Investors who lost money following the split-capital investment trust scandal are to receive £194m compensation, the UK’s financial watchdog has…
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US trade gap hits record in 2004
The gap between US exports and imports hit an all-time high of $671.7bn (£484bn) in 2004, latest figures show. The…
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MCI shareholder sues to stop bid
A shareholder in US phone firm MCI has taken legal action to halt a $6.75bn (£3.6bn) buyout by telecoms giant…
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Standard Life concern at LSE bid
Standard Life is the latest shareholder in Deutsche Boerse to express concern at the German stock market operator’s plans to…
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Markets fall on weak dollar fears
Rising oil prices and the sinking dollar hit shares on Monday after a finance ministers’ meeting and stern words from…
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Standard Life cuts policy bonuses
Standard Life, Europe’s largest mutual life insurer, has cut bonuses for with-profit policyholders. Annual bonus rates on its with-profits life…
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Takeover rumour lifts Exel shares
Shares in storage and delivery firm Exel closed up 9% at a two-and-a-half year high on Tuesday on speculation it…
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Consumer spending lifts US growth
US economic growth accelerated in the third quarter, helped by strong consumer spending, official figures have shown. The economy expanded…
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Dollar drops on reserves concerns
The US dollar has dropped against major currencies on concerns that central banks may cut the amount of dollars they…
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Nasdaq planning $100m-share sale
The owner of the technology-dominated Nasdaq stock index plans to sell shares to the public and list itself on the…
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