Half of the money put aside by the Colombian government to help the country’s poor is benefiting people who do…
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Japanese mogul arrested for fraud
One of Japan’s best-known businessmen was arrested on Thursday on charges of falsifying shareholder information and selling shares based on…
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China had role in Yukos split-up
China lent Russia $6bn (£3.2bn) to help the Russian government renationalise the key Yuganskneftegas unit of oil group Yukos, it…
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FAO warns on impact of subsidies
Billions of farmers’ livelihoods are at risk from falling commodity prices and protectionism, the UN’s Food & Agriculture Organisation has…
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Japan economy slides to recession
The Japanese economy has officially gone back into recession for the fourth time in a decade. Gross domestic product fell…
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Oil rebounds from weather effect
Oil prices recovered in Asian trade on Tuesday, after falling in New York on milder winter weather across the US.…
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Euro firms miss out on optimism
More than 90% of large companies around the world are highly optimistic about their economic prospects, a survey of 1,300…
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Bargain calls widen Softbank loss
Japanese communications firm Softbank has widened losses after heavy spending on a new cut-rate phone service. The service, launched in…
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Winn-Dixie files for bankruptcy
US supermarket group Winn-Dixie has filed for bankruptcy protection after succumbing to stiff competition in a market dominated by Wal-Mart.…
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Rank ‘set to sell off film unit’
Leisure group Rank could unveil plans to demerge its film services unit and sell its media business, reports claim. Rank,…
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