The UK manufacturing sector will continue to face “serious challenges” over the next two years, the British Chamber of Commerce…
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Wipro beats forecasts once again
Wipro, India’s third-biggest software firm, has reported a 60% rise in profit, topping market expectations. Net income in the last…
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Train strike grips Buenos Aires
A strike on the Buenos Aires underground has caused traffic chaos and large queues at bus stops in the Argentine…
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News Corp makes $5.4bn Fox offer
News Corporation is seeking to buy out minority investors in Fox Entertainment Group, its broadcasting subsidiary, for about $5.4bn (£3.7bn).…
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Japan bank shares up on link talk
Shares of Sumitomo Mitsui Financial (SMFG), and Daiwa Securities jumped amid speculation that two of Japan’s biggest financial companies will…
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Fresh hope after Argentine crisis
Three years after Argentina was hit by a deadly economic crisis, there is fresh hope. The country’s economy is set…
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S Korea spending boost to economy
South Korea will boost state spending next year in an effort to create jobs and kick start its sputtering economy.…
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UK house prices dip in November
UK house prices dipped slightly in November, the Office of the Deputy Prime Minister (ODPM) has said. The average house…
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Winemaker rejects Foster’s offer
Australian winemaker Southcorp has rejected a takeover offer worth 3.1bn Australian dollars ($2.3bn; £1.8bn) from brewing giant Foster’s Group. Southcorp,…
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US Ahold suppliers face charges
US prosecutors have charged nine food suppliers with helping Dutch retailer Ahold inflate earnings by more than $800m (£428m). The…
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