Yukos will return to a US court on Wednesday to seek sanctions against Baikal Finance Group, the little-known firm which…
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Business fears over sluggish EU economy
As European leaders gather in Rome on Friday to sign the new EU constitution, many companies will be focusing on…
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Manufacturing recovery ‘slowing’
UK manufacturing grew at its slowest pace in one-and-a-half years in January, according to a survey. The Chartered Institute of…
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Strong quarterly growth for Nike
Nike has reported its best second-quarter earnings, helped by strong demand for its athletic shoes and Converse sneakers. The global…
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Profits jump at China’s top bank
Industrial and Commercial Bank (ICBC), China’s biggest lender, has seen an 18% jump in profits during 2004. The increase in…
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Japan narrowly escapes recession
Japan’s economy teetered on the brink of a technical recession in the three months to September, figures show. Revised figures…
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Mitsubishi in Peugeot link talks
Trouble-hit Mitsubishi Motors is in talks with French carmaker PSA Peugeot Citroen about a possible alliance. On Tuesday Mitsubishi, the…
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Rover deal ‘may cost 2,000 jobs’
Some 2,000 jobs at MG Rover’s Midlands plant may be cut if investment in the firm by a Chinese car…
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G7 backs Africa debt relief plan
G7 finance ministers have backed plans to write off up to 100% of the debts of some of the world’s…
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India’s Deccan seals $1.8bn deal
Air Deccan has ordered 30 Airbus A320 planes in a $1.8bn (£931m) deal as India’s first low-cost airline expands in…
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