Sri Lanka faces a $1.3bn (£691m) bill in 2005 for reconstruction after the tsunami which killed more than 30,000 of…
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Electrolux to export Europe jobs
Electrolux saw its shares rise 14% on Tuesday after it said it would be shifting more of its manufacturing to…
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China keeps tight rein on credit
China’s efforts to stop the economy from overheating by clamping down on credit will continue into 2005, state media report.…
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High fuel prices hit BA’s profits
British Airways has blamed high fuel prices for a 40% drop in profits. Reporting its results for the three months…
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US insurer Marsh cuts 2,500 jobs
Up to 2,500 jobs are to go at US insurance broker Marsh & McLennan in a shake up following bigger-than-expected…
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Deutsche Boerse set to ‘woo’ LSE
Bosses of Deutsche Boerse and the London Stock Exchange are to meet amid talk that a takeover bid for the…
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Cactus diet deal for Phytopharm
A slimming aid made from a southern African cactus is set to be developed by UK firm Phytopharm and Unilever.…
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US data sparks inflation worries
Wholesale prices in the US rose at the fastest rate in more than six years in January, according to government…
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Egypt to sell off state-owned bank
The Egyptian government is reportedly planning to privatise one of the country’s big public banks. An Investment Ministry official has…
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France Telecom gets Orange boost
Strong growth in subscriptions to mobile phone network Orange has helped boost profits at owner France Telecom. Orange added more…
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