Nov 18 2010

Irish Central Banker Sees Rescue Loan

Julien Behal/PAMPC PA, via Associated Press Ireland’s central bank governor, Patrick Honohan, entering the Irish Parliament in Dublin on Nov. 10. The question on everybody’s mind has been answered, as Patrick Honohan, head of the Irish central bank, told the Irish national broadcaster RTE on Thursday that he expected the country would be offered billions [...]


Jul 23 2010

U.K. Media Tycoon Said Close to Deal for Channel 5

Richard Desmond, the British newspaper baron, has shaken hands early Friday morning on a £100 million ($154 million) deal to buy struggling U.K. national broadcaster, Channel Five, from owner RTL, The Guardian reported. The deal still has to be formally accepted by the board of RTL’s parent company, Bertelsmann. However, The Guardian said the deal [...]