Currently viewing the category: "World Business"

The Shanghai composite index gained 1.7 percent on Thursday and the Shenzhen index rose 3.1 percent.

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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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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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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…

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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.

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One in five English Football League clubs is in “financial distress”, a new report has warned.

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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.

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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.

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Despite persistently high gas prices, Detroit’s Big Three automakers report strong sales numbers in both the United States and Canada.

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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…

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Construction activity jumped to a 21-month high in March as new orders rose at their fastest rate in four-and-a-half years.

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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).

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(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…

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(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 …

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Each penny costs the government 1.6 cents to produce and its elimination may save about 11 million Canadian dollars annually.

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Sales of unleaded petrol were up 172% yesterday as talks to deal with a potential fuel driver strike get under way.

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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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