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Economy

Investors have sentenced Greece

23/04/2010 09:22:30

Greece on Thursday suffered a further punishment ofrom the markets. The third upward revision of its public deficit figures in just six months. Eurostat, the Statistical Office of the European Commission,...

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IMF raises global growth forecast

22/04/2010 09:23:19

The International Monetary Fund (IMF) predicted Tuesday that the global economy will grow by 4.2% in 2010, more than previously expected. The IMF on Wednesday launched its report "World Economic Outlook.

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Arriva confirmed it is in talks with Deutsche Bahn about a possible takeover bid

20/04/2010 10:23:55

The British passenger transport services Arriva acknowledged today that it is in talks with German rail operator Deutsche Bahn on the possible terms of a recommended takeover offer in cash, confirmed today in a statement.

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Mothercare is doing well in the first quarter

16/04/2010 10:14:21

Mothercare yesterday gave a positive update on first-quarter performance, saying UK busi-ness had shown resilience. The maternity and baby goods retailer, which last year acquired the Early Learning Centre (ELC) in an £85 million deal, said UK like-for-like sales were up one per cent in the 15 weeks to July 11. Total group sales saw an increase of 20.7 per cent after the acquisition. Sales at Mothercare's Direct in Home online and catalogue arm were up 77.7 per cent, 27.5 per ...

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Barclays to back Liverpool refinancing - report

11/04/2010 07:15:50

The newspaper said the bank is this weekend finalising a deal that will see it replace the club's current lenders, provide more funds for manager Rafa Benitez to spend on players and install British Airways chairman Martin Broughton as chairman. It added that Barclays Capital had been hired to find a buyer for the club -- 18 times English champions and five-times winners of the European Cup -- which is owned by American businessmen Tom Hicks and George Gillett. The ...

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Burkle bids $600 million for Disney's Miramax

09/04/2010 09:39:21

Billionaire investor Ron Burkle's Yucaipa Cos, in a partnership with movie producers Bob and Harvey Weinstein, has offered to pay $600 million for Walt Disney Co's Miramax, a source with knowledge of the situation said on Thursday,...

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Obama: 'This reform will not save banks with public money'

23/04/2010 09:57:13

President Barack Obama on Thursday at noon made a speech in New York to explain the White House plan ...

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Measures to be taken in the UK against "vulture funds"

21/04/2010 08:54:19

The UN Rapporteur on Human Rights and Foreign Debt, Cephas Lumina, welcomed the adoption in the UK of ...

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1.360 euros to go in taxi from England to Switzerland

19/04/2010 09:50:23

A group of executives from a multinational firm paid 1200 pounds (1,360 euros) for a taxi from the town of Northampton,...

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Markets salute deal on Greece, for now

12/04/2010 20:15:47

Markets saluted a euro zone deal on a huge standby rescue package for Greece, slashing the debt-laden ...

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Euro zone readies rescue package for Greece

11/04/2010 20:15:48

Euro zone finance ministers approved a giant 30-billion-euro (26.3 billion pound) emergency aid mechanism ...

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Firms warn job market very tough outside London

09/04/2010 09:33:58

The job market outside London is still mired in recession, Britain’s biggest recruitment firm Hays warned,...

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Rail unions call strike as election looms
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New York bar to set menu prices like stocks
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