HBOS to sell stakes in private firms portfolio

August 3, 2008 on 1:22 pm | In Business News | No Comments

LONDON (Reuters) - HBOS , the biggest home lender, said on Sunday it is selling a 400 million pound portfolio of investments in British private companies.

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HBOS to sell stakes in private firms portfolio

Former U.S. Treasury Sec. Rubin sees more uncertainty

August 3, 2008 on 1:12 pm | In Business News | No Comments

WASHINGTON (Reuters) - Former Treasury Secretary Robert Rubin said on Sunday he sees the current uncertain economic situation continuing for “quite some period of time.”

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Former U.S. Treasury Sec. Rubin sees more uncertainty

Sinopec launches bid for Imperial Energy

August 3, 2008 on 1:04 pm | In Business News | No Comments

LONDON (Reuters) - Chinese state-owned oil company Sinopec has launched a bid for Imperial Energy , in a move that could trump an existing 1,290 pence a share offer for the London-listed energy group, The Sunday Telegraph reported.

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Sinopec launches bid for Imperial Energy

HSBC stands firm on Korea Exchange Bank deal

August 3, 2008 on 1:01 pm | In Business News | No Comments

LONDON (Reuters) - Europe’s biggest bank HSBC said on Sunday it stood firm on a deal to buy a 51 percent stake in Korea Exchange Bank , after a deadline for approval from Korea’s Financial Services Commission passed on Thursday.

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HSBC stands firm on Korea Exchange Bank deal

Sun cuts cover price amid newspaper downturn

August 3, 2008 on 9:50 am | In Business News | No Comments

LONDON (Reuters) - The best-selling Sun will cut its cover price to 30 pence from 35 pence in all regions of the UK from Monday, owner News International said, as newspapers struggle with a steep drop in ad sales.

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Sun cuts cover price amid newspaper downturn

Kuwait official reportedly sees oil staying above $100

August 3, 2008 on 3:52 am | In Business News | No Comments

KUWAIT (Reuters) - Oil was unlikely to fall below $100 per barrel as strong demand from emerging economies such as China and India put a floor under prices, a member of Kuwait’s top oil council said in remarks published on Sunday.

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Kuwait official reportedly sees oil staying above $100

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