Archive for April 6th, 2008
Sunday, April 6th, 2008
KUWAIT (Reuters) - Bahrain's Ahli United Bank AUBH.BH (AUBK.KW: Quote, Profile, Research) said on Sunday it signed a memorandum of understanding with Britain's Legal and General Group (LGEN.L: Quote, Profile, Research) to set up an Islamic insurance company in Bahrain. Ahli United and ...
Posted in Deals | No Comments »
Sunday, April 6th, 2008
(Recasts, adds details) By Judy Hua HONG KONG, April 6 (Reuters) - Top Asian oil refiner SinopecCorp (0386.HK: Quote, Profile, Research) posted a sharper-than-expected two-thirds fall inquarterly earnings after high oil prices squeezed its refiningbusiness into the ...
Posted in Market Stats | No Comments »
Sunday, April 6th, 2008
ROME (Reuters) - Alitalia (AZPIa.MI: Quote, Profile, Research) union leaders said they were willing to resume collapsed takeover talks with Air France-KLM (AIRF.PA: Quote, Profile, Research) to avert the Italian airline's bankruptcy, but warned that any possible deal would take time. Air France-KLM ...
Posted in World Economy Finance News | No Comments »
Sunday, April 6th, 2008
(adds details) CAIRO, April 6 (Reuters) - Egypt's Orascom Hotels andDevelopment ORHD.CA posted a 124 percent rise in 2007 netprofit before minority interest to 478.5 million Egyptian pounds($87.8 million) on Sunday, the stock exchange said. Consolidated net ...
Posted in Industries | No Comments »
Sunday, April 6th, 2008
ROME, April 6 (Reuters) - Alitalia (AZPIa.MI: Quote, Profile, Research) union leaderssaid they were willing to resume collapsed takeover talks withAir France-KLM (AIRF.PA: Quote, Profile, Research) to avert the Italian airline'sbankruptcy, but warned that any possible deal would take time. Air ...
Posted in Industries | No Comments »
Sunday, April 6th, 2008
HONG KONG, April 6 (Reuters) - Top Asian oil refiner SinopecCorp (0386.HK: Quote, Profile, Research) posted a nearly two-thirds fall in quarterly netprofit, as high oil prices squeezed its refining business intothe red, and it faces an even tougher 2008. Sinopec ...
Posted in Market Stats | No Comments »
Sunday, April 6th, 2008
DUBLIN, April 6 (Reuters) - Dutch insurer Eureko has made atakeover approach for Ireland's FBD Holdings Plc (FBD.I: Quote, Profile, Research) valuedat around 1.2 billion euros ($1.89 billion), Ireland's SundayIndependent newspaper reported. A spokesman for Irish insurer FBD FBD.L said the ...
Posted in Real Estate | No Comments »
Sunday, April 6th, 2008
FRANKFURT, April 6 (Reuters) - Kion, the world'ssecond-biggest maker of fork lift trucks, is looking for peersto acquire to strengthen its business in the mid- to low-endmarket, chief executive-designate Gordon Riske said. He told the Frankfurter Allgemeine Sonntagszeitung thatKion, which KKR ...
Posted in Bonds | No Comments »
Sunday, April 6th, 2008
FRANKFURT, April 6 (Reuters) - Deutsche Telekom (DTEGn.DE: Quote, Profile, Research)plans to argue in a mammoth court case starting on Monday thatshares it sold in a third IPO tranche in 2000 were not "people'sshares" but "new economy shares", shareholders' lawyers said. ...
Posted in Industries | No Comments »
Sunday, April 6th, 2008
FRANKFURT (Reuters) - European broadcast group RTL will not bid for the next round of TV rights for the Bundesliga, Germany's premier-league soccer, because it will be too expensive, the head of its German operations told Der Spiegel magazine. "Of course, ...
Posted in Industries | No Comments »