India’s biggest oil exploration firm, Oil & Natural Gas Corp (ONGC), says it is in talks to buy the former…
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World leaders gather to face uncertainty
More than 2,000 business and political leaders from around the globe are arriving in the Swiss mountain resort Davos for…
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Indonesia ‘declines debt freeze’
Indonesia no longer needs the debt freeze offered by the Paris Club group of creditors, Economics Minister Aburizal Bakrie has…
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Businesses fail to plan for HIV
Companies fail to draw up plans to cope with HIV/Aids until it affects 20% of people in a country, new…
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Record year for Chilean copper
Chile’s copper industry has registered record earnings of $14.2bn in 2004, the governmental Chilean Copper Commission (Cochilco) has reported. Strong…
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Tsunami slows Sri Lanka’s growth
Sri Lanka’s president has launched a reconstruction drive worth $3.5bn (£1.8bn) by appealing for peace and national unity. President Kumaratunga…
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Venezuela reviews foreign deals
Venezuela is to review all foreign investment in its mining industries in an effort to strengthen its indigenous industrial output.…
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Trade gap narrows as exports rise
The UK’s trade gap narrowed in November, helped by a 7.5% rise in exports outside the European Union. According to…
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Cash gives way to flexible friend
Spending on credit and debit cards has overtaken cash spending in the UK for the first time. The moment that…
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Brazil jobless rate hits new low
Brazil’s unemployment rate fell to its lowest level in three years in December, according to the government. The Brazilian Institute…
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