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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US Airways staff agree to pay cut
A union representing 5,200 flight attendants at bankrupt US Airways have agreed to a new contract that cuts pay by…
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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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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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