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  • LONDON, April 17- Barclays announced a number of promotions in its investment bank's management on Friday as it continues a review of the division that contributes about half of group profit. Felder, who joined Barclays from now-defunct U.S. investment bank Lehman Brothers in 2008, was previously co-head of securities.

  • JOHANNESBURG, April 17- Africa's demand for bandwidth is doubling every year, outpacing the laying of terrestrial telecom fibre links and encouraging commercial satellite operators to launch more units into orbit.

  • Barclays reorganises management of investment bank Thursday, 17 Apr 2014 | 9:32 AM ET

    LONDON, April 17- Barclays announced a number of promotions in its investment bank's management on Friday, while it continues with a review of the division that contributes about half of the group's total profits. Felder, who joined Barclays from now-defunct U.S. investment bank Lehman Brothers in 2008, was previously co-head of securities.

  • News Summary: Philip Morris Int'l 1Q profit falls Thursday, 17 Apr 2014 | 9:21 AM ET

    THE RESULTS: Philip Morris International Inc.' s first-quarter profit dropped nearly 12 percent to $1.88 billion as cigarette sales fell in the overseas markets that it serves and it was hurt by foreign exchange rates for the U.S. dollar.

  • Philip Morris Int'l 1Q profit falls nearly 12 pct Thursday, 17 Apr 2014 | 7:40 AM ET

    RICHMOND, Virginia— Philip Morris International's first-quarter profit dropped nearly 12 percent as cigarette sales fell in the overseas markets that it serves and it was hurt by foreign exchange rates for the U.S. dollar.

  • PepsiCo's profit rises on snack sales, cost cuts Thursday, 17 Apr 2014 | 7:05 AM ET

    NEW YORK— PepsiCo reported a stronger-than-expected first-quarter profit as the company slashed costs and sold more snacks around the world.

  • JOHANNESBURG, April 17- Africa's demand for bandwidth is doubling every year, outpacing the laying of terrestrial telecom fibre links and encouraging commercial satellite operators to launch more units into orbit.

  • NEW DELHI, April 17- India's oil imports from Iran more than doubled in March from a year ago to about 387,000 barrels per day. Iranian shipments in the first quarter of this year rose about 43 percent from the same period in 2013, according to tanker arrival data obtained from trade sources and compiled by Thomson Reuters Oil Analytics. For a full story, see:.

  • Minneapolis- based Cargill had been in late-stage talks to buy the business, which spans bean pressing in Abidjan in Ivory Coast to fine chocolate making in Belgium. The combined company would have been big enough to rival Swiss chocolate maker Barry Callebaut, the world's largest industrial chocolate producer.

  • LONDON, April 16- Trading house Gunvor reported core earnings rose by a quarter in 2013 and said it expected to improve results again in 2014 despite the brief turmoil it faced last month due to its close links to Russia.

  • *The UK is a great place to do business, says Starbucks EMEA boss. LONDON, April 16- Starbucks Corp will move its European headquarters to London from the Netherlands this year and pay more tax in the UK as a result, the company said on Wednesday.

  • ALGIERS, April 16- Cramped with his young wife and three infants in a shack in Algiers' Citi Hofra slum, Amin Kerchach could be forgiven for being angry at missing out on Algeria's gas wealth.

  • AP names Nigeria chief of bureau Wednesday, 16 Apr 2014 | 10:18 AM ET

    JOHANNESBURG— The Associated Press has named Michelle Faul, who has covered the major stories of Africa over the past three decades, as its bureau chief in Nigeria. Faul has been AP's chief Africa correspondent based in Johannesburg since 2005, traveling widely in sub-Saharan Africa.

  • April 16- The world economy can expect steady growth at best over the coming year, but any rapid slowdown in China as it tries to rebalance its economy could upset the still-unsteady progress, Reuters polls showed.

  • More risk in sight as key frontier index faces re-jig Wednesday, 16 Apr 2014 | 10:14 AM ET

    Investors could find it harder to use the closely watched MSCI frontiers index to benchmark their performance when it loses major constituents next month.

  • ZURICH, April 16- Syngenta AG, the world's largest maker of crop chemicals, expects weak emerging markets currencies to have a bigger hit on full-year earnings than previously assumed, it said on Wednesday, as it posted higher first-quarter sales.

  • April 15- Starbucks Corp said it decided to move its European headquarters to the United Kingdom from the Netherlands following criticism over its low tax payments in Britain last year, The Times reported.

  • *Bank faces backlash over bonuses at AGM April 24. LONDON, April 15- Barclays' Chief Executive Antony Jenkins is facing a high-wire act to overhaul the firm's investment bank without undermining a division that contributes about half of group profits. "The expectation is for something like a 10 to 20 percent cut," Chintan Joshi, analyst at Nomura, said.

  • LONDON, April 15- Africa and Brazil are more attractive areas for oil and gas exploration than the Arctic, where firms will need 15 to 20 years to tap reserves due to the harsh climate, the chief executive of Norway's DNV GL said. "I think there are more attractive areas in the world like Africa and maybe Brazil.

  • Noble Energy CEO Charles Davidson to retire Tuesday, 15 Apr 2014 | 9:03 AM ET

    HOUSTON— Noble Energy CEO Charles Davidson is retiring in the fall after more than a decade leading the oil and gas producer. Stover, 56, joined Noble Energy in 2002. Before that, he worked at oil companies BP, Vastar Resources and Atlantic Richfield.

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