Business Headlines
Site: Google News U.K. - BusinessEuro and pound plunge as banks flounder - Telegraph.co.uk
 Washington Post | Euro and pound plunge as banks flounder Telegraph.co.uk - The euro and the pound plunged in value against the dollar amid growing concerns about the lack of co-ordinated response by European governments towards the banking meltdown. Brown and Merkel try to patch up savings rescue chaos German Government's Guarantee on Deposits `Political' (Update1) |
Cold Wind Blows Across Iceland's Banks - Forbes
 Times Online | Cold Wind Blows Across Iceland's Banks Forbes - When is the state not enough to bail out the banking sector? When the state is Iceland. The future of Icelandic banks like Landsbanki and Kaupthing (other-otc: KPBIF - news - people ) were still hanging in the balance Monday afternoon, ... Iceland bank bailout near as krona dives staggering 23% CREDIT CRISIS WOES Iceland's Financial Woes Could Push It Closer to EU |
Car sales tumble amid credit crisis - Telegraph.co.uk
 AFP | Car sales tumble amid credit crisis Telegraph.co.uk - New car sales have tumbled with the latest industry figures showing a fall of more than a fifth compared with a year ago. By David Millward, Transport Editor September's statistics are grim news for the industry which had hoped the introduction of the ... British new car sales fall 21 percent in September New car sales slump by a fifth |
UK Power Suppliers May Have to Cut Bills in Home Regions - Bloomberg
 Daily Mail | UK Power Suppliers May Have to Cut Bills in Home Regions Bloomberg - By Paul Dobson Oct. 6 (Bloomberg) -- Iberdrola SA and Electricite de France SA's UK units and competing utilities may be forced to cut power prices in their home regions of Britain or raise bills for consumers elsewhere, the UK energy regulator said. UK energy watchdog finds failings but no cartel Switch on to the best energy deal |
BNP Paribas reassures Fortis customers - Forbes
 Sify | BNP Paribas reassures Fortis customers Forbes - By CONSTANT BRAND 10.06.08, 11:35 AM ET BNP Paribas officials reassured investors and account holders on Monday that their interests in troubled bank Fortis NV were now safe after the French financial giant stepped in to salvage the Belgian bank's ... UK bank shares shaken as fears grow Belgian workers protest over Fortis sell-off |
Pizza Hut to become Pasta Hut - Telegraph.co.uk
 Telegraph.co.uk | Pizza Hut to become Pasta Hut Telegraph.co.uk - Restaurant chain Pizza Hut is to change its name to Pasta Hut in an effort to develop a healthier image. By Charlotte Bailey Workers replace the signage outside a Pizza Hut restaurant. Name change for Pizza Hut Pizza Hut brand needs pizzazz |
Eighty per cent risk identity theft - The Press Association
 Sky News | Eighty per cent risk identity theft The Press Association - Eight out of ten people are leaving themselves open to identity theft by binning personal information, a study revealed. Even though the vast majority of people fear they are at risk from the fraud, less than half of us know how to protect ourselves ... 90000 Irish hit by identity fraud Death records plan to curb identity fraud |
Easyjet attracts more passengers - BBC News
 BBC News | Easyjet attracts more passengers BBC News - The budget airline Easyjet has been flying more passengers, despite the economic downturn, the company said. Passenger numbers rose 22% between September 2007 and last month at the company, based at Luton, Bedfordshire. EasyJet reports more seats sold Good News for easyJet As Passenger Numbers Rise |
Starbucks denies it wastes water - BBC News
 China Daily | Starbucks denies it wastes water BBC News - US coffee-shop chain Starbucks has defended itself against claims of a serious waste of water by leaving taps running in its stores all day. Starbucks 'wastes 23 million litres of water each day' Starbucks accused of water wasting |
TNS succumbs to WPP bid offer - guardian.co.uk
 Reuters | TNS succumbs to WPP bid offer guardian.co.uk - LONDON, Oct 6 (Reuters) - British marketing research group Taylor Nelson Sofres admitted defeat in its bid battle with Martin Sorrell's WPP Group on Monday, recommending its shareholders accept the deal on offer. TNS recommends shareholders accept WPP offer WPP chief warns on tax plans for foreign profits |
