HSBC sees Guatemala and Mexico growth

April 3, 2008 on 10:16 pm | In Business News | No Comments

ACAPULCO, Mexico (Reuters) - HSBC aims to add Guatemala to its Central America-wide operations from 2009 and sees strong long-term growth in Mexico, the bank’s regional president said on Thursday.

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HSBC sees Guatemala and Mexico growth

HSBC aims to operate in Guatemala

April 3, 2008 on 9:10 pm | In Business News | No Comments

ACAPULCO, Mexico (Reuters) - HSBC has applied for a banking license in Guatemala and hopes to start operations there next year, the bank’s regional president said on Thursday.

HSBC aims to operate in Guatemala

Alitalia to decide on April 8 on administration

April 3, 2008 on 8:36 pm | In Business News | No Comments

MILAN/ROME (Reuters) - Alitalia bought time on Thursday, postponing to April 8 a key decision on whether to ask for protection from creditors with the government scrambling to keep it flying despite a looming cash crisis.

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Alitalia to decide on April 8 on administration

Universal extends music market share

April 3, 2008 on 7:30 pm | In Business News | No Comments

LONDON (Reuters) - Amy Winehouse and Mika helped Universal Music extend its dominance of the recorded music sector in 2007, taking its share of the market to almost 30 percent, according to new research.

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Universal extends music market share

Clear Channel dispute set for May trial

April 3, 2008 on 7:26 pm | In Business News | No Comments

NEW YORK (Reuters) - The dispute over the $20 billion (10 billion pound) leveraged buyout of U.S. radio operator Clear Channel Communications Inc will go to trial in New York on May 5, or as soon after as can be scheduled, Justice Helen Freedman said in New York Supreme Court on Thursday.

Clear Channel dispute set for May trial

U.S. regulators and bankers defend Bear Stearns rescue

April 3, 2008 on 4:38 pm | In Business News | No Comments

WASHINGTON (Reuters) - Bear Stearns could not be allowed to collapse because it could have shattered confidence in financial markets and caused lasting damage to the economy, top regulators said on Thursday in defending the rescue of what was once the fifth-largest U.S. investment bank.

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U.S. regulators and bankers defend Bear Stearns rescue

Bush and Brown discuss action on world economy

April 3, 2008 on 1:24 pm | In Business News | No Comments

BUCHAREST (Reuters) - Prime Minister Gordon Brown said on Thursday he had discussed with U.S. President George W. Bush how world powers could address problems in the global economy when they met at a NATO summit.

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Bush and Brown discuss action on world economy

MySpace forms music joint venture with big labels

April 3, 2008 on 1:15 pm | In Business News | No Comments

NEW YORK (Reuters) - News Corp’s MySpace, the world’s largest social network Web site, has formed a joint venture with three major music companies called MySpace Music, it said on Thursday, in a challenge to Apple Inc’s dominant iTunes Music store.

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MySpace forms music joint venture with big labels

FTSE snaps 3-day winning streak as banks weigh

April 3, 2008 on 12:30 pm | In Business News | No Comments

LONDON (Reuters) - The leading share index fell 0.4 percent on Thursday, snapping a three-day winning streak as banks gave up recent gains, but energy …

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FTSE snaps 3-day winning streak as banks weigh

U.S. regulators defend Bear Stearns rescue

April 3, 2008 on 12:13 pm | In Business News | No Comments

WASHINGTON (Reuters) - Bear Stearns could not be allowed to collapse because it would have shattered confidence in financial markets and caused lasting damage to the economy, top government regulators said on Thursday in defending the …

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U.S. regulators defend Bear Stearns rescue

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