UK growth to its most sustained pace in 9 years

Saturday, August 28th, 2010

The growth of the British economy in the second quarter was revised up, the country with even its strongest pace of growth in over nine years, according to data released Friday by the Office for National Statistics (ONS), but Analysts doubt that this improvement continues. The gross domestic product ...

HSBC wants to buy up to 70% of South African Nedbank

Monday, August 23rd, 2010

HSBC is in exclusive talks to acquire a controlling stake in Nedbank, fourth largest bank in South Africa, an operation that could reach 5.37 billion euros and enable the first European bank to increase its presence in a region strongly growth. HSBC and the Insurer Anglo-South African Old Mutual, ...

BMW raised its profit forecast for 2010, the action jumps

Tuesday, July 13th, 2010

BMW has raised its profit forecasts and sales volumes for 2010, on behalf of better than expected results from its automotive business and a strong demand for luxury cars worldwide. At the Frankfurt Stock Exchange under the German automaker has surged 8.29% to 42.13 euros while the sector index ...

In Britain, anti-tax bonus reported 2.2 billion euros

Wednesday, March 24th, 2010

The anti-tax temporary bonus established by the United Kingdom has reported two billion pounds, or about 2.2 billion euros to the state, said Wednesday Finance Minister Alistair Darling during the presentation of the UK budget for 2010/2011. Read also: Tax the bonus, a "very charming idea"? The ...