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Ukraine channels cry foul as frequencies pulled

Two Ukrainian television channels cried foul on Tuesday after a high court pulled crucial broadcasting frequencies away from them, sparking media freedom activists to reiterate concerns of an organized attempt to block objective news coverage.

9 2010 | Viewed: 590 | News / Review of Mass Media | Read full
Kremlin plans to cut jobs by 20%

Dmitry Medvedev, the Russian president, has ordered the government to prepare plans to cut up to 20 per cent of government staff.

9 2010 | Viewed: 693 | News / Review of Mass Media | Read full
RBS draws up shortlist for £4bn asset sale

Royal Bank of Scotland has stepped up its asset sell-off programme, and drawn up shortlists for two key businesses that are expected to fetch about 4bn ($6bn) for the government-backed bank.

9 2010 | Viewed: 526 | News / Review of Mass Media | Read full
Rating firms face EU shake-up

The European Commission on Wednesday moved to increase competition in the credit rating business by requiring that the information on which many ratings are based is accessible to all rating firms.

4 2010 | Viewed: 535 | News / Review of Mass Media | Read full
Rating agencies face fresh questions

Credit rating agencies again step into the spotlight on Wednesday as a Congressional commission grills Warren Buffett, the billionaire investor, and former and current executives from Moody's Investors Service about the sector's role in the financial crisis.

3 2010 | Viewed: 573 | News / Review of Mass Media | Read full
Abu Dhabi to create regional semiconductor hub

Abu Dhabi on Tuesday announced plans to bring the global chipmaking industry to the Middle East, as the oil-rich emirate seeks to diversify its economy into knowledge-based industries.

3 2010 | Viewed: 566 | News / Review of Mass Media | Read full
IMF: The Party's Over for Azerbaijan's Oil Sector

Baku may still sport all the signs of energy wealth, but, after an almost decade-long boom, the International Monetary Fund is cautioning that Azerbaijan's oil sector no longer has enough muscle to power economic growth alone.

31 2010 | Viewed: 524 | News / Review of Mass Media | Read full
China fund very concerned on shaky eurozone

China's main sovereign wealth fund is "very concerned" about short-term market fluctuations resulting from instability in the eurozone, according to the fund's president.

29 2010 | Viewed: 690 | News / Review of Mass Media | Read full
CNN bolsters profits even as ratings slump

CNN aims to deliver its most profitable year in its 30-year history in 2010 even as the network that invented the 24-hour television news business suffers its worst US ratings in memory.

28 2010 | Viewed: 527 | News / Review of Mass Media | Read full
Dollars rise to hit global US groups

Foreign exchange volatility could take its toll on the financial results of US multinationals such as Kraft, McDonald's, Coca-Cola, Procter & Gamble and Nike, in spite of efforts to blunt the effects through hedging.

25 2010 | Viewed: 537 | News / Review of Mass Media | Read full
Prince Andrews trade role defended

Buckingham Palace defended Prince Andrew's globetrotting role promoting British business on Sunday after a newspaper sting appeared to show his former wife selling access to him for 500,000, offered by a reporter posing as a tycoon.

25 2010 | Viewed: 574 | News / Review of Mass Media | Read full
Yahoo and Nokia in mobile web deal

Yahoo and Nokia, two companies under pressure from increasingly forceful competitors Google and Apple, have struck a broad alliance to strengthen their mobile internet offerings, particularly in emerging markets.

25 2010 | Viewed: 533 | News / Review of Mass Media | Read full
Duchess of York apologizes over newspaper sting

(Reuters) - Britain's Duchess of York, caught on camera apparently offering to sell access to her ex-husband, UK trade envoy Prince Andrew, said on Sunday she was sorry for her "serious lapse in judgment."

24 2010 | Viewed: 554 | News / Review of Mass Media | Read full
Euros woes likely to delay renminbi reform

With all eyes on the falling euro, the issue of Chinese currency reform seems to have been pushed to the sidelines.

20 2010 | Viewed: 658 | News / Review of Mass Media | Read full
Commerzbank prepares for end of state support

Commerzbank is preparing for a withdrawal of German state support by asking shareholders to agree to a range of capital-raising measures, including a large minority stake in the bank being sold directly to another investor.

20 2010 | Viewed: 560 | News / Review of Mass Media | Read full
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