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French government appeals to end Air France strike

The French government has ratcheted up the pressure on unions to immediately end a protracted strike of Air France employees. Paris demanded service had to resume straight away to avoid even bigger losses. more >>
 

Tesco reveals 'serious' accounting error that weighs on shares

Britain's largest retailer Tesco has suffered another blow to its reputation, revealing a massive accounting error that made an already unsavory profit warning even more bitter. more >>
 

Siemens to buy US oil equipment maker Dresser-Rand

German engineering giant Siemens has said it will acquire US oilfield equipment maker Dresser-Rand. The Wall Street Journal reported a Swiss rival was beaten out by the Germans via an all-cash deal. more >>
 

German arms industry threatens to shift production

A top representative of Germany's arms industry says production may have to be moved abroad in the face of dwindling domestic sales and export restrictions. Thousands of jobs could be at risk. more >>
 

G20 finance ministers talk growth, taxes and Russia

G20 members remain confident to boost economic growth as finance ministers and central bankers of the Group of 20 leading economies meet in Cairns, Australia. They are also set to back a global tax avoidance plan. more >>
 

Russian investigators deny billionare was released

One of Russia's richest men remains under house arrest on money laundering charges, says the nation's Investigative Committee. more >>
 

Alibaba prospers in stock market debut

As Wall Street cheered Alibaba's trading debut, investors from all over the world were eager to get a piece of the action. Shares in the company surged, and if more are issued Alibaba could break a world record. more >>
 

After Brussels rejection, TTIP fight could go to ECJ

Opponents of the EU-US free trade agreement are hoping to get their day in the European Court of Justice. Last week, the EU's executive body had rejected a citizens’ initiative to throw out the neoliberal pact. more >>
 

Alibaba shares open in New York

Public trading of the Chinese e-commerce giant Alibaba has begun in New York. Shares in the company jumped by more than 40 percent from its initial public offering price. more >>
 

Chinese investors buy up German auto parts firms

Chinese investors are increasingly buying German firms – for example, car parts manufacturers behind one-of-a-kind technology. Is there reason for concern? more >>
 

SAP buys Concur to expand its empire in the cloud

German business software maker SAP has announced it will acquire US-based software company Concur. The travel and expense management software specialist is intended to boost SAP's cloud sales. more >>
 

Larry Ellison shifts into new role at Oracle

Larry Ellison has stepped back from the CEO role at US software giant Oracle, but he isn't retiring. He retains two senior roles at the company he co-founded 37 years ago. more >>
 

China fines GlaxoSmithKline, jails managers

A Chinese court has slapped the country's biggest ever fine on GlaxoSmithKline (GSK) after finding the British drug maker guilty of bribing hospital staff. Several of the company's managers were also sent to jail. more >>
 

Alibaba shares selling briskly as IPO approaches

Shares in Alibaba, the Chinese e-commerce giant, are selling briskly as institutional investors get into position for Friday's initial public offering on the New York Stock Exchange, expected to be the biggest IPO ever. more >>
 

Stock markets bounce on Scotland 'No' vote

The British pound has risen after Scotland's decision to reject independence from the United Kingdom. European shares surged higher, buoyed by gains on the UK stock market. more >>
 

NFL Cheerleaders fight for minimum wage

US cheerleaders ‘Buffalo Jills’ are fighting for fair wages for their public appearances. As their demand have yet to be met, the first Buffalo Bills game of the NFL season will kick off without pompoms or acrobats. more >>
 

European businesses pledge thousands of youth jobs

A group of European companies has launched an effort to create work for tens of thousands of jobless youngsters. The firms think young people's digital skills need to be tapped to overcome rampant unemployment. more >>
 

Putin says US, EU sanctions violate WTO

Vladimir Putin has said the EU and the US had violated the principles of the World Trade Organization by imposing sanctions. A number of countries have implemented trade embargos over the war with Ukraine. more >>
 

Business this week

UK Only Article:  standard article Issue:  Xi who must be obeyed Main image:  20140920_WWP002.jpg The Federal Reserve ... more >>
 

Anti-Semitism in Germany: Who is the Other now?

UK Only Article:  standard article Issue:  Xi who must be obeyed Fly Title:  Anti-Semitism in Germany Rubric:  ... more >>
 
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