Tuesday, 22 July 2008 @ 04:13
HSBC says to keep KEB listed if deal goes through
SEOUL (Reuters) - HSBC Holdings , whose $6.3 billion (3.15 billion pound) bid to buy Korea Exchange Bank (KEB) has stalled over a legal saga, pledged on Tuesday to keep KEB listed and name local directors if the acquisition goes through.
Tuesday, 22 July 2008 @ 01:07
Awards honour communication in business
THE Suffolk Criminal Justice Board scooped the big prize at the annual Communic8 Awards, organised by the Communicators in Business East Anglia. Praised for its three-stage communications strategy to improve public confidence in the criminal justice system, the Suffolk Criminal Justice Board was named the Golden Communicator of the Year and will automatically go forward for the National Communic8 Awar...
Tuesday, 22 July 2008 @ 01:07
Ryanair to cut Stansted services
BUDGET airline Ryanair today warned of hundreds of job losses at Stansted Airport as it announced a 14% cut-back in flights for the coming winter. Irish-based Ryanair, which also announced cuts in services from Dublin earlier this week, blamed the move on a number of factors including the increase in fuel prices, the cost of using Stansted and a “total failure” of the Civil Aviation Authority's regul...
Tuesday, 22 July 2008 @ 01:07
Jobless count rises again
THE number of people claiming unemployment benefit rose at the sharpest rate for more than 15 years last month, official figures revealed yesterday. The Jobseeker's Allowance claimant count rose by 15,500 in June to 840,100- the biggest monthly increase since December 1992.
Tuesday, 22 July 2008 @ 01:07
'Green' building materials hit new high
A SUFFOLK company is building up to new heights after scooping a place in the semi-finals of a national business award. Needham Market-based Earth and Reed, which supplies environmentally-friendly building and decorating materials, is among four companies competing in the small business category of the 2008 Barclays Commercial Bank Green Leaders in Business Awards.
Monday, 21 July 2008 @ 13:00
HBOS investors take up just 8.3pc of issue
The largest rump of shares ever to be placed following a rights issue will fall on the market today as investment bankers try to offload £3.5bn worth of HBOS stock.
Monday, 21 July 2008 @ 09:55
Alistair Darling set for U-turn on foreign profits tax plan
Alistair Darling is to scrap plans to crack down on British companies avoiding tax on foreign profits, it has been reported. The Chancellor's plan to be tougher on tax avoidance in return for exempting foreign profits from tax threatened to provoke an exodus of businesses from Britain, according to some analysts.
Monday, 21 July 2008 @ 09:45
HSBC shares jump on CIC investment hopes
HSBC has held talks with China's main sovereign investment fund over a potential investment in Europe's largest bank, The Sunday Telegraph has learned.
Monday, 21 July 2008 @ 08:42
FTSE falls early on weak oils and HBOS
LONDON (Reuters) - The FTSE fell early on Monday, giving up some of the previous session's sharp gains, after a disappointing take-up of HBOS's rights issue and as oil shares weighed with crude trading well off record highs.