Russian oil firm Yukos has sued four companies for their role in last year’s forced state auction of its key…
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Ebbers ‘aware’ of WorldCom fraud
Former WorldCom boss Bernie Ebbers was directly involved in the $11bn financial fraud at the firm, his closest associate has…
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Boeing unveils new 777 aircraft
US aircraft firm Boeing has unveiled its new long-distance 777 plane, as it tries to regain its position as the…
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German business confidence slides
German business confidence fell in February knocking hopes of a speedy recovery in Europe’s largest economy. Munich-based research institute Ifo…
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Telegraph newspapers axe 90 jobs
The Daily and Sunday Telegraph newspapers are axing 90 journalist jobs – 17% of their editorial staff. The Telegraph Group…
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Bank set to leave rates on hold
UK interest rates are set to remain on hold at 4.75% following the latest meeting of the Bank of England.…
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‘Golden economic period’ to end
Ten years of “golden” economic performance may come to an end in 2005 with growth slowing markedly, City consultancy Deloitte…
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Budget Aston takes on Porsche
British car maker Aston Martin has gone head-to-head with Porsche’s 911 sports cars with the launch of its cheapest model…
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House prices show slight increase
Prices of homes in the UK rose a seasonally adjusted 0.5% in February, says the Nationwide building society. The figure…
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Home loan approvals rising again
The number of mortgages approved in the UK has risen for the first time since May last year, according to…
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