Breaking Business News
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Aegon owned Stonebridge to pay 8.3 mn pounds for palming off expensing products
LONDON - Insurance giant Aegon owned Stonebridge International Insurance has been fined 8.3 million pounds by Britain's financial sector regulator for mis-selling accident insurance products. Up ...
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Closer alliance forged by Priceline with Ctrip to promote tourist traffic from China
WASHINGTON / SHANGHAI - Expanding on the existing commercial relationship, Priceline Group, world leader in online accommodation reservations, has agreed to invest $500 million in China's biggest ...
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Legal battle arena restricted by Apple and Samsung to US
WASHINGTON - Tech giants Apple and Samsung, which have been fighting several bitter legal battles across countries, have signed an agreement withdrawing all cases against each other outside the ...
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Will overtake Sprint by end of year, says T-Mobile
WASHINGTON - Chief executive of T-Mobile US, John J. Legere, who is known for being outspoken, tweeted Thursday that the company plans to overtake Sprint Corp as the No. 3 wireless U.S. carrier in ...
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Federal settlement abover $16bn with Bank of America in mortgage cases likely
WASHINGTON - Bank of America has reportedly worked out a deal with the US regulatory agencies to pay over $16 billion to settle a federal probe over its sale of mortgage-backed securities, a move ...
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Imports tumble in US helping to sharply narrow trade gap
WASHINGTON - In a development symptomatic of an economic recovery, imports into the United States declined sharply in June, shrinking the American trade deficit but raising concerns over domestic ...
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First half profits of Standard Chartered drop 20 pc
LONDON - British bank Standard Chartered PLC Wednesday posted 20 percent drop in half yearly earnings due to slowdown in financial market business, while disclosing that it faced further U.S. fines ...
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Benefits of digital currencies being studied by UK
LONDON - Chancellor George Osborne Wednesday announced a new initiative to explore the potential role of crypto-currencies to foster financial innovation and establish the UK as a market leader in ...
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Lawyer finds wide support to civil suit against Facebook's data collection
NEW YORK - A class-action civil suit by a lawyer against Facebook's data collection practices has attracted over 20,000 co-complainants just five days after its launch. Campaigner Max Schrems has ...
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Post Alliance Boots buyout Walgreens to stay on in US
WASHINGTON - Walgreens, the largest drug retailing chain in the United State with 8,678 stores, Wednesday announced plans to exercise its option and acquire the remaining 55 percent stake in ...
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US Takes Different Approach to Africa than China
WHITE HOUSE - President Barack Obama's effort to engage Africa brought together the largest summit of African leaders ever held in Washington. But China has hosted such summits before, and the U.S. ...
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Microsoft plans to finally kill support for IE in Jan 2016
Microsoft is planning to cut support for Internet Explorer 8 and 10, which means users would be forced to use the latest version of IE, after January 12, 2016. The change will take effect on ...
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STATS ChipPAC Reports Second Quarter 2014 Results
SINGAPORE -- 08 AUGUST 2014, UNITED STATES--(Marketwired - Aug 8, 2014) - STATS ChipPAC Ltd. ("STATS ChipPAC" or the "Company") (SGX-ST: STATSChP) (SGX: S24), a leading provider of advanced ...
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Worlds most expensive house hits the market
Just Listed brings you the latest news and information from the Twin Cities-area commercial and residential real estate market and beyond from veteran reporters Jim Buchta and Janet ...
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US worker productivity rebounds in 2nd quarter after steep fall at beginning of year
WASHINGTON -- U.S. workers were more productive in the April-June quarter and labor costs rose slightly, a sharp turnaround from grim first-quarter figures. The Labor Department said Friday that ...
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Cool summer raises expectations of record corn soybean harvest seed GPS technology factors
DES MOINES, Iowa -- The nation's corn and soybean farmers are on track to produce record crops this year as a mild summer has provided optimum growing conditions. The U.S. Department of ...
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US stocks rising as investors shrug off Iraq bombing other geopolitical risks US bonds climb
NEW YORK -- U.S. stocks are trading higher as investors weigh gains in productivity against worsening geopolitical concerns. The higher prices in the U.S. are bucking a move down in European and ...
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Steelers Antonio Brown swamped with mail at camp since making autograph vow on Facebook
LATROBE, Pa. -- The post office at the small college where the Pittsburgh Steelers hold training camp has been swamped with mail since wide receiver Antonio Brown vowed on Facebook to autograph ...
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SCORE Mastering product management
Product Management (PM) is the discipline of managing the life cycle of the revenue producing components of your business, whether they are services or actual ...
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Job growth rate Disappointing
Nearly six years were required to regain the same number of jobs available before the Great Recession. That's too slow. Historically, previous peaks have been reached in two years or less. ...
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Asian Stocks Tumble On Iraq Jitters
Asian stocks fell sharply on Friday, as fears that the crises in Iraq and Ukraine could hit global growth overshadowed signs of a strengthening U.S. labor market. Investors became nervous after U.S. ...
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Ebola drug maker shares spike after FDA eases ban
Shares of Tekmira Pharmaceuticals spiked 21 percent Friday morning after federal regulators eased a ban on the clinical trial of its Ebola treatment. The Vancouver-based company's shares -- up ...
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Tech Stocks Nvidia’s gains stand out among tech stocks
SAN FRANCISCO (MarketWatch) -- Tech stocks were in a fight to hold on to their early gains as trading progressed Friday, with Nvidia Corp. flexing its muscles after the graphics chip maker delivered ...
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Bond Report Treasury yields eye 14-month low on global conflict
NEW YORK (MarketWatch) -- Treasury prices climbed Friday, putting benchmark yields on track for a 14-month low as investors weighed conflicts escalating across Ukraine and ...
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Market Extra U.S. stock funds suffer largest weekly outflow in 6 months
biggest one-day drop in six months on July 31. Stocks have been weighed down by factors such as Ukraine-Russia tensions, escalating fighting in Gaza and worries that the Federal Reserve might raise ...