Formula One spy case goes to appeal

Formula One spy case goes to appeal
Daily Telegraph – Formula One’s governing body, the FIA, has ordered a review of the decision not to punish McLaren for the ‘Ferrari-gate’ spying affair in its court of appeal. Accused: Nigel Stepney has denied passing on information to Ferrari’s F1 rivals McLaren

Wheel of misfortune: Lewis crashes into cash-flow crisis
The Independent – Hamilton, currently top of the F1 driver standings in his debut season, enjoyed a night out on the town on Friday. He and two chums visited Leicester Square’s Empire casino. Unfortunately, Hamilton’s new global megastar status was lost on some of the

F1 espionage row to go to appeal
BBC News – Formula One governing body the FIA has reopened the Ferrari spying controversy by sending the verdict not to punish McLaren to its court of appeal. FIA president Max Mosley said the move was because of “the importance of public confidence in the

German bank IKB’s individual rating downgraded to ‘C’; IDR affirmed
Forbes – Fitch affirmed the bank’s long-term issuer default rating (IDR) at ‘A+’ with a stable outlook and short-term IDR at ‘F1′ on its announcement that main shareholder KfW has provided liquidity support to safeguard confidence in IKB’s creditworthiness.

TEXT-Fitch release on Exxon Mobil Corporation
Reuters UK – July 31 – Fitch Ratings has affirmed the following Exxon Mobil Corporation (XOM.N: Quote , Profile , Research ) (ExxonMobil) ratings: –Issuer Default Rating (IDR) ‘AAA’; –Short-term IDR ‘F1+’; –Senior unsecured ‘AAA’; –Commercial paper ‘F1+’. The

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