Read full story
Comments Off
Archive for April 3rd, 2008EU proposes allowing antitrust victims to sue for damagesPosted by UK Economy News
In UK financial news
3Apr 08 The European Commission unveiled plans on Thursday to give consumers and businesses greater powers to sue companies caught running illegal cartels or abusing their market power.
Read full story Germany’s BayernLB bank takes massive hit, needs 9 bln dlrs bailoutPosted by UK Economy News
In UK financial news
3Apr 08 Germany's second-biggest regional bank reported Thursday a massive hit from the global credit crunch and said it was putting together a six-billion-euro (9.4-billion-dollar) rescue package.
Read full story Comments Off Oil prices drop as profit-taking sets inPosted by UK Economy News
In UK financial news
3Apr 08 World oil prices fell on Thursday on profit-taking after surging by almost four dollars the previous day on news that stockpiles of US motor fuel were tightening, traders said.
Read full story Comments Off BAE to cut nearly 600 jobsPosted by UK Economy News
In UK financial news
3Apr 08 BAE Systems said on Thursday it hoped to use voluntary redundancies to cut nearly 600 jobs from two sites in England.
Read full story Comments Off German Pin Group logistics cuts half workforcePosted by UK Economy News
In UK financial news
3Apr 08 The private German postal company Pin Group has fired more than half its staff following the failure of more than half of its regional subsidiaries, its court-appointed administrator said on Thursday.
Read full story Comments Off BAE Systems may axe nearly 600 jobs in BritainPosted by UK Economy News
In UK financial news
3Apr 08 BAE Systems, the British company making military equipment, said on Thursday that it planned to shed up to 584 jobs at two of its plants in northern England.
Read full story Comments Off Italy checking if Air France, Alitalia unions could yet agreePosted by UK Economy News
In UK financial news
3Apr 08 The Italian government said Thursday it will try to determine whether an agreement remains possible between Air France-KLM and Alitalia unions after the French-Dutch company pulled out of takeover talks.
Read full story Comments Off Societe Generale trader has not laid dismissal case: sourcePosted by UK Economy News
In UK financial news
3Apr 08 The trader Jerome Kerviel who allegedly cost Societe Generale bank 4.9 billion euros with unauthorised activities has not begun a wrongful dismissal claim, a source close to him said on Thursday in response to a press report.
Read full story Comments Off EU telco chief to name and shame high-price operatorsPosted by UK Economy News
In UK financial news
3Apr 08 Europe's top telecoms regulator plans to name and shame operators that do not cut their roaming text message and wholesale data transmission prices by July 1.
Read full story Comments Off Norilsk sells 1 pct stake in Polyus as EGM loomsPosted by UK Economy News
In UK financial news
3Apr 08 Norilsk Nickel sold its 1 percent stake in Polyus Gold for $98.9 million (49.9 million pounds), the metals giant said on Thursday, as a battle looms for control over Russia's No.1 gold miner.
Read full story Comments Off |
|
Subscribe to RSS
