Tag: editing

UPDATE 1-Jeweller Graff kick starts $1 bln HK IPO-source

| February 16, 2012

That’s a rise of 48,000 people on the previous 3 months.

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MCX sets IPO price band

| February 16, 2012

That’s a rise of 48,000 people on the previous 3 months.

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Yahoo-Alibaba talks falling apart: sources (Reuters)

| February 15, 2012

SAN FRANCISCO (Reuters) – Talks between Yahoo Inc and China’s Alibaba Group over the U.S. Internet giant’s Asian assets have hit an impasse, throwing their plans for a $17 billion tax-free asset swap into question, according to sources briefed on the situation.

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Yahoo-Alibaba talks at an impasse: sources (Reuters)

| February 14, 2012

(Reuters) – Talks between Yahoo Inc and China’s Alibaba over the U.S. Internet giant’s Asian assets have hit an impasse, throwing their plans for a $17 billion tax-free asset swap into question, according to sources briefed on the situation. The snag in the negotiations came on the same day that activist investor Daniel Loeb, of the hedge fund ThirdPoint, launched a campaign to install his own slate of directors on Yahoo’s board, further highlighting the turmoil engulfing the one-time Web pioneer

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Internet in Iran severely disrupted as elections loom (Reuters)

| February 14, 2012

DUBAI (Reuters) – Millions of Iranians have suffered serious disruption recently in accessing email and Internet social networking sites, raising concerns authorities are stepping up censorship of opposition supporters ahead of parliamentary elections next month. Iranians have grappled with increased obstacles to using the Internet since opposition supporters used social networking sites to organize widespread protests after the disputed 2009 re-election of President Mahmoud Ahmadinejad.

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Insight: Wall St commodity talent wars – Return of the merchants

| February 14, 2012

NEW YORK (Reuters) – When it comes to hiring top commodity traders, what goes around comes around. Wall Street , after years of poaching the best and brightest from specialized commodity firms, is losing the war to keep the essential traders who know how to arbitrage copper or store crude . After financial reforms sounded the death knell for the excessive use of bank money to trade markets two years ago, banks such as Goldman Sachs and Morgan Stanley had resigned themselves to watching their proprietary trading rainmakers flee to hedge funds with few limits on risk or compensation

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Obama proposes large budget boosts for SEC, CFTC (Reuters)

| February 13, 2012

WASHINGTON (Reuters) – The White House on Monday proposed big budget boosts for U.S. financial market regulators, which are months behind in finalizing Dodd-Frank reforms and are under pressure to more vigorously police markets in the wake of the 2007-2009 financial crisis.

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Apple launches new legal attack on Samsung phones (Reuters)

| February 13, 2012

(Reuters) – Apple Inc raised the stake in an intensifying global patent battle with Samsung Electronics by targeting the latest model using Google’s fast growing Android software, a move which may affect other Android phone makers.

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Japan’s Fanuc to build machine tools factory: report (Reuters)

| February 12, 2012

TOKYO (Reuters) – Japan industrial robot maker Fanuc Ltd (6954.T) plans to build a new factory near Tokyo to double its domestic output capacity of machine tools to produce parts of smart phones by the end of the year, the Nikkei financial daily reported on Sunday. Fanuc will boost domestic output aimed at meeting rising global demand for smart phones, the Nikkei said

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NYSE Euronext eyes new sectors for growth (Reuters)

| February 10, 2012

LONDON (Reuters) – NYSE Euronext (NYX.N) signaled it would shift focus to faster-growing areas like supplying computer systems and information from trading, as the U.S. exchange looks to an independent future following the collapse of a takeover by Deutsche Boerse. NYSE, whose $7.4 billion takeover by German peer Deutsche Boerse (DB1Gn.DE) was scuppered last week, on Friday posted a 13 percent rise in fourth-quarter operating profit to $212 million, compared with a forecast for $208 million.

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