News tagged with “credit crunch”. Found:
271 tagged news reports.
Your Search Returned 271 tagged news reports
Standard Chartered plans $2.7b rights issue
London :: United Kingdom | about 1 year ago
Credibility
Reuters Published: November 24, 2008, 23:35 Singapore/London: Emerging markets bank Standard Chartered plans to raise £1.8 billion (Dh9.91 billion) from a rights issue to boost its capital base and give it flexibility to pursue acquisitions, it said...
Tags: Standard Chartered PLC, Standard Chartered bank, emerging markets, billion pounds, 8bn cash, balance sheet, Aberdeen Asset Management Asia, economic downturn, credit crunch
Credit tightens on recession fears
Washington :: WA :: USA | about 1 year ago
Credibility The U.S. recession has begun to squeeze credit markets, threatening to erase gains made by the government's massive bailout plan, data show. Perhaps a simpler concern than a month ago, banks are now concerned companies will not be able to repay loans...
Tags: recession, government, banks, economy, plan, data, stocks, credit crunch
Newspaper to shed 60 jobs as credit crunch bites into advertising revenue
Dublin :: Ireland | about 1 year ago
Credibility The Irish Times will move into the red this year and faces even deeper losses in 2009, the company told staff yesterday. In a bid to cut costs, against the backdrop of the credit crunch, the group is looking to cut almost 10pc of its staff, or 50 to 60...
Tags: credit crunch, job, Irish Times Trust
Recession fears grip world markets
London :: United Kingdom | about 1 year ago
Credibility 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 demands big global finance reforms
São Paulo :: Brazil | about 1 year ago
Credibility 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
Bangkok hotel dishes out million-dollar meal
Hong Kong :: China | about 1 year ago
Credibility 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 goes into administration
London :: United Kingdom | about 1 year ago
Credibility 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
Queen questions credit crunch
Edinburgh :: United Kingdom | about 1 year ago
Credibility 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
Spending Slowdown Hurts Marks & Spencer
London :: United Kingdom | about 1 year ago
Credibility 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
More Credit Crunch Pain For Bank
London :: United Kingdom | about 1 year ago
Credibility 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
Site Links
Site Topics
Contributions
- Report Your News
- Add your voice and contribute via your cellphone - check out how to Report News via Your Cellphone
- Blog Widget
- Widget for Blog Owner
