THOMSON FINANCIAL NEWS TOP STORIES Global 1605 BST |
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Fri, 27 Apr 2007 16:22
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LONDON (Thomson Financial) - Here are the top stories on Thomson Financial NewsUS Q1 GDP up 1.3 pct vs 1.9 pct rise expected, slowest rise since Q1 2003WASHINGTON (Thomson Financial) - The US economy continued to slow in the first part of the year, growing at the slowest annual pace in four years, while at the same time a key measure of inflation continued to rise, the Commerce Department said today.The department estimated the economy grew at a 1.3 pct annualised rate between January and March, slower than the 1.9 pct economists had expected for the quarter and the slowest annualized pace since the first quarter of 2003.Royal Bank of Scotland consortium says intends to make public offer for ABNLONDON (Thomson Financial) - A consortium of Royal Bank of Scotland Group PLC, Banco Santander Central Hispano and Fortis NV has said that it intends to make a public offer for 100 pct of ABN Amro Hldgs NV.The banks said that under Dutch regulations they cannot disclose full terms of the offer for seven days, but on Wednesday the consortium indicated that it may offer 39 eur per share for the Dutch bank, providing that the sale of LaSalle to Bank of America Corporation does not go through.Statoil to acquire Canada's North American Oil Sands Corp for 2 bln usdOSLO (Thomson Financial) - Statoil ASA said it has an agreed an all-cash offer to acquire Canada's North American Oil Sands Corporation (NAOSC), in a deal worth 2 bln usd, or 20 cad per share.Calgary-based NAOSC, was formed in 2001, and operates more than 257,000 acres of oil sands leases located in the Athabasca region of Alberta, north-east of Edmonton.German April preliminary CPI up 0.4 pct from March, up 1.9 pct yr-on-yr
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NBC's Thompson tackles environment 