Your Search Returned 278 tagged news reports
In Paris the CAC 40 fell 3.07 percent to 3,233.96 while in Frankfurt the Dax lost 2.96 percent to finish at 4,620.80 points. Ealier in the day, Asian markets closed in negative territory, with sentiment dampened by plunging corporate profits and evidence...
Tags: paulson, world markets, American International Group, financial crisis, Britain, General Motors, Europe, sharp focus, toxic mortgage, credit crunch
Brazil's president on Saturday demanded major reforms of the international finance system with strong input from big emerging countries because the global economy is victimizing the world's poor. Addressing finance ministers and central bank presidents...
Tags: brazil, Brazilian Finance Ministry, Sao Paulo, finance ministers, global financial, central banks, lula da, financial crisis, da silva, credit crunch
A Bangkok hotel is auctioning off seats to a dinner priced at $1 million US per person — an amount the hotel's chief executive says should bring some hope to financially pinched consumers around the globe. Deepak Ohri, chief executive of the Lebua hotel,...
Tags: credit crunch, Bangkok, bangkok hotel
Royal Worcester, which was founded in 1751 and received the royal warrant in 1789, employs just under 400 in the UK. Royal Worcester & Spode manufactures earthenware and china products from three sites in the UK and one in the US. Its main UK plants are...
Tags: Royal Worcester & Spode, Royal Worcester & Spode, porcelain maker, latest victim, credit crunch
The Queen has questioned why nobody saw the credit crunch coming. Receiving her first academic briefing on the current financial crisis, she asked why nobody noticed the problems sooner. Professor Luis Garicano, director of research at the London School...
Tags: credit crunch
Marks & Spencer Group PLC, often viewed as a bellwether for U.K. consumer sentiment, reported a 43% drop in net profit for its fiscal first half as the retailer took a beating from the recession brewing in Britain. The London-based company, which sells...
Tags: Marks & Spencer, Britain, profits fall, tax profits, Primark, credit crunch
11am UK, Tuesday November 04, 2008 Royal Bank of Scotland has reported an 8% drop in earnings as it outlined plans for its £20bn Government-backed rescue amid the credit crunch. RBS has announced more losses The troubled British bank said full-year...
Tags: credit crunch
November 2008 Posted to the web 3 November 2008 James Abola The people in government like doing what appears to outside observers, as doing nothing. The media in Uganda has shouted itself hoarse about inflated costs of road construction and maintenance.
Tags: credit crunch, Uganda
But a group of British construction workers have come up with a rather extravagant answer. Five of them are singing their way out of the gloom at a building site in London's Canary Wharf. The band, called 'Canary Wolf', burst into voice while bankers...
Tags: guitarist, band, Canary Wharf, credit crunch, construction workers
13 Credit crunch hits Leinster House revamp A major plan to revamp Leinster House has been shelved because of the cash crisis, it emerged today. The Office of Public Works (OPW) revealed the crumbling corridors of power will have to hold out a little...
Tags: ireland, Leinster House, Seanad Éireann, Office of Public Works, crunch hits, credit crunch