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USA UK and Malta News
25/09/2008 - 20:22

UK Today Editoweb 25 septembre 2008

Northwest shareholders OK merger with Delta Air Lines - FTSE ends up 2 pct on bailout hopes - OFT presses ahead with probe of Lloyds' HBOS bid.



Northwest shareholders OK merger with Delta Air Lines

Northwest Airlines shareholders on Thursday voted overwhelmingly for a planned merger with Delta Air Lines, which would create one of the world's biggest global carriers.

FTSE ends up 2 pct on bailout hopes

The leading share index ended up 2 percent on Thursday, snapping a three-day losing run, as financials rallied on hopes that a $700 billion (377 billion pound) U.S. bailout package would be approved by lawmakers soon.

OFT presses ahead with probe of Lloyds' HBOS bid

The Office of Fair Trading (OFT) said on Wednesday that it will publish a report on Lloyds TSB's proposed takeover of its domestic rival HBOS by October 24.

EADS announces delay in first flight of A400M military plane

European aerospace group EADS said Thursday the first flight of its A400M military transporter, planned for the end of the year, is now postponed to an indefinite date.

US lawmakers agree fundamentals of rescue deal

US lawmakers said Thursday they had agreed on the fundamentals of a multi-billion dollar historic deal to rescue Wall Street and shore up the world's biggest economy.

News from Yahoo News

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