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>>IOE News

IoE Chair March Budget comments
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The Institute of Export (Monday 19 March 2007) signed a landmark Memorandum
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Sir Reg Empey shows his support to Export
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Institute Exports Its Knowledge To Egypt
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Business News - provided by Reuters
What the Bank has to weigh up next week
LONDON (Reuters) - The Bank of England looks set to hold interest rates steady for the third month running next week as policymakers seem trapped between high inflation on one side and sharply slowing growth on the other.

Pensioners bare brunt of inflation
LONDON (Reuters) - Pensioners have seen the average cost of living soar by more than a third during the past 10 years, research showed on Saturday.

B&B ups rights issue size
LONDON (Reuters) - Bradford & Bingley on Friday increased its rights issue to 400 million pounds after U.S. investor TPG Capital pulled out of buying a stake as concern deepened about the bank's business plan.

French bank body fines SocGen over Kerviel
PARIS (Reuters) - France's Banking Commission on Friday fined Societe Generale 4 million euros (3.2 million pounds) for serious breaches in internal controls revealed by the French bank's 4.9 billion euro rogue trading loss.

FTSE ends lower as banks and oil weigh
LONDON (Reuters) - The blue-chip index ended lower on Friday during a relatively quiet session as banking stocks slipped following a bearish Goldman Sachs note and oil companies tracked softer crude prices.

EU opens investigation of Rio-BHP deal
BRUSSELS (Reuters) - The European Commission opened an in-depth investigation on Friday into BHP Billiton's $170 billion (85.7 billion pound) unsolicited bid for rival miner Rio Tinto , with prices of iron ore already soaring.

M&S's Rose set for showdown
LONDON (Reuters) - Marks and Spencer boss Stuart Rose, lauded for reviving the landmark retailer just a year ago, is battling to save his job after a big profit warning and bungled management changes.


World News - provided by Reuters
Lebanese leaders close to government deal
BEIRUT (Reuters) - Lebanese leaders are close to a deal on the formation of a national unity government as stipulated in an agreement that ended the country's political crisis, political sources said on Saturday.

Colombia shows rescue video
BOGOTA/PARIS (Reuters) - Colombia showed a video on Friday of the rescue of Ingrid Betancourt and 14 other hostages where their anger turned to ecstasy as theatre-trained military agents duped and overpowered leftist rebels.

Calm in Mongolia as emergency rule nears end
ULAN BATOR (Reuters) - Troops began pulling back from the streets of the Mongolian capital on Saturday and political leaders called for calm ahead of the lifting of emergency rule that was declared after rioting over alleged election fraud.

Gunmen shoot dead Afghan member of parliament
KABUL (Reuters) - Two gunmen shot dead an Afghan parliamentarian near his home in the southern Afghan province of Kandahar, the Interior Ministry said on Saturday.

Iran says its nuclear stance unchanged
TEHRAN (Reuters) - Iran said on Saturday its nuclear stance had not changed and it was ready to hold talks with world major powers over its disputed nuclear programme based on international regulations.

Abkhazia says Georgia planned to take region by force
MOSCOW (Reuters) - Georgia's breakaway region Abkhazia said on Saturday Tbilisi had planned to take the area over by military force earlier this year but failed in its mission, Russian agencies reported.

Big protest planned for Seoul against beef and Lee
SEOUL (Reuters) - South Korean police said they expect about 35,000 to gather on Saturday for a protest against a U.S. beef import deal and the polices of the new president, whose government has faced a crisis due to the weeks of street rallies.