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Archive for May 3rd, 2008Buffett embraces Erica Kane, mocks mortgage messPosted by UK Money News
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3May 08 It's part of Warren Buffett's job not just to answer questions from many of the 31,000 people at the annual meeting of Berkshire Hathaway Inc . He also has to entertain.
Read full story Capital flows will return to Asia once credit crunch ends: ADBPosted by UK Economy News
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3May 08 Once the global credit crunch eases Asia will see the return of the large capital inflows which put the squeeze on their economies, a senior Asian Development Bank (ADB) official said Saturday.
Read full story Comments Off Shell, Repsol seek way out of Iran gas deal: reportPosted by UK Economy News
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3May 08 European oil groups Royal Dutch Shell and Repsol YPF are under pressure from the United States to end talks with Iran about a multi-billion dollar natural gas deal, the Expansion newspaper reported Saturday.
Read full story Comments Off Boeing denies media report on 787 delivery delayPosted by UK Economy News
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3May 08 Boeing denied a German media report on Saturday it had informed customers of another delay on its new 787 Dreamliner model.
Read full story Comments Off Syria raises wages by 25 percent over high pricesPosted by UK Economy News
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3May 08 Syrian President Bashar al-Assad issued a decree on Saturday increasing public sector salaries by 25 percent to compensate for rising prices, state-run SANA news agency reported.
Read full story Comments Off No further delay in Dreamliner deliveries: BoeingPosted by UK Economy News
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3May 08 Leading US jet builder Boeing denied Saturday German media reports that deliveries of its next-generation B787 Dreamliner would be delayed by another nine weeks.
Read full story Comments Off ASEAN agrees to maintain rice price stability: ministerPosted by UK Economy News
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3May 08 ASEAN trade ministers agreed Saturday to help each other during the global food crisis and to take measures to maintain the stability of rice prices and boost production.
Read full story Comments Off Airbus talks on site sales may end -paperPosted by UK Economy News
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3May 08 European aircraft maker Airbus may run into further problems on selling some of its factory sites and be forced to delay some deliveries on its A380 superjumbo, according to German media reports.
Read full story Comments Off Deutsche Telekom eyes up Sprint takeoverPosted by UK Economy News
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3May 08 German telecommunications giant Deutsche Telekom is examining a possible bid for loss-making US mobile provider Sprint Nextel, Germany's Der Spiegel said Saturday.
Read full story Comments Off Shell and Repsol reportedly aim to leave Iran gas projectPosted by UK Economy News
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3May 08 Royal Dutch Shell and Spain's Repsol are negotiating with the Iranian government to pull out of a $10 billion (5 billion pounds) natural gas project due in part to U.S. pressure, Spanish newspaper Expansion reported on Saturday.
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