Diageo transfers shares to cut E1.1bn deficit
450591
IPE.com 5/Oct/04: UK - Drinks firm Diageo has transferred four million shares in US cereal maker General Mills to its UK pension plan to help cut the schemeâs 750 million-pound (1.
647219
MBIA Inc , the world's largest bond insurer, slashed its dividend on Wednesday and said it would sell $1 billion of debt to preserve capital and the "triple-A" ratings it needs to operate normally in a mortgage market under siege.
573500
The European Commission froze its threat of fines against France and Germany on Tuesday, granting the two biggest economies in the euro zone an extra year to bring down their bloated budget deficits.
738572
The Federal Reserve, confronted with a global stock sell-off fanned by increased fears of a recession, cut a key interest rate by three-quarters of a percentage point on Tuesday, the biggest one-day move by the central bank in recent memory.
86792
Germany slashed its public deficit to 1.7 percent of output in 2006 -- much lower than originally estimated -- thanks to the booming economy, official data showed on Thursday.
277855
The three largest shareholders in MAN sold their 25 percent stake in the German machinery and vehicle maker on Wednesday for EUR1 billion, marking a further step in the disentangling of Germany Inc., the ...
651973
It's part of a plan to cut costs by $1.6 billion between now and March 2008.
524441
Diageo, the world's biggest maker of alcoholic drinks, said on Thursday that net profit advanced 8.9 percent in the first half of the group's financial year, boosted by performance abroad.
658922
Diageo, the world's biggest maker of alcoholic drinks, has said that net profit fell 23 percent to 895 million pounds (1.339 billion euros, 1.760 billion dollars) in the first six months of its financial year.
157934
Germany's biggest banks is to cut 1,920 positions over the next two years as part of an ongoing reorganisation.
271309
ROME Enel, the largest Italian utility, said Friday that it would receive E1.9 billion in investment compensation from the government as it sells most of its stake in the power grid operator Terna.
78838
Diageo, the world's biggest maker of alcoholic drinks, has said that its net profit surged by 42 percent to 1.908 billion pounds during its financial year, boosted by strong sales in the United States.
250889
Sydney - Global resources giant BHP Billiton on Tuesday announced a share buy-back of A$1 billion to A$1.5 billion (R4.65 billion to R6.
246101
The budget deficit for the current budget year will jump to about $250 billion, the Congressional Budget Office estimated Wednesday, citing the weakening economy
131890
General Mills Inc. GIS.N on  Monday said it will sell an $835 million stake in its cereal  business to an affiliate of Lehman Brothers Holding Inc.  LEH.N and use the money to buy back 16.5 million of its  common shares from Diageo Plc DGE.L.
18256
Shares of Enel, the dominant electricity company in Italy, had their biggest gain in seven months on Monday, the first day of trading after the Italian government sold shares
63779
Credit Suisse says first-quarter profit will be $1bn less than forecast after a write-down.