At Morgan Stanley, Outlook Darkens; Stock Tumbles 26% Schwarzenegger Tells Paulson Fed Rescue Is Working GE Capital scales back lending GE profit falls 22 pct, hurt by capital finance Yamato Life Files for Bankruptcy, Citing...
Published Date: 08 October 2008 In these uncertain times, Jeremy Gates finds out the best ways to protect your savings. Northern Rock, where savers got a Treasury-backed guarantee on all deposits when the lender was rescued by...
JOHANNESBURG, SOUTH AFRICA Oct 09 2008 18:31 Improved risk appetite in global markets helped South Africa's rand to firm against the dollar on Thursday despite interest rates being held at 12%, while mining shares boosted local...
9 October 2008 Investec High Income Trust PLC has today repaid £2.5m of the remaining £13.6m balance of its term loan facility with Bank of Scotland, reducing the outstanding amount of the loan to £11.1m. A corresponding amount...
Nevin John & Rajesh S Kurup / Mumbai October 10, 2008, 0:57 IST South African telecommunications company Neotel, in which Tata Communications (formerly Videsh Sanchar Nigam) holds a 56 per cent stake, is planning to raise $1...
The Bond Exchange of South Africa Limited (BESA) is pleased to announce the final shareholder and underwriter allocations following its annual general meeting on Monday, 29 September in Johannesburg. Garth Greubel, BESA’s Chief...
RICHEMONT, which is controlled by SA's Rupert family, is closer to completing its restructuring after its shareholders and Remgro shareholders gave it the green light to spin off its 10,7% stake in British American Tobacco...
Shares in Uniq, the British company which supplies ready meals to supermarkets including Marks & Spencer, tumbled more than 40pc after it warned it is likely to make a loss in the second half. The company said cash-strapped...
A big drop in top-of-the-range sandwich sales at Marks & Spencer has rebounded on the food maker and supplier Uniq, which issued a profit warning today. Shares in Uniq plunged 42% to 44.5p, as analysts in the City switched...
LONDON, (AFP) - The Bank of England was widely forecast to slash British interest rates on Thursday in a bid to prevent a long and painful recession amid a growing global financial crisis, analysts said.