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05/13/2008 10:01 AMA&L writedowns bigger than expected The bank revealed that the impact of the credit market downturn had cost it nearly £400m in the first four months of the year, but said it had secured funding in the wholesale markets into the second quarter of 2009
05/13/2008 04:26 AMChina quake death toll nears 10,000 At least eight schools were reported to have collapsed, burying hundreds of children under rubble after the country's worst earthquake for 30 years hit Sichuan province
05/13/2008 09:03 AMFresh delays for A380 deliveries Airbus has told airlines waiting for first deliveries of the A380 superjumbo that there will be yet more delays, as it faces renewed difficulties in bringing the world's biggest commercial jet into series production
05/13/2008 08:34 AMNorthern Foods closes plant supplying M&S Northern Foods has opened consultations with the 730 employees at its Fenland Foods factory in Grantham to close the site, which makes Italian-style ready meals for M&S
05/12/2008 11:40 PMHP close to $13bn deal for EDS The computer maker was close to a deal worth up to $13bn to buy Electronic Data Systems, one of the the world's biggest IT services companies
05/13/2008 08:31 AMRedrow adds to housebuilders' woes Redrow blamed trading conditions and the reduced availability of mortgages for deterioration in the housing market
05/13/2008 09:22 AMCrédit Agricole plans €5.9bn rights issue Crédit Agricole announced that it was planning a €5.9bn rights issue following further writedowns at Calyon, its investment banking unit
05/12/2008 11:49 PMCarphone off Tiscali buyer list Carphone Warehouse, the UK's third largest broadband provider, on Monday suffered a significant setback when it was excluded from a shortlist of would-be buyers of Tiscali, the Milan-listed internet company
05/12/2008 11:48 PMShoppers 'positive' on Tesco's US stores Tesco's ambitious attempt to break into the US grocery market with its Fresh & Easy convenience chain appears to be gaining traction with local shoppers, according to independent research seen by the Financial Times
05/13/2008 08:46 AMSocGen makes further €1.2bn writedowns Société Générale, the French bank hit by the world's worst rogue trader scandal, reported a 23.4% fall in first-quarter net profit and further writedowns of around €1.2bn due to the global credit crisis
05/12/2008 08:05 PMN Rock's borrowers' arrears double The number of mortgages where payments are behind by three months or more has almost doubled since December, raising fears that the nationalised lender's business is deteriorating faster than expected
05/12/2008 03:08 PMCentrica warns profits to fall The owner of British Gas warned that higher wholesale gas and electricity prices would lead to a fall in first half operating profits and hinted at price rises for its business and residential customers later this year
05/12/2008 07:02 PMRenault and Nissan to launch low-cost car Renault, Nissan and Bajaj Motors are to jointly build a $2,500 car to compete with Tata Motors' Nano cut-price family model
05/12/2008 01:26 PMChloride spurns Emerson approach The power protection group said it had received an approach pitched at 255p a share, which it said 'materially undervalued' the group
05/11/2008 07:00 PMShell and Repsol drop Iran gas project Pair's withdrawal from the $10bn-plus development deals heavy blow a blow to Tehran's attempts to expand its energy exports in the face of US and international sanctions
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