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Breaking News: Market Report: Threat from Google spooks Rightmove
Source: The independent

London :: United Kingdom | updated Thu Dec 03 16:26:13 -0800 2009 | business-news

The property website Rightmove saw its shares slump by more than 10 per cent last night, closing at its lowest level since the summer as traders sold on fears of competition from Google. The stock fell by 57.6p to 499.9p...
Credibility Views: 8 | News Stories: 6 | Blog Posts: 6 | 6 | 10 | 0
 
Latest Breaking News: £850bn - What the bank crash could cost taxpayers
Source: The Scotsman

London :: United Kingdom | updated Thu Dec 03 20:47:31 -0800 2009 | business-news

Britain's banks to the tune of £850 billion – more than £14,000 for every citizen in the UK – new figures reveal today. • Halifax Bank of Scotland headquarters on The Mound, Edinburgh. Picture: Jane Barlow The level of taxpayers'...
Credibility Views: 1 | News Stories: 6 | Blog Posts: 8 | 30 | 3 | 0
 
Current News: Kraft expected to post Cadbury bid Friday: sources
Source: International Business Times

London :: United Kingdom | updated Thu Dec 03 16:50:32 -0800 2009 | business-news

Kraft Foods will post its offer document to Cadbury Plc shareholders on Friday, triggering a two-month 9.8 billion pound ($16.4 billion) takeover fight, sources with knowledge of the situation said on Thursday. The American food giant has until December 7...
Credibility Views: 1 | News Stories: 2 | Blog Posts: 3 | 20 | 12 | 0
 
Current World News: Retail veteran to chair New Look as it prepares IPO
Source: The independent

London :: United Kingdom | updated Thu Dec 03 16:19:14 -0800 2009 | business-news

The fashion retailer New Look further paved the way for its flotation next year by appointing John Gildersleeve as its new chairman. Mr Gildersleeve, who is currently non-executive chairman at the mobile phone retailer Carphone Warehouse, will join the 1,000-store...
Credibility Views: 1 | News Stories: 2 | Blog Posts: 1 | 0 | 2 | 0
 
Latest World News: Building society jobs at risk as mutuals confirm merger plans
Source: The independent

London :: United Kingdom | updated Wed Dec 02 23:48:00 -0800 2009 | business-news

A merger between the Yorkshire and Chelsea building societies, which was confirmed yesterday, will lead to potentially hundreds of job losses and several branch closures. Yorkshire and Chelsea said that they had finalised the deal, a day after admitting they...
Credibility Views: 7 | News Stories: 10 | Blog Posts: 9 | 18 | 21 | 1
 
Source: Guardian Unlimited

London :: United Kingdom | updated Wed Dec 02 22:55:57 -0800 2009 | business-news

But conventional wisdom said he should pipe down when it came to the dirty business of defending the company against a lowball bid from Kraft . Investors, it is argued, don't care about fair-trade credentials and want to see a...
Credibility Views: 14 | News Stories: 2 | Blog Posts: 0 | 14 | 2 | 1
 
Latest World Event: Bankers told: join the real world on bonus pay
Source: The Observer

London :: United Kingdom | updated Thu Dec 03 15:17:17 -0800 2009 | business-news

join the real world on pay Lord Mandelson and Harriet Harman turn up the heat on City over bonuses amid calls for tax on banks Lord Mandelson said bankers needed to show restraint 'by not returning to that bonus culture'....
Credibility Views: 1 | News Stories: 16 | Blog Posts: 13 | 8 | 17 | 0
 
Breaking News Event: Dubai World’s founding document shows UK banks were wrong to think emirate would guarantee loans
Source: Times Online

London :: United Kingdom | updated Thu Dec 03 16:43:02 -0800 2009 | business-news

The Times has obtained a copy of the law that created Dubai World and it clearly states that the Gulf emirate will not back the state-owned company’s debts...Banking insiders have claimed that in meetings between Dubai World and investors, executives...
Credibility Views: 4 | News Stories: 3 | Blog Posts: 8 | 13 | 9 | 1
 
Latest News Event: Sypker interested in taking over Saab
Source: Dutch News

Coventry :: United Kingdom | updated Wed Dec 02 22:49:02 -0800 2009 | business-news

That is all I can tell you,' a spokesman was quoted as saying. General Motors said on Tuesday it is giving potential buyers for Saab until the end of December to make their position's known otherwise it would begin winding...
Credibility Views: 2 | News Stories: 2 | Blog Posts: 0 | 1 | 2 | 1
 
Breaking World News: Marston's hit by property charges
Source: BBC

London :: United Kingdom | updated Thu Dec 03 21:31:00 -0800 2009 | business-news

The main reason for the size of the fall was £37m of charges on property. The firm also reiterated plans to build 60 new pubs over the next three years, with 15 due to open next year. The company raised...
Credibility Views: 6 | News Stories: 12 | Blog Posts: 1 | 3 | 4 | 0

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