Business Startup & Accountancy Service News in Surrey & Croydon

Business

Mexican shakes up world rich listMexican Carlos Slim overtakes Bill Gates as the world's richest man, according to the Forbes "rich list", with a fortune of $53.5bn.
US reports record budget deficitThe US government records a budget deficit of $221bn (£147.6bn) in February - the largest monthly deficit in its history.
BA strike talks end without dealTalks between British Airways and Unite aimed at averting strike action by cabin crew break down without agreement.
UK snow insurance claims at £650mInsurers paid out £650m from 335,000 claims made as a result of damage caused by the wintry weather in the UK.
China denies World Cup sweatshopA Shanghai company denies it used sweatshop labour to produce World Cup mascots, as Fifa suspends its manufacturing contract.
China's exports see big increaseChina's exports surged 46% in February, figures show, raising hopes of a strong recovery in global trade.
Insurers 'face $7bn Chile bill'The earthquake in Chile may cost the global insurance industry as much as $7bn (£4.7bn), Swiss Re estimates.
Airlines offer to give up slotsBritish Airways, American Airlines and Iberia offer to give up take off and landing slots in London and New York, say EU watchdogs.
EU rule change 'may cut red tape'Small firms may be exempted from having to draw up and lodge annual accounts, after MEPs approve changes to European Union rules.
China to build Sri Lanka airportChina is to lend Sri Lanka just under $200m to build a second international airport in the south of the island.
German exports fall unexpectedlyGerman exports fell unexpectedly in January, with analysts saying that the cold weather that month was to blame.
EMI names ex-ITV boss as chairmanTroubled record company EMI - whose artists include Coldplay - has named former ITV boss Charles Allen as its new chairman.
Oil price fall hits Tullow profitOil firm Tullow says profits for 2009 fell by 93% but it is optimistic after major new discoveries in Uganda and Ghana.
Cathay Pacific returns to profitCathay Pacific reports a return to full-year profit as cost cutting and bets on the price of fuel pay off.

Surrey Accountancy Services News