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This is Oxfordshire
Dominic Chappell 'took a bit of a punt' in BHS purchaseThe man who acquired BHS for £1 from billionaire Sir Philip Green was taking a
Dominic Chappell 'took a bit of a punt' in BHS purchase
This is Oxfordshire / Posted a minute ago
The man who acquired BHS for £1 from billionaire Sir Philip Green was taking a "punt" on the successful turnaround of the firm, MPs have been told. Andrew Frangos of Cornhill Capital, the company tasked with finding funding for twice bankrupt... Read more
1m
The Courier Mail
Plans to put paid to credit card trapBANKS would be forced to make it harder for Australians to get a credit card un
Plans to put paid to credit card trap
The Courier Mail / Posted a minute ago
BANKS would be forced to make it harder for Australians to get a credit card under a Turnbull Government plan to help end the plastic debt trap. Worried over too many becoming addicted to plastic and the lack of competition between banks, Treasurer... Read more
1m
Lancashire Telegraph
Dominic Chappell 'took a bit of a punt' in BHS purchaseThe man who acquired BHS for £1 from billionaire Sir Philip Green was taking a
Dominic Chappell 'took a bit of a punt' in BHS purchase
Lancashire Telegraph / Posted a minute ago
The man who acquired BHS for £1 from billionaire Sir Philip Green was taking a "punt" on the successful turnaround of the firm, MPs have been told. Andrew Frangos of Cornhill Capital, the company tasked with finding funding for twice bankrupt... Read more
36 related stories
3m
Zero Hedge
Just Stop It!Submitted by David Stockman via Contra Corner blog, The posse of fools in the
Just Stop It!
Zero Hedge / Posted 3 minutes ago
Submitted by David Stockman via Contra Corner blog, The posse of fools in the Eccles Building is so petrified of a stock market hissy fit that it has more or less created a Wall Street doomsday machine. After trolling on the zero bound for 89... Read more
4m
Channel NewsAsia
Bulgari to build hotel in Russia with Magnit minority shareholderMOSCOW: Italian jeweler Bulgari has teamed up with Russian real estate investor
Bulgari to build hotel in Russia with Magnit minority shareholder
Channel NewsAsia / Posted 4 minutes ago
MOSCOW: Italian jeweler Bulgari has teamed up with Russian real estate investor Alexei Bogachev to build its first hotel in the country, it said on Wednesday, a day after opening its second Russian store. Bogachev, who also invests in agriculture... Read more
4m
Zero Hedge
Emerging Markets Turmoil Signal Pain Ahead For US StocksFollow EM or not? That is the big question that BofAML asks as once again Emerg
Emerging Markets Turmoil Signal Pain Ahead For US Stocks
Zero Hedge / Posted 4 minutes ago
Follow EM or not? That is the big question that BofAML asks as once again Emerging Market stocks are decoupling (lower) from an exuberant US equity market. After a big rally in risk assets today the S&P 500 is up and credit tighter (CDX IG)/ higher... Read more
5m
tribalfootball.com
Rafa Benitez agrees deal with Newcastlehas agreed a three-year deal with relegated Newcastle United. The Spaniard is
Rafa Benitez agrees deal with Newcastle
tribalfootball.com / Posted 5 minutes ago
has agreed a three-year deal with relegated Newcastle United. The Spaniard is now travelling to Tyneside from his Merseyside home today to sign the paperwork, says the Daily Star. There had been a break clause in the deal Benitez signed back in... Read more
5m
News 8000
Shell is cutting another 2,200 jobsOil prices are up, but the job losses just keep coming. Royal Dutch Shell is t
Shell is cutting another 2,200 jobs
News 8000 / Posted 5 minutes ago
Oil prices are up, but the job losses just keep coming. Royal Dutch Shell is the latest oil company to cut back, announcing 2,200 job losses Wednesday as it attempts to cope with "lower for longer oil." The latest round of cuts brings total job... Read more
36 related stories
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Fortune
Shell to Cut 2,200 More Jobs in Face of Weak Oil PricesRoyal Dutch Shell rdsa will cut a further 2,200 jobs, taking its target for lay
Shell to Cut 2,200 More Jobs in Face of Weak Oil Prices
Fortune / Posted 6 minutes ago
Royal Dutch Shell rdsa will cut a further 2,200 jobs, taking its target for layoffs to 12,500 by the end of the year, the Anglo-Dutch oil firm said on Wednesday, as it cuts deeper in the face of weak oil prices. Shell let go 7,500 staff and direct... Read more
36 related stories
6m
USA Today
Oil prices near $50 per barrelOil prices edged closer to the $50 mark on Wednesday as the commodity's gains c
Oil prices near $50 per barrel
USA Today / Posted 6 minutes ago
Oil prices edged closer to the $50 mark on Wednesday as the commodity's gains continued amid signs of declining U.S. inventories. The price of West Texas Intermediate oil rose 1.1% to $49.14 at 7:25 a.m. following reports late Tuesday that the... Read more
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USA Today
SEC probes Alibaba's Singles DayThe U.S. Securities and Exchange Commission is probing Chinese e-commerce giant
SEC probes Alibaba's Singles Day
