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Merrill set to sell Bloomberg stake for $4.5bn
Some interesting news for those who follow the fate of Michael Bloomberg. It seems the meltdown in the financial sector has allowed him to buy back a big stake of his empire from Merrill Lynch."Merrill Lynch is set to sell its 20 per cent stake in Bloomberg for about...
EMI to cut up to a third of workforce in restructuring
The years of plenty of cash have long gone for the recording companies with the advent of downloads and free music via YouTube and MySpace. EMI should have cut their cost years ago, but one gem remains their property portfolio which is worth millions.... "The new owners... Carbon offsetting code "clear as mud"
The UK government’s proposed carbon offsetting code has been slammed by a new eco-travel website. Ecofriendlytourist.com warned that, far from helping consumers, it is likely to leave them even more confused instead. Environment Secretary...
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