Fed minutes show slow crisis reaction

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Transcripts of Federal Reserve meetings raise question of whether the recession would have been less severe if US central bank had reacted faster
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China accounts probe hits Caterpillar

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The US group is forced to take a charge of $580m after it uncovered overstated profit and inventory at the Siwei subsidiary it acquired last year
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Best paid plans going astray for bankers

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Despite all the noise about pay, the real change at the Wall Street banks has been cuts in headcount rather than individual bonuses
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National Oceans Policy Is About Streamlining

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This blog was written by Dr. Amber Mace,  Associate Director, Policy Institute for Energy, Environment & The Economy, University of California, Davis. Prior to joining UC Davis, Dr. Mace served as assistant secretary for coastal matters at the California Natural Resources Agency. Soon President Obama will release his final National Ocean Policy Implementation Plan. With […]
Categories: General

Chinese growth figures support shares

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Equities advance after China’s economy posts better than expected fourth-quarter growth, breaking a run of seven weaker readings
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Irish burger baron denies cost cutting

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Larry Goodman said ABP Food Group had never bought or traded in horse meat and suspected contamination came from product sourced from the Continent
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New Yorker writer Steve Coll gives an in-dept look at the oil giant's evolution in 'Private Empire: ExxonMobil and American Power'

‘Private Empire’ delivers in-depth look at ExxonMobil’s evolution

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In his weekly book review, Houston Chronicle business columnist Loren Steffy reviews New Yorker writer Steve Coll’s ‘Private Empire: ExxonMobil and American Power’.

IMF warns Greece may need €10bn more

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Fund praises a raft of Athens austerity and reform legislation, but warned that the biggest risk to the plan’s success remained the country’s political stability
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Chinese labour pool begins to drain

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China’s working age population has shrunk for the first time in recent history, marking the beginning of a trend that will accelerate over two decades
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Goldman doubles Blankfein stock bonus

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News of Mr Blankfein’s stock bonus comes two days after the New York-based investment bank reported its most profitable quarter in about three years
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