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Nasdaq OMX bids for stake in LCH. Clearnet? ?
New York-based exchange operator Nasdaq OMX confirmed on Friday it is bidding for a minority stake in leading Anglo-French swaps clearing house LCH.Clearnet.? ? The bid forms part... -
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Barclays targets £6.4bn extra revenue by 2013
Barclays Bank unveiled plans to increase annual revenue by as much as £6.4bn in the next two years in an attempt to increase shareholder returns, CEO Bob Diamond said late on Wedn... -
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Nokia and Apple settle patent dispute
Finnish phone maker Nokia has won its long-running patents case against Apple and will receive a one-off €800m payout from the iPhone maker in addition to royalties. The patent c... -
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IMF drops Fischer due to age restriction
Stanley Fischer, the 67-year-old governor of the Israeli central bank, was notified late on Monday by the Board of Directors of the IMF that his bid to head the IMF has been disqua... -
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Stanley Fisher in race for IMF job
Former IMF deputy chief and Bank of Israel governor, Stanley Fischer, has emerged as a candidate to challenge Mexico’s Central Bank governor Agustin Carstens and French finance m... -
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Supreme Court upholds $290m verdict against Microsoft
The US Supreme Court ruled against Microsoft in its high profile appeal of a $290m patent case verdict against Canadian company i4i. The verdict brings to an end a long-lasting leg... -
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Data breach confirmed by Citigroup
Citigroup said today that computer hackers may have gained access to data on hundreds of thousands of card customers in North America. An estimated one percent of customer accounts... -
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No India assurance for Lagarde IMF bid
The finance minister of India, Pranab Mukherjee, said he offers “no assurance” that India will support French finance minister Christine Lagarde in her bid to become the head o... -
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Barclays to pay $2bn in to Lehman trustee
A New York court late on Monday rejected a renewed attempt by Barclays PLC to attain $4bn in assets linked with the sale of brokerage business Lehman Brothers Holdings. The judge r... -
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Prada Hong Kong IPO may raise up to $2.6bn
Italian luxury fashion house Prada is looking to raise between $2bn- $2.6bn in a Hong Kong IPO, ahead of its June 24 listing on the Hong Kong stock exchange. The Milan –based com...
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