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  • Telefónica seeks O2 engagement

    Telefónica seeks O2 engagement

    January 21, 2015 Harry Joiner
    Concerns rise about owning a shrinking mobile-only business as rivals bolster broadband and TV Source: Companies
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    January 21, 2015Telefónica seeks O2 engagement
    Obama Seeks to Burnish His Climate Legacy, But Will His Oil and Gas Policies Haunt Him?

    Obama Seeks to Burnish His Climate Legacy, But Will His Oil and Gas Policies Haunt Him?

    January 21, 2015 Harry Joiner
    In at least three previous State of the Union speeches, President Barack Obama placed great emphasis on his "all of the above" energy strategy — one that includes both aggressive pursuit of…
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    January 21, 2015Obama Seeks to Burnish His Climate Legacy, But Will His Oil and Gas Policies Haunt Him?
    Windows 10's Cortana: A Solution Without A Problem?

    Windows 10's Cortana: A Solution Without A Problem?

    January 21, 2015 Harry Joiner
    A large focus of Microsoft's press event today other than high-concept holograms and Windows 10 itself was the personification of the OS, Cortana. We've seen the Halo-themed AI (complete with original…
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    January 21, 2015Windows 10's Cortana: A Solution Without A Problem?
    Microsoft Augments Reality With Windows Holographic

    Microsoft Augments Reality With Windows Holographic

    January 21, 2015 Harry Joiner
    Microsoft debuted its new augmented reality tech at the Windows 10 live event today. Source: Technology
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    January 21, 2015Microsoft Augments Reality With Windows Holographic
    With Windows 10 You Can Stream Any Xbox One Game To Your PC Or Tablet

    With Windows 10 You Can Stream Any Xbox One Game To Your PC Or Tablet

    January 21, 2015 Harry Joiner
    Xbox One users are gaining the ability to stream any Xbox One game to an in-network tablet or PC running Windows 10. Source: Technology
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    January 21, 2015With Windows 10 You Can Stream Any Xbox One Game To Your PC Or Tablet

Taiwan's Wei family to buy cable TV operator CNS for $2.4 bln -source

August 24, 2014 by Harry Joiner - Add Comment
HONG KONG, Aug 24 (Reuters) – Taiwan’s Wei family has agreed to buy China Network Systems (CNS), the nation’s biggest cable TV operator, for about $2.4 billion including debt from private equity firm MBK Partners, a person with direct knowledge of the matter told Reuters on Sunday. Source: Financials
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MIDEAST STOCKS-Saudi banks rally on; property stocks lift Egypt

August 24, 2014 by Harry Joiner - Add Comment
DUBAI, Aug 24 (Reuters) – Saudi Arabia’s banking stocks, poised to benefit from the expected increase of interest rates in the United States, continued to boost the kingdom’s market on Sunday, while property developers buoyed Egypt’s bourse. Source: Financials
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Pictet and Lombard Odier to open books

August 24, 2014 by Harry Joiner - Add Comment
The privately owned banks are likely to publish a rudimentary income statement and balance sheet, as well as various capital ratios Source: Companies
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Samsung seeks growth in smart homes

August 24, 2014 by Harry Joiner - Add Comment
South Korean group hopes to rival Google and Apple in battle for the ‘internet of things’, where domestic devices can be controlled with a smartphone Source: Companies
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UPDATE 2-Tropical Storm Cristobal forms near southeastern Bahamas

August 24, 2014 by Harry Joiner - Add Comment
(Adds detail on forecast track and quote from National Hurricane Center) Source: Financials
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UPDATE 1-Spain to wait for stress tests before more Bankia stake sales

August 24, 2014 by Harry Joiner - Add Comment
MADRID, Aug 24 (Reuters) – Spain will hold off on selling more of its controlling stake in lender Bankia until the results of Europe-wide bank stress tests in October, Economy Minister Luis de Guindos said in an interview published on Sunday. Source: Financials
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Punters gamble on software to beat bookies

