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Asda faces mass action on equal pay

Asda faces mass action on equal pay

Supermarket giant Asda could face legal action from tens of thousands of mainly female employees who claim they have been underpaid.

Microsoft helps boost US stocks

Microsoft helps boost US stocks

The US stock market closed out its best week in nearly two years on a positive note today, helped by strong quarterly earnings from Microsoft and other big US companies.

'Critical moment' as growth slows

'Critical moment' as growth slows

The UK notched up its seventh successive quarter of growth today but Chancellor George Osborne warned the country faces a "critical moment" amid a darkening picture for the global economy.

TSB hails current account boost

TSB hails current account boost

TSB hailed an above-target performance in the current account market today but said it was being held back by the low level of switching among UK bank customers.

Banana split as Fyffes merger fails

Banana split as Fyffes merger fails

A deal to create the world's largest banana company has collapsed after shareholders of US firm Chiquita rejected a merger with Fyffes.
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US network AMC to run BBC America

US network AMC to run BBC America

The BBC has agreed a £125 million (200m dollar) deal with an American film and TV network to take over the day-to-day running of the corporation's US cable channel.
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'Uphill battle' to cut EU red tape

'Uphill battle' to cut EU red tape

The European Union has introduced more than a thousand new business regulations since the UK Government challenged it to cut red tape a year ago, according to a new report.
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Stocks buoyant after earnings boost

Stocks buoyant after earnings boost

A combination of strong company earnings and encouraging economic reports, both in the US and Europe, gave the stock market another day of solid gains today.
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Tesco warns of more pain to come

Tesco warns of more pain to come

Tesco has announced a 92% profits plunge and warned of more pain to come after the discovery of a worse-than-expected £263 million hole in its accounts.
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Estate agent warns of slowdown

Estate agent warns of slowdown

A profits warning by estate agent Foxtons provided more firm evidence today that the capital's property market is cooling.
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