German investment bank Deutsche Bank has challenged the right of Yukos to claim bankruptcy protection in the US. In a…
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Ukraine trims privatisation check
Ukraine is to review “dozens” of state asset sales as the country’s new administration tackles corruption. The figure announced by…
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GM issues 2005 profits warning
General Motors has warned that it expects earnings this year be lower than in 2004. The world’s biggest car maker…
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JP Morgan admits US slavery links
Thousands of slaves were accepted as collateral for loans by two banks that later became part of JP Morgan Chase.…
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HealthSouth ex-boss goes on trial
The former head of US medical services firm HealthSouth overstated earnings and assets to boost the company’s share price, it…
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LSE ‘sets date for takeover deal’
The London Stock Exchange (LSE) is planning to announce a preferred takeover by the end of the month, newspaper reports…
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Minister hits out at Yukos sale
Russia’s renationalisation of its energy industry needs to be reversed, a senior government figure has warned. Economy minister German Gref…
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Ex-Boeing director gets jail term
An ex-chief financial officer at Boeing has received a four-month jail sentence and a fine of $250,000 (£131,961) for illegally…
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Malaysia lifts Islamic bank limit
Malaysia’s central bank is to relax restrictions on foreign ownership to encourage Islamic banking. Banks in Malaysia will now be…
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UK economy facing ‘major risks’
The UK manufacturing sector will continue to face “serious challenges” over the next two years, the British Chamber of Commerce…
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