Google, like Facebook, in talks to buy Waze for about $1 billion: report
[Reuters] 24 May, 2013
(Reuters) - Google Inc is considering buying Israeli mobile satellite navigation start-up Waze Inc, which may lead to a bidding war with Facebook Inc, ...
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Procter & Gamble brings back former CEO to fix company
[Reuters] 24 May, 2013
(Reuters) - Procter & Gamble Co on Thursday brought back A.G. Lafley to run the world's largest household products maker, replacing Bob McDon ...
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Goldman unveils checks on conflicts in bid to fix image
[Reuters] 23 May, 2013
SALT LAKE City (Reuters) - After dozens of meetings with executives and regulators, 100,000 hours of employee training and an immeasurable amount of p ...
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Former Goldman banker settles SEC 'pay-to-play' charges
[Reuters] 23 May, 2013
WASHINGTON/CHICAGO (Reuters) - A former Goldman Sachs Group Inc. investment banker has agreed to a five-year securities industry ban and a record fine ...
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Gap profit soars; Aeropostale first quarter sales plummet
[Reuters] 23 May, 2013
(Reuters) - Gap Inc reported a higher first-quarter profit on Thursday, helped by a rise in same-store sales at its Old Navy and namesake chains, and ...
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Gap first-quarter profit rises 43 percent
[Reuters] 23 May, 2013
(Reuters) - Gap Inc reported a higher first-quarter profit on Thursday, helped by a rise in same-store sales at its Old Navy and namesake chains, and ...
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Sprint, SoftBank complete U.S. state regulatory review process
[Reuters] 23 May, 2013
NEW YORK (Reuters) - Sprint Nextel and SoftBank Corp said on Thursday they had received all necessary state regulatory approvals for the Japanese comp ...
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Icahn seeks up to $7 billion for Dell bid
[Reuters] 23 May, 2013
NEW YORK (Reuters) - Activist investor Carl Icahn and Southeastern Asset Management Inc have initiated talks with banks and asset managers to line up ...
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Pakistan stocks snap record run, lose 116 points
[Geo TV] 23 May, 2013
KARACHI: Karachi Stock Exchange(KSE) Thursday snapped its record-making run following a global fall in the equity
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FBR urged to rationalize withholding tax on pharma
[Business Recorder] 23 May, 2013
LAHORE: Pharmaceutical distributors have demanded of the Federal Board of Revenue (FBR) to rationalize Withholding Tax on Pharma distributors as their ...
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SC issues notice to Secretary Finance in Nandipur project case
[Business Recorder] 23 May, 2013
ISLAMABAD: The Supreme Court on Thursday issued a notice to the Secretary Finance regarding the non-issuance of sovereign guarantee for Nandipur Power ...
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Jobs, housing data show economy has some muscle
[Reuters] 23 May, 2013
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week, pointing to resilience in the labor market ...
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SC dismisses Mehnati's petition regarding rigging in Karachi
[Business Recorder] 23 May, 2013
ISLAMABAD: The Supreme Court on Thursday dismissed a petition filed by Muhammad Hussain Mehnati, Ameer Jamaat-i-Islami (JI), Karachi regarding the rig ...
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UAE court reserves judgment regarding Tauqir Sadiq: SC informed
[Business Recorder] 23 May, 2013
ISLAMABAD: The Supreme Court was informed on Thursday that a UAE court had reserved its judgment over the deportation of former OGRA chief Tauqir Sadd ...
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Pak foreign reserves figure $11.433 billion
[Business Recorder] 23 May, 2013
KARACHI: Total liquid foreign reserves of the country amount to dollars 11.433 billion, said a State Bank of Pakistan report.According to SBP weekly s ...
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U.S., China factories struggle; Fed hints at less stimulus
[Reuters] 23 May, 2013
LONDON/NEW YORK (Reuters) - Chinese factory activity declined in May for the first time in seven months and U.S. manufacturing grew at its slowest pac ...
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New car sales seen up 6-8 percent in May: analysts
[Reuters] 23 May, 2013
DETROIT (Reuters) - Auto sales in May are expected to rise 6 percent to 8 percent and the annual sales pace should rebound back above 15 million vehic ...
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Former Chrysler, Fisker CEO launches venture fund with Penske
[Reuters] 23 May, 2013
DETROIT (Reuters) - Tom LaSorda, the former chief executive of Chrysler Group LLC and Fisker Automotive, is launching a venture capital fund with raci ...
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