Italy’s Illva Saronno has agreed to buy 33% of Changyu, the largest wine maker in China. Changyu said in a…
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Firms pump billions into pensions
Employers have spent billions of pounds propping up their final salary pensions over the past year, research suggests. A survey…
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Lufthansa may sue over Bush visit
German airline Lufthansa may sue federal agencies for damages after the arrival of US president George W Bush disrupted flights.…
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Enron bosses in $168m payout
Eighteen former Enron directors have agreed a $168m (£89m) settlement deal in a shareholder lawsuit over the collapse of the…
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Man Utd to open books to Glazer
Manchester United’s board has agreed to give US tycoon Malcolm Glazer access to its books. Earlier this month, Mr Glazer…
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Laura Ashley chief stepping down
Laura Ashley is parting company with its chief executive Ainum Mohd-Saaid. The clothing and home furnishing retailer said Ms Mohd-Saaid…
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Could Yukos be a blessing in disguise?
Other things being equal, the notion of entrepreneurs languishing in jail while their companies are sold off for a song…
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Battered dollar hits another low
The dollar has fallen to a new record low against the euro after data fuelled fresh concerns about the US…
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Share boost for feud-hit Reliance
The board of Indian conglomerate Reliance has agreed a share buy-back, to counter the effects of a power struggle in…
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Bank payout to Pinochet victims
A US bank has said it will donate more than $8m to victims of former Chilean military ruler Augusto Pinochet’s…
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