WHAT THE OTHER PAPERS SAY THIS MORNING July 8, 2009 FINANCIAL TIMES ARCELORMITTAL ATTEMPTS TO EASE DEBT BURDENArcelorMittal has started talks with its banks about making conditions for re-paying its $26bn (£16.2bn) of debt less onerous, in a bid to reduce financial pressure on the company as the global downturn continues. The world’s biggest steelmaker has taken this step as an insurance policy against its [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 8, 2009 FINANCIAL TIMES ARCELORMITTAL ATTEMPTS TO EASE DEBT BURDENArcelorMittal has started talks with its banks about making conditions for re-paying its $26bn (£16.2bn) of debt less onerous, in a bid to reduce financial pressure on the company as the global downturn continues. The world’s biggest steelmaker has taken this step as an insurance policy against its [...]
City workers get creative with life drawing twenty-seven storeys up July 14, 2008 Timothy Barber joins Citigroup employees indulging their artistic sides It’s easy to forget the noise and melee of Canary Wharf’s evening rush hour when you’re standing in the light filled open space of the 27th floor of Citgroup’s headquarters. Down below, thousands of tired workers are flooding from their offices into the tube and DLR [...]
Doing business out of the Third World November 1, 2005 Salman Rahman had to fight corruption, nationalisation and a cripplingly poor infrastructure as he established Beximco in his native Bangladesh. What do you do if you want a fax machine for your office? You get 113 signatures from various government departments, and permission from the security service. Sound absurd? That’s how it was in Bangladesh [...]