The market, former British government minister Michael Heseltine once said, has no morality. And indeed, stock exchange traders around Asia…
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Call to save manufacturing jobs
The Trades Union Congress (TUC) is calling on the government to stem job losses in manufacturing firms by reviewing the…
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Industrial output falls in Japan
Japanese industrial output fell in October while unemployment rose, casting further doubt on the strength of the country’s economic recovery.…
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AstraZeneca hit by drug failure
Shares in Anglo-Swedish drug have closed down 8% in UK trade after the failure of its Iressa drug in a…
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Asia quake increases poverty risk
Nearly two million people across Asia could be thrown into poverty because of the Indian Ocean tsunami, the Asian Development…
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Takeover offer for Sunderland FC
Bob Murray, chairman of Sunderland FC, has launched a £1.5m ($2.8m) bid for the club after buying broadcaster BSkyB’s stake…
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Salary scandal in Cameroon
Cameroon says widespread corruption in its finance ministry has cost it 1bn CFA francs ($2m; £1m) a month. About 500…
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Strong demand triggers oil rally
Crude oil prices surged back above the $47 a barrel mark on Thursday after an energy market watchdog raised its…
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Aviation firms eye booming India
India’s defence minister has opened the country’s Aero India 2005 air show with an invitation for global aerospace firms to…
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Glaxo aims high after profit fall
GlaxoSmithKline saw its profits fall 9% last year to £6.2bn ($11.5bn), but Europe’s biggest drugmaker says a recovery during 2005…
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