Thursday, May 23rd, 2013

World

Hedge fund urges Jones Group to scale back - WSJ

(Reuters) - Activist hedge fund Barington Capital Group is urging fashion company Jones Group Inc to sell parts of its portfolio, the Wall Street Journal reported citing a person familia...
April 13, 2013, 8:58 am
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Judge denies $20 million severance to outgoing AMR chief

By Jonathan Stempel and Tanya Agrawal
(Reuters) - A judge has rejected a proposed severance package of nearly $20 million (13 million pounds) for Thomas Horton, the chairman and chief e...
April 13, 2013, 7:56 am

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US, Japan review nuclear 'deterrence' amid Korea crisis

WASHINGTON (AFP) - The United States reaffirmed Friday a longstanding commitment to protect Japan through nuclear "deterrence" after talks that coincided with mounting threats from nuclear-armed North Korea.
April 13, 2013, 7:43 am

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Japan, U.S. agree on Tokyo joining Trans-Pacific trade talks

By Kaori Kaneko and Doug Palmer
TOKYO/WASHINGTON (Reuters) - Japan and the United States on Friday agreed on a deal paving the way for Tokyo to join talks on an Asia-Pacific free trade ...
April 13, 2013, 7:21 am

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Different remits produce similar policies -British, U.S. central bankers

By Jonathan Spicer
BOSTON (Reuters) - The U.S. Federal Reserve and the Bank have set monetary policy in similar ways regardless of their contrasting official mandates, top British and U...
April 13, 2013, 7:05 am

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South American central banks monitoring impact stimulus may have on currencies

RIO DE JANEIRO (Reuters) - Several South American central banks said on Friday that they are paying "special attention" to rising global liquidity resulting from easy-money policies in developed count...
April 13, 2013, 6:49 am
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Crunch-time for money managers as swaps clearing deadline nears

By John McCrank
NEW YORK (Reuters) - Asset managers have been slow to set up accounts with clearing houses for over-the-counter derivatives ahead of a mandatory deadline, creating a nea...
April 13, 2013, 6:31 am
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Venezuela says it foiled plot to destabilize presidential vote

By Todd Benson
CARACAS (Reuters) - Venezuela's government said on Friday it foiled a plot to destabilize Sunday's presidential election, the latest in a flurry of claims that the opposi...
April 13, 2013, 6:05 am

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U.S. downplays report on North Korean nuclear missile capability

By Mark Hosenball and Matt Spetalnick
WASHINGTON (Reuters) - The Obama administration on Friday played down a Pentagon spy agency report that triggered alarm that North Korea might be a...
April 13, 2013, 5:46 am
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EU's six largest members agree to fight tax havens

By John O'Donnell and Jan Strupczewski
DUBLIN (Reuters) - The European Union's six biggest countries agreed on Friday to cooperate in the fight against tax havens, piling pressure on Au...
April 13, 2013, 5:44 am

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Europe needs clear order for loss imposition in bank closures - ECB

DUBLIN (Reuters) - Europe must clearly state the order in which it will impose losses on bank shareholders, creditors and depositors when it closes a bank and these rules should be in place from 2015,...
April 13, 2013, 5:25 am

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EU growth strategy is failure so far - EU study

By Jan Strupczewski
DUBLIN (Reuters) - The European Union's economic growth strategy has been a failure so far and unless bold steps are taken the economy will continue to stagnate, a s...
April 13, 2013, 5:24 am

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United States puts Japan on notice in currency report

By Anna Yukhananov
WASHINGTON (Reuters) - The Obama administration on Friday put Japan on notice that it was watching its economic policies to ensure they were not aimed at devaluing th...
April 13, 2013, 4:27 am

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Europe's Barroso seeks "living" trade pact with U.S

By Daniel Bases
NEW YORK (Reuters) - European Commission President Jose Manuel Barroso said on Friday that he seeks to negotiate a "living agreement" to help deepen economic and trade t...
April 13, 2013, 3:41 am

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Goldman CEO Blankfein got 75 percent compensation boost in 2012

By Lauren Tara LaCapra
NEW YORK (Reuters) - Goldman Sachs Group Inc's board awarded Chief Executive Lloyd Blankfein a 75 percent increase in compensation, to $21 million (1...
April 13, 2013, 3:26 am

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EU antitrust chief sees decisions in Libor probe by end of year

WASHINGTON (Reuters) - Europe's competition authority should have its first decisions by the end of the year in an investigation of alleged manipulation of key international interest rates, EU Competi...
April 13, 2013, 2:56 am

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Former Immofinanz boss convicted of breach of trust

VIENNA (Reuters) - The former head of Austrian property group Immofinanz was convicted of breach of trust on Friday over stock option deals that prosecutors said had bilked investors. ...
April 13, 2013, 2:43 am

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Kerry backs S. Korea bid to ease crisis with North

SEOUL (AFP) - US Secretary of State John Kerry Friday demanded North Korea scrap an expected missile test and dial down its virulent rhetoric -- but also backed new peace overtures by Seoul and appealed for reason to prevail.
April 13, 2013, 2:40 am

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Israel fires into Syria after Golan troops come under fire

JERUSALEM (Reuters) - The Israeli military said it fired artillery into Syria on Friday after its troops were shot at on the Israeli-occupied Golan Heights, in the latest of a series of shooting incid...
April 13, 2013, 2:37 am

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