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No plans for a Facebook phone, no guidance, and Zuck gets a little impatient.
Barclays faces new probe, more U.S. Libor lawsuits
Barclays PLC faces a new regulatory probe and more U.S. lawsuits, events that could make it harder for the British lender to repair the damage to its reputation caused by its role in the interest-rate rigging scandal rocking banks.
Fairfax’s Watsa prepares for the worst
Prem Watsa says he’s sticking with his incredibly bearish bet against the stock market, which paid off for the first time in the latest quarter.
Soaring costs sting Barrick
Barrick Gold Corp. announced a massive cost overrun and one-year delay at its key Pascua-Lama gold project, as the world’s biggest gold miner struggles with soaring industry costs that are also forcing it to shelve other large projects in the pipeline.
Eyeing drought, Potash Corp. expects surge in fertilizer demand
The world’s largest fertilizer producer posted a disappointing slip in profits for the second quarter on Thursday.
China’s CNOOC may tap bond, loan markets for Nexen bid
World’s biggest energy explorer by market value may borrow several billion dollars early next year to help fund its planned $15.1-billion (U.S.) cash bid for Nexen Inc.
Chris Dodd doesn’t support breaking up the banks
A lead architect of the financial overhaul that bears his name says breaking up the nation’s big banks is “too simplistic an approach”.
Credit rating agency regulation going the wrong way: CD Howe
All roads lead to conflicts of interest, it seems.
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