Mexico has taken out a $1bn insurance policy against oil prices falling next year, a clear signal that commodities producers remain wary about the threat of a double-dip recession.The world’s sixth largest oil producer said on Tuesday that it had he
The New York Times said advertising trends had improved in the fourth quarter and that it expected a less severe 25 per cent decline in print advertising revenue and a 10 per cent improvement from online ad sales.“While the print advertising market
The Stuttgart board opted to give head coach Markus Babbel the sack on Sunday morning following the club's disappointing results so far and the Schwaben presented Christian Gross as their new head coach only hours later. I'm delighted to be here. It
LONDON - House prices have risen for a fifth month, jumping 1.4 percent in November from October, a key survey from home-loans provider Halifax showed on Tuesday. However the lender -- part of state-rescued Lloyds Banking Group -- predicted that pr
Heineken has settled a legal dispute with India’s powerful drinks baron Vijay Mallya, paving the way for the Dutch brewer to build up its currently negligible presence in the fast-growing and still underdeveloped Indian beer market.Under an agreemen
JOHANNESBURG - When South Africa won the 1995 rugby World Cup just after apartheid, the new president Nelson Mandela donned a jersey and won over a sceptical white population in a symbol of unity for the young democracy. South Africa will relive th
WELLINGTON (AFP) - An HIV-positive man in New Zealand has admitted injecting his blood into his sleeping wife and infecting her with the virus which can cause AIDS, a newspaper reported Sunday. It is believed the man wanted to give her the disease s
The new NI Education and Skills Authority (ESA) has cost £7m of public money despite not officially existing.The new body was supposed to replace the existing education and library boards on January 1 but a political row has prevented its crea
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