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In Business News: Russia wants to buy both Czech Airlines and Prague Airport; the Czech Republic has one of the lowest shares of women in part-time jobs in the EU; Czech textile makers sign a copyright agreement with their Chinese counterparts; a new free newspaper will target business people; and a British TV ad for the Skoda Fabia wins industry awards.

In Business News this week: the lower house approves the basic parameters of the 2008 state budget, the Czech National Bank raises its inflation forecast for next year and the European Bank for Reconstruction and Development blows the whistle on aid to the Czech Republic.

In Business News this week: Czech firms are putting a lot more money into research and development following a change to the tax system; FDI flowing into the Czech Republic falls by half; a group of MPs from the two biggest parties want the government to consider building two more nuclear power stations; a report predicts huge growth in the IT sector - but will companies be able to find skilled workers?; Skoda is planning to make its Superb a little more superb.

In Business News this week: the Czech Republic gets an A1 rating in Moody's annual report; Tesco is the darling of the Czech 'Retailer of the Year' awards; shoplifting is costing Czech businesses billions of crowns annually; one in four Czechs is the owner of their own business, and wine consumption is on the increase in the Czech Republic - bucking the current European trend.

In business news this week: Labour Minister Petr Necas promises to reform the "demotivating" unemployment benefit system; a new report shows a sharp increase in the number of foreign-registered Czech companies; figures show the Czech antique market booming; the jewellery business records rising fortunes for gold after years of decline; and Czech insurers join forces against drivers with accident records.

In Business News this week: the profits of large industrial companies in the Czech Republic grow by 31 percent; the country falls in an international Doing Business survey - and is warned to reform its tax and legal systems; most construction firms in the Czech Republic admit to hiring illegal workers; Czechs get paid the second most per hour of all the countries which have joined the EU since 2004; and Skoda Auto opens the country's biggest company educational complex in Mlada Boleslav.

In Business News this week; the cost of electricity is set to rise by 10%; the Czech crown has a record-breaking week against both the euro and the dollar; the Czech Republic lags behind when it comes to claiming EU funds, and Czech Airlines has started offering low-cost tickets on many of its European flights.

In Business News this week: the EC recommends Czechs to slash deficit in public finances; Ceske Aerolinie records loss of 175 million crowns in the first half of this year; the Czech government launches privatisation of Letiste Praha; the energy power giant CEZ is to build power station in Vietnam in deal worth 3 billion dollars; and the number of Vietnamese doing business in Czech Republic is on the rise.

In Business News this week: the Labour Minister unveils plans to part-privatise the pension system; has the government started selling off shares in CEZ? The Finance Ministry predicts that next year's budget deficit will be below 3%; revenue from tourism rises in the first six months of this year; and Czech dairies have a tough time squaring up to foreign competition.

In Business News: uncertainty remains about when the Czech Republic will introduce the euro, after the government approved an adoption plan - without a target date; the central bank surprised many with a second quarter-point interest rate hike in two months; the average salary was 7.4 percent higher in the second quarter than in the same period in 2006; changes to the labour code are intended to increase flexibility; power giant CEZ hooks up with Hungary's MOL; and Ikea plans to double its regional presence over the next decade.