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  • RUGAO, China/ SINGAPORE, Dec 6- Deserted flats and boarded-up shops in the Yangtze river town of Changqingcun serve as a blunt reminder of the area's reliance on China Rongsheng Heavy Industries Group, the country's biggest private shipbuilder. Rongsheng lost an annual record 572.6 million yuan last year, and lost 1.3 billion yuan in the first half of this year.

  • KIEV, Dec 5- With 350,000 anti-government protesters packed into the capital Kiev on Sunday, the anchor on Ukraine's top television channel, firmly aligned with President Viktor Yanukovich, appeared to go off script.

  • MEXICO CITY, Dec 4- Mexico's telecoms industry watchdog said on Wednesday it has informed the companies it will assess for tougher regulation, likely the first step in taking measures against phone giant America Movil and broadcaster Televisa.

  • SAN FRANCISCO, Dec 4- Billionaire investor Carl Icahn said on Wednesday that he has filed a shareholder proposal with Apple for a much smaller stock buyback plan than he has advocated previously, as he continued to pressure Apple to share more of its cash pile.

  • Billionaire investor Icahn steps up pressure on Apple Wednesday, 4 Dec 2013 | 3:49 PM ET

    SAN FRANCISCO, Dec 4- Billionaire investor Carl Icahn said on Wednesday that he has filed a shareholder proposal with Apple for a much smaller stock buyback plan than he has advocated previously, as he continued to pressure Apple to share more of its cash pile.

  • The real facts about inequality Wednesday, 4 Dec 2013 | 12:37 PM ET
    A homeless woman stands in the street in New York.

    There is no question that inequality is disturbingly high. But the discussion around it is flawed by a disregard for actual data.

  • SAO PAULO/ RIO DE JANEIRO, Dec 3- OGX Petróleo e Gas Participações SA and its creditors are close to a deal to transform some of OGX's $5.1 billion debt into stock, stripping Brazilian businessman Eike Batista of a controlling stake in the oil company, two sources with direct knowledge of the situation said on Tuesday.

  • BOSTON, Dec 3- Hedge fund manager William Ackman posted fresh gains in November even as his big short position on Herbalife lost more money, leaving his fund with double-digit returns for the year.

  • BERLIN, Dec 3- Zalora, an online fashion start-up in Southeast Asia, has raised $112 million in new capital from investors including billionaire Leonard Blavatnik's Access Industries and U.S. asset management firm Scopia Capital Management.

  • LAUNCESTON, Australia, Dec 3- Australia's new Liberal government is discovering that it's easier to promise to be business friendly and welcoming to foreign investment than it is to deliver in practice.

  • Dec 2- Forest Laboratories Inc, which is facing patent expirations on several of its biggest drugs, on Monday said it plans to buy rights to a new schizophrenia treatment from Merck& Co and cut annual operating costs by $500 million in fiscal 2016..

  • LONDON, Dec 2- In 2006, Britain's energy regulator reviewed how the gas and electricity market was functioning. Summarising its findings, it noted the possibility that its rules on pricing had been overly generous to the network owners.

  • Suncor CFO resigns, to join Canadian Pacific Friday, 29 Nov 2013 | 8:22 AM ET

    Nov 29- Canada's No.1 oil and gas producer Suncor Energy Inc's chief financial officer left the company after four years in the role to join Canadian Pacific Railway Ltd.. Suncor Energy said an announcement for Brian Demosky's replacement would be made in due course.

  • STOCKHOLM, Nov 28- Christer Gardell, who co-founded Europe's biggest activist investor Cevian Capital, expects a burst of activity in mergers and acquisitions next year as corporate confidence returns.

  • BEIJING, Nov 27- Microsoft Corp. has made it harder to monitor calls and chats over its Skype phone service in China, a freedom of expression advocacy group said, as the Chinese government steps up censorship of the Internet.

  • Think taxes chase away millionaires? Think again Wednesday, 27 Nov 2013 | 9:12 AM ET

    New data on the population of millionaires suggest little connection between tax rates and a state's population of millionaires.

  • *Senate due to vote on ban over tax fraud conviction. ROME, Nov 27- The Italian Senate opened its debate on expelling Silvio Berlusconi on Wednesday, ahead of an evening vote that is expected to see the veteran centre-right leader stripped of his seat in parliament over a tax fraud conviction.

  • It's more like you're in Macau, "says Francis Hernando, the Philippine gaming body's vice president for licensed casino development. As a result, the proportion of Macau's gaming revenue from VIPs has fallen to its lowest share since 2006, while spending by middle-class, mass-market gamblers- who do not rely on Macau's idiosyncratic junket system- is surging.

  • NEW YORK/ SAN FRANCISCO, Nov 26- Activist investor Carl Icahn will sell all his shares in Take-Two Interactive Software Inc back to the videogame company, netting a fat return on his investment in the "Grand Theft Auto" publisher.

  • BEIJING, Nov 27- Courier Chen Honglei packs boxes of clothing, appliances and utensils into his electric three-wheeler to deliver to customers in northwestern Beijing, helping China's second largest e-commerce company Jingdong maintain its logistics edge in a cut-throat market.

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