Billionaire American sports tycoon Malcolm Glazer and his family are plotting to take control of Manchester United, the world's wealthiest football club, the Sunday Times reported. Glazer, who owns NFL franchise Tampa Bay Buccaneers, is

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British bank HBOS is considering a surprise counter-bid for Abbey National, which last week accepted a take-over from Spain's Santander Central Hispano, a report said on Sunday. HBOS is pondering an offer slightly over the

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White House aspirant Senator John Kerry has placed the politically sensitive issue of US job exports to low cost Asia at the heart of his campaign, vowing to plug legal loopholes promoting offshore outsourcing. Both

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A small group of European Union countries could press ahead with corporate tax harmonisation if an EU-wide initiative does not win support, German Finance Minister Hans Eichel told Reuters in an interview on Sunday. Eichel

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The oil price spike, which shot last week to the historic heights of October 1990, is a structural phenomenon set to have a long-lasting impact on the world economy, analysts say. "The current crisis is

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Hong Kong Sunday welcomed the World Trade Organisation's decision to hold its sixth ministerial conference in the city in December next year. "I warmly welcome the decision of the General Council of the World Trade

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Hong Kong's business activity expanded in July at a slower but still solid pace, underpinned by robust growth in new orders, the Purchasing Managers' Index (PMI) showed on Monday. The seasonally adjusted Purchasing Managers' Index

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US auto parts makers are shifting their loyalties to Japanese auto-makers and away from the domestic Big Three as relationships with Detroit steadily deteriorate, according to a new study. The shift could have dire implications

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German dole offices are bracing for Chancellor Gerhard Schroeder's toughest package of cutbacks to date, with some turning to armed security guards to confront enraged job seekers. Schroeder is trying to spur economic growth, slash

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European economic giants Germany, Britain and France warmly welcomed a deal on Sunday to salvage world trade talks but China complained developing countries were not satisfied and an environmental group hit at "empty promises". And

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