Finance & Economics

Australia woos rich investors with preferential visa plan

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Patent war: Apple renews bid to block Samsung's Galaxy Tab

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To boost declining profits, HP to layoff 27,000 workers by 2014 end

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Britain's green economy defies recession to grow 4.7 per cent

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GE invests $300 mn in Brazilian firm

Brazilian mogul Eike Batista's Grupo EBX has announced a "strategic accord" with General Electric Co.

It involves GE paying $300 million for a 0.8 percent stake in the industrial conglomerate.

China to give more priority of stabilizing growth as manufacturing contracts

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China has pledged more attention to "stabilizing economic growth" even as data released Thursday by HSBC indicated...

Origin, ConocoPhillips joint venture project receives $8.5bn loan

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Australia Pacific LNG, a joint venture of Origin, US major ConocoPhillips and China's Sinopec, has secured $8.5...

EU court upholds EC ruling against MasterCard on interchange fees

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An European Union court Thursday dismissed MasterCard's challenge against a European Commission ruling that the...

West New York Mayor, Son Arrested for Hacking and Disabling Website Calling for the Mayor’s Recall

The mayor of West New York, New Jersey and his son were arrested today for allegedly hacking into an e-mail account and website associated with a movement to recall the mayor, U.S. Attorney Paul J. Fishman announced.

Investment Club Manager Sentenced in Virginia to 12 Years in Prison for $40 Million Fraud

Alan James Watson, 47, of Clinton Township, Michigan, was sentenced today to 12 years in prison for fraudulently soliciting and accepting $40 million from more than 900 members of his investment club, Cash Flow Financial LLC (CFF).