Petrol stations run dry ahead of Grangemouth refinery strike 2008-04-27 06:01 - The Grangemouth oil refinery has now been completely shut down ahead of a
48-strike due to start on Sunday as Scottish petrol stations began to run
dry after panic buying by motorists.
Baugur under pressure as Moss Bros deadline nears 2008-04-27 06:01 - Baugur said today that it was still working on a planned £40 million takeover
of Moss Bros, the menswear retailer, amid growing speculation that the
Icelandic investment group may walk away from the deal.
Major threat to building jobs as Persimmon closes new sites 2008-04-27 06:01 - The construction industry is braced for tens of thousands of job cuts after
Persimmon, the country’s biggest housebuilder, said it would stop building
on new sites until market conditions improve.
Lara Croft Tomb Raider maker SCi to raise £60 million 2008-04-27 06:01 - Shares in SCi Entertainment plunged by 15 per cent today after the computer
games maker behind Lara Croft revealed a deeply discounted plan to raise £60
million including selling a stake to Robert Tchenguiz, the property tycoon.
Microsoft considers hostile bid for Yahoo! 2008-04-27 06:01 - Microsoft, the world’s biggest software maker, is considering launching a
hostile bid for Yahoo! as early next week if Yahoo! does not begin talks
soon, chief financial officer, Chris Liddell, said yesterday after the
world’s biggest software maker reported an 11 per cent drop in its
third-quarter profit to $4.39 billion.$
Ericsson profits halve on falling phone sales 2008-04-27 06:01 - Ericsson, the world’s biggest mobile telecoms equipment manufacturer, today
announced first-quarter profits down 55 per cent to a five-year low as it
joined its rivals in reporting falling demand for handsets.
European airlines face squeeze on profit 2008-04-27 06:01 - The American airline industry lost $1.5 billion ($£760 million) in the first
three months of the year and fears are growing that European carriers will
be the next to feel the pain.
Why build houses if the mortgages aren’t available? 2008-04-27 06:01 - Given that the number of mortgages approved in March was down by almost half
on last year, you might have suspected that things had gone a bit quiet for
Britain’s housebuilders.
Housing Slump Cuts Black & Decker’s Profit 2008-04-27 06:01 - The tool maker Black & Decker Corporation reported sharply lower first-quarter profit and cut its full-year forecast as a housing slump and credit crunch slowed home improvement activity.
