http://www.abcmoney.co.uk ABC money news offers information for the discerning reader interested in everything financial. Frequently updated stories and headlines ensure that you are kept up to date with money news as easily as abc. EN-GB PHP/4.3.11 http://www.abcmoney.co.uk/news/082008193405.htm Swiss Market Index 8,200.05, up 89.90 points Tue, 08 Jan 2008 08:57:05 GMT http://www.abcmoney.co.uk/news/082008193405.htm http://www.abcmoney.co.uk/news/082008193404.htm MUMBAI (Thomson Financial) - India's largest utility vehicles maker Mahindra & Mahindra Ltd confirmed that it has decided to pull out of its Oragadam joint venture with Renault SA and Nissan Motor Co. Tue, 08 Jan 2008 08:56:48 GMT http://www.abcmoney.co.uk/news/082008193404.htm http://www.abcmoney.co.uk/news/082008193403.htm HONG KONG (XFN-ASIA) - Share prices closed lower as property stocks turned weak in late trade, offsetting gains in China banks following positive 2007 earnings guidance from China Merchants Bank. Tue, 08 Jan 2008 08:55:55 GMT http://www.abcmoney.co.uk/news/082008193403.htm http://www.abcmoney.co.uk/news/082008193402.htm HELSINKI (Thomson Financial) - Retailer Stockmann said group sales rose 52 pct in December year-on-year to 263 mln eur, boosted by new selling space and 'good' like-for-like sales growth abroad. Tue, 08 Jan 2008 08:55:36 GMT http://www.abcmoney.co.uk/news/082008193402.htm http://www.abcmoney.co.uk/news/082008193401.htm LONDON (Thomson Financial) - UK smaller companies opened higher today, matching the positive trend among blue chips, with Univision Engineering top after its 4.3 mln stg contract win. Tue, 08 Jan 2008 08:55:03 GMT http://www.abcmoney.co.uk/news/082008193401.htm http://www.abcmoney.co.uk/news/082008193400.htm FRANKFURT (Thomson Financial) - BNP Paribas sees good potential several business lines in the German market, where it plans to grow mainly organically, Germany head Joachim von Schorlemer said in an interview with daily Boersen-Zeitung. Tue, 08 Jan 2008 08:55:03 GMT http://www.abcmoney.co.uk/news/082008193400.htm http://www.abcmoney.co.uk/news/082008193399.htm LONDON (Thomson Financial) - ICB Financial Group Holdings AG said it has completed its 20 pct stake-sale in Sorak Financial Holdings Pte Ltd to Fullerton Financial Holdings Pte Ltd today for 211.6 mln Singapore dollars in cash. Tue, 08 Jan 2008 08:55:03 GMT http://www.abcmoney.co.uk/news/082008193399.htm http://www.abcmoney.co.uk/news/082008193398.htm WARSAW (Thomson Financial) - Poland's treasury ministry could support a dividend payout of 20-40 pct on this year's profit by state-controlled bank PKO BP, Deputy Minister Michal Chyczewski told state news agency PAP today. Tue, 08 Jan 2008 08:53:34 GMT http://www.abcmoney.co.uk/news/082008193398.htm http://www.abcmoney.co.uk/news/082008193397.htm SAN FRANCISCO (Thomson Financial) - Bayer AG affirmed its goal of reaching pre-exceptional EBITDA margin at its HealthCare division of more than 25 pct in 2007, saying also it aims to lift the margin to 'around' 28 pct in 2009. Tue, 08 Jan 2008 08:53:06 GMT http://www.abcmoney.co.uk/news/082008193397.htm http://www.abcmoney.co.uk/news/082008193396.htm PARIS (Thomson Financial) - Fabricom, a unit of Suez, said it has signed a five-year contract with Total to provide engineering and construction services for 21 oil rigs in the North Sea. Tue, 08 Jan 2008 08:48:32 GMT http://www.abcmoney.co.uk/news/082008193396.htm http://www.abcmoney.co.uk/news/082008193395.htm JERUSALEM (Thomson Financial) - US Secretary of State Condoleezza Rice warned Tehran in an interview published on Tuesday that it should cease its 'provocations' after Iranian vessels confronted US warships in the Gulf. Tue, 08 Jan 2008 08:46:43 GMT http://www.abcmoney.co.uk/news/082008193395.htm http://www.abcmoney.co.uk/news/082008193394.htm LONDON (Thomson Financial) - All Star Minerals PLC said it has scheduled the start of geochemistry and electro magnetic and magnetic geophysics on its Swedish Gilpas licences in February with the intention of defining drill targets. Tue, 08 Jan 2008 08:44:45 GMT http://www.abcmoney.co.uk/news/082008193394.htm http://www.abcmoney.co.uk/news/082008193393.htm WARSAW (Thomson Financial) - Polish telecom Netia has approved moves to issue new shares or sell its 23.4 pct stake in the country's fourth mobile operator P4, which launched operations last year, the company said in a statement. Tue, 08 Jan 2008 08:42:38 GMT http://www.abcmoney.co.uk/news/082008193393.htm http://www.abcmoney.co.uk/news/082008193392.htm SYDNEY (Thomson Financial) - Conergy AG's unit Epuron has joined with Macquarie Bank to build a 2.5 bln aud wind farm near Broken Hill, Australia, the Sydney Morning Herald said, citing Epuron chairman Rob Sauer. Tue, 08 Jan 2008 08:35:27 GMT http://www.abcmoney.co.uk/news/082008193392.htm http://www.abcmoney.co.uk/news/082008193391.htm NEW DELHI (Thomson Financial) - Rising production costs and dilapidated infrastructure threaten the Indian auto industry's ambitions for fast growth, according to a survey by consultancy KPMG published Tuesday. Tue, 08 Jan 2008 08:34:10 GMT http://www.abcmoney.co.uk/news/082008193391.htm