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Archive for November 14th, 2008

Expert: Private travel insurance is a risk

posted by This is Money | Home in General
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A doctor is taking on the travel insurance industry claiming their cover is risky and his newly-launched EHIC card-based policy is a far better option skiers


Investors who fled to gold beat the crunch

posted by This is Money | Home in General
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The credit crunch has wreaked havoc across almost all assets but investors who flocked to gold have seen its value rise by 10% since the bad times hit Gold Bars


Energy firms ‘profit from poor’

posted by BBC News | Business | UK Edition in General
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Energy suppliers are being accused of making some of their biggest profits from their poorest customers.

UK in for ‘prolonged recession’

posted by BBC News | Business | UK Edition in General
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A severe downturn is unavoidable and the recession will be painful and prolonged, the British Chambers of Commerce warns.

Budweiser takeover is cleared

posted by BBC News | Business | UK Edition in General
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Stella Artois brewer Inbev gets approval from regulators to take over Budweiser maker Anheuser Busch in a $52bn deal.

US stocks fall on weak sales data

posted by BBC News | Business | UK Edition in General
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Leading US shares fall on Friday as renewed worries about the economic outlook lead to profit-taking.

Lehman staff set to get bonuses

posted by BBC News | Business | UK Edition in General
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The remaining UK staff at the failed investment bank Lehman Brothers are to receive their annual bonuses despite the firm being in administration.

HBOS sees risk of nationalisation

posted by BBC News | Business | UK Edition in General
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HBOS says that it could face nationalisation if its proposed takeover by Lloyds TSB is not approved by shareholders.

$50 oil sparks petrol price cut demands

posted by This is Money | Home in General
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The AA today demanded a cut in petrol prices as the cost of a barrel of oil plunged to a low of $50 Car being filled with petrol


Sun Micro to cut up to 6,000 jobs

posted by BBC News | Business | UK Edition in General
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Computer hardware maker Sun Microsystems is to cut up to 6,000 jobs in a bid to reduce costs.
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