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Sales fall at Next and Debenhams

Next and Debenhams see sales fall over the Christmas period, as a survey puts UK consumer confidence at a new low.

January 6, 2009   No Comments

Venezuela suspends US fuel aid

Venezuela's US-based oil subsidiary is halting a programme to provide cheap heating oil to low-income communities in the US.

January 6, 2009   No Comments

Areva wins Niger uranium licence

French nuclear energy group Areva is awarded a licence to build and operate a uranium mine in Niger.

January 6, 2009   No Comments

Aer Lingus cool on Ryanair offer

Shareholders in Irish flag carrier Aer Lingus show little appetite for a Ryanair takeover.

January 6, 2009   No Comments

Robert Peston

Sterling's fall is next challenge for UK High Street

January 6, 2009   No Comments

Porsche takes majority VW stake

German luxury carmaker Porsche announces that it now holds more than 50% of Volkswagen's shares.

January 6, 2009   No Comments

House prices ‘fell 15.9% in 2008′

House prices fell by 15.9% last year, according to the latest survey by the Nationwide building society.

January 6, 2009   No Comments

Retail sales seen falling despite deep discounts

CHICAGO (Reuters) - Deep discounts failed to coax consumers to shop in December, but are sure to sap margins and will likely lead to a number of profit warnings when retailers report sales for the all-important holiday month this week.

January 6, 2009   No Comments

Toyota shuts plants for 11 days

Toyota announces that it is to halt production at its domestic plants for 11 days in February and March.

January 6, 2009   No Comments

India truck strike over fuel cost

Millions of trucks in India are off the roads in an indefinite strike, with operators demanding a lowering of diesel prices.

January 6, 2009   No Comments