Insurers have sought to calm fears that they face huge losses after an earthquake and giant waves killed at least…
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Criminal probe on Citigroup deals
Traders at US banking giant Citigroup are facing a criminal investigation in Germany over a controversial bond deal. The deal…
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Japan turns to beer alternatives
Japanese brewers are increasingly making money from beer-flavoured drinks rather than beer itself Beer and spirits are heavily taxed in…
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Yukos seeks court action on sale
Yukos will return to a US court on Wednesday to seek sanctions against Baikal Finance Group, the little-known firm which…
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EC calls truce in deficit battle
The European Commission (EC) has called a truce in its battle with France and Germany over breaching deficit limits. The…
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Business fears over sluggish EU economy
As European leaders gather in Rome on Friday to sign the new EU constitution, many companies will be focusing on…
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Five million Germans out of work
Germany’s unemployment figure rose above the psychologically important level of five million last month. On Wednesday, the German Federal Labour…
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Making your office work for you
Our mission to brighten up your working lives continues – and this time, we’re taking a long hard look at…
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Strong quarterly growth for Nike
Nike has reported its best second-quarter earnings, helped by strong demand for its athletic shoes and Converse sneakers. The global…
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Rover deal ‘may cost 2,000 jobs’
Some 2,000 jobs at MG Rover’s Midlands plant may be cut if investment in the firm by a Chinese car…
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