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| December 20, 2007 | Thursday | Zilhaj 9, 1428 |
Company news
KARACHI, Dec 19: The Deutshe Bank on Wednesday announced that it has received one of the highest industry accolades in Asia, being named ‘Bank of the Year’ 2007 by International Financing Review Asia (IFR Asia).
This is the second time in three years that the Deutshe Bank Asia Pacific has been awarded IFR Asia’s Bank of the Year in its annual review, having won the award in 2005, says a press release.
PARIS, Dec 19: The European aerospace group EADS on Wednesday named three companies, MT Aerospace of Germany, Latecoere of France and Britain’s GKN, to take over six plants it is to divest under a restructuring plan at its Airbus unit.
The European Aeronautic Defence and Space Company and its aircraft manufacturing unit Airbus said in a statement that MT Aerospace would take over three of its German sites, Latecoere would take two in France and GKN one in Britain.
They said the companies had been chosen as “preferred partners” with whom they would “begin negotiations ... aimed at reaching a final accord as soon as possible.”—AFP
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