Tuesday, March 25, 2014

Australia Backs Away From Cap on Directors' Tenure

Australia has backed away from a proposal to encourage listed companies to limit the tenure of independent directors to a maximum of nine years.



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Cosco Pacific Net Profit Doubles

Chinese ports investor Cosco Pacific reported a sharp rise in 2013 net profit thanks to growth in port-handling volume and a one-off gain from a stake sale.



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Abu Dhabi's Taqa Hurt By Write-Downs

Abu Dhabi National Energy suffered a hefty loss in 2013 because of impairment charges on its North American oil and gas assets.



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Monday, March 24, 2014

Tobacco Firms Step Up Fight Against Cigarette Smuggling

Major cigarette makers have expanded their anti-illicit-tobacco teams in recent years in an attempt to better penetrate the murky world of cigarette smuggling.



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The Secret About Online Ad Traffic

Billions of dollars are flowing into online advertising. But marketers also are confronting an uncomfortable reality: rampant fraud.



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Madoff Ex-Employees Found Guilty of Fraud

A jury concluded that Madoff's Ponzi scheme was a team effort, as it found five former employees guilty of aiding and hiding the decadeslong fraud.



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Huawei's Role in Internet Traffic Grows

Huawei sells an increasing share of Internet gear despite being shunned in the U.S.



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