Starbucks praises ‘loyal’ UK customers

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Fall in the average amount spent by each customer at the coffee chain more than offsets a 2 per cent rise in customer numbers
Categories: Uncategorized

Boeing battery fire ‘unprecedented’

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Battery on Boeing aircraft spewed out hot, molten electrolytes, despite presence of numerous systems meant to prevent such an event, says NTSB chief
Categories: Uncategorized

President’s choice for SEC has daunting task

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Mary Jo White will join the SEC as it strives to recover its footing as Wall Street’s top enforcer, if confirmed by the Senate
Categories: Uncategorized

Morgan Stanley chief to take pay cut

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While investors responded enthusiastically when the bank reported fourth-quarter profits of $481m, it is still working its way through restructuring
Categories: Uncategorized

Noble Corp. says structural defects not at fault in jackup tilt

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Investigators have ruled out structural defects as a cause in the listing of the newbuild Noble Regina Allen jackup last month, Noble Corp. officials said.
Categories: Offshore
(Photo: Fotolia)

Seaway Pipeline capacity cut by ‘unforeseen constraints’

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Enterprise Products Partners LP told shippers today that capacity was limited on its expanded Seaway Pipeline due to “unforeseen constraints in outbound takeaway” at the Jones Creek terminal.
The LNG carrier, a tank ship designed for transporting liquefied natural gas, is towed into port. (Lex Van Lieshout, Getty Images)

Lawmakers urge exports of U.S. natural gas

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More than 100 lawmakers are urging Energy Secretary Steven Chu to permit more exports of natural gas.
Categories: General

S&P 500 briefly breaches 1,500

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Manufacturing figures point to further acceleration of China’s recovery, but technology stocks come under pressure after Apple’s disappointing results
Categories: Uncategorized

Microsoft price cuts hint for Windows PCs

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Revenues at software company barely rise and earnings fall amid a series of important product launches that dent short-term performance
Categories: Uncategorized

Barclays top brass face fresh Libor heat

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UK court told that email evidence suggests top executives knew the bank was lowballing its submissions to the rate-setting process
Categories: Uncategorized