Gold price surges to new high on markets
London - The price of gold surged to a new high Monday, reaching 1130.25 dollars an ounce in London, investors said. The price exceeded last Thursday's record by almost 8 dollars. Gold was fixed at 1104.00 dollars an ounce in London Friday. ...
[Posted on :
2009-11-16 ] Category : [
UK (Business) ]
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British financial authority to limit banker bonuses
London - A new law would allow Britain's financial authority to negate bankers' contracts if it finds they contribute to financial instability, according to a report in the Sunday Telegraph. The Financial Services Authority (FSA) would be given the p...
[Posted on :
2009-11-15 ] Category : [
UK (Business) ]
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British Airways chief hails 'fantastic' Iberia merger
London - British Airways chief executive Willie Walsh Friday hailed his company's proposed merger with Spanish carrier Iberia as an important step of consolidation in the battered industry. It is fantastic. BA was being left behind as others were co...
[Posted on :
2009-11-13 ] Category : [
UK (Business) ]
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British Airways, Iberia officially agree on merger - Update
London - Spain's largest airline Iberia and British Airways have officially agreed on a merger, both companies announced late Thursday. The merger, which was agreed after 16 months of negotiations, is to be completed by the end of 2010, keeping both ...
[Posted on :
2009-11-12 ] Category : [
UK (Business) ]
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BA and Iberia in final stages of merger talks - Summary
London/Madrid- Spain's biggest airline Iberia has agreed a merger with British Airways (BA), the Spanish newspaper El Pais and the financial website finanzas.com reported Thursday. BA will hold 55 per cent and Iberia 45 per cent of the merged company...
[Posted on :
2009-11-12 ] Category : [
UK (Business) ]
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