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Top News: British Airways in merger talks with Qantas

British Airways PLC said Tuesday it is in talks with Australia's Qantas Airways Ltd. about a potential merger, sending its shares soaring as it confirmed expectations of consolidation in the hard-hit aviation industry. BA, which is already pursuing a ...

From JANE WARDELL, AirportBusiness.com,  2 Dec 2008

British Airways in merger talks with Qantas

British Airways PLC says it is in talks with Australian airline Qantas Airways Ltd. about a potential merger. In a statement released Tuesday in response to speculation, BA says that it is exploring a potential merger "via a dual-listed company ...

From JANE WARDELL, Newsvine,  2 Dec 2008

Iceland changes foreign exchange rules

The central bank, Sedlabanki, had modified its currency outflow in the wake of the collapse of Iceland's three major commercial banks and a subsequent plunge in the value of its currency, the krona. As supplies of foreign currency dried up on the tiny ...

From JANE WARDELL, San Francisco Chronicle,  28 Nov 2008

Iceland changes foreign exchange rules

Iceland's central bank said Friday it has lifted some of its restrictions on foreign exchange transactions but added it has also implemented rules curbing cross-border movement of capital. The central bank, Sedlabanki, had modified its currency outflow ...

From JANE WARDELL, Newsvine,  27 Nov 2008

UK retailer Woolworths desperate for buyer amid retail turmoil

Woolworths, which opened its first store in Liverpool, in northern England, in 1909, said it had appointed Deloitte to take control of Woolworths PLC, its retail arm comprising its stores and warehouses that employ 25,000 people. Deloitte ...

From JANE WARDELL, Canadian Business Online,  27 Nov 2008

UK retailer Woolworths desperate for buyer amid retail turmoil

LONDON Just a year shy of celebrating its centenary, British retailer Woolworths Group PLC was on the verge of collapse Thursday as financial administrators appointed to oversee the company raced to find a buyer for its 800-strong chain of outmoded ...

From JANE WARDELL, Globe and Mail,  27 Nov 2008

Woolworths desperate for buyer amid retail turmoil

LONDON (AP) -- Just a year shy of celebrating its centenary, retailer Woolworths Group PLC was on the verge of collapse Thursday as financial administrators appointed to the company raced to find a buyer for its 800-strong chain of outmoded ...

From JANE WARDELL, Buffalo News,  27 Nov 2008

Woolworths to go into administration

The board of Woolworths Group PLC met late Wednesday to approve plans to put the two principle operating businesses of the century-old company into administration after failed attempts at a fire sale.. A person familiar with the talks said ...

From JANE WARDELL, eTaiwan News,  26 Nov 2008

Woolworths to approve administration plan

The board of Woolworths Group PLC met late Wednesday to approve plans to put the two principle operating businesses of the century-old company into administration after failed attempts at a firesale. A person familiar with the talks, but not ...

From JANE WARDELL, Taiwan News,  26 Nov 2008

Woolworths to approve administration plan

LONDON—The board of Woolworths Group PLC met late Wednesday to approve plans to put the two principle operating businesses of the century-old company into administration after failed attempts at a firesale. A person familiar with the talks, but not ...

From JANE WARDELL, Boston Globe,  26 Nov 2008

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