Friday 28 November 2014
 
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How JPMorgan struck gold with copper

On the London Metal Exchange (LME), three-month metal was charging to the then all-time high of $9,550 per tonne, and front-month spreads were tightening. LME reports at the time showed a single entity controlling over half of all eligible LME stocks, leading to a frenzy of specu

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Internet-connected device sector deals accelerating

Investment in the fast-growing market for Internet-connected devices gathered pace this year and is set to attract more top US technology and telecoms buyers of firms active in the market, a report from a merger advisory firm said on Thursday. Corporate finance adviser Hampleton

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Fat to blame for half a million cancers a year: WHO

Some half a million cases of cancer a year are due to people being overweight or obese, the World Health Organization's cancer research agency said on Wednesday. In a study published in the journal The Lancet Oncology, the WHO's International Agency for Research on Cancer

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Opec – to cut or not to cut, that is the question

Will Opec go for a quick fix and worry about the future later or will it pass the challenge to US producers by allowing the price to remain low or go even lower? These are the questions that the market will be looking for answers to this Thursday. “Participants in the globa

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Three ICT trends to watch in 2015

Pre-fabricated data centres, managing power to secure savings and the availability of trusted data are the three most important ICT trends making an impact in 2015, predicts an industry expert. The year 2015 is only a few weeks away and it promises to be yet another exciting and

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Basel III presents long-term prospects for ME banks

Basel III regulations present an opportunity for Middle East banks and regulators to embrace new rules and improve the sector’s asset quality and risk-return profiles, a report said. Complying with Basel III regulations should encourage Middle East banks to take a more calc

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Infrastructure growth key to Bahrain’s industrial sector

Infrastructure projects worth an estimated $22 billion, which are expected to be rolled out in Bahrain before 2020, will boost the kingdom’s industrial sector via improved transport links and massive facilities, a report said. However, falling oil revenue may impact funding

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More efficient public investment a Mideast priority

Improving the efficiency of public infrastructure investment across many oil exporters in the Mena region and the Caucasus and Central Asia is now more important than ever, said a new International Monetary Fund (IMF) report. Developing strong institutions to manage public invest

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Opec keeps oil markets guessing on output move

Oil analysts are putting down markers on the Organisation of the Petroleum Exporting Countries' (Opec) meeting on November 27, when members will consider whether to cut output to shore up prices. Opec members Iran and Venezuela have urged fellow crude producers to support oil

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Cellphone trackers to feature altitude data

Cellphones long have doubled as tracking devices, capable of revealing your location to police, paramedics, even grocery stores looking to deliver coupons to nearby customers. But there’s a measurement cellphones once struggled to make: altitude. No more. Cel

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