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  • LONDON, April 26- Scotland is likely to win self rule in the next few years while the economic divide between the international powerhouse of London and the rest of the United Kingdom will deepen, media tycoon Rupert Murdoch said on Sunday. Scots rejected independence in that referendum, but the Scottish National Party is now forecast to win the majority of...

  • MOSCOW, April 23- Russian railcar manufacturer United Wagon Company has set a price range of 650- 750 roubles per share and increased its offering in Russia's first initial public offering in more than a year. United Wagon Company may get a market valuation of between 65 billion and 75 billion roubles, a source close to the placement told Reuters.

  • *New Potash Corp nominees suggest a deal has been struck. SANTIAGO, April 22- Chile's SQM, the world's biggest producer of key battery ingredient lithium, will get a new board on Friday minus the man who has led it for nearly three decades, as the scandal-plagued company moves to reassure investors about its corporate governance. The scandal has convulsed the...

  • District Judge Thomas Griesa in Manhattan said the funds can seek documents from Argentina and banks including Deutsche Bank AG related to Tuesday's $1.4 billion bond sale to determine if any assets exist in the United States that could satisfy billions of dollars in unpaid judgments. The ruling applies to Argentina and banks subscribed to the offering,...

  • *Canada's Potash Corp yet to make decision on nominees. By Rosalba O'Brien and Felipe Iturrieta. SANTIAGO, April 22- The future of Chile's SQM, the world's biggest producer of key battery ingredient lithium, hangs in the balance this week as the chairman faces demands to resign and a new board is elected.

  • BENGALURU, April 21- Wipro Ltd, India's third-biggest software services exporter, has appointed the son of billionaire founder Azim Premji to its board, in a long awaited promotion that moves the chairman's heir apparent closer to the top spot. Rishad Premji, eldest son and a Harvard Business School graduate, was already Wipro's chief strategy officer.

  • April 21- Saudi Arabia's Prince Alwaleed bin Talal is in no doubt that James Murdoch is ready to take a much bigger role at Twenty-First Century Fox, by far the largest part of the media empire that James' father Rupert Murdoch built. It is also unclear what title James would take or whether there is any possibility that Rupert Murdoch, 84, would relinquish the Fox...

  • LONDON, April 20- Britain on Monday ordered Russian billionaire Mikhail Fridman to sell his newly acquired North Sea gas fields within six months, ratcheting up the pressure on one of Russia's most influential businessmen just two weeks before the May 7 national election. Upping the ante in a standoff that some Russian businessmen say shows Russian capital is...

  • LONDON, April 20- Britain's energy minister has decided to force Russian billionaire Mikhail Fridman to sell North Sea gas fields he recently acquired as part of a $5.4 billion takeover deal of DEA, the former oil and gas unit of Germany's RWE. The decision comes two weeks ahead of a general election in Britain and further sours Britain's relations with Russia in...

  • HONG KONG, April 19- The green energy potential of thin-film solar panels has propelled Li Hejun to the top of China's rich-list, but his Hanergy Holdings has yet to prove it can turn impressive laboratory research into commercially successful products. Hanergy Thin Film Power, a Hong Kong- listed unit, has seen its value soar six-fold in the past year to $37...

  • MEXICO CITY, April 17- Shareholders in Mexico's America Movil on Friday approved a plan to spin off around 10,800 cell towers into a new company, Telesites, that will open up their use to competitors, the company said in a statement. Under the plan, current shareholders will receive the same number and series of shares in Telesites, which will be listed on Mexico's...

  • *Bollore cautions deal-making will take time, prudence. PARIS, April 17- Vivendi's chairman and main shareholder Vincent Bollore won double voting rights at the company's annual shareholders' meeting on Friday after opponents failed to get support for their motion to keep a one-share-one-vote structure. Bollore, a billionaire who made his name as a corporate...

  • MOSCOW, April 17- Russian railcar manufacturer United Wagon Company plans to float at least 10 percent of its shares on the Moscow exchange, it said on Friday, representing Russia's first initial public offering in more than a year. Russia's most recent IPO was by budget hypermarket chain Lenta in February last year, weeks before Moscow annexed the Crimea region...

  • MOSCOW, April 17- Russia's United Wagon Company said on Friday it planned an initial public offering on the Moscow Exchange of at least 10 percent of its shares by the end of the month. The company, part of the ICT Group headed by Russian billionaire Alexander Nesis, said in a statement that the share price would be announced prior to the placement.

  • *Bollore is Vivendi's biggest holder, chairman. PARIS, April 16- Billionaire businessman Vincent Bollore is likely to tighten his hold on French media group Vivendi when shareholders decide on Friday whether to give long-term investors double voting rights. Going into Vivendi's annual meeting, Bollore is the uncontested leader of the 162- year-old...

  • Ex-Fed chair Bernanke joins hedge fund Citadel as advisor Thursday, 16 Apr 2015 | 10:59 AM ET

    BOSTON, April 16- Ben Bernanke, the former Federal Reserve chairman and one of the world's most closely watched economic thinkers, is joining one of the most successful hedge funds as an advisor, Citadel LLC said in a statement on Thursday. Last month former Federal Reserve Board governor Jeremy Stein joined BlueMountain as an advisor and Bernanke's...

  • MOSCOW, April 16- Energy trader Gunvor has sold its 30 percent stake in Russian coal producer Kolmar, the Swiss-based trader said on Thursday. Gunvor, one of the world's top five oil trading houses, has been looking to cut exposure to Russia by selling assets. The company's former co-owner, Russian billionaire Gennady Timchenko, sold his stake in Gunvor last year...

  • MOSCOW, April 16- Energy trader Gunvor has sold its 30 percent stake in Russian coal producer Kolmar, the Swiss-based trader said on Thursday. The stake has been sold to Mokara Enterprises Limited, owned by Russian businessman Andrei Bokarev, Gunvor said in a statement. The company's former co-owner, Russian billionaire Gennady Timchenko, sold his stake in...

  • UPDATE 1-Bernanke to advise hedge fund Citadel - NYT Thursday, 16 Apr 2015 | 3:38 AM ET

    Federal Reserve, has agreed to become a senior adviser to Citadel Investment Group, a $25 billion hedge fund founded by billionaire investor Kenneth Griffin, the New York Times reported on Thursday. Bernanke's predecessor, Alan Greenspan, joined hedge fund Paulson& Co as adviser in 2008. Jeremy Stein, a Federal Reserve Board governor for two years, joined hedge...

  • London stakes its claim as global bitcoin hub Wednesday, 15 Apr 2015 | 6:57 PM ET
    Bitcoins

    London, center of the $5-trillion-a-day global currency market, now wants to be home to a controversial upstart - bitcoin.