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BBC News | Business | World Edition


Match-fix probe targets 200 games
About 200 football ties are under investigation in what one Uefa official calls Europe's biggest match-fixing scandal.

Hershey 'mulls $17bn Cadbury bid'
US chocolate maker Hershey considers launching a solo bid of at least $17bn (£10bn) for UK firm Cadbury, reports say.

ECB slows emergency cash support
The European Central Bank says it will scale back emergency monetary support for fear of fuelling inflation.

Valero shuts another oil refinery
Valero Energy announces it is permanently closing its oil refinery in Delaware City, with the loss of 550 jobs.

Japan says deflation has returned
The Japanese government warns that deflation has returned to the country's economy for the first time since 2006.

Trade deal agreed in East Africa
Leaders from Kenya, Tanzania, Uganda, Rwanda and Burundi sign a common market trade agreement.

Sani Abacha son 'must pay $350m'
A Swiss court orders the seizure of $350m in assets from the son of Nigeria's ex-ruler Sani Abacha after a 10-year investigation.

Volkswagen to increase production
Volkswagen, Europe's biggest car company, plans to invest 26bn euros over the next three years to create new vehicles.

Korea says no to US trade talks
South Korea dampens speculation the country is willing to re-negotiate a free trade agreement with the US.

Union cancels next Iberia strike
Unions representing staff at Spanish airline Iberia call off planned strike action after a preliminary agreement with management.

 


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