Fidel Castro’s decision to ban all cash transactions in US dollars in Cuba has once more turned the spotlight on…
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Weak end-of-year sales hit Next
Next has said its annual profit will be £5m lower than previously expected because its end-of-year clearance sale has proved…
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Sluggish economy hits German jobs
The number of people out of work in Europe’s largest economy has risen for the tenth straight month as growth…
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Giant waves damage S Asia economy
Governments, aid agencies, insurers and travel firms are among those counting the cost of the massive earthquake and waves that…
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UK young top Euro earnings league
British children enjoy the highest average annual income in Europe – more than double that of Spanish or Italian youngsters,…
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French suitor holds LSE meeting
European stock market Euronext has met with the London Stock Exchange (LSE) amid speculation that it may be ready to…
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India-Pakistan peace boosts trade
Calmer relations between India and Pakistan are paying economic dividends, with new figures showing bilateral trade up threefold in the…
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US gives foreign firms extra time
Foreign firms have been given an extra year to meet tough new corporate governance regulations imposed by the US stock…
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Nortel in $300m profit revision
Telecoms equipment maker Nortel Networks has sharply revised downwards its profits for the 2003 fiscal year. In a long-awaited filing,…
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Turkey knocks six zeros off lira
Turkey is to relaunch its currency on Saturday, knocking six zeros off the lira in the hope of boosting trade…
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