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  Business News

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  GLG invests $30m in Christian version of YouTube

FindNews: Business - 5/13/2008 4:05:00 AM

Leading hedge fund GLG has invested $30m in a Christian version of YouTube as part of a $150m fundraising.


  Alliance & Leicester says it remains well funded

FindNews: Business - 5/13/2008 3:45:00 AM

Alliance & Leicester, the UK bank that has lost more than half its market value in the past year, said it has funding into the second quarter of 2009 and arrears were significantly


  Finmeccanica buys DRS for $5.2 bln, shares droop

FindNews: Business - 5/13/2008 3:41:40 AM

MILAN (Reuters) - Finmeccanica SpA said it would buy U.S. military contractor DRS Technologies Inc. for $5.2 billion, the biggest deal so far in European defense contractors bid for a slice of the


  A&L unveils £192m write-down

FindNews: Business - 5/13/2008 3:34:34 AM

Alliance and Leicester posts a £192m write-down after the value of assets fell following problems in global markets.


  Redrow gloomy on house market

FindNews: Business - 5/13/2008 3:31:23 AM

House builder Redrow adds to the gloom surrounding the housing market by reporting rising cancellation rates.


  Coca-Cola seeks more acquisitions to grow business

FindNews: Business - 5/13/2008 3:27:54 AM

TOKYO (Reuters) - Coca-Cola Co, the worlds biggest drinks maker, is seeking more acquisition opportunities in the fast-growing soft drinks market to expand its revenue sources, the companys


  Staples ups hostile Corp Express bid to $2.3 billion

FindNews: Business - 5/13/2008 3:22:14 AM

NEW YORK/AMSTERDAM (Reuters) - U.S. office supplies retailer Staples Inc raised its hostile offer for Corporate Express by more than 10 percent, valuing its target at about 1.5 billion euros ($2.3


  Scottish Business Briefing – Tuesday 13 May 2008

FindNews: Business - 5/13/2008 3:15:24 AM

WELCOME to scotsman.coms Scottish Business Briefing. Every morning we bring you a comprehensive round-up of all news affecting business in Scotland today.


  Westpac deal raises hopes of Australia bank shake-out

FindNews: Business - 5/13/2008 3:09:04 AM

MELBOURNE (Reuters) - The largest banking takeover in Australias corporate history has spurred investors to pile into shares of smaller banks in the hope of a sector


  Nissan down, sees sharp 08/09 decline

FindNews: Business - 5/13/2008 3:04:01 AM

TOKYO (Reuters) - Nissan Motor Co reported a 14 percent drop in fourth-quarter operating profit, and forecast a sharp fall in annual profits this year due to a weaker dollar, rising commodity prices


  Business leaders expect Government to back down on overseas tax reform

FindNews: Business - 5/13/2008 2:45:00 AM

Business leaders are anticipating the Government will soften its proposed reforms on overseas taxes to try to head off an exodus of leading companies.


  WTO chief says trade deal still possible in 2008

FindNews: Business - 5/13/2008 2:40:26 AM

PARIS (Reuters) - It is still possible to reach a deal on long-delayed world trade negotiations before the end of the year, the head of the World Trade Organisation said in an interview published on


  Staples raises Corp. Express bid

FindNews: Business - 5/13/2008 2:35:24 AM

NEW YORK (Reuters) - U.S. office supplies retailer Staples Inc raised its bid for Dutch peer Corporate Express to 8 euros a share on Tuesday, calling the offer the best option available to the


  SocGen net profit falls 23 pct, beats consensus

FindNews: Business - 5/13/2008 2:21:50 AM

PARIS (Reuters) - Societe Generale, the French bank hit by the worlds worst rogue trader scandal, reported a 23.4 percent fall in first quarter net profit although earnings came in above the


  Nissan operating profit falls 14 percent

FindNews: Business - 5/13/2008 2:10:44 AM

TOKYO (Reuters) - Nissan Motor Co reported a 13.7 percent drop in fourth quarter operating profit on Tuesday and forecast a sharp fall in annual profits this year due to a weaker dollar, rising


  Will Crunch Harm Travel Firms?

FindNews: Business - 5/13/2008 2:05:59 AM


  Hitachi losses grow, forecast below expectations

FindNews: Business - 5/13/2008 1:59:07 AM

TOKYO (Reuters) - Japans Hitachi Ltd tumbled to a quarterly loss on slow TV sales and a tax writedown but said it would rebound to a profit this year, and its shares were up 5


  SocGen net profit falls 23 percent

FindNews: Business - 5/13/2008 1:05:20 AM

PARIS (Reuters) - Societe Generale, the French bank hit by the worlds worst rogue trader scandal, reported a 23.4 percent fall in first quarter net profit although earnings came in above the


  National Power raising electricity prices

FindNews: Business - 5/13/2008 12:00:00 AM


  BNSF buys 198 acres at Dallas Logistics Hub

FindNews: Business - 5/13/2008 12:00:00 AM


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