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Archive for February 23rd, 2008Liechtenstein tax fraud informant named: reportsPosted by UK Economy News
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23Feb 08 An informant in the Liechtenstein tax evasion scandal was identified by the German press Saturday as Heinrich Kieber, even as Chancellor Angela Merkel vowed a zero-tolerance policy toward evaders.
Read full story Jailed VW man hints ex-boss knew of slush fund uses: reportPosted by UK Economy News
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23Feb 08 Jailed former Volkswagen works committee chief Klaus Volkert has suggested that ex-VW boss Ferdinand Piech knew about a multi-million slush fund for union leaders, a German magazine said Saturday.
Read full story Comments Off Microsoft email prepares workers for Yahoo takeoverPosted by UK Economy News
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23Feb 08 A Microsoft executive on Friday sent workers an upbeat email outlining a vision of how the software giant expects to take over Yahoo and merge the companies' cultures and resources.
Read full story Comments Off Iran says it will back OPEC output cutPosted by UK Economy News
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23Feb 08 Iran's Oil Minister Gholam Hossein Nozari said on Saturday that Tehran would back a plan to cut oil production at next month's OPEC meeting, the oil ministry news agency Shana said.
Read full story Comments Off British sugar refiner Tate and Lyle to switch to FairtradePosted by UK Economy News
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23Feb 08 Tate and Lyle, the biggest sugar cane refiner in Europe, announced Saturday that it would switch to Fairtrade sugar supplies in Britain to guarantee producers in poor countries a fair price.
Read full story Comments Off Fortis said to be rapidly merging ABN fundPosted by UK Economy News
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23Feb 08 The merger of the asset management divisions of ABN AMRO and Fortis is proceeding faster than planned, a senior Fortis banker was quoted as saying.
Read full story Comments Off Sarkozy says EU making too many WTO concessionsPosted by UK Economy News
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23Feb 08 French President Nicolas Sarkozy said on Saturday the European Union was making too many concessions in current World Trade Organisation (WTO) talks and called for emerging countries to show more goodwill.
Read full story Comments Off Tate switching sugar to ethical labelPosted by UK Economy News
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23Feb 08 Sugar refiner and sweetener maker Tate & Lyle said on Saturday it has begun to switch its retail sugar range to the ethical Fairtrade label, with the first products sourced from former British colony Belize.
Read full story Comments Off EU to consider sovereign wealth fund voluntary codePosted by UK Economy News
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23Feb 08 The European Commission will consider a code of conduct asking sovereign wealth funds run by countries to stress commercial goals rather than strategic considerations when making investments, an EU official said.
Read full story Comments Off Sarkozy says EU making too many WTO concessionsPosted by UK Economy News
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23Feb 08 French President Nicolas Sarkozy said on Saturday the European Union was making too many concessions in current World Trade Organisation (WTO) talks.
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