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 ]

HBOS write-downs highlight continuing gloom in banking sector
London - Ailing British lender Halifax Bank of Scotland (HBOS) Friday reported an increase in write-downs to 8 billion pounds (12 billion dollars) for the first 11 months of 2008. The news sent shockwaves through the banking sector, causing HBOS shar...

[ Published on : Fri, 12 Dec 2008 08:33 ]

British government in car industry talks as production slumps
London - The British government confirmed Thursday that it has been in talks with the Indian-owned Jaguar Land Rover car producer over the possibility of state aid. Confirmation of the talks from Industry Secretary Peter Mandelson came as figures pub...

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

British government in car industry talks as production slumps
London - The British government confirmed Thursday that it has been in talks with the Indian-owned Jaguar Land Rover car producer over the possibility of state aid. Confirmation of the talks from Industry Secretary Peter Mandelson came as figures pub...

[ Published on : Thu, 18 Dec 2008 07:36 ]

Shareholders approve giant British banking merger - Summary
London - Shareholders of Britains Halifax Bank of Scotland (HBOS) Friday overwhelmingly approved a mammoth merger with Lloyds TSB bank amid further stockmarket turmoil. The merger, agreed at the height of banking crisis in September, was backed by 8...

[ Published on : Fri, 12 Dec 2008 11:33 ]

British economic slowdown faster than expected - Summary
London - The British economy has been sliding into recession faster than previously estimated, with output falling to levels not seen since 1990, figures published Tuesday showed. The Office for National Statistics (ONS) said the economy contracted b...

[ Published on : Tue, 23 Dec 2008 10:45 ]

British economic slowdown faster than expected - Summary
London - The British economy has been sliding into recession faster than previously estimated, with output falling to levels not seen since 1990, figures published Tuesday showed. The Office for National Statistics (ONS) said the economy contracted b...

[ 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 ]