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Redknapp lies ‘extremely telling’

BBC News — Sat, 04 Feb 2012 03:22:47 +0000

Harry Redknapp’s admission of lying to a News of the World reporter is “extremely telling”, a court is told.(read article…)

Score draw in TV football case

BBC News — Sat, 04 Feb 2012 03:22:46 +0000

The Premier League and the importers of foreign satellite TV decoder boxes and cards are both claiming victory after their latest court battle(read article…)

Air India asked to pay fuel bill

BBC News — Sat, 04 Feb 2012 03:22:45 +0000

Air India assures it will pay its dues for jet fuel to three state-owned oil firms by Friday after its fuel supplies are cut.(read article…)

China miner gets gold price boost

BBC News — Sat, 04 Feb 2012 03:22:44 +0000

Chinse mining group Zijin says it expects a 20% jump in profits for 2011 boosted by higher gold prices during the year.(read article…)

South Sudan in oil pipeline deal

BBC News — Sat, 04 Feb 2012 03:22:43 +0000

South Sudan agrees a deal with Kenya to build an pipeline to Lamu, potentially reducing its dependence on its northern neighbour Sudan to export its oil.(read article…)

EU approves Iran oil imports ban

BBC News — Sat, 04 Feb 2012 03:22:43 +0000

EU foreign ministers formally agree to an oil embargo against Iran, as Western powers reinforce their naval presence in the region.(read article…)

IMF warns of Iran oil shock risk

BBC News — Sat, 04 Feb 2012 03:22:42 +0000

The International Monetary Fund warns of a possible 20-30% spike in oil prices if Iranian exports are disrupted.(read article…)

US home prices continue to drop

BBC News — Sat, 04 Feb 2012 03:22:41 +0000

Single-family home prices in the US dropped by 0.7% in November, amid weaker consumer confidence.(read article…)

Pilkington to close one UK line

BBC News — Sat, 04 Feb 2012 03:22:40 +0000

Japanese glass manufacturer Nippon Sheet Glass says it will close one of its three UK production lines as it cuts costs.(read article…)

UK recession looms, says report

BBC News — Sat, 04 Feb 2012 03:22:39 +0000

The UK will enter recession in the first half of the year as households continue to cut back, says the National Institute of Economic and Social Research.(read article…)

Hutchison to buy Orange Austria

BBC News — Sat, 04 Feb 2012 03:22:38 +0000

Hong Kong’s Hutchison 3G agrees to buy Orange Austria in a bid to expand it presence and boost market share in the country.(read article…)

BT cuts costs to increase profits

BBC News — Sat, 04 Feb 2012 03:22:37 +0000

Telecoms group BT reports a sharp rise in profits, thanks largely to a jump in the number of broadband users.(read article…)

Uganda signs oil production deal

BBC News — Sat, 04 Feb 2012 03:22:36 +0000

Oil production is set to start in Uganda after a deal is signed between the government and London-based Tullow oil, which also draws in Chinese and French firms.(read article…)

Interest rate ‘collusion’ probe

BBC News — Sat, 04 Feb 2012 03:22:36 +0000

Swiss authorities investigate 12 US, European and Japanese banks over claims they have been fixing their interbank lending rates.(read article…)

Service sector sees strong growth

BBC News — Sat, 04 Feb 2012 03:22:35 +0000

The UK’s service sector grew at its fastest rate since March 2011 in January, according to a closely watched survey.(read article…)

Megaupload bail appeal rejected

BBC News — Sat, 04 Feb 2012 03:22:34 +0000

Kim Dotcom’s bail appeal is rejected by a New Zealand Court, as US campaigners hint at legal action to prevent files being deleted.(read article…)

Motorola makes Apple pull devices

BBC News — Sat, 04 Feb 2012 03:22:33 +0000

Motorola forces some 3G iPhones and iPads to be pulled from Apple’s German online store after enforcing a patent injunction.(read article…)

Panasonic predicts a record loss

BBC News — Sat, 04 Feb 2012 03:22:33 +0000

Japanese electronics giant Panasonic forecasts a record net annual loss of $10bn for the year to March.(read article…)

Eurozone service sector growing

BBC News — Sat, 04 Feb 2012 03:22:32 +0000

The eurozone’s service sector grows for the first time in four months, although Spain and Italy continue to struggle.(read article…)

Hungarian airline Malev collapses

BBC News — Sat, 04 Feb 2012 03:22:31 +0000

Hungarian airline Malev ceases trading after 66 years after being ordered by the EU to repay state aid it has received.(read article…)

Ash claims finally given go-ahead

BBC News — Thu, 02 Feb 2012 23:08:57 +0000

Some 300 travellers with insurance claims resulting from the ash cloud disruption in May 2010 will finally have their cases resolved.(read article…)

VIDEO: The oil-funded super rich of the UAE

BBC News — Thu, 02 Feb 2012 23:08:57 +0000

The past year has been quite a challenging one for the global economy, with the US and European debt crises, the turbulence of the Arab Spring and the tsunami in Japan.(read article…)

BAA loses Stansted sale appeal

BBC News — Thu, 02 Feb 2012 23:08:55 +0000

Airport operator BAA loses its latest challenge against a competition ruling that it must sell Stansted airport.(read article…)

Facebook unveils plans to float

BBC News — Thu, 02 Feb 2012 23:08:54 +0000

The world’s largest social networking site, Facebook, confirms plans to raise $5bn (£3.16bn) in a share sale and reveals it made $1bn profits.(read article…)

July verdict on technology – Fifa

BBC News — Thu, 02 Feb 2012 23:08:52 +0000

Fifa will make a decision on goal-line technology in July.(read article…)

France cuts 2012 growth forecast

BBC News — Thu, 02 Feb 2012 23:08:51 +0000

France cuts its growth forecast for this year to 0.5% from 1% to “take into account the deterioration of the economic situation”.(read article…)

China box office tipped to surge

BBC News — Thu, 02 Feb 2012 23:08:50 +0000

China’s box office takings surged 29% to $2.1bn in 2011 and are forecast to rise by around 20% this year, new figures show.(read article…)

Cold front ad for Mini backfires

BBC News — Thu, 02 Feb 2012 23:08:49 +0000

An advertising agency for BMW pays to name Europe’s cold weather “Cooper” in Germany, after the firm’s Mini Cooper car, but the stunt backfires.(read article…)

Lynas shares up on Malaysia move

BBC News — Thu, 02 Feb 2012 23:08:48 +0000

Shares of Australian miner Lynas surge after Malaysian authorities grant it a licence to operate a rare earth refinery.(read article…)

Pakistan gets trade waiver for EU

BBC News — Thu, 02 Feb 2012 23:08:47 +0000

Pakistan’s efforts to revive its exports have received a boost after some of its goods were given duty free access to the EU.(read article…)