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HCL Tech offers £441 m for UK’s Axon, tops Infosys’ bid
Hindu Business Line, India
The proposed acquisition would be funded largely through loans with HCL Technologies tying up £400 million debt, with the rest coming from the cash on its ... |
UK Home Prices Fall; Nomura and Lehman Deal
123Jump.com, FL
Wolseley sounded optimistic note after it released its annual earnings and said that it has adequate capital and is not in a danger to break its bank loans ... |
Bad loan fears loom over Cityscape’s extravaganza
The National, United Arab Emirates
“Banks’ exposure to the mortgage sector is minimal compared to that in the US, the UK or Spain. The main exposure is to the contracting sector. ... |
Markets' most volatile week since crunch began
Financial Times, UK
In contrast, three-month sterling, dollar and euro Libor rose further and as benchmarks for floating rate home and company loans they impose a higher cost ... |
The trouble with Europe
Sunday Herald, UK
Then it spread to the UK, initially via the collapse of the Northern Rock building society and then to the long-established banks such as RBS and HBOS, ... |
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