HSBC has reported writedowns of £17.2 billion for 2007 in a year of "extraordinary strain" according to the bank's chairman. Full Story
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Three directors have defended their involvement in a project documenting preparations for the Beijing Olympics after Steven Spielberg's resignation. Full Story
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Snowstorms in China have claimed 129 lives and cost the country 151.65 billion yuan (£10.6 billion) in economic losses, according to their government. Full Story
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