Times Online Business

Times Online Business, 15.06.10 13:09 UTC

News Corp reaches for the Sky with takeover offer

News Corporation, the media group headed by Rupert Murdoch, confirmed this morning that it had made an offer to take full control of BSkyB, the satellite broadcaster in which it has a 39 per cent ...

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Times Online Business, 14.06.10 22:31 UTC

TfL cashes in and checks out of Shard

Transport for London will abandon its plans to move into the Shard at London Bridge after a deal that allows the skyscraper s owners to find tenants willing to pay a much higher rent. The sale of the ...

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Times Online Business, 14.06.10 22:31 UTC

A disloyal, dishonest, criminal cheat bank boss denounces rogue trader

Christophe Mianné, head of Global Markets at Société Générale, the French bank, said that he was extremely shocked to hear Mr Kerviel claim that executives had turned a blind eye to his activities. ...

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Times Online Business, 14.06.10 22:31 UTC

FSA calls Sir Fred Goodwin to account over RBS unravelling

Sir Fred Goodwin has been summoned by the Financial Services Authority to answer questions about Royal Bank of Scotland s management in the run up to its near-collapse in October 2008. The bank s ...

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Times Online Business, 14.06.10 22:31 UTC

Cowdery goes it alone to cut banks fees

Clive Cowdery s Resolution is close to securing a ground-breaking deal to slash investment bank underwriting fees on a rights issue to fund a £2.75 billion acquisition of Axa s UK life business. ...

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Times Online Business, 14.06.10 22:30 UTC

Economy may never recover from banking crisis, warns OBR

The economy, more damaged by the banking crisis than previously admitted, will grow more weakly and may never fully recover, the new Office for Budget Responsibility (OBR) said yesterday. The ...

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Times Online Business, 14.06.10 22:30 UTC

Virgin ready for shoot-out with internet gaming giants

With titles such as Command and Conquer and Resident Evil, Virgin was regarded as one of the cooler geeks in computer games during the 1990s. Sir Richard Branson sold out in 1999 but was due to ...

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Times Online Business, 14.06.10 22:30 UTC

Dana Petroleum acquires PetroCanada Netherlands

Dana Petroleum paid £270 million for PetroCanada Netherlands yesterday, it s biggest-ever acquisition. The oil group, which operates fields in Britain and North Africa, said that the deal would boost ...

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Times Online Business, 14.06.10 22:30 UTC

Row over bank card and credit card charges

Banks are making hundreds of millions of pounds a year and pushing up prices on the high street by levying unjustifiably high fees on credit and debit card sales, retailers will say today. New ...

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Times Online Business, 14.06.10 22:30 UTC

Cowdery lays down his challenge to the banks

Clive Cowdery appears to have confounded the sceptics once again. For months, the naysayers have been suggesting that his attempt to make a fortune by consolidating a bunch of life insurance ...