Argentina and Venezuela have extended a food-for-oil deal, which helped the former to overcome a severe energy crisis last year.…
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Chinese dam firm ‘defies Beijing’
The China Three Gorges Project Corp is refusing to obey a government order to stop construction of one of its…
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Japanese banking battle at an end
Japan’s Sumitomo Mitsui Financial has withdrawn its takeover offer for rival bank UFJ Holdings, enabling the latter to merge with…
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Peugeot deal boosts Mitsubishi
Struggling Japanese car maker Mitsubishi Motors has struck a deal to supply French car maker Peugeot with 30,000 sports utility…
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MG Rover China tie-up ‘delayed’
MG Rover’s proposed tie-up with China’s top carmaker has been delayed due to concerns by Chinese regulators, according to the…
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India seeks to boost construction
India has cleared a proposal allowing up to 100% foreign direct investment in its construction sector. Kamal Nath, Commerce and…
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French wine gets 70m euro top-up
The French government is to hand its struggling wine industry 70m euros ($91m) in aid to help it battle falling…
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WMC profits up amid bid criticism
Australian mining firm WMC Resources has seen a fivefold rise in profits while continuing to be the target of a…
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DaimlerChrysler’s 2004 sales rise
US-German carmaker DaimlerChrysler has sold 2.1% more cars in 2004 than in the previous year, as solid Chrysler sales offset…
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India and Iran in gas export deal
India has signed a $40bn (£21bn) deal to import millions of tonnes of liquefied natural gas from Iran. Firms led…
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