UK News Digest The Times, Observer, Telegraph, Guardian
According to The Times HSH Nordbank of Germany will sue UBS (NYSE: UBS) to recover up to 500 million pound which it lost on subprime instruments sold to it by the Swiss bank. The Times reports that Anheuer-Busch (NYSE: BUD)…
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According to The Times HSH Nordbank of Germany will sue UBS (NYSE: UBS) to recover up to 500 million pound which it lost on subprime instruments sold to it by the Swiss bank.
The Times reports that Anheuer-Busch (NYSE: BUD) launch a last-ditchoffer for Scottish & Newcastle, Britain’s biggest brewer.
The Times writes that WPP will announce numbers for 2007 that are higher than forecast and pledge that the big advertsing holding company will grow at the same pace in 2008.
The Telegraph writes that The Qatar Investment Authority may invest in the UK’s large RBS (RBS) bank.
The Observer writes that the weakening housing market in come of the EU’s largest markets could start to hit the banking industy’s numbers in those countries.
Douglas A. McIntyre
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Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.
McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.
His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.
A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.
TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.
McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.
