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Swiss bank chief under pressure to quitSwitzerland's biggest political party yesterday piled fresh pressure on the embattled head of the country's central bank to quit over a currency trade scandal. Swiss media said Philipp Hildebrand had failed to defuse the crisis when he ple More… |
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Top ECB official quits over bond-buying policyThe top German official at the European Central Bank (ECB) has resigned out of the blue in conflict with the bank's policy of buying government bonds to combat the euro zone's debt crisis. The ECB on Friday confirmed Executive Boar More… |
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Qatar quits Gulf plan for YemenQatar has pulled out of a Gulf-brokered plan to ease Yemen's president from power, leaving a deal to end months of violent protests against Ali Abdullah Saleh's rule close to collapse. Qatar's withdrawal came on Thursday just a More… |
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Morgan Stanley ME chief quitsGeorge Makhoul, Morgan Stanley's head of Middle East and North African operations, has resigned for personal reasons, a spokesperson said on Wednesday. George Makhoul, who helped establish the investment bank's operations in the region in More… |
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OMV may quit Iran projectAustrian oil company OMV AG has resisted Iranian pressure to push ahead with investment in a gas project and is prepared to be dropped as a partner, rather than invest now, an executive said on Wednesday. Helmut Langanger, OMV exploration More… |
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US military takes first step to quit Iraqi citiesThe US military took a step towards pulling combat troops from Iraqi cities on Saturday, moving out of a Baghdad base that Iraqi officials said would be dismantled and converted back into a shopping mall. It was the first US military base More… |
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IAEA chief threatens to quit if Iran attackedThe chief of the United Nations nuclear watchdog said in remarks aired on Friday that he would resign if there was a military strike on Iran, warning that any such attack would turn the region into a "fireball". "I don't believe that what More… |
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WTO deal faces threat as mediator set to quitThe diplomat overseeing one of the most fractious areas of global free trade talks said he will leave his post in August, adding pressure on World Trade Organisation (WTO) member states to settle their differences before he goes. The WTO's More… |
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Shell, Repsol may quit Iran gas projectRoyal Dutch Shell and Spain's Repsol are negotiating with the Iranian government to pull out of a $10 billion natural gas project due in part to US pressure, Spanish newspaper Expansion reported on Saturday. The companies want Iran to agre More… |
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Toshiba shares up on reports to quit HD DVDShares of Toshiba Corp rose 1.2 percent on Monday after a company source said it was planning to abandon its HD DVD format, allowing the Blu-ray technology backed by Sony Corp to become the standard for the next-generation DVD. Shares of S More… |
