Way clear for Amex, Nasdaq to link up

Article Abstract:

Members of the third largest stock exchange Amex voted by 622 to 206 to merge with second biggest stock exchange Nasdaq. Together they will have a joint US 47% equity market share. With the Philadelphia Stock Exchange also included in the deal, this percentage rises to 50%. In a separate arrangement, the Spanish and French derivatives exchanges Monep, Meff and Matif are to co-operate and set up a partnership called Euro Globex. However, Liffe, the UK exchange, has stated it does not intend to link up with any other exchange.

Comment:

Spain: Spanish & French derivatives exchanges Monep, Meff & Matif are to co-operate & set up partnership called Euro Globex

Miscellaneous Intermediation, Spain, Exchanges ex Securities & Commodities, Exchanges, Commodity exchanges

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Go fuels low-cost air travel war with expansion plan

Article Abstract:

The low-cost airline Go, which was launched by British Airways early in 1998, has announced that it is planning an expansion. The company plans include increasing the workforce by some 50% as well as expanding the flight routes so as to become more competitive with rivals EasyJet, Debonair and Ryanair. There is some speculation that Go may begin making more flights to Italy, as well as introducing new routes to Germany and Scandinavia.

Comment:

Plans to include rise of workforce by some 50% & expanding the flight routes so as to become more competitive

United Kingdom, Labor force information, Scheduled Passenger Air Transportation, Local Air Service, Regional airlines, Go

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EUROPE: MARCONI EXTENDS FIBRE OPTIC NETWORK

Article Abstract:

Marconi, the UK-based telecoms equipment manufacturer, plans an extension of its fibre optic network from the UK to the Netherlands, France and Germany with the acquisition of capacity for an unpublicised sum from Viatel, the US-based telecoms company.

New capacity, new plant construction, Netherlands, Germany, Other Communications Equipment Manufacturing, Fiber Optics Systems & Equip, Communications equipment, not elsewhere classified, Fiber optic networks, Buildings and facilities, Fiber optics industry, Marconi

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