French EDF and British Energy agree on purchase deal
Paris - French energy giant Electricite de France (EDF) is to purchase British Energy Group after both boards agreed on a price, EDF said Wednesday in a statement. According to the agreed deal, EDF will pay 12.5 billion pounds (15.6 billion euros, or...

[ Published on : Wed, 24 Sep 2008 09:31 ]

British government pledges to tighten up banking regulation
London - The British government will introduce legislation to tighten up supervision of the banking system and review the bonus culture in the City of London, Chancellor of the Exchequer, Alistair Darling, said Monday. Speaking at the Labour Party ...

[ Published on : Mon, 22 Sep 2008 04:15 ]

French EDF and British Energy agree on purchase deal - Update
Paris - Following months of negotiations, French energy giant Electricite de France (EDF) is to purchase British Energy Group after both boards agreed on a price, EDF said Wednesday in a statement. According to the agreed deal, EDF will pay 12.5 bill...

[ Published on : Wed, 24 Sep 2008 11:32 ]

Britain nationalizes lender in latest rescue bid - Summary
London - The British government Monday averted another direct blow to the crisis-hit banking sector by nationalizing one of the countrys major mortgage lenders and selling its savings business to Spanish banking giant Santander. In a deal hammered o...

[ Published on : Thu, 02 Oct 2008 13:33 ]