Australian mining firm WMC Resources has seen a fivefold rise in profits while continuing to be the target of a…
Read More
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…
Read More
SA unveils ‘more for all’ budget
The South African government has put tax cuts and increased social spending at the centre of its latest budget. Aiming…
Read More
Circuit City gets takeover offer
Circuit City Stores, the second-largest electronics retailer in the US, has received a $3.25bn (£1.7bn) takeover offer. The bid has…
Read More
Turkey-Iran mobile deal ‘at risk’
Turkey’s investment in Iran’s mobile industry looks set to be scrapped after its biggest mobile firm saw its investment there…
Read More
DaimlerChrysler’s 2004 sales rise
US-German carmaker DaimlerChrysler has sold 2.1% more cars in 2004 than in the previous year, as solid Chrysler sales offset…
Read More
Weak dollar trims Cadbury profits
The world’s biggest confectionery firm, Cadbury Schweppes, has reported a modest rise in profits after the weak dollar took a…
Read More
WorldCom bosses’ $54m payout
Ten former directors at WorldCom have agreed to pay $54m (£28.85m), including $18m from their own pockets, to settle a…
Read More
Brazil plays down Varig rescue
The Brazilian government has played down claims that it could step in to save the country’s biggest airline. Brazil’s airport…
Read More
Brazil approves bankruptcy reform
A major reform of Brazil’s bankruptcy laws has been approved by the country’s Congress, in a move which it is…
Read More
