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A Eurostar train enters the Channel Tunnel in Calais, northern France, in this Nov. 21, 1996 file photo. Anglo-French tunnel operator Eurotunnel reported a euro1.89 billion (US$2.36 billion) net loss in 2003 on Monday, Feb. 9, 2004 and said it had appealed to the French and British governments to allow for a rate cut to help boost traffic.
(photo: AP / Michel Spingler, file)
Eurotunnel Ekes Out Profit for 2009 Despite Disasters
The New York Times
| PARIS — Eurotunnel Group said Tuesday that it managed to make a profit in 2009, despite lingering repercussions from a 2008 fire and the disastrous breakdown of Eurostar trains at the height of the year-end travel season. | Net profit fell 96 percent from a year earlier to €1.4 million,...
Microchip Implant (sl1)
(photo: Public Domain )
Britain Could Force Owners to Microchip Their Dogs
The New York Times
| Filed at 9:50 a.m. ET | LONDON (AP) -- British dog owners may be forced to microchip their pets and take out insurance, part of a proposed crackdown on the country's dangerous canines. | Postmen are delighted, but civil libertarians grumble that Britain's sprawling surveillance state now wants to ...
Mapping British Business Hotels
The Times
| Britain's hotel industry, like many business sectors, is cautiously optimistic. For the first time in many years, the UK's tourism industry enjoyed an improvement in its balance of payments last year, thanks to the weak pound and the recessionary p...
Waiting for the hotel guests to return
The Times
| The 1,600 delegates assembled in Berlin this week for the annual International Hotel Investment Forum were all asking each other one question: when will the gloom that has enshrouded the hotel industry over the past 18 months lift? | To judge by a ...
MP writes to police over Stafford Hospital
BBC News
| Police have been asked to investigate whether a damning report into a hospital trust could be a base for a criminal prosecution. | Last year, it was revealed there were more than 400 deaths than would be expected at Stafford Hospital between 2005 t...
Britain: Former Top Spy Accuses U.S.
The New York Times
| United States intelligence agencies misled allies, including Britain, about its mistreatment of suspected terrorists, Eliza Manningham-Buller, the former head of the country’s domestic spy agency, MI5, said Tuesday. Ms. Manningham-Buller, who...
The international headquarters for the HSBC Group, 2nd right high-rise building, is seen in the Canary Wharf district of London, Wednesday March 25, 2009. The British division of HSBC PLC said Wednesday that it may lay off as many as 1,200 staff following a review of operations, but the Unite union claimed that 2,900 staff were affected. HSBC said 1,200 staff represent about 2 percent of HSBC's 58,000 employees in Britai
AP / Matt Dunham
HSBC chief expected to miss out on 40% pay rise after investors demand U-turn
The Guardian
| Big base-salary increase likely to inflame shareholders after bosses at rival banks waive bonuses | Stephen Green: proposed increase would have raised his base salary to as much ...
The lion statue on the ground floor of the HSBC
GFDL / BrokenSphere
HSBC's Asia moves may force StanChart
China Daily
| LONDON: HSBC Holdings Plc's decision to move Chief Executive Officer Michael Geoghegan and three more top bankers to Hong Kong from London may force Standard Chartered Plc to fol...
People walk into the head office of Lloyds Banking Group in the City of London, Friday, Feb. 27, 2009. Lloyds Banking Group PLC reported Friday that profits fell 75 percent in its Lloyds TSB unit in 2008, while the recently acquired Halifax/Bank of Scotland lost 7.5 billion pounds (US$ 10.7 billion) over the
AP / Sang Tan
Lloyds Banking Group 2009 net profit is 2.8 bln pounds ($4.3 bln), but pretax loss disappoints
KDVR
LONDON (AP) — Lloyds Banking Group PLC on Friday reported a full-year net profit of 2.8 billion pounds as a goodwill gain helped offset soaring impairment charges. | The bail...
Bristol-Myers CEO's 2009 Compensation Down 22 Pct
ABC News
By LINDA A. JOHNSON AP Business Writer | TRENTON, N.J. March 9, 2010 (AP) The Associated Press | The chief executive of drugmaker Bristol-Myers Squibb Co., James Cornelius, received a 2009 compensation package valued by The Associated Press at $17 mi...
2009 compensation for Bristol-Myers Squibb CEO Cornelius falls 22 percent amid recession
Hartford Courant
TRENTON, N.J. (AP) — The chief executive of drugmaker , James Cornelius, received a 2009 compensation package valued by The Associated Press at $17 million, down 22 percent from 2008, due to the much lower value of his stock awards. | The maker...
Bristol-Myers CEO's 2009 compensation down 22 pct
Newsday
| March 9, 2010   | (AP) — The Associated Press has found the chief executive of drugmaker Bristol-Myers Squibb Co. saw his 2009 compensation fall by 22 percent amid the recession. | James Cornelius received a 2009 compensation package valued ...
Business
Gordon Brown, with John Armitt, Tessa Jowell, Sebastian Coe,
(photo: AP / Stefan Rousseau/PA/pool)
UK's Brown paves way for election with budget date
Philadelphia Daily News
| JANE WARDELL and DAVID STRINGER | The Associated Press | LONDON - Britain's economic recovery remains fragile, British Prime Minister Gordon Brown warned Wednesday, as he paved the way for a national election by announcing the government's budget would be published in two weeks. | In a pre-election swipe at the main opposition Conservative Party,...
Industries
 AIA Insurance , offers a comprehensive range of insurance product and services, life insurance southeast asia. financial planer. tp1
(photo: WN/Theresa)
Prudential scrambles for float as AIA deal hangs in balance
The Times
| Prudential was racing last night to complete a Hong Kong listing for its shares amid renewed doubts that investors would approve its record $35.5 billion acquisition of AIA, the Asian division of American International Group (AIG). | Blair Stewart, an analyst at Bank of America Merrill Lynch, said yesterday it was by no means certain that Pru inv...



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