Bournemouth-based retailer Beales has secured a rescue package in the form of a CVA, which will see rent cut at 11 of its 29 stores, reports The Guardian. In a process similar to that which took place at BHS earlier this week, Beales' ...
Tags: Beales, CVA, Rescue package
China's cooling growth prospects are expected to shift the economic agenda away from the eurozone, although Greece remains firmly in the spotlight because of its precarious funding outlook. China is expected to provide further hints of ...
Tags: economy growth, economic reforms
Oil futures settled higher Wednesday, partially rebounding from Tuesday's sharp selloff on uncertainty in Cyprus, after weekly inventory data from the US Energy Information Administration proved to be unexpectedly bullish. NYMEX April ...
Tags: Oil, Chemicals, Metallurgy
The dollar pushed higher but the gaze of traders remained firmly on whether lawmakers in Cyprus can reach a deal on the proposed terms of an international bailout package. As part of a rescue package for Cyprus, European policymakers have ...
Tags: dollar, Aussie dollar, euros
Spanish bank Banco Santander has pulled out of its multi billion pound agreement to take over 316 Royal Bank of Scotland(RBS)branches,and the customers associated with them,because of IT integration problems. But sources say that IT ...
Tags: IT problems, RBS, deal
General Motors has announced a plan to buy back 200 million shares of its stock currently held by the US government,purchased as part of a US$49.5 billion government bailout undertaken in the wake of the 2007-2008 global financial crisis. ...
Tags: GM, buy back US government bailout stock, Dan Akerson, stock buyback
Hon. Dr Festus B. Limbu (MP), Chairman - Board of Directors of the Tanzania Cotton Board (TCB) presents the Annual Performance Report for the financial year ended 30th June, 2011. In brief, the report provides an assessment on the ...
Tags: MP, Tanzania Cotton Board, Annual Performance Report, financial year