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Libyan chaos stirs global panic over oil supplies

MADRID: Libya's oil industry is in chaos - and there's no telling when that will end.





Australian currency firms charged with bribery

SYDNEY: Australian federal police charged two currency printing firms and several of their former senior managers on Friday with bribing foreign officials to secure bank note supply contracts.


Murdoch grip on reins comes under fire in hacking

LOS ANGELES: As investors punished News Corp.'s stock again on Monday, questions arose anew about the leadership of its chief executive, Rupert Murdoch.


Aegis’ position could be rattled with unit sale

BRITISH group Aegis, one of the last independent advertising agencies, could fall prey to a larger rival if it sells its Synovate unit, with major shareholder Vincent Bollore in the role of kingmaker.


Analysis - Libya's next tests: Big expectations, power plays

LONDON (Reuters) - Jockeying for power among Libya's well-armed and fractious new leadership may intensify after the death of Muammar Gaddafi, an anxious and, for many, joyous moment in a country hungry for stability and impatient to swap the bullet for the ballot box.


The audacity of hedge funds and their lack of righteousness

Andrew Sheng looks at the truth behindthe book 'More Money than God' and pointsthe finger at the hedge fund industryfor the state of many ailing economies.


Arab states cut commercial ties with Syria

CAIRO (Reuters) - The Arab League approved economic sanctions on Syria on Sunday to try to force Damascus to halt an eight-month crackdown on protests against President Bashar al-Assad that Qatar said may prompt international intervention.


Olympus aims to tap Sony, others for $1.3bil in new capital

TOKYO (Reuters) - Olympus Corp is preparing to issue about $1.28 billion (100 billion yen) in new shares with Japanese high-tech stalwarts Sony and Fujifilm seen as likely buyers as it tries to bolster its depleted finances, the Nikkei business daily reported.


Woodford to decide on bid to run Olympus

TOKYO: The former CEO of Japan’s disgraced Olympus Corp, Briton Michael Woodford, has returned to Japan on where he says he will decide the future of his bid to return to his old post.