USA Today / Posted 6 minutes ago
The U.S. Securities and Exchange Commission is probing Chinese e-commerce giant Alibaba's annual blockbuster sales day, the company acknowledged. Alibaba said in a public filing late Tuesday that the SEC is investigating "our reporting of operating... Read more
7m
birminghammail
Do not compare me with Carson Yeung - Dr Tony XiaSpeaking to the Daily Telegraph's Beijing Correspondent Neil Connor, Xia expres
Do not compare me with Carson Yeung - Dr Tony Xia
birminghammail / Posted 7 minutes ago
Speaking to the Daily Telegraph's Beijing Correspondent Neil Connor, Xia expressed his anger at the connection. He stated: "Don't put my name with him. "It offends me. "We are two different worlds" Xia on Carson Yeung, bit angry: "Don't put my... Read more
7m
SKY News
New Greek Bailout Package 'Is A Breakthrough'EU officials have described a new Greek bailout package worth €10.3bn (£7.9bn)
New Greek Bailout Package 'Is A Breakthrough'
SKY News / Posted 7 minutes ago
EU officials have described a new Greek bailout package worth €10.3bn (£7.9bn) as a "major breakthrough" - days after the country approved painful tax increases and budget cuts. The deal also includes the prospect of debt relief for Athens in the... Read more
117 related stories
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Northern Echo
Dominic Chappell 'took a bit of a punt' in BHS purchaseMr Chappell's ambitions also included buying other retailers in Switzerland and
Dominic Chappell 'took a bit of a punt' in BHS purchase
Northern Echo / Posted 7 minutes ago
Mr Chappell's ambitions also included buying other retailers in Switzerland and the UK, MPs were told. MPs from the Pensions and Business committees are investigating events surrounding the collapse of BHS, which fell into administration in April,... Read more
36 related stories
7m
Los Angeles Times
Shari Redstone emerges as a pivotal figure in the battle for ViacomShari Redstone has long been on the sidelines of her father's $40-billion media
Shari Redstone emerges as a pivotal figure in the battle for Viacom
Los Angeles Times / Posted 7 minutes ago
Shari Redstone has long been on the sidelines of her father's $40-billion media empire. But in the last month she has emerged as a central figure in the battle over the future of Viacom Inc. and CBS Corp. The 62-year-old vice chair of the two media... Read more
249 related stories
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The Irish Times
Buy one Clinton, get another one for freeObviously he won’t spend his time baking cookies. So what will he do? Last week
Buy one Clinton, get another one for free
The Irish Times / Posted 10 minutes ago
Obviously he won’t spend his time baking cookies. So what will he do? Last week Hillary Clinton stirred up a flurry of comments by suggesting that Bill Clinton would be “in charge of revitalising the economy.” You can see why she might want to say... Read more
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The Irish Times
AIB’s riskiest bonds jump as bank denies whistleblower claimsAIB’s riskiest bonds have surged since the bank moved this week to draw a line
AIB’s riskiest bonds jump as bank denies whistleblower claims
The Irish Times / Posted 10 minutes ago
AIB’s riskiest bonds have surged since the bank moved this week to draw a line under whistleblower allegations that it has overplayed progress on dealing with troubled loans. The bank sold €500 million of additional Tier 1 (AT1) notes in December as... Read more
2 related stories
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The Irish Times
Ulster Bank to sell €875m of troubled mortgagesThe mortgages, a third of which are against 900 private dwellings, are part of
Ulster Bank to sell €875m of troubled mortgages
The Irish Times / Posted 10 minutes ago
The mortgages, a third of which are against 900 private dwellings, are part of a broader portfolio of loans with a par value of €2.5 billion that the UK government-controlled lender is launching this week. The loans will be sold at a discount,... Read more
10m
The Florida Times-Union
Aetna plans move from Jacksonville’s SouthbankAetna is leaving the Southbank for Jacksonville’s Southside. The company annou
Aetna plans move from Jacksonville’s Southbank
The Florida Times-Union / Posted 10 minutes ago
Aetna is leaving the Southbank for Jacksonville’s Southside. The company announced late Monday that it will be moving its Jacksonville operation from its signature tower on the Southbank to an office building at 9000 Southside Blvd., near The... Read more
10m
The Star
Barakah consortium bags RM84.1mil Rapid contractKUALA LUMPUR: Barakah Offshore Petroleum Bhd’s unit, PBJV Group Sdn Bhd, in con
Barakah consortium bags RM84.1mil Rapid contract
The Star / Posted 10 minutes ago
KUALA LUMPUR: Barakah Offshore Petroleum Bhd’s unit, PBJV Group Sdn Bhd, in consortium with Macfeam Sdn Bhd, has received a letter of award (LoA) from PRPC Utilities and Facilities Sdn Bhd for a contract worth RM84.1mil. In a filing with Bursa... Read more
11m
Market Watch
M&S shares fall as profit warning shakes investorsLONDON--Marks & Spencer Group PLC reported a steep drop in full-year profit and
