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Ebay exec emails: Feign surprise to Craigslist

Source: Reuters

Georgetown :: Guyana | updated Wed Dec 09 11:48:21 -0800 2009 | business-news

Bay Inc executive showed the Internet giant was aware that a competing online classifieds site it launched while sitting on the board of Craigslist was a sensitive issue to be handled delicately, according to court testimony on Tuesday. EBay executives...

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Dominican Port Authority freezes accounts of power companies, claims ...

Source: Dominican Today

La Vega :: Dominican Republic | updated Tue Dec 08 11:36:50 -0800 2009 | business-news

A Port Authority photo of Haina Oriental. Santo Domingo.- The Dominican Port Authority (Apordom) obtained court-ordered freezes on the accounts of three power companies, claiming that those companies don’t pay its services it estimates as high as RD$300 million.

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Whisky exports show 'resilience'

Source: BBC

Maracaibo :: Venezuela | updated Tue Dec 08 17:21:54 -0800 2009 | business-news

However, the value of these shipments dropped by 3.5% to £2.11bn, compared with 2008. France remained the industry's biggest export market and increased the number of bottles it imported by 9%. The Scotch Whisky Association said despite weak economic conditions...

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Microsoft Mines India Talent

Source: Asian Wall Street Journal

São Paulo :: Brazil | updated Mon Dec 07 15:02:40 -0800 2009 | business-news

Ravi Venkatesan, chairman of Microsoft Corp.'s Microsoft Corp. (India) Pvt. Ltd. unit, recently engaged in an email discussion with Wall Street Journal New Delhi Bureau Chief Paul Beckett on topics ranging from the perception of Indian management at multinational corporations...

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M&B four ousted over accounts

Source: Times Online

Nassau :: Bahamas | updated Sat Dec 05 17:07:10 -0800 2009 | business-news

The showdown was the spark that led to M&B, owner of 2,000 pubs, ousting the four rebels and preparing a report for the Takeover Panel concerning the activities of some of its shareholders. On Tuesday, M&B removed Richard McGuire and...

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Venezuela arrests bank chief close to government

Source: Reuters

Caracas :: Venezuela | updated Sat Dec 05 20:46:54 -0800 2009 | business-news

Venezuela arrested the brother of one of President Hugo Chavez's senior ministers on Saturday, the latest move in a clean-up of the financial system that has closed banks and pointed to corruption close to the government. Police arrested Arne Chacon...

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Venezuela seeks more arrests in banking scandal

Source: Houston Chronicle

Caracas :: Venezuela | updated Fri Dec 04 18:25:46 -0800 2009 | business-news

Venezuela — Venezuelan authorities have asked a court to order 10 more people detained in a scandal involving four banks shut down by the government due to irregularities, the attorney general said today. Attorney General Luisa Ortega Diaz also asked...

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Stocks on the move: Aeropostale, ICO, Family Dollar, Tenet, UTI

Source: Contra Costa Times

Icó :: Brazil | updated Thu Dec 03 16:50:28 -0800 2009 | business-news

Shares of the following companies are having unusual moves in U.S. trading this morning. Abercrombie & Fitch Co. (ANF US) fell 5.7 percent to $37.62 and sank 5.8 percent earlier, the most intraday since Oct. 28. The U.S. teen-apparel retailer...

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A. Schulman Inc. to acquire ICO Inc. at a premium of nearly 51%

Source: Crain's Cleveland Business

Icó :: Brazil | updated Thu Dec 03 13:23:26 -0800 2009 | business-news

Houston, in a cash-and-stock deal valued at about $191 million...Schulman will pay a premium of nearly 51% for the shares of ICO compared to ICO's closing price on Wednesday, Dec...Schulman said it will pay $105 million in cash and 5.1...

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Jamaica sugar estate divestment plans still continue

Source: Caribbean360

Kingston :: Jamaica | updated Thu Dec 03 08:41:30 -0800 2009 | business-news

Minister of Agriculture and Fisheries, Dr Christopher Tufton, is assuring that negotiations are proceeding for the divestment of the country's sugar estates and assets. He said there has been a constant flow of discussion and information gathering and experts are...

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