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Archive for February 24th, 2008Qatari seen eyeing RBS investmentPosted by UK Economy News
In UK financial news
24Feb 08 The Qatari government is considering making an investment in Britain's second biggest bank, the Royal Bank of Scotland , the Sunday Telegraph has reported.
Read full story Huawei says 3Com rebuff due to “complexities” and costsPosted by UK Economy News
In UK financial news
24Feb 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 Comments Off UBS denies report Ospel set to leave after one yearPosted by UK Economy News
In UK financial news
24Feb 08 Switzerland's UBS on Sunday denied a newspaper report that its Chairman Marcel Ospel would definitely leave after another year at the helm, but reiterated that his future after this period was undecided.
Read full story Comments Off Tax experts say German push on Lichtenstein omits own failingsPosted by UK Economy News
In UK financial news
24Feb 08 A landmark German assault on tax dodgers who allegedly stash cash in Liechtenstein overlooks domestic failings and practices by neighbors like Luxembourg and Switzerland, tax experts say.
Read full story Comments Off Japan’s auto sales in Asia to top domestic market: reportPosted by UK Economy News
In UK financial news
24Feb 08 Japanese automobile sales in other Asian markets are forecast to reach five million units in 2008, surpassing the domestic market for the first time, a newspaper said Sunday.
Read full story Comments Off China’s noodle makers vie for share of marketPosted by UK Economy News
In UK financial news
24Feb 08 With many of China's 1.3 billion people eating them every day, it's not surprising that instant noodles are big business in China where an economic boom has created a generation of instant noodle eaters.
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