Chinese online game operator Shanda Interactive Entertainment has bought a 20% stake in Sina, the country’s biggest internet portal firm.…
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GM in crunch talks on Fiat future
Fiat will meet car giant General Motors (GM) on Tuesday in an attempt to reach agreement over the future of…
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Millions go missing at China bank
Two senior officials at one of China’s top commercial banks have reportedly disappeared after funds worth up to $120m (£64m)…
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Khodorkovsky quits Yukos shares
Jailed tycoon Mikhail Khodorkovsky has transferred his controlling stake in oil giant Yukos to a business partner. Mr Khodorkovsky handed…
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Nigeria to boost cocoa production
The government of Nigeria is hoping to triple cocoa production over the next three years with the launch of an…
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Booming markets shed few tears
The market, former British government minister Michael Heseltine once said, has no morality. And indeed, stock exchange traders around Asia…
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Industrial output falls in Japan
Japanese industrial output fell in October while unemployment rose, casting further doubt on the strength of the country’s economic recovery.…
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AstraZeneca hit by drug failure
Shares in Anglo-Swedish drug have closed down 8% in UK trade after the failure of its Iressa drug in a…
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Takeover offer for Sunderland FC
Bob Murray, chairman of Sunderland FC, has launched a £1.5m ($2.8m) bid for the club after buying broadcaster BSkyB’s stake…
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Pernod takeover talk lifts Domecq
Shares in UK drinks and food firm Allied Domecq have risen on speculation that it could be the target of…
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