Parmalat, the Italian food group at the centre of one of Europe’s most painful corporate scandals, has reported a doubling…
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Borussia Dortmund near bust
German football club and former European champion Borussia Dortmund has warned it will go bankrupt if rescue talks with creditors…
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Yukos loses US bankruptcy battle
A judge has dismissed an attempt by Russian oil giant Yukos to gain bankruptcy protection in the US. Yukos filed…
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Record year for Chilean copper
Chile’s copper industry has registered record earnings of $14.2bn in 2004, the governmental Chilean Copper Commission (Cochilco) has reported. Strong…
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Oil prices reach three-month low
Oil prices have fallen heavily for a second day, closing at three-month lows after news that US crude stocks have…
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India’s rupee hits five-year high
India’s rupee has hit a five-year high after Standard & Poor’s (S&P) raised the country’s foreign currency rating. The rupee…
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Low-cost airlines hit Eurotunnel
Channel Tunnel operator Eurotunnel has seen sales fall in the face of the upsurge in European low-cost airlines. The firm…
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EU to probe Alitalia ‘state aid’
The European Commission has officially launched an in-depth investigation into whether Italian airline Alitalia is receiving illegal state aid. Commission…
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Durex maker SSL awaits firm bid
UK condom maker SSL International has refused to comment on reports it may be subject to a takeover early in…
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Bombardier chief to leave company
Shares in train and plane-making giant Bombardier have fallen to a 10-year low following the departure of its chief executive…
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