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Real Madrid First Sports Club to Cross €500m in Annual Revenue

Combined revenues of world's 20 highest earning football clubs grew 10% to €4.8bn in 2011/12, says Deloitte.

Burger King pulls products after horsemeat scandal

Burger giant, Burger King, has announced it will pull all its beef burgers from public sale which were supplied by Silver crest meat processing plant in Ireland,

Japan Posts Largest Ever Trade Deficit of £49 Billion in 2012 as Exports Suffer

Japanese 10,000 yen notes spread out next to U.S. dollar bills

Japan records annual deficit of 139.7bn yen with the EU while its trade deficit with China doubles to record 3.52tn yen.

South Korea's Growth Picks Up but at Three-Year Low in 2012

Asia's fourth largest economy posts weaker-than-expected GDP figures as lower external demands hurt growth.

More news

WEF: Russia's Medvedev worried by financial crises

It's not often you hear the Russians talk about being worried and although he looks much more smiley than concerned here - a furrowed brow sentiment is just what the country's Prime Minister revealed today at the World Economic Forum in Davos.

Flybe Plans to Cut 300 Jobs in UK to Slash Costs

Flybe to cut 10 percent of its workforce in the UK to turn around the struggling business.

Bank of England Minutes Reveal End May Be Near for QE

Monetary Policy Committee meeting showing preference for Funding for Lending Scheme to stimulate UK economy.

UK November Unemployment Rate Falls to 7.7% [VIDEO]

ONS data also shows employment rate rising despite weak UK economy.

WH Smith Group Profit Improves Despite Sales Decline

WH Smith says margin growth and cost cutting help to underpin profits.

UK unemployment down by 0.1% to 7.7%

There are now 29.68 million people in work in Britain according to the new figures released by government body, the Office of National Statistics.

TUI AG Shares Tumble After TUI Travel Merger Ruled Out

TUI AG said in statement it would not make an offer for Europe's largest tour operator, TUI Travel, in which it holds a majority stake.

World Economic Forum Meeting opens in Davos

World Economic Forum discusses global, regional and industry agendas to shape world.

Unilever Shares Hit Record High After Profits Rise and Sales Pass €50bn

Emerging market sales now more than half of total revenues for second-largest consumer brands group

BHP Billiton's Iron Ore Output Continues to Surge on Rising Chinese Demand

BHP Billiton's iron ore production rises to 3 percent in the second quarter contributed by improved Chinese demand.

Rolls-Royce has said it is in consultation with trade unions over job cuts in its defence workforce at its Ansty plant (Reuters)

Rolls-Royce ‘to Cut Nearly 400 Jobs at Coventry Plant Before Compete Closure'

Unite claims nearly 400 jobs at risk due to scale-back of Ansty operation.

European Shares Dip After Bank of Japan Delay, EU Tax Proposal

Stock markets post modest declines as bond and currency traders prepare for David Cameron's key EU speech in London

EU Green Light to Pursue Financial Transaction Tax

France and Germany among 11 countries to design regional 'Tobin Tax' after EU finance ministers give majority support.

German Investor Sentiment Nears 3-Year High in January

German economy is expected to grow at a moderate pace in 2013 due to weakness in its important trade partners.

FSA Insider Dealing Probe: Five Arrested in Market Abuse Crackdown

A mixture of men and women were arrested this morning in connect to a big insider dealing FSA investigation

SABMiller Global Lager Volumes Rise Amid China Sales Dip

Peroni and Grolsch brewer SABMiller says in interim management statement lager sales up 2 percent year-on-year in third quarter.

UK Adds £15.4 Billion to Public Debt Pile in December

Public debt as a portion of GDP now 70.7 percent, reports Office for National Statistics.

Libor Fixing and Mis-Selling Derivatives: Barclays Staff Lose Anonymity in Guardian Care Homes Case

Anonymity request by Barclays employees linked to the Libor fixing settlement with regulators is dismissed in benchmark test case.

Ocado Shares Surge After Group Names Former M&S Boss Stuart Rose Chairman [VIDEO]

Rose will replace outgoing chairman Michael Grade.

China energy authority drafting shale gas development plan -NDRC

Chinese Firms to Invest £1.3 Billion in Shale Gas Exploration

China has stepped up its efforts to boost shale gas production domestically, allotting more blocks for exploration.

Global Unemployment Set to Hit Record High in 2013, Says ILO

Youth unemployment stands at 12.6% with 74 million people in the age group of 15 -24 remain unemployed.

Bank of Japan Hikes Inflation Target to 2% and Adopts Open Ended Asset Buying

The BoJ relents to government demands and resorts to US Federal Reserve-style asset purchase plans.

Ocado shares up as former M&S boss joins board

The numbers of us doing our grocery shop online is soaring and one company that's benefitting from that growth is Ocado.

Sweden's Ikea Gets Approval to Open Stores in India

Ikea plans to open 25 stores in India with investment of nearly $2bn over next 15 to 20 years.

Find Invest Grow: Help UK Angel Investors and Start-ups Heal Economy

Find Invest Grow calls for tax relief extension among other ideas in new manifesto.

European Shares Nudge Higher Ahead of Bank of Japan Decision, Key UK Data

US markets closed for Martin Luther King holiday keep traders on the sidelines as investors await Bank of Japan policy decision.

Barclays Loses Wealth and Investment Management Chief Andrew Tinney

Andrew Tinney resigns from Barclays wealth management unit amid management shake-up.

Visitors are reflected in window of the congress center, venue of the World Economic Forum (WEF) in Davos

Davos: World Economic Forum Index Shows Improved Global Confidence

North America marks most improvement in confidence followed by Europe and Asia.

Tennis Anyone? Britain's Tax Debate Needs a 'Hawk-Eye' Replay

Britain's tax code is both hopelessly complicated and deeply subjective. Clearer rules - not "public mood" - are the best way ensure fairness for everyone.