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Greece must stay in euro, says PM
Greece needs to stay in the euro and realises its economy needs drastic reform, the country's prime minister said in a letter to international creditors in which he promised to stick to the terms of a debt reduction deal.
Murdoch suffers BSkyB revolt but hangs on
Investors holding nearly a quarter of BSkyB shares failed to back the re-election of chairperson James Murdoch on Tuesday, in protest over the former chief executive’s ...
Sony Buys Phone Business From Ericsson for $1.5 Billion
Ericsson of Sweden said on Thursday that it had reached an agreement to sell its stake in its struggling cellphone joint venture, Sony Ericsson, to Sony for €1.05 billi...
CEO resigns over rogue trading loss
UBS chief executive Oswald Gruebel has resigned over a $2.3bn rogue trading loss, the bank said Saturday. It said Gruebel's decision was an attempt to allow UBS to start ...
Manchester United posts a pretax profit
ENGLISH Premier League soccer champions Manchester United yesterday reported record full-year profit and revenue, strengthening the club’s hand ahead of a planned $1 bi...
Manchester United unveils two new commercial deals
Manchester United has signed two new commercial deals, with logistics company DHL becoming the club's first training kit sponsor.
Man U plans Asian listing
English Premier League football champions Manchester United planned an initial public offering in Singapore by the end of the year, depending on market conditions, IFR re...
Europe curbs short-selling
A ban on short-selling financial stocks in four European countries including France takes effect on Friday, a coordinated attempt to restore confidence in a market hit by...
BSkyB dishes out $1.6bn to calm investors
BSkyB will hand out £1bn to placate investors who lost out after News Corp bowed to public fury over a hacking scandal and dropped a bid to take full control of the sate...
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