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AIG lifts dividend to aid shares
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6-1-2005
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AIG, the world’s biggest insurer, moved to shore up its share price on Wednesday by announcing its biggest dividend increase in more than 25 years. The company said it would raise its quarterly payout by 66.7 per cent on March 18, from 7.5 cents to 12.5 cents a share. |
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Microsoft sets up links with media rivals
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6-1-2005
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Microsoft has forged closer links with consumer electronics companies in an attempt to boost the use of its software in digital media and entertainment. |
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Head of Clifford Chance to relocate to New York
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5-1-2005
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The British head of Clifford Chance, the world’s biggest law firm, is switching his base to New York in a move to shake up management and boost profits at the firm’s US arm. |
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Chief of MMC’s flagging US business resigns
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5-1-2005
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Mitsubishi Motors (MMC), the scandal-hit Japanese vehicle maker, said Finbarr O’Neill, its chief of North American operations had resigned. |
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Next trims forecast as shoppers shun sale
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5-1-2005
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Next on Wednesday trimmed its profit forecast for the year after an end-of-season clearance sale failed to meet expectations despite an overall rise in retail and mail-order sales. |
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CRH profits to breach €1bn for first time
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5-1-2005
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CRH said on Wednesday that its full-year pre-tax profits were likely to break the €1bn ($1.3bn) mark for the first time as the Irish building materials group benefited from acquisitions and better weather in its core markets. |
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DLA joins US firm in landmark law merger
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6-12-2004
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The creation of the first international law firm with more than 1,000 lawyers on both sides of the Atlantic will be announced on Monday, in a move expected to trigger more consolidation as the legal profession increasingly becomes a global business. |
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Samsung to invest $24bn in chips by 2010
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6-12-2004
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Samsung Electronics, the world’s second largest chipmaker, said on Monday it would invest Won25,000bn ($24bn) in new chip production lines by 2010 to generate accumulative sales of Won200,000bn. |
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Canada’s Goldcorp to buy Wheaton River for $2.09bn
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6-12-2004
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Canadian mining company Goldcorp Inc. plans to buy competitor Wheaton River Minerals Ltd for $2.09 billion in stock, marking further consolidation in the mining industry, the companies said Sunday in a statement. |
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Jarvis warns of fresh funding crisis
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6-12-2004
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The future of Jarvis was thrown into doubt on Monday when it emerged that the ailing support services group may need emergency financing in January in order to stay afloat. |
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