BSkyB loses ITV legal challenge
Posted in: Finance, By: admin, At: September 30th, 2008
BSkyB loses its challenge to the Competition Commission’s move forcing the firm to reduce its stake in ITV.
Saving face
Posted in: Finance, By: admin, At: September 30th, 2008
The impact of B&B’s demise in its home town
Bank shares fall after B&B move
Posted in: Finance, By: admin, At: September 30th, 2008
Banking shares decline sharply following the news that Bradford & Bingley (B&B) is to be nationalised.
MFI bosses make buy-out deal
Posted in: Finance, By: admin, At: September 30th, 2008
Furniture retailer MFI will continue to trade after a management buy-out saved the company from further trouble.
Japan agrees economy measures
Posted in: Finance, By: admin, At: September 30th, 2008
Japan’s cabinet agrees new funding to stimulate the economy, and Prime Minister Taro Aso also offers tax cuts.
Akzo Nobel set to cut 3,500 jobs
Posted in: Finance, By: admin, At: September 30th, 2008
The world’s largest paint maker, Akzo Nobel, says it will cut 3,500 jobs as part of a cost-cutting drive.
BT to kick off fresh Phorm trial
Posted in: Finance, By: admin, At: September 30th, 2008
Telecoms giant BT is starting a third trial of a controversial internet advertising system on 30 September.
Iceland nationalises Glitnir bank
Posted in: Finance, By: admin, At: September 30th, 2008
The Icelandic government takes control of the country’s third largest bank, Glitnir, after it faced short-term funding problems.
Zimbabwe issues new notes
Posted in: Finance, By: admin, At: September 30th, 2008
The Zimbabwean government issues higher denomination banknotes to tackle a shortage of cash.
Citigroup to buy US bank Wachovia
Posted in: Finance, By: admin, At: September 30th, 2008
Wachovia, the fourth-largest US bank, is being bought by larger rival Citigroup in a rescue deal backed by US authorities.
