Stanchart and RBS eye Malaysian Islamic subsidiaries

August 17, 2008 on 11:17 pm | In Business News | No Comments

KUALA LUMPUR (Reuters) - Standard Chartered Bank and Royal Bank of Scotland (RBS) plan to set up Islamic banking subsidiaries in Malaysia, …

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Stanchart and RBS eye Malaysian Islamic subsidiaries

House prices fall 4.8 percent

August 17, 2008 on 7:59 pm | In Business News | No Comments

LONDON (Reuters) - House prices fell 4.8 percent year-on-year in August, a survey by property Web site Rightmove showed on Monday, the fastest fall since the series began six years ago.

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House prices fall 4.8 percent

Oil companies pull workers on threat from storm Fay

August 17, 2008 on 6:50 pm | In Business News | No Comments

HOUSTON (Reuters) - Royal Dutch Shell and Marathon Oil Corp pulled nonessential workers from the eastern and central Gulf of Mexico due to the threat of Tropical Storm Fay, but offshore production was unaffected, the companies …

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Oil companies pull workers on threat from storm Fay

Analysts expecting large loss from Lehman

August 17, 2008 on 6:29 pm | In Business News | No Comments

NEW YORK (Reuters) - Some analysts are girding for a third-quarter loss of $1.8 billion (964 million pounds) or more from U.S. investment bank Lehman Brothers Holdings Inc , instead of the modest profit they had previously expected, the Wall Street Journal reported on Sunday.

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Analysts expecting large loss from Lehman

BA boss says will not give up Heathrow slots

August 17, 2008 on 11:07 am | In Business News | No Comments

LONDON (Reuters) - British Airways Chief Executive Willie Walsh has vowed the airline will not surrender runway slots at Heathrow in order …

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BA boss says will not give up Heathrow slots

Woolworths rejects Iceland boss bid offer

August 17, 2008 on 9:35 am | In Business News | No Comments

LONDON (Reuters) - Woolworths confirmed on Sunday that it had received a proposal by Iceland boss Malcolm Walker to acquire its 815-store retail division but said it had been rejected.

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Woolworths rejects Iceland boss bid offer

Tesco seen seeking 500 mln pounds from sale of stores

August 17, 2008 on 8:58 am | In Business News | No Comments

LONDON (Reuters) - Tesco , Britain’s biggest retailer, is in talks to sell up to a dozen of its largest stores in a move that could raise up to 500 million pounds, the Sunday Telegraph reported.

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Tesco seen seeking 500 mln pounds from sale of stores

GfK seen taking time in deciding on TNS bid

August 17, 2008 on 8:42 am | In Business News | No Comments

FRANKFURT (Reuters) - Germany’s GfK Holdings plans to take its time in deciding whether to bid for market research group Taylor Nelson Sofres and does not rule out other acquisitions, Chief Executive Klaus Wuebbenhorst told the Frankfurter Allgemeine Sonntagszeitung.

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GfK seen taking time in deciding on TNS bid

Bidders seen lining up to buy Gatwick airport

August 17, 2008 on 7:44 am | In Business News | No Comments

LONDON (Reuters) - International infrastructure groups have approached British Airports Authority (BAA) with offers to buy London’s Gatwick airport for up to 3 billion pounds, the Sunday Times reported without citing sources.

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Bidders seen lining up to buy Gatwick airport

Terry Smith juggles M&A options on two fronts

August 17, 2008 on 3:49 am | In Business News | No Comments

LONDON (Reuters) - Terry Smith has another chance to prove to his reputation of getting what he wants, now that both companies he heads — Collins Stewart and Tullett Prebon — are in merger talks.

Terry Smith juggles M&A options on two fronts

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