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Rio's Cloud Peak down in debut

Reuters - 7 hours 16 mins ago

NEW YORK (Reuters) - Investors bet on growth in the IPOs of a Chinese hotel chain and an online education company on Friday, but were less enthusiastic about a spin-off of mining giant Rio Tinto. More »

  • Walker eyes on shareholder rules 

    Reuters - 11 hours 12 mins ago

    LONDON (Reuters) - City of London grandee David Walker risks opening a Pandora's box if he turns shareholder rights into duties and requires investors to explain why they have sold shares as part of a review of bank pay and practices. More »

  • Hershey's candy boxes are seen inside a store in New York, November 18, 2009. REUTERS/Shannon Stapleton

    Hershey mulls £10 billion solo bid for Cadbury - source 

    Reuters - 11 hours 34 mins ago

    PHILADELPHIA (Reuters) - U.S. chocolate maker Hershey Co is considering launching a bid of at least $17 billion (10 billion pounds) for chocolatier Cadbury Plc as it seeks to trump a hostile offer by Kraft Foods Inc, a source familiar with the matter said on Friday. More »

  • Rothschild star, Buffett banker circle Cadbury 

    Reuters - Yesterday, 08:12 pm

    LONDON/PHILADELPHIA (Reuters) - Akeel Sachak, global head of the consumer team at Rothschild, may get a seat at the table for this year's sweetest deal after all. More »

  • Signs of life for credit market - Experian

    Reuters - Yesterday, 05:03 pm

    LONDON (Reuters) - Credit information firm Experian is seeing signs of life emerging in the credit services market from 2010, as some lenders begin to plan for new customers after two years of tightening the purse strings. More »

  • Cadbury CFO meets investors in New York

    Reuters - Yesterday, 04:59 pm

    NEW YORK (Reuters) - Cadbury Plc cancelled a keynote appearance at a Morgan Stanley conference in New York this week but sent its chief financial officer for one-on-one meetings with investors instead. More »

  • Goldman asked to be less greedy-report 

    Reuters - Yesterday, 02:31 pm

    NEW YORK (Reuters) - Big shareholders at Goldman Sachs have asked the U.S. bank, which is on track to pay out the biggest bonuses in the company's history, to pass more profit to investors, the Wall Street Journal reported on Friday. More »

  • Trichet warns banks risk addiction to support 

    Reuters - Yesterday, 02:11 pm

    FRANKFURT (Reuters) - Banks risk becoming addicted to cheap central bank cash used to fight the financial crisis and must prepare for its eventual withdrawal, the head of the ECB warned at a Frankfurt banking conference on Friday. More »

  • First Quench Retail to cut 1,900 jobs 

    Reuters - Yesterday, 01:22 pm

    LONDON (Reuters) - Over 1,900 workers at , the group behind wine retailer chains Threshers and Wine Rack, are losing their jobs after the administrator failed to find buyers for 381 stores. More »

  • Tesco takes further step in banking push 

    Reuters - Yesterday, 01:04 pm

    LONDON (Reuters) - Tesco took a further step on its journey to become a force in banking by signing up U.S. group Fiserv to provide the technology platform for its financial services business. More »

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