Latin America’s economy grew by 5.5% in 2004, its best performance since 1980, while exports registered their best performance in…
Read More
Shares rise on new Man Utd offer
Shares in Manchester United closed up 4.75% on Monday following a new offer from US tycoon Malcolm Glazer. The board…
Read More
Weak dollar trims Cadbury profits
The world’s biggest confectionery firm, Cadbury Schweppes, has reported a modest rise in profits after the weak dollar took a…
Read More
WorldCom bosses’ $54m payout
Ten former directors at WorldCom have agreed to pay $54m (£28.85m), including $18m from their own pockets, to settle a…
Read More
Brazil plays down Varig rescue
The Brazilian government has played down claims that it could step in to save the country’s biggest airline. Brazil’s airport…
Read More
High fuel costs hit US airlines
Two of the largest airlines in the US – American and Southwest – have blamed record fuel prices for their…
Read More
WorldCom director admits lying
The former chief financial officer at US telecoms firm WorldCom has admitted before a New York court that he used…
Read More
Barclays profits hit record level
Barclays, the UK’s third-biggest bank, has seen annual pre-tax profits climb to record levels boosted by a sharp rise in…
Read More
Business confidence dips in Japan
Business confidence among Japanese manufacturers has weakened for the first time since March 2003, the quarterly Tankan survey has found.…
Read More
Verizon ‘seals takeover of MCI’
Verizon has won a takeover battle for US phone firm MCI with a bid worth $6.8bn (£3.6bn), reports say. The…
Read More
