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Business & Finance

China carmaker gets Goldman cash

23.09.2009 - Business & Finance

Chinese carmaker Geely Automotive has received a $334m (£204m) investment from major US bank Goldman Sachs to help fund expansion.

Low US hopes for Mid-East summit

22.09.2009 - Business & Finance

The US has no "grand expectations" from the summit of Israeli and Palestinian leaders which President Obama is to host on Tuesday, the White House says.

Number of failed US banks hits 94

21.09.2009 - Business & Finance

Another two US banks have been closed by the federal regulator, taking the total number of American banking failures this year to 94.

Google brand value 'on the rise'

18.09.2009 - Business & Finance

In these uncertain economic times, people want answers - one reason perhaps why Google's brand value is soaring and bank brands are plunging.

Airline in $1bn air mile sell-off

18.09.2009 - Business & Finance

AMR, the parent of American Airlines, has raised $2.9bn (£1.8bn) of new financing to help it through the global downturn in air travel.

China in huge Venezuela oil deal

17.09.2009 - Business & Finance

Venezuela has announced a $16bn (£10bn) investment deal with China for oil exploration in the Orinoco river.

Internet usage jumps despite economic downturn

15.09.2009 - Business & Finance

The Communications Ministry says the Revenues of Russia’s telecommunications services providers increased by more than 8% year on year, with the internet services sector seeing a four fold traffic jump.

Opel and Vauxhall to go to Magna

11.09.2009 - Business & Finance

General Motors (GM) has announced that it has chosen the Canadian car parts manufacturer Magna to buy Opel and its sister company Vauxhall.

Toyota increases hiring in Japan

08.09.2009 - Business & Finance

Toyota is hiring 800 contract workers in Japan, its first increase in jobs in more than a year.

Repossessions soar in US as crisis continues unabated

03.09.2009 - Business & Finance

Hundreds of thousands of Americans are losing their homes every month because foreclosure rates have hit record highs due to the recession and many people cannot afford to pay their rent anymore.