General Motors has warned that it expects earnings this year be lower than in 2004. The world’s biggest car maker…
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China bans new tobacco factories
The world’s biggest tobacco consumer, China, has said it will not allow any new tobacco factories to be built. China…
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JP Morgan admits US slavery links
Thousands of slaves were accepted as collateral for loans by two banks that later became part of JP Morgan Chase.…
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Deutsche Boerse set to ‘woo’ LSE
Bosses of Deutsche Boerse and the London Stock Exchange are to meet amid talk that a takeover bid for the…
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Iraq to invite phone licence bids
Iraq is to invite bids for two telephone licences, saying it wants to significantly boost nationwide coverage over the next…
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Cactus diet deal for Phytopharm
A slimming aid made from a southern African cactus is set to be developed by UK firm Phytopharm and Unilever.…
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Wal-Mart to pay $14m in gun suit
The world’s largest retailer, Wal-Mart, has agreed to pay a total of $14.5m (£7.74m) to settle a lawsuit over gun…
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Burren awarded Egyptian contracts
British energy firm Burren Energy has been awarded two potentially lucrative oil exploration contracts in Egypt. The company successfully bid…
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Disaster claims ‘less than $10bn’
Insurers have sought to calm fears that they face huge losses after an earthquake and giant waves killed at least…
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US data sparks inflation worries
Wholesale prices in the US rose at the fastest rate in more than six years in January, according to government…
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