Interest rate countdown: Three days to go - Telegraph.co.uk
 ITV.com | Interest rate countdown: Three days to go Telegraph.co.uk - "I think the Bank of England has done a good job since it was given the responsibility to control the rate of interest and I have faith that the Monetary Policy Committee will make the right decision on Thursday. Hopes high for rate cut but inflation fears haunt MPC Hopes of quarter point loan rate cut to 4.75 per cent |
Rolls-Royce wins 96 mln pounds Royal Navy contract UPDATE - Forbes
 BBC News | Rolls-Royce wins 96 mln pounds Royal Navy contract UPDATE Forbes - LONDON (Thomson Financial) - Rolls-Royce (other-otc: RYCEY.PK - news - people ) said it has won a 96 million pounds power and propulsion equipment contract from the UK Royal Navy. Carrier work boosts Scots firms Rolls-Royce wins £96m aircraft carrier contract |
Balfour Beatty hit by £2.25m fine for obtaining property by ... - Daily Mail
 Daily Mail | Balfour Beatty hit by £2.25m fine for obtaining property by ... Daily Mail - By Robert Lea A corruption investigation into Britain's biggest construction company today led to Balfour Beatty paying out £2.25million for obtaining property by unlawful conduct. Balfour Beatty pays £2.25m after SFO probe Balfour Beatty fined £2.25 million by Serious Fraud Office |
Auction house eBay axes 1000 jobs - guardian.co.uk
 ABC News | Auction house eBay axes 1000 jobs guardian.co.uk - Online auction house eBay is axing 1000 jobs or 10% of its global workforce as it looks to save $150m (£85m) a year in the face of slowing sales, in the latest evidence that gloom in the world economy is starting to impact major dotcom companies. EBay to cut 10% of staff worldwide UPDATE 2-EBay to cut 10 pct of jobs, sees revenue at low end |
Homes target 'falling short' - Scotsman
 MSN UK News | Homes target 'falling short' Scotsman - CONSTRUCTION experts have claimed that the Government is not likely to reach its target of two million new homes being built by 2016. Construction crunch puts government’s 2m homes target in doubt New homes built to fall below 100000 |
BA flight makes emergency landing in Chicago - guardian.co.uk
 BBC News | BA flight makes emergency landing in Chicago guardian.co.uk - A British Airways flight made an emergency landing in Chicago last night after staff smelled burning, the airline said today. Flight BA195 from Heathrow to Houston was diverted to O'Hare International airport, where it touched down at 1.20pm (0720pm ... BA flight forced to make emergency landing due to 'burning smell' BA flight makes emergency landing |
'Rescued' car parts group closes - BBC News
 BBC News | 'Rescued' car parts group closes BBC News - A Sheffield-based car parts group, which appeared to have been rescued in a takeover deal last week, has been unexpectedly closed by its new owners. 600 job losses at car parts firm Bosses shut Carlisle car parts firm - but don't tell staff |
New retail star will try to steer Comet group through credit crunch - Daily Mail
 RTT News | New retail star will try to steer Comet group through credit crunch Daily Mail - By Simon English Thierry Falque-Pierrotin was today handed the task of seeing electrical giant Kesa through the credit crunch. He has been hired to replace fellow Frenchman Jean-Nöel Labroue as chief executive of the company that owns Comet in the UK. Kesa turns to PPR for new chief executive UPDATE 1-Kesa names Redcats' Falque-Pierrotin as CEO |
UPDATE 1-US SEC, Fed aware of everything at Lehman-Fuld - Reuters
 ABC News | UPDATE 1-US SEC, Fed aware of everything at Lehman-Fuld Reuters - By Rachelle Younglai and Kim Dixon WASHINGTON, Oct 6 (Reuters) - The disgraced head of Lehman Brothers Holdings Inc told Congress on Monday that US banking regulators knew exactly how Lehman was pricing its distressed assets and about its liquidity in ... BRIEF-Lehman squandered millions on exec pay just before collapse ... Ex-Lehman CEO faces grilling |
Good loan rates 'still available' - Introducer Today
 MyFinances.co.uk | Good loan rates 'still available' Introducer Today - Brokers are still able to secure good value loan rates despite the impact of the credit crunch on the money markets, it has been claimed. Compare personal loans as rates rise Fears over stock market sends loan rates soaring |
