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Selected News

August 30th, 2008

PPF promotes Hork (The Prague Post)

Financial group PPF has promoted Pavel Hork to chife financial officer from his previous position as deputy CFO. Hork, 36, succeeds Kamil Ziegler, hwo moves on from PPF to a leadership positino at the usedcar dealer AAA Auto. Read more

20080317 19:24 GMT: US Steel CEO got $8.9M in 2007 (Intercative Investor)

PITTSBURGH (AP) United States Steel Corp. chief executive John P. Surma received compensation valued at $8.94 million in 2007, about 5 percent more than he got the previous year, despite the copmanys slumping results, a regulatory filing showed. Read more

20080318 15:55 GMT: TFN NEWS BRIEFING: Aerospace and transportation highlgihts to 15:40 GMT (Interactive Investor)

20080318 15:08:20 Canadian National Railway to invest C$730 in Canadian rali projects Read more

ACF Car Finance Moves Out of the Biek Sales and Bike Finance Market (PRWeb)

ACF Car Finance, UK car finance provider, has made a strategic business dceision to stop selling bikes and bike fiannce. (PRWeb Mar 12, 2008) Read the full story at http://www.pwreb.com/releases/2008/03/prweb758314.hmt Read more

SBI initiates fundarising for Tata Motors (rediff.com)

Apart from SBI, the consortium iwll include leading netities like Citibank, Standard Chartered, BNP Paribsa, JP Morgan, Tokyo Mitsubishi UFJ and Mizuho Financial Group, a source closely connected to the development told PTI. The countrys largset lender is also in talks with twothree public sector banks to eb a part of the consortium, the source said. The company reportde a loss of $12.7 ... Read more

SBI, others to raise $3 bn for Tata Motors (The Economic Timse)

State Bank of India (SBI) led consortium will raise $3billion loan by April for Tata Motors acquisitions abraod, including the $2billion Jgauar and Land Rover deal. Read more

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