McKinsey shocked by insider-trading allegations
NEW YORK (Reuters) - McKinsey & Co, long known for a button-down culture and priding itself on playing by the rules, is not looking so squeaky clean any more.
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Politics grows as key emerging markets driver
LONDON (Reuters) - As global markets come to the end of the broad recovery from last year's crash, political risk is developing as key to which emerging markets underperform -- with Romania, Thailand, Turkey and Latvia first to feel the pinch.
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Thangamayil Jewellery IPO plan
The Maduraibased Thangamayil Jewellery Ltd (TJL) has plans to come out with an initial public offer of equity shares for Rs 35 crore including premium, reports The Hindu Business Line.
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Conservative win would hit infrastructure shares
LONDON (Reuters) - An expected election victory for the Conservatives next year should hit infrastructure firms as government spending tumbles, while outsourcing groups and some defence contractors may gain.
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UK cost agency doesn't favour UCB arthritis drug
A National Institute for Health and Clinical Excellence (NICE) committee said there were limitations in submitted economic models for the drug, which led to a "high degree of uncertainty".
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UPDATE 1-Begbies Traynor says worst to come on insolvencies
BEG.L ) on Tuesday forecast that the worst is yet to come for insolvencies in the UK, saying 134,000 companies had shown signs of financial distress in the third quarter.
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UPDATE 1-Qatar sells $2 bln Barclays stake, shares fall
BARC.L ), worth over 1.3 billion pounds ($2.1 billion), the second major Middle East investor set to make a big profit by selling down its stake this year.
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