|
LONDON (Reuters) - The chief executive of home lender, HBOS, warned on Saturday that the credit crunch was likely to last until early 2010.
|
|
WASHINGTON (Reuters) - The U.S. government plans to take over Fannie Mae and Freddie Mac and all shareholders of the two mortgage giants will take a hit, an influential lawmaker said on Saturday.
|
|
NEW YORK/EVERETT, Washington (Reuters) - Boeing's 27,000-strong machinists' union walked off the job on Saturday after the plane maker failed to improve its contract offer following two days of emergency talks.
|
|
LONDON (Reuters) - Germany's Media Markt, Europe's biggest electrical goods retailer, has rejected a request from DSG International to consider a bid for its closest rival, the Financial Times said on its Web site.
|
|
CERNBOBBIO (Reuters) - Alitalia's adviser will soon present its rescue plan for the airline to British Airways, considered by Italy as a possible foreign partner for the bankrupt airline, an executive told a newspaper.
|
|
LONDON (Reuters) - Department stores group John Lewis announced its biggest ever fashion advertising campaign on Saturday, stepping up competition in a market suffering from weaker consumer spending and a wet summer.
|
|
FLORENCE, Italy (Reuters) - Mediaset , Italy's biggest independent broadcaster, controlled by the family of Prime Minister Silvio Berlusconi, is looking at a number of possible acquisitions, including Britain's ITV Plc , a board member said.
|
|
LONDON (Reuters) - Resolution, in the British investment vehicle's first comment on a possible takeover of insurer Friends Provident , said it was not ruling out a deal in the future.
|
|
CALGARY, Alberta (Reuters) - Rising demand for commodities and energy from rapidly growing Asian economies could mean inflation will become a long-term problem for central banks, Stephen Green, group chairman of HSBC Holdings said on Friday.
|
|
MADRID (Reuters) - Spain's Ferrovial said on Saturday it had reached a deal with ABN Amro Global Infrastructure Fund with the participation of Faros Infrastructure Partners to sell Belfast City Airport.
|