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Archive for February 23rd, 20083Com rebuff due to ‘complexities’ and costs -HuaweiPosted by UK Economy News
In UK financial news
23Feb 08 Bain Capital Partner's $2.2 billion (1.1 billion pounds) bid to buy 3Com Corp with China's Huawei Technologies failed due to acquisition complexities and rising costs, Huawei said in its first public comments since U.S. national security concerns scuppered the deal on Wednesday.
Read full story Singapore Airshow sees 13.4 billion dollars in deals: organisersPosted by UK Economy News
In UK financial news
23Feb 08 The Singapore Airshow saw more than 13.4 billion US dollars in sales of aircraft and related equipment this week, thanks to a booming aviation market, organisers have said.
Read full story Comments Off Argentina, Brazil to build joint uranium enrichment plantPosted by UK Economy News
In UK financial news
23Feb 08 Presidents Cristina Kirchner, of Argentina, and Luiz Inacio Lula da Silva, of Brazil, on Friday agreed to set up a joint uranium enrichment company to build a power-generating nuclear reactor to serve both countries.
Read full story Comments Off Tate & Lyle switching sugar range to ethical labelPosted by UK Economy News
In UK financial news
23Feb 08 Sugar refiner and sweetener maker Tate & Lyle said on Saturday it has begun to switch its retail sugar range to the ethical Fairtrade label, with the first products sourced from former British colony Belize.
Read full story Comments Off Microsoft says jobs aplenty even after Yahoo dealPosted by UK Economy News
In UK financial news
23Feb 08 Microsoft suggested on Friday that it had no plans to make major lay-offs if it succeeded in buying Yahoo , saying there were plenty of employee opportunities throughout the company.
Read full story Comments Off Ambac rescue may be announced Monday or TuesdayPosted by UK Economy News
In UK financial news
23Feb 08 A rescue for bond insurer Ambac Financial Group Inc may be announced on Monday or Tuesday, a person familiar with the matter said on Friday.
Read full story Comments Off Ambac rescue said may be announced Mon or TuesPosted by UK Economy News
In UK financial news
23Feb 08 A rescue for bond insurer Ambac Financial Group Inc may be announced on Monday or Tuesday, a person familiar with the matter said on Friday.
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