The race to acquire the beleaguered United Western Bank (UWB) has finally come to an end with Industrial Development Bank of India (IDBI) all set to acquire it, the Reserve Bank of India (RBI) has announced.
GCap Media has announced today it will be launching its first national jazz station on DAB digital radio.
Payouts on personal pensions have halved in the past decade, a survey shows.
ArmorGroup International Plc, provider of defensive protective security services today announced its unaudited interim results for the six months ended 30th June 2006
The British Cabinet Office has chosen international IT services company Atos Origin to provide IT managed services for the Government Gateway application.
Paragon Group Plc announced today that it would be meeting with analysts ahead of its close period for the year ending 30th September 2006.
Trafficmaster Plc, the vehicle navigation provider, today announced its return to profit in the first half ended 30th June 2006
Finance ministers on Monday endorsed a controversial new World Bank strategy for tackling corruption in developing countries
ngel Gurria of the OECD, an economics think-tank, believes bankers and economists must speak simply, whatever their mother tongue, and he made the point while attending one of the world's biggest gatherings of financial leaders, in Singapore.
EU antitrust chief Neelie Kroes on Tuesday rejected an accusation she was pursuing a vendetta against U.S. software giant Microsoft Corp.
Independent News & Media PLC, which publishes 175 newspapers and magazines worldwide, reported a 30 percent drop in first half profit Tuesday
Nordic and Baltic stock exchange operator OMX AB said Tuesday it will buy the Icelandic bourse in a deal worth about 250 million kronor.
The strength of house price inflation has surprised the Bank of England, according to Monetary Policy Committee member Kate Barker.
Russia's Gazprom said on Tuesday it had suspended assets swap talks with Royal Dutch/Shell because of uncertainty over Shell's Sakhalin 2 oil and gas project
The Department for Transport (DfT) announced shortlists for three new rail franchises on Tuesday, part of a rejigging of the train network that could see fewer companies involved in operating services.
A new era began on Monday for the UK's most successful investment fund, as trading resumed in Fidelity Special Situations after the fund was split in two.
There is little respite for hard pressed with profits policyholders, with Royal London announcing a cut to bonus rates.
Royal Mail on Tuesday launched a new service allowing customers to buy and print their postage online, marking the latest innovation to a stamp based postal service which harks back to 1840 and the Penny Black.
The ZEW Indicator of Economic Sentiment for Germany dropped by 16.6 points in September, it was announced today.
Harry Potter publisher Bloomsbury Publishing said on Tuesday current trading was meeting expectations, as it met forecasts with a 3.4 percent rise in first half profit.
The FTSE 100 index was flat on Tuesday as markets awaited Wednesday's Federal Reserve's decision on interest rates, and with British Energy a standout loser on fears over repairs to two of its nuclear generators.
Toshiba Corp. said on Tuesday it would replace about 340,000 laptop computer batteries worldwide, the third recall of faulty batteries made by Sony Corp. in less than 40 days.
Construction firm John Laing Plc said on Tuesday it had agreed to a takeover bid from fund manager Henderson Equity Partners valuing Laing around 886.9 million pounds.
The Kenyan government has said that two Indian telecommunications firms had shown interest in bidding for the second national telecom operator (SNO) licence.
Technological changes and personal privacy have been at odds ever since modern notions of privacy emerged more than a century ago. Numerous mechanical devices threaten to make good the prediction that 'what is whispered in the closet shall be proclaimed from the housetops', wrote two Boston lawyers in 1890 in a seminal paper that articulated the modern right to be left alone that is the basis of U.S. privacy law.
Africa must develop its rural towns and give local authorities more power in order to ease a strain on cities which are creaking under heavy growth, officials and international planners said on Monday.
World economic growth may be cresting after the strongest showing in three decades, making it imperative that countries revive global, market-opening talks to tap the benefit of expanded trade, the head of the IMF said on Tuesday.
Zimbabwe's citizens struggled to pay sharply higher prices for basic foodstuffs on Monday after official data showed inflation hit a new record in August. Prices surged further over the weekend after news on Friday that Zimbabwe's annual inflation, the highest in the world, rose to 1,204.6 percent last month.
Increased Chinese involvement in Africa should be welcomed, former Mozambique President Joaquim Chissano said on Monday, dismissing accusations that Chinese policies can encourage human rights abuses.
Namibia's main mobile phone operator, Mobile Telecommunications Limited (MTC), 34-percent owned by Portugal Telecom, plans to launch third generation services and Siemens will build the network.
