Oil, Copper and Gold all took to the skies yesterday, shaking off previous worries of commodity bubbles with some breaking through previous records. Crude oil reached record highs across New York and London markets amid concerns over the latest crisis in Korea after the missile firings, and at the lack of progress in Iran...
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Miffed by the valuation of its 20% stake in Airbus by NM Rothschild, BAE is to order a formal audit of Airbus before deciding if it sells its stake. The value of the stake made by Rothschild comes in at $US3.5bn – which is about a third less than BAE and the market expected....
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In contrast to the growing scandal and financial downgrading that Airbus sees itself mired under at the moment. Boeing seems to be in the final phase of putting its own scandal behind it. Boeing is to pay a fine of $615mn so it can avoid both civil and criminal charges, following a three year...
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This afternoon NM Rothschild issued its recommendations on the value of BAEs 20% share of Airbus Industries and valued it at a shockingly low 2.75bn euros. Prior to the announcement of delivery delays of deliveries of Airbus’ A380 super jumbo jet liner it was estimated that value would be 5bn Euros. Though BAE had...
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For a country with a small population, Australia’s punch is being felt across the world – not just on the soccer pitch but in a whole range of industry sectors. A takeover battle has erupted for Associated British Ports as a rival group led by Australia’s Macquarie Bank Ltd. made a bid at the...
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