Tuesday, December 2, 2008
Business & Finance
Money market report - week ended August 14 - ECB introduces 84-day USD Term Auction Facility
On Monday, August 11, the European Central Bank (ECB) announced its weekly Main Refinancing Operation (MRO). This attracted bids for €233.4...
Daily currency report
The US dollar moved to a six month high against a number of currencies, driven by a rapidly deteriorating economic outlook for the rest of the...
Financial news
The Malta Stock Exchange started the week in the red at 3,797 points, a reduction of 0.25 per cent from its previous reading, with relatively low...
Commonwealth Bank eyeing BankWest
Commonwealth Bank of Australia, the country's No. 2 bank by assets, may offer over €3.5 billion (£2.8 billion) to HBOS for its...
BA boss says will not give up Heathrow slots
British Airways chief executive officer Willie Walsh has vowed the airline will not surrender runway slots at Heathrow in order to land its...
Woolworths rejects Iceland boss bid offer
Woolworths confirmed on Sunday that it had received a proposal by Iceland boss Malcolm Walker to acquire its 815-store retail division but said it...
Renewed credit fears drag down stocks
Renewed credit worries knocked down global stocks yesterday amid new fears that the US government will need to prop up the two largest mortgage...
BAA bidders line up to buy Gatwick airport
International infrastructure groups have approached British Airports Authority (BAA) with offers to buy London's Gatwick airport for up to...
Tesco seeks £500 million from sale of stores
Tesco, Britain's biggest retailer, is in talks to sell up to a dozen of its largest stores in a move that could raise up to £500 million...
Analysts expecting large loss from Lehman
Some analysts are girding for a third-quarter loss of €1.2 billion (£964 million) or more from US investment bank Lehman Brothers...
House prices in UK fall 4.8 per cent
House prices fell 4.8 per cent year-on-year this month, a survey by property Web site Rightmove showed yesterday, the fastest fall since the...
Gannett to cut 1,000 newspaper jobs
Gannett Co Inc plans to eliminate 1,000 positions from its local newspapers around the US because of declining advertising and circulation...
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