August 24, 2014 by Harry Joiner - Add Comment
RebelBetting has developed a software based on algorithms that identifies differently priced online bookmaker odds for the same sporting event Source: Companies
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Crowdsourced Campaign Supporting Ferguson Cop Darren Wilson Raises $200k+

August 23, 2014 by Harry Joiner - Add Comment
An online campaign in support of Ferguson Police Officer Darren Wilson has raised over $200,000, according to  crowdsourcing and fundraising site GoFundMe.  The money comes from close to six thousand tax deductible donations ranging in price from $5 to $5,000. Source: Technology
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Lava From Iceland's Bardarbunga Volcano May Melt Through Glacier In '0 – 20 Hours'

August 23, 2014 by Harry Joiner - Add Comment
Scientists at the island nation’s Meteorological Office say a small volcanic eruption has started in a section of the huge Bardarbunga (Bárðarbunga) volcano that is under the northern part of Europe’s largest glacier. Source: Technology
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Motor racing-Mercedes welcome Ecclestone trial settlement

August 23, 2014 by Harry Joiner - Add Comment
SPA-FRANCORCHAMPS, Belgium, Aug 23 (Reuters) – Formula One needs a strong leader and Bernie Ecclestone’s $100 million court settlement to end a bribery trial in Germany is positive for the sport’s future, Mercedes motorsport head Toto Wolff said on Saturday. Source: Financials
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Apple And Microsoft: A Wants List

August 23, 2014 by Harry Joiner - Add Comment
It’s a public holiday over here in the UK so I’ve been catching up with some online reading, mostly around tech and business. There’s the inevitable amount of speculation on releases and pre-announcements, so rather than regurgitate these – I have no idea which if any are true, except to say we’re likely to see some product announcements in September – here are some of my pet wish lists: Source: Technology
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Sprint Really Wants Your Smartphone Business, Is It The Time Right To Switch?

August 23, 2014 by Harry Joiner - Add Comment
Sprint’s new family plans offer more data for less money than those at Verizon and AT&T. But the complexity makes it hard to figure out whether they’re right for you. In a Q&A, I’ll walk you through what you get and help you understand whether the time is right to switch carriers. Source: Technology
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How To Attack A Vertical Market

August 23, 2014 by Harry Joiner - Add Comment
When it comes to competing in the tech space, focus is certainly key. And one approach is to target a vertical – and hopefully, it is a large one! Source: Technology
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Indian watchdog orders developer PACL to return funds from investment scheme

August 23, 2014 by Harry Joiner - Add Comment
MUMBAI, Aug 23 (Reuters) – India’s capital markets regulator has ordered property developer PACL Ltd to return at least $8.1 billion raised from retail investors after finding the company had failed to register its land investment scheme. Source: Financials
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Obama to business: tell your lawmakers to renew Ex-Im Bank

August 23, 2014 by Harry Joiner - Add Comment
WASHINGTON, Aug 23 (Reuters) – President Barack Obama on Saturday urged business owners to press Congress to reauthorize the U.S. Export-Import Bank, which could halt any new financing Sept. 30 – as some conservative Republicans hope it will – if lawmakers fail to act. Source: Financials
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UPDATE 2-Ackman, other shareholders ask Allergan to call special meeting

August 22, 2014 by Harry Joiner - Add Comment
BOSTON/NEW YORK, Aug 22 (Reuters) – Investors owning 31 percent of shares of Allergan Inc have asked the company to call a special shareholder meeting, activist shareholder William Ackman said on Friday, giving the hedge fund manager a victory in his fight to acquire the Botox maker. Source: Financials
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BT joins rivals by increasing prices

August 22, 2014 by Harry Joiner - Add Comment
Increases to phone and broadband services are almost double the increase asked for by the UK’s largest fixed-line telecoms group last year Source: Companies
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HSBC is sued in US for $250 mln over alleged role in 'death bonds'