M&S shares fall as profit warning shakes investors
Market Watch / Posted 11 minutes ago
LONDON--Marks & Spencer Group PLC reported a steep drop in full-year profit and warned that earnings would stay squeezed as it works to revive its struggling Clothing and Home arm. Shares plunged 8% in morning trading in London as the British... Read more
2 related stories
11m
Market Watch
U.S. goods deficit shows higher trade gap in AprilThe U.S. trade deficit in goods rose in April. An early look at U.S. trade pat
U.S. goods deficit shows higher trade gap in April
Market Watch / Posted 11 minutes ago
The U.S. trade deficit in goods rose in April. An early look at U.S. trade patterns in April suggest the nation’s trade deficit rose about 3.4%, as imports increased faster than exports. The trade gap in goods — services are excluded — rose to... Read more
11m
West Moreland Gazette
Dominic Chappell 'took a bit of a punt' in BHS purchaseThe man who acquired BHS for £1 from billionaire Sir Philip Green was taking a
Dominic Chappell 'took a bit of a punt' in BHS purchase
West Moreland Gazette / Posted 11 minutes ago
The man who acquired BHS for £1 from billionaire Sir Philip Green was taking a "punt" on the successful turnaround of the firm, MPs have been told. Andrew Frangos of Cornhill Capital, the company tasked with finding funding for twice bankrupt... Read more
36 related stories
11m
Market Watch
Alibaba's stock slumps after disclosure of SEC probe into Singles Day data, consolidation practicesShares of Alibaba Group Holding Ltd. BABA, +2.68% slumped 2.7% in premarket tra
Alibaba's stock slumps after disclosure of SEC probe into Singles Day data, consolidation practices
Market Watch / Posted 11 minutes ago
Shares of Alibaba Group Holding Ltd. BABA, +2.68% slumped 2.7% in premarket trade Wednesday, after the China-based ecommerce giant disclosed in a filing that it was being investigated by the U.S. Securities and Exchange Commission. The company said... Read more
11m
Market Watch
Bank of Montreal lifts dividend despite profit dipBank of Montreal, Canada's fourth-largest lender by assets, raised its dividend
Bank of Montreal lifts dividend despite profit dip
Market Watch / Posted 11 minutes ago
Bank of Montreal, Canada's fourth-largest lender by assets, raised its dividend on Wednesday and reported fiscal second-quarter earnings that were lower than a year earlier and missed expectations. Toronto-based BMO, the first Canadian bank to... Read more
12m
Investopedia
The Top 4 AT&T Shareholders (T)After Alexander Graham Bell’s invention, the telephone, the American Telephone
The Top 4 AT&T Shareholders (T)
Investopedia / Posted 12 minutes ago
After Alexander Graham Bell’s invention, the telephone, the American Telephone and Telegraph Company was born in 1875. In 1984, the Bell System was broken up into eight different companies spawning AT&T Inc. (NYSE: T). In 2016, AT&T is a global... Read more
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Investopedia
PBOC Pegs Yuan to Lowest Level Since 2011The People's Bank of China lowered the yuan trading focus to 6.5693 per dollar,
PBOC Pegs Yuan to Lowest Level Since 2011
Investopedia / Posted 12 minutes ago
The People's Bank of China lowered the yuan trading focus to 6.5693 per dollar, the lowest since March 2011 and 0.3% lower than Tuesday’s closing price. This comes after the gauge of the dollar’s strength rose to its highest level in two months... Read more
12m
Investopedia
European Shares Up on Greece Bailout, Oil GainsOn Wednesday, the European stock market – measured by the Stoxx Europe 600 – ro
European Shares Up on Greece Bailout, Oil Gains
Investopedia / Posted 12 minutes ago
On Wednesday, the European stock market – measured by the Stoxx Europe 600 – rose by 1.00% (at the time of writing), after Greece’s lenders reached an agreement on a bailout package, and oil prices approached $50 per barrel. All sectors were trading... Read more
12m
The Financial Express
CEOs pay climbs again, even as their stock prices don’tThe typical chief executive in the Standard & Poor’s 500 index made .8 million,
CEOs pay climbs again, even as their stock prices don’t
The Financial Express / Posted 12 minutes ago
The typical chief executive in the Standard & Poor’s 500 index made .8 million, including bonuses, stock awards and other compensation, according to a study by executive data firm Equilar for The Associated Press. That’s up from the median of .3... Read more
10 related stories
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The Financial Express
Saudi should keep options open on currency peg: Central bank paperThe central bank said the paper, which it published late last month on the same
Saudi should keep options open on currency peg: Central bank paper
The Financial Express / Posted 13 minutes ago
The central bank said the paper, which it published late last month on the same day that Deputy Crown Prince Mohammed bin Salman announced reforms to cut the country’s reliance on oil, did not necessarily reflect its views. (Reuters) Saudi Arabia... Read more
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