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RE.B 90.80 -1.45 (-1.57%)
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News Corp. Offers Bid for Consolidated Media
s Australian unit has offered 1.97 billion Australian dollars (US$2 billion) to buy Consolidated Media Holdings Ltd. in a move that, if successful, would strengthen the company's interest in Australia's largest pay-television service just as it ...
Dice Holdings Buys FINS.com From Dow Jones
Career-website operator Dice Holdings Inc. said Friday that it acquired FINS.com, an online resource for financial jobs, from Dow Jones & Co.
Seeking a Wizard: Time to Embrace Market Risk, or To Run From It?
Analyst at HSBC Holdings PLC have looked at more than 30 types of assets around the world, ranging from stocks in the Dow Jones Industrial Average to natural gas and wheat, since the 1990s and found that correlations in the past few months to be the ...
Apple and Google Expand Their Battle to Mobile Maps
Google has since entered the hardware business directly, buying Motorola Mobility Holdings, which makes phones. Google recently also launched a music, movie, book and mobile-app store to compete with Apple's iTunes.
Small Firms' Big Customers Are Slow to Pay
At the end of the first quarter, companies in the S&P 500 Index had record cash holdings of more than $1 trillion, compared with $609 billion four years earlier.
Libor Process Under Review
"We will now be asking the authorities to consider in what manner the Libor setting mechanism should be regulated in the future," the British Bankers' Association said Thursday.
China's Banks Target Australia
Royal Bank of Scotland Group PLC relocated its local fixed income, commodity and currency operations earlier this year, while many other European lenders have quietly cut back in more capital-intensive areas, such as lending.
Loophole at MF Global Is Headache for Regulators
Most of the senior executives at MF Global Holdings Ltd. weren't registered with commodities regulators, meaning the executives can't be charged with supervision failures related to the firm's collapse.
Ratings Cut for Giant Banks
In the U.K. Lloyds Banking Group PLC said that its one notch downgrade would have limited impact on the bank's funding costs and market capacity.
Before Vote, Greeks Move Cash, Hire Guards
For years now, Greeks have been moving money abroad or deciding to keep their holdings in cash—with the varying pace of flows serving as a barometer of public unease.