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The Prudential has taken steps to double its size through a record breaking rights issue. Prudential is looking to buy the Asian assets of AIG to make it the dominant player in the region, a deal falling as it does into the ‘once in a lifetime opportunity’. More
Sterling has had a torrid week with the Governor of the Bank of England, Mervyn King, warning that it may be too soon to call an end to the need for quantitative easing. More
Dubai’s problems have not gone away following the financial support of their neighbours that was announced several months ago. More
February started with concerns over the debt levels of Governments in the Eurozone. More
We are out of the recession, but the showing could not have been more meaningless at a growth rate of 0.1% in the fourth quarter of last year. More
Cadbury has succumbed to an improved bid from Kraft with a larger proportion in cash, which will satisfy most shareholders although all will have to take on a small number of Kraft shares. More
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