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- Business News (rss) (8413)
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TransCanada to buy National Grid plant
March 31, 2008 on 9:31 pm | In Business News | No CommentsNEW YORK (Reuters) - TransCanada Corp , a North America energy pipeline company expanding its power generation business, on Monday said it agreed to buy a large New York City power plant from utility company National Grid Plc for $2.8 billion (1.4 billion pounds), plus other adjustments at closing.
Lehman to raise billions to quash stability fears
March 31, 2008 on 8:17 pm | In Business News | No CommentsNEW YORK (Reuters) - Lehman Brothers Holdings Inc , an investment bank beset by rumours of not having enough funding, said it plans to raise $3 billion (1.5 billion pounds) of capital to quash questions about its stability.
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Lehman to raise billions to quash stability fears
Northern Rock sinks to loss
March 31, 2008 on 7:35 pm | In Business News | No CommentsLONDON (Reuters) - Northern Rock, the British government-owned bank, sank to a loss last year and expects more losses for the next three years as rising bad debts on risky assets and home loans added to the impact …
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Northern Rock sinks to loss
Banks promise to be fairer in customer dealings
March 31, 2008 on 7:23 pm | In Business News | No CommentsLONDON (Reuters) - Britain’s banks have pledged to lend responsibly and strengthen credit checking and will not be allowed to close accounts of customers who make a valid complaint under a revised voluntary code of conduct.
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Banks promise to be fairer in customer dealings
U.S. Treasury regulatory overhaul plan sparks debate
March 31, 2008 on 5:11 pm | In Business News | No CommentsWASHINGTON (Reuters) - Treasury Secretary Henry Paulson revealed sweeping plans on Monday for streamlining a hodgepodge of regulations that are blamed for allowing the U.S. mortgage crisis to balloon into a full-blown economic threat.
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U.S. Treasury regulatory overhaul plan sparks debate
Global Radio to buy GCap
March 31, 2008 on 1:55 pm | In Business News | No CommentsLONDON (Reuters) - Privately-owned Global Radio said on Monday it was to buy Britain’s largest commercial radio group, GCap Media , for an agreed 375 million pounds, to create a bigger rival for the BBC.
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Global Radio to buy GCap
FTSE ticks up to end worst quarter since Q3 2002
March 31, 2008 on 1:06 pm | In Business News | No CommentsLONDON (Reuters) - The top share index ticked up on Monday to end its worst quarterly performance in more than five years, as gains in oil shares and bid target Friends Provident offset losses in Vodafone .
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