Financial News
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EU clears UK rescue aid to Northern Rock, but warns on future plans UPDATE ...
5 Dec 2007
source:
iii.co.uk
(Updates with further comment on restructuring conditions, govt insistence on repayment) BRUSSELS (Thomson Financial) - The European Commission said it has approved under EU rules rescue aid given by the UK government to stricken mortgage lender Northern Rock PLC, but warned that any future restructuring plans would be under similar scrutiny and also necessitate clearance. The commission, which ... |
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City focus: China's hunger for minerals
5 Dec 2007
source:
thisismoney.co.uk
Rupert Steiner, Daily Mail5 December 2007, 9:05am Chat | Guide | Calculate Red China it might be, but its acquisition hungry firms are very much in the black, with plenty of cash to spend. For a population brought up on a diet of communism, its businessmen have embraced capitalism with remarkable gusto. WANT TO KNOW MORE? Why you should invest in China BHP hits highs on demand from Chi ... |
