German business confidence fell in February knocking hopes of a speedy recovery in Europe’s largest economy. Munich-based research institute Ifo…
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European losses hit GM’s profits
General Motors (GM) saw its net profits fall 37% in the last quarter of 2004, as it continued to be…
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Telegraph newspapers axe 90 jobs
The Daily and Sunday Telegraph newspapers are axing 90 journalist jobs – 17% of their editorial staff. The Telegraph Group…
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G7 backs Africa debt relief plan
G7 finance ministers have backed plans to write off up to 100% of the debts of some of the world’s…
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Bank set to leave rates on hold
UK interest rates are set to remain on hold at 4.75% following the latest meeting of the Bank of England.…
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LSE doubts boost bidders’ shares
Shares in Deutsche Boerse have risen more than 3% after a shareholder fund voiced opposition to the firm’s planned takeover…
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Fiat mulls Ferrari market listing
Ferrari could be listed on the stock market as part of an overhaul of Fiat’s carmaking operations, the Financial Times…
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‘Golden economic period’ to end
Ten years of “golden” economic performance may come to an end in 2005 with growth slowing markedly, City consultancy Deloitte…
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Budget Aston takes on Porsche
British car maker Aston Martin has gone head-to-head with Porsche’s 911 sports cars with the launch of its cheapest model…
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House prices show slight increase
Prices of homes in the UK rose a seasonally adjusted 0.5% in February, says the Nationwide building society. The figure…
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