The Globe and Mail - Business
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Strikes and ash extend BA losses
July 30, 2010
BA reveals a steep quarterly loss of £164m after being hit by cabin crew strikes and disruption caused by the volcanic ash cloud. -
Sale of EDF's UK networks agreed
July 30, 2010
A consortium headed by Hong Kong billionaire Li Ka-Shing agrees to buy the UK networks of French power group EDF for £5.8bn ($9.1bn). -
Disney sells Miramax film studios
July 30, 2010
Walt Disney announces the sale of its Miramax film division for about $660m to a group of private equity investors. -
Industry toasts beer sales rise
July 29, 2010
Good weather and football's World Cup is thought to have given a boost to beer sales in the UK, industry figures suggest. -
Deadline for tax credits renewal
July 30, 2010
Families face missing out on financial assistance if they miss Saturday's deadline to renew tax credits. -
Chip sales boost Samsung profits
July 30, 2010
Samsung Electronics reports record quarterly profits thanks to higher sales of smartphones and components such as memory chips. -
Proposal to scrap benefit system
July 30, 2010
Merging all tax credits and benefits into a single payment is one option being considered by Iain Duncan Smith in a "radical" welfare shake-up. -
Citigroup agrees $75m fraud fine
July 29, 2010
Banking giant Citigroup agrees to pay $75m to settle civil charges that it misled investors over potential losses from subprime mortgages. -
Gambling firms reveal merger plan
July 29, 2010
The UK's Partygaming and Austrian firm Bwin unveil plans to merge and create the world's largest online gaming business. -
Jailed Enron boss requests bail
July 29, 2010
The former chief executive of Enron, Jeffrey Skilling, has applied for bail. His lawyer says his conviction for fraud will be overturned. -
Toyota announces fresh car recall
July 29, 2010
Toyota is recalling almost 430,000 vehicles in the US and Japan amid concern over steering problems. -
Fugitive tycoon Nadir seeks bail
July 29, 2010
Fugitive Polly Peck tycoon Asil Nadir, who fled to northern Cyprus in 1993, begins a legal bid to be granted bail ahead of a UK theft trial. -
Oil firms' profits almost double
July 29, 2010
Oil giants Royal Dutch Shell and Exxon Mobil see profits almost double in the week rival BP suffered record losses. -
Fixed retirement age to be axed
July 29, 2010
People reaching the age of 65 will no longer be forced to retire from October next year, under plans announced by the government. -
House price inflation eases again
July 29, 2010
UK house prices fell 0.5% in July, the Nationwide says, cutting the annual rate of house price inflation to 6.6% from 8.7%. -
FSA tightens bankers' pay rules
July 29, 2010
The Financial Services Authority announces plans to update its guidelines on bankers' pay, affecting 2,500 firms. -
Aldi's 'elusive' billionaire co-founder dies
July 28, 2010
The billionaire co-founder of budget supermarket Aldi, Theo Albrecht dies, aged 88. -
Beer giant loses fight for Budweiser name
July 29, 2010
Global brewing giant Anheuser-Busch InBev suffers a defeat in a long-running battle over the rights to the Budweiser beer brand. -
Landmark ruling on divorce money
July 29, 2010
A "ground-breaking" Court of Appeal judgement removes the protection previously given to thousands of people in divorce proceedings. -
New High Street bank opens doors
July 29, 2010
The first High Street bank to launch in the UK for more than 100 years opens its doors for the first time. -
Warning on local council pensions
July 28, 2010
Council workers across England face having to retire later or pay more into their pension scheme, the public spending watchdog warns. -
Review warns of 60,000 job cuts
July 29, 2010
Up to 60,000 people working in the public sector in Scotland could lose their jobs, according to an independent review commissioned by ministers. -
California in 'fiscal emergency'
July 29, 2010
California governor Arnold Schwarzenegger declares a fiscal state of emergency, putting pressure on lawmakers to pass a budget. -
China allows IMF report release
July 29, 2010
China allows the publication of an International Monetary Fund staff report on its economy for the first time since 2006. -
BSkyB profits on high definition
July 29, 2010
Satellite TV group BSkyB reports a sharp jump in profits, driven by new subscriptions, particularly for high definition services. -
Results boost AstraZeneca shares
July 29, 2010
Shares in AstraZeneca rise more than 3% after the drug company reports a rise in profits after strong sales of key drugs. -
China agrees Guinea mining deal
July 29, 2010
Mining giant Rio Tinto completes a deal with Chinese firm Chalco to enter a joint venture in West Africa. -
P&G in London 2012 Olympics deal
July 28, 2010
Consumer products giant Procter & Gamble becomes the 11th big firm to sign an Olympics sponsorship deal covering London 2012. -
Extent of Barcelona debt revealed
July 27, 2010
A new audit into Barcelona's finances reveals the club's debt is 442m euros (£369.5m) after a loss of more than 77m euros (£64.36m) last season. -
London 2012 eyes business backing
July 26, 2010
Small and medium-sized firms are asked to help raise funds for the British 2012 Olympic and Paralympic teams. -
Fuel protests: 'Three days from anarchy'
July 30, 2010
Tom Feilden investigates whether the lessons on food security from the fuel protests 10 years ago have been learned -
Novel take on French home shortage
July 30, 2010
Young French people having difficulty finding affordable housing are being given the chance to help older members of society and put a roof over their own heads. -
Iran sanctions: Turkey's dilemma
July 30, 2010
Turkey is facing a difficult decision after the EU approved an embargo on foreign trade with Iran this week. -
US to publish GDP estimates
July 30, 2010
The US government will publish GDP estimates for the three months to June later -
Puerto Rico struggles in the downturn
July 29, 2010
With nearly one in five people unemployed, the economic future looks bleak in Puerto Rico. -
Tehran's tactics to beat ship sanction
July 29, 2010
A look at how Iran's shipping industry stays one step ahead to minimise the impact of international sanction. -
Where to fight BP oil spill battle?
July 29, 2010
As BP's rivals count the cost of a ban on offshore drilling, the tide of lawsuits arising from the oil spill in the Gulf of Mexico has washed up in a federal courtroom in Idaho. -
'Retirement rules work for employers'
July 29, 2010
Plans to scrap the default retirement will 'raise concerns' according to David Yeandle of the Engineering Employers Federation. -
Picking up Penguins for 75 years
July 29, 2010
A colourful history of the famous book publisher -
Hit by sanctions
July 29, 2010
Black market boom as Dubai curbs trade with Iran -
Pensions timebomb
July 29, 2010
Russians fear the benefits system will cease to exist -
New face
July 29, 2010
Can the new Metro Bank really shake up High Street banking? -
Filling the gap
July 28, 2010
Why British businesses still need immigrant workers -
Bright future
July 28, 2010
Electric motoring boosted by plug-in subsidy promise
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