IPO News
Global merger & acquisition meltdown
The global market for mergers and acquisitions remained depressed during the first half of 2008. M&A volume dropped 36 percent to $1.6 trillion, compared with the record-breaking first half of 20...
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UK building society Skipton mulled B&B bid-report
"Skipton considered bidding for Bradford & Bingley," John Goodfellow, chief executive of Britain's sixth-biggest building society said in the article. He said B&B customers would have supp...
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FOREX-Risk averse investors sweep yen, Swiss franc higher
LONDON, July 8 (Reuters) - The low-yielding Japanese yen rose against the euro and dollar on Tuesday and the Swiss franc also benefitted broadly as global economic jitters hobbled world stock marke...
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UPDATE 3-Gold firms as equities slip, dollar eases
LONDON, July 8 (Reuters) - Gold climbed in Europe on Tuesday as the dollar softened, oil steadied and a slide in equities sparked buying of the metal as an alternative investment.
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Fiat to work with BMW on small car platform-report
Earlier on Tuesday, Fiat Chief Executive Officer Sergio Marchionne had told journalists the company would sign an industrial alliance on cars on Wednesday, without giving any further details.
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Speculative debt defaults rise in 2nd qtr -Moody
LONDON, July 8 (Reuters) - The rate of defaults in speculative-grade debt rose to 2.0 percent in June from 1.5 percent at the end of the first quarter, as the credit crunch means companies struggle...
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TAKE A LOOK-India communists withdraw support for government
The communist parties that have provided the Indian government with a parliamentary majority for four years have said they are withdrawing their support to protest a civilian nuclear deal with the ...
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EU states endorse steps to cut standby power use
BRUSSELS, July 8 (Reuters) - European Union states approved a proposal for dramatic cuts in standby electricity consumption by household and office electrical appliances, the European Commission sa...
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Vueling shares up after merger with Clickair is announced
Madrid - Shares of the Spanish low-cost carrier Vueling rose by 21 per cent to 6.65 euros (10.46 dollars) Tuesday after its merger with Clickair was confirmed late Monday. Trading had been suspended i...
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Pa. company will acquire S.D.
Inovio Biomedical Corp., a San Diego company that developed technology for electrically charging cells to make them more porous for drugs to enter, said yesterday that it will be acquired in a reverse...
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Taiwan city educates people to flush away toilet paper
TAIPEI (Reuters) - A city in south Taiwan began training potty users this week to flush toilet paper instead of throwing it in the trash, to reduce 340 tonnes of stinky waste generated daily, local me...
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  • Papa John's says pizza industry struggling

    CHICAGO (Reuters) - The pizza industry is under more pressure now than it was at the beginning of the year, the chief executive of Papa John's International Inc (PZZA.O:

  • Slaying Spurs Call for Tolerance

    LOS ANGELES -- With his school uniform, eighth-grader Lawrence 'Larry' King wore purple eye shadow, nail polish and pink lipstick. In the weeks before he died, he added purple boots with three-inch heels. Classmates at E.O. Green Junior High School in