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Industry Sectors
Lloyds announces another 5,000 jobs to go
Banking group formed from takeover of HBOS will make cuts in administration, insurance and mortgage processing
US Senate proposes to limit power of the Fed
Senate Banking Committee unveils Bill that would shift responsibility for bank supervision to a new body
First-time buyers benefit as home loans rise
The number of mortgages granted in September increased by 2 per cent - the third consecutive monthly rise
House prices rise for sixth successive month
Low mortgage rates and a more sensible attitude towards the pricing of homes have led sales higher this autumn
Luella’s fashion business unravels
The young British designer has become the latest fashion casualty of the recession despite adulation and celebrity fans
Top 100 graduate employers: No 47 - Cadbury
Confectionery group is a household name. It recruits 15 graduates across four areas of the company each year
Renault-Nissan takes on the Tato Nano
The car manufacturer has signed a deal with Bajaj Auto, an Indian group best known for its motorcycles and three-wheelers
Renault-Nissan advances plan to undercut Nano
French-Japanese partnership finally agrees deal with Indian group Bajaj Auto and sets 2012 target for lost-cost runabout
IMS Health to be bought for $5.2 billion
TPG and Canada Pension to buy data provider to pharmaceuticals industry in largest leveraged buyout since start of year
GSK and Pfizer launch joint HIV venture
Viiv, a collaboration between GlaxoSmithKline and Pfizer, has launched with a mandate to pool the two groups’ HIV treatments
Reliance plans swoop on LyondellBasell
India's biggest company weighs up multibillion-dollar swoop on the American assets of the collapsed chemicals group
Industries demand action over scrap metal thieves
Lobbyists want the Government to amend the Scrap Metal Dealers Act, so that dealers could not pay for scrap with cash
Des and Dave check into boutique hotel chain
D&D London, led by Des Gunewardena and David Loewi, is to unveil plans for a £50m hotel in Moorgate, in the City of London
Monaco invites the rich to winter in Morocco
Resort operator Monte Carlo SBM is to manage a £120m hotel and private residential complex in Menara district of Marrakech
Comment: Reed's bold move backfires
Chief executive's departure after only eight months follows controversial choice of boss from outside publishing
Reed Elsevier boss quits after eight months
Ian Smith, who joined the publisher from Taylor Woodrow in March, has quit by 'mutual agreement' with immediate effect
Climate inaction 'may cost $500bn a year'
The IEA warns that the annual cost would result from a steady build-up of additional concentrations of greenhouse gases
Gas glut will weaken ‘Russian grip on Europe’
The International Energy Agency says that the surplus in global supplies may hit 200 billion cubic metres a year by 2015
Big shots: Abu-Haris Shafi, Nikolai Kesting
Leaders of the BSM management buyout paid just £10m, a fraction of what German owners Arques Industries paid last winter
Accenture loses ruling in British Gas dispute
Judge finds in favour of gas supplier that faulty IT system caused chaos for customers and lost its business millions
Macy's shrinks losses to $31m on cost controls
The American department store group reduces third quarter losses and increases annual earning forecasts
Cautious Sainsbury's reveals 19% profit rise
Shrinking food inflation will hit the UK's third largest supermarket after reporting a 5.7% increase in like-for-like sales
Sun pays high price in Oracle’s takeover bid
The delay is costing the database company hundreds of millions of dollars as its corporate customers flee the uncertainty
Google buys leading mobile advert provider
Purchase of AdMob is a significant step for Google as it seeks to dominate the smartphone mobile sector
Vodafone forced to extend cost cuts
The mobile phone group plans to save a further £1bn in next two years to counter a continued slowdown in revenue growth
Ericsson axes 700 staff and shuts Coventry site
Swedish telecoms group will cut 17% of its UK workforce and scale back its research and development headquarters
National Express to raise £360m in rights issue
Debt-laden transport group vows to fight any Government attempt to wrest control of its remaining rail franchises
British Midland may go bust within a year
Deloitte, the airline's accountant, has warned of its acute funding crisis, despite a pledge from Lufthansa, its owner
Accenture loses ruling in British Gas dispute
Judge finds in favour of gas supplier that faulty IT system caused chaos for customers and lost its business millions
USwitch under half former value as sale nears
Price comparison website is expected to be sold by Christmas for less than half the £210m that it fetched three years ago
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