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British Telecom issue a profit warning
London - British Telecom Friday issued a surprise profit warning, telling shareholders results for the quarter ending September would be slightly down on expectations. It said its Global Services section, used by big multinational companies, had fail...
[Posted
on :
2008-10-31 ] Category : [
UK (Business) ]
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Bank of England warns of further risks in financial sector
London - The Bank of England (BoE) said in a report published Tuesday that losses suffered by global financial institutions since the credit crunch are estimated at 1.8 trillion pounds (2.8 trillion dollars). Governments around the world have spent m...
[Posted
on :
2008-10-28 ] Category : [
UK (Business) ]
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