Archive for April 11th, 2008


Nigeria Shell facility invaded

Posted by UK Economy News
In UK financial news
11Apr 08

Protesting youths in Nigeria's Niger Delta have invaded and occupied an oil flowstation operated by a Royal Dutch Shell joint venture, a company spokeswoman said on Friday.
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BP Carson hydrocracker shut after fire

Posted by UK Economy News
In UK financial news
11Apr 08

A 45,000-barrel-per-day (bpd) hydrocracker was shut on Friday at BP's 265,000 bpd Los Angeles-area refinery in Carson, California, after a brief fire Thursday night, according to sources familiar with refinery operations.
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The head of South Korea's biggest business group Samsung said Friday he will consider structural and management changes to the scandal-tainted conglomerate, including his own position.
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American Brandt Snedeker made a spectacular birdie at the par-three sixth on his way to claiming a share of the lead with South Africa's Trevor Immelman early in Friday's second round of the U.S. Masters.
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Group of Seven finance officials gather here Friday to discuss plans to prevent a repeat of what the IMF chief says is the worst financial crisis since the 1930s Great Depression.
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Dr Pepper Snapple completes demerger loan

Posted by UK Economy News
In UK financial news
11Apr 08

Cadbury Schweppes announced on Friday the completion of $4.4 billion (2.18 billion pounds) in demerger loan facilities backing the separation of Cadbury Schweppes' Americas beverages business from its confectionary business.
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UBS hires former UK chief science adviser

Posted by UK Economy News
In UK financial news
11Apr 08

Swiss investment bank UBS said on Friday it had hired as science adviser David King, former chief scientific adviser to the British government partly credited for the country's strong climate change stance.
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In UK financial news
11Apr 08

European planemaker Airbus said on Friday that Irish airline Aer Lingus had confirmed an earlier order for more Airbus A350-900 and A330-300 planes.
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Novartis has started a late-stage trial for its ASA404 drug for lung cancer, it said on Friday, boosting shares in its partner Antisoma more than 10 percent.
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Dollar slips before key G7 finance meeting

Posted by UK Economy News
In UK financial news
11Apr 08

The dollar dipped on Friday amid fading expectations of any joint effort by world finance chiefs to talk up the sagging greenback at a key meeting in Washington, dealers said.
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