Britains Barclays bank looks to Mideast to raise 7.3 billion pounds
London - Britains Barclays bank said in London Friday it plans to raise some 7.3 billion pounds (11.8 billion dollars) in fresh capital from investors, mostly from the Middle East. Barclays said the move fulfilled government regulations for raising ...

[ Published on : Fri, 31 Oct 2008 08:33 ]

Britains Barclays looks to Mideast to raise billions - Summary
London - Britains Barclays bank said in London Friday it plans to raise some 7.3 billion pounds (11.8 billion dollars) in fresh capital from investors, mostly from the Middle East, thereby avoiding a cash hand-out from the British government. The in...

[ Published on : Fri, 31 Oct 2008 11:33 ]

Britains BT sheds 10,000 jobs as recession bites - Summary
London - British Telecom (BT) said Thursday that it would cut a total of 10,000 jobs in the current financial year, as part of an ongoing efficiency programme. The news came after a string of similar job-cutting announcements by major British in the ...

[ Published on : Thu, 13 Nov 2008 09:43 ]

BA half-year profits nosedive in turbulent environment
London - Pre-tax profits at British Airways (BA) slumped by nearly 92 per cent to just 52 million pounds (83 million dollars) over the summer period - one of the bleakest on record the airline said Friday. Half-yearly profits between April and Sept...

[ Published on : Fri, 07 Nov 2008 12:40 ]

BP reports huge profit rise in third quarter of 2008 - Summary
London - British Prime Minister Gordon Brown Tuesday called on energy companies to pass on the fall in oil prices to consumers as anger spread over a mammoth leap in quarterly profits for oil giant British Petroleum (BP). In its biggest-ever quarterl...

[ Published on : Wed, 29 Oct 2008 06:32 ]