StanChart sees strong demand in securities sale

May 14, 2008 on 10:09 pm | In Business News | No Comments

HONG KONG (Reuters) - Standard Chartered expects strong demand for its sale of benchmark-sized dollar-denominated preference shares, and is sticking to its provided guidance, a source close to the deal said on Thursday.

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StanChart sees strong demand in securities sale

Xstrata offers for copper miner Indophil

May 14, 2008 on 8:36 pm | In Business News | No Comments

SYDNEY (Reuters) - Miner Xstrata Ltd said on Thursday its Australian unit has offered A$426 million (204.7 million pounds) for Australian-listed copper miner Indophil Resources

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Xstrata offers for copper miner Indophil

EADS denies being open to Thales link-up

May 14, 2008 on 2:00 pm | In Business News | No Comments

PARIS (Reuters) - EADS on Wednesday denied being interested in an alliance with Thales despite earlier comments from one of its executives that the Airbus parent was open to a tie-up with the defence electronics firm.

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EADS denies being open to Thales link-up

BHP shares surge on talk of China move

May 14, 2008 on 1:46 pm | In Business News | No Comments

SYDNEY (Reuters) - Shares of BHP Billiton surged to a record high on Wednesday, fuelled by speculation that a state-controlled Chinese firm was building a stake in the world’s biggest mining company.

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BHP shares surge on talk of China move

RBS gets nod for record rights issue

May 14, 2008 on 12:25 pm | In Business News | No Comments

LONDON (Reuters) - Royal Bank of Scotland said it won “overwhelming” support for its record 12 billion pound rights issue and reassured investors they should get about 45 percent of future earnings in dividends.

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RBS gets nod for record rights issue

FTSE up after seesaw session

May 14, 2008 on 12:19 pm | In Business News | No Comments

LONDON (Reuters) - The leading share index ended slightly higher on Wednesday after a flurry of mixed data caused a choppy trading session while merger and acquisition speculation buoyed miners.

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FTSE up after seesaw session

Brown targets families in fight back

May 14, 2008 on 11:57 am | In Business News | No Comments

LONDON (Reuters) - Prime Minister Gordon Brown, seeking to reverse a slump in popularity, offered help on Wednesday for Britain’s troubled housing market and for families hit by an economic downturn.

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Brown targets families in fight back

O2 prompts speculation over 3G iPhone

May 14, 2008 on 11:53 am | In Business News | No Comments

LONDON (Reuters) - Telefonica’s O2 and Apple will be making a joint announcement in the “coming weeks”, prompting speculation that the U.S. firm is set to announce a new third-generation model of its iPhone.

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O2 prompts speculation over 3G iPhone

Lloyds TSB says 450 IT jobs to move to India

May 14, 2008 on 11:18 am | In Business News | No Comments

LONDON (Reuters) - Lloyds TSB is to transfer up to 250 information technology staff and 200 contractor roles to India, it said on Wednesday.

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Lloyds TSB says 450 IT jobs to move to India

B&B surprises with rights issue

May 14, 2008 on 11:17 am | In Business News | No Comments

LONDON (Reuters) - Lender Bradford & Bingley surprised the market on Wednesday with an emergency 300 million pound cash call to bolster …

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B&B surprises with rights issue

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