Nestle claims £3.7m from famine-hit Ethiopia
The multinational coffee corporation, Nestle, is demanding a $6m (£3.7m) payment from the government of the world's poorest state, Ethiopia, as the country struggles...
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Conseco announces bankruptcy
US insurance and finance company Conseco Inc became the third largest bankruptcy in US history last night after filing for protection from its creditors.
Conseco - based...
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Forget retiring to the seaside and thoughts of a world cruise - it's B&Q for the lot of you
The government announced its long-awaited strategy to tackle the growing pensions crisis yesterday when it offered simpler pensions and abolished the fixed retirement age...
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Railtrack shareholders to receive payout
Railtrack shareholders will shortly get the first 200p per share payment of a 250-260p liquidation deal, it was announced today.
The money will be paid out on January 1...
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No more rewards for failure, companies told
Institutional investors will today make it clear to companies that they will no longer tolerate giving big "rewards for failure" to outgoing executives.
The Association...
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Government changes tack over fees
The government had shifted its position on top-up fees significantly in favour of a system of post-university payments by graduates, Charles Clarke, the education secreta...
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Derby get six-figure bail out
Derby County have been granted a loan by the Professional Footballers' Association to tide them over their short-term financial difficulties.
The six-figure sum is to c...
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Road block
Running the largest car fleet in Europe must be a challenge. But as disability motoring charity Motability today celebrates its 25th anniversary critics say there are gro...
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Fund manager slashes dividend as profits slide
Fund manager Aberdeen Asset Management today slashed its dividend as it blamed tough market conditions for a slide in profits.
The group said pre-tax profits dropped to...
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Matter of courtesy?
When a car is stolen or written off having insurance should be one of the few things that brings peace of mind. What matters to most people in the chaotic days that follo...
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Banking 
