Archive for the ‘Business’ Category

Citigroup is ‘considering sale’

One of America’s biggest banks may sell parts of its business or merge with a rival, according to newspaper reports.

BBC News

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  • Darling ‘to force banks to lend’

    Chancellor Alistair Darling is reportedly planning to force banks to lend to small firms in the pre-Budget report.

    BBC News

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  • Banks ‘must kick-start lending’

    Banks must start lending again or face being named and shamed, the Treasury Select Committee chairman says.

    BBC News

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  • Italian telecoms talks collapse

    Hutchison Whampoa subsidiary 3 Italia fails to reach a merger agreement with Telecom Italia because of price disagreements.

    BBC News

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  • In from the cold

    There are signs of Belarus emerging from isolation

    BBC News

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  • US global power ’set to wane’

    US dominance is likely to weaken by 2025 as India and China grow stronger, a new Washington intelligence report says.

    BBC News

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  • Russian oil giant circles Repsol

    Spanish savings bank La Caixa may sell its 14% stake in Spanish-Argentine energy firm Repsol to Russia’s Lukoil.

    BBC News

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  • Honda Swindon closing for 50 days

    Honda is to cut production in Japan and Europe and close its Swindon plant in the UK in February and March next year.

    BBC News

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  • Repossession of homes up by 12%

    The number of properties repossessed by mortgage lenders rose by 12% to 11,300 in the third quarter of the year.

    BBC News

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  • Gap profits higher than expected

    American clothes retailer Gap defies Wall Street forecasts and reports higher-than-expected third quarter net profits.

    BBC News

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