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BUSINESS

BUSINESS

Mitsubishi bosses apologise for using US PoWs as forced labour

Digital Desk -
Bosses from a major Japanese corporation have issued an unprecedented apology to a 94-year-old US prisoner of war for using American PoWs for forced...
BUSINESS

UK supermarket price war ‘hitting suppliers and farmers

Digital Desk -
Food suppliers and farmers are increasingly being squeezed by the supermarket price war in the UK, according to a new report. The study from Begbies...
ECONOMY

One low bid at auction for Spanish ‘ghost airport’

Digital Desk -
One of Spain’s “ghost airports” – expensive projects that were virtually unused – received just one bid in a bankruptcy auction after costing some...
FINANCE

Mark Carney: Interest rates could rise at end of year

Digital Desk -
Bank of England governor Mark Carney has suggested that interest rates could begin to rise at the turn of this year. Mr Carney said he...
BUSINESS

M&S clothing division boss quits

Digital Desk -
The head of Marks & Spencer’s beleaguered clothing division has quit after nearly three decades at the retailer. Shares fell today after John Dixon said...
BUSINESS

Mixed day for Asian stocks

Digital Desk -
Update HONG KONG: the Hang Seng index closed down 65.2 at 25055.8. SINGAPORE: the Straits Times index closed up 22.4 at 3338.9.
BUSINESS

‘Fake’ Twitter buyout story sends stock soaring

Digital Desk -
Twitter's stock briefly shot up on the US markets after an apparently fake story about a potential multibillion-dollar buy-out was posted online. The story said...
BUSINESS

Five-fold increase in number of bankruptcies last year

Digital Desk -
The number of bankruptcies increased by almost 570% last year - with 448 people being declared bankrupt. An increase in bankruptcies was widely expected following...
MARKETS

FTSE rises on hopes of Greece deal

Digital Desk -
The London market ended the week in positive territory after growing hopes that last-ditch reform proposals by Greece will lead to a bailout deal...
BUSINESS

Greece proposals lift FTSE

Digital Desk -
Last-ditch proposals by Greece on major reforms to appease its creditors helped lift London’s top-flight today as hopes were raised that the debt-laden country...
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