The US budget deficit is set to hit a worse-than-expected $368bn (£197bn) this year, officials said on Tuesday. The cost…
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Amex shares up on spin-off news
Shares in American Express surged more than 8% on Tuesday after it said it was to spin off its less…
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China continues rapid growth
China’s economy has expanded by a breakneck 9.5% during 2004, faster than predicted and well above 2003’s 9.1%. The news…
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Deadline nears for Fiat-GM deal
Fiat and General Motors (GM) have until midnight on 1 February to settle a disagreement over a potential takeover. The…
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UK firm faces Venezuelan land row
Venezuelan authorities have said they will seize land owned by a British company as part of President Chavez’s agrarian reform…
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Jarvis sells Tube stake to Spain
Shares in engineering group Jarvis have soared more than 16% on news that it is offloading its stake in London…
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Yukos heading back to US courts
Russian oil and gas company Yukos is due in a US court on Thursday as it continues to fight for…
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Indonesia ‘declines debt freeze’
Indonesia no longer needs the debt freeze offered by the Paris Club group of creditors, Economics Minister Aburizal Bakrie has…
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Ethiopia’s crop production up 24%
Ethiopia produced 14.27 million tonnes of crops in 2004, 24% higher than in 2003 and 21% more than the average…
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Gaming firm to sell UK dog tracks
Six UK greyhound tracks have been put up for sale by gaming group Wembley as part of a move which…
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