We have always maintained that what will get exports of Chinese cars in high gear is not Chinese cars, but foreign cars. Foreign cars, made by joint ventures in China. Nevertheless, I admit my high surprise to read, from China Daily to Chinacartimes, that BMW will export Made in China cars. And not their bread and...
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Tag Archives: business loans
AMP Capital opens office in the GCC
AMP Capital, one of Australia’s leading specialist investment managers, today officially opened its new office in Manama, Bahrain under the patronage of H.E. Rasheed Mohammed Al Maraj, Governor, Central Bank of Bahrain. This follows AMP Capital being awarded a representative office license by the Central Bank of Bahrain earlier this year. AMP...
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Virgin Money eyes early float after Northern Rock takeover
THE new high street bank formed by Virgin Money’s £747m takeover of Northern Rock could list on the stock market within two years, according to reports. The flotation of the bank would reportedly release a payment of between £50m and £80m to the Government and deliver lucrative rewards for Sir...
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CT Developers Ltd. Announces Completion of Initial Public Offering
T Developers Ltd. (TSX VENTURE:DEV.P)(“CT” or the “Corporation”), a capital pool corporation, is pleased to announce it has completed its initial public offering of 3,000,000 common shares (the “Common Shares”) at the price of $0.20 per Common Share for aggregate gross proceeds of $600,000 pursuant to its prospectus dated September...
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Virgin Money to buy Northern Rock
Sir Richard Branson’s Virgin Money is to buy nationalised lender Northern Rock in a £747 million deal, the Treasury has announced. The takeover of the Newcastle-based bank, which was taken into public ownership in February 2008, is expected to be completed by the end of this year. The Government will...
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