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Nov. 14 (Bloomberg) -- President Barack Obama promised broader engagement with Asia, staking a U.S. claim in shaping the future development of a region that is leading the world out of recession. “We look to rising powers with the view...

Slaughter and May is a "Magic Circle" law firm based in the City of London England. Slaughter and May advises the most FTSE 100 companies (28) of any law firm in the Magic Circle. Partners Glen James Simon Hall and...

TThe dollar, which was low yielding since last many months, rose against most major currencies after Dubai’s attempt to holdup debt. This situation stimulated investors to sell higher-yielding assets backed by the currency. The yen declined against the dollar after...

Real-estate investors are preparing for a firesale of prime properties from London to New York should Dubai decide to raise cash by selling liquid assets held by its investment companies. Istithmar, the investment arm of Dubai World, was one of...

Vodafone is preparing to double its cost-cutting drive to £2bn as it battles against the economic slump and fierce competition and looks to hit the acquisition trail in 2012. Vittorio Colao, the mobile phone giant's chief executive, said that the...

Professional networking site LinkedIn and micro-blogging service Twitter have joined forces to enable cross posting of LinkedIn status updates or Tweets to ensure they reach the widest possible audience. The service is not yet available to all LinkedIn users (myself...

Sainsbury's to cut one-third of carbon emissions from fridges Supermarket chain announces plans to change freezer technology to avoid use of polluting F-gases Sainsbury's, Britain's third-biggest supermarket chain, will tomorrow announce plans to cut its carbon footprint by one-third by...

W.Va. — A federal grand jury in West Virginia has linked five more people to an international scam that defrauded several states out of more than $3.3 million. Michael Ochenge, Robert Otiso, Paramena Shikanda, Albert Gunga and Collins Masese have...

The US led a backlash against the “Tobin tax” on financial transactions after Mr Brown took a Group of 20 finance ministers’ meeting by surprise with his proposal at the gathering in St Andrews, Scotland. In private briefings, UK officials...