HSBC says to keep KEB listed if deal goes through

July 21, 2008 on 11:13 pm | In Business News | No Comments

SEOUL (Reuters) - HSBC Holdings , whose $6.3 billion (3.15 billion pound) bid to buy Korea Exchange Bank (KEB) has stalled over a legal saga, pledged on Tuesday to keep KEB listed and name local directors if the acquisition goes through.

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HSBC says to keep KEB listed if deal goes through

Asia stocks down on consumer demand fears

July 21, 2008 on 10:38 pm | In Business News | No Comments

HONG KONG (Reuters) - Asian stocks outside of Japan fell on Tuesday after a landslide of lower-than-expected U.S. corporate results sparked fears of a pullback in consumer demand, boding ill for the region’s exporters.

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Asia stocks down on consumer demand fears

Apple shares fall on outlook

July 21, 2008 on 9:50 pm | In Business News | No Comments

SAN FRANCISCO (Reuters) - Apple said on Monday its current-quarter earnings would be well below Wall Street targets, sending shares of the iPhone, iPod and Macintosh maker down 10 percent.

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Apple shares fall on outlook

Apple shares down on outlook

July 21, 2008 on 8:54 pm | In Business News | No Comments

SAN FRANCISCO (Reuters) - Apple Inc said on Monday its current-quarter earnings would be well below Wall Street targets, sending shares in the maker of Macintosh computers and iPod music players down nearly 9 percent.

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Apple shares down on outlook

Draughty companies said wasting $5 billion

July 21, 2008 on 8:13 pm | In Business News | No Comments

LONDON (Reuters) - British businesses are wasting 2.5 billion pounds a year in energy bills swollen by inefficiencies such as draughty windows or leaving lights and computers on, the Carbon Trust said on Tuesday.

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Draughty companies said wasting $5 billion

Apple outlook below Wall Street targets

July 21, 2008 on 5:21 pm | In Business News | No Comments

SAN FRANCISCO (Reuters) - Apple on Monday warned that its current-quarter earnings would be well below Wall Street targets despite a better-than-expected third-quarter profit on brisk sales of its Macintosh computers …

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Apple outlook below Wall Street targets

HBOS bankers stuck as offering flops

July 21, 2008 on 3:59 pm | In Business News | No Comments

LONDON (Reuters) - An emergency fund-raising by HBOS , Britain’s biggest home lender, flopped as investors took just 8.3 percent of the shares, leaving underwriters trying to sell almost 3.8 billion pounds of shares that are currently under water.

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HBOS bankers stuck as offering flops

Investors shun HBOS share issue

July 21, 2008 on 12:28 pm | In Business News | No Comments

LONDON (Reuters) - Investors shunned an emergency fundraising by HBOS, Britain’s biggest home lender, taking up just 8.3 percent of the shares and leaving underwriters with almost 3.8 billion pounds of stock.

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Investors shun HBOS share issue

Banks help FTSE close higher

July 21, 2008 on 12:25 pm | In Business News | No Comments

LONDON (Reuters) - The top share index closed 0.5 percent higher on Monday, as better-than-expected results from Bank of America helped banking stocks, while firm commodity prices gave a lift to oils and miners.

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Banks help FTSE close higher

Lender Woolwich cuts mortgage rates

July 21, 2008 on 10:56 am | In Business News | No Comments

LONDON (Reuters) - Woolwich, the mortgage-lending arm of Barclays , said it has trimmed its mortgage rates in response to an easing in wholesale borrowing costs.

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Lender Woolwich cuts mortgage rates

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