Cache-Control: max-age=3600, must-revalidate Date: Sun, 08 Feb 2009 00:44:50 GMT Expires: Sun, 08 Feb 2009 01:44:50 GMT Last-Modified: Mon, 16 Jan 2006 14:56:43 GMT

Business

School fee inflation 'slows down'

The rapid rise in private school fees has slowed over the past 12 months, according to the Halifax bank.

Toshiba to make Microsoft's Zune

Microsoft says Japanese firm Toshiba will make its Zune portable music player, due out later this year.

US sets hearing on stock options

The US Senate is to investigate stock options and executive pay at a hearing in early September.

Former Ukraine PM is jailed in US

The US jails former Ukraine Prime Minister Pavel Lazarenko for nine years for fraud and other offences.

Fed chief warns on protectionism

US Federal Reserve chief Ben Bernanke warns of the threat posed to global economic growth by protectionism.

China seals oil deal with Chavez

China secures a major energy deal during a state visit to the country by Venezuelan President Hugo Chavez.

Jewish claim hits German retailer

A German official body rules against retail giant Karstadtquelle in a dispute over confiscated Jewish property.

Friendly Society is fined £55,000

The Financial Services Authority (FSA) has fined the Foresters Friendly Society for publishing misleading adverts.

Merger creates Italian bank giant

Italy's largest bank will be formed in a 55bn euro merger between Banca Intesa and rival Sanpaolo.

Gym members 'throw in the towel'

Gym and health club membership declined in the first six months of the year, a survey says.

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