TiVo, the maker of digital video recorders, said revenue rose 19 percent as it signed new deals with cable operators to use its technology, sending its shares higher in after-hours trading In the second quarter, TiVo posted a loss of $19 million, or 17 cents

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Royal Bank of Scotland says it will vigorously defend itself against US government claims it misrepresented the quality of mortgages it sold. The US Federal Housing Finance Agency (FHFA) has filed lawsuits

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Brazil’s central bank has unexpectedly cut the country’s key interest rate to 12% from 12.5%, citing a “substantial deterioration” in the outlook for the global economy. The bank’s rate-setting committee voted five to two in favor of

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