Business Diary: 28/11/2009
Saturday 28 November 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.
- 1 Autistic teenager beaten up by bullies makes them watch 20-minute video about autism
- 2 Greece debt crisis explained: A history of just how the country landed itself in such a mess
- 3 People all over the world are getting semicolon tattoos to draw attention to mental health
- 4 Greek debt crisis: Yanis Varoufakis's funniest (and most memorable) quotes
- 5 The biggest first date turnoff has been revealed
Greece debt crisis explained: A history of just how the country landed itself in such a mess
Swedish minister gives strongest case yet on why EU should stop turning away asylum seekers
Man dies instantly after shooting firework from top of his head
Isis schoolgirl Amira Abase who fled London to join terrorists in Syria mocks victims of Tunisia massacre
Father faces deportation to Thailand after 27 years in Britain for two 'stupid crimes'
More Britons believe that multiculturalism makes the country worse - not better, says poll
Osborne to cap family benefits at £23,000 – announced ahead of his post-election Budget
Nathan Collier: Montana man inspired by same-sex marriage ruling requests right to wed two wives
Greece crisis: IMF was pushed around by Angela Merkel and Nicholas Sarkozy – and now it is being humiliated
Forget little green men – aliens will look like humans, says Cambridge University evolution expert
Girl, 7, stares down hate preacher at Ohio festival with pro-LGBT rainbow flag gesture
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