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World Business News: BBC Business News

AUDIO: HMRC targetting online traders

HMRC is target ting people who use sites such as eBay and Amazon to sell items online at a profit.

Facebook share sale approaches

Facebook shares will begin trading in New York on Friday in one of the most eagerly anticipated share flotations in recent stock market history.

Cairn shareholders rebel on pay

Shareholders at the Edinburgh oil and gas exploration firm Cairn Energy rebel against top executive pay.

Buffett in newspaper investment

Berkshire Hathaway, the holding company of legendary investor Warren Buffett, invests in 63 local newspapers in the south-eastern US.

More households in fuel poverty

Gas and electricity price rises at the end of last year are expected to have pushed 400,000 more households in England into fuel poverty.

Wall Street Journal

Japan's Biggest Bank Freezes Transactions With Iran

In an action unrelated to U.S. sanctions against Tehran, Bank of Tokyo-Mitsubishi UFJ said it has frozen financial transactions with Iran's…

Bids for ING's Asian Life Insurance Due Friday

Some of the world's biggest insurers are expected to make offers for ING Groep's Asian life-insurance arm by Friday, in an auction that could give…

Facebook to Set Final IPO Pricing

Facebook is nearing the last step before its landmark initial public offering by finalizing the price for its shares later Thursday.

Toshiba Targets Big Profit Gain

Toshiba said it would target emerging markets in a drive to double its operating profit to about $5.5 billion over the next three years.

China Is Now Top Gold Consumer

China took over from India as the world's top consumer of gold in the first quarter, cementing expectations that China will be the dominant buying…

FT Business News

Shareholders turn against Cairn and Pru

Prudential and Cairn were the latest FTSE companies to suffer large revolts against executive pay at shareholder meetings

Mexico bribery probe fails to damp Walmart

US retailer reports better than expected sales and profits amid investigations and a lawsuit over allegations of bribery in Mexico

Spain denies bank run reports

Spanish government has been forced to deny reports that up to €1bn was withdrawn from Bankia in the last week, helping shares off lows

Claims data temper US jobs sentiment

First-time claims for unemployment insurance holdsteady at 370,000, tempering recent positive sentiment surrounding the US jobs market

Bankia hit by report of withdrawals

Part-nationalised lender’s shares placed ‘under auction’ by regulator after it loses more than a quarter of its market value in Madrid

Canon Cuts Outlook on Thai Floods

Google Buys Motorola