RBS has launched a joint venture with a Chinese firm The tieup with China’s Guolian Securities will allow RBS to manage share sales and issue debt in China’s fast-growing financial markets. RBS Asia boss John McCormick said the venture could also help UK

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Bloomsbury sales of e-books soar in 2011 Bloomsbury says its sales of e-books has soared as the worldwide popularity of electronic readers rises. Its comments came as it reported pre-tax profits for the 14 months to 28 February of £4.2m.

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Glencore International has a set a price range for its initial public offering in London and Hong Kong, enabling the company to raise up to 6 billion pounds ($10 billion). The world’s largest diversified commodities trader had set a price range

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CBS posted a quarterly profit that beat analyst estimates and announced it was raising its dividend. The media giant announced that it doubled its quarterly dividend from $0.05 to $0.10 per share. The dividend is payable on July 1, 2011 to shareholders of record as of June 10, 2011. The firm reported first-quarter earnings of [...]

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UK’s manufacturing sector grew at its weakest pace for seven months in April 2011, a survey suggests. The Markit/CIPS UK manufacturing purchasing managers’ index (PMI) fell to 54.6 last month from a downwardly-revised 56.7 in March. A

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