Somerfield drops final dividend
Supermarket chain Somerfield revealed the extent of its woes yesterday when a 70% drop in profits forced it to abandon its final dividend payment to beleaguered sharehold...
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Putin steps up battle against the oligarchs
The Kremlin's crackdown on Russia's leading business tycoons intensified yesterday, when a criminal tax-evasion case was launched against its largest car manufacturer, Av...
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Vodafone forced to explain £10m bonus
Corporate activists have forced Vodafone AirTouch, the world's fifth largest company, to prepare an embarrassing "explanation" of the £10m bonus it has paid its chie...
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A credit to your cause
When I first went to Paris, as a teenager at the beginning of the 80s, I can remember my surprise at seeing begging accepted as part of everyday life. I'd thought that b...
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Africans say UN must pay for genocide
The Organisation of African Unity is demanding payment of "significant reparations" to Rwanda by the countries that failed to prevent the genocide of 1994, when 800,000 p...
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Fayed renews legal fight for British passport
Harrods owner Mohamed Al Fayed demonstrated yesterday that he has no intention of giving up his fight for a British passport when he opened a new round in his six-year ba...
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Union chief accused of ?130,000 fraud
Allegations that Roger Lyons, the general secretary of the Manufacturing, Science and Finance Union defrauded the union of nearly £130,000 from "shell" bank accounts...
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Kidnappers' hideouts penetrated by DJs and relatives' requests
The late-night show on Memories Radio churns out a stream of Mexican cowboy music and romantic ballads interspersed with calls from listeners all over Colombia.
It soun...
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Clobber the taxman
With-profits bonds from life insurance companies are an attractive option for investors who want to earn higher income than they would from a building society deposit, wh...
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How gene blueprint will affect insurers
As scientists this week announced that we now have the draft blueprint for human life, insurance buyers and companies are asking how this breakthrough, perhaps the greate...
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