Posted by Reuters: Business News on November 16, 2011
(Reuters) – Apple Inc moved to shore up its board after the death of Silicon Valley legend Steve Jobs, appointing Walt Disney Co chief executive Bob Iger to its board to propel its media ambitions.
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Posted by Reuters: Business News on November 11, 2011
ROME/ATHENS (Reuters) – Italy’s Senate is set to vote on Friday on austerity measures demanded by the European Union to avert a euro zone meltdown, after U.S. President Barack Obama ratcheted up pressure for more dramatic action.
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Posted by Reuters: Business News on
ROME/ATHENS (Reuters) – Italy moved closer to a national unity government on Thursday, following Greece’s lead in seeking a respected veteran technocrat to pilot painful economic reforms in an effort to avert a euro zone bond market meltdown.
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Posted by Reuters: Business News on October 31, 2011
NEW YORK (Reuters) – Jon Corzine’s bid to revive his Wall Street career crashed and burned on Monday when his futures brokerage MF Global Holdings Ltd filed for bankruptcy protection following bad bets on euro zone debt.
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Posted by Reuters: Business News on
NEW YORK (Reuters) – MF Global Holdings Ltd, the futures broker run by former Goldman Sachs chief Jon Corzine, has filed for Chapter 11 bankruptcy after a tentative deal with a buyer fell apart.
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Posted by Reuters: Business News on
NEW YORK (Reuters) – MF Global Holdings Ltd was suspended from conducting new business with the New York Fed on Monday, and its shares were halted, as the troubled brokerage run by former Goldman executive Jon Corzine neared a deal on its future.
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Posted by Reuters: Business News on
NEW YORK (Reuters) – The New York Fed suspended MF Global from conducting new business with the central bank on Monday and its shares were suspended, as the troubled brokerage nears a deal on its future.
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Posted by Reuters: Business News on
NEW YORK (Reuters) – Troubled brokerage MF Global Holdings Ltd was nearing a deal late on Sunday night to file for bankruptcy protection and sell assets to Interactive Brokers Group , media reports said.
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Posted by Reuters: Business News on October 30, 2011
NEW YORK (Reuters) – MF Global Holdings Ltd was in talks on Sunday with possible buyers with the goal “squarely” of doing a deal, though all options remained on the table as the firm hired restructuring and bankruptcy advisers, sources familiar with the situation said.
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Posted by Reuters: Business News on October 28, 2011
BOSTON (Reuters) – Over the past three years, the foreign exchange franchise at Bank of New York Mellon Corp has been challenged by unhappy clients who want more transparent pricing and by the advent of electronic trading.
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