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Site: BBC News | Business | World Edition

11/3/2010, 11:26

Mexican shakes up world rich list.

Mexican Carlos Slim overtakes Bill Gates as the world's richest man, according to the Forbes "rich list", with a fortune of $53.5bn.

US reports record budget deficit.

The US government records a budget deficit of $221bn (£147.6bn) in February - the largest monthly deficit in its history.

BA strike talks end without deal.

Talks between British Airways and Unite aimed at averting strike action by cabin crew break down without agreement.

UK snow insurance claims at £650m.

Insurers paid out £650m from 335,000 claims made as a result of damage caused by the wintry weather in the UK.

China denies World Cup sweatshop.

A Shanghai company denies it used sweatshop labour to produce World Cup mascots, as Fifa suspends its manufacturing contract.

China's exports see big increase.

China's exports surged 46% in February, figures show, raising hopes of a strong recovery in global trade.

Insurers 'face $7bn Chile bill'.

The earthquake in Chile may cost the global insurance industry as much as $7bn (£4.7bn), Swiss Re estimates.

Airlines offer to give up slots.

British Airways, American Airlines and Iberia offer to give up take off and landing slots in London and New York, say EU watchdogs.

EU rule change 'may cut red tape'.

Small firms may be exempted from having to draw up and lodge annual accounts, after MEPs approve changes to European Union rules.

China to build Sri Lanka airport.

China is to lend Sri Lanka just under $200m to build a second international airport in the south of the island.

German exports fall unexpectedly.

German exports fell unexpectedly in January, with analysts saying that the cold weather that month was to blame.

EMI names ex-ITV boss as chairman.

Troubled record company EMI - whose artists include Coldplay - has named former ITV boss Charles Allen as its new chairman.

Oil price fall hits Tullow profit.

Oil firm Tullow says profits for 2009 fell by 93% but it is optimistic after major new discoveries in Uganda and Ghana.

Cathay Pacific returns to profit.

Cathay Pacific reports a return to full-year profit as cost cutting and bets on the price of fuel pay off.

Photographer Annie Leibovitz snaps up debt rescue deal.

Photographer Annie Leibovitz does a deal with Colony Capital to clear huge debts that meant she may have lost her library of famous pictures.

Toyota rejects electronics fears.

Toyota rejects claims that faulty electronics could be behind its worldwide recall of more than eight million cars.

Car sales see continued recovery.

UK car sales in February were up by 26.4% compared with the same month last year, industry figures show.

Pompey axe 85 jobs to cut costs.

Administrators at Portsmouth FC start to make employees redundant, with 85 people losing their jobs.

£10m to get students into sport.

Universities are to be given £10m of National Lottery money to encourage more students to get involved in sport.

Guidelines for financial journalists.

no summary/geen samenvatting.

The Latin web.

Brazil exploits potential as web use spreads

Tough task.

Economic challenge for new president in quake-hit Chile .

Bright ideas.

Why intellectual property is not a luxury

Independent day.

The Independent could be free under a new owner

High flyer.

The extra ordinary life of the man from the Pru

Dotcom Crash.

10 years on from the burst Nasdaq bubble

UK economy 'still growing weakly'.

The UK economy grew by 0.3% in the December to February period, says the National Institute of Economic and Social Research.

UK industrial output falls back.

Industrial production in the UK fell unexpectedly in January, dropping by 0.4% form December, official data has shown.

Economic storm not over, says PM.

Gordon Brown warns of economic storms ahead but vows not to "let you down" as the date of the Budget is announced.

Banks face harsher stress tests.

Further stress-testing of UK banks will take place to ensure they can survive a 'double-dip' recession, regulators say.

Smaller losses at Northern Rock.

Northern Rock says that it made "good progress" in 2009, after reporting a sharp fall in its annual losses.

British Gas faces strike ballot.

British Gas workers are to vote in a strike ballot over allegations of bullying by management, and on changes to working conditions.

SA starts World Cup countdown.

With 100 days to the World Cup, South Africans talk about their hopes and fears for the tournament

Zimbabwe move on firms' ownership.

A Zimbabwean law that forces companies to sell a majority stake in their businesses to indigenous people comes into effect.

Northrop and EADS exit tanker bid.

Northrop Grumman and EADS pull out of bidding for a $35bn US Air Force air-to-air refuelling tanker contract.

US borrowing rises unexpectedly.

Borrowing by US consumers rose for the first time in a year in January according to figures released by the Federal Reserve.

Shell in joint bid for gas firm.

Royal Dutch Shell and PetroChina launch a joint takeover bid for Australian liquefied natural gas group Arrow Energy.

Fujitsu row over boss's departure.

Shares in Fujitsu fall 2.7% due to a dispute with its former president over the reason for his resignation last year.

Obama backs Greece on speculators.

President Barack Obama has 'responded positively' to calls to clamp down on market speculators, says the Greek PM after talks.

Legoland firm sees more visitors.

Madam Tussauds, Sea Life and London Eye owners, Merlin, weathers the downturn with visitor growth and expansion plans.

EU: Settlement goods not Israeli.

The European Court of Justice rules that Israeli goods made in Jewish settlements cannot be considered Israeli.

Iraq given its largest IMF loan.

The IMF is to lend Iraq $3.6bn to rebuild its infrastructure as low oil prices slash its revenue.

India's Essar 'planning UK float'.

Indian conglomerate Essar Group is reported to be planning to float on the London Stock Exchange, a move that could raise up to $3bn.

India to review economy stimulus.

India's government unveils its annual budget, saying that stimulus measures introduced to boost growth must be reviewed.

Warning on packaged bank accounts.

Bank accounts which charge fees for extra benefits may be being mis-sold, the Financial Services Authority has warned.

Banking fraud 'moves to internet'.

Fraudsters are continuing their switch from traditional card fraud to raiding online bank accounts, research suggests.

Payment protection rules delayed.

The Financial Services Authority is delaying its plans to combat the mis-selling of payment protection insurance.

Standard Life enjoys profit boost.

Insurance firm Standard Life reports better-than-expected profits and unveils plans for a further cost-cutting.

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