Financial News

Becky Barrow, Daily Mail9 October 2006 Royal Mail is trying to lift the limit on how much junk mail it delivers to households. WANT TO KNOW MORE? Online postage service launched Save money on your postage OTHER STORIES Banks to stamp on web porn Market report: Monday preview 'EC will block Ryanair's £1bn takeover bid' A-Z of the Sunday newspapers Regulator set to kill o ...

This is Money9 October 2006 A bumper $6.5bn US dollars (£3.5bn) finance package was today reported to have been put together by India's Tata Steel as it considers a move for Corus. INDIAN SUMMER: A Corus steel worker in South Wales WANT TO KNOW MORE? Corus stalked by Indian steel giant Corus in 52% profits drop Abramovich looks to buy Corus share OTHER STORIES Market report: Monday preview Sunday newspaper share tips Rivals ready to wreck AWG deal Ambitious S ...

India's Tata Steel is close to launching a £5bn ($9.3bn) takeover bid for Anglo-Dutch steel firm Corus, the BBC has learned. If successful it would be the largest Indian takeover of a foreign company and create the world's fifth-largest steel firm. Last week, Tata Steel, part of the Tata conglomerate, said it was looking at potential takeovers "including Corus". Tata will be in London this week to meet the UK Prime Minister Tony Blair. Its visit as part of an Indian business delegation  ...

SAN FRANCISCO (Dow Jones) -- Google Inc. is reportedly in talks to buy the privately held video-sharing Web site YouTube Inc. for around $1.6 billion, a transaction that would combine two of the top 10 Web-video providers and raise the stakes in Google's battle against News Corp.'s MySpace.com. Google (GOOG) and YouTube are conducting merger talks, which are at a sensitive stage and could fall ap ...

SYDNEY (XFN-ASIA) - Share prices are expected to open slightly lower with trading expected to be directionless because of public holidays in the US and Japan, dealers said. They said mining stocks are expected to garner some support following gains in base metal and gold prices on Friday while energy stocks could drift lower following weaker oil prices. Dealers said market attention is likely to ...

NEW YORK (AFX) - After spending his career acquiring one company after another to build the biggest bank in America, Sanford "Sandy" Weill has no intention of taking it easy in retirement. Weill, who stepped down as chairman of Citigroup Inc. in April, has just completed his first retirement project with the publication this week of an autobiography titled "The Real Deal -- My  ...

NEW YORK (AFX) - After spending his career acquiring one company after another to build the biggest bank in America, Sanford "Sandy" Weill has no intention of taking it easy in retirement. Weill, who stepped down as chairman of Citigroup Inc. in April, has just completed his first retirement project with the publication this week of an autobiography titled "The Real Deal -- My Life ...

LONDON (AFX) - Clara Furse, the chief executive of the London Stock Exchange PLC, has told some of her largest shareholders that she has a secret masterplan to see off a bid from Nasdaq, over and above any deal with UK-based interdealer brokerage ICAP PLC, according to The Sunday Telegraph. The newspaper did not name its source, but said the US exchange operator has been laying the ground for a r ...