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Archive for October 5th, 2006

Card fraud

Fraudsters have managed to exploit a loophole in bank security to steal money from accounts without using any PIN number.
Its an obvious trick really. The theives steel two cards from the victim and empty the account using the second card as ID.
‘Card fraud in the UK overall has fallen from £505m in 2004 to £439.4m in […]

A cheque waiting for you?

Have you received thrilling news that you’ve won a “guaranteed” £10,000 prize? Did your great fortune come with a mini-catalogue telling you to spend a minimum of £25 on miracle slimming cures, elixirs and vitamins, and then your prize will be sent to you? If so, chuck it out now. The “prize draws” break just […]

Apple having problems with stock option

Apple Computer has found problems in the way stock options were granted, an internal investigation says. It says chief executive Steve Jobs knew of the way some of the options had been granted, though he did not benefit from them or realise the implications.
The findings led a former financial officer to resign from the board.
External […]

Eurozone rates increase

While UK interest rates remained on hold at 4.75% on Thursday, Interest rates across the eurozone have risen again by a quarter point to 3.25% as the European Central Bank (ECB) moves to keep inflation in check.
The ECB has vowed to remain “strongly vigilant” on price inflation but prices rose less than 2% annually […]

Ryan air try to buy Aer Lingus

Ryanair chief Michael O’Leary said the move was a “unique opportunity” to form a “strong” Irish airline.
If the bid is successful, the two companies would continue to operate separately and compete on the 17 routes which both use, he added.
Ryanair said it had bought a 16% stake in Aer Lingus and was offering 2.80 […]