HBOS Rights Issue Will Be `Disastrous,' Sunday Times Reports (Bloomberg.com)

July 20 (Bloomberg) -- As few as 10 percent of investors bought stock in HBOS Plc's rights offering, expected to be one of the most ``disastrous'' in corporate history, the Sunday Times reported today without citing anyone.

London has world's costliest parking (Moldova.org)

Bring plenty of sterling if you plan to drive your car into central London -- a survey indicates it's the most expensive place in the world to park.Commercial real estate firm Colliers International says its survey has found that parking in the financial heart of the City of London averages $1,167 per month and $68 per day, both deemed the highest in the world, the Financial Times reported ...

Britons now find gold tangible investment in crunch times (New Kerala)

London, July 20 : If Britons still have some money left after the credit crunch, they are investing it in the good old yellow metal - just like Indians. Gold has replaced the traditional British investments like property, stocks, shares and expensive cars.

HSBC in talks to get China sovereign-fund investment: report (Market Watch)

LONDON (MarketWatch) -- HSBC Holdings PLC (HSBA.LN) has held talks with China's main sovereign investment fund over a potential investment in the U.K. bank, the Sunday Telegraph reported. HSBC Chairman Stephen Green "is understood to have met officials from the China Investment Corp. several times in recent months," it said. The discussions are thought to have included the possibility of CIC ...