IN BRIEF (Page 16)
China Daily | Updated: 2008-10-31 08:08
UK firms get loans
The European Investment Bank will lend 4 billion pounds to UK companies struggling to borrow from commercial banks because of the credit crunch, the British Treasury said. The move is part of a European Union-wide plan announced last month to increase EIB loans to small businesses by 50 percent on last year's level. Businesses will be able to tap into the money through banks.
Mitsubishi lowers forecast
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