Thu, 7th Jul 2011 05:10 The Daily Telegraph
NUMIS PAYS 5 MLN STG TO FIDELITY TO SETTLE DISPUTE
Brokerage N
umis will pay $8 million to settle a
dispute with the U.S. fund manager Fidelity over advice it have
during a fundraising in 2007.
ASTON MARTIN CONSIDERING FLOAT IN ASIA
Luxury sports car manufacturer Aston Martin said
it is targeting growth in China and considering a stock market
flotation which would take place in Hong Kong rather than London
'when the time is right.'
The Times
EUROPE CRITICIZES 'BIASED' RATINGS AGENCIES
Credit ratings agencies were hit by a political backlash in
Europe after Moody's cut Portugal's rating to junk, sending the
country's implied borrowing costs to a record high.
UK AIRLINES WARN ON EU CARBON TRADING SCHEME
British airlines have urged the European Union to water down
proposals for a new carbon trading scheme amid fears that it
would spark retaliation from other countries.
The Guardian
EURO ZONE GOVERNMENTS SPLIT OVER GREECE BAILOUT
Euro zone finance ministers are divided over how to handle
the spiraling Greek debt crisis, Dutch finance minister Jan Kees
de Jager said as he criticized France's plans for a new rescue
package.
(Summary compiled by Reuters)
Keywords: PRESS DIGEST British business
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