Shares in US electric carmaker Tesla Motors rise 11% after the firm brings forward the delivery date for its new Model S
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Shares in US electric carmaker Tesla Motors rise 11% after the firm brings forward the delivery date for its new Model S Lonmin, the world’s third largest platinum producer, sees pre-tax profits plunge nearly 90% in the first half of the year due to higher costs and reduced Facebook co-founder Eduardo Saverin has renounced his US citizenship, just days ahead of the company’s stock Japan Airlines, which went bankrupt two years ago, posts an annual net profit of 186.6bn yen ($2.3bn; £1.5bn) thanks to cost The founder of US electronics retailer Best Buy is leaving after it was found he knew the chief executive was having an affair but did not disclose Renren, known as China’s Facebook, reports wider losses for the first three months of the year because of weak advertising US voucher firm Groupon says its quarterly loss has narrowed from a year earlier and it has a record 36.9 million active Foreign direct investment in China falls for a sixth straight month in April, as worries persist over the health of the country’s Fragrance firm Coty withdraws its $10.7bn (£6.6bn) bid for Avon Products, saying the US beauty firm has taken too long to respond to its The UK’s overall trade gap in March narrowed to £2.7bn, but the deficit for trade in goods alone was unchanged, official figures Sri Lanka wants people to buy local after dairy What can governments do to promote Should the financial crisis affect your travel Why UK’s Brazilians feel the urge to return Salesforce’s Marc Benioff says social media has changed The battle to set-up a business in The Spanish government is to force its banks to take on an extra 30bn euros of capital to cushion themselves against loans going Olli Rehn, the European Union’s monetary affairs chief, said that the economy of the 17 countries that use the euro is in a “mild and short-lived” Iain Anderson from Cicero Group says more Chinese banks are set to invest in the US, following ICBC’s clearance to acquire a US JPMorgan Chase, the biggest US bank, has revealed a surprise trading loss of at least $2bn (�1.2bn) on complex investments made by its traders. Mike Mayo, US banking analyst at investment firm CLSA, told the Today programme that ‘thought investments were IAG, the parent firm of British Airways (BA) and Spain’s Iberia, has reported widening losses, due in large part to higher fuel Curry houses in the UK which are struggling to recruit Asian staff because of tougher immigration rules, are being urged by the government to accept graduates from new “curry About 3.5 million taxpayers will receive a tax rebate in the next few weeks, averaging £379 each, for the 2011-12 tax Figures out later are expected to show a sharp slowdown in Indian industrial production, in another sign of the wider economic gloom in the Victims of the mis-selling of payment protection insurance (PPI) could “inadvertently” be underpaying tax after receiving compensation The Blue Knights withdraw their offer for Rangers as Duff & Phelps describe some of the bidder’s claims as A technological start-up firm makes it big by keeping its recruits JPMorgan Chase, the biggest US bank, reveals a surprise trading loss of $2bn (£1.2bn) on complex investments made by its Mecca Bingo owner Rank buys 23 casinos from Gala Coral for £205m in a deal that will make it the biggest UK casino China cuts the amount banks have to hold in reserve in a bid to boost its slowing |
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