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Archive for April 5th, 2008Microsoft threatens Yahoo with proxy battlePosted by UK Economy News
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5Apr 08 Microsoft issued a three-week ultimatum Saturday for Yahoo to accept its 44.6-billion-dollar takeover offer or face a hostile battle for the support of the Internet giant's shareholders.
Read full story Swiss Champagne village fights to reclaim use of namePosted by UK Economy News
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5Apr 08 Residents of the tiny Swiss village of Champagne, banned from putting the village name on their wine due to French objections, protested the rule Saturday with a tractor and a bottle of bubbly.
Read full story Comments Off Liechtenstein tax row prompts EU directive revision: commissionerPosted by UK Economy News
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5Apr 08 The tax evasion row surrounding Liechtenstein prompted the European Union to revise an anti-tax evasion directive, EU Finance Commissioner Laszlo Kovacs said in an interview published Saturday.
Read full story Comments Off EU finance ministers back IMF shake-upPosted by UK Economy News
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5Apr 08 EU finance ministers gave their blessing on Saturday to plans to give developing countries more say at the IMF, Slovenian Finance Minister Andrej Bajuk said.
Read full story Comments Off EU unions rally in Ljubljana demanding pay hikesPosted by UK Economy News
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5Apr 08 Thousands of trade union members from across Europe marched Saturday in central Ljubljana at a rally demanding higher wages and better conditions for workers.
Read full story Comments Off London Heathrow airport terminal in fresh turmoilPosted by UK Economy News
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5Apr 08 London Heathrow airport's new Terminal 5 was hit by fresh flights disruption on Saturday when the baggage system suffered a major computer glitch, airports operator BAA said.
Read full story Comments Off Australian PM sees progress in push for world trade dealPosted by UK Economy News
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5Apr 08 Australian Prime Minister Kevin Rudd said Saturday there had been "real movement" in recent weeks in long-stalled efforts to reach a new global trade deal.
Read full story Comments Off Japan’s major banks to suffer sharp profit fall: reportPosted by UK Economy News
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5Apr 08 Combined net profit at Japan's six major banks is estimated to have dropped more than 40 percent for the year to March 2008, weighed down by losses related to US subprime mortgages, a daily said Saturday.
Read full story Comments Off Daimler mulls truckmaker buy: magazinePosted by UK Economy News
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5Apr 08 German automaker Daimler is considering buying a truckmaker and sees Russia as an attractive country in which to be active, Chief Executive Dieter Zetsche told WirtschaftsWoche magazine in an interview.
Read full story Comments Off European unions protest over payPosted by UK Economy News
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5Apr 08 Thousands of protesters took to the streets of Slovenia's capital on Saturday to denounce low pay and corporate greed across Europe as politicians and central bankers called for wage restraint to combat inflation.
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