Wella minority shareholders demand EGM Minority shareholders in Wella, the German haircare group that Proctor & Gamble acquired for €5.5bn, demanded an extraordinary general meeting in an effort to obtain more money.
08:55 | Read
Wall Street was expected to open marginally higher following the previous session's sell-off, but with little economic news to drive the market, momentum was unlikely to be sustained.
12:48 | Read
EUROPEAN EQUITIES European bourses climb off session lows European stock markets remained weaker but climbed off their lows after an initial bout of profit taking gave way to expectations for a higher higher open on Wall Street later.
13:10 | Read
Book serialisation
A Washington initiation Robert Rubin left Wall Street to become a key adviser to Bill Clinton on economic policy. In the first of two extracts from his new book, he recalls the birth of the doctrine that came to be known as Rubinomics. Nov 9 2003 | Read
Gordon Brown, the UK finance minister, last week put the boot into the economy of the eurozone. Europeans were rigid and inflexible, unable to solve their economic he wrote.
Nov 9 2003 | Read
During his recent trip to Asia, President George W. Bush sought support for the Iraq occupation. He also embraced the Philippines' fight in Mindanao as as America's.
Nov 9 2003 | Read
Countries in sub-Saharan Africa that make every smart economic move will almost certainly remain crushingly poor unless there is much more help from the rest of the world, says Michael Weinstein, director of programs at The Robin Hood Foundation.
Nov 9 2003 | Read
Rival threatens Chicago's pits Eurex’s plans for an all-electronic competitor to the Merc and CBOT exchanges may end 'open outcry' trading but some traders believe certain trades are beyond the reach of computer algorithms. 20:45 | Read
Timing crisis grips pension funds The world's top pension fund consultants are holding urgent talks with the fund managers they recommend in a bid to establish the impact of the market timing scandal engulfing the US mutual fund industry. 19:18 | Read