The Association of British Insurers lobbied for stronger controls in UK's corporate governance system.
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Smithfield CEO grilled over Chinese acquisition of US agribusiness
C. Larry Pope said takeover by the Chinese would not change anything. Smithfield Foods Inc. Chief Executive Officer C. Larry Pope has answered to lawmakers suspicious of the proposed acquisition of Smithfield Foods Inc.
Yum! Brands show profit despite China difficulties
Yum! Brands increased profit numbers despite backlash in China. Parent company of the world famous Pizza Hut and KFC restaurant chains, Yum! Brands Inc.
Naspers discuss US$1 billion bond sale
Naspers announced that they are considering the sale of US$1 billion bonds to fund acquisitions Naspers Ltd. announced that they are considering selling as much as US$1 billion in debt to fund acquisitions.
SEC lifts longtime advertising ban for hedge funds
Last Wednesday, US regulators lifted a long time ban on advertising by hedge funds and other firms. On Wednesday, US regulators lifted an 80 year old ban on advertising by hedge funds, private equity firms and other companies.
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INTL FCStone announced that they are cancelling plans to buy Cleartrade INTL FCStone Inc, a U. S. commodities brokerage announced that it has dropped plans to buy an online commodities exchange in Asia.
Ceasars rose 13% due to web-based gambling optimism. The largest owner of U. S. casinos, Caesars Entertainment Corp. , increased its value by 13% after implementing its plans to provide stocks worth around US$1.
US retailers created a plan to put up a fund worth more than US$40 million for Bangladesh factories.
Last quarter extended the losing streak of PC deliveries, making it the longest recorded . Personal-computer deliveries have slipped for a fifth straight quarter, the lengthiest losing streak documented, as customers continue to prefer touch-screen smartphones and tables for getting online.
Macquarie announced that they were able to finally close the deal with NG Groep NV Australia's Macquarie Group closed the deal with Dutch financial services firm ING Groep NV in South Korea.
In order to manage a currency crisis, selling off foreign currency to mop up local currency averts a long term crisis.
The People's Bank of China has released notice to require banks and companies to use the yuan in their international transactions.
Tivli gets financing from venture capitalists amounting to US $3.6 million. Tivli, which offers on-demand and streaming TV content to college campuses, today said it closed $6.
Saïd Business School Seed Fund invests in ACE and Onfido, both of which were established by Oxford alumni.
