Shares in Cairn Energy rose 3.8% to 1,088 pence on Tuesday after the UK firm announced a fresh gas discovery…
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UK bank seals South Korean deal
UK-based bank Standard Chartered said it would spend $3.3bn (£1.8bn) to buy one of South Korea’s main retail banks. Standard…
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US bank in $515m SEC settlement
Five Bank of America subsidiaries have agreed to pay a total of $515m (£277m) to settle an investigation into fraudulent…
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Unilever shake up as profit slips
Anglo-Dutch consumer goods giant Unilever is to merge its two management boards after reporting “unsatisfactory” earnings for 2004. It blamed…
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Japan’s ageing workforce: built to last
In his twenties he battled tuberculosis for eight years, then went on to run his own clothing business before marrying…
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Umbro profits lifted by Euro 2004
UK sportswear firm Umbro has posted a 222% rise in annual profit after sales of replica England football kits were…
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Parmalat bank barred from suing
Bank of America has been banned from suing Parmalat, the food group which went bust in 2003 after an accounting…
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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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Latin America sees strong growth
Latin America’s economy grew by 5.5% in 2004, its best performance since 1980, while exports registered their best performance in…
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Shares rise on new Man Utd offer
Shares in Manchester United closed up 4.75% on Monday following a new offer from US tycoon Malcolm Glazer. The board…
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