The Bank of England has left interest rates on hold at 4.75% for a sixth month in a row. The…
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Dollar drops on reserves concerns
The US dollar has dropped against major currencies on concerns that central banks may cut the amount of dollars they…
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Macy’s owner buys rival for $11bn
US retail giant Federated Department Stores is to buy rival May Department Stores for $11bn (£5.7bn). The deal will bring…
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Beijingers fume over parking fees
Choking traffic jams in Beijing are prompting officials to look at reorganising car parking charges. Car ownership has risen fast…
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Khodorkovsky ally denies charges
A close associate of former Yukos boss Mikhail Khodorkovsky has told a court that fraud charges levelled against him are…
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Nasdaq planning $100m-share sale
The owner of the technology-dominated Nasdaq stock index plans to sell shares to the public and list itself on the…
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Tsunami to cost Sri Lanka $1.3bn
Sri Lanka faces a $1.3bn (£691m) bill in 2005 for reconstruction after the tsunami which killed more than 30,000 of…
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‘Standoff’ on Deutsche’s LSE bid
Deutsche Boerse investors unhappy with its London Stock Exchange bid will have no chance to throw out the exchange’s management…
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Iraq and Afghanistan in WTO talks
The World Trade Organisation (WTO) is to hold membership talks with both Iraq and Afghanistan. But Iran’s bid to join…
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US economy still growing says Fed
Most areas of the US saw their economy continue to expand in December and early January, the US Federal Reserve…
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