Jane Wardell

BA and Iberia: merger positive for passengers

LONDON (AP) — British Airways PLC and Spain’s Iberia SA talked up the benefits of a proposed $7 billion merger on Friday, dismissing criticisms that the deal could increase fares, reduce competition and drag down service...

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British Airways and Iberia talk up benefits of merger amid opposition

LONDON - British Airways PLC and Spain's Iberia SA talked up the benefits of a proposed US$7-billion merger on Friday, dismissing criticisms that the deal could increase fares, reduce competition and ...

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The Canadian Press Business News Budget for Tuesday, Nov. 10, 2009

BUSINESS EDITORS: Here are The Canadian Press Business budget lines for 10 p.m. EST. Moved TORONTO _ CI Financial Corp. (TSX:CIX) was taking good news with the bad on Tuesday as it reported a precipitous drop in third-quarter...

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Britain's 2 biggest banks report strong investment banking profits

LONDON - Britain's two biggest banks, HSBC Holdings PLC and Barclays PLC, reported strong investment banking profits on Tuesday and signalled that bad debts may be nearing their peak, raising hopes th...

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Britain's 2 biggest banks report strong investment banking profits

By Jane Wardell, The Associated Press LONDON - Britain's two biggest banks, HSBC Holdings PLC and Barclays PLC, reported strong investment banking profits on Tuesday and signalled that bad debts may be nearing their peak,...

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EU opens monopoly abuse probe into Thomson Reuters (AP)

EU antitrust regulators said Tuesday that they are investigating whether Thomson Reuters Corp. is breaking monopoly abuse rules by preventing customers from applying their own codes to financial market datafeeds.

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Cadbury swiftly rejects Kraft's hostile bid

FILE - A worker fixes the display of Kraft Food's Oreo cookies at a Market in Palo Alto, Calif., in this file photo dated Monday, July 28, 2008. Shares in British chocolate maker Cadbury PLC edged higher on Monday Nov. 9, 2009,...

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Kraft bids for Cadbury

FILE - A worker fixes the display of Kraft Food's Oreo cookies at a Market in Palo Alto, Calif., in this file photo dated Monday, July 28, 2008. Shares in British chocolate maker Cadbury PLC edged higher on Monday Nov. 9, 2009,...

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Cadbury rejects Kraft bid

LONDON (AP) -- British candy maker Cadbury PLC rejected a renewed 9.8 billion pound ($16.4 billion) hostile bid from Kraft Foods Inc. on Monday after the U.S. company refused to sweeten a previous offer....

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G20 nations pledge to continue economic stimulus

Finance officials from rich and developing countries pledged Saturday to maintain emergency support for their economies until recovery is assured and committed to urgent action on tackling climate change.

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