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Business news

  • Fed chief warns over banks bailout

    Federal Reserve Chairman Ben Bernanke testifies on Capitol Hill in Washington (AP)
    The big banks should be shut down if their actions threaten the financial system, the US Federal Reserve Chairman Ben Bernanke told a panel investigating the financial crisis.
  • 3G Capital set to buy Burger King

    Fast food chain Burger King is selling itself to private equity firm 3G Capital
    Fast food chain Burger King is selling itself to private equity firm 3G Capital in a deal valued at 3.26 billion US dollars (£2.1bn).
  • McBride posts record annual profits

    McBride said it fought off fierce competition from branded rivals after posting record annual sales and profits
    Private label household goods firm McBride said it had fought off fierce competition from branded rivals after posting record annual sales and profits.