Economy
Bank assigns millions to man with same name
Police in Brooklyn have arrested a man who took $2 million out of a bank account held by a finance director with the same name.
 
City slams Post Office closures
Royal Mail has announced plans to close a fifth of all London post offices as part of proposed closure of 2,500 post offices across the UK.
 
Livingstone opposes airport expansion
The Mayor of London has said there is no case to be made for expanding Heathrow or any other airport in London or the South East.
 
Darling nationalises Northern Rock
Chancellor Alistair Darling has announced the temporary nationalisation of Northern Rock, after the Government failed to find a buyer.
 
Administrators sell Dolcis to Barratts Shoes
The Joint Administrators of Dolcis have completed the sale of the brand and its retail stock together with a number of retail stores to Stylo Barratt Shoes Limited for an undisclosed sum.
 
Continental European run-off market to gather momentum in 2008
The year 2008 is already shaping up to be a year of change in the European discontinued insurance markets.
 
European media M&A market steady
European media merger and acquisition (M&A) activity remained strong in the first half of 2007 and is expected to hold up through 2008.
 
Oil and gas M&A undeterred by crunch
M&A levels in the oil and gas industry held up throughout 2007 despite the impact of the credit crunch.
 
Economic influencers drive green movement
Economic as well as environmental reasons are driving the global green movement, according to a survey of technology executives.
 
City bonuses exceed expectations
The credit crunch does not appear to have affected bonus payouts by London’s financial services institutions as strongly as predicted.
 
Employers still upbeat about growth
The recruitment industry shows increased employer optimism about growth prospects for both temporary and permanent staff. 
 
Sharp rise in expected redundancies
A new survey shows a sharp rise in the proportion of employers expecting to make some staff redundant in the coming months.
 
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Industry Moves

Features

BUSINESS IN CHINA
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China's ambitious and astute management population poses a rising challenge to the West.
Staying power and adaptability are key to corporate success in China, says Catherine Bolgar.
EMERGING MARKETS
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A new study surprises when it comes to foreign firms entering China and India.
Globalisation within emerging economies is driving growth of domestic companies into emerging multinationals.
2012 OLYMPIC GAMES
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Survey reveals half of London firms do not expect a 2012 Olympic dividend.
Doubts are cast on the financial management of London hosting the 2012 Olympic Games.