News Corp, the media company controlled by Australian billionaire Rupert Murdoch, is eyeing a move into the video games market.…
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Stock market eyes Japan recovery
Japanese shares have ended the year at their highest level since 13 July amidst hopes of an economic recovery during…
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Diageo to buy US wine firm
Diageo, the world’s biggest spirits company, has agreed to buy Californian wine company Chalone for $260m (£134m) in an all-cash…
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French consumer spending rising
French consumers increased their spending by 1.5% in January, a figure which bodes well for the country’s economic growth, figures…
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Alfa Romeos ‘to get GM engines’
Fiat is to stop making six-cylinder petrol engines for its sporty Alfa Romeo subsidiary, unions at the Italian carmaker have…
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Qantas sees profits fly to record
Australian airline Qantas has posted a record fiscal first-half profit thanks to cost-cutting measures. Net profit in the six months…
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Russian oil merger excludes Yukos
The merger of Russian gas giant Gazprom and oil firm Rosneft is to go ahead, but will not include Yugansk,…
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Yukos owner sues Russia for $28bn
The majority owner of embattled Russian oil firm Yukos has sued the Russian government for $28.3bn (£15.2bn). The Kremlin last…
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Jobs go at Oracle after takeover
Oracle has announced it is cutting about 5,000 jobs following the completion of its $10.3bn takeover of its smaller rival…
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China’s Shanda buys stake in Sina
Chinese online game operator Shanda Interactive Entertainment has bought a 20% stake in Sina, the country’s biggest internet portal firm.…
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