Royal Bank of Scotland Cancels Jet Order Worth 47million dollars

March 20, 2009

www.rbs.co.uk Royal Bank of Scotland, the largest bank in the United Kingdom that is owned by the government, has canceled an order for a corporate jet worth $47 million, which was made under the leadership of Sir Fred ...

US Federal Reserve Attempts to Loosen Credit Market

March 19, 2009

www.federalreserve.gov Yesterday, top US Federal Reserve officials announced a number of actions with the intention of getting the tight credit market moving once again. The central bank said that they will purchase up to $750 billion in ...

Toshiba Reshuffles Top Management

March 19, 2009

www.toshiba.com Along with many other companies shuffling top management, next comes Toshiba, who will be lead by a new head that will be responsible for returning the technology giant to profitability, as the company is faced with what ...

Pension Corporation Considers Merger Options

March 19, 2009

www.pensioncorporation.com Pension Corporation, a pensions and insurance specialist, is considering merging with a company, with discussing such a deal with several listed businesses. Edmund Truell, the Chief Executive Officer of Pension Corporation, admitted that they are considering ...

IBM Rumored to be in Discussions with Sun Microsystems

March 19, 2009

www.ibm.com / www.sun.com IBM, the multinational computer technology company, is said to be in discussions with Sun Microsystems to buy the technology vendor, with the aim to take out a rival in order to gain more shares in ...

Google Boosts Speed of Chrome with New Beta

March 19, 2009

www.google.com Google has increased competition in the war of browser speed and has added many features with the new 2.0 beta version of Chrome, their web browser. Even though Chrome 1.0 beta version emerged in December, Google ...

Centrica Buys Venture Production Stake

March 19, 2009

www.centrica.co.uk / www.vpc.co.uk Centrica, the owner of British Gas, has boosted their investment in North Sea with the purchase of a 22.3% stake in Venture Production, the oil and gas producer, for £239.4 million. The gas ...

Best Buy Postpones UK Launch

March 19, 2009

www.bestbuy.com Best Buy has delayed their launch in the United Kingdom until Spring of 2010, partially to take advantage of major reductions in the price of property. Yesterday they said that they may delay again if they ...

Shell Investigated in Bribery Probe

March 18, 2009

www.shell.com Shell, a Dutch and British company, says that they were being investigated by authorities in the United States for possibly breaching overseas bribery rules. In the company annual report for last year, they said they were ...

Royal Bank of Scotland Created Trick to Double Pension

March 18, 2009

www.rbs.co.uk Last October, the former Royal Bank of Scotland Chief Executive was awarded with a pension pot of £16.6 million. Lord Myners, the Treasury Minister, has insisted that he wasn't involved in negotiating the pension for Sir ...