August 22, 2014 by Harry Joiner - Add Comment
NEW YORK, Aug 22 (Reuters) – HSBC Holdings Plc was sued for $250 million on Friday for allegedly ignoring red flags that a colorful British entrepreneur, the late David Elias, was committing fraud through an investment vehicle he controlled. Source: Financials
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McDonald’s names new US president

August 22, 2014 by Harry Joiner - Add Comment
McDonald’s Jeff Stratton will be replaced by Mike Andres just two years after taking the job, as the company’s sales decline across the country Source: Companies
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Week in review, August 23

August 22, 2014 by Harry Joiner - Add Comment
Featuring Berkshire, Apple, BHP Billiton, UK builders and car parts suppliers and more Source: Companies
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Draghi says ECB stands ready to adjust policy further

August 22, 2014 by Harry Joiner - Add Comment
* Draghi says euro zone recovery remains “uniformly weak” Source: Financials
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Fitch Affirms Autonomous Community of Murcia at 'BBB-'; Outlook Stable

August 22, 2014 by Harry Joiner - Add Comment
(The following statement was released by the rating agency) BARCELONA/MILAN/LONDON, August 22 (Fitch) Fitch Ratings has affirmed the Spanish Autonomous Community of Murcia’s Long-term foreign and local currency Issuer Default Ratings (IDRs) at ‘BBB-‘ with Stable Outlooks. The rating action affects around EUR5.1bn of outstanding debt. Fitch has also affirmed the Short-term foreign currency IDR at ‘F3’. KEY RATING DRIVERS Murcia’s ratings reflect its increasing debt burden and a weaker econom Read Full Article →

Fitch Affirms Autonomous Community of Asturias at 'BBB'; Outlook Stable

August 22, 2014 by Harry Joiner - Add Comment
(The following statement was released by the rating agency) LONDON/BARCELONA/MILAN, August 22 (Fitch) Fitch Ratings has affirmed the Spanish Autonomous Community of Asturias’s Long-term foreign and local currency Issuer Default Ratings (IDR) at ‘BBB’ with Stable Outlook. Fitch has also affirmed the Short-term foreign currency IDR at ‘F2.’ The rating action affects EUR2.5bn of outstanding debt. KEY RATING DRIVERS The affirmation and Stable Outlook reflect Fitch’s expectations that Asturias’s Source: Financials
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UPDATE 3-LSE unveils $1.6 bln rights issue for Frank Russell deal

August 22, 2014 by Harry Joiner - Add Comment
* Shares close up 1.2 percent (Adds Russell’s H1 results, estimated earnings for combined group, updates share price) Source: Financials
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What You Need To Know About New Restrictions On Hydrocodone Combinations

August 22, 2014 by Harry Joiner - Add Comment
The #1 most prescribed drug, hydrocodone/acetaminophen combinations, are about to become more difficult for some to get. In an attempt to minimize abuse, will the change also affects patients with legitimate medical needs for the narcotic painkiller? Source: Technology
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Deutsche Forfait says auditor won't approve 2013 accounts

August 22, 2014 by Harry Joiner - Add Comment
FRANKFURT, Aug 22 (Reuters) – DF Deutsche Forfait said an auditor told it that could not approve its 2013 financial statements because the German trade financier was still being scrutinised by a U.S. regulator in connection with trade sanctions. Source: Financials
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Is Your Kindle Making You Stupid? Study Says e-Readers May Be Missing Out

August 22, 2014 by Harry Joiner - Add Comment
A Norwegian study has found that readers who use a Kindle are “significantly” worse than their paperback-wielding counterparts at recalling key events in text, according to Britain’s the Guardian. Source: Technology
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Digital disruption hits bricks and mortar

August 22, 2014 by Harry Joiner - Add Comment
Online agents are challenging high street rivals with lower fees, aided by the growing popularity of property portals Rightmove and Zoopla Source: Companies
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MLB On Cusp Of Ending Blackouts On Streaming Games Online And On Mobile Devices

