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Merck & Co Inc said it has entered into a $5 billion share repurchase agreement with Goldman Sachs Group Inc, as the drug giant looks to prop up shareholder value in face of stiff competition from...
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Bank of Spain inspectors have detected that the banking sector is hiding part of their clients' real nonperforming loans by refinancing them once and again, reports El Mundo in its Wednesday...
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China's four largest banks issued 233 billion yuan ($38 billion) new loans in the first 21 days of May, up 30% from the same period a month earlier, the 21st Century Business Herald reported...
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The value of investment in Australia's resources industry may collapse by more than two-thirds over the next five years as major projects are completed and companies scale back expansion plans,...
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Disposing of the public holdings in Royal Bank of Scotland Group PLC (RBS, RBS.LN) and Lloyds Banking Group PLC (LYG, LLOY.LN) should be a priority for the U.K. government, the International...
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Japan's exports rose less than expected in April from a year earlier due to weak demand from Europe and China, highlighting the challenges confronting the world's third-biggest economy as...
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Bank of Spain inspectors have detected that the banking sector is hiding part of their clients' real nonperforming loans by refinancing them once and again, reports El Mundo in its Wednesday...
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Shares of Sony Corp rose 6.
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Chevron Corp. (CVX) is in advanced talks to sell most of its downstream assets in Egypt and Pakistan in a sale that could be valued at around $300 million, the Reuters news agency said Tuesday on...
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As federal prosecutors circle Steven A.
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U.S. prosecutors are considering charging Steven A.
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RCS MediaGroup SpA (RCS.MI) said Tuesday it has asked the financial entities involved in a refinancing deal with the Italian publisher to revise some of the terms and conditions of the agreement...
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Sprint Nextel Corp raised its buyout offer for wireless service provider Clearwire Corp to $3.
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Few foreign activist investors have made much headway in forcing change in Japan, where a conservative corporate culture favors long-standing ties with banks, business partners and workers rather...
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Brazilian aircraft manufacturer Embraer SA (ERJ, EMBR3.BR) unveiled Tuesday its third major contract this year to sell jets to a U.S.-based aircraft operator, providing the world's fourth-largest...
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Your daily recap on precious metals.
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Lorillard Inc. (LO) has authorized an additional $500 million in share repurchases under the tobacco maker's buyback program, a move that doubles the amount of stock the company can buy.
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The economic committee of Ecuador's National Assembly expects to release a report next week on the first debate of a bill to reform the country's mining law.
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International companies trading in New York closed mostly unchanged Tuesday ahead of testimony from Federal Reserve Chairman Ben Bernanke.
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Two senior Federal Reserve officials on Tuesday played down the chances that the U.S. central bank would signal a readiness to reduce its bond buying at its meeting next month, dampening...
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U.S. stocks rose on Tuesday, with the Dow industrials and S&P 500 finishing at record highs, after comments from two Federal Reserve officials suggested that the central bank is not close to...
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The S&P 500 has soared 14.5% since the start of the year.
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Sony Corp is considering evaluating a proposal from top shareholder Third Point LLC to spin off part of its movie and music business, Japanese daily Nikkei reported.
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A group of 19 large retailers, including Wal-Mart Stores Inc. (WMT), Costco Wholesale Corp. (COST) and Starbucks Corp. (SBUX), are opting out of a pending class-action settlement with Visa Inc....
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Two senior Federal Reserve officials on Tuesday played down chances that the U.S. central bank would signal a readiness to taper bond buying at its meeting next month, dampening speculation the...
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U.S. stocks rose on Tuesday after comments from two Federal Reserve officials suggested that the central bank is not close to tapering its bond-buying program.
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The European Union is willing to deepen trade ties with China but wants to see concessions from Beijing first, documents seen by Reuters on Tuesday showed.
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