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Blacks Leisure sees its losses greatly reduced, helped by a restructuring programme involving the closure of under-performing stores.

Glencore prices its long-awaited initial public offering at between 480p and 580p per share, valuing the company at about $61bn.

UK house prices fell by 0.2% in April but values are showing little momentum in either direction, the Nationwide says.

High Street retailer Next raises its profit forecast after the recent warm weather and royal wedding bank holiday boost sales.

Shares in casino operator Las Vegas Sands slump after company posts disappointing revenues, profits

The online music service makes it easier for users to manage their music on mobiles as it takes aim at some of iTunes huge market share.

Sony hires investigators to catch the culprits after 100 million online game users’ personal data was stolen.

Portugal’s caretaker prime minister Jose Socrates has announced that he has reached agreement on a bail-out from the EU and the International Monetary Fund.

New York says Japan’s Nissan Motor has won a contract to provide the next generation of the city’s ubiquitous yellow taxis.

Is the Asian Century becoming a reality or does it remain but a dream?

A week of industrial action by pilots at Air India has left hundreds of flights cancelled and thousands of passengers grounded.

The company known as the Facebook of China has its debut on New York Stock Exchange today.

Portugal has reached a deal on a bail-out from the EU and IMF, its caretaker prime minister announces.

Rupert Murdoch’s News Corporation and an Italian investment firm linked to Ferrari are working on a possible bid to take control of Formula 1.

Russia’s largest search engine, Yandex, confirms that it passed confidential data to the country’s state security service, FSB.

Chocolate maker Thorntons issues a profit warning after the hot weather over Easter leads to a sharp fall in sales.

US authorities sue Deutsche Bank for more than $1bn (£600m) alleging that it defrauded the US government.

China’s Facebook clone seeks a blockbuster listing in New York

Brazilian aircraft maker Embraer sees a big rise in first-quarter profits to $105.1m, despite a strengthening currency.

Legendary fashion designer Pierre Cardin says he is ready to sell his fashion house for about 1bn euros.