August 22, 2014 by Harry Joiner - Add Comment
Fans looking to watch baseball games online or via mobile device should soon get some relief from MLB’s blackout policy. Source: Technology
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GameStop CEO Confident That Nintendo's Wii U Can Still Be A Hit

August 22, 2014 by Harry Joiner - Add Comment
The tide is rapidly turning for the beleaguered platform holder, and GameStop CEO Tony Bartel believes Nintendo’s Wii U can still be a hit. Source: Technology
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Goldman nears $1.1bn payment to FHFA

August 22, 2014 by Harry Joiner - Add Comment
Deal to resolve the sale of bad mortgage-backed securities could be struck within days, with the bank also preparing for related talks with the DoJ Source: Companies
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Google's Voice Search For Android Now Recognizes 5 Different Languages At Once

August 22, 2014 by Harry Joiner - Add Comment
Over half the world’s population speaks two or more languages. To accommodate multilingual speakers, Google has updated the Google Search app for Android to support voice search queries with multiple languages. This means that you can search for restaurants in English and dictate text messages to your friends in French, said Google in a blog post. Voice search works in 50 languages and dialects. The results are displayed in the languages that are spoken. Source: Technology
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US official behind $36bn bank settlements

August 22, 2014 by Harry Joiner - Add Comment
Tony West, the number three official at the US Department of Justice, has hauled in $36bn by taking a tough line with banks in settlement talks Source: Companies
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Market Wrap: Investors Take Cover as Ukraine Tensions Flare

August 22, 2014 by Harry Joiner - Add Comment
Filed under: Market News, Global Economy, Federal Reserve, Investing Dmitry Serebryakov/AFP/Getty ImagesTrucks from the Russian humanitarian convoy, parked near a checkpoint at the Ukrainian border. Ukrainian authorities fear the convoy may be used to smuggle in arms to the pro-Kremlin insurgents. By KEN SWEET NEW YORK — The stock market paused Friday, following four days of gains, after a speech by Federal Reserve Chair Janet Yellen left investors unsure about how the nation’s [...]
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Vodafone to buy stake in Hellas Online

August 22, 2014 by Harry Joiner - Add Comment
Deal aimed at improving Vodafone’s strategy to offer fixed line and internet services alongside its traditional mobile telecoms network Source: Companies
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Sony's PS4 Speeds Ahead as Microsoft's XBox Stumbles

August 22, 2014 by Harry Joiner - Add Comment
Filed under: Company News, Microsoft, Sony, Electronics, Investing Johannes Eisele/AFP/Getty Images The top dog in this generation of video game consoles continues to pad its lead. Sony (SNE) revealed last week that it has sold 10 million PlayStation 4 systems since hitting the market nine months ago. Microsoft (MSFT) has yet to respond, but the latest data [...]
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Golf loses some lustre as sales decline

August 22, 2014 by Harry Joiner - Add Comment
Both the short and long-term signs for the golf industry are not encouraging as retailers and equipment makers warn of falling demand Source: Companies
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7 Lessons I Learned from Managing My Mother's Money

August 22, 2014 by Harry Joiner - Add Comment
Filed under: Investing Basics, Family Money, Personal Finance, Investing Alamy After my father passed away eight years ago, I took the lead role in helping my mother manage her finances. During my first meeting with our (former) money manager, three things amazed me. Retail brokers really do try to sell you speculative, high-commission products. Good luck getting a decent yield on the cash component of your savings. Challenging your broker with the wisdom [...]
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Week's Winners and Losers: McCafe Brews, Hertz Stews

August 22, 2014 by Harry Joiner - Add Comment
Filed under: Company News, Bank of America, McDonald’s, Earnings, Investing Mark Lennihan/AP There were plenty of winners and losers this week, with a car rental giant revealing that it will fall short of its earlier expectations and the leading Mexican fast food chain raising the stakes in the battle for hungry bargain seekers. Here’s a rundown of the week’s best and worst. Hertz (Read Full Article →

