India has signed a $40bn (£21bn) deal to import millions of tonnes of liquefied natural gas from Iran. Firms led…
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EU ‘too slow’ on economic reforms
Most EU countries have failed to put in place policies aimed at making Europe the world’s most competitive economy by…
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Axa Sun Life cuts bonus payments
Life insurer Axa Sun Life has lowered annual bonus payouts for up to 50,000 with-profits investors. Regular annual bonus rates…
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Further rise in UK jobless total
The UK’s jobless total rose for the second month in a row in December, official figures show. The number of…
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High fuel costs hit US airlines
Two of the largest airlines in the US – American and Southwest – have blamed record fuel prices for their…
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Banker loses sexism claim
A former executive at the London offices of Merrill Lynch has lost her £7.5m ($14.6m) sex discrimination case against the…
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WorldCom director admits lying
The former chief financial officer at US telecoms firm WorldCom has admitted before a New York court that he used…
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Call to overhaul UK state pension
The UK pension system has been branded inadequate and too complex by a leading retirement think-tank. The Pensions Policy Institute…
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Barclays profits hit record level
Barclays, the UK’s third-biggest bank, has seen annual pre-tax profits climb to record levels boosted by a sharp rise in…
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India opens skies to competition
India will allow domestic commercial airlines to fly long haul international routes, a move it hopes will stoke competition and…
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