.5-bln-dlr loss in 2007Posted by UK Economy News
In UK financial news
30Jan 08 Swiss banking giant UBS on Wednesday posted its first-ever full-year loss after losing billions in the US mortgage crisis and turning to Asian investors for a bail-out, sparking shareholder discontent.
Read full story Comments Off Boeing soars to record profits in 2007, warns on 2008Posted by UK Economy News
In UK financial news
30Jan 08 US aerospace giant Boeing reported Wednesday record profits in 2007 and raised its outlook for 2008, saying productivity gains would offset delays in its 787 Dreamliner program.
Read full story Comments Off Fed set to deliver fresh rate cut to spluttering US economyPosted by UK Economy News
In UK financial news
30Jan 08 The Federal Reserve appeared set to deliver a fresh interest rate cut Wednesday to a struggling US economy just a week after an emergency easing, amid growing evidence of a slowdown.
Read full story Comments Off Oil prices dip under 92 dollars as US crude reserves climbPosted by UK Economy News
In UK financial news
30Jan 08 World oil prices slipped back under 92 dollars per barrel on Wednesday following news that US crude stockpiles rose for a third successive week.
Read full story Comments Off |
|
Subscribe to RSS
