Finance News – Page 259
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NewsMinerva shares plummet as Dubai group pulls out of takeover talks
Rescue bid from Limitless falls through, causing developer's shares to plunge 40%
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NewsFunding worries threaten Olympic media centre
Doubts over contractor Carillion Igloo's ability to secure funding in present climate
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NewsHousing slump halves turnover at MJ Gleeson
Regeneration specialist reports loss on back of reduced sales and costs of cutting staff
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NewsAbu Dhabi: The fast show
To kick off our increased coverage of the Middle East, Dan Stewart reports from one of the most frenetic – yet sustainable – construction booms on the planet
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NewsIndustry lobbies for tougher regulation of short-selling
Senior figures call for checks on the practice after spectacular falls in housebuilders’ shares
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NewsKier: we’re not bailing out of housebuilding
Kier has dismissed reports that it is planning to abandon the private housebuilding market, writes Tom Bill.
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NewsDownturn sparks Gulf exodus for UK consultants
Ambitious engineers and QSs join housebuilding specialists in search for Middle Eastern work
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NewsFlint: We have a plan to help housebuilders through crisis
Housing minister floats land-buying scheme as Labour surveys wreckage of financial system
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NewsVinci uses Taywood to boost nuclear plans
Vinci plans to use its £74m acquisition of Taylor Woodrow to become a major player in the UK nuclear market, according to John Stanion, the company’s chief executive, writes Tom Bill.
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AIM-listed Qatari steel specialist quadruples turnover
Structural steel specialist Panceltica has quadrupled turnover in the six months to 30 June 2008 and said it will become a billion-pound company in three years.
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Profit at Wolseley plunges 77% despite 7,700 job cuts
The credit crunch has pushed pre-tax profit down 77% at building materials group Wolseley.
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NewsFBI fraud probe into banking crisis firms
Lehman Bros, AIG, Fannie Mae and Freddie Mac to be investigated for possible fraud, say reports
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August mortgage approvals drop 64% on last year
British Bankers Association says falling prices and tighter lending criteria are dampening demand
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NewsUAE puts up £7.34bn to avoid property crash
Gulf state follows in footsteps of US and Europe in setting up emergency lending facility
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NewsFinancial markets fail to rally
Shares keep falling as bailout package for US economy makes little impact
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NewsPochin profit plunges 80%
Without joint ventures and associates the firm would have made an £1.4m operating loss
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NewsWolseley job cuts keep it in the black
Cost cutting will continue at materials firm as housebuilding crisis knocks 77% off profit
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NewsAiling Ennstone in takeover talks with Marwyn Materials
Informal approach made following share price collapse and announced departure of chairman
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Contractors suffer salary squeeze as market ebbs
Salary rises diminish across the board and some staff suffer falls as downturn hits contracting sector