English news - Business 1

2008-09-05 23:01:00

FLORENCE, Italy (Reuters) - Mediaset , Italy's biggest independent broadcaster, controlled by the family of Prime Minister Silvio Berlusconi, is looking at a number of possible acquisitions, including Britain's ITV Plc , a board member said. "We are looki

2008-09-05 22:58:00

WARSAW (AFP) - A week before an EU deadline, Poland on Friday signed a "final agreement" with investors to save three Polish shipyards from bankruptcy, the treasury ministry announced. "The plans concerning the three shipyards (in Gdansk, Gdynia and Szcze

2008-09-05 22:58:00

CALGARY, Alberta (Reuters) - Rising demand for commodities and energy from rapidly growing Asian economies could mean inflation will become a long-term problem for central banks, Stephen Green, group chairman of HSBC Holdings said on Friday. Green, who ru

2008-09-05 22:55:00

LONDON (Reuters) - Resolution, in the British investment vehicle's first comment on a possible takeover of insurer Friends Provident , said it was not ruling out a deal in the future. The investment vehicle for entrepreneur Clive Cowdery in a statement la

2008-09-05 21:47:00

NEW YORK (AFP) - Crude oil prices fell further Friday on concerns over slowing energy demand following a dismal report on the US labor market that sparked renewed recession worries. New York's main contract, light sweet crude for October, fell 1.66 dollar

2008-09-05 21:35:00

LONDON (Reuters) - Building society Irish Nationwide denied on Friday that it was talking to its lenders to avoid insolvency. "This is totally and absolutely incorrect," an Irish Nationwide spokesman said."There is no truth whatsoever in the Reuters repor

2008-09-05 21:31:00

LONDON (Reuters) - Oil prices fell to a fresh five-month low on Friday on flagging demand in the United States and other consumer nations, extending crude's losses to 8 percent this week. The market shrugged off continued production problems in the United

2008-09-05 21:30:00

WASHINGTON (AFP) - US unemployment jumped to a five-year high of 6.1 percent in August as 84,000 jobs were slashed, according to a report Friday that sparked fresh fears about recession in the world's biggest economy. The Labor Department report -- consid

2008-09-05 20:42:00

ROME (AFP) - The bank overseeing the relaunch of Italy's ailing national airline Alitalia denied a report Friday that it had offered a 10-20 percent stake to Air France-KLM, the ANSA news agency said. "There is absolutely no basis" to the report in the Fr

2008-09-05 20:37:00

OSLO (AFP) - Nobel laureate Muhammad Yunus is threatening legal proceedings against Norwegian telecom operator Telenor to force it to transform their joint Bangladeshi subsidiary into a "social business" aimed at helping the poor. "The recent activities (