Electric Magic Internet : Business News

Tue, 07 Feb, 2012

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Business

Glencore-Xstrata in $90bn merger
Anglo-Swiss mining group Xstrata unveils a $90bn merger with commodity trader Glencore, a move opposed by some major shareholders.
Euro 'could survive Greece exit'
EU Commissioner Neelie Kroes piles pressure on Greece to agree tough reforms, saying a euro exit would be "no man overboard".
Empty shop numbers 'set to rise'
The number of empty shops on the UK's high streets is set to increase this year, a survey says, as economic conditions get tougher.
Clydesdale Bank owner could sell
The Australian owner of the Clydesdale Bank and Yorkshire Bank is looking for options to sell or radically reform the businesses.
Stores offer warranty concessions
Dixons, Comet and Argos have pledged to improve the way extended warranties for electrical goods are sold, the Office for Fair Trading says.

Business News Video Box
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VIDEO: Empty shops rate hits 14%
One in every seven shops on the UK's High Streets stood empty at the end of 2011.

AUDIO: 'We should stop using the word bonus'
Labour leader Ed Miliband, who has called for a tax on bankers' bonuses, is to lead a House of Commons vote on the issue. Peter Hahn, of the Cass Business School, and John Cridland, of the CBI, discuss whether executive pay is falling.

VIDEO: Merger will create mining giant
News of a merger between mining firm Xstrata and commodities trader Glencore has been met with a mixed reception by investors.

VIDEO: Thousands in Greece go on strike
Public transport and ports have ground to a halt in Greece as two of the country's largest public-sector unions strike in protest at continuing austerity.

More Business News
Tax deal brings out 2,000 evaders
India growth 'to fall below 7%'
BP ups dividend as profits rise
Toyota increases profits forecast
UBS profits down on weak business
Loss at steel maker ArcelorMittal
UK bookings boost for Tui Travel
Hearts face action over tax bill
Bellway: House market 'resilient'

This content is from BBC News

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