Japanese production rises again
June 29, 2009 by samsonites · Leave a Comment
Japanese industrial output increased 5.9% in May compared with the month before, the third consecutive monthly climb, according to official data.
The rise last month was the same as April’s revised figure, though less than analysts’ forecasts of 6.9%.
Vodafone ‘mulls bid for T-Mobile’
June 29, 2009 by samsonites · Leave a Comment
Vodafone is considering buying T-Mobile in a move that would make the firm the biggest mobile phone operator in the UK, the Financial Times (FT) has said.
The Newbury-based firm is interested in acquiring T-Mobile, even though the deal may be blocked by regulators, the paper said.
Madoff faces sentencing in court
June 29, 2009 by samsonites · Leave a Comment
Financier Bernard Madoff is to be sentenced on Monday for plotting a $50bn (£30.3bn) investment fraud.
The disgraced financier, who pleaded guilty in March, could face a sentence of up to 150 years.
Royal Mail sale ‘facing delays’
June 29, 2009 by samsonites · Leave a Comment
Lord Mandelson has said plans to sell a minority stake in Royal Mail to a private company may be delayed.
In an interview with the Financial Times, the business secretary said the plan was being "jostled for space" in the government’s legislative programme.
Finance sector ’sees improvement’
June 29, 2009 by samsonites · Leave a Comment
There are signs that the financial services sector is emerging from the worst of the downturn, a quarterly survey from the CBI suggests.
The UK’s finance services sector could be on a "gradual" road to recovery, said the survey by the business group.
Life savings
June 29, 2009 by samsonites · Leave a Comment
By Greg Wood,
BBC North America Business Correspondent
"If your father wasn’t already dead this would have killed him," said Cindy Friedman.
I was visiting Cindy and her accountant husband Richard at their home on a private estate in Long Island, New York.
Serving profits
June 29, 2009 by samsonites · Leave a Comment
By James Melik and Martin Webber
Business reporters, BBC World Service, Wimbledon
Roller coaster ride
June 29, 2009 by samsonites · Leave a Comment
By Will Smale
Business reporter, BBC News
It is unlikely Carl Bradley will ever forget last September.
"Business just fell off a cliff," he says. "There was nothing gradual about it, it was just - bang - gone."
Borrowing tactic
June 29, 2009 by samsonites · Leave a Comment
By Matthew Price
BBC News, Baltimore, Maryland
The awards on top of the cabinet dominate Beth Jacobson’s small office.
Beth Jacobson worked for Wells Fargo - one of the largest banks in the US - for nine years. She was a champion salesman for the company, shifting huge numbers of sub-prime mortgages.
North Korean economy sees growth
June 29, 2009 by samsonites · Leave a Comment
North Korea’s economy expanded in 2008, thanks to high agricultural yields after contracting for two years in a row, South Korea’s central bank says.
Last year the North Korean economy grew 3.7% compared to a year earlier, after shrinking by 2.3% in 2007 and by 1.1% in 2006.
