India will allow domestic commercial airlines to fly long haul international routes, a move it hopes will stoke competition and…
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Steel firm ‘to cut’ 45,000 jobs
Mittal Steel, one of the world’s largest steel producers, could cut up to 45,000 jobs over the next five years,…
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Feta cheese battle reaches court
A row over whether only Greece should be allowed to label its cheese feta has reached the European Court of…
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China now top trader with Japan
China overtook the US to become Japan’s biggest trading partner in 2004, according to numbers released by Japan’s Finance Ministry…
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China had role in Yukos split-up
China lent Russia $6bn (£3.2bn) to help the Russian government renationalise the key Yuganskneftegas unit of oil group Yukos, it…
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FAO warns on impact of subsidies
Billions of farmers’ livelihoods are at risk from falling commodity prices and protectionism, the UN’s Food & Agriculture Organisation has…
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Bargain calls widen Softbank loss
Japanese communications firm Softbank has widened losses after heavy spending on a new cut-rate phone service. The service, launched in…
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BMW drives record sales in Asia
BMW has forecast sales growth of at least 10% in Asia this year after registering record sales there in 2004.…
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Millions ‘to lose textile jobs’
Millions of the world’s poorest textile trade workers will lose their jobs under new trade rules to be introduced in…
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Aids and climate top Davos agenda
Climate change and the fight against Aids are leading the list of concerns for the first day of the World…
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