Manchester United’s board has agreed to give US tycoon Malcolm Glazer access to its books. Earlier this month, Mr Glazer…
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Laura Ashley chief stepping down
Laura Ashley is parting company with its chief executive Ainum Mohd-Saaid. The clothing and home furnishing retailer said Ms Mohd-Saaid…
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Could Yukos be a blessing in disguise?
Other things being equal, the notion of entrepreneurs languishing in jail while their companies are sold off for a song…
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Battered dollar hits another low
The dollar has fallen to a new record low against the euro after data fuelled fresh concerns about the US…
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Share boost for feud-hit Reliance
The board of Indian conglomerate Reliance has agreed a share buy-back, to counter the effects of a power struggle in…
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Lesotho textile workers lose jobs
Six foreign-owned textile factories have closed in Lesotho, leaving 6,650 garment workers jobless, union officers told the AP news agency.…
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‘Strong dollar’ call halts slide
The US dollar’s slide against the euro and yen has halted after US Treasury Secretary John Snow said a strong…
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US trade deficit widens sharply
The gap between US exports and imports has widened to more than $60bn (£31.7bn), an all-time record. Figures from the…
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MCI shares climb on takeover bid
Shares in US phone company MCI have risen on speculation that it is in takeover talks. The Wall Street Journal…
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GM pays $2bn to evade Fiat buyout
General Motors of the US is to pay Fiat 1.55bn euros ($2bn; £1.1bn) to get out of a deal which…
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