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UK lawmakers consider probe into transparency of mining firms
LONDON (Reuters) – Britain’s parliament will this week consider whether to probe the transparency of oil and mining firms listed in London, an issue highlighted by corruption probes at emerging market miners which lawmakers fear have dented the stock market’s … Continue reading
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Tagged consider, firms, into, lawmakers, mining, probe, transparency
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Switzerland close to deal in U.S. tax dispute: finance minister
ZURICH (Reuters) – Switzerland is on the brink of a deal to settle a long-running dispute with U.S. authorities over Swiss banks accused of helping wealthy Americans evade billions of dollars of tax, the finance minister said on Saturday.
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Tagged close, deal, dispute, finance, minister, Switzerland, U.S.
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US Airways plane makes unusual belly landing at Newark airport
NEWARK, New Jersey (Reuters) – A US Airways flight made an emergency landing on its belly at Newark Liberty International Airport early on Saturday after the plane’s landing gear failed to deploy, but no one was injured, airline and government … Continue reading
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Tagged airport, Airways, belly, landing, makes, Newark, plane, unusual
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Exclusive: EU cites Chinese telecoms Huawei and ZTE for trade violations
NEW YORK (Reuters) – Europe’s top trade official for the first time late on Friday officially cited Chinese mobile telecommunications equipment makers Huawei and ZTE Corp for violating anti-dumping and anti-subsidy guidelines.
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Tagged Chinese, cites, exclusive, Huawei, telecoms, trade, Violations
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Sacramento Kings owners reach deal to sell team to local investors
(Reuters) – The owners of the Sacramento Kings basketball franchise have struck a tentative deal to sell the sought-after California team to local investors after the National Basketball Association denied a proposal to move the team to Seattle, a spokesman … Continue reading
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Tagged deal, Investors, King's, local, owners, reach, Sacramento, sell, team
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Ex-Groupon CEO Mason moving to San Francisco to start new company
SAN FRANCISCO (Reuters) – Former Groupon Inc. Chief Executive Andrew Mason is moving to San Francisco to start a company after recently recording an album of “motivational business music,” according to an update on his blog on Thursday.
Toyota starts exports of French-built Yaris cars to North America
PARIS (Reuters) – Toyota Motor Corp has begun exporting French-made Yaris compact cars to customers in North America for the first time this month.
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Tagged America, Cars, exports, Frenchbuilt, north, starts, Toyota, Yaris
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China threatens own trade action if EU opens telecoms case
BRUSSELS (Reuters) – China threatened on Thursday to retaliate if the European Union formally opens an investigation into alleged anti-competitive behavior by Chinese mobile telecom equipment companies.
Glencore Xstrata chairman Bond says will not be reelected
LONDON (Reuters) – Glencore Xstrata chairman John Bond told investors he would not be reelected at the miner and trader’s first annual general meeting on Thursday.
HSBC targets additional $2-3 billion cost savings by 2016
HONG KONG (Reuters) – HSBC said on Wednesday that it would target additional cost savings of $ 2 billion to $ 3 billion in 2014-2016, as Europe’s biggest bank cuts jobs and sells noncore businesses to bolster profitability under a … Continue reading