UK widens search for N. Rock solution: sources
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Goldman Sachs , the U.S. investment bank advising the British government on the future of Northern Rock , is seeking to widen the range of options open to the government in its bid to rescue the stricken bank.
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Goldman Sachs , hired to help arrange financing to rescue Northern Rock , is now seeking investors in China and the Middle East to help fund a takeover, a source familiar with the situation told Reuters.
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LONDON/NEWCASTLE  - British Prime Minister Gordon Brown defended his handling of the nationalization of Northern Rock on Monday, but will now have to grapple with the fallout of possible job cuts and shrinking the bank.
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Britain's Labour government Tuesday agreed to extend its guarantee to all customer deposits held at Northern Rock as the British bank severely hit by the global credit squeeze awaits being taken over.
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The British government tried to stem the tide of cash pouring out of Northern Rock  on Monday, promising depositors they wouldn't lose a penny as the bank's share price plunged further and thousands queued to withdraw their savings.
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JC Flowers steps up its efforts to take control of embattled Northern Rock, securing a management team should a deal go through.
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U.S. financial services firm GMAC is preparing to spearhead a bid for British mortgage lender Northern Rock , according to Britain's Sunday Times newspaper.
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The British government on Monday unveiled plans to keep Northern Rock, the bank severely damaged by the squeeze on global credit, in the private sector.
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LONDON, England -- Royal Dutch/Shell plans to boost exploration and production in a bid to restore confidence in the scandal-hit oil giant.
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The Bank of England has agreed to provide emergency funding to mortgage lender Northern Rock after it fell victim to the liquidity squeeze in the banking sector, media reports said on Thursday.
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Britain's finance minister said on  Wednesday he was working on a set of measures which will allow  the government to launch emergency rescues if other banks run  into trouble similar to that experienced by Northern Rock.
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Ailing British bank Northern Rock  is not a "lame duck" and its value is far higher than its current share price, its biggest investor said on Monday as it sought backing to prevent a hasty rescue deal.
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The British government faced questions Monday over its economic competence after nationalising Northern Rock, the beleaguered mortgage lender that fell victim to the global credit crunch six months ago.
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Business & money: Banks and venture capital study government plan for Northern Rock - whilst Branson refuses to match Olivant offer for lender
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Nine more countries offer China  incentives to invest in oil and gas projects as it steps up its hunt for new supplies.
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Chancellor warns nationalisation could be the 'more appropriate' solution for Northern Rock
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Britain is expected to give the go-ahead to a new generation of nuclear power stations next week, sparking a frenzy of deal-making by nuclear firms as well as a fresh challenge from environmental campaigners.