Posts Tagged ‘ Declined ’

TPG willing to invest $1 billion in Olympus 

January 14, 2012
TPG willing to invest $1 billion in Olympus 

A disassembled Olympus camera and its parts are seen in this illustrative photograph taken in Tokyo November 24, 2011. Private equity firm TPG Capital is willing to invest about $1 billion in Japan’s Olympus Corp in a joint deal with Sony Corp or another suitor circling the scandal-hit firm, a person familiar with TPG’s thinking [...]

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Amazon weighed buying RIM, interest cooled 

December 21, 2011
Amazon weighed buying RIM, interest cooled 

A BlackBerry handset is displayed in Washington, December 15, 2011. Research In Motion Ltd has turned down takeover overtures from Amazon.com Inc and other potential buyers because the BlackBerry maker prefers to fix its problems on its own, according to people with knowledge of the situation. Amazon hired an investment bank this summer to review [...]

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CME’s Duffy vs MF Global’s Corzine: A question of trust 

December 19, 2011
CME’s Duffy vs MF Global’s Corzine: A question of trust 

Terrence Duffy, executive chairman of the Chicago Mercantile Exchange (CME) Group. The drama over the meltdown of the brokerage firm MF Global pivots around a clash between two veteran traders who rose from relatively humble roots to the very top of the futures-trading business. One is Jon Corzine, the firm’s former CEO who just testified [...]

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Court battle looms between US and AT&T, T-Mobile 

September 1, 2011
Court battle looms between US and AT&T, T-Mobile 

AT&T mobile phones are seen for sale alongside T-Mobile phones at a RadioShack electronics store in Los Angeles August 31, 2011. The Justice Department made a bold move when it sued to block AT&T Inc’s $39 billion acquisition of T-Mobile. Now comes the hard part: going to court. The government is asking a federal judge [...]

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Card sharks stalk tourists 

May 24, 2011
Card sharks stalk tourists 

   (L-R) Four Filipinos, Estreuta M. Debelem, Aserdin Cadion Eduardo, Pineda Sevilla Regina, and Elizag Jovito Corpuz, were arrested in Ho Chi Minh City on May 3, 2010 in a gambling con investigation. They were released and not charged with the crime. Last May, Ho Chi Minh City police arrested four Filipino nationals as they [...]

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Vietnam default swaps soar as lenders await Vinashin repayment 

December 20, 2010
Vietnam default swaps soar as lenders await Vinashin repayment 

Workers at the Dung Quat shipyard owned by Vinashin, which amassed debts of US$4.4 billion after its ill-fated expansion attempt. The cost to insure Vietnam’s debt against default soared to its highest level in 17 months as international lenders wait for the state-run shipping company to make a US$60 million loan repayment due today. Credit-default [...]

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Apple suppliers point to new camera-toting iPad in 2011 

December 10, 2010

  Component suppliers for Apple Inc’s iPad are gearing up for a new round of production in the first quarter, sources said on Friday, with one saying the product will be a revamp of the popular tablet computer including front- and back-mounted cameras. Touchscreen chip designer Wintek Corp, battery maker Simplo Technology Co Ltd and [...]

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UBS chief says he expects further client withdrawals

August 5, 2009
UBS chief says he expects further client withdrawals

Pedestrians walk past the UBS AG bank headquarters in Zurich, Switzerland on July 12, 2009 UBS AG, Switzerland’s largest bank by assets, will see further withdrawals by wealthy clients after reporting a third consecutive quarterly loss, Chief Executive Officer Oswald Gruebel said. UBS fell as much as 5.9 percent in Zurich trading as Gruebel said [...]

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US lender says its failure risks demise of customers

July 14, 2009
US lender says its failure risks demise of customers

Pedestrians walk outside CIT headquarters in New York, US, on July 10, 2009. CIT Group Inc., the century-old US lender that hasn’t been able to persuade the government to back its debt sales, says its demise would put 760 manufacturing clients at risk of failure. A collapse would “precipitate a crisis” for as many as [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...