Thomas Atkins
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/ 1 April 2008

UBS in capital hike after huge loss

UBS AG doubled its writedowns from the subprime crisis, parted company with its chairperson and asked shareholders for more emergency capital on Tuesday in a second dramatic attempt to reverse its fortunes. The Swiss bank wrote down an additional -billion on United States real estate and related assets, causing a net loss of 12-billion Swiss francs.

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/ 6 July 2007

Cola king takes UN stage in green drive

E Neville Isdell has come a long way from delivery boy in apartheid South Africa to chief executive of The Coca-Cola Company , and now, champion of environmental protection. Isdell took the stage alongside United Nations Secretary General Ban Ki-moon this week, leading the call for companies to do more to protect the environment.