Business Diary: 28/11/2009


RBS gets another gift from ABN Amro


Royal Bank of Scotland has one more reason to regret its disastrous takeover of ABN Amro, a deal that lead to the departure of the boss, Sir Fred Goodwin. Guess where most of RBS's exposure to Dubai comes from? You got it: its Dutch subsidiary has always been a big player in the Middle East.

Credit Suisse wants its briefing back

A mild panic at Credit Suisse, one of the few investment banks to have data on British banks' exposure to the Dubai crisis. Good for it, but an internal briefing with estimates of the exposure was never supposed to be made public – when it surfaced yesterday, there was a desperate attempt to get the document back.

One way to find out what's going on

Want to keep up with the latest developments in Dubai? Try twitter.com/HHSHKMOHD, where you'll find the thoughts of Sheikh Mohammed, the emirate's ruler. He's been strangely quiet over the past few days.

French footballer not welcome here

The Irish bookmaker Paddy Power is still smarting about Ireland's unjust exit from the World Cup. It has launched an advertising campaign at Dublin airport castigating the French striker whose handball knocked the Irish out. "Paddy Power welcomes you to Ireland... unless you're called Thierry," the posters read.

Electric vision for those with sharp eyes

A strange way to announce news. Carphone Warehouse has published a series of mock-ups of how its new Best Buy stores might look. One of them features a tiny picture of an electric car. Boss Charles Dunstone said he'd had a private bet no one would notice the car, which was there to reflect the fact Best Buy may eventually sell them.

Number of the day: 500,000

The number of people who have lost the chance to work overtime so far this year, according to the TUC.

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