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China's exports see big increase China'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 slots British Airways, American Airlines and Iberia offer to give up take off and landing slots in London and New York, say EU watchdogs. BA strike talks end without deal Talks between British Airways and Unite aimed at averting strike action by cabin crew break down without agreement. China denies World Cup sweatshop A Shanghai company denies it used sweatshop labour to produce World Cup mascots, as Fifa suspends its manufacturing contract. 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 airport China is to lend Sri Lanka just under $200m to build a second international airport in the south of the island. German exports fall unexpectedly German exports fell unexpectedly in January, with analysts saying that the cold weather that month was to blame. EMI names ex-ITV boss as chairman Troubled record company EMI - whose artists include Coldplay - has named former ITV boss Charles Allen as its new chairman. Oil price fall hits Tullow profit Oil firm Tullow says profits for 2009 fell by 93% but it is optimistic after major new discoveries in Uganda and Ghana.