Australian airline Qantas could transfer as many as 7,000 jobs out of its home country as it seeks to save…
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Brazil buy boosts Belgium’s Inbev
Belgian brewing giant Inbev has seen its profits soar thanks to its acquisition of Brazil’s biggest beer firm Ambev last…
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Parmalat sues 45 banks over crash
Parmalat has sued 45 banks as it tries to reclaim money paid to banks before the scandal-hit Italian dairy company…
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Dutch bank to lay off 2,850 staff
ABN Amro, the Netherlands’ largest bank, is to cut 2,850 jobs as a result of falling profits. The cuts –…
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Bank opts to leave rates on hold
The Bank of England has left interest rates on hold at 4.75% for a sixth month in a row. The…
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Macy’s owner buys rival for $11bn
US retail giant Federated Department Stores is to buy rival May Department Stores for $11bn (£5.7bn). The deal will bring…
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Khodorkovsky ally denies charges
A close associate of former Yukos boss Mikhail Khodorkovsky has told a court that fraud charges levelled against him are…
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‘Standoff’ on Deutsche’s LSE bid
Deutsche Boerse investors unhappy with its London Stock Exchange bid will have no chance to throw out the exchange’s management…
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WorldCom trial starts in New York
The trial of Bernie Ebbers, former chief executive of bankrupt US phone company WorldCom, has started in New York with…
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Bank voted 8-1 for no rate change
The decision to keep interest rates on hold at 4.75% earlier this month was passed 8-1 by the Bank of…
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