Marks & Spencer has cut prices in London and the regions by an average of 24%, according to research from…
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Tsunami ‘to hit Sri Lanka banks’
Sri Lanka’s banks face hard times following December’s tsunami disaster, officials have warned. The Sri Lanka Banks Association said the…
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Small firms ‘hit by rising costs’
Rising fuel and materials costs are hitting confidence among the UK’s small manufacturers despite a rise in output, business lobby…
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S Korean credit card firm rescued
South Korea’s largest credit card firm has averted liquidation following a one trillion won ($960m; £499m) bail-out. LG Card had…
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S Korean lender faces liquidation
Creditors of South Korea’s top credit card firm have said they will put the company into liquidation if its ex-parent…
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$1m payoff for former Shell boss
Shell is to pay $1m (£522,000) to the ex-finance chief who stepped down from her post in April 2004 after…
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US bank boss hails ‘genius’ Smith
US Federal Reserve chairman Alan Greenspan has given a speech at a Scottish church in honour of the pioneering economist,…
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Mixed signals from French economy
The French economy picked up speed at the end of 2004, official figures show – but still looks set to…
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UK firm faces Venezuelan land row
Venezuelan authorities have said they will seize land owned by a British company as part of President Chavez’s agrarian reform…
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Yukos heading back to US courts
Russian oil and gas company Yukos is due in a US court on Thursday as it continues to fight for…
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