Archive for the ‘Finance’ Category

Li Ka-shing pays £5.8bn for UK utility

EDF Networks has low-voltage electricity distribution networks in the east and south of England, long-term contracts with businesses such as London Underground, Heathrow and Gatwick, and the Channel Tunnel Read More →

Karzai attacks ‘shocking’ leak of files

Afghanistan’s president says named individuals could be targeted by insurgents for working with US forces Read More →

Results underline strength of Europe’s corporate recovery

Industrial companies have led the recovery after a crushing fall in earnings last year Read More →

Wylie theatens broad digital expansion

Andrew Wylie, the literary agent whose exclusive deal with Amazon.com last week stunned the publishing world, has threatened a broad expansion of his digital publishing business to include up to 2,000 titles if traditional publishers refuse to improve digital royalties. Read More →

FSA unveils tough pay and bonus code

The FSA is broadening the scope of its pay code to more than 2.500 financial services companies to comply with EU legislation that introduced some of the world’s toughest restrictions on bankers’ bonuses Read More →

US banks in rush for cheap finance

US banks are taking advantage of improving earnings and growing investor demand to raise billions of dollars in debt at low interest rates, a move that could boost the sector’s profits Read More →

Panel Details Charges Against Rangel

The House ethics committee charged Rep. Charles Rangel with 13 counts of breaking House rules, launching disciplinary proceedings that could put one of the Democratic Party's prominent figures on public trial just before voters go to the polls this fall. Read More →

Intel Wins Ruling in Antitrust Class-Action Case

Intel won a key ruling in a suit against the company on behalf of computer buyers, which found no evidence that consumers have been hurt by the company's discounting practices in the market for computer chips. Read More →

Ballmer: Microsoft Working on Better Tablets

CEO Ballmer said Microsoft needs to do better in the market for tablet computers that Apple has found success in with the iPad.  Read More →

Reliance, Universal Studios in Talks on Theme Park in India

India's Reliance ADA Group is in talks with Universal Studios, a unit of General Electric, to build a $1.5 billion integrated theme park and resort in India.  Read More →

Sep