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Friends Provident suspends withdrawals from £1.2bn property fund |
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Written by Guardian
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Friday, 21 December 2007 |
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The global credit crunch claimed another victim today as Friends Provident suspended withdrawals from its £1.2bn property fund, prompting fears that billions of pounds held in unit trusts are now under threat. |
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Darling pressured over Rock fate |
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Written by BBC Online
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Sunday, 18 November 2007 |
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Pressure is mounting on Chancellor Alistair Darling over the fate of troubled lender Northern Rock. Two suitors have put forward formal proposals to rescue the bank, which saw its shares collapse after seeking emergency funding from the government. |
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Legal threat to Apple after toxic chemicals discovered in iPhone |
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Written by Independent
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Monday, 22 October 2007 |
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Apple's best-selling iPhone, due to be launched in Britain next month, may be forced to carry an official health warning after being found to contain toxic chemicals. |
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HSBC creates climate change index |
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Written by Telegrpah
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Wednesday, 26 September 2007 |
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HSBC has launched a new tool for clients by highlighting which companies could be good investment targets because they are likely to benefit most from efforts to curb global warming. |
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BP to take axe to management |
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Written by Guardian
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Wednesday, 26 September 2007 |
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BP is poised to axe swathes of management in response to a 'dreadful' financial performance. The company confirmed this morning that chief executive Tony Hayward is planning a major reorganisation. According to insiders, he is determined to address operational deficiencies within the oil giant. |
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General Motors workers on strike |
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Written by BBC Online
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Monday, 24 September 2007 |
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United Auto Workers (UAW) union members at General Motors (GM) have walked out on strike after contract talks failed to reach an agreement. |
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