Mercedes takes SUV battle with BMW to China

April 19, 2008 on 12:13 pm | In Business News | No Comments

BEIJING (Reuters) - Mercedes-Benz gave a peek preview of the GLK350 on Saturday, intended to challenge BMW’s X3 as the two German luxury carmakers take their fight to the booming Chinese market.

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Mercedes takes SUV battle with BMW to China

RBS mulls writedown as high as 7 billion stg

April 19, 2008 on 11:41 am | In Business News | No Comments

LONDON (Reuters) - Royal Bank of Scotland’s board is due to meet this weekend to discuss writedowns as high as 7 billion pounds ($14 billion) and a rights issue of as much as 12 billion, people familiar with the matter said on Saturday.

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RBS mulls writedown as high as 7 billion stg

Weber says ECB must act if inflation stays high

April 19, 2008 on 8:21 am | In Business News | No Comments

BERLIN (Reuters) - Wage and fiscal policy in the euro zone could buoy inflation and the European Central Bank may need to act, ECB Governing Council member Axel Weber said in a newspaper interview released on Saturday.

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Weber says ECB must act if inflation stays high

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