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Archive for August 17th, 2008OECD slams Britain’s corporate bribery record: reportPosted by UK Economy News
In UK financial news
17Aug 08 OECD member-states have written to Britain criticising London's failure to deal with corporate bribery, the Financial Times said Sunday.
Read full story Sour economy top issue in US presidential racePosted by UK Economy News
In UK financial news
17Aug 08 The US economy has become the number-one issue of November's fast-approaching presidential election, and whoever ends up controlling the White House will face pressing budget and fiscal challenges.
Read full story Comments Off Deutsche Telekom to slash call centres: reportPosted by UK Economy News
In UK financial news
17Aug 08 Germany's Deutsche Telekom, the biggest telecoms group in Europe, intends to shut nearly half its call centres in Germany, according to a report due out Monday in the Focus newsweekly.
Read full story Comments Off Woolworths rejects Iceland boss bid offerPosted by UK Economy News
In UK financial news
17Aug 08 Woolworths confirmed on Sunday that it had received a proposal by Iceland boss Malcolm Walker to acquire its 815-store retail division but said it had been rejected.
Read full story Comments Off Tesco seen seeking 500 mln pounds from sale of storesPosted by UK Economy News
In UK financial news
17Aug 08 Tesco , Britain's biggest retailer, is in talks to sell up to a dozen of its largest stores in a move that could raise up to 500 million pounds, the Sunday Telegraph reported.
Read full story Comments Off Bidders seen lining up to buy Gatwick airportPosted by UK Economy News
In UK financial news
17Aug 08 International infrastructure groups have approached British Airports Authority (BAA) with offers to buy London's Gatwick airport for up to 3 billion pounds, the Sunday Times reported without citing sources.
Read full story Comments Off UBS to return to profitability in 2009: chairmanPosted by UK Economy News
In UK financial news
17Aug 08 Switzerland's biggest bank UBS, which has lost billions in the United States subprime crisis, would return to profitability next year, its chairman Peter Kurer said in remarks published Sunday.
Read full story Comments Off US housing market recovery not until 2009: analystsPosted by UK Economy News
In UK financial news
17Aug 08 As the US economy appears more than ever linked to the health of the housing market, analysts see no end to falling prices or recovery in the sector before 2009.
Read full story Comments Off Business as usual for Beijing copyright pirates during OlympicsPosted by UK Economy News
In UK financial news
17Aug 08 China has muffled dissidents and thinned out its notorious traffic for the Beijing Olympics, but its brazen peddlers of counterfeit goods are proving tougher to bring to heel.
Read full story Comments Off Focus on Hong Kong as fine wine market looks eastPosted by UK Economy News
In UK financial news
17Aug 08 Just weeks after Hong Kong scrapped a 40 percent duty on wine this year, American entrepreneur and oenophile Stephen Bachmann flew here to investigate business opportunities.
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