Cautious investors should wait before they dive into this latest bond sector
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Monday 11 October 2010
Virgin Galactic's space tourism rocket SpaceShipTwo achieved its first solo glide flight, marking another step in the company's eventual plans to fly paying passengers.
Sunday 10 October 2010
Monday 04 October 2010
At the beginning of the year, Ireland was the poster child for the merchants of austerity. While the people of Greece seemed either unable or unwilling to accept massive cuts in public spending, the Irish stoically accepted their fate, resigned to a prolonged period of self-flagellation.
Thursday 16 September 2010
Japan has poured more than 1 trillion yen into the foreign exchange markets to pull down the value of its currency, whose strength has threatened to undermine the country's economy.
Saturday 04 September 2010
A banana glut and rising costs reduced first-half profits at Fyffes, the tropical fruits distributor.
Tuesday 24 August 2010
The US federal job safety agency fined SeaWorld Orlando 75,000 US dollars for three violations uncovered while investigating the February death of a trainer who was grabbed by a killer whale and dragged underwater.
Wednesday 04 August 2010
BP said today that its "static kill" operation to begin permanently shutting off the Gulf of Mexico oil well had been a success.
Tuesday 27 July 2010
BP's new chief executive today pledged to put the oil giant "on the road to recovery" as it reeled under a 32.2 billion US dollar (£20.8 billion) blow from the Gulf of Mexico disaster.
Tuesday 29 June 2010
The American engineering company CHM Hill confirmed an offer for its UK peer, Scott Wilson, after making an audacious attempt to block a bid from a US rival.
Wednesday 23 June 2010
Under-fire BP boss Tony Hayward today handed over day-to-day control of the Gulf of Mexico crisis as the oil giant set up a new division to manage the spill.
Tuesday 22 June 2010
Environmental protesters disrupted an oil industry conference today but failed in their efforts to ambush BP's under-fire chief executive Tony Hayward.
Monday 21 June 2010
China has signalled that it may adopt a more flexible exchange rate for its currency, ending its two-year policy of pegging the yuan to the US dollar.
Wednesday 02 June 2010
Insurer Prudential was left with a £450 million bill today after its £24 billion Asian adventure came to a humiliating end.
Thursday 13 May 2010
Marks and Spencer has agreed a pension funding package worth £800m in an attempt to close the scheme's deficit. The group's defined benefit scheme, which has 123,000 members, faced a £1.3bn shortfall when its last valuation was carried out at the end of March last year. In order to close this, M&S has agreed to pay in an additional £376m between now and 2018.
Wednesday 05 May 2010
Insurance giant Prudential today suffered a setback in its launch of a record 21 billion US dollar (£13.8 billion) fundraising and mammoth Asian takeover.
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