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Tiffany & Co Ordered To Pay Swatch Over Failed Venture

The Tiffany & Co jewellery chain has been ordered to pay Swatch Group $448m (£274m) over a failed joint venture. The chain said it was "shocked and extremely disappointed" with the decision and cut its full year earnings on the...

Thai Protesters Seek To Block Election, Baht Slumps

The Thai baht plumbed its lowest level in almost four years on Monday as a political crisis grew more intractable, with anti-government protesters attempting to stop candidates from registering for a February election. Tens of thousands of protesters rallied across...

Analysis: Even If Foreign Troops Leave Afghanistan, U.S. Has Some Options

U.S. officials have warned of the potential for catastrophe if Afghan President Hamid Karzai fails to sign a security pact to permit foreign forces to stay in Afghanistan beyond 2014. Unless a deal is reached to enable a modest U.S....

China Wants More Party Bosses Reprimanded For Ignoring Graft

CHINA'S PRESIDENT XI JINPING ATTENDS A MEETING WITH FORMER U.S. PRESIDENT BILL CLINTON (NOT PICTURED) AT THE GREAT HALL OF THE PEOPLE China's ruling Communist Party would like to see more party bosses held accountable for allowing corruption to happen...

Syrian Helicopter Bomb Raids Kill 42 In Aleppo: Monitors

At least 42 people, including children, were killed on Sunday when Syrian army helicopters dropped improvised "barrel bombs" in the northern province of Aleppo, a monitoring group said. The British-based Syrian Observatory for Human Rights said separate air raids hit...

Analysis: In Banking Reform, Europe Zig-Zags But Still Moves Forward

The European Union does not draw straight lines. Last week's tortuous agreement on a common system for shutting failed banks exemplifies the awkward, often unstable compromises by which Europe advances. Banking union is the biggest leap forward in EU integration since...

In Wake Of Budget Deal, Congress Slices Up Trillion-Dollar Pie

As Washington empties out for the holidays, a final budget fight will play out in the nearly empty Capitol building as congressional staffers parcel out more than $1 trillion to fund everything from cybersecurity to student loans. Unlike the knock-down...

Apple, China Mobile Sign Long-Awaited Deal To Sell Iphones

Apple Inc said it has signed a long-awaited agreement with China Mobile Ltd to sell iPhones through the world's biggest network of mobile phone users. In a deal that could add billions of dollars to its revenue, Apple said its...

OPINION: WHY NIGERIA CANNOT HAVE CREDIBLE LEADERS

Leadership and leaders in a society (in this context, a country) are produced by and from its people. The people in turn are what they are through the influence of their social or value system – the culture that...

OPINION: WHY LAMIDO SANUSI SHOULD RESIGN AS THE NIGERIAN CENTRAL BANK GOVERNOR

The most important asset a bank has is its credibility. The bank’s credibility is carried by the governor and is embodied in the person of the governor. It is this credibility that makes national and international commerce go on....

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Tinubu Doesn’t Live Large — NRS Boss Fires Back At Critics, Says President Walks To Work, Eats Once Daily, Debunks $279m Fraud Allegation

Describing the allegations as entirely false, Adedeji said they were the handiwork of individuals determined to discredit him and weaken public confidence in the Tinubu administration.
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