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Telefónica reports flat profits
Spain’s Telefónica reports flat nine-month profits with strength in Latin America helping to offset weakness in its domestic market
Weak oil prices hit Repsol results
Spanish oil group Repsol’s third-quarter operating profit more than halves from a year earlier on weak refining margins and market prices
Vivendi set to take control of GVT
Vivendi, Europe's largest entertainment group, last night said it was poised to take control of GVT, the Brazilian broadband operator, after outbidding Telefónica...
Lex: Bear Stearns
With the acquittal of two former Bear Stearns hedge fund managers, it is back to the drawing board to find Wall Street villains to convict
Barrick Gold remains wary amid price rises
As gold crept towards a new record price the chief executive of the world’s largest gold miner cautioned that the yellow metal remained susceptible to sell-offs
Profits fall at InterContinental Hotel Group
A strong performance at the company’s Park Lane hotel brightens otherwise grim third-quarter figures in a ‘challenging’ trading environment
Lex: US bank regulation
Among possible options, the White House has indicated a willingness to consider the more dramatic solution of one über-regulator
Lex: Telefónica / GVT
The Spanish company uncorked a surprise by raising its offer for the Brazilian fixed-line company in a move to outmanoeuvre rival Vivendi
Telefónica raises GVT offer
French and Spanish telecom rivals in battle for Brazilian fixed-line operator
Gold Oil seeks partners to develop Peru find
Gold Oil is looking for partners to help it develop an oil discovery off the coast of Peru, where it has already identified six drilling leads it believes could have significant commercial potential
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