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Lending agencies urge WTO ‘trade facilitation’ pact

YoopyaJun 28, 20120

WASHINGTON (Reuters) – The heads of the World Bank and other international lending agencies on Wednesday urged countries to salvage an agreement to help poor

Shell again extends offer for explorer Cove Energy

YoopyaJun 28, 20120

LONDON (Reuters) – Oil major Shell again extended a deadline for Cove Energy shareholders to accept its offer, giving itself more time to decide its

News Corp board approves company split: source

YoopyaJun 28, 2012March 18, 20230

(Reuters) – The board of News Corp approved in principle splitting the $60 billion media conglomerate into separate publishing and entertainment businesses, a person familiar

Barclays paying $453 million to settle Libor probe

YoopyaJun 28, 20120

(Reuters) – U.K. bank Barclays will pay $453 million to U.S. and British authorities to settle allegations that it manipulated key interest rates, increasing pressure

Insight: John Paulson’s returns falter again; investors fret

YoopyaJun 28, 2012February 20, 20240

(Reuters) – Billionaire trader John Paulson has told his wealthy investors that he has learned from his mistakes of 2011, which produced enormous losses for

Shenzhen’s “mini-Hong Kong” to test China’s financial ambitions

YoopyaJun 28, 20120

(Reuters) – China’s southern boomtown of Shenzhen, a pioneer of economic reforms but long in the shadow of Hong Kong, is plotting another bold ploy:

Alfa plots “Il Ritorno” as U.S. re-entry takes shape

YoopyaJun 28, 20120

(Reuters) – As Italian automaker Fiat SpA (FIA.MI) plots the U.S. relaunch of its sporty Alfa Romeo brand there is plenty riding on its success,

Welcome home’ for freed hostages

kiemtarJun 27, 2012June 27, 20120

They flew in from Rome and arrived at OR Tambo International Airport just after 4.30pm. Calitz’s family held up a poster which read: “Welcome home.

Total signs Kenya oil exploration contract

YoopyaJun 27, 20120

PARIS (Reuters) – France’s Total said it signed a production sharing contract with the Kenyan government to explore for oil in 2,000-3,500 metre deep waters

Glencore expected to sweeten terms to win Xstrata

YoopyaJun 27, 20120

(Reuters) – Commodities trader Glencore (GLEN.L), scrambling to save its $26 billion bid for miner Xstrata (XTA.L), will need to sweeten the terms or put