Standard Chartered named John Peace as chairman, succeeding from Mervyn Davies who left in January to take a job with the U.K. government.
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The BBC is preparing an aggressive defense against a plan to redistribute some of its funding to struggling commercial rivals.
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Violations of European standards by an Indian manufacturer have prompted recalls of generic drugs, including a version of Prozac sold by Novartis.
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U.K. hedge-fund manager TCI lifted its revenue and profit by more than 70% in its last financial year, its fourth consecutive year of double-digit increases.
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U.K. hedge-fund manager TCI lifted its revenue and profit by more than 70% in its last financial year, its fourth consecutive year of double-digit increases.
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China's fluorescent-light maker TCP, which makes bulbs for GE, Philips and others, will begin making and selling TCP-branded products in the U.S.
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Chinalco took up all of its allocation of rights in Rio Tinto's $15.2 billion raising and will maintain its position as the miner's biggest shareholder.
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