Sunday, 19 February 2012

HSBC to snub Chancellor's £20bn loan plan to revive British economy

HSBC is considering walking away from George Osborne's plans to inject £20bn into the UK economy in what could prove to be a major blow to the Chancellor's hopes of reviving growth.

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Greek rescue 'threatens eurozone structure'

Greece's pending debt rescue could fundamentally change the financial mechanics of the eurozone and result in tighter fiscal union, a leading economic think tank has warned.

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News Corp 'can't ignore calls for change'

Rupert Murdoch can no longer ignore calls for change at News Corp after a week when the company's problems spread to The Sun newspaper, a leading US shareholder warned.

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British Airways in talks over price-fixing fine

British Airways is locked in talks with the Office of Fair Trading (OFT) over a £121.5m price-fixing fine levelled five years ago against the airline.

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BP oil spill partner first to settle with US

MOEX Offhsore, a minority partner in BP's ill-fated Macondo well has become the first company involved in the disaster to settle with the US government.

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