| Rio Tinto announces Chinese deal Rio Tinto says it has signed a deal with China to develop a massive iron ore project in Guinea.  BA strike talks to resume later Talks between British Airways and the Unite union aimed at averting strike action will resume on Friday morning. Blacks snubs Sports Direct bid Blacks Leisure dismisses a tentative takeover offer from Sports Direct as "wholly inadequate". Deutsche Bahn confirms Arriva bid Deutsche Bahn, the German national rail company, has confirmed its bid for Arriva, the UK transport group. Drugs giant Teva buys Ratiopharm Israeli generic drugs giant Teva buys German firm Ratiopharm for 3.6bn euros (£3.2bn, $4.9bn). UK borrowing less than expected UK borrowing could be less than forecast this financial year after better-than-expected February figures and revised January data. US consumer prices show no rise US consumer prices showed no increase between January and February, according to Labor Department figures. Dragon breathes fire at non-doms Duncan Bannatyne accuses fellow dragon and non-dom James Caan of having an "unfair" advantage in business. Siemens announces 4,200 job cuts The industrial giant Siemens says it is cutting more than 10% of its IT workforce, but also promises extra investment. Erotic filmgoers must pay full tax, EU court rules A Belgian sex shop owner attempting to cut the VAT bill for his film screenings under cultural exemptions is told by the European Court of Justice that solo viewings are excluded. News Wizard |