The former head of US medical services firm HealthSouth overstated earnings and assets to boost the company’s share price, it…
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LSE ‘sets date for takeover deal’
The London Stock Exchange (LSE) is planning to announce a preferred takeover by the end of the month, newspaper reports…
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Minister hits out at Yukos sale
Russia’s renationalisation of its energy industry needs to be reversed, a senior government figure has warned. Economy minister German Gref…
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Criminal probe on Citigroup deals
Traders at US banking giant Citigroup are facing a criminal investigation in Germany over a controversial bond deal. The deal…
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Egypt to sell off state-owned bank
The Egyptian government is reportedly planning to privatise one of the country’s big public banks. An Investment Ministry official has…
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France Telecom gets Orange boost
Strong growth in subscriptions to mobile phone network Orange has helped boost profits at owner France Telecom. Orange added more…
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Ex-Boeing director gets jail term
An ex-chief financial officer at Boeing has received a four-month jail sentence and a fine of $250,000 (£131,961) for illegally…
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Malaysia lifts Islamic bank limit
Malaysia’s central bank is to relax restrictions on foreign ownership to encourage Islamic banking. Banks in Malaysia will now be…
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Britannia members’ £42m windfall
More than 800,000 Britannia Building Society members are to receive a profit share worth on average £52 each. Members of…
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Japan turns to beer alternatives
Japanese brewers are increasingly making money from beer-flavoured drinks rather than beer itself Beer and spirits are heavily taxed in…
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