While Whole Foods Wilts, Other Organic Food Sellers Bloom

August 22, 2014 by Harry Joiner - Add Comment
Filed under: Company News, Earnings, Industry News, Food & Beverage, Investing Jim West/Alamy Going by the recent performance of former market darling Whole Foods Market (WFM), investors may think that the once-hot trend for organic and natural foods is cooling down. After all, the leading organic grocer has lowered its guidance three times this year alone. Shares of Whole Foods [...]
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Fed Hike or 'Putin Put'? Factors Affecting Gold

August 22, 2014 by Harry Joiner - Add Comment
Filed under: Global Economy, Alternative Investment, Commodities & Futures, World Markets, Investing Chris Ratcliffe/Bloomberg via Getty Images By Matt Clinch | @mattclinch81 The price of spot gold edged towards a two-month low Friday morning as analysts weighed the many factors that have been causing the commodity to trade in a tight [...]
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Quindell shares fall over cash flow fears

August 21, 2014 by Harry Joiner - Add Comment
Revenues up 119%, but financials are doubted by some fund managers, who note sales are recognised months before payment is received Source: Companies
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BofA to pay $16.65bn in mortgage case

August 21, 2014 by Harry Joiner - Add Comment
Chief executive Brian Moynihan is seeking to put the bank’s burdensome crisis-era legal woes behind it in the largest settlement of its kind Source: Companies
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How To Keep Internet Trolls And Harassers From Winning

August 21, 2014 by Harry Joiner - Add Comment
‘Hate Crimes in Cyberspace’ argues that online harassment is ignored by society and the law the same way domestic violence and sexual harassment were until the 1970s. Source: Technology
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How The Xbox One Helped Sell The PS4

August 21, 2014 by Harry Joiner - Add Comment
Here at Forbes, we’ve been spending some time trying to answer a question indirectly posed by Sony Worldwide Studios President Shuhei Yoshida: how is the PS4 possibly selling so well? The console’s 10 million sales are so impressive that they’ve even made Sony a bit nervous. How do you plan for a future if you don’t quite understand the present? Source: Technology
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iPhone 6: Doctors Raise Concerns Over Apple HealthKit

August 21, 2014 by Harry Joiner - Add Comment
Apple HealthKit will launch with the iPhone 6, but it has medical professionals worried. Source: Technology
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Apple's iPhone: Can China's 4G Growth Offset Lower Subsidies?

August 21, 2014 by Harry Joiner - Add Comment
The growth of China’s 4G infrastructure could offset the negative subsidy impact. Source: Technology
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Oracle's New SCM Cloud Services Solution

August 21, 2014 by Harry Joiner - Add Comment
Oracle announced at the Oracle Transportation Management (OTM) Special Interest Group last week, that beginning in September, customers can purchase a Cloud Services version of OTM and Global Trade Management (GTM).  This week I, and my supply chain colleagues at ARC, got briefed on the new offering.  Their cloud solution set involves Software as a Service (SaaS) pricing, hosting of the solution by Oracle, patching, and a controlled upgrade process. Source: Technology
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ON THE MOVE-Wells Fargo hires 2 Morgan Stanley brokers with $350 mln in assets

August 21, 2014 by Harry Joiner - Add Comment
NEW YORK, Aug 21 (Reuters) – Wells Fargo Advisors, Wells Fargo & Company’s registered broker-dealer, said Thursday it recruited two brokers away from rival securities brokerage Morgan Stanley, where they managed nearly $350 million in client assets. Source: Financials
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Hertz investor Fir Tree says CEO "lost credibility"

August 21, 2014 by Harry Joiner - Add Comment
BOSTON, Aug 21 (Reuters) – Hertz Global Holdings Inc. investor Fir Tree Partners on Thursday stepped up its calls for the car rental company to replace its chief executive, saying that the current CEO Mark Frissora “has completely lost credibility.” Source: Financials
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