Goldman Sachs and Deutsche Bank analyst cut their targets on the precious metal, citing an improving U.S. economy.
See more here: Wall Street sours on gold
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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...
Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday
Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...
UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...
Eurozone crisis live: Japan's strong growth figures... PM Shinzo Abe's stimulus package could generate feelgood factor needed to end two decades of stagnant growthPhillip Inman
The solar panel maker issued guidance well above forecasts, citing revenue expectations from its Desert Sunlight solar farm.
Read this article: First Solar surges 50% on sunny guidance
JPMorgan Chase cut CEO Jamie Dimon’s salary and bonus citing the London Whale losses. The bank beat earnings estimates for the quarter and full year.
Online gambling site Sportingbet announces a fall in first quarter revenues, citing “challenging trading conditions”, as poker revenues drop 50%.
Read the original: Squeeze hits Sportingbet takings
San Francisco Chronicle
S.Africa police block opposition from Zuma's home
JOHANNESBURG (Reuters) – South African police prevented the country's main opposition leader from using a public road leading to President Jacob Zuma's house in his home village on Sunday, citing safety concerns. South African media have reported …
Zuma insults all blacks: iLIVE
The World Bank lowers its growth forecast for China citing weak demand for its exports and lower investment growth.
The rest is here: World Bank lowers China forecast
The International Monetary Fund cuts its growth forecast for South Korea, citing risks from further intensification of the eurozone crisis.
Continued here: IMF cuts S Korea growth forecast
The International Olympic Committee cautioned Japan’s Olympic body during the London Games over a handbook that urged its athletes to vote for hammer thrower Koji Murafushi in his campaign to win a seat on the IOC’s Athlete’s Commission, it was learned Saturday.
View original post here: JOC warned over Murofushi handout
K-V Pharmaceutical (KV.A) filed for bankruptcy protection yesterday, citing the FDA’s failure to enforce orphan drug marketing exclusivity for the Missouri firm’s Makena drug for helping prevent premature births. This included enabling some state Medicaid agencies to limit access to the treatment. K-V also blamed manufacturing and marketing restrictions on some of its other products. (PR) Post your comment!
See the original post here: K-V Pharmaceutical (KV.A) filed for bankruptcy protection yesterday, citing the FDA’s failure to enforce orphan drug marketing exclusivity for the Missouri firm’s Makena drug for helping prevent premature births. This included enabling some state…