Economy Mass Media

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JJB Sports considering equity fundraising

LONDON (Reuters) - British retailer JJB Sports is considering an equity fundraising as one of a number of ways to provide extra capital, it said on Saturday.

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Fuente Original: feeds.reuters.com

4 July, 2009| massmedia | Comments (0) @ 17:49

More bidders interested in Porsche

FRANKFURT (Reuters) - Three more bidders are interested in taking a stake in German sports car maker Porsche, rivalling investment plans by Qatar, German magazine Focus reported on Saturday.

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Fuente Original: feeds.reuters.com

4 July, 2009| massmedia | Comments (0) @ 16:48

GM Europe says to sell Opel to Magna

FRANKFURT (Reuters) - General Motors Europe President Carl-Peter Forster expects to sell German unit Opel to Canadian auto parts supplier Magna soon, he told a German newspaper.

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Fuente Original: feeds.reuters.com

4 July, 2009| massmedia | Comments (0) @ 16:06

Happy days for some

The art market may have simmered down, but a few artists are still in high demandA little over a year ago, a contemporary evening auction unfolded like a Hollywood thriller, with billionaires in cameo roles and astronomical prices in lieu of stunts. Nowadays, a sale is more like a low-budget soap opera. In London this week, Sotheby’s and Christie’s put on solid performances in their new gritty genre. Sotheby’s Contemporary Evening brought in a total of GBP25.5m ($41.9m) compared to GBP94.7m for the equivalent sale in June 2008, while Christie’s Post-War and Contemporary…
Fuente Original: feedproxy.google.com

4 July, 2009| massmedia | Comments (0) @ 12:38

Germany may consider other credit measures

BERLIN (Reuters) - Germany will consider other measures to supply its economy with credit if its “bad bank” plan proves insufficient, Finance Minister Peer Steinbrueck told a German weekly.

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Fuente Original: feeds.reuters.com

4 July, 2009| massmedia | Comments (0) @ 12:36

Stanford clients sue Willis Group

NEW YORK (Reuters) - Several Mexican clients of Stanford Financial Group have sued insurance broker Willis Group Holdings Ltd , contending it was a willing participant in a $7 billion (4.3 billion pound) fraud at the Texas-based investment company.

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Fuente Original: feeds.reuters.com

3 July, 2009| massmedia | Comments (0) @ 23:07

Coffee Republic set for administration

LONDON (Reuters) - Coffee retailer Coffee Republic looked set to go into administration on Friday after it asked for its shares to be suspended from trading.

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Fuente Original: feeds.reuters.com

3 July, 2009| massmedia | Comments (0) @ 20:29

E.ON to cut gas prices from Saturday

LONDON (Reuters) - E.ON will cut gas prices to customers from Saturday by an average of 25 pounds per year, or 3.3 percent, the company said.

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Fuente Original: feeds.reuters.com

3 July, 2009| massmedia | Comments (0) @ 20:25

Banks, defensives push FTSE higher

LONDON (Reuters) - The leading equity index closed marginally higher on Friday as positive financial and defensive stocks outpaced weaker commodity shares, which tracked a decline in crude and metals prices.

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Fuente Original: feeds.reuters.com

3 July, 2009| massmedia | Comments (0) @ 18:36

BA slashes spending as passengers fall

LONDON (Reuters) - British Airways (BA) said it had cut its spending plans by 20 percent for the current year as it prepared for a lengthy industry downturn and reported that passenger numbers had fallen again.

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Fuente Original: feeds.reuters.com

3 July, 2009| massmedia | Comments (0) @ 18:08

Europe nears gas pipeline accord

Five European governments are due to sign an agreement on 13 July for a major new pipeline from Central Asia….
Fuente Original: news.bbc.co.uk

3 July, 2009| massmedia | Comments (0) @ 16:30

Rogue trades cost oil broker $10m

A rogue trader at a London-based oil brokerage causes his employer to lose $10m (£6m) after making unauthorised trades.
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Fuente Original: news.bbc.co.uk

3 July, 2009| massmedia | Comments (0) @ 16:19

Rogue trading

Can one individual have the clout to move markets?…
Fuente Original: news.bbc.co.uk

3 July, 2009| massmedia | Comments (0) @ 16:18

Construction sees sharp slowdown

The UK construction sector is expected to shrink by 16% in 2009, according to an industry body. …
Fuente Original: news.bbc.co.uk

3 July, 2009| massmedia | Comments (0) @ 15:49

BA passengers down, slashes spending

LONDON (Reuters) - British Airways carried 3.8 percent fewer passengers in June than the same month last year but plans to cut spending by 20 percent lifted the shares.

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Fuente Original: feeds.reuters.com

3 July, 2009| massmedia | Comments (0) @ 15:44

Sahara gas pipeline gets go-ahead

Nigeria, Niger and Algeria agree to build a multi-billion-dollar gas pipeline across the Sahara.

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Fuente Original: news.bbc.co.uk

3 July, 2009| massmedia | Comments (0) @ 14:23

UK may part-fund GM Europe takeover

LUTON, England (Reuters) - The government is prepared to help underwrite the planned takeover of the European arm of General Motors, possibly in the form of loans, Business Secretary Peter Mandelson said on Friday.

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Fuente Original: feeds.reuters.com

3 July, 2009| massmedia | Comments (0) @ 13:34

Billions in virtual cash stolen in online robbery

Details emerge of why billions in virtual cash disappeared from a virtual bank in Eve Online….
Fuente Original: news.bbc.co.uk

3 July, 2009| massmedia | Comments (0) @ 13:22

Friends gets go-ahead for F&C demerger

LONDON (Reuters) - Life insurer Friends Provident will this month hand its majority stake in asset manager F&C to its own investors after receiving final court approval for the plan.

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Fuente Original: feeds.reuters.com

3 July, 2009| massmedia | Comments (0) @ 13:19

How to find property in England and Wales for under £40,000

The most affordable property in some areas of England and Wales is on the market for less than £40,000, a survey suggests….
Fuente Original: news.bbc.co.uk

3 July, 2009| massmedia | Comments (0) @ 12:50

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