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Posts by: World Business Editor
The Shanghai composite index gained 1.7 percent on Thursday and the Shenzhen index rose 3.1 percent.
Continue Reading →Up to a million families each stand to lose an average of £511 a year under tax and benefit changes, according to research.
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Continue Reading →Almost four million British households are in debt to their energy suppliers, with consumers owing an estimated £478m to the companies, according to a new study.
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Continue Reading →Wall Street Journal China’s Wen urges breakup of bank monopoly as growth slows Reuters * Premier Wen says big banks make profits too easily * Break-up may unlock more…
Continue Reading →The company, which has designed classic bikes in the UK for 125 years, is in exclusive takeover talks with Accell, the maker of Batavus and Spartabikes.
Continue Reading →One in five English Football League clubs is in “financial distress”, a new report has warned.
Continue Reading →Sandwich chain Pret A Manger is planning to add 550 extra jobs in the UK – including taking on more homeless people and school leavers as apprentices.
Continue Reading →The Royal Bank of Canada will pay $1.1 billion cash to buy remaining half of RBC Dexia, an advisor to pension fund managers and institutional investors.
Continue Reading →Despite persistently high gas prices, Detroit’s Big Three automakers report strong sales numbers in both the United States and Canada.
Continue Reading →HELSINKI, April 3 (Reuters) – Finnish location-based services firm GeoSentric said on Tuesday it would seek immediate disposal of all its assets after it failed to raise sufficient financing to…
Continue Reading →Construction activity jumped to a 21-month high in March as new orders rose at their fastest rate in four-and-a-half years.
Continue Reading →Research in Motion, the struggling company behind BlackBerry phones, has announced plans to move its focus to business customers as it reported a quarterly loss of $125m (£79m).
Continue Reading →(Reuters) – Best Buy Co reported weaker-than-expected quarterly sales and said it would close 50 large U.S. stores and lay off another 400 employees, disappointing investors looking for even deeper…
Continue Reading →(Reuters) – Solar inverter company Enphase Energy priced its initial public offering at $6 a share, the low end of its range, and sold more shares than it expected, an underwriter …
Continue Reading →Each penny costs the government 1.6 cents to produce and its elimination may save about 11 million Canadian dollars annually.
Continue Reading →Sales of unleaded petrol were up 172% yesterday as talks to deal with a potential fuel driver strike get under way.
Continue Reading →Italian PM Mario Monti says when the “father and mother” of the Eurozone ignore deficit targets, it sets a bad example for other member nations.
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