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Banks' Q1 commodities revenue down 54 pct year-on-year -study
ReutersMay 15 (Reuters) - Commodities revenue at the world's 10 largest investment banks fell by more than half in the first quarter of this year versus the same period of 2012 due to lower market and client activity, analytics firm Coalition said on Wednesday....Tags: Investment Service
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HSBC may cut 14,000 more jobs as revenue faces pressure
ReutersHONG KONG/LONDON (Reuters) - HSBC will redouble cost-cutting efforts, including axing up to 14,000 more jobs, but Europe's largest bank was forced to soften a key performance target in the face of muted revenue. London-headquartered HSBC is seeking up to...Tags: China, Investment Service, Business Enterprises, Hong Kong, Banking
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Statoil to call tender for carbon capture technology
Reuters* Statoil plans to award contract in 2014 * Five companies took part in pre-qualification * Parliament expected to decide in 2016 OSLO, May 15 (Reuters) - Norwegian oil and gas firm Statoil will call a tender in the coming weeks to acquire technology...Tags: Siemens, Royal Dutch Shell Plc, Parliament, Mitsubishi Heavy Industries Limited, Heavy Engineering
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COLUMN-Weak yen a boon for investors, not Japan: James Saft
Reuters(James Saft is a Reuters columnist. The opinions expressed are his own) By James Saft May 14 (Reuters) - Buy Japanese stocks if you must but don't expect Abenomics and the fall of the yen to revitalize Japan's economy. The yen has fallen by more than...Tags: Mutual Funds, Donovan, Physical Conditions, Marketing, Shinzo Abe
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Ireland to review tax on oil, cautious on Norway-style rate
Reuters* Committee recommends 25-40 pct rate be doubled * Interest increasing in country's oil potential * Energy minister says must be realistic about prospects DUBLIN, May 14 (Reuters) - Ireland's energy minister launched a review of the country's low tax...Tags: Upstream Oil and Gas Activities, Energy Resources, Physical Fitness and Exercise, Exxon Mobil Corporation, Parliament
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Manchester Starbucks Sells For $1.38 Million
The Hartford CourantA national real estate investment firm has purchased the Starbucks coffee shop on Spencer Street for $1.38 million. The buyer, Agree Manchester LLC, is a subsidiary of Michigan-based Agree Realty Corp. Robert Cohon, a company representative, said Tuesday...Tags: Realty, Real Estate Buyers, Starbucks Corp., Real Estate Sellers, Agree Realty Corporation
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Factbox: Treasury's tools to delay hitting debt limit
Reuters(Reuters) - The budget deficit is shrinking more quickly than previously estimated, the Congressional Budget Office said on Tuesday, which will likely help postpone the effective deadline for raising the debt limit. The revised estimate from the non-...Tags: Employees, Jack Lew, Public Finance, Financial and Business Services, Securities
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Families edging out private equity in consumer deals
ReutersBy Anjuli Davies LONDON, May 14 (Reuters) - From ketchup to hot drinks, family-run investment firms are shaking up the consumer deals market, squeezing out private equity players and forcing them to change strategy. Families, some of whom made their...Tags: Reckitt Benckiser, Companies and Corporations, Thomson Corporation, Finance, Ketchup
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Sharp reshuffles management, sees profit as it adjusts products, cuts costs to slash losses
AP Business WriterTOKYO (AP) — Japanese electronics maker Sharp Corp. named a new president Tuesday, reshuffling its top management to help restore profitability after reporting a record loss. The Osaka, Japan-based maker of Aquos TVs said that Kozo Takahashi,...Tags: Foreign Exchange Market, Science and Technology, Sharp Corp, Samsung Group, South Korea
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Bloomberg in damage-control mode over client snooping
Officials at Bloomberg, the New York financial news and information service, scrambled to deal with an unfolding customer privacy scandal after admitting its journalists had snooped on business clients for years through its network of terminals ubiquitous...
Tags: Central Bank, Thomson Corporation, Finance, U.S. Department of the Treasury, U.S. Securities and Exchange Commission
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DEALTALK-Kirkland builds leading M&A practice on big hires, deals
ReutersBy Soyoung Kim NEW YORK, May 13 (Reuters) - The $23 billion sale of ketchup maker H.J.Heinz Co to Berkshire Hathaway Inc and buyout firm 3G Capital, Avis Budget Group's takeover of Zipcar, and the $6.9 billion leveraged buyout of BMC Software , have one...Tags: Justice System, OfficeMax Inc., Thomson Corporation, Restructuring and Recapitalization, Office Depot Inc.
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Kirkland builds leading M&A practice on big hires, deals
ReutersNEW YORK (Reuters) - The $23 billion sale of ketchup maker H.J.Heinz Co to Berkshire Hathaway Inc and buyout firm 3G Capital, Avis Budget Group's takeover of Zipcar, and the $6.9 billion leveraged buyout of BMC Software , have one common link: Kirkland...Tags: Justice System, OfficeMax Inc., Thomson Corporation, Restructuring and Recapitalization, Office Depot Inc.
May 15, 2013
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May 15, 2013
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May 15, 2013
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May 14, 2013
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May 14, 2013
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May 14, 2013
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May 14, 2013
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May 13, 2013
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May 14, 2013
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May 14, 2013
|Story| Los Angeles Times
May 13, 2013
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May 13, 2013
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