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China denies involvement in Renault scandal

Jan 13, 2011
Three executives were suspended by the French car maker Renault last week on suspicion of leaking information about its multi-billion dollar electric car program.

Hardback books are still thriving

Jan 13, 2011
The e-book market continues to gain more customers, but there is still one part of the traditional book market that finds itself thriving -- hardbacks. Sales in the U.K. have increased, thanks to hardbacks' decorative appeal and endurance.
Posted In: Retail

PetroChina strikes a deal with INEOS

Jan 11, 2011
China's largest oil and gas producer has struck a deal with a British energy company.

Global food prices hit record high

Jan 6, 2011
Global food prices hit their highest levels ever last month. Wheat, corn, sugar and cooking oil are causing the most concern.
Posted In: Food

Gallup says emerging countries are more optimistic than others

Dec 22, 2010
There's a new global survey that shows even the world's richest economies don't necessarily feature the planet's happiest people.

British banks borrowed more than a trillion U.S. dollars

Dec 2, 2010
The U.S. Federal Reserve has released a list of the banks that received federal loans at the height of the financial crisis. British banks were among the recipients, and borrowed more than a trillion U.S. dollars.
Posted In: Banks

Qatar Airways says Boeing has 'cleary failed' with Dreamliner delays

Nov 26, 2010
Qatar Airways CEO Akbar Al-Baker publicly criticizes the Boeing for it's continued delay of the 787 Dreamliner. Still, analysts say the airline is eagerly waiting its arrival.
Posted In: Airlines

McDonalds serves up a McDegree to employees in Britain

Nov 25, 2010
McDonald's offers two-year degree program in operations and business management to employees working at the fast food chain.

London prepares for a royal wedding

Nov 17, 2010
Prince William and his future bride, Kate Middleton will sit down with royal advisers to begin planning their wedding next year. But many Brits are already wondering how much it's going to cost and whether it's appropriate in a time of austerity.

Hayward tells BBC that BP was making it up day-to-day

Nov 9, 2010
Tony Hayward, former Chief Executive of BP, has been speaking to the BBC about the details of BP's actions during the Gulf oil spill.
Posted In: Oil

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