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Business & Finance

Greece offered 30bn euros loan loan by eurozone

12.04.2010 - Business & Finance

Finance ministers of the 16 eurozone nations have agreed to provide up to 30bn euros (£26bn) in emergency loans for debt-hit Greece it asks for them.

Anglo Irish Bank to get 8.3bn euros in fresh bailout

31.03.2010 - Business & Finance

The Irish government will inject another 8.3bn euros (£7.4bn, $9.9bn) into the nationalised Anglo Irish Bank, it has been announced.

Toyota recalls spark customer response pledge

30.03.2010 - Business & Finance

Toyota has said it will listen more carefully to customers and respond faster to complaints after the recall of millions of cars over safety fears.

Google out of China

24.03.2010 - Business & Finance

As Google reroutes its Chinese-language search to Hong Kong, questions remain over the company's motivations.

Rouble appreciation in the spotlight on energy revenues

22.03.2010 - Business & Finance

Oil prices holding at above $70/bbl mean Russia is enjoying strong energy revenues and boosting its current account surplus. But that might not help the economy.

Rio Tinto signs mines deal with China's Chinalco

19.03.2010 - Business & Finance

The Anglo-Australian mining company Rio Tinto says it has signed a deal with China to develop a massive iron ore mine in West Africa.

US interest rates 'to stay low', resolves Fed

17.03.2010 - Business & Finance

The US Federal Reserve has repeated its pledge to keep interest rates at record lows in order to nurture the economic recovery.

London and New York tied as top financial centres

12.03.2010 - Business & Finance

New York and London have been ranked as the joint-top global financial centres, according to research published by the City of London Corporation.

Lehman Brothers' former heads criticised for lapses

12.03.2010 - Business & Finance

A report into the collapse of Lehman Brothers criticises senior executives and auditor Ernst & Young for serious lapses that led to the firm's collapse.