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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

StanChart faces fresh $300m US settlement

August 18, 2014 by Harry Joiner - Add Comment
New York’s banking regulator has accused the bank, which was fined for violating sanctions rules in 2012, of failing to identify suspicious transactions Source: Companies
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US STOCKS-Wall St gains on M&A activity, homebuilder data

August 18, 2014 by Harry Joiner - Add Comment
* Russia: Humanitarian convoy issue resolved, but no cease-fire Source: Financials
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UPDATE 4-Community Health says data stolen in cyber attack from China

August 18, 2014 by Harry Joiner - Add Comment
(Adds comments from Mandiant, CrowdStrike; details on size of breach) Source: Financials
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Coronation’s humbling from Abil crisis

August 18, 2014 by Harry Joiner - Add Comment
Asset manager, which has 22% stake in African Bank Investments, apologises as fallout over failure of South African lender continues Source: Companies
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Deutsche Bank hires IT chiefs after faults

August 18, 2014 by Harry Joiner - Add Comment
Germany’s largest bank is hiring technology executives from Goldman Sachs and RBS, after being warned by the New York Fed about lapses in regulatory reporting Source: Companies
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China says Mercedes-Benz fixed prices

August 18, 2014 by Harry Joiner - Add Comment
German group is latest multinational carmaker to face Chinese scrutiny and threat of fines over pricing of spare parts, repair and maintenance Source: Companies
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Fitch Publishes The Weekly Wire Compendium of Commentary

August 18, 2014 by Harry Joiner - Add Comment
(The following statement was released by the rating agency) LONDON, August 18 (Fitch) The latest issue of Weekly Wire, a compendium of the credit commentary published on Fitch Wire through the week, is now available. The newsletter is published every Monday. For the current edition, please click on the Related Research link. To subscribe to Fitch Wire’s daily email please write to louise.warner@fitchratings.com Contact: Jeremy Carter Managing Director +44 20 3530 1391 Fitch Ratings Limite Source: Financials
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Chugai shares soar on Roche buyout talk

August 18, 2014 by Harry Joiner - Add Comment
Analysts speculate that Swiss drugmaker Roche may pay up to $10bn to buy rest of Chugai, even as Japanese group denied it was reviewing such a plan Source: Companies
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REFILE-UBS says widens background checks for specialist employees

August 18, 2014 by Harry Joiner - Add Comment
(Refiled to correct typographical error in first paragraph) Source: Financials
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European shares rally after Ukraine talks ease some investor fears

August 18, 2014 by Harry Joiner - Add Comment
* Investor expectations growing for ECB intervention-poll (Updates with closing prices) Source: Financials
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Market Wrap: Stocks Rise; Dollar General Jumps After Bid for Rival

August 18, 2014 by Harry Joiner - Add Comment
Filed under: Market News, Mergers & Acquisitions, Investing Spencer Platt/Getty Images By STEVE ROTHWELL NEW YORK — Corporate deal news gave the U.S. stock market a lift on Monday as a bidding contest erupted for a discount retailer. Stocks also climbed amid reports of diplomatic efforts to broker a cease-fire in the conflict in Ukraine. Dollar General (DG) jumped after making a bid for retailer Family Dollar (Read Full Article →

Strategies for calling it a day in the office

August 18, 2014 by Harry Joiner - Add Comment
How can companies and managers tackle the pervasive culture of of overworking when excessive hours are often regarded as a badge of honour Source: Management
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Last Week's Biggest Stock Movers: Going Bananas; Monster Gains

August 18, 2014 by Harry Joiner - Add Comment
Filed under: Company News, Earnings, Industry News, Wall Street Watch, Investing Amy Sancetta/AP Plenty of stocks go up and down in any given week. The gainers inspire us to keep investing. The decliners keep greed in check while reminding us about the risks of the equity markets. Let’s go over some of last week’s best and worst performers. Chiquita Brands (Read Full Article →

‘What-if’ musings that drive leaders mad

August 18, 2014 by Harry Joiner - Add Comment
The heroic all-or-nothing strategic decision is largely a fiction, so trying to picture possible different outcomes is futile Source: Management
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Ennert de Steiler, Luxembourg

August 18, 2014 by Harry Joiner - Add Comment
The country’s oldest watering hole affords privacy off the beaten track in a country that ought not yearn for its own branch of Starbucks Source: Management
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Ukip MEP is wrong on Hitler’s oratory

August 18, 2014 by Harry Joiner - Add Comment
The failure to notice the difference between a Nuremberg rally and a church hall gathering presents the party with a rhetorical dilemma Source: Management
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McDonald's Wants to Transform Its Junk Food Image

August 18, 2014 by Harry Joiner - Add Comment
Filed under: McDonald’s, Advertising & Marketing, Food & Beverage, Restaurants, Investing Luke Sharrett/Bloomberg via Getty Images By CANDICE CHOI NEW YORK — At a dinner McDonald’s (MCD) hosted for reporters and bloggers, waiters served cuisine prepared by celebrity chefs using ingredients from the chain’s menu. A Kung Pao chicken appetizer was made with Chicken McNuggets doused in sweet-and-sour sauce and [...]
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Credit Suisse played role in Espirito Santo collapse-WSJ.com

August 17, 2014 by Harry Joiner - Add Comment
NEW YORK, Aug 17 (Reuters) – Credit Suisse helped put together billions of dollars in securities that were issued by offshore investment vehicles and then sold to retail customers of Portugal’s Banco Espirito Santo SA , the Wall Street Journal reported Sunday. Source: Financials
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Smartphone owners’ apps appetite wanes

August 17, 2014 by Harry Joiner - Add Comment
Deloitte predicts the volume of app store sales is hitting a ceiling, fuelling developers’ concerns that their best days of growth have ended Source: Companies
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China’s internet giants end taxi app wars

August 17, 2014 by Harry Joiner - Add Comment
Alibaba and Tencent have treated savvy, smartphone-wielding Chinese to taxi rides to drum up support for their respective cab services Source: Companies
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BHP and Glencore set for cash return

August 17, 2014 by Harry Joiner - Add Comment
A promise to return capital would signal to investors that global diversified mining houses expect a big increase in their free cash flow Source: Companies
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Singapore to reform enforced pension saving scheme after protests

August 17, 2014 by Harry Joiner - Add Comment
SINGAPORE, Aug 17 (Reuters) – Singapore is to reform its mandatory retirement savings scheme and will provide greater support to low-income pensioners, the Prime Minister said on Sunday, in response to growing public criticism of the system. Source: Financials
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MIDEAST STOCKS-Blue chips lift Saudi to 6-year peak; Mesaieed heads Qatar drop

August 17, 2014 by Harry Joiner - Add Comment
* Egypt also hits 6-year peak but 18 of the 25 largest stocks fall Source: Financials
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Venture capitalists back anonymous apps

August 17, 2014 by Harry Joiner - Add Comment
Ask.fm is the latest example, but venture capitalists have put tens of millions of dollars into competitors such as San Francisco-based Secret and Los Angeles’ Whisper Source: Companies
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BM&FBovespa to launch new clearing house

August 17, 2014 by Harry Joiner - Add Comment
BM&FBovespa has spent the past few years building a new trading platform and integrating its four clearing houses Source: Companies
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WRAPUP 2-Ukraine says its troops make breakthrough in rebel stronghold

August 17, 2014 by Harry Joiner - Add Comment
* Kiev says flag raised over police station in city of Luhansk Source: Financials
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Arison sells Bank Hapoalim shares for $51 mln

August 17, 2014 by Harry Joiner - Add Comment
JERUSALEM, Aug 17 (Reuters) – Shari Arison, the controlling shareholder of Bank Hapoalim, sold 176 million shekels ($51 million) worth of Hapoalim shares, the bank said on Sunday. Source: Financials
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Deal with debut nerves in a new job

August 17, 2014 by Harry Joiner - Add Comment
Starting a new role in a different organisation is daunting. How do you prepare yourself to ensure you have the best first day possible? Source: Management
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Memo: don’t look at messages on holiday

August 17, 2014 by Harry Joiner - Add Comment
There is never any really good excuse for reading or sending emails while on leave from the office Source: Management
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Feedback: Anger management

August 17, 2014 by Harry Joiner - Add Comment
Readers took opposing stances over Andrew Hill’s column defending the occasional angry outburst in the office Source: Management
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Sim Tshabalala, joint CEO Standard Bank

August 17, 2014 by Harry Joiner - Add Comment
The joint head of Africa’s largest bank does not shy away from discussing the legacy of apartheid on the 153-year-old institution Source: Management
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WRAPUP 3-Ukraine separatist leader says rebels getting tanks and reinforcements

August 16, 2014 by Harry Joiner - Add Comment
* ICRC says security details yet to be agreed (Updates with ICRC on convoy, Finnish president’s comments) Source: Financials
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Switzerland's Raiffeisen eyes firms managing assets up to 30 bln Sfr

August 16, 2014 by Harry Joiner - Add Comment
ZURICH, Aug 16 (Reuters) – Swiss lender Raiffeisen is open to making acquisitions in private banking and asset management, potentially targeting firms handling assets of 20 billion to 30 billion Swiss francs ($22-33 bln), its chief was quoted as saying on Saturday. Source: Financials
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FTSE to keep sanctioned Russian banks in indexes for now

August 16, 2014 by Harry Joiner - Add Comment
MOSCOW, Aug 16 (Reuters) – Stock index compiler FTSE has decided to keep Russia’s banks Sberbank and VTB in its indexes for now but would exclude them if they issued new shares, it said late on Friday. Source: Financials
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Ex-Zurich Insurance CEO, Goldman lead director James Schiro dies

August 16, 2014 by Harry Joiner - Add Comment
ZURICH, Aug 16 (Reuters) – The former head of Zurich Insurance and lead director of Goldman Sachs James Schiro has died at the age of 68, the bank said. Source: Financials
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Egypt's Qalaa Holdings Q1 net loss widens by 7 pct

August 16, 2014 by Harry Joiner - Add Comment
CAIRO, Aug 16 (Reuters) – Egypt’s Qalaa Holdings, formerly Citadel Capital, widened its first quarter net loss by 7 percent to 231.9 million Egyptian pounds (32.43 million US dollar) compared to the same period a year earlier, the firm said in a statement. Source: Financials
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It's Going to Be a Long Way Back for J.C. Penney

August 16, 2014 by Harry Joiner - Add Comment
Filed under: Company News, JC Penney, Earnings, Retail, Investing Patrick T. Fallon/Bloomberg/Getty Images The market is happy with J.C. Penney (JCP) — for now. Shares of the department store operator initially moved higher after posting better than expected results on Thursday night. Net sales climbed 5 percent to $2.8 billion, fueled by a 6 percent uptick in comparable store sales. Its quarterly [...]
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Brazilians in new move in banana wars

August 16, 2014 by Harry Joiner - Add Comment
Banker Joseph Safra and orange juice producer Cutrale called on Chiquita’s shareholders to vote against Fyffes merger and accept their offer instead Source: Companies
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Samwer group reshuffle ahead of Rocket IPO

August 15, 2014 by Harry Joiner - Add Comment
Streamlining of portfolio of companies and fundraising serves to boost the value ahead of market debut Source: Companies
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Ackman in second suit over Fannie Mae

August 15, 2014 by Harry Joiner - Add Comment
A second suit from the hedge fund alleges the US government has illegally seized tens of billions of dollars in profits from the mortgage finance giants Source: Companies
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BHP Billiton to push ahead with demerger

August 15, 2014 by Harry Joiner - Add Comment
Anglo-Australian miner poised to spin off of billions of dollars in assets after it said a demerger was its preferred option for its restructuring Source: Companies
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WRAPUP 5-Kiev says forces destroyed Russian armour inside Ukraine

August 15, 2014 by Harry Joiner - Add Comment
* Ukraine says partially destroyed armoured column from Russia Source: Financials
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Online home furnishings retailer Wayfair files for IPO

August 15, 2014 by Harry Joiner - Add Comment
Aug 15 (Reuters) – Online home-furnishings retailer Wayfair Inc filed for an initial public offering of its Class A common stock, the company said in a regulatory filing with the U.S. Securities and Exchange Commission on Friday. Source: Financials
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BT braced for £3bn Sky football contest

August 15, 2014 by Harry Joiner - Add Comment
Telecoms group is keen to broadcast more games, but Gavin Patterson, chief executive, says ‘we are not going to go crazy’ at rights auction Source: Companies
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Barclays in second client money probe

August 15, 2014 by Harry Joiner - Add Comment
New investigation follows £1.1m fine in 2011 for putting clients’ money at risk by failing to properly separate it from its own funds Source: Companies
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Holders of Argentina eurobonds plan to appeal U.S. court ruling

August 15, 2014 by Harry Joiner - Add Comment
NEW YORK, Aug 15 (Reuters) – Holders of euro-denominated Argentine bonds plan to appeal a U.S. judge’s ruling blocking the country from making payments on their debt, according to a court filing on Friday. Source: Financials
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United Internet invests 435 mln euros for stake in Rocket Internet

August 15, 2014 by Harry Joiner - Add Comment
FRANKFURT, Aug 15 (Reuters) – Germany’s United Internet AG said it was investing 435 million euros ($582 million) for a 10.7 percent stake in Rocket Internet AG to cement a strategic relationship with Rocket’s chief executive and founder, Oliver Samwer. Source: Financials
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UPDATE 1-Private equity funds bid for Finnish insulation firm Paroc – sources

August 15, 2014 by Harry Joiner - Add Comment
LONDON, Aug 15 (Reuters) – Private equity funds TPG , Nordic Capital, CVC and Cinven are among those to have put in first-round bids for Finnish insulation material maker Paroc, five sources familiar with the matter said on Friday. Source: Financials
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Market Wrap: Stocks Rebound After Midday Tumble on Ukraine

August 15, 2014 by Harry Joiner - Add Comment
Filed under: Market News, International Trade, Stock Markets, Investing AP/Sergei GritsA local resident passes by Ukrainian army APC in the city of Lutugino, eastern Ukraine on Friday. Fears of an escalation of the regional conflict buffeted stocks. By MATTHEW CRAFT NEW YORK — Renewed fighting in Ukraine rattled markets on Friday. Reports that Ukrainian forces attacked Russian military vehicles that had crossed the border knocked stock markets down in the afternoon and sent [...]
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Bonomi on cusp of owning Club Med

August 15, 2014 by Harry Joiner - Add Comment
Milanese investor, who has a record of investing in powerful and respected brands, believes other bidders undervalued the company’s potential Source: Companies
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