Brussels conditionally approves French takeover of British Energy
Brussels - The European Unions executive on Monday approved the takeover of British nuclear generator British Energy by French power firm Electricite de France (EdF) as long as the companies sell off a certain number of assets, officials in Brussels...

[ Published on : Mon, 22 Dec 2008 06:45 ]

Brussels conditionally approves French takeover of British Energy
Brussels - The European Unions executive on Monday approved the takeover of British nuclear generator British Energy by French power firm Electricite de France (EdF) as long as the companies sell off a certain number of assets, officials in Brussels...

[ Published on : Thu, 01 Jan 2009 13:50 ]

Risk of construction firms working on 2012 Olympics going bust
London - Construction companies working on the Olympic Village for the 2012 Olympic Games in London could go bust because of the global recession, the head of the Olympic Development Authority (ODA) told a British parliamentary committee Tuesday. Th...

[ Published on : Tue, 09 Dec 2008 02:32 ]

Waterford Wedgwood china producers call in administrator
Dublin/London - Financially troubled prestige china and crystal firm Waterford Wedgwood announced Monday that parts of its business in Ireland and Britain had been placed into administration. The Anglo-Irish group, with a history of 250 years, is bes...

[ Published on : Mon, 05 Jan 2009 08:52 ]

Waterford Wedgwood china cracks under financial strain - Summary
Dublin/London - Iconic china and crystal manufacturers Waterford Wedgwood Monday joined the growing list of high-profile corporate failures when it announced that its business in Ireland and Britain had been placed into administration. The Anglo-Iris...

[ Published on : Mon, 05 Jan 2009 11:52 ]

British shoppers say good bye to Woolworths after 99 years
London - Shoppers in Britain were Thursday flocking to catch a bargain at the Woolworths retail chain faced with closure by the end of the year after administrators failed to find a buyer for the traditional High Street chain. More than 30,000 staff ...

[ Published on : Thu, 11 Dec 2008 07:33 ]

London regulators to lift ban on stock market short selling
London - A temporary ban on the practice of short-selling imposed at the height of the banking crisis last September will be lifted by mid-January as planned, the Financial Services Authority (FSA) in London said Tuesday. The regulatory body said tha...

[ Published on : Tue, 06 Jan 2009 07:53 ]

Qantas, British Airways abandon merger talks - Summary
Sydney/London - British Airways (BA) and Australias Qantas Airways Thursday announced the failure of ambitious merger talks that would have created one of the worlds biggest airlines worth a potential 4.1 billion pounds (6.4 billion dollars). Desp...

[ Published on : Thu, 18 Dec 2008 10:36 ]

Qantas, British Airways abandon merger talks - Summary
Sydney/London - British Airways (BA) and Australias Qantas Airways Thursday announced the failure of ambitious merger talks that would have created one of the worlds biggest airlines worth a potential 4.1 billion pounds (6.4 billion dollars). Desp...

[ Published on : Thu, 01 Jan 2009 13:50 ]

Drop in Marks Spencer sales heralds 2009 retail misery - Summary
London - Leading clothing and food chain Marks Spencer Wednesday unveiled its worst sales figures in almost a decade in what analysts said was a key indicator of the deteriorating business climate in Britain. MS said that sales in Britain tumbled ...

[ Published on : Wed, 07 Jan 2009 11:54 ]