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BA and Iberia: merger positive for passengers

The agreement ends more than a year of talks between BA and Iberia aimed at finding a way for the two loss-making carriers to share resources amid slumping demand for air travel. But while they argued that combining BA's North American routes with ...

From JANE WARDELL, San Francisco Chronicle,  13 Nov 2009

Related Topics: American Airlines,  Virgin Atlantic Airways,  Lufthansa,  AMR Corp,  Richard Branson

BA chief says Iberia deal won't raise fares

British Airways PLC began a charm offensive about its proposed merger with Spain's Iberia SA Friday, dismissing suggestions the deal would increase fares or reduce standards at Britain's flagship carrier. BA Chief Executive Willie Walsh, who will take ...

From JANE WARDELL, AirportBusiness.com,  13 Nov 2009

Related Topics: British Airways,  Lufthansa,  American Airlines

BA and Iberia talk merger

BRITISH Airways Plc and Spanish airline Iberia SA confirmed they held separate board meetings yesterday about a long-awaited merger, responding to feverish speculation that has sent their shares soaring. BA, the third-largest airline in Europe, said ...

From JANE WARDELL, Shanghai Daily,  12 Nov 2009

Related Topics: American Airlines

British Airways-Iberia merger under consideration

LONDON - British Airways PLC and Spanish airline Iberia SA confirmed they are holding separate board meetings about a long-awaited merger, responding to feverish speculation that has sent the companies' shares soaring. ...

From JANE WARDELL, Atlanta Journal Constitution Vendor,  12 Nov 2009

Related Topics: British Airways

BA confirms board talks on Iberia merger deal

LONDON - British Airways PLC and Spanish airline Iberia SA confirmed they are holding separate board meetings Thursday about a long-awaited merger, responding to feverish speculation that has sent the companies' shares soaring. ...

From JANE WARDELL, Atlanta Journal Constitution Vendor,  12 Nov 2009

Related Topics: British Airways,  American Airlines,  FTSE,  AMR Corp,  Virgin Atlantic Airways

BOE sees rise in GDP and prices

THE Bank of England raised its forecasts for economic growth and inflation yesterday, but warned that Britain's economic recovery is just beginning and that its strength remains "highly uncertain." BOE Governor Mervyn King said the bank's moves to ...

From JANE WARDELL, Shanghai Daily,  11 Nov 2009

Related Topics: Bank of England,  Mervyn Allister King

Bank of England cautions on economic recovery

T he Bank of England raised its forecasts for economic growth and inflation on Wednesday, but warned that Britain's economic recovery is just beginning and that its strength remains “highly uncertain.” Bank Governor Mervyn King said the bank's moves to ...

From JANE WARDELL, Globe and Mail,  11 Nov 2009

Related Topics: Bank of England,  Mervyn Allister King,  Office for National Statistics

Bad debt weighs on Barclays earnings

LONDON - Banking group Barclays PLC on Tuesday reported strong earnings in its investment banking unit and announced the restart of dividend payments, but also warned that the bad debts weighing on its profits have not yet peaked. ...

From JANE WARDELL, Atlanta Journal Constitution Vendor,  10 Nov 2009

Related Topics: Royal Bank of Scotland,  G-20

Cadbury rejects Kraft bid

LONDON - British candy maker Cadbury PLC rejected a renewed 9.8 billion pound ($16.4 billion) hostile bid from Kraft Foods Inc. ...

From JANE WARDELL, Atlanta Journal Constitution Vendor,  9 Nov 2009

Related Topics: Kraft Foods Inc.,  Nestle,  Unilever PLC,  Warren Buffett,  Berkshire Hathaway

Cadbury rejects lower Kraft bid

K raft Foods Inc. KFT-N launched a £9.8-billion pound ($16.4-billion U.S.) hostile bid for Cadbury PLC on Monday – refusing to sweeten a previous offer rejected by the British candy maker. The terms of the cash-and-stock approach were left unchanged, ...

From JANE WARDELL, Globe and Mail,  9 Nov 2009

Related Topics: Kraft Foods Inc.

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