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Business & Finance

Internet and TV slug it out for advertising dollar in tough market

07.08.2009 - Business & Finance

The advertising market has taken a hit in the downturn, with companies slashing spending, driving some advertisers to the wall. Major players, have remained but there is a shift towards the Internet.

Commerzbank reports more losses

06.08.2009 - Business & Finance

Germany's Commerzbank has reported further losses as it struggles to recover from the financial crisis.

Shell unveils 70% drop in profits

30.07.2009 - Business & Finance

Royal Dutch Shell has seen its profits for the April to June period slump 70% from a year earlier, due to the big fall in oil prices since last summer.

US and China 'committed to trade'

29.07.2009 - Business & Finance

The US and China are committed to fighting protectionism, US Treasury Secretary Timothy Geithner has said following two days of high-level talks.

Lower oil prices cut BP profits

28.07.2009 - Business & Finance

Lower oil prices in the global downturn have led to second-quarter profits at BP more than halving from a year ago.

Microsoft profits down by a third

24.07.2009 - Business & Finance

Microsoft has reported disappointing results for the April to June quarter, with profits down by almost a third.

Top Porsche managers stand down

23.07.2009 - Business & Finance

German luxury car maker Porsche has said chief executive Wendelin Wiedeking and financial director Holger Haerter have resigned "with immediate effect".

Spy scandal' hits Deutsche Bank

21.07.2009 - Business & Finance

Deutsche Bank has confirmed it faces a possible criminal investigation into spying allegations.

Banks warned on excessively high deposit rates

20.07.2009 - Business & Finance

Russian savers are enjoying high interest rates on bank deposits, while their global counterparts are getting virtually nothing. But the Central Bank is warning that, in some cases, this comes at a price.