Archive for July 5th, 2012
Bank of England increases QE by £50bn
The Bank of England confirmed today that it will restart its quantitative easing (QE) programme, injecting a further £50bn into the UK economy over the next four months. In a decision that was widely expected by the markets, the Bank …
UK house prices up 1% in June
House prices in the UK rose by 1% from May to June but remained lower than a year earlier, a survey from the Halifax revealed today. Last month the
Ramtron’s board dismisses Cypress’ takeover offer as “inadequate”
The board of US chip maker Ramtron International Corporation (NASDAQ:RMTR) today reiterated its recommendation to shareholders to reject the $2.68 (€2.00) per share takeover offer of rival Cypress
Forestar’s target Credo Petroleum gets no offers
US oil and gas explorer Credo Petroleum Corp (NASDAQ:CRED) announced on Tuesday it had received no alternative takeover approaches during the go-shop period agreed with its suitor Forestar
Gunnebo agrees disposal of Chubb Malaysia interest to Sime Darby Energy
Swedish security solutions group Gunnebo AB (STO:GUNN) said on Thursday it had agreed to sell-off its 30% stake in Chubb Malaysia to Sime Darby Energy Sdn Bhd, the
Kingwell to take 51% in Russian gold mine operator
Hong Kong-based electronics firm Kingwell Group Ltd (HKG:1195) announced it had agreed to buy for $13m (€10.4m) a 51% stake in Russian firm Zolotoy Standart, the operator and
German car giants Volkswagen and Porsche to complete merger
The boards of Porsche Automobil Holding SE (ETR:PAH3) andVolkswagen AG (ETR:VOW), or VW, have approved a merger plan that will see the creation of an integrated automotive company
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