Chinse mining group Zijin says it expects a 20% jump in profits for 2011 boosted by higher gold prices during the
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Chinse mining group Zijin says it expects a 20% jump in profits for 2011 boosted by higher gold prices during the EU foreign ministers formally agree to an oil embargo against Iran, as Western powers reinforce their naval presence in the 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 The International Monetary Fund warns of a possible 20-30% spike in oil prices if Iranian exports are Single-family home prices in the US dropped by 0.7% in November, amid weaker consumer Hong Kong’s Hutchison 3G agrees to buy Orange Austria in a bid to expand it presence and boost market share in the Telecoms group BT reports a sharp rise in profits, thanks largely to a jump in the number of broadband Swiss authorities investigate 12 US, European and Japanese banks over claims they have been fixing their interbank lending The UK’s service sector grew at its fastest rate since March 2011 in January, according to a closely watched 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 Kim Dotcom’s bail appeal is rejected by a New Zealand Court, as US campaigners hint at legal action to prevent files being Japanese electronics giant Panasonic forecasts a record net annual loss of $10bn for the year to Motorola forces some 3G iPhones and iPads to be pulled from Apple’s German online store after enforcing a patent The eurozone’s service sector grows for the first time in four months, although Spain and Italy continue to Canadian Prime Minister Stephen Harper will visit China next week to discuss the future of Canada’s oil Apple is granted a suspension of a sales ban imposed on some of its iPads and iPhones in Hungarian airline Malev ceases trading after 66 years after being ordered by the EU to repay state aid it has Freezing weather sweeping across Europe is causing a shortage of vital Russian gas supplies to several countries, officials Virgin Atlantic is forcing successful job applicants to pay for their own criminal record checks, Radio 4′s Money Box The US economy created 243,000 jobs in January, while the unemployment rate fell to 8.3%, official figures Twenty-five of the 27 EU states agree to sign a fiscal pact for stricter rules to try to prevent future debt crises, with the UK and Czech Republic Facebook will begin the process of becoming a publicly-listed company this week, valuing the social networking site at between $75bn and $100bn, reports 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 China’s box office takings surged 29% to $2.1bn in 2011 and are forecast to rise by around 20% this year, new figures Pakistan’s efforts to revive its exports have received a boost after some of its goods were given duty free access to the Japanese carmakers report a jump in their US sales in January boosted by new models and the restoration of supply Premier Wen Jiabao says Beijing is “considering” contributing to European rescue funds, during a visit by German Chancellor Angela The loss-making parent company of American Airlines says it will shed 13,000 jobs – around 15% of its Deutsche Bank reports a sharp fall in profits as the eurozone debt crisis takes its toll on the company’s investment banking The German-UK consortium building the operational spacecraft for Europe’s Galileo sat-nav system wins a contract to provide an additional eight |
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