Olympic organizers plan stringent security measures for London 2012 Summer Games
Vittorio Hernandez – AHN News London, England, United Kingdom (AHN) – Organizers are planning to put in place very stringent security measures for the London 2012 Summer Games. According to reports, part of the strict measures are similar to what are applied at airports such as limits on what people would be able to bring [...]
London police and Britain’s Serious Fraud Office raid Tchenguiz brothers over Icelandic bank collapse
Vittorio Hernandez – AHN News London, England, United Kingdom (AHN) – Joint forces of the London police and Britain’s Serious Fraud Office raided the offices of two prominent London brothers over the collapse of Icelandic bank Kaupthing. Robert Tchenguiz was the biggest client of the collapsed bank with a loan portfolio of about $2.1 billion [...]
BP, Reliance sign $7.2 billion oil deal
AHN News Staff London, United Kingdom (AHN) – In what could make the biggest foreign direct investment into India’s emerging market, British Petroleum (BP) has signed a transformational oil and gas partnership worth $7.2 billion with energy giant Reliance Industries Ltd (RIL). The world’s fourth-largest energy company, BP, will buy 30 percent stake in RIL’s [...]
Net foreign buys of U.S. assets $65.9 bln in Dec.
WASHINGTON (MarketWatch) — Foreign investors bought a net $65.9 billion of long-term U.S. assets in December down from $85.1 billion in November, the Treasury Department said Tuesday. International demand for Treasurys decelerated to an increase of $54.7 billion in December from a gain of $61.7 billion in the prior month. Foreign central bank purchases of [...]
Faced with rising trade deficit, UK comes up with programs to boost exports
Linda Young – AHN News Writer London, United Kingdom (AHN) – British Business Secretary Vince Cable on Wednesday unveiled new programs aimed at increasing exports by small companies to reverse the nation’s trade deficit. Cable explained that the UK had racked up a trade deficit in goods and services by consuming too much while exporting [...]
Bankers’ pay deal slows business lending agreement
Vittorio Hernandez – AHN News London, England, United Kingdom (AHN) – The British coalition government had been bogged down in its talks with large banks under Project Merlin because of details on bankers’ pay. Agreement on more restraint and transparency on bonuses for bankers is slowing the possibility of reaching a deal for banks to [...]
Football Premiership backs ping pong tournament for underprivileged youth
Jojo Doria – AHN Sports Contributor London, United Kingdom (AHN Sports) – England’s primary football competition, Premier League, is set to get involved in a new cup competition Saturday, the Urban Cup, a table tennis tournament. Backed by the Football Association, the Urban Cup aims at providing underprivileged kids opportunities through the sport. The ping [...]
Painful affairs of child adoption in Nepal
Anil Giri – AHN News Correspondent Feature Story, Nepal (AHN) – Last September, American couple Haydn Hilling and his wife Edvige desperately wanted to take home their adopted Nepali child, Kailash. Though the American couple that hails from Louisiana spent more than one-and-a-half years getting the necessary paperwork required for the adoption, the process has [...]
British supermarket giant eyes India expansion
Vittorio Hernandez – AHN News London, England, United Kingdom (AHN) – Britain’s largest supermarket Tesco is the likely beneficiary of a planned lifting of restriction on foreign investments by the Indian government. Indian Corporate Affairs Minister Jyotiraditya Scindia on Thursday supported the lifting of a restriction on foreign investments for certain sectors, such as retail. [...]
London mayor wants another airport in southeast
Vittorio Hernandez – AHN News London, England, United Kingdom (AHN) – London Mayor Boris Johnson warned Monday that the international standing of Britain’s capital city as an aviation and business hub could decline unless a new airport is built. Johnson proposed the construction of a new international gateway in the region southeast of the city [...]
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Lending News- Mortgage rates fall to new low–again
- Mortgage rates fall to record low
- Mortgage rates fall to record low
- Japan announced food aid to Nepal
- Fed leaves rates steady
- Microloan demand grows in the West Bank and Gaza Strip, despite the risks
- Big Banks Slack on Maintaining Foreclosed Homes in Minority Areas, Complaint Charges
- IMF aid becomes Egyptian political football
- Mortgage rates virtually unchanged in latest week
- In land of no loans, consumer debt mounts
- Personal Loans
- Realty Trac: foreclosures dropped to lowest level since 2007
- Bonded labor ensnares entire families
- Ally mortgage unit files bankruptcy
- Massachusetts Lawmakers Unveil Ambitious Plan To Cut Health Care Costs
- Ethnic minorities call for caution as sanctions ease
- Dubai’s bounced-check convicts go on strike
- Short sales up in housing market
- Short sales up in housing market
- Stocks slide Wednesday following Tuesday’s big gains
- Big Banks Slack on Maintaining Foreclosed Homes in Minority Areas, Complaint Charges
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- Plane with newly-inaugurated Hollande hit by lightning, trip to Germany delayed
- Mortgage rates fall to new low–again
- U.S. stocks tumble Tuesday over Greek woes
- Gingrich set to endorse rival Romney
- Thousands of Libyans still afraid to return home
- Costco to offer mortgages
- Bank of America sees profits drop
- Short sales up in housing market
- Mortgage rates decline in latest week
- Mortgage rates virtually unchanged in latest week
