The nuclear unit of Russian energy giant Gazprom is reportedly facing a 1bn rouble ($35.7m; £19.1m) back-tax claim for the…
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Turkey knocks six zeros off lira
Turkey is to relaunch its currency on Saturday, knocking six zeros off the lira in the hope of boosting trade…
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Card fraudsters ‘targeting web’
New safeguards on credit and debit card payments in shops has led fraudsters to focus on internet and phone payments,…
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Trial begins of Spain’s top banker
The trial of Emilio Botin, the chairman of Spain’s most powerful bank, Santander Central Hispano, has started in Madrid. Mr…
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India calls for fair trade rules
India, which attends the G7 meeting of seven leading industrialised nations on Friday, is unlikely to be cowed by its…
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Profits slide at India’s Dr Reddy
Profits at Indian drugmaker Dr Reddy’s fell 93% as research costs rose and sales flagged. The firm said its profits…
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Kraft cuts snack ads for children
Kraft plans to cut back on advertising of products like Oreo cookies and sugary Kool-Aid drinks as part of an…
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Green reports shun supply chain
Nearly 20% more UK top 250 firms produced non-financial reports on social and environment issues than last year. But of…
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Dollar gains on Greenspan speech
The dollar has hit its highest level against the euro in almost three months after the Federal Reserve head said…
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Israeli economy picking up pace
Israel’s economy is forecast to grow by 4.2% in 2004 as it continues to emerge from a three-year recession. The…
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