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Sahara severs all £285m ties with Indian cricket

By Sagar Sambrani, Kolkata It was announced yesterday by Sahara boss, Subrata Roy, that the firm has ended all ties with the Board of Control for Cricket in India (BCCI). Sahara, which has sponsored the national cricket team for 11 years and owned the IPL Pune Warrior franchise for the last year, has left after […]

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New violence threatens Egypt’s fragile stability

By Naila Missous Egyptian football fans and politicians have vented their anger at the ruling army for failing to prevent one of the worst football riots to ever take place, leaving 74 people dead. It has been claimed to be the worst violence since Hosni Mubarak was ousted as president a year ago. It has raised fears that […]

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Shell profits soar 54% to $28.6bn

By Alex Jones Royal Dutch Shell have announced profits of $28.6bn (£18bn) for 2011, an increase of 54% on last year. This amounts to an astonishing £2m made in profit every hour. Their success in 2011 came as oil prices rocketed once more despite poor margins in the Anglo-Dutch companies refining business where production fell by over 3%. […]

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The perfect Valentine’s Day gift for £1.99… from Lidl

By Simon Farnsworth Valentine’s Day is on the horizon and as millions of men fret or forget about what to get their loved ones, Lidl may have found the perfect solution. Yes, Lidl. All you have to do is ask yourself: do I buy £1.99 perfume from Lidl for my girlfriend this Valentine’s Day? Instantly […]

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Facebook prepares to float on NYSE

By Dave Burridge In the coming few days Facebook is expected to float on the New York Stock Exchange (NYSE). It is expected to raise around $5billion. Whilst more has been raised by other companies in the past, this is still one of the biggest flotations in history. Mark Zuckerburg currently has over 50% voting […]

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Djokovic beats Nadal in thrilling Australian Open final

By Josh Wells Novak Djokovic overcame Rafael Nadal in a thrilling five set match in the final of the Australian Open today. The battle was thrashed out for nearly six hours by two masters of the game. The game ebbed and flowed with the momentum shifting from one to another. The world number one and […]

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Spanish unemployment rises to 22.8% with youth unemployment at 51%

By Simon Farnsworth Over five million people are now unemployed in Spain, according to figures released by the National Statistics Institute today. The unemployment rate rose to 22.8% in the fourth quarter of 2011- a 17 year high. Spain’s economy has been in free-fall since the property market collapsed in 2008. Now, Spain has the highest unemployment rate […]

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UK economy shrinks 0.2%

By David Burridge It has been announced that the UK economy shrank 0.2% in the fourth quarter of 2011. In the same way that last year ended with a negative outlook so it seems this one begins. It should however be remembered that a recession is two consecutive quarters of negative growth in output so that is […]

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Why the world is still in love with Sherlock Holmes

By Chloe McKay When Sir Arthur Conan Doyle let Sherlock and Watson run riot across his Victorian imagination the world could not have been more delighted. Holmes and his trusty Doctor Watson have had many incarnations over the years from Jeremy Brett to Robert Downey Jr. with the most recent being Benedict Cumberbatch’s Sherlock for […]

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Hugo leads the way with 11 Oscar nominations

By Natalie Clark Yesterday, the whole of Hollywood held it’s breath as the nominations for the 84th Academy Awards were announced. The silent movie that made all the noise at Golden Globes, The Artist, scooped an impressive ten nominations. However, it was Martin Scorsese’s Hugo that stole the show with eleven nominations. The two films […]

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