Germany’s economy, the biggest among the 12 countries sharing the euro, grew at its fastest rate in four years during…
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Wall Street cool to eBay’s profit
Shares in online auction house eBay fell 9.8% in after-hours trade on Wednesday, after its quarterly profits failed to meet…
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Worldcom director ends evidence
The former chief financial officer at US telecoms firm WorldCom has finished giving evidence at the trial of his ex-boss…
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Brewers’ profits lose their fizz
Heineken and Carlsberg, two of the world’s largest brewers, have reported falling profits after beer sales in western Europe fell…
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Huge rush for Jet Airways shares
Indian airline Jet Airways’ initial public offering was oversubscribed 16.2 times, bankers said on Friday. Over 85% of the bids…
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Weak data buffets French economy
A batch of downbeat government data has cast doubt over the French economy’s future prospects. Official figures showed on Friday…
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M&S cuts prices by average of 24%
Marks & Spencer has cut prices in London and the regions by an average of 24%, according to research from…
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VW considers opening Indian plant
Volkswagen is considering building a car factory in India, but said it had yet to make a final decision. The…
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Golden rule boost for Chancellor
Chancellor Gordon Brown has been given a £2.1bn boost in his attempts to meet his golden economic rule, which allows…
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Tsunami ‘to hit Sri Lanka banks’
Sri Lanka’s banks face hard times following December’s tsunami disaster, officials have warned. The Sri Lanka Banks Association said the…
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