Top Stories Today

General Motors pulls $10m Facebook ads

The move calls Facebook's advertising model into question ahead of its IPO

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Facebook IPO to hand Microsoft $250m windfall

2007 investment of $240m in social networking giant grows five-fold in five years

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French Connection set to miss 2012 profit forecasts

The fashion group reported a 9.5 percent revenue fall in its first quarter

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Aviva to sell underperforming assets

In the wake of the "Shareholder Spring" and loss of CEO Andrew Moss Aviva is to overhaul its strategy

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JCDecaux, Clear Channel forced to open up street ad market

OFT wins agreement with the two groups to change the way they enforce advertising contracts

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Aviva posts 5 percent fall for Q1 life insurance sales

The insurer also said it would take the rest of the year to appoint a new chief executive

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Companies with govt contracts should be subject to FoI

An influential parliamentary committee says business need to be closely monitored

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Surprise Q1 fall in unemployment

The ONS said the number of jobless fell in the three months to March to 2.625 million

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JPMorgan's CIO unit used "looser" risk controls, source says

Sources told Reuters that the investment unit that lost $2 billion was fairly autonomous in its risk calculations

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Inflation to stay above 2% target for another year, BoE forecasts

Subdued growth and the euro zone debt crisis forced the BoE to change its forecast for a fall in inflation this year

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EC to push for a binding shareholder vote on executive pay

Michel Barnier, EC commissioner for internal markets, said the legislation could take effect next year

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Facebook boosts its IPO by 25 percent, source says

The extra 25 percent Facebook has reportedly increased the IPO by could raise as much as $16 billion

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Most Popular

Insurers spend over £100m on Solvency II

Analytics expert says the regulation should have been delivered in manageable chunks

JPMorgan's CIO unit used "looser" risk controls, source says

Sources told Reuters that the investment unit that lost $2 billion was fairly autonomous in its risk calculations

Diageo in talks to buy stake in Jose Cuervo

Jose Cuervo is the owner of the world’s top tequila brand and a company worth more than $3 billion

Companies' cash reserves 'highest level on record'

Corporates holding on to £731.4 billion in cash, report claims

Facebook ex-CFO avoids hefty tax bill ahead of IPO

The social network's first ever chief financial officer Eduardo Saverin has lived in Singapore since 2009


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