Greyhound bus affects FirstGroup
Wednesday, January 14th, 2009Shares in transport firm FirstGroup fall 12% after it says revenues at its North American Greyhound bus business have fallen.
Archive for the ‘Finance’ Category
Banker becomes business minister
Wednesday, January 14th, 2009Standard Chartered Bank chairman Mervyn Davies becomes a life peer and joins Gordon Brown’s government.
Deutsche Bank warns of big losses
Wednesday, January 14th, 2009Deutsche Bank says it lost 4.8bn euros in the last quarter and warns of a full-year loss for 2008.
Barclays cuts another 2,100 jobs
Wednesday, January 14th, 2009Barclays says it will cut 2,100 jobs from its UK banking business in addition to the same number it announced on Tuesday.
EU warns of legal action over gas
Wednesday, January 14th, 2009The European Commission president says Russian and Ukrainian energy firms may be sued over gas dispute.
German growth shrinks in 2008
Wednesday, January 14th, 2009Germany sees its growth rate virtually halve in 2008, declining to just 1.3%, according to initial estimates.
JJB set for loss as sales slide
Wednesday, January 14th, 2009JJB Sports says it may be heading for a full-year loss of up to £10m after sales fall in “extremely difficult” trading.
Zavvi to close another 18 stores
Wednesday, January 14th, 2009The administrators at music, games and DVD retail chain Zavvi say they are closing 18 stores with immediate effect.
Why work?
Wednesday, January 14th, 2009Meet a young, disillusioned couple on the dole
New auditors for India’s Satyam
Wednesday, January 14th, 2009A government-appointed board names new auditors for fraud-hit Indian IT firm Satyam, to replace PricewaterhouseCoopers.