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GE could sell appliances unit

General Electric is considering putting its appliances unit up for sale in a move that could raise some $7bn and sever century-old links with one of GE’s original businesses

K+S profits set to triple after food crisis

Europe’s largest producer of potash said profits should triple this year as demand for fertiliser rose on the back of food shortages

Debt paydown helps bolster Barratt

There was a rare sigh of relief in the housebuilding sector as Barratt reported reservations were down by only one-third and eschewed a rumoured rights issue

Rio looks to China to develop Africa mine

Rio Tinto is seeking partnerships with Chinese steel and construction companies to help develop a $6bn (£3.08bn) West African iron ore mine

ArcelorMittal confident after rise in profits

The world’s biggest steelmaker, came out with an upbeat projection for the steel industry for the rest of the year, after announcing a 5.4 per cent rise in net income in the first quarter

Deere warns amid higher raw material costs

Deere & Company warned on future earnings in spite of reporting record profits on the back of the boom in agricultural commodities and strong international growth helped by the weak dollar

Redrow’s sales fall by a half

Housebuilders lose further ground as FTSE 250’s smallest developer’s trading update is among the sector’s gloomiest

Fast food boom lifts Enodis

Underlying profits up 9 per cent to £32.9m on revenues up 8 per cent to £395m amid resilient growth in US

Buoyant update boosts ENRC

Shares in Eurasian Natural Resources Corp yesterday climbed to their highest price since the December listing after it announced strong production figures and walked...

Editorial Comment: Food investment, not imperialism

There is a risk powerful nations will use aggressive foreign policies to secure food supplies and exclude competitors, but it has not arrived yet

Shipping rates near record levels

Darling fires first shot in CAP battle

Margins squeezed at Smurfit Kappa

Mentor in hostile bid for Flomerics

Kazakhmys dismisses ‘derisory’ £7bn offer

TDG seeks to resolve ownership

Forestry sector stands tall amid surging growth

Poultry import dispute endangers trade forum

CRH set to miss earnings growth target

Italy’s packaging valley wraps up new markets

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