- Europe's Biggest Banks Grow Even Bigger, `Sowing the Seeds' of Next Crisis European banks are emerging from the credit crisis bigger than before, posing more risk to their national economies.
- Dubai Selloff Makes Etisalat `Star' Gulf Stock as Aramex Poised to Rally The worst plunge in Dubai stocks in more than a year and record retreat for Abu Dhabi are luring investors to telephone companies, airlines and port operators they say have become bargains.
- Blackstone Builds City of London Tower for Students Rather Than Bankers The tallest tower in London’s main financial district to open next year won’t house bankers or office workers -- it’ll be a student dormitory.
- AIG's `Tainted Brand' in U.K. Means 87% Sales Plunge at Life Insurer Unit American International Group Inc. suffered an 87 percent quarterly sales decline at its European life business as U.K. clients abandoned the firm, draining value from operations the insurer is selling to repay a U.S. bailout.
- Scotch Whisky Makers Spend $800 Million to Age Drams for Emerging Markets Ninety years after Johnnie Walker stopped making Scotch in Annandale, David Thomson wants to put the distillery back on the whisky map of the world.
Bloomberg Daily News 2nd December 2009
No comments:
Post a Comment