The Nigerian stock market jumped 2.4 percent to 23,844.45 on Friday from 23,292.58 on Thursday, the biggest one-day rise since July, ending the year 18.6 percent up, traders said. Copyright Reuters, 2005

The Amsterdam commercial court has set up a panel to probe Unilever's treatment of its preference shares that could force the Anglo-Dutch food-to-detergents group to pay out to disgruntled investors. The court said on Friday

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The Amsterdam commercial court has set up a panel to probe Unilever's treatment of its preference shares that could force the Anglo-Dutch food-to-detergents group to pay out to disgruntled investors. The court said on Friday

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The German government denied on Friday a report in weekly magazine Der Spiegel that Chancellor Gerhard Schroeder planned to replace Finance Minister Hans Eichel by next summer. "This appears to be an unfortunate new year's

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South Korea's Hyundai Motor Co raised on Friday its 2005 sales target by 14 percent to 2.58 million vehicles, targeting overseas markets as part of its ambition to become one of the world's top five

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Shanghai Automotive Industry Corp (SAIC), China's largest automaker, has launched a new shareholding company to prepare for an eventual overseas listing, state press reported Friday. Shanghai Automotive Group Company Ltd, will have registered capital of

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Cyprus expects to link its pound to the European Exchange Rate Mechanism (ERM-2) by March or April 2005 at the latest, and sees no reason to change the currency's current rate against the euro, said

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A new front opens this weekend in the battle against global warming as the European Union launches the world's first international carbon dioxide emissions trading scheme. From New Year's Day, energy-intensive businesses will have to

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Russia plans its first laws to crack down on industrial polluters next year, and will force offending companies to invest in clean technology rather than pay fines, the natural resources minister said on Friday. Yuri

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Dutch retailer Ahold has agreed to sell its Brazilian retail chain G. Barbosa Comercial to an affiliate of US-based investment firm ACON Investments for an estimated 90 million euros ($122.4 million). Ahold, the world's fourth-biggest

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