Archive for August 9th, 2012

HSBC building, Hong Kong

HSBC considers sale of its stake in Vietnamese insurance group Bao Viet

British banking and financial services group HSBC Holdings plc (LON:HSBA) said on Thursday it was reviewing strategic options for its 18% interest in Vietnamese insurer Bao Viet Holdings including a potential sale, confirming media speculation that it could be seeking […]

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UK housing market

Fall in UK home repossessions despite ongoing recession

The number of home repossessions in the UK declined in the second quarter of 2012, despite the economy remaining in recession, the Council of Mortgage Lenders (CML) reported

Made in the UK

UK trade deficit reaches 15-year high

The gap between Britain's imports and exports has widened to a record high, standing at its worst level since comparable records began in 1997, the Office for National


UK insurance firm Charles Taylor enters Saudi Arabia with Nilaco deal

British insurance services provider Charles Taylor plc (LON:CTR) on Thursday said it had agreed to buy 60% in Saudi Arabia's Noble Inspection and Loss Adjustment Company (Nilaco), in

Oil Well

Abraxas, Blue Stone Oil & Gas to break-up Blue Eagle JV

Texas-based oil and natural gas exploration and production company Abraxas Petroleum Corp (NASDAQ:AXAS) said it had signed a letter of intent (LoI) to break-up its Blue Eagle Energy

Mobile Phone Mast

Glentel to sell tower business to SBA Communications

Canadian telecommunications carrier and mobile phone retailer Glentel Inc (TSE:GLN) said it would sell its tower operations to US wireless communication towers operator SBA Communications Corp (NASDAQ:SBAC) for

New York Times

New York Times in talks to dispose of

The New York Times Company (NYSE: NYT), the US multimedia news and information group behind the eponymous newspaper and the Boston Globe, has confirmed that it is holding

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