Heineken and Carlsberg, two of the world’s largest brewers, have reported falling profits after beer sales in western Europe fell…
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Huge rush for Jet Airways shares
Indian airline Jet Airways’ initial public offering was oversubscribed 16.2 times, bankers said on Friday. Over 85% of the bids…
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Weak data buffets French economy
A batch of downbeat government data has cast doubt over the French economy’s future prospects. Official figures showed on Friday…
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Dollar hits new low versus euro
The US dollar has continued its record-breaking slide and has tumbled to a new low against the euro. Investors are…
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Quiksilver moves for Rossignol
Shares of Skis Rossignol, the world’s largest ski-maker, have jumped as much as 15% on speculation that it will be…
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Crude oil prices back above $50
Cold weather across parts of the United States and much of Europe has pushed US crude oil prices above $50…
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Ask Jeeves tips online ad revival
Ask Jeeves has become the third leading online search firm this week to thank a revival in internet advertising for…
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Mixed reaction to Man Utd offer
Shares in Manchester United were up over 5% by noon on Monday following a new offer from Malcolm Glazer. The…
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Parmalat founder offers apology
The founder and former boss of Parmalat has apologised to investors who lost money as a result of the Italian…
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US budget deficit to reach $368bn
The US budget deficit is set to hit a worse-than-expected $368bn (£197bn) this year, officials said on Tuesday. The cost…
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