Severstal to increase capital spending by 40% Russia's biggest steelmaker plans to boost capital spending by 40%, in an attempt to improve its competitive position as global demand for the commodity picks up
Tue, 9 Mar 2010 18:23:34 +0000 Delta recommends takeover offer The UK-listed metals company has backed a £285m offer from Valmont, but traders believe the US company would have to raise the terms of its bid to secure the support of shareholders
Tue, 09 Mar 2010 22:09:20 +0000 Europe eyes ban on CDS contracts used against Greece Europe's leaders have launched a concerted attack on financial speculation,
blaming the crisis in Greece on the use of debt derivatives by hedge funds.
Tue, 09 Mar 2010 19:38:47 +0000
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Companies' appetite for investing in Britain is being sucked dry More evidence that Labour can't rely on tax revenues from a recovering economy
came with Tuesday's export figures - dismal. A fall back into negative
growth looks highly likely, just in time for the election.
AP - The government sent investigators Tuesday to examine a Prius that sped out of control on a California freeway, and Toyota said it wanted to interview the driver as the besieged automaker dealt with a high-profile new headache that raised questions about the safety of its beloved hybrid.
AP - The luxury apartment buildings Yang Xuhua passes on her way to work are a daily reminder of her own frustrated efforts to buy a home. Prices for even modest apartments in Shanghai have soared, putting home purchases out of reach for white collar workers and